2013-01-14T12:00:09-06:00 2012-06-30 CROWE HORWATH LLP 330 E Jefferson Blvd PO Box 7 South Bend IN 466240007 990 2011-07-01 351019540 STANLEY CLARK SCHOOL INC STAN 5742914200 3123 Miami Street South Bend IN 46614 MELISSA GRUBB 2012-12-17 true Kenneth J Keber P00240883 5742323992 2011 2016-03-07 17:11:31Z MELISSA GRUBB 3123 Miami Street South Bend IN 46614 15638687 false X WWW.STANLEYCLARK.ORG X 1958 IN TO INSPIRE AND CHALLENGE STUDENTS TO ACHIEVE EXCELLENCE IN ACADEMICS, THE ARTS, ATHLETICS AND CHARACTER IN A NURTURING ENVIRONMENT THAT FOSTERS CRITICAL THINKING, CREATIVITY, ACCOUNTABILITY TO SELF AND OTHERS AND THE DISCOVERY OF EACH STUDENT'S STRENGTHS AND PASSIONS. 19 19 113 150 0 0 1984837 1861234 4383328 4455758 145752 415501 -22237 -5917 6491680 6726576 756535 735510 0 0 2846112 2837202 0 0 159160 2104178 1729274 5706825 5301986 784855 1424590 15716256 16732181 5302782 5054288 10413474 11677893 THE MISSION OF THE STANLEY CLARK SCHOOL IS TO INSPIRE AND CHALLENGE STUDENTS TO ACHIEVE EXCELLENCE IN ACADEMICS, THE ARTS, ATHLETICS AND CHARACTER IN A NURTURING ENVIRONMENT THAT FOSTERS CRITICAL THINKING, CREATIVITY, ACCOUNTABILITY TO SELF AND OTHERS AND THE DISCOVERY OF EACH STUDENT'S STRENGTHS AND PASSIONS. false false 4503199 735510 4497758 AT THE STANLEY CLARK SCHOOL (SCS) WE VALUE: - PROVIDING AN OUTSTANDING EDUCATION BY INTEGRATING COMPREHENSIVE PROGRAMS OF EXCELLENCE IN ACADEMICS, THE ARTS, PHYSICAL EDUCATION/ATHLETICS AND CHARACTER DEVELOPMENT; - PREPARING STUDENTS FOR HIGHER EDUCATION BY DEVELOPING PERSONAL RESPONSIBILITY FOR STUDY SKILLS, CRITICAL THINKING, AND LIFE-LONG LEARNING; - ADMITTING AND RETAINING STUDENTS WHO ARE CAPABLE OF MEETING OUR HIGH ACADEMIC AND BEHAVIORAL EXPECTATIONS SO THAT ALL STUDENTS ARE ENRICHED; - PROVIDING OPPORTUNITIES FOR THE DEVELOPMENT OF LEADERSHIP QUALITIES; - PROVIDING OPPORTUNITIES FOR STUDENTS TO DISCOVER AND PURSUE THEIR INTERESTS AND TALENTS; - CREATING A NURTURING ENVIRONMENT BY ACTIVELY PROMOTING EMPATHY, MUTUAL RESPECT, AND SERVICE TO OTHERS; - ENCOURAGING WISE DECISION-MAKING SKILLS AND THE ABILITY TO MAKE HEALTHY CHOICES; - PROVIDING OPPORTUNITIES FOR THE DEVELOPMENT OF HEALTHY SELF-ESTEEM BASED ON AUTHENTIC STUDENT ACCOMPLISHMENTS AND ACHIEVEMENTS; - CREATING DIVERSITY OF CULTURE, RELIGION, ETHNICITY AND SOCIO-ECONOMIC BACKGROUND; AND - FOSTERING THE PARTNERSHIP OF FACULTY, ADMINISTRATION, PARENTS AND STUDENTS AS CRUCIAL TO THE ACHIEVEMENT OF MUTUAL GOALS. SCS STUDENTS EXCEL IN STANDARDIZED TESTING WITH MOST CLASSES SCORING IN THE 90TH PERCENTILE OR ABOVE. THEY ARE PREPARED TO EXCEL IN HIGH SCHOOL, IN COLLEGE AND IN LIFE - ACADEMICALLY AND PERSONALLY. THEY LEAVE SCS WITH THE ABILITY TO SOLVE PROBLEMS, BE IMAGINATIVE THINKERS, ENTHUSIASTIC LEARNERS AND ADEPT IN EXPRESSING THEIR INDIVIDUAL POINT OF VIEW. THE ARTS ARE ALSO AN INTEGRAL PART OF THE CURRICULUM - AND DAILY LIFE - AT SCS, BEGINNING WITH PRESCHOOL AND CONTINUING THROUGH MIDDLE SCHOOL. THE SCHOOL'S EXTENSIVE ARTS PROGRAM ENHANCES EACH STUDENT'S INHERENT CREATIVE ABILITIES AND FOSTERS THE ABILITY TO PRESENT THEMSELVES AND THEIR WORK WITH CONFIDENCE. "WORK HARD, PLAY HARD" APTLY DESCRIBES A DAY AT SCS. PHYSICAL EDUCATION AND ATHLETICS ARE AN IMPORTANT PART OF EACH STUDENT'S EXPERIENCE. SCS LEARNING IN DEED IS A SERVICE-LEARNING INITIATIVE THAT ENGAGES STUDENTS FROM PRESCHOOL THROUGH EIGHTH GRADE IN HANDS-ON, MEANINGFUL COMMUNITY SERVICE PROJECTS. SCS LEARNING IN DEED COMBINES SERVICE AND LEARNING OBJECTIVES TO: - MEET REAL, DEFINED NEEDS IN OUR COMMUNITY, - PROMOTE STUDENT REFLECTION, - ACQUIRE VALUES, SKILLS, AND PRACTICAL KNOWLEDGE, AND - BRING TO LIFE CIVIC RESPONSIBILITY WHILE GAINING A DEEPER UNDERSTANDING OF THEMSELVES AND THEIR COMMUNITY. THERE WERE 319 STUDENTS ENROLLED AT SCS FOR THE 2011-12 SCHOOL YEAR. THE GENDER SPLIT IS JUST ABOUT EQUAL ACROSS THE SCHOOL, 52% GIRLS AND 48% BOYS. THE STUDENTS COME FROM COMMUNITIES IN AND AROUND SOUTH BEND SUCH AS GRANGER, MISHAWAKA, ELKHART, GOSHEN, PLYMOUTH AND LAPORTE. AN ATTRIBUTE OF THE SCHOOL THAT AFFECTS THE STUDENT POPULATION IS THE LOYALTY OF THE ALUMNI FAMILIES. FOR EXAMPLE, THERE ARE CURRENTLY OVER 38 STUDENTS AT STANLEY CLARK WHO ARE CHILDREN OF ALUMNI, A TESTAMENT TO THE LIFE IMPACT OF THE SCS EXPERIENCE ON ITS GRADUATES. 4503199 true true false false false false false false true true false false false true true true false true false false false false false true true false false true true true false false false false false false true false false false false false false false false false false false false false true 25 1 true 113 true false false false false false true true false false false false X 19 19 false false true false false false false true true false false false true true true true true true false false IN X ANN M GAZDICK 5742914200 3123 MIAMI STREET South Bend IN 46614 BRAD C BEUTTER 1.00 X X 0 0 0 LESLIE CALLAHAN 1.00 X X 0 0 0 MARK HARMAN 1.00 X X 0 0 0 WILLIAM J SCHMUHL JR 1.00 X X 0 0 0 ALICE COOPER 1.00 X 0 0 0 CONNIE VARGA 1.00 X 0 0 0 ERIC MARION 1.00 X 0 0 0 ERNESTINE M RACLIN 1.00 X 0 0 0 FREDERICK D SCHEEL MD 1.00 X 0 0 0 JANET E THOMPSON 1.00 X 0 0 0 JOHN T AXELBERG 1.00 X 0 0 0 JOYCE F STIFEL 1.00 X 0 0 0 KATHY BREITOWICH DDS 1.00 X 0 0 0 MATT KAHN 1.00 X 0 0 0 MICHAEL GARATONI 1.00 X 0 0 0 MICHAEL KENNEDY 1.00 X 0 0 0 MOLLIE BERNARD 1.00 X 0 0 0 STEPHANIE SCHURZ 1.00 X 0 0 0 VIRGINIA LAKE 1.00 X 0 0 0 ANN M GAZDICK 40.00 X 81122 0 14575 MELISSA GRUBB 40.00 X 153957 0 5106 235079 0 19681 1 false true false 0 301098 1560136 1861234 TUITION 611000 4274370 4274370 7TH AND 8TH GRADE 611710 60786 60786 TRANSPORTATION 611710 70160 70160 EXTENDED DAY 611710 42351 42351 SUMMER PROGRAMS 611710 5836 5836 2255 2255 0 0 4455758 187484 