2013-01-25T15:35:26-06:00 2012-06-30 521197902 MULLEN SONDBERG WIMBISH & STONE PA 2553 HOUSLEY ROAD SUITE 200 ANNAPOLIS MD 214016751 990 2011-07-01 520967384 INDIAN CREEK SCHOOL INC INDI 4109233660 680 EVERGREEN ROAD CROWNSVILLE MD 21032 RICK BRANSON 4109233660 2013-01-24 1 PATRICK M HANTSKE CPA P00440640 4102244920 2011 2016-02-25 16:41:14Z RICK BRANSON 680 EVERGREEN ROAD CROWNSVILLE MD 21032 15036132 0 X WWW.INDIANCREEKSCHOOL.ORG X 1973 MD INDIAN CREEK SCHOOL PROVIDES AN ACADEMICALLY CHALLENGING, COLLEGE PREPARATORY EDUCATION IN A COLLABORATIVE, NURTURING COMMUNITY FOR STUDENTS WITH A WIDE RANGE OF TALENTS, BACKGROUNDS AND ABILITIES. STUDENTS DEVELOP SELF-WORTH, THE CONFIDENCE TO TAKE INTELLECTUAL RISKS, AN APPRECIATION OF DIVERSITY OF ALL KINDS, AND THE ABILITY TO WORK COOPERATIVELY. STUDENTS BECOME INDEPENDENT, SELF-AWARE LEARNERS READY FOR GLOBAL CITIZENSHIP. 19 18 236 996 0 0 416186 465920 13003620 13931758 -286227 31808 67147 81197 13200726 14510683 1312518 1481821 0 0 8457542 8503002 0 0 0 3646088 3707153 13416148 13691976 -215422 818707 29675792 29453559 18657350 17519931 11018442 11933628 X TO PROVIDE AN ACADEMICALLY CHALLENGING EDUCATION IN A WARM, SUPPORTIVE ENVIRONMENT TO A GROUP OF STUDENTS WITH A WIDE RANGE OF TALENTS AND SKILLS. STUDENTS SHOULD DEVELOP SELF-WORTH, AND AN APPRECIATION OF OTHERS OF DIVERSE CULTURAL, RACIAL AND ETHNIC BACKGROUNDS. TO HELP EACH STUDENT BECOME AN INDEPENDENT LEARNER WITH THE SELF-CONFIDENCE TO TAKE INTELLECTUAL RISKS ALONG THE EDUCATIONAL PATH. 0 0 8745294 13071561 PRIMARY AND SECONDARY EDUCATIONAL INSTRUCTION TO STUDENTS IN PRE-K THROUGH TWELFTH GRADE. 393620 205118 TRANSPORTATION SERVICES PROVIDED FOR STUDENTS TO AND FROM SCHOOL AND SPORTING EVENTS. 363429 376660 CAFETERIA SERVICES PROVIDED FOR STUDENTS OF INDIAN CREEK SCHOOL. 160130 350113 DAYCARE SERVICES PROVIDED FOR STUDENTS BEFORE AND AFTER SCHOOL, PARENT TEACHER ORGANIZATION ACTIVITIES, AND RENTAL OF FACILITIES TO NOT-FOR-PROFIT YOUTH GROUPS. 160130 350113 9662473 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 236 1 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4109233660 680 EVERGREEN ROAD CROWNSVILLE MD 21032 RICK GRINDROD 2.00 X X 0 0 0 KATHY SIMMONS 2.00 X X 0 0 0 GEORGE SHENK 2.00 X X 0 0 0 WILLIAM AUERSWALD 50.00 X X 128121 0 17180 RICK BRANSON 50.00 X X 103727 0 8900 MATTHEW ALSTED 1.00 X 0 0 0 TROY ATKINSON 1.00 X 0 0 0 MICHAEL BALDWIN 1.00 X 0 0 0 DR GREGG BEHLING 1.00 X 0 0 0 HELEN BOTSARIS 1.00 X 0 0 0 JIM DAVIS 1.00 X 0 0 0 DEBBIE FOWLER 1.00 X 0 0 0 MICHAEL JOHANSEN 1.00 X 0 0 0 AB KRALL 1.00 X 0 0 0 MIKE LAHOWIN 1.00 X 0 0 0 DR KAREN GONZALEZ 1.00 X 0 0 0 CHRIS MANNIX 1.00 X 0 0 0 DR SUZANNE NIEMELA 1.00 X 0 0 0 MARK PELAVIN 1.00 X 0 0 0 TERRY SINDLER 1.00 X 0 0 0 JONATHAN STEELE 1.00 X 0 0 0 ROBERT WELLS 1.00 X 0 0 0 LILA LOHR 50.00 X 124419 0 2779 356267 0 28859 3 1 0 0 GARRISON CATERING 11115 REISTERSTOWN ROAD OWINGS MILLS MD 21117 CATERING SERVICES 193078 ART & SCIENCE GROUP LLC 6115 FALLS ROAD BALTIMORE MD 21209 CONSULTING SERVICES 146478 2 55916 410004 465920 TUITION AND RELATED FE 611600 13071561 13071561 CAFETERIA 611710 376660 376660 STUDENT TRANSPORTATION 611710 205118 205118 SUMMER CAMP 611710 155395 155395 DAYCARE 611710 123024 123024 13931758 94575 94575 390817 453372 212 -62555 -212 -62767 -62767 37297 55916 43919 -6622 -6622 44071 27946 16125 16125 MISCELLANEOUS 900099 71694 71694 71694 14510683 14003452 0 41311 1481821 1481821 257928 58851 199077 6526015 4285970 2240045 180586 115808 64778 1009044 640550 368494 529429 340519 188910 30225 30225 17756 17756 474022 237739 236283 48512 48512 55505 13776 41729 267364 211145 56219 59900 59900 551842 441474 110368 737115 589692 147423 64771 48578 16193 STUDENT ACTIVITIES / PR 346212 346212 CAFETERIA FOOD AND SUPP 306170 306170 TEXTS, TESTING AND SUPP 172998 172998 BAD DEBTS 134188 134188 440573 311270 129303 