2013-05-10T13:22:40-05:00 2012-06-30 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 40507 990 2011-07-01 610563291 LEXINGTON SCHOOL INC LEXI 8592780501 1050 LANE ALLEN ROAD LEXINGTON KY 40504 ROBERT K THOMPSON 8592780501 2013-05-10 1 KRING RAY FARLEY RIDDLE PSC P00067109 8592310541 2011 2016-02-24 21:20:13Z ROBERT K THOMPSON 1050 LANE ALLEN ROAD LEXINGTON KY 40504 12752275 0 X WWW.THELEXINGTONSCHOOL.ORG X 1959 KY EDUCATION 24 24 195 150 0 0 2202134 1299242 9257369 10008158 465159 723583 245501 265654 12170163 12296637 1380248 1614046 0 0 6002118 6445370 0 0 108359 3489419 3631765 10871785 11691181 1298378 605456 39259635 41221875 10294650 10656740 28964985 30565135 PROVIDE AN EDUCATION OF THE HIGHEST QUALITY TO STUDENTS IN PRESCHOOL THROUGH MIDDLE SCHOOL. IN A STRUCTURED, NURTURING ENVIRONMENT, THE LEXINGTON SCHOOL SEEKS TO INSTILL INTEGRITY, A LIFE-LONG ENTHUSIASM FOR LEARNING, AND A STRONG WORK ETHIC. 0 0 8285398 1614046 10237602 EDUCATIONAL ACTIVITIES - 548 STUDENTS ENROLLED 8285398 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 195 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X ROBERT THOMPSON 8592780501 1050 LANE ALLEN ROAD LEXINGTON KY 40504 ROBERT A BREWER 3.00 X X 0 0 0 SUSAN O'BRIEN 3.00 X X 0 0 0 MARGARET GRAVES 3.00 X X 0 0 0 DUDLEY WEBB 3.00 X X 0 0 0 CRAIG BANDOROFF 3.00 X 0 0 0 ANTHANY BEATTY 3.00 X 0 0 0 ANGELA BECK 3.00 X 0 0 0 SONJA FEIST-PRICE 3.00 X 0 0 0 PATRICK MADDEN 3.00 X 0 0 0 MOLLY STRASSNER 3.00 X 0 0 0 JOHN TALBOTT 3.00 X 0 0 0 JOSEPHINE E ABERCROMBIE 3.00 X 0 0 0 MRS JOHN A BELL III 3.00 X 0 0 0 ROBERT M BREWER 3.00 X 0 0 0 JAMES G KENAN 3.00 X 0 0 0 BETTY KENAN 3.00 X 0 0 0 WILLIAM YOUNG 3.00 X 0 0 0 BARBARA YOUNG 3.00 X 0 0 0 ROGER BEAN 3.00 X 0 0 0 BRUCE M BELIN 3.00 X 0 0 0 ROBERT L BRATTON 3.00 X 0 0 0 BRUTUS CLAY IV 3.00 X 0 0 0 MARNIE HOLOUBEK 3.00 X 0 0 0 THOMAS W MILLER 3.00 X 0 0 0 MELANIE SIMPSON 3.00 X 0 0 0 TRACY STURGILL 3.00 X 0 0 0 NANCY GRIMES 3.00 X 0 0 0 CHRIS BOWLING 3.00 X 0 0 0 LUCY BARROW CALHOUN 3.00 X 0 0 0 SHAZIA IQBAL 3.00 X 0 0 0 ANGIE THOMAS 3.00 X 0 0 0 WOODFORD WEBB 3.00 X 0 0 0 CHRIS YOUNG 3.00 X 0 0 0 CHUCK BALDECCI 40.00 X 291332 0 100115 UNA MCCARTHY 40.00 X 131068 0 16530 ROBERT K THOMPSON 40.00 X 132139 0 23033 554539 0 139678 3 0 1 0 FRANTZ 852 FLOYD DR LEXINGTON KY 40505 HVAC SERVICES 623123 LEXINGTON GLASS CO 1096 W HIGH ST LEXINGTON KY 40508 WINDOW SERVICES 135571 2 1299242 12153 1299242 TUITION AND FEES 611600 9401952 9401952 EDUCATIONAL PROGRAMS 611710 375241 375241 STUDENT ACTIVITIES 611710 230965 230965 10008158 516852 516852 593295 386564 206731 206731 206731 312015 69074 242941 242941 MISCELLANEOUS 611600 22713 22713 22713 12296637 10237602 0 759793 1614046 1614046 744732 516633 228099 4415341 3065140 1350201 289658 201374 88284 630861 438583 192278 364778 253599 111179 26126 26126 25163 25163 13835 13835 12917 12917 