187484 0 0 17451 17451 0 17451 17451 9032429 8804412 228017 0 228017 228017 18048 301098 100899 -82851 -82851 15400 6800 8600 8600 0 MISCELLANEOUS 900099 8883 8883 BAD DEBT RECOVERY 900099 42000 42000 0 0 0 0 50883 6726576 4497758 0 367584 0 735510 735510 0 0 271770 75862 195908 0 2079889 1840970 139164 99755 41768 36043 3115 2610 276720 260846 15622 252 167055 130785 28746 7524 0 4651 4651 32850 32850 0 0 27166 27166 82553 66951 15602 28719 28719 71866 31354 38735 1777 17650 17650 0 223507 217842 5665 0 0 0 215884 215884 0 525092 525092 43584 4495 39089 BAD DEBT EXPENSE 40000 40000 EDUCATIONAL EXPENSES 223501 213501 10000 VEHICLE MAINTENANCE 77375 77375 PROFESSIONAL DEVELOPMENT AND RECRUITING 78528 47315 31213 36348 5724 23382 7242 5301986 4503199 639627 159160 0 435772 577929 856025 1307814 1636447 1346063 30199 72220 68787 63378 13040613 8131453 5312674 4909160 7169386 8250802 0 0 0 0 206966 204815 15716256 16732181 252900 268905 857833 817263 3915000 3760000 29087 72282 247962 135838 5302782 5054288 X 4583241 4799687 4443052 5491025 1387181 1387181 10413474 11677893 15716256 16732181 X 1424590 -160171 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4130942 3935 24704 163000 3996581 3637155 5300 618393 129906 4130942 2843890 655675 281952 0 144362 3637155 3952782 2390 -393035 0 718247 0 2843890 0.55340 0.34710 0.09950 false false 339527 339527 11396841 7112297 4284544 271941 191802 80139 1032304 827354 204950 0 4909160 0 INTEREST RATE SWAP AGREEMENT 71497 OTHER LIABILITIES 64341 135838 6726576 5301986 1424590 -288517 128346 -160171 1264419 5788258 -288517 128346 -160171 5948429 778147 778147 6726576 4523839 0 0 4523839 778147 778147 5301986 Intended uses of endowment funds Schedule D, Part V, Line 4 THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO SUPPLEMENT THE SCHOOL'S OPERATIONS, I.E. COMPENSATION, FINANCIAL AID, PROFESSIONAL DEVELOPMENT, ETC. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE SCHOOL IS EXEMPT FROM INCOME TAXES ON INCOME FROM RELATED ACTIVITIES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING STATE TAX LAW. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. U.S. GAAP REQUIRES THAT A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. DUE TO ITS TAX-EXEMPT STATUS, THE SCHOOL IS NOT GENERALLY SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. THE SCHOOL'S FORM 990 HAS NOT BEEN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE STATE OF INDIANA FOR THE LAST THREE YEARS. THE SCHOOL DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE OVER THE NEXT 12 MONTHS. THE SCHOOL RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE SCHOOL DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2012 AND 2011. true true true true true true true false false false false false false false false false true KALEIDOSCOPE 290349 272661 17688 75102 ART FOR THE MIND 