2012-03-30T10:22:38-05:00 2011-08-31 CLIFTONLARSONALLEN LLP 610 WGERMANTOWN PIKESTE 400 PLYMOUTH MTG PA 19462 990 2010-09-01 232707419 THE ROCK SCHOOL FOR DANCE EDUCATION ROCK 2155517010 1101 SOUTH BROAD STREET PHILADELPHIA PA 19147 BOJAN SPASSOFF 2155517010 2012-03-19 1 2156433900 2010 2016-02-24 21:20:13Z BOJAN SPASSOFF 1101 SOUTH BROAD STREET PHILADELPHIA PA 19147 4703572 0 X WWW.THEROCKSCHOOL.ORG X 1992 PA TO PROVIDE THE HIGHEST QUALITY DANCE TRAINING AND EDUCATIONAL INSTRUCTION. 39 37 82 20 0 0 694445 694574 3703665 3814401 180125 5360 170417 82972 4748652 4597307 791882 704106 0 0 1727335 1723671 0 0 247135 2820116 2422927 5339333 4850704 -590681 -253397 5411978 5302978 2191076 2318463 3220902 2984515 X THE ROCK SCHOOL FOR DANCE EDUCATION (THE SCHOOL) IS DEDICATED TO PROVIDING THE HIGHEST QUALITY CLASSICAL BALLET AND DANCE TRAINING, WITH AN EMPHASIS ON THE PREPARATION OF GIFTED STUDENTS FOR CAREERS IN DANCE WITH PROFESSIONAL COMPANIES AND EDUCATION INSTITUTIONS. 0 0 769819 784791 DANCE PROGRAM- THE SCHOOL HAS DEVELOPED DANCERS FOR THE PREMIERE COMPANIES OF THE UNITED STATES AS WELL AS A HOST OF OTHER INTERNATIONALLY KNOWN BALLET COMPANIES IN EUROPE AND ASIA. IT OFFERS A FULL RANGE OF PROGRAMS FOR ALL AGES. THE ROCK SCHOOL EXPERIENCE INSTILLS IN STUDENTS SELF-DISCIPLINE AND AN EAGERNESS TO LEARN, ENRICHING THEIR LIVES REGARDLESS OF THE CAREERS THEY ULTIMATELY PURSUE. 278011 229136 RAPA- THE ROCK ACADEMIC PROGRAM ALLIANCE (RAPA), A DAY AND BOARDING PROGRAM FOR GRADES NINE THROUGH TWELVE, ATTRACTS A DEDICATED, DIVERSE COMMUNITY OF YOUNG DANCERS WHOSE PASSION FOR DANCE IS ENHANCED BY A UNIQUE COLLEGE PREPARATORY CURRICULUM. THE ACCREDITED PROGRAM PROVIDES FELXIBILITY IN SCHEDULING AND INDIVIDUAL SUPPORT AS WELL AS DUAL PREPARATION FOR ARTISTIC CAREERS AND HIGHER EDUCATION. STUDENTS MOVE FORWARD AT A PACE SUITED TO THEIR INDIVIDUAL ABILITIES AND CAN EARN BOTH HIGH SCHOOL AND COLLEGE CREDITS, CRITICAL TO YOUNG ARTISTS WHO OFTEN SPEND THEIR COLLEGE YEARS IN PROFESSIONAL COMPANIES. 770644 634297 RESIDENCY- THE ROCK SCHOOL RESIDENCE IS LOCATED IN THE MARINE CLUB APARTMENT BUILDING DIRECTLY ACROSS THE STREET FROM THE ROCK CENTER, OCCUPYING SIXTEEN APARTMENTS ON ONE FLOOR. THE RESIDENCE DIRECTOR AND ASSISTANTS, WHO LIVE ON THE FLOOR WITH THE STUDENTS, PROVIDE 24 HOUR CARE FOR EACH STUDENT ON AN INDIVIDUAL BASIS, ENSURING STUDENTS ARE WELL SUPPORTED WHILE LIVING AWAY FROM HOME. THE RESIDENCE DIRECTOR, DEAN, SCHOOL DIRECTORS AND BOARD OF TRUSTESS WORK TOGETHER TO PLAN EXCITING, EDUCATION AND/OR FUN EVENTS AND ACTIVITIES FOR THE STUDENTS. 