2012-11-08T07:15:43-06:00 2012-06-30 510380493 WHEELER WOLFENDEN & DWARES PA 4550 NEW LINDEN HILL ROAD SUITE 201 WILMINGTON DE 19808 990 2011-07-01 510071443 THE TATNALL SCHOOL INC TATN 3029982292 1501 BARLEY MILL ROAD WILMINGTON DE 19807 PAULA HAGER 3029982292 2012-11-06 1 DAVID M WOLFENDEN CPA CVA MS P00054438 3022548240 2011 2016-02-24 21:20:13Z PAULA HAGER 1501 BARLEY MILL ROAD WILMINGTON DE 19807 23546572 0 X WWW.TATNALL.ORG X 1930 DE INDEPENDENT PRIVATE SCHOOL FOR STUDENTS IN NURSERY THROUGH TWELFTH GRADE 19 19 259 100 0 0 934924 1077409 13775838 14621600 454208 449885 18999 18712 15183969 16167606 0 0 0 0 9157874 9328238 0 0 105510 7082446 7361303 16240320 16689541 -1056351 -521935 51282485 49918678 3259921 3333958 48022564 46584720 X OUR MISSION IS TO PROVIDE OUR STUDENTS WITH AN EXCELLENT COLLEGE PREPARATORY EDUCATION IN A FAMILY ATMOSPHERE. AT TATNALL, A CARING FACULTY CREATES AN ENVIRONMENT WHICH NURTURES CURIOSITY AND ENCOURAGES STUDENTS TO GROW IN MATURITY AND SELF-ESTEEM. IN THEIR CONCERN FOR THE TOTAL INDIVIDUAL, OUR FACULTY RECOGNIZES AND RESPECTS EACH STUDENT'S UNIQUE INTELLECTUAL, EMOTIONAL, SOCIAL, PHYSICAL, AND SPIRITUAL NEEDS AND GIFTS. A TATNALL GRADUATE IS PREPARED TO SUCCEED AS A COLLEGE OR UNIVERSITY STUDENT AND TO ASSUME THE IMPORTANT ROLE OF A RESPONSIBLE MEMBER OF SOCIETY IN ALL ITS DIVERSITY. 0 0 12122797 14640312 THE ORGANIZATION CONDUCTS AN EDUCATIONAL INSTITUTION WHICH IS COEDUCATIONAL FOR 666 STUDENTS FROM NURSERY SCHOOL THROUGH TWELFTH GRADE. 12122797 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 18 0 1 259 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X X THE ORGANIZATION 3029982292 1501 BARLEY MILL ROAD WILMINGTON DE 19807 PETER ATWATER 1.00 X 0 0 0 BRIAN CARNEY 1.00 X 0 0 0 THOMAS FERRY 1.00 X X 0 0 0 KATHY FISCHER 1.00 X X 0 0 0 LINDA GILLIAM 1.00 X 0 0 0 MARK HURD 1.00 X 0 0 0 CYNTHIA HEWITT 1.00 X 0 0 0 CAROLINE BROWN LINTNER 1.00 X 0 0 0 ELIZABETH D MARON 1.00 X 0 0 0 STEPHEN MARVIN 1.00 X X 0 0 0 FRANK MC KELVEY 1.00 X 0 0 0 MARY LU PAMM 1.00 X 0 0 0 BROOKS PIERCE 1.00 X 0 0 0 THOMAS PRESTON 1.00 X 0 0 0 WENDY OWEN 1.00 X 0 0 0 THOMAS SHEA JR 1.00 X 0 0 0 CAROLYN WALKER 1.00 X X 0 0 0 VINCE WATCHORN 1.00 X 0 0 0 DAVID WOODS 1.00 X 0 0 0 ERIC RUOSS 40.00 X 311819 0 34078 PAULA HAGER 40.00 X 119346 0 25708 PATRICK GUGERTY 40.00 X 117264 0 25426 ERIC PETERS 40.00 X 100034 0 23676 648463 0 108888 4 0 1 0 0 1077409 245557 1077409 TUITION AND FEES 611600 13952555 13952555 AUXILIARY ACTIVITIES 900099 465813 465813 SUMMER CAMP PROGRAMS 900099 148688 148688 MISCELLANEOUS INCOME 900099 54544 54544 14621600 518900 518900 18712 0 18712 18712 18712 7309951 7378966 -69015 -69015 -69015 16167606 14640312 0 449885 352351 352351 6945631 5225333 1720298 439136 439136 1076942 1076942 514178 514178 27550 27550 58386 58386 129582 129582 1286517 1286517 103594 103594 STUDENT AID 2051952 2051952 FACULTY REMISSION 1165714 1165714 INSTRUCTIONAL EXPENSES 691877 691877 REPAIRS AND MAINTANCE 669944 669944 1176187 927866 142811 105510 16689541 