2013-01-23T14:46:31-06:00 2012-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2011-07-01 131635261 TREVOR DAY SCHOOL TREV 2124263300 11 EAST 89TH STREET NEW YORK NY 10128 WILLIAM F TRUFFA 2124263300 2013-01-18 1 FREDERICK H ROTHMAN P01275277 2128674000 2011 2016-03-07 17:11:31Z WILLIAM F TRUFFA 11 EAST 89TH STREET NEW YORK NY 10128 39740937 0 X WWW.TREVOR.ORG X 1932 NY TO OPERATE AN INDEPENDENT DAY SCHOOL FOR NURSERY THROUGH 12TH GRADE. 25 19 226 200 0 0 6655549 4750689 27743053 30866159 766654 100156 101286 72865 35266542 35789869 3731500 4004420 0 0 17685069 18745992 0 0 779319 7384941 7521758 28801510 30272170 6465032 5517699 99691282 156669905 41369724 95621910 58321558 61047995 X TREVOR DAY SCHOOL BUILDS AN ACTIVITY-BASED SETTING TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. IN 2012 THE SCHOOL SERVED 835 STUDENTS ON ITS THREE CAMPUSES - THE EARLY CHILDHOOD DIVISION AT 11 EAST 89TH STREET, THE ELEMENTARY DIVSION AT 4 EAST 90TH STREET, AND THE MIDDLE AND HIGH SCHOOL DIVSIONS AT 1 WEST 88TH STREET. 0 0 24209941 4004420 30939024 PROVIDED EDUCATIONAL AN ACTIVITY-BASED SETTING IN ORDER TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE COEDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. IN 2012 THE SCHOOL SERVED 835 STUDENTS ON ITS THREE CAMPUSES. 24209941 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 27 0 226 1 0 0 0 0 0 1 1 0 0 0 0 X 25 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X NICHOLAS ROBERTSHAW 2124263331 566 COLUMBUS AVENUE NEW YORK NY 10024 SALLY A ROCKER 10.00 X X 0 0 0 MARY KAY COYLE 2.00 X X 0 0 0 ANDREW GORDON 2.00 X X 0 0 0 RAYMOND J IWANOWSKI 2.00 X X 0 0 0 PAMELA J CLARKE 40.00 X X 395274 0 93461 HARVEY BERGER 2.00 X 0 0 0 GEORGE C BIDDLE 2.00 X 0 0 0 DAVID BLOOM 2.00 X 0 0 0 REVEREND JAMES L BURNS 2.00 X 0 0 0 DERRICK CEPHAS 2.00 X 0 0 0 VALERIE FITCH 2.00 X 0 0 0 JOSEPH GROMEK 2.00 X 0 0 0 ANNE HAUBENSTRICKER 2.00 X 0 0 0 JANE HOFFMAN 2.00 X 0 0 0 GLENN MARKMAN 2.00 X 0 0 0 MARIA MONET MARKOWITZ 2.00 X 0 0 0 DAVID S NELSON 2.00 X 0 0 0 ANN O'CONNOR 2.00 X 0 0 0 OLAF OLAFSSON 2.00 X 0 0 0 POOJITHA RAO 2.00 X 0 0 0 LAUREL SKARBINSKI 2.00 X 0 0 0 KATHERINE STATON 2.00 X 0 0 0 ELIZABETH B STRICKLER 2.00 X 0 0 0 ALEXIS STRONGIN 2.00 X 0 0 0 MERRYL SNOW ZEGAR 2.00 X 0 0 0 WILLIAM F TRUFFA 40.00 X 201022 0 11145 PATRICIA PARK 40.00 X 159540 0 32454 LISA ALBERTI 40.00 X 139344 0 25748 KATELIN ROBERTS 40.00 X 132271 0 30517 CHRIS SEELEY 40.00 X 138125 0 30256 DANIEL FEIGIN 40.00 X 125810 0 33517 1291386 0 257098 7 0 1 0 PETER GISOLFI ASSOCIATES 566 WARBURTON AVENUE HASTINGS ON HUDSON NY 10706 ARCHITECTURE 1424381 VVA LLC 117 EAST 31ST STREET NEW YORK NY 10016 OWNERS REP (CONSTRUCTION) 234777 LANGAN ENGINEERING 360 WEST 31ST STREET 8TH FL NEW YORK NY 10001 ENGINEERS 220651 JEFFRE JORDAN 124 S CENTRAL AVE ELMSFORD NY 10523 ARCHITECTURE 203256 SCHULTE ROTH AND ZABEL LLP 919 3RD AVENUE NEW YORK NY 10022 LEGAL 188031 5 253455 4497234 428048 4750689 SCHOOL TUITION & FEES 611600 29759710 29759710 AUXILIARY 900099 832399 832399 EDUCATION AND GENERAL 611600 274050 274050 30866159 345940 345940 93457 93457 0 0 3611827 3857611 -245784 -245784 -245784 OTHER INCOME 900099 72865 72865 72865 35789869 30939024 0 100156 4004420 4004420 846798 220386 328132 298280 14496560 12133250 2110291 253019 766084 497511 261937 6636 1536835 1320508 190491 25836 1099715 916497 148049 35169 114380 114380 43800 43800 361343 342431 18912 2538615 1538970 880777 118868 278081 278081 1128495 945216 150778 32501 291757 278308 11851 1598 25220 2712 18913 3595 48031 48031 755478 581718 173760 284467 284467 FOOD 475169 475169 PROFESSIONAL DEVELOPMEN 232279 232279 ALTERNATIVE EDUCATION E 113454 113454 BAD DEBT 71218 71218 759971 535894 