167081 44445 14277 108359 187410 104266 83144 341806 341806 7148 7148 133464 115364 18100 307437 307437 743125 743125 99339 99339 STUDENT ACTIVITIES 851124 851124 LUNCH ROOM EXPENSE 255249 255249 UTILITES 214968 214968 ADMISSIONS EXPENSE 51663 51663 193910 30787 163123 11691181 8285398 3297424 108359 12873 16296 3811730 3694262 4258938 3300778 101588 169055 28995 14237 182775 316180 21699876 8394277 12779971 13305599 17813554 14568096 5559450 266211 274922 3000 3000 39259635 41221875 914341 1037495 1029399 1072175 7025342 6564311 1300000 1800000 25568 182759 10294650 10656740 X 8633457 13892829 5738666 1865903 14592862 14806403 28964985 30565135 39259635 41221875 X 605456 994694 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18079765 1323772 1709876 710945 20402468 14386873 1342446 3457224 -1106778 18079765 11455535 1996210 1513996 -578868 14386873 14184607 3278029 -1950911 -4056190 11455535 0.34580 0.59120 0.06300 1 0 444638 444638 18698247 6372721 12325526 2556991 2021556 535435 13305599 BERKSHIRE HATHAWAY INC CL A 2249010 F JOHNSON & JOHNSON 3310440 F 5559450 OBLIGATION UNDER CAPITAL LEASE 182759 182759 12296637 11691181 605456 994694 994694 1600150 13360405 994694 69074 1063768 12296637 0 12296637 11760255 69074 69074 11691181 0 11691181 PART V, LINE 4: EARNINGS FROM ENDOWMENT FUNDS ARE USED TO OFFSET COSTS OF EDUCATIONAL PROGRAMS PART XII, LINE 2D AND PART XIII, LINE 2D: GENERAL FUNDRAISING EXPENSES NOT APPLICABLE TO SPECIAL EVENTS 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 POLICY INCLUDED AS INTEGRAL PART OF ALL PROMOTIONAL BROCHURES AND ADVERTISING RELATING TO ADMISSIONS IN LOCAL MEDIA CELEBRATION 312015 312015 69074 312015 312015 69074 69074 242941 1 FINANCIAL AID FOR TUITION 115 1614046 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SCHOOL MAKES FUNDS AVAILABLE ON AN ANNUAL BASIS TO ASSIST PARENTS WHO DEMONSTRATE NEED IN MEETING THE COST OF AN INDEPENDENT SCHOOL EDUCATION. AFTER FILING AN ADMISSION APPLICATION WITH THE SCHOOL, FAMILIES MAY REQUEST A FINANCIAL AID APPLICATION WHICH REQUIRES THEM TO PROVIDE FINANCIAL INFORMATION TO BE CONSIDERED IN AWARDING AID. THE APPLICATION FOR FINANCIAL AID IS MAILED TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID FOR PROCESSING. THE SERVICE EVALUATES THE DATA PROVIDED AND FURNISHES THE SCHOOL WITH AN ESTIMATE OF ACTUAL NEED. THE SCHOOL USES THIS ESTIMATE IN DETERMINING THE AMOUNT OF AID TO BE PROVIDED. FINANCIAL AID IS AWARDED WITHOUT REGARD TO RACE, COLOR, RELIGION, NATIONAL OR ETHNIC ORIGIN. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 CHUCK BALDECCI 273752 0 0 0 17580 0 49404 0 50711 0 391447 0 0 0 ROBERT K THOMPSON 132139 0 0 0 0 0 13269 0 9764 0 155172 0 0 0 PART I, LINE 1A TRAVEL AND EXPENSES FOR SPOUSE OF HEADMASTER TO ATTEND NATIONAL EDUCATION CONFERENCE IS PAID BY THE SCHOOL. CONFERENCE ORGANIZERS ENCOURAGE ATTENDANCE BY SPOUSES AND INCLUDE SPECIFIC ACTIVITIES FOR THEM DURING REGULAR SESSIONS. ADDITIONAL COSTS FOR SPOUSE TO ATTEND ARE INCLUDED AS TAXABLE COMPENSATION TO THE HEADMASTER. SMALL DISCRETIONARY SPENDING ACCOUNT FOR HEADMASTER IS INCLUDED AS PART OF ANNUAL BUDGET OF SCHOOL AND APPROVED BY THE BOARD OF TRUSTEES. ACCOUNT IS TO BE USED FOR EDUCATION RELATED EXPENSES. PART I, LINE 4B CHUCK BALDECCI, $35,700 COMMITTEE MEMBERS FINANCIAL AID COMMITTEE MEMBERS 47760 TUITION REMISSION OFFICERS OFFICERS 34295 TUITION REMISSION X 6 FMV--HIGH/LOW METHOD X 1 FMV X PLAYGRND EQUIPT 1 FMV X CNCRT TICKETS 1 FMV X GIFT CARDS 4 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 THERE ARE TWO SETS OF SIBLINGS ON THE BOARD, AS WELL AS A FATHER AND SON RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A BOARD OF TRUSTEES HAS A NOMINATING COMMITTEE WHICH INTERVIEWS THOSE INTERESTED IN JOINING THE BOARD. NOMINATING COMMITTEE RECOMMENDS NEW MEMBERS TO THE BOARD OF TRUSTEES FOR VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH REVIEWING THE FORM 990 EXTENSIVELY. ONCE APPROVED BY THE FINANCE COMMITTEE, FORM 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO THE FILING. SHOULD THE FINANCE COMMITTEE AND/OR BOARD OF TRUSTEES NOT BE ABLE TO CONVENE A MEETING PRIOR TO THE FILING DEADLINE, THE EXECUTIVE COMMITTEE IS AUTHORIZED TO REVIEW THE FORM 990 AND APPROVE FOR FILING. THE FINANCE COMMITTEE WILL PERFORM IS REVIEW AT THEIR NEXT REGULARLY SCHEDULED MEETING AND THEN PRESENT FORM 990 TO THE BOARD OF TRUSTEES AT THEIR NEXT REGULARLY SCHEDULED MEETING. SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS NOT AVAILABLE FOR REVIEW BEYOND THE EXECUTIVE COMMITTEE LEVEL. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO SIGN WRITTEN DISCLOSURE STATEMENT CONCERNING ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. DIRECTORS ARE REQUIRED TO NOTIFY TRUSTEES IF CIRCUMSTANCES CHANGE DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION COMMITTEE REVIEWS PROPOSED CONTRACTS FOR KEY EMPLOYEES INCLUDING COMPARING CONTRACT TERMS WITH OTHER COMPENSATION ARRANGEMENTS FOR SIMILAR POSITIONS IN OTHER INDEPENDENT SCHOOLS IN THE AREA. COMMITTEE PROPOSES CONTRACT TERMS TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S POLICY IS TO MAKE APPLICATION FOR TAX EXEMPTION AS WELL AS FORM 990 AVAILABLE FOR PUBLIC INSPECTION IN THE SCHOOL'S BUSINESS OFFICE DURING REGULAR HOURS OF OPERATION. DOCUMENTS ARE PROVIDED FOR REVIEW UPON WRITTEN REQUEST. FORM 990, SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS NOT AVAILABLE FOR REVIEW BEYOND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 994,694. REVIEW AND APPROVAL OF AUDITED FINANCIAL STATEMENTS FORM 990, PART XI, LINE 2C THE PROCESS OF REVIEWING AND APPROVING AUDITED FINANCIAL STATEMENTS BY THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES HAS NOT CHANGED FROM PRIOR YEARS.