2012-03-02T16:29:38-06:00 2011-06-30 MULLEN SONDBERG WIMBISH & STONE PA 2553 HOUSLEY ROAD SUITE 200 ANNAPOLIS MD 214016751 990 2010-07-01 520967384 INDIAN CREEK SCHOOL INC INDI 4109233660 680 EVERGREEN ROAD CROWNSVILLE MD 21032 RICK GRINDROD 4109233660 2012-03-01 1 PATRICK M HANTSKE CPA 4102244920 2010 2016-02-24 21:20:13Z RICK GRINDROD 680 EVERGREEN ROAD CROWNSVILLE MD 21032 15479129 0 X WWW.INDIANCREEKSCHOOL.COM X 1973 MD PRIVATELY FUNDED SCHOOL FOR STUDENTS IN PRE-K THROUGH GRADE TWELVE. 20 20 236 580 0 0 355300 416186 12655014 13003620 665579 -286227 1905 67147 13677798 13200726 1220491 1312518 0 0 8637680 8457542 0 0 0 3675968 3646088 13534139 13416148 143659 -215422 29363303 29675792 18863542 18657350 10499761 11018442 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 8640177 12445807 PRIMARY AND SECONDARY EDUCATIONAL INSTRUCTION TO STUDENTS IN PRE-K THROUGH TWELFTH GRADE. 304075 182398 TRANSPORTATION SERVICES PROVIDED FOR STUDENTS TO AND FROM SCHOOL AND SPORTING EVENTS. 327874 315663 CAFETERIA SERVICES PROVIDED FOR STUDENTS OF INDIAN CREEK SCHOOL. 127239 122316 DAYCARE SERVICES PROVIDED FOR STUDENTS FOR BEFORE AND AFTER SHOOL CARE. 127239 122316 9399365 1 1 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 236 1 0 0 0 0 0 0 0 0 X 20 20 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 LILA LOHR 50.00 X X X 124446 0 6397 TERRY SWARTZ 25.00 X X 36787 0 0 GEORGE SHENK 2.00 X X 0 0 0 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 AMY MACDONALD 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 JUDI SINGLETARY 1.00 X 0 0 0 VICTORIA SMITH 1.00 X 0 0 0 ROBERT WELLS 1.00 X 0 0 0 WILLIAM AUERSWALD 50.00 X X X 126518 0 21640 RICK WHEELER 1.00 X 0 0 0 ANNE CHAMBERS 50.00 X X 115076 0 11316 402827 0 39353 3 0 0 0 GARRISON CATERING 11115 REISTERSTOWN ROAD OWINGS MILLS MD 21117 CATERING SERVICES 167504 1 118952 297234 416186 TUITION AND RELATED FE 611600 12262578 12262578 CAFETERIA 611710 315663 315663 STUDENT TRANSPORTATION 611710 182398 182398 DAYCARE 611710 122316 122316 SUMMER CAMP 611710 120665 120665 13003620 131553 131553 1647843 2065230 393 -417387 -393 -417780 -417780 113832 118952 132585 -18753 -18753 103531 80195 23336 23336 MISCELLANEOUS 900099 62564 62564 62564 13200726 13066184 0 -281644 1312518 1312518 442180 126392 315788 6473756 4275556 2198200 87452 59255 28197 931597 591742 339855 522557 333647 188910 23984 23984 37815 37815 276387 226032 50355 121670 121670 42805 12222 30583 338462 259042 79420 36937 36937 55848 41886 13962 582961 466369 116592 931370 745096 186274 55067 41300 13767 STUDENT ACTIVITIES/PROG 306941 306941 CAFETERIA FOOD/SUPPLIES 258365 258365 REPAIRS/MAINTENANCE 203885 171197 32688 BAD DEBTS 127281 127281 TEXTS/TESTING/SUPPLIES 125822 125822 120488 9046 111442 13416148 9399365 4016783 0 2574225 3273534 107603 37854 248040 179442 30769 92652 13078 13661 74959 204175 27531204 5812065 22318977 21719139 3773423 3990519 222229 164816 29363303 29675792 626904 728248 2614204 2435728 14681212 14620000 176038 129450 765184 743924 18863542 18657350 X 8797630 9161460 1658295 1813146 43836 43836 10499761 11018442 29363303 29675792 X -215422 734103 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43764 0 5489 295 48958 38515 500 5030 281 43764 41941 1050 -4236 240 38515 0.90000 0.10000 0 0 1934136 1934136 21713090 3292423 18420667 1472105 687297 784808 2388873 1809345 579528 23000 23000 0 21719139 CERTIFICATES OF DEPOSIT 361157 F CORPORATE BONDS 1096711 F US BONDS 818836 F MUTUAL FUNDS 927700 F STOCKS 455285 F MONEY MARKET FUNDS 330830 F 3990519 INTEREST RATE SWAP LIABILITY 743924 743924 13200726 13416148 -215422 712843 21260 734103 518681 12813831 712843 212780 925623 11888208 1312518 1312518 13200726 12316410 212780 212780 12103630 1312518 1312518 13416148 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, 2008 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 21,260. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE 132,585. COGS NETTED AGAINST REVENUE 80,195. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,312,518. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE 132,585. COGS NETTED AGAINST REVENUE 80,195. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,312,518. 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. FALL FESTIVAL 32849 13900 18949 22389 GOLF TOURNAMENT 45198 31397 13801 22047 112807 73655 39152 40355 190854 118952 71902 84791 84791 -12889 1 TUITION SCHOLARSHIPS 160 1312518 TUITION FEE SCHEDULE TUITION SCHOLARSHIPS X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 PART I, LINE 1A SHORT TERM DISABILITY AND DISCRETIONARY SPENDING ACCOUNT PROVIDED FOR HEAD OF SCHOOL. HOUSING ALLOWANCE PAID TO INTERIM 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 GAINS ON INVESTMENTS: 712,843. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 21,260. TOTAL TO FORM 990, PART XI, LINE 5: 734,103. FINANCIAL STATEMENT AUDIT FORM 990 PART XII LINE 2C BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.