2013-02-14T12:48:14-06:00 2012-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2011-07-01 133862529 ETHICAL CULTURE FIELDSTON SCHOOL % MICHAEL HWANG CFO ETHI 2127126236 33 CENTRAL PARK WEST NEW YORK NY 100236001 MICHAEL HUANG 2013-02-11 true JULIE FLOCH 2129498700 2011 2016-02-25 16:41:14Z MICHAEL HWANG 33 CENTRAL PARK WEST NEW YORK NY 10023 76019479 false X www.ecfs.org X 1878 NY PROVIDES EDUCATION FOR CHILDREN IN PRE-KINDERGARTEN THROUGH THE TWELFTH GRADE. 28 27 752 71 0 7229126 7006768 62664503 65988313 2660969 581915 0 0 72554598 73576996 9929230 10349531 0 0 40890074 45009747 0 0 1595947 23984239 23381129 74803543 78740407 -2248945 -5163411 194998807 186578788 76489308 77005461 118509499 109573327 PROVIDES EDUCATION FOR CHILDREN IN PRE-KINDERGARTEN THROUGH THE TWELFTH GRADE. false false 59304590 10349531 65988313 EDUCATIONAL INSTRUCTION FOR APPROXIMATELY 1700 STUDENTS IN VARIOUS CLASSES FROM PRE-KINDERGARTEN THROUGH THE TWELFTH GRADE. 59304590 true true false false false false false false false true true true false false false true true false true false true false false false true false false false true true true false false false false false false false false false false true false false false false true false false false false true 119 0 true 752 true false false false false false true true false false false false X 28 27 false false false false false false false true true false false false true true true true true true true false X MICHAEL HWANG CFO 2127126236 33 CENTRAL PARK WEST NEW YORK NY 10023 LAURA JACOBS BLANKFEIN 2.0 X X 0 0 TRACY CHUTORIAN SEMLER 2.0 X X 0 0 ROBERT PRUZAN 2.0 X X 0 0 PAUL SCHNELL 2.0 X X 0 0 JOHN BERES 2.0 X 0 0 BRAD WECHSLER 2.0 X 0 0 ADELE LOGAN ALEXANDER 2.0 X 0 0 JOHNSON NASH 2.0 X 0 0 CARSON GLEBERMAN 2.0 X 0 0 LESLEY FIELD 2.0 X 0 0 ANDRA MILLER 2.0 X 0 0 MICHAEL NOTT 2.0 X 0 0 ANNE ACKERLEY 2.0 X 0 0 LIEF ROSENBLATT 2.0 X 0 0 PHYLLIS HARRISON ROSS 2.0 X 0 0 MEG CHAPMAN 2.0 X 0 0 MARCY KENYON 2.0 X 0 0 ANTONIO MAGLIOCCO JR 2.0 X 0 0 PAUL MASON 2.0 X 0 0 ROBERT MONTERA 2.0 X 0 0 MARGRET MUNZER LOEB 2.0 X 0 0 CARLINE SAMSON 2.0 X 0 0 JONATHAN MAY 2.0 X 0 0 RICHARD FIELDS 2.0 X 0 0 JOHN FEINGOLD 2.0 X 0 0 RICHARD RIEGER 2.0 X 0 0 0 CHARLES GUERRERO 2.0 X 0 0 ANNE KLAEYSON 2.0 X 0 0 DAMIAN FERNANDEZ 40.0 X X 233595 0 112420 ANDREA SHKANE 40.0 X 205536 0 6625 MICHAEL HWANG 40.0 X 198385 0 56809 ANN CLARKE 40.0 X 288330 0 119570 GEORGE BURNS 40.0 X 212848 0 45412 JOHN LOVE 40.0 X 206008 0 38048 WHITNEY POLLACK 40.0 X 206714 0 31224 TAISHA THOMPSON 40.0 X 185156 0 55994 EUGENE KIVLAN 40.0 X 160227 0 33890 ROSEMARIE BUZZEO 40.0 X 147462 0 32334 KATE REYNOLDS 40.0 X 149598 0 17518 JOYCE EVANS 40.0 X 205975 0 26000 2399834 0 575844 102 true true false BUILDING MAINTENANCE SERVICE LLC PO BOX 26032 NEW YORK NY 10087 MAINTENANCE 3122543 CHARTWELLS C/O BANK OF AMERICA 91337 COLLECTIO CHICAGO IL 60693 CATERING 2320551 MULLIGAN SECURITY 11 PENN PLAZA NEW YORK NY 10001 SECURITY 1141442 SHULTE ROTH ZABEL 919 THIRD AVENUE NEW YORK NY 10022 LEGAL 202156 ED LOWE PO BOX 1015 RIVERDALE NY 10471 TRANSPORTATION 187478 