13691976 9662473 4029503 0 3273534 2627559 37854 21881 179442 276586 92652 49926 13661 9330 204175 279747 28125431 6499721 21719139 21625710 3990519 4404801 164816 158019 29675792 29453559 728248 746537 2435728 1781573 14620000 14260000 129450 79989 743924 651832 18657350 17519931 X 9161460 10086593 1813146 1802949 43836 44086 11018442 11933628 29675792 29453559 X 818707 96479 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 48958 250 109 277 49040 43764 5489 295 48958 38515 500 5030 281 43764 41941 1050 -4236 240 38515 0.89900 0.10100 0 0 1934136 1934136 21786691 3709048 18077643 1805989 805007 1000982 2553733 1962666 591067 44882 23000 21882 21625710 CERTIFICATES OF DEPOSIT 467190 F CORPORATE BONDS 1252470 F US BONDS 892137 F MUTUAL FUNDS 217154 F STOCKS 1218568 F MONEY MARKET FUNDS 357282 F 4404801 INTEREST RATE SWAP LIABILITY 651832 651832 14510683 13691976 818707 -13272 17659 92092 96479 915186 13105114 -13272 17659 71865 76252 13028862 1481821 1481821 14510683 12282020 71865 71865 12210155 1481821 1481821 13691976 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: FINANCIAL AID GRANTS TO STUDENTS DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL FOLLOWS THE GUIDANCE OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENTS, INCLUDING THOSE OF NON-PROFIT ORGANIZATIONS. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE SCHOOLSS FINANCIAL STATEMENTS. THE SCHOOL ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501(C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE ORGANIZATION DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE SCHOOLS FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 92,092. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS NETTED AGAINST REVENUE 27,946. FUNDRAISING EXPENSES NETTED AGAINST REVENUE 43,919. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,481,821. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COGS NETTED AGAINST REVENUE 27,946. FUNDRAISING EXPENSES NETTED AGAINST REVENUE 43,919. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,481,821. 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 IS STATED IN ADVERTISEMENTS AND ADMISSION MATERIALS. CREEKFEST 33799 15900 17899 23756 GOLF TOURNAMENT 41723 27416 14307 15767 1 17691 12600 5091 4396 93213 55916 37297 43919 43919 -6622 1 TUITION SCHOLARSHIPS 180 1481821 TUITION FEE SCHEDULE TUITION SCHOLARSHIPS X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 LILA LOHR 124419 0 0 0 0 0 0 0 2779 0 127198 0 0 0 PART I, LINE 1A SHORT TERM DISABILITY AND DISCRETIONARY SPENDING ACCOUNT PROVIDED FOR HEAD OF SCHOOL. MD HEALTH AND HIGHER EDUCATION FACILITIES 2010-09-15 14915000 LOWER SCHOOL AND UPPER SCHOOL BUILDING CONSTRUCTION 0 0 0 14915000 14915000 2007 0 0 0 0 0 0 0 0 1 0 1 1 TD BANK NA 5.000000000000 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B EXECUTIVE COMMITTEE DOES NOT KEEP MINUTES. BY-LAWS STATE EXECUTIVE COMMITTEE CAN ACT ON THE BOARD OF TRUSTEE'S BEHALF. BOARD MINUTES ARE KEPT FOR BOARD OF TRUSTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS AND APPROVES THE 990 BEFORE IT IS FILED. THE FINANCE COMMITTEE SUMMARIZES THE CONTENTS OF 990 AND PRESENTS THE 990 TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY TRUSTEES AND KEY EMPLOYEES AND THE BOARD SECRETARY REVIEWS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPARABLE SALARY SURVEY DATA FOR SIMILAR EDUCATION INSTITUTIONS (AIMS). FORM 990, PART VI, SECTION C, LINE 18 FORM 1023, 990, AND 990-T ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -13,272. DONATED SERVICES AND USE OF FACILITIES: 17,659. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 92,092. TOTAL TO FORM 990, PART XI, LINE 5: 96,479. FINANCIAL STATEMENTS AND REPORTING PART XII LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE SELECTION OF THE INDEPENDENT AUDITOR AND OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.