2012-11-15T12:32:33-06:00 2012-06-30 560574444 CHERRY BEKAERT & HOLLAND LLP 200 SOUTH 10TH STREET SUITE 900 RICHMOND VA 23219 990 2011-07-01 540914765 THE STEWARD SCHOOL CORPORATION STEW 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 LISA S DWELLE 8047403394 2012-11-09 1 JOHN DENISON P00837796 8046735700 2011 2016-02-24 21:20:13Z LISA S DWELLE 11600 GAYTON ROAD RICHMOND VA 23238 14243426 0 X WWW.STEWARDSCHOOL.ORG X 1972 VA THE STEWARD SCHOOL OFFERS A COLLEGE-PREPARATORY CURRICULUM DESIGNED TO HELP STUDENTS, JK THROUGH GRADE 12, OF VARYING ABILITIES REACH THEIR EDUCATIONAL GOALS. 26 26 277 425 0 0 1361039 1060610 11869397 12824206 74040 77131 241319 237094 13545795 14199041 1814320 1854599 0 0 7714412 8020427 0 0 358165 4898295 5763594 14427027 15638620 -881232 -1439579 33489723 31968425 10583271 10539951 22906452 21428474 X THE STEWARD SCHOOL'S MISSION IS TO PREPARE EACH CHILD FOR COLLEGE AND FOR LIFE. OUR CORE CHARACTER VALUES ARE HONOR, RESPONSIBILITY, AND ACHIEVEMENT, BALANCED BY CARING AND RESPECT FOR ONE'S SELF AND FOR OTHERS. STEWARD IS COMMITTED TO SMALL CLASSES AND SMALL OVERALL SIZE, WHICH ALLOW FOR DISCOVERY AND DEVELOPMENT OF EACH STUDENT'S UNIQUE TALENTS AND PASSIONS, WHILE PROVIDING MORE OPPORTUNITIES FOR INDIVIDUAL PARTICIPATION. WE BELIEVE AN ENVIRONMENT WITH A DIVERSITY OF TALENTS, ABILITIES, CULTURES AND BACKGROUNDS PROVIDE THE RICHEST AND MOST FULLY ROUNDED EDUCATIONAL EXPERIENCE. 0 0 12355182 1854599 12970741 PROVIDES FORMAL INSTRUCTION FOR GRADES JK THROUGH 12 AND MAINTAINS A REGULAR FACULTY & CURRICULUM. ENROLLMENT IS APPROXIMATELY 627. 12355182 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 62 0 277 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X MS LISA DWELLE 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 DONALD F DELANEY JR 4.00 X X 0 0 0 STEVE C HENDERSON 2.00 X X 0 0 0 MARIA B JONES 1.00 X X 0 0 0 FERNAND BARUCH JR 1.00 X 0 0 0 ROBERT F BROOKS 1.00 X 0 0 0 DANIEL A CALDWELL 1.00 X 0 0 0 MARION S CHENAULT 1.00 X 0 0 0 LAWRENCE S EIBEN 1.00 X 0 0 0 MATTHEW J ERNST 1.00 X 0 0 0 MARTHA P FINK 1.00 X 0 0 0 A W SCOTT FRAYSER 1.00 X 0 0 0 LARRY W FRENCH 1.00 X 0 0 0 JOHN B LEWIS 1.00 X 0 0 0 GARY D LECLAIR 1.00 X 0 0 0 EUGENE P MCKEOWN 1.00 X 0 0 0 WALTER O'BRIEN 1.00 X 0 0 0 J KIM PENBERTHY 1.00 X 0 0 0 DENNIS A PRYOR 1.00 X 0 0 0 FAISAL S QURESHI 1.00 X 0 0 0 ROBERT Q RHODES 1.00 X 0 0 0 SUSAN B SCOTT 1.00 X 0 0 0 JAMES F STUTTS 1.00 X 0 0 0 BRIAN L THARP 1.00 X 0 0 0 J NEIL TURNAGE 1.00 X 0 0 0 WILLIAM R WADDELL 1.00 X 0 0 0 ANNE C WOODFIN 1.00 X 0 0 0 KENNETH H SEWARD 40.00 X 188821 0 8810 LISA S DWELLE 40.00 X 98192 0 4555 287013 0 13365 1 0 1 0 0 603630 456980 1060610 STUDENT TUITIONS 611600 11779511 11779511 STUDENT FEES 611600 1044695 1044695 12824206 24203 24203 66756 0 66756 66756 66756 52928 0 52928 52928 52928 68188 44385 23803 23803 SUMMER SKILLS PROGRAM 611710 67985 67985 SCHOOL STORE 611710 49396 49396 OTHER 611710 19409 19409 9745 9745 146535 14199041 12970741 0 167690 1854599 1854599 202400 177350 25050 6529114 5006815 1319134 203165 235711 183855 44785 7071 534207 416682 101499 16026 518995 404816 98609 15570 23179 23179 48270 48270 156339 39085 78169 39085 105668 105668 111804 55902 55902 963716 839317 124399 19539 4301 15238 155913 123932 31981 557684 485697 71987 1969711 1715456 254255 STUDENT SUPPORT SERVICE 569572 569572 INSTRUCTIONAL EXPENSE 357858 357858 STUDENT ACTIVITIES 133347 133347 EQUIP RENTAL & MAINTENA 98077 58846 39231 492917 105102 335617 52198 15638620 12355182 2925273 358165 943357 1297650 38119 19080 102750 111131 20000 49314 56509 111455 121021 46172646 18794971 28679441 27377675 1158795 1208332 2406492 1757027 33489723 31968425 1102977 902378 1900232 1943862 7255000 7055000 325062 638711 10583271 10539951 X 22899152 21418474 7300 10000 