7 286138 486752 6233878 252313 7006768 TUITION INCOME 611710 64026378 64026378 FEES 621110 247096 247096 FIELDSTON OUTDOORS 611710 1071759 1071759 DRIVERS EDUCATION 611710 24475 24475 AFTERSCHOOL PROGRAMS 611710 450847 450847 167758 167758 65988313 1667173 1667173 0 0 1256564 2341822 -1085258 -1085258 -1085258 100661 286138 100661 0 0 0 0 73576996 65988313 581915 0 10349531 10349531 0 0 443362 364345 67646 11371 0 31728858 26074085 4841021 813752 2466213 2026680 376282 63251 8126255 6650604 1247323 228328 2245059 1845439 343494 56126 0 451133 451133 98450 98450 0 0 87191 87191 5297883 289962 4946525 61396 541598 61153 328733 151712 1906480 834866 1048320 23294 294961 74025 220936 0 1436372 35141 1401231 384606 321248 57437 5921 0 58667 34434 24233 1568800 1568800 0 5843837 5843837 257413 257413 FOOD SERVICE 2401601 2321097 80504 FACULTY DEVELOPMENT 194480 192713 1767 SPECIAL PURPOSE 1808406 1681987 46198 80221 MISCELLANEOUS 293296 87318 186123 19855 455955 216125 159110 80720 78740407 59304590 17839870 1595947 5370 5520 28698090 26530510 3745328 2567453 492811 579860 0 0 0 0 0 0 0 0 367982 163647 130339125 48332807 86614464 82006318 55208259 55519834 11523086 11061968 0 0 0 0 8343417 8143678 194998807 186578788 15416199 21646638 0 0 27013109 21643460 34060000 33715363 0 0 0 0 0 0 0 0 0 0 76489308 77005461 X 47392760 39937710 42862033 41393677 28254706 28241940 118509499 109573327 194998807 186578788 X -5163411 -3772761 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55799372 267921 -147519 2837542 53082232 25867809 24289919 8361080 2719436 55799372 25076654 204850 586305 25867809 26307508 610997 -1841851 25076654 0.05400 0.41900 0.52700 false false 130000 130000 120578354 41861345 78717009 7440817 6245348 1195469 2189954 226114 1963840 82006318 HEDGE FUNDS 11003222 F PRIVATE EQUITY 58746 F 11061968 0 0 73576996 78740407 -5163411 -223026 -3549735 -3772761 -8936172 62636513 -223026 -280735 -503761 63140274 87191 10349531 10436722 73576996 71572685 3269000 3269000 68303685 87191 10349531 10436722 78740407 ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE SCHOOL'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, CONSISTING OF DONOR RESTRICTED AND BOARD RESTRICTED FUNDS. THE PURPOSE OF THESE FUNDS IS TO GENERATE INCOME TO SUPPORT SCHOLARSHIPS, FACULTY SUPPORT AND FACILITY MAINTENANCE. ASC 740 SCHEDULE D, PART X, LINE 2 The School follows the provisions of Accounting Standards Codification ("ASC") Topic 740-10-05 relating to accounting and reporting for uncertainty in income taxes. Because of the School's general tax-exempt status, the adoption of ASC 740-10-05 has not had, and is not expected to have, a material impact on the School's financial statements. OTHER RECONCILING ITEMS SCHEDULE D, PART XI, LINE 8 THE FOLLOWING ARE OTHER RECONCILING ITEMS OF THE CHANGE IN NET ASSETS FROM FORM 990 TO THE AUDITED FINANCIAL STATEMENTS: UNREALIZED LOSS ON PERPETUAL TRUST $(280,735) POST RETIREMENT PLAN RELATED CHANGES OTHER THAN PERIODIC COSTS $(3,269,000) TOTAL $(3,549,735) UNREALIZED LOSS ON PERPETUAL TRUST SCHEDULE D, PART XII, LINE 2D