220260 3817 30272170 24209941 5282910 779319 454 553 35766363 55497555 782362 60463 59725 151843 288745 286226 80582513 14801622 50801865 65780891 9428701 32925381 2563067 1966993 99691282 156669905 2081148 3750127 11043540 11602447 3245036 65500000 12500000 25000000 0 2269336 41369724 95621910 X 45841237 48727235 3762212 3451744 8718109 8869016 58321558 61047995 99691282 156669905 X 5517699 -2791262 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17370781 150907 -387792 12883896 14987100 165623 2218058 17370781 8632831 5247743 1319786 213260 14987100 10604585 -112000 -1813123 46631 8632831 0.08000 0.69000 0.23000 0 0 27040768 27040768 30363044 12942499 17420545 1830195 1827844 2351 21348506 31279 21317227 65780891 SWAP PAYABLE 2269336 2269336 35789869 30272170 5517699 -290940 -2500322 -2791262 2726437 31587966 -290940 93457 -197483 31785449 4004420 4004420 35789869 26361207 93457 93457 26267750 4004420 4004420 30272170 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: FACULTY SUPPORT, FINANCIAL AID AND OTHER SCHOOL PROGRAMS DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SWAP AGREEMENT -2,269,336. WRITE OFF OF FIXED ASSETS -230,986. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,500,322. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 93,457. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,004,420. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 93,457. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,004,420. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 FULL PAGE ADVERTISEMENT IS TAKEN OUT ANNUALY IN METRO NEW YORK BY ISAAGNY (INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK). TREVOR DAY SCHOOL IS A MEMBER OF ISAAGNY AND NAMED IN THE ADVERTISEMENT. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 MANDATED SERVICES MONIES FROM NYS BOARD OF EDUCATION. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 1029192 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 933645 0 0 0 0 0 0 1962837 0 1962837 0 0 0 0 0 0 1 FINANCIAL AID 146 4004420 FINANCIAL AID GIVEN TO 153 STUDENTS. FINANCIAL AID IS PROVIDED TO QUALIFIED FAMILIES THAT ARE UNABLE TO PAY FULL TUITION. AWARDS ARE BASED ON A PERCENTAGE OF TUITION. CONSEQUENTLY, THE AMOUNT OF FINANCIAL AID GIVEN EACH YEAR CAN VARY A LOT. IN ORDER TO QUALIFY FOR FINANCIAL AID, A FAMILY MUST SUBMIT AN ANNUAL PERSONAL FINANCIAL STATEMENT TO SCHOOL AND STUDENT SERVICES BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, WHICH TREVOR DAY SCHOOL USES TO DETERMINE EACH INDIVIDUAL'S AID. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 PAMELA J CLARKE 390370 0 0 0 4904 0 29170 0 64291 0 488735 0 0 0 WILLIAM F TRUFFA 198678 0 0 0 2344 0 10726 0 419 0 212167 0 0 0 PATRICIA PARK 157757 0 0 0 1783 0 22127 0 10327 0 191994 0 0 0 LISA ALBERTI 138828 0 0 0 516 0 8587 0 17161 0 165092 0 0 0 KATELIN ROBERTS 130855 0 0 0 1416 0 8608 0 21909 0 162788 0 0 0 CHRIS SEELEY 138024 0 0 0 101 0 8794 0 21462 0 168381 0 0 0 DANIEL FEIGIN 125714 0 0 0 96 0 8052 0 25465 0 159327 0 0 0 SUPPLEMENTAL INFORMATION PART III PART I, LINE 1A: PAMELA J. CLARKE RECEIVED EMPLOYER-PROVIDED HOUSING IN THE AMOUNT OF $50,000. THE VALUE OF THE HOUSING WAS NONTAXABLE PURSUANT TO THE CONVENIENCE PROVISION IN INTERNAL REVENUE CODE SECTION 119 DORMITORY AUTHORITY - STATE OF NEW YORK 146000293 2011-07-29 65500000 PART VI 0 0 0 65963511 650471 1310000 8803863 25000000 30199176 2014 1 0 0 1 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 1 SEE PART VI 0 0 0 0 1 PART I, LINE A, COLUMN (F) CONSTRUCT FACILITY & REFUND TAXABLE LOAN PART II, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. PART IV, COLUMN A, LINE 3B SWAP 1: RBS CITIZENS, N.A., SWAP 2: RBS PART IV, COLUMN A, LINE 3C SWAP 1: 