1872515 704106 2193822 ROCK REACH- ROCK REACH IS A MULTI-FACETED ARTS EDUCATION PROGRAM THAT PROVIDES AFTER-SCHOOL ACTIVITIES DESIGNED TO INSPIRE AND MOTIVATE INNER CITY, AT-RISK YOUTH TO ENGAGE IN THEIR ACADEMICS, DEVELOP THEIR AWARENESS OF FUTURE OPORTUNITIES, AND CHANNEL THEIR MENTAL AND PHYSICAL ENERGY INTO POSITIVE AND CONSTRUCTIVE ACTION. ROCK REACH ACHIEVES ITS GOALS BY IMPLEMENTING: 1. RESIDENCIES AT 4 PUBLIC SCHOOLS 2. REACHING 5,000 INNER CITY CHILDREN THROUGH DYNAMICS OF DANCE PROGRAM. THIS PROGRAM INCLUDES WIDE LECTURE DEMONSTRATIONS AND A FULL ARRAY OF REPERTOIRE PIECES. 3. PROVIDES FREE LONG-TERM , AFTER-SCHOOL DANCE TRAINING TO 25-30 INNER-CITY CHILDREN FROM LOW INCOME FAMILIES. SUMMER- THE ROCK SCHOOL BALLET INTENSIVE IS A SELECTIVE, AUDITION-ONLY PROGRAM THAT IMMERSES THE ASPIRING DANCER IN A 2,4, OR 6 WEEK BALLET PROGRAM WITH THE TALENTED ROCK SCHOOL FACULTY AS WELL AS OUTSTANDING GUEST FACULTY. 1872515 704106 2193822 3690989 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 53 0 1 82 1 0 0 0 0 0 1 1 0 0 0 0 X 39 37 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 1 1 0 PA X X BOJAN SPASSOFF 2155517010 1101 SOUTH BROAD STREET PHILADELPHIA PA 19147 BOJAN SPASSOFF 40.00 X X 110577 0 4341 STEPHANIE WOLF SPASSOFF 40.00 X 53243 0 0 ROBERT L ABRAMOWITZ 1.00 X 0 0 0 DIANE BRECKENRIDGE 1.00 X 0 0 0 NANCY S BRODIE 1.00 X 0 0 0 DEBORAH L CHIUMENTO 1.00 X 0 0 0 MICHAEL DELUCA 1.00 X 0 0 0 ELIZABETH WALLACE ELLERS 1.00 X 0 0 0 LOUIS ENI 1.00 X 0 0 0 HOWARD FISCHER 1.00 X 0 0 0 JENNIFER FRANKLIN 1.00 X 0 0 0 LIZA HERZOG 1.00 X 0 0 0 JOHN HYMAN 1.00 X 0 0 0 BETSY J JOYCE 1.00 X 0 0 0 LEROY KEAN 1.00 X 0 0 0 WARREN KUO 1.00 X 0 0 0 CAROL CLARK LAWRENCE 1.00 X 0 0 0 PHYLLIS MARSHALL 1.00 X 0 0 0 KRISTA BARD 1.00 X 0 0 0 RONALD NAPLES 1.00 X 0 0 0 ROBERT MCCADDEN 1.00 X 0 0 0 MARIANNE C RAPHAELY 1.00 X 0 0 0 SUZANE SCHOCH REHL 1.00 X 0 0 0 THOMAS J REILLY 1.00 X 0 0 0 CARO U ROCK 1.00 X 0 0 0 CONSTANCE W BENOLIEL-ROCK 1.00 X 0 0 0 ROBERT ROCK 1.00 X 0 0 0 SUSAN ROCK 1.00 X 0 0 0 HOWARD D ROSS 1.00 X 0 0 0 JEANNE SCANDURA 1.00 X 0 0 0 MARJORIE K SHIEKMAN 1.00 X 0 0 0 DONNA SLIPAKOFF 1.00 X 0 0 0 REBECCA THOMAS 1.00 X 0 0 0 CATHERINE ULOZAS 1.00 X 0 0 0 SHERRY VARRELMAN 1.00 X 0 0 0 NOELE WEIN 1.00 X 0 0 0 RANDI ZEMSKY 1.00 X 0 0 0 KIM DULA 1.00 X 0 0 0 ROBIN WILLIAMS 1.00 X 0 0 0 163820 0 4341 1 0 0 0 MARINE CLUB APARTMENTS 1100 SOUTH BROAD STREET PHILADELPHIA PA 19146 STUDENT HOUSING 261096 GOSHEN EQUITIES 17000 HORIZON WAY SUITE 100 MT LAUREL NJ 08054 FACILITIES LEASE 159504 YOUR PART TIME CONTROLLER 1500 WALNUT STREET SUITE 1200 PHILADELPHIA PA 19146 CONTRACTOR-ACCOUNTING 141425 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICES 130925 CABRINI COLLEGE 610 KING OF PRUSSIA ROAD RADNOR PA 19087 SUMMER STUDENT HOUSING 107500 5 129417 67799 497358 694574 TUITION 611600 2115872 2115872 HOUSING AND OTHER STUD 611600 1429423 1429423 TICKET SALES 611600 126664 126664 COACHING/COMPETITION 611600 69277 69277 REGISTRATION FEES 611600 41985 41985 31180 31180 3814401 5360 5360 16898 16898 16898 16898 31390 129417 72135 -40745 -40745 56415 34130 22285 22285 FORGIVENESS