UNREALIZED LOSS OF $280,735 ON BENEFICIAL INTEREST IN PERPETUAL TRUST NOT REFLECTED IN EARNINGS FOR TAX PURPOSES. FINANCIAL AID SCHEDULE D, PART XII, LINE 4B AND PART XIII, LINE 4B FINANCIAL AID OF $10,349,531 IS NETTED AGAINST REVENUE PER AUDITED FINANCIAL STATEMENTS, INCLUDED IN EXPENSES PER RETURN. POST RETIREMENT BENEFITS - RELATED CHANGES OTHER THAN PERIODIC COSTS SCHEDULE D, PART XIII, LINE 2D RELATED CHANGES OF $3,269,000 OTHER THAN PERIODIC COSTS NOT REFLECTED IN EXPENSES FOR TAX PURPOSES. true true true true true true true false false false false false false false false true false true RACIALLY NON-DISCRIMINATION POLICY SCHEDULE E, PART I, #3 THE POLICY IS MADE AVAILABLE THROUGH NEWSPAPER ADVERTISEMENT AND SCHOOL PUBLICATIONS WHICH MAY BE INSPECTED AT THE SCHOOL'S LOCATION. ASSISTANCE FROM GOVERNMENT AGENCY SCHEDULE E, PART I, #6A ASSISTANCE FROM NEW YORK STATE PERTAINING TO STUDENTS DAILY ATTENDENCE. Central America and the Caribbean Investments 11003322 11003322 11003322 false false false false false false GIVING TREE 143054 71828 71226 71226 AUCTION 243745 214310 29435 29435 0 386799 286138 100661 100661 100661 true FINANCIAL AID-STUDENTS 358 10349531 FMV TUITION AID PROCEDURES FOR ADMINISTERING SCHOLARSHIPS SCHEDULE I, PART 1, QUESTION 2 The School is committed to need-based tuition assistance and utilizes the School and Student Services for Financial Aid ("SSS") services, which assists independent schools in determining the financial aid need. All families are required to fill out THE SSS form and provide required documentation. The Report for Family Contribution ("RFC") is sent to the School from SSS, which provides A general recommendation on A family's ability to pay for education. All of these items are reviewed and the financial aid committee approves and determines the final aid amount for the students. X X true true X X X false false false false false false false false false DAMIAN FERNANDEZ 233595 0 0 0 0 0 0 0 112420 0 346015 0 0 0 JOYCE EVANS 205975 0 0 0 0 0 0 0 26000 0 231975 0 0 0 ANN CLARKE 288330 0 0 0 0 0 42976 0 76594 0 407900 0 0 0 GEORGE BURNS 212848 0 0 0 0 0 22157 0 23255 0 258260 0 0 0 JOHN LOVE 206008 0 0 0 0 0 21260 0 16788 0 244056 0 0 0 ANDREA SHKANE 205536 0 0 0 0 0 5425 0 1200 0 212161 0 0 0 WHITNEY POLLACK 206714 0 0 0 0 0 14452 0 16772 0 237938 0 0 0 MICHAEL HWANG 198385 0 0 0 0 0 20800 0 36009 0 255194 0 0 0 TAISHA THOMPSON 185156 0 0 0 0 0 20000 0 35994 0 241150 0 0 0 EUGENE KIVLAN 160227 0 0 0 0 0 16551 0 17339 0 194117 0 0 0 ROSEMARIE BUZZEO 147462 0 0 0 0 0 15810 0 16524 0 179796 0 0 0 KATE REYNOLDS 149598 0 0 0 0 0 15600 0 1918 0 167116 0 0 0 HEAD OF SCHOOL EXPENSES FORM 990, SCHEDULE J, PART I, 1A The Head of School is provided with housing at the Directors Residence at Fieldston and a vehicle for business use. The housing allowance is based on the rental rates in the neighboring areas and allocated to the personal living spaces, as the Directors Residence is used for meetings and other functions throughout the year. THE HEAD OF SCHOOL IS ALSO PROVIDED A DISCRETIONARY ACCOUNT FOR APPROVED