7.0, SWAP 2: 2.9 FRIENDS OF TREVOR DAY LLC X 12500000 12500000 0 1 1 12500000 PART II FRIENDS OF TREVOR DAY, LLC IS OWNED BY 5 PARTNERS, MARK GALLOGLY, WES EDENS, JOSEPH GROMEK, RAY IWANAWSKI, AND DAVID BLOOM, ALL OF WHOM ARE EITHER TRUSTEES OR SPOUSES OF TRUSTEES. X 10 420498 COMPARABLE SALE 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE AMOUNT REPRESENTS THE NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD WITH THE EXCEPTION OF SCHEDULE B, IN CONFORMITY WITH THE BOARD'S DESIRE TO MAINTAIN THE CONFIDENTIALITY OF THE INFORMATION CONTAINED THEREIN. THE FULL BOARD IS GIVEN THE OPTION OF RECEIVING THIS INFORMATION, UPON THEIR REQUEST. EACH TRUSTEE WILL REVIEW A DRAFT OF THE 990 FOR COMMENTS. THESE COMMENTS WILL BE REVIEWED AND ACTED ON PRIOR TO FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF POTENTIAL OR ACTUAL CONFLICT: THE COMMITTEE ON TRUSTEES SHALL REVIEW INITIALLY AND ANNUALLY ALL TRANSACTIONS THAT MAY ARISE OR DO EXIST BETWEEN THE SCHOOL AND INDIVIDUALS WITH ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. NO OFFICER OF THE SCHOOL OR MEMBER OF THE BOARD OF TRUSTEES WHO HAS SUCH AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHALL PARTICIPATE IN THE COMMITTEE'S REVIEW OF ANY SUCH TRANSACTION. THE COMMITTEE ON TRUSTEES SHALL TRANSMIT ITS RECOMMENDATIONS CONCERNING THE APPROPRIATENESS OF ANY SUCH TRANSACTIONS TO THE FULL BOARD OF TRUSTEES, WHICH SHALL DETERMINE WHETHER OR NOT TO PROCEED WITH SUCH TRANSACTION. DISCLOSURE: UPON ADOPTION OF THIS CONFLICT OF INTEREST POLICY, ALL OFFICERS AND TRUSTEES SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FURTHER PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. SUBSEQUENTLY ELECTED TRUSTEES AND OFFICERS SUBSEQUENTLY APPOINTED SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FIRST PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. DISCLOSURE FORMS SHALL BE UPDATED ANNUALLY, OR SOONER, IF CHANGED CIRCUMSTANCES REQUIRE DISCLOSURE. IN ADDITION, PERSONS SUBJECT TO THIS POLICY ARE EXPECTED TO UPDATE THE DISCLOSURE FORM AT ANY TIME DURING THE YEAR THAT THE INFORMATION REQUESTED ON THE FORM CHANGES. DISCLOSURES SHOULD BE SUBMITTED TO THE CHAIR, COMMITTEE ON TRUSTEES, WHO WILL BE THE CONFLICT OF INTEREST OFFICER, AND WILL ADMINISTER THIS POLICY. ACTUAL OR POTENTIAL CONFLICTS OF A MATERIAL NATURE SHALL BE REPORTED TO THE BUSINESS OFFICE OF THE SCHOOL. THE CHAIR OF THE COMMITTEE ON TRUSTEES IS CHARGED WITH ADMINISTERING ANY CONFLICTS OF INTEREST WHICH ARISE FROM THE BOARD FILLING OUT THE STATEMENT FORM. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE HEAD OF SCHOOL IS BASED ON AN AMENDED FOUR YEAR EMPLOYMENT CONTRACT, EFFECTIVE JULY 2010, AND RUNNING THROUGH JUNE 30, 2014 THE SALARY IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD, SUBJECT TO FULL BOARD APPROVAL, AFTER RESEARCHING COMPARATIVE DATA OF HEADS OF SCHOOLS COMPENSATION AS PREPARED BY INDUSTRY ASSOCIATIONS SUCH AS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). THE SALARY OF THE HEAD IS FURTHER REVIEWED FORMALLY, ON A YEAR TO YEAR BASIS, ON THE BASIS OF THE BOARD'S EXPECTATIONS AND OVERALL PERFORMANCE OF THE HEAD. FORM 990, PART VI, SECTION C, LINE 18 FORMS 1023 AND 990 ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE CHIEF FINANCIAL OFFICER AT THE SCHOOL'S ADDRESS LISTED ON THE FIRST PAGE OF THIS FILING. FORM 990, PART VI, SECTION C, LINE 19 TREVOR DAY SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -290,940. CHANGE IN VALUE OF SWAP AGREEMENT -2,269,336. WRITE OFF OF FIXED ASSETS -230,986. TOTAL TO FORM 990, PART XI, LINE 5: -2,791,262. TDS ACQUISITION LLC 1 WEST 88TH STREET NEW YORK NY 10024 205991000 HOLDING OF REAL ESTATE PURCHASE, UNTIL OCCUPIED BY UPPER SCHOOL NY 0 0 N/A