22906452 21428474 33489723 31968425 X -1439579 -38399 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 181041 181041 35378460 11769889 23608571 6691964 4841900 1850064 3921181 2183182 1737999 27377675 BOND ISSUANCE COSTS 115010 DUE FROM FOUNDATION 1642017 1757027 FUNDS HELD FOR OTHERS 85012 INTEREST RATE SWAP 524731 CAPITAL LEASE OBLIGATION 28968 638711 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE STEWARD SCHOOL QUALIFIES FOR EXEMPTION FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). SIMILAR EXEMPTIONS HAVE BEEN GRANTED FROM STATE INCOME TAXES. THE SCHOOL'S POLICY IS TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS, AND ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT A TAX POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS OR RELATED INTEREST AND PENALTIES AT JUNE 31, 2012 AND, ACCORDINGLY, NO LIABILITY IS ACCRUED. 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 THE SCHOOL'S RACIALLY NON-DISCRIMINATORY POLICY TOWARDS STUDENTS IS ANNUALLY PUBLISHED THROUGH A PRINTED STATEMENT OF THE SCHOOL'S ADMINISTRATION POLICY IN THE LOCAL NEWSPAPER AND MAGAZINES. IN GOOD COMPANY 27875 27875 15452 SPARTAFEST 24088 24088 385 19007 3 16225 16225 9541 68188 68188 385 44000 44385 23803 1 FINANCIAL AID 130 1141616 N/A TUITION REMISSION 47 703798 N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: PARENTS ARE REQUIRED TO COMPLETE A FINANCIAL AID APPLICATION AND SUBMIT SUPPORTING TAX DOCUMENTS IN ORDER TO RECEIVE FINANCIAL AID. THE FINANCIAL AID COMMITTEE REVIEWS ALL APPLICATIONS AND SUPPORTING DOCUMENTS. THE AMOUNT OF THE FINANCIAL AID IS APPLIED DIRECTLY TO A STUDENT'S BILLING ACCOUNT. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 KENNETH H SEWARD 188821 0 0 0 0 0 8810 0 0 0 197631 0 0 0 PART I, LINE 1A THESE BENEFITS ARE ONLY APPLICABLE TO THE HEADMASTER. THE HEADMASTER'S SPOUSE TRAVELED WITH HIM ON CERTAIN OCCASIONS, AND THE TRAVEL SERVED A BONA FIDE BUSINESS PURPOSE. IN ADDITION, THE DISCRETIONARY SPENDING ACCOUNT IS ONLY FOR UNBUDGETED SCHOOL ITEMS AND NOT FOR PERSONAL USE. ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VA 541197472 2010-11-01 7255000 REFINANCE 0 0 0 7255000 138012 2010 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 1 BB&T 10.000000000000 0 0 0 0 1 KENNETH H SEWARD X 25000 20000 0 1 1 20000 KENNETH H SEWARD HEADMASTER 26513 REMISSION (BASED ON SAME CRITERIA AS OTHER EMPLOYEES) LISA S DWELLE DIRECTOR OF FINANCE 27553 REMISSION (BASED ON SAME CRITERIA AS OTHER EMPLOYEES) FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL MAINTAINS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED AND SIGNED ON AN ANNUAL BASIS BY ALL TRUSTEES. IF A MATTER ARISES DURING THE YEAR THAT INVOLVES A POTENTIAL CONFLICT OF INTEREST FOR A TRUSTEE, THE TRUSTEE SHALL RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE HEADMASTER'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE WHICH INCLUDES THE CHAIR, VICE CHAIR OF THE BOARD AND THE FINANCE COMMITTEE CHAIR. THE COMMITTEE REVIEWS COMPARATIVE DATA FROM A COMPENSATION SURVEY OR STUDY IN SETTING HIS COMPENSATION. HIS COMPENSATION IS APPROVED BY THE COMPENSATION COMMITTEE PRIOR TO BEING SET. COMPENSATION IS REVIEWED ANNUALLY FOR ALL OFFICERS AND KEY EMPLOYEES. THE PERSONNEL COMMITTEE RECOMMENDS A GENERAL ANNUAL INCREASE FOR ALL EMPLOYEES. SPECIFIC AMOUNTS ARE DETERMINED BY THE HEADMASTER BASED ON THE ANNUAL INCREASE AND THE EMPLOYEE'S PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -38,399. THE STEWARD SCHOOL FOUNDATION 11600 GAYTON ROAD RICHMOND VA 23238 510251819 FOUNDATION/ SUPPORTING ORGANIZATION VA 501(C)(3) LINE 11A, I STEWARD SCHOOL CORPORATION 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 THE STEWARD SCHOOL FOUNDATION C 603630 ACTUAL AMOUNT PAID THE STEWARD SCHOOL FOUNDATION N 144460 ACTUAL AMOUNT PAID