28797 28437 360 25797 0 0 0 319146 301098 18048 0 0 0 0 0 100899 100899 -82851 15400 5000 1800 true 0.8 15400 0 5000 0 1800 6800 8600 IN true false false false 0 1 ANN GAZDICK 3123 MIAMI STREET SOUTH BEND IN 46614 false ANN GAZDICK 81122 OBTAINING LICENSE, FILING REPORTS, ETC PERCENTAGE OF GAMING ACTIVITY OPERATED IN AN OUTSIDE FACILITY SCHEDULE G, PART III, LINE 13B THE ORGANIZATION'S GAMING ACTIVITIES ARE CONDUCTED IN CONJUNCTION WITH ONE OF THE FUNDRAISING EVENTS, WHICH WAS HELD AT THE HILTON GARDEN INN. true FINANCIAL AID/TUITION ASSISTANCE 101 735510 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 FINANCIAL APPLICATIONS AND TAX FORM 1040, INCLUDING SUPPLEMENTAL SCHEDULES, ARE REQUIRED FROM ALL STUDENTS REQUESTING ASSISTANCE. THE HEAD OF SCHOOL AND BUSINESS MANAGER (ADMINISTRATION) REVIEW AND APPROVE ALL AWARD ALLOCATIONS. ALL FUNDS ARE CREDITED TO THE STUDENTS' ACCOUNTS TO ENSURE PROPER USE. X true true X X X X false false false false false false false true false MELISSA GRUBB 146457 0 5000 0 2500 0 3299 0 1807 0 159063 0 0 0 Discretionary spending account Schedule J, Part I, Line 1a THERE IS A DISCRETIONARY SPENDING ACCOUNT FOR THE HEAD OF SCHOOL FOR BUSINESS USE ONLY. COPIES OF ALL RECEIPTS MUST BE PROVIDED IN ORDER TO BE REIMBURSED, AND ALL EXPENSE REIMBURSEMENTS MUST BE APPROVED BY THE BOARD CHAIRMAN. Non-fixed payments Schedule J, Part I, Line 7 DURING 2011, THE HEAD OF SCHOOL RECEIVED A DISCRETIONARY BONUS IN THE AMOUNT OF $5,000. THE BONUS AMOUNT WAS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. CITY OF SOUTH BEND INDIANA 356001201 836520FN1 2005-12-08 5000000 FACILITY ADDITIONS/NEW CONSTRUCTION false false false 1240000 0 5087636 0 0 0 100867 2232 0 4984537 0 0 2007 false false true true false false false false 0.0000 0.0000 0.0000 true false true true FIFTH THIRD BANK 7.0 false false false NA false true TOTAL PROCEEDS OF ISSUE PART II, LINE 3 GROSS PROCEEDS - $5,000,000 INVESTMENT EARNINGS ON PROCEEDS - $87,636 SEE PART V SEE PART V 4000 NEED-BASED FINANCIAL ASSISTANCE GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS SCHEDULE L, PART III PER THE IRS INSTRUCTIONS FOR SCHEDULE L, COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. INSTEAD, THESE ORGANIZATIONS MUST GROUP EACH TYPE OF FINANCIAL ASSISTANCE PROVIDED TO INTERESTED PERSONS IN SEPARATE LINES. FOR EACH LINE, THE SCHOOL IS TO REPORT IN COLUMN (C) THE TYPE OF ASSISTANCE AND AGGREGATE DOLLAR AMOUNT OF THAT ASSISTANCE; COLUMNS (A) AND (B) ARE TO BE LEFT BLANK. Delegate broad authority to a committee Form 990, Part VI, Section A, Line 1a THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, AND THE CHAIR OF EACH STANDING COMMITTEE. THE HEAD OF THE SCHOOL, EX-OFFICIO, AND SUCH OTHER TRUSTEES OF THE BOARD AS MAY BE APPOINTED TO THE EXECUTIVE COMMITTEE SHALL BE NON-VOTING FOR THE PURPOSES OF THIS COMMITTEE. A