2013-05-15T12:05:53-05:00 2012-06-30 541673769 MITCHELL & CO PC 110 EAST MARKET ST 200 LEESBURG VA 20176 990 2011-07-01 540662863 LOUDOUN COUNTRY DAY SCHOOL INC LOUD 7037773841 20600 RED CEDAR DRIVE LEESBURG VA 20175 E RANDALL HOLLISTER PHD 7037773841 2013-05-14 1 JEFFREY D MITCHELL P00461359 7037774900 2011 2016-02-24 21:20:13Z E RANDALL HOLLISTER PHD 20600 RED CEDAR DRIVE LEESBURG VA 20175 6269678 0 X WWW.LCDS.ORG/ X 1959 VA TO NURTURE EACH STUDENT INTELLECTUALLY, ARTISTICALLY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY. 15 14 99 215 0 0 566837 493102 5090271 5444563 28172 24993 56328 120986 5741608 6083644 0 0 0 0 3541652 3689127 0 0 256652 2968431 2962913 6510083 6652040 -768475 -568396 37470083 37013964 21167236 21259017 16302847 15754947 TO FOSTER THE INTELLECTUAL, EMOTIONAL, AND PHYSICAL GROWTH OF ITS CHILDREN IN A NURTURING ENVIRONMENT WHERE EACH CHILD IS RECOGNIZED AND VALUED. 0 0 5218458 5444563 THE TOTAL EDUCATIONAL PROGRAM AND EXPERIENCE DEVELOPS EACH STUDENT'S INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL, AND PHYSICAL CAPACITIES. THE TOTAL EXPERIENCE PROMOTES INDEPENDENCE, RESPONSIBILITY, A GOOD WORK ETHIC, TEAMWORK, LEADERSHIP, SPORTSMANSHIP, CHARACTER DEVELOPMENT, AND COMMUNITY SERVICE. PROGRAMS THAT OCCUR BEYOND THE REGULAR SCHOOL DAY HOURS OFFER OPPORTUNITIES FOR ENRICHMENT IN ACADEMICS, THE ARTS, AND PHYSICAL EDUCATION, AS WELL AS A SAFE ENVIRONMENT FOR CHILDREN TO BE CARED FOR UNTIL PICKED UP BY THEIR PARENTS. 5218458 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 99 1 0 0 0 0 0 1 1 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X KIMBERLY A MARTINO CPA LOUDOUN COUNTRY DAY SCHOOL 7037773841 20600 RED CEDAR DRIVE LEESBURG VA 20175 X MARK A ROSSI JR 1.00 X X 0 0 0 ROBERT MORAN 1.00 X X 0 0 0 JAMES R MCDERMOTT 1.00 X X 0 0 0 ANTONIO CALABRESE 1.00 X X 0 0 0 TERRE HALL 1.00 X 0 0 0 MELANIE HERMAN 1.00 X 0 0 0 CHRISTOPHER ETESSE 1.00 X 0 0 0 JON FINKELSTEIN 1.00 X 0 0 0 LISA STERN 40.00 X 47734 0 10574 CHRISTINE KALLIVOKAS 1.00 X 0 0 0 TRUDY NIGHTINGALE 1.00 X 0 0 0 DR JILL MCCABE 1.00 X 0 0 0 MICHAEL MILLER 1.00 X 0 0 0 LARRY PARKS 1.00 X 0 0 0 JOANNE THEURICH 1.00 X 0 0 0 E RANDALL HOLLISTER PHD 60.00 X 311000 0 38670 358734 0 49244 1 0 1 0 0 493102 493102 TUITION 611710 4880109 4880109 BLDG USE, ETC 611710 496577 496577 TRANSPORTATION FEE 480000 67877 67877 5444563 24993 24993 350630 186034 164596 164596 MISCELLANEOUS 900099 22240 22240 EXPIRED INCENTIVE PLED 900099 -65850 -65850 -43610 6083644 5444563 0 145979 419796 215314 118968 85514 2639201 2190537 395880 52784 104571 37271 59382 7918 299703 277270 19794 2639 225856 158556 59382 7918 975587 975587 698156 453801 244355 OPERATIONS 447641 447641 INSTRUCTIONAL 406152 406152 GENERAL & ADMIN 379048 279169 99879 FINANCING COSTS 31296 31296 25033 25033 6652040 5218458 1176930 256652 107416 72087 2683596 4083251 2473438 1266150 117705 67272 13610 16605 33905098 3066425 31446668 30838673 612911 665819 10065 4674 4107 37470083 37013964 113170 101882 19585000 19585000 1469066 1572135 21167236 21259017 X 13198828 13626962 2506716 1464426 597303 663559 16302847 15754947 37470083 37013964 X -568396 20496 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 597303 26075 40231 -50 663559 528338 6845 62170 -50 597303 481139 4339 42860 528338 515866 5550 -40226 51 481139 1.00000 0 0 1078285 1078285 29997236 1600962 28396274 1715129 1361388 353741 1114448 104075 1010373 30838673 ENROLLMENT DEPOSITS AND TUITION 1569668 ACCRUED INTEREST EXPENSE 2467 1572135 6083644 6652040 -568396 20496 20496 -547900 6104140 20496 20496 6083644 0 6083644 6652040 0 6652040 0 6652040 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: READING CHAIR - $117,568 DIVERSITY SCHOLARSHIP - $284,707 OTHER ENDOWMENTS - $261,284 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX PROVISIONS THAT WOULD REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 AUCTION 216139 216139 85580 HOT LUNCH PROGRAM 107185 107185 84434 7 27306 27306 16020 350630 350630 186034 186034 164596 X X 1 1 X X X 0 0 0 0 0 0 0 0 0 E RANDALL HOLLISTER PHD 289000 0 0 0 22000 0 11250 0 27420 0 349670 0 0 0 IDA OF LOUDOUN COUNTY VA 521310230 2008-03-26 29700000 TO BUILD NEW SCHOOL AT RED CEDAR 0 0 0 10115000 29700000 1431391 600306 26719276 2010 0 0 1 1 0 0 0 0 1 0 1 1 PNC BANK 30.000000000000 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES AFTER IT IS REVIEWED BY THE FINANCE COMMITTEE, AND BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE POLICY IS DISCUSSED DURING THE BOARD ORIENTATION SESSION, AND AT A MINIMUM OF ONE BOARD MEETING EACH YEAR. TRUSTEES ARE ENCOURAGED TO REPORT POTENTIAL OR ACTUAL CONFLICTS WITHOUT DELAY. EACH TRUSTEE IS REQUIRED TO COMPLETE AND SUBMIT ANNUALLY A RELATED PARTY QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION TASK FORCE REVIEWS COMPENSATION FOR COMPARABLE POSITIONS AMOUNG PEER SCHOOLS, AND SHARES THAT INFORMATION WITH THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONVENES TO REVIEW THE DATA AND RECOMMEND COMPENSATION FOR THE HEADMASTER. THE FULL BOARD OF TRUSTEES VOTES ON THE HEADMASTER'S COMPENSATION. THE HEADMASTER REVIEWS SALARY STUDIES FOR COMPARABLE POSITIONS IN INDEPENDENT SCHOOLS IN SETTING COMPENSATION LEVELS FOR LCDS STAFF AND FACULTY. FORM 990, PART VI, SECTION C, LINE 19 LOUDOUN COUNTRY DAY SCHOOL MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. HEADMASTER'S COMPENSATION FORM 990, PART VII, SECTION A, PART 1A & SCHEDULE J, PART II, COLUMN (E) HEADMASTER'S TOTAL COMPENSATION COMPRISES THE FOLLOWING COMPONENTS TO PROVIDE A COMPENSATION PACKAGE WHICH RECOGNIZES THE SCHOOL'S SUSTAINED SUCCESS AND THE HEADMASTER'S CONTRIBUTIONS TO ITS SUCCESS. THE KEY COMPONENTS INCLUDE BASE SALARY ($225,000), HOUSING ALLOWANCE ($30,000), HIGH SCHOOL TUITION REIMBURSEMENT AND TAX GROSS-UP ($58,362), NONTAXABLE BENEFITS ($27,420) AND RETIREMENT CONTRIBUTION ($11,250). THE HEADMASTER HAS DECLINED TO ACCEPT ANNUAL COST OF LIVING INCREASES TO HIS BASE SALARY SINCE 2008; ALMOST ALL INCREASES IN THE HEADMASTER'S COMPENSATION SINCE 2008 ARE DUE TO TUITION REIMBURSEMENT, WHICH BEGAN WHEN THE HEADMASTER'S CHILDREN ENTERED HIGH SCHOOL AND WILL CONTINUE UNTIL THEY GRADUATE FROM HIGH SCHOOL, AT WHICH TIME SUCH PAYMENTS WILL END. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 20,496. AUDIT OVERSIGHT PART XI LINE 2C THE BOARD OF TRUSTEES APPOINTS THE AUDITOR AND MEETS ANNUALLY WITH THE AUDITOR TO REVIEW THE AUDIT RESULTS AND FINANCIAL REPORT.