SCHOOL RELATED PURPOSES SUCH AS MEETINGS AND OTHER FUNCTIONS THROUGOUT THE YEAR. NYC IDA BONDS SERIES B-1 132906040 64971C4W1 2005-06-09 16595000 TO FINANCE CONSTRUCTION false false false NYC IDA BONDS SERIES B-2 132906040 64971C4W1 2005-06-09 15000000 TO FINANCE CONSTRUCTION false false false NYC IDA BONDS SERIES B-3 132906040 64971C4V3 2005-06-09 10000000 TO FINANCE CONSTRUCTION false false false 6610000 0 16595000 0 0 0 491332 0 0 0 0 0 2008 false false true true 850000 0 15000000 0 0 0 268105 0 0 0 0 0 2008 false false true true 420000 0 10000000 0 0 0 178736 0 0 0 0 0 2008 false false true true false false false false 0.00000 0.00000 0.00000 true false false false false 0.00000 0.00000 0.00000 true false false false false 0.00000 0.00000 0.00000 true false false false 0 false false false 0 false false false false false 0 false false false 0 false false false false false 0 false false false 0 false false X 28 252313 FMV false true false GOVERNANCE, MANAGEMENT AND DISCLOSURES FORM 990, PART VI SECTION A, QUESTION 11 The Form 990 is reviewed by management, including the School's Head of School and CFO, and submitted to the Audit and Finance Committee for their review. Upon the review from the Audit and Finance Committees, the Form 990 is recommended and presented to the Executive Committee of the Board for its approval. SECTION A, QUESTIONS 12C TRUSTEES AND PROFESSIONAL STAFF ARE REQUIRED TO ATTEST ANNUALLY TO THEIR FAMILIARITY WITH THE SCHOOL'S POLICIES AND PROVIDE INFORMATION CONCERNING ANY POSSIBLE CONFLICTS OF INTEREST. SECTION B, QUESTIONS 15A & 15B The salary for the Head of School is determined by the Board of Trustees, which is based on the comparable data from search agencies, salaries of comparable Heads of School, and the relative experience of the candidate. After the candidate is retained, the total compensation package is reviewed and approved by the Board of Trustees. The salaries for other key employees are determined by the Head of School based on the qualification of the candidate, comparable salaries and market rate, and approved by the Board of Trustees during budget process. SECTION C, QUESTIONS 18 & 19 THE SCHOOL MAKES ITS FORM 990 AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTERESTS POLICY ARE DISTRIBUTED INTERNALLY AND ARE NOT MADE AVAILABLE TO THE PUBLIC. 990 PART XI, QUESTION 5 OTHER CHANGES IN NET ASSETS REPRESENTS THE FOLLOWING: UNREALIZED LOSSES ON INVESTMENTS $(223,026) UNREALIZED LOSS ON PERPETUAL TRUST $(280,735) POST RETIREMENT PLAN RELATED CHANGES OTHER THAN PERIODIC COSTS $(3,269,000) --------- TOTAL $(3,772,761) EXTENSION OF TIME TO FILE FORM 8868 APPLICATION FOR EXTENSION OF TIME TO FILE FOR AN EXEMPT ORGANIZATION WAS FILED ELECTRONICALLY. ECF MIDTOWN SCHOOL SUPPORTING ORG 33 CENTRAL PARK WEST NEW YORK NY 10023 133873705 SUPPORT ORG. NY 501(C)(3) 509(A)(3) NA false SOC OF ETHICAL CULTURE IN THE CITY OF NY 2 WEST 64TH STREET NEW YORK NY 10023 131624186 CHURCH NY 501(C)(3) 509(A)(1) NA false false false false false false false false false false true false false false false false false false false