QUORUM OF THE EXECUTIVE COMMITTEE SHALL BE NECESSARY IN ORDER TO TRANSACT BUSINESS. A QUORUM SHALL CONSIST OF A MAJORITY OF THE OFFICERS AND THE CHAIRS OF THE STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO ACT FOR THE BOARD OF TRUSTEES BETWEEN MEETINGS. NONE OF ITS ACTS SHALL CONFLICT WITH ACTION TAKEN BY THE BOARD. EXECUTIVE COMMITTEE ACTIONS SHALL BE REPORTED TO THE BOARD AT ITS NEXT MEETING. THE EXECUTIVE COMMITTEE SHALL PRESENT IN WRITING NOMINATIONS FOR THE COMMITTEE ON TRUSTEES TO THE BOARD OF TRUSTEES AT THE ANNUAL MEETING. Significant changes to organizational documents Form 990, Part VI, Section A, Line 4 THE ORGANIZATION AMENDED ITS BYLAWS TO CHANGE THE COMPOSITION OF THE FOLLOWING COMMITTEES: COMMITTEE ON TRUSTEES, FINANCE COMMITTEE, AND INVESTMENT COMMITTEE. THE AMENDED BYLAWS ALSO CHANGED THE RESPONSIBILITIES OF THE INVESTMENT COMMITTEE. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b A FINAL DRAFT OF THE FORM 990, EXCLUDING SCHEDULE B, IS PRESENTED BY OUR TAX ADVISORS TO THE ORGANIZATION'S FINANCE COMMITTEE. ONCE THE FINANCE COMMITTEE REVIEWS, A FINAL DRAFT (EXCLUDING SCHEDULE B) IS PROVIDED TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY AT A REGULARLY SCHEDULED BOARD MEETING. ONCE REVIEWED AND APPROVED BY THE GOVERNING BODY, IT IS THEN FILED WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY ALL BOARD MEMBERS AND OFFICERS ANNUALLY AND KEPT ON FILE BY THE HEAD OF SCHOOL'S ASSISTANT. THE BOARD CHAIR AND HEAD OF SCHOOL REVIEW THE STATEMENTS FOR POTENTIAL CONFLICTS. IN THE EVENT OF A CONFLICT THE MEMBER DOES NOT PARTICIPATE IN THE DELIBERATIONS OF THE TRANSACTION. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a AN EVALUATION OF THE HEAD OF SCHOOL IS PERFORMED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARABILITY DATA IS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) SALARY COMPARISONS. WRITTEN DOCUMENTATION APPROVING ANY CHANGES IN COMPENSATION IS PERFORMED BY THE BOARD CHAIR. THE HEAD OF SCHOOL'S PERFORMANCE AND 2011/12 FISCAL YEAR SALARY WAS REVIEWED AND APPROVED IN JUNE 2011. IN ADDITION, THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT WAS REVIEWED, APPROVED, AND SIGNED BY THE BOARD CHAIR IN JULY 2012. PROCESS USED TO ESTABLISH COMPENSATION OF OTHER OFFICERS/KEY EMPLOYEES FORM 990, PART VI, LINE 15B AN EVALUATION OF THE BUSINESS MANAGER IS PERFORMED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPARABILITY DATA IS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) SALARY COMPARISONS. WRITTEN DOCUMENTATION APPROVING ANY CHANGES IN COMPENSATION IS PERFORMED BY THE BOARD CHAIR. THE BUSINESS MANAGER'S PERFORMANCE AND 2011/12 FISCAL YEAR SALARY WAS REVIEWED AND APPROVED IN JUNE 2011. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -288517; GAIN ON INTEREST RATE SWAP - 124581; INCREASE IN CSV OF LIFE INSURANCE POLICIES - 3765;