12122797 4461234 105510 1124809 1702765 5365174 3520890 11861 68914 32194 13224 100000 75000 44163 51684 101470 110661 43670327 19745135 24839212 23925192 19422785 20245268 8185 8185 232632 196895 51282485 49918678 69390 124997 2077605 2063084 1112926 1145877 3259921 3333958 X 29858010 29146280 11258491 10521591 6906063 6916849 48022564 46584720 51282485 49918678 X -521935 -915909 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19621346 30140 -516559 544973 18589954 16694242 625 3647512 721033 19621346 15300217 101667 1559570 267212 16694242 21597412 27171 -5911351 413015 15300217 0.08260 0.37200 0.54540 0 0 153192 153192 39163600 16729846 22433754 1760542 1036630 723912 1874838 1424033 450805 718155 554626 163529 23925192 AGENCY ACCOUNTS 120619 ACCRUED SALARIES 670390 ACCRUED PAYROLL TAXES 26133 ACCRUED VACATION 146370 OTHER LIABILITIES 182365 1145877 16167606 16689541 -521935 -915909 -915909 -1437844 15251697 -915909 -915909 16167606 0 16167606 16689541 0 16689541 0 16689541 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS A NONPROFIT ENTITY THAT IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL, STATE OR LOCAL INCOME TAX IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. EFFECTIVE JULY 1, 2009, THE SCHOOL ADOPTED ASC 740-10, INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITION AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE 2008, 2009 AND 2010 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THIS JURISDICTION. ANY INTEREST AND PENALTIES RELATED TO INCOME TAXES ARE INCLUDED IN INCOME TAX EXPENSE, IF INCURRED. 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 ADVERTISEMENTS ARE PLACED IN THE LOCAL NEWSPAPER PUBLICIZING THE NONDISCRIMINATORY POLICY. LOCAL STUDENTS ARE NOTIFIED OF THE ORGANIZATION'S SCHOLARSHIP PROGRAM WHICH IS AVAILABLE TO ALL WITH A LIMITED NUMBER OF SCHOLARSHIPS BEING AWARDED ON THE BASIS OF ABILITY AND FINANCIAL NEED. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ERIC RUOSS 278750 0 25000 0 8069 0 21037 0 13041 0 345897 0 0 0 EMPLOYEE X 250000 75000 0 1 1 75000 X 17 245557 SEE P 2 EXPLANATION 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF THE BOARD IS PROVIDED WITH A COPY OF THE RETURN PRIOR TO ISSUANCE. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S PRESIDENT OF THE BOARD AND HEADMASTER MONITOR ANY CONFLICT OF INTEREST THAT MAY ARISE ON A CONTINUAL BASIS. AS POTENTIAL NEW TRUSTEES ARE CONSIDERED THEY ARE MADE AWARE OF THE POLICY AND ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS BEFORE THEY ARE ADMITTED. FORM 990, PART VI, SECTION B, LINE 15A A SUBCOMMITTEE OF THE BOARD OF TRUSTEES CALLED THE HEAD COMPENSATION COMMITTEE IS RESPONSIBLE FOR THE ANNUAL REVIEW OF THE HEADMASTER AND FOR DETERMINING HIS ANNUAL COMPENSATION AND BENEFITS. THE COMMITTEE IS COMPRISED OF CURRENT BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL ONLY MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -915,909. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE OVERSIGHT PROCESS OVER THE PAST YEAR.