OF DEBT 611600 71397 71397 MISCELLANEOUS INCOME 611600 13137 13137 84534 4597307 3814401 0 88332 704106 704106 163820 98292 49146 16382 1361091 979234 250314 131543 148185 104010 29698 14477 50575 34997 8727 6851 925 925 171651 171651 19867 19867 17369 4600 12769 22917 21771 1146 62361 38664 18708 4989 74445 60221 7004 7220 293291 183721 89241 20329 105802 105802 256491 193144 50678 12669 73339 17196 55943 200 STUDENT HOUSING AND MEA 428914 428914 SUMMER PROGRAMS 426249 426249 PERFORMANCE EXPENSE 196640 196640 ROCK DANCE PROGRAMS 163160 104649 51274 7237 ROCK ACADEMIC PROGRAM 55889 55889 53617 38692 10700 4225 4850704 3690989 912580 247135 107705 38539 24880 62109 38890 71535 35404 43014 46831 64324 9010 17743 7003615 2307352 4867893 4696263 164538 192624 116827 116827 5411978 5302978 185147 155472 188672 240660 1672645 1841983 144612 80348 2191076 2318463 X 3017474 2789827 101175 86435 102253 108253 3220902 2984515 5411978 5302978 X -253397 17010 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 19867 19867 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: DURING THE YEAR THE SCHOOL INCURRED LOBBYING EXPENSES THROUGH THE USE OF CONSULTANTS AND LAWYERS PROVIDING GUIDANCE WITH ISSUES THAT IMPACT THE ORGANIZATION THE MOST AND WORKING TO PROMOTE LEGISLATION, REGULATION, APPROPRIATION AND/OR PROCUREMENTS THAT ARE IN THE BEST INTERESTS OF THE SCHOOL. 164538 6000 22086 192624 999535 6000 18411 859408 164538 1346008 8000 -272686 81787 999535 0.56000 0.44000 0 0 450000 450000 5015607 1146400 3869207 233018 199666 33352 1157479 912942 244537 147511 48344 99167 4696263 DEFERRED RENT AND DEPOSITS 80348 80348 4597307 4850704 -253397 17010 17010 -236387 4762195 17010 41613 106265 164888 4597307 0 4597307 4998582 41613 106265 147878 4850704 0 4850704 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS ON SEPTEMBER 1, 2009. THE STANDARD HAD NO EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL'S 2008, 2009, AND 2010 FISCAL YEAR TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS SHOULD THE TAX-EXEMPT STATUS BE CHALLENGED IN THE FUTURE. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECTLY RELATED FUNDRAISING EXPENSE 72,135. MERCHANDISE COST OF GOODS SOLD 34,130. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECTLY RELATED FUNDRAISING EXPENSE 72,135. MERCHANDISE COST OF GOODS SOLD 34,130. PART V, ENDOWMENT FUNDS, LINE 4: THE USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE SCHOLARSHIPS FOR DESERVING DANCE STUDENTS. 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 ADVERTISEMENTS AND ARTICLES ABOUT THE SCHOOL WHICH APPEAR IN THE MEDIA DURING THE PERIOD OF SOLICITATION FOR STUDENTS INCLUDE A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 FEDERAL GRANT FROM THE DEPARTMENT OF JUSTICE IN SUPPORT OF THE ROCK REACH PROGRAM, STATE GRANTS IN SUPPORT OF SOME OF THE SCHOOL'S NORMