2013-05-07T09:02:49-05:00 2012-06-30 061325235 Dylewsky Goldberg & Brenner LLC 30 Oak Street Stamford CT 06905 990 2011-07-01 134013334 Carmel Academy CARM 2038639663 270 Lake Ave Greenwich CT 068304518 Nora Anderson 2038639663 2013-05-07 1 Scott M Brenner P01247233 2039758830 2013-05-07 2011 2016-02-25 16:41:14Z Nora Anderson 270 Lake Ave Greenwich CT 068304518 8599117 0 X www.carmelacademy.com X 1997 NY Carmel Academy provides a meaningful Jewish day school experience for all children. 25 25 124 100 0 0 4601713 2415374 4899451 5461482 0 0 634226 722261 10135390 8599117 1585403 1232946 0 0 5462202 5632880 0 0 403715 3754394 2871485 10801999 9737311 -666609 -1138194 29437512 28655780 16928094 17284556 12509418 11371224 X Carmel Academy is an educational institution that stretches each child's intellect and creativity; that is passionate about Jewish identity and values; that is committed to the betterment of our world and a strong bond with the State of Israel. Our faculty models it ... our students live it. 0 0 7643367 1232946 6183743 Carmel Academy is a forward-thinking private school for children of all Jewish affiliations, offering each of its students an exceptional, challenging and creative educational experience from kindergarten through eighth grade. Accredited with distinction by the Connecticut Association of Independent Schools, Carmel Academy's multi-disciplinary educational approach encourages its students to make connections between the classroom and the world. Experienced, passionate master teachers bring the school's educational philosophy to life, instilling creativity, critical thinking and a joy of learning in each student. With the benefits of a low student-teacher ratio and a dynamic, differentiated learning environment, students master the knowledge essential to continue on to the finest secondary schools, as well as to think critically and in a broader scope. The school's expert educational leadership designed Carmel Academy's dual curriculum from the ground up - incorporating only the highest in national standards - to integrate general and Judaic knowledge throughout the day. Set on a beautiful, historic 17-acre campus in Greenwich, CT, Carmel Academy is equipped with the infrastructure and technology to make it an unrivaled 21st century educational institution. With its central Greenwich location, Carmel attracts students throughout Fairfield and Westchester Counties, as well Riverdale and Manhattan. The school offers state-of-the-art laboratory and computer resources, as well as award winning enrichment programs to foster excellence in science, technology, engineering and mathematics (STEM). Children enjoy a wide-array of extracurricular activities and interscholastic team sports.As part of Carmel Academy's commitment to providing a meaningful Jewish day school experience for all children, the school offers a special education program for children with language-based learning disabilities. PALS (Providing Alternative Learning Strategies) gives children with special needs the tools to maximize their academic potential, while at the same time affording them the myriad benefits of a Jewish education.Carmel Academy provides an excellent foundation for long-term academic success, while fostering a deep love and connection to a common Jewish identity through history and culture, prayer and text, Zionism and Hebrew as a modern, living language. 7643367 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 X 46 0 1 124 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X The Organization 2038639663 270 Lake Ave Greenwich CT 068304518 Gloria Bieler 1.00 X 0 0 0 Adam Chill 1.00 X 0 0 0 Sari Dweck 1.00 X 0 0 0 Ivan Horak 1.00 X 0 0 0 Martin Flashner 1.00 X 0 0 0 Eric Goldschmidt 1.00 X 0 0 0 Richard Lund 1.00 X 0 0 0 Cynthia Lyon-Marinstein 1.00 X 0 0 0 Jeffrey Maron 1.00 X 0 0 0 Evan Levy 1.00 X 0 0 0 Doreen Nusbaum 1.00 X 0 0 0 Walter Primoff 1.00 X 0 0 0 Stuart Roth 1.00 X 0 0 0 Sheldon Pang 1.00 X 0 0 0 Christopher Young 1.00 X 0 0 0 Jonathan Malkin 1.00 X 0 0 0 Yale Paprin 1.00 X 0 0 0 Noah Yechiely 1.00 X 0 0 0 Guy Levy 1.00 X 0 0 0 Robye Margolius 1.00 X 0 0 0 Beth Boyer 8.00 X 0 0 0 Pam Feldstein 8.00 X 0 0 0 Barbara Jacobs 8.00 X 0 0 0 Adam Safer 8.00 X 0 0 0 David Messer 8.00 X 0 0 0 Nora Anderson 40.00 X 125253 0 51986 Bobbie Powers 40.00 X 138639 0 0 Seth Young 40.00 X 114520 0 15456 Sue Einhorn 40.00 X 113962 0 4927 492374 0 72369 4 0 1 0 0 135950 2279424 2415374 Student tuition & fees 611600 5263849 5263849 Other Programs 611600 197633 197633 5461482 722261 0 722261 722261 722261 8599117 6183743 0 0 1232946 1232946 146064 118772 22065 5227 4489736 3650818 678251 160667 152547 103737 32709 16101 518111 462310 54634 1167 326422 261935 53278 11209 16500 16500 34186 34186 89786 89786 268335 138772 129563 100437 100437 9564 9564 254166 206675 38396 9095 969508 788353 146461 34694 123255 123255 Repairs & Maintenance 536994 436655 81122 19217 Auxiliary Services 304758 247813 46039 10906 Instructional 150780 122606 22778 5396 Miscellaneous 13216 10747 1996 473 9737311 7643367 1690229 403715 407666 1711847 797620 5071 827174 379738 195619 47093 39335 22223 31402892 4941579 27158858 26461313 11240 28495 29437512 28655780 626018 573013 703559 693000 11000000 11980000 4000000 4000000 598517 38543 16928094 17284556 X 12460018 11322224 49400 49000 12509418 11371224 29437512 28655780 -1138194 0 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6230568 6230568 23603846 3642196 19961650 1189724 956971 232753 378754 342412 36342 26461313 Deferred Camp Revenue 38543 38543 8599117 9737311 -1138194 -1138194 8733846 134729 134729 8599117 0 8599117 9872040 134729 134729 9737311 0 9737311 Description of Uncertain Tax Positions Under FIN 48: Part X: The School evaluates all significant tax positions as required by accounting principles generally accepted in the United States of America. As of June 30, 2012, the School does not believe that it has taken any positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next year. The School is no longer subject to audits by the applicable taxing authorities for the period prior to 2009. 1 1 0 0 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 The academy is a Jewish day school and primarily publicizes in the Jewish community. It has a non-discriminatory policy and there are minority Jewish students that apply and attend. Explanation of Document Retention Schedule E, Part I, Line 4 We don't maintain a complete or accurate record of racial composition of the student body. We do not track or record ethnicity for faculty or staff. 1 Need based financial aid 141 1232946 Assistance decisions are guided by financial data submitted by parents to the Director of Finance and Operations. This financial information, along with the names of families who ultimately receive tuition assistance, is kept confidential and not shared with any member of the Carmel Academy community. Tuition assistance is awarded annually and for one year at a time. X X X 0 0 0 0 0 0 0 0 0 Nora Anderson 125253 0 0 0 0 0 8840 0 43146 0 177239 0 0 0 Conduit Foundation To purchase the campus at 270 Lake Ave X 11000000 11980000 0 1 1 11980000 132360 Financial Assistance Skadden Arps Employee of S.A. is a board member 134729 In-Kind Legal services 0 Explanation for Not Filing Form 990-T Form 990, Part V, line 3b All fees and other reported income by the organization were generated by and for the organization's primary exempt purpose and are therefore not subject to unrelated business income tax. Form 990, Part VI, Section B, line 11 The audit committee reviews the form 990 and supplies its comments. Once the return is final the organization provides the governing body with a copy of the form 990 prior to it being filed with the IRS. Form 990, Part VI, Section B, line 12c Each board member signs a conflict of interest statement annually. Form 990, Part VI, Section B, line 15 Comparable data from local schools is given to the board executive committee annually for review. Form 990, Part VI, Section C, line 19 The organization makes its form 990 available on guidestar.org. In addition, the governing documents, conflict of interest policy, financial statements and form 990 are available upon request. Oversight of the audit and selection of independent accountant Form 990, Part XII, Line 2C Carmel Academy has an audit committee that assumes the responsibility for overseeing the audit. This process has not changed from previous years.