2012-11-13T15:43:55-06:00 2012-06-30 131459550 WEISERMAZARS LLP 135 WEST 50TH STREET NEW YORK NY 10020 990 2011-07-01 112611384 THE BERKELEY CARROLL SCHOOL BERK 7185346579 808 UNION STREET BROOKLYN NY 11215 STEPHANIE HOLMES 7185346579 2012-11-09 1 JEFFREY KATZ P00428732 2128127000 2011 2016-02-24 21:20:13Z ROBERT D VITALO 808 UNION STREET BROOKLYN NY 11215 29802498 0 X WWW.BERKELEYCARROLL.ORG X 1982 NY TO PROVIDE PRIMARY AND SECONDARY EDUCATION TO STUDENTS FROM PRESCHOOL THROUGH 12TH GRADE. 23 23 401 100 0 0 4165957 2703603 24770506 26678809 116765 140467 -22698 58669 29030530 29581548 3340292 3598662 0 0 15302847 16265787 397312 74003 1213382 7307565 8347381 26348016 28285833 2682514 1295715 39612389 51460595 23267482 35333194 16344907 16127401 X THE BERKELEY CARROLL SCHOOL IS A DYNAMIC COMMUNITY SUSTAINED BY A PASSION FOR LEARNING WHERE THE RELATIONSHIP BETWEEN STUDENT AND TEACHER IS PARAMOUNT. THE SCHOOL OFFERS STUDENTS STIMULATING AND RIGOROUS PROGRAMS IN THE LIBERAL ARTS AND SCIENCES, THE CREATIVE ARTS, AND PHYSICAL EDUCATION. TEACHERS CREATE LEARNING EXPERIENCES THAT FOSTER INTELLECTUAL CURIOSITY AND IMAGINATION GROUNDED IN DISCIPLINED STUDY. A PASSTION FOR LEARNING IS AT THE HEART OF BERKELEY CARROLL. OUR DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE PREPARE OUR DIVERSE GRADUATES FOR SUCCESS IN COLLEGE AND FOR THE GREATER ENDEAVOR - A LIFE OF CRITICAL, ETHICAL AND GLOBAL THINKING. 0 0 24802999 3598662 25639313 THE BERKELEY CARROLL SCHOOL PROVIDES PRIMARY AND SECONDARY EDUCATION TO ITS STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE. THE SCHOOL HAD 828 STUDENTS IN THE 2011/2012 YEAR. 442116 707268 THE SCHOOL OFFERS TWO SUMMER PROGRAMS THAT RUN FROM JULY THROUGH AUGUST OF EACH YEAR. EACH PROGRAM HAD APPROXIMATELY 205-245 CHILDREN IN THE 2011/2012 YEAR. 204596 362357 THE SCHOOL OPERATES AN ATHLETIC CENTER THAT OFFERS AFTERSCHOOL AND WEEKEND GYM AND SWIMMING CLASEES TO ITS STUDENTS AND THE COMMUNITY. 25449711 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 78 0 1 401 1 0 0 0 0 0 1 1 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ROBERT ISABELLA 7185346588 808 UNION STREET BROOKLYN NY 11215 STEPHANIE HOLMES 10.00 X X 0 0 0 MITCH KORBEY 10.00 X X 0 0 0 DOMINICK GUARNA 5.00 X 0 0 0 MACIA SKYERS-JAMES 5.00 X 0 0 0 CHRIS BOCKELMANN 3.00 X 0 0 0 COLIN HARRISON 3.00 X 0 0 0 AMY BENDER 10.00 X X 0 0 0 CANDANCE CARPONTER 3.00 X 0 0 0 ERIC CHAPMAN 3.00 X 0 0 0 MARK CHEFFO 3.00 X 0 0 0 JACKOE DEANE 3.00 X 0 0 0 MARK FREIDMAN 3.00 X 0 0 0 SHIRLEY HEDDEN 3.00 X 0 0 0 MARTHA HIRST 5.00 X 0 0 0 SHAWN V AUSTIN 3.00 X 0 0 0 CLAI HSIANG 3.00 X 0 0 0 JAMIE PRINCIPE 3.00 X 0 0 0 CHRISTINA SHANE 3.00 X 0 0 0 MOLLY TOLL-REED 3.00 X 0 0 0 CHRISTOPHER PETERS 3.00 X 0 0 0 JOE POLIZZOTTO 3.00 X 0 0 0 MICHAEL WEAVER 3.00 X 0 0 0 CHRIS WELCH 3.00 X 0 0 0 SOPHIA ROMERO-SCHWARTZ 3.00 X 0 0 0 ROBERT D VITALO 60.00 X 386204 0 73516 ROBERT ISABELLA 60.00 X 168108 0 17856 PAM CUNNINGHAM 50.00 X 109827 0 15040 JAMES SHAPIRO 50.00 X 107446 0 20026 DAVID EGOLF 40.00 X 105977 0 15182 SUZANNE FOGERTY 50.00 X 106645 0 15856 BRANDON CLARK 40.00 X 111415 0 12785 RICHARD MCGRATH 40.00 X 108417 0 7863 1204039 0 178124 10 0 1 0 PINNACLE CONTRACTORS OF NY INC 48 WEST 37TH STREET 9TH FL NEW YORK NY 10018 CONTRACTOR 1226927 FLIK INTERNATIONAL CORP PO BOX 91337 CHICAGO IL 60693 FOOD SERVICES 515261 BUTLER ROGERS ARCHITECTS PC 330 WEST 34TH STREET SUITE 1800 NEW YORK NY 10001 ARCHITECTS 237590 LEO BLACKMAN ARCHITECHTS 12 WEST 27TH ST 17TH FL NEW YORK NY 10001 ARCHITECTS 151093 SILVER EXPRESS 32 ROANOKE STREET STATEN ISLAND NY 10314 BUS COMPANY 122033 7 266376 183130 2254097 2703603 STUDENT TUITION 611600 25146520 25146520 AUXILIARY SERVICES 900099 1377497 1377497 TRANSPORTATION 900099 94277 94277 FEES/FINANCE CHARGES 900099 60515 60515 26678809 140467 140467 31234 0 31234 31234 31234 15656 15656 0 0 202600 266376 205294 -2694 -2694 OTHER 900099 30129 30129 30129 29581548 26708938 0 169007 3598662 3598662 624500 558513 34932 31055 12700548 11358559 710414 631575 770371 688971 43091 38309 1184834 1059640 66274 58920 985534 881399 55126 49009 99839 99839 48225 48225 74003 74003 249684 239350 10334 54995 54995 662549 571458 46624 44467 295989 268633 16414 10942 1852319 1557795 193260 101264 284642 275782 7703 1157 1399808 1259827 97987 41994 1377176 1237559 97732 41885 195510 175959 11731 7820 INSTRUCTION 1332284 1332284 OTHER 199253 104610 58948 35695 PROFESSIONAL DEVELOPMEN 187094 183661 396 3037 SCHOOLWIDE EVENTS 103514 42054 29544 31916 4500 4500 28285833 25449711 1622740 1213382 1969058 3075269 2763149 1587543 1970219 2109493 435954 378999 359196 502910 48659374 11297807 26193153 37361567 4712995 5360647 1208665 1084167 39612389 51460595 3605199 2768002 3714037 4832987 14892417 25299580 1055829 2432625 23267482 35333194 X 11362763 10092327 4061087 3432900 921057 2602174 16344907 16127401 39612389 51460595 X 1295715 -1513221 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3254396 1843913 49871 84278 4500 5059402 2975380 164995 198837 36292 43441 5083 3254396 2792060 116968 164904 7066 86841 4645 2975380 0.34800 0.65200 0 0 2136000 2136000 28273273 9838444 18434829 232386 232386 0 1902747 1226977 675770 16114968 16114968 37361567 ACCRUED INTEREST PAYABLE 56284 STUDENT BONDS PAYABLE 165000 INTEREST RATE SWAP AGREEMENT 2211341 2432625 29581548 28285833 1295715 -46470 -1466751 -1513221 -217506 24469665 -1513221 -3598662 -5111883 29581548 0 29581548 24687171 0 24687171 3598662 3598662 28285833 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS TO BE USED FOR SCHOLARSHIPS TO DESERVING STUDENTS, PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF, AND TO SUPPORT OTHER INSTRUCTIONAL PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY THE RESPECTIVE TAXING AUTHORITIES FOR THE YEARS PRIOR TO 2009. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP -1,466,751. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL ANNUALLY PUBLISHES ITS NONDISRIMINATION POLICY IN THE PERSONNEL HANDBOOK AND KIDS HANDBOOK. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES AN ANNUAL GRANT FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION BASED ON THE NUMBER OF STUDENTS ATTENDING. X X X X X X X 1 COMMUNITY COUNSELLING SERVICE CO LLC PO BOX 27462 NEW YORK NY 10087 CAPITAL CAMPAIGN FUNDRAISING 0 457739 42500 415239 457739 42500 415239 NY AUCTION 378491 205141 173350 92539 64745 GOLF OUTING 89735 61235 28500 28410 6389 1 750 750 13211 468976 266376 202600 120949 84345 205294 -2694 1 STUDENT AID 199 3598662 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENT AID IS AWARDED ON AN ANNUAL BASIS, BASED ON THE NEED OF THE FAMILY. THE FOLLOWING PROCEDURES ARE FOLLOWED WHEN GRANTING AID: PARENTS START THE APPLICATION PROCESS BY SUBMITTING AN APPLICATION TO TADS (TUITION AID DATA SERVICES, AN OFFERING OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS - NAIS) WHICH PROVIDES AN INDEPENDENT OPINION OF AN APPROPRIATE NEED-BASED AWARD AMOUNT TO THE SCHOOL. THE SCHOOL'S FINANCIAL AID COMMITTEE THEN REVIEWS THE APPLICATION AND OTHER RELEVANT DOCUMENTATION, ALONG WITH THE RECOMMENDATIONS BY TADS, AND DETERMINES THE FINANCIAL AID AMOUNT TO BE AWARDED TO EACH STUDENT. ONCE AID IS GRANTED, THE STUDENT'S CONTRACT IS SENT TO THE FAMILY SHOWING THE AID THAT IS APPLIED TO STUDENT'S TUITION, REDUCING THE TOTAL AMOUNT OF TUITION TO BE PAID FOR THE YEAR. X X X X X X 0 0 0 0 0 0 0 0 0 ROBERT D VITALO 386204 0 0 0 0 0 67073 0 6443 0 459720 0 0 0 ROBERT ISABELLA 168108 0 0 0 0 0 11700 0 6156 0 185964 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, IS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BODY OF THE SCHOOL AND REVIEWED BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY STATEMENT. DURING ROUTINE REVIEWS OF THE VENDOR CONTRACTS BY THE CFO AND HEAD OF THE SCHOOL, COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS ENSURED. FORM 990, PART VI, SECTION B, LINE 15 WHENEVER AN EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS TO BE PREPARED, AN AD HOC COMMITTEE OF THE BOARD OF TRUSTEES IS FORMED. IN ADDITON, AN INDEPENDENT CONSULTANT IS HIRED TO PROVIDE INDEPENDENT RESEARCH AND COMPARABILITY DATA. THE SCHOOL'S LAW FIRM GETS INVOLVED IN PROVIDING EXACT LANGUAGE FOR THE CONTRACT, AMOUNTS AND METHODS OF COMPENSATION. ALL OTHER EMPLOYMENT CONTRACTS ARE DETERMINED BY THE HEAD OF SCHOOL WHO REFERS TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND MARKET COMPARABILITY DATA WHEN DECIDING ON ALL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES COPIES OF ITS GOVERNING DOCUMENTATION, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -46,470. UNREALIZED LOSS ON INTEREST RATE SWAP -1,466,751. TOTAL TO FORM 990, PART XI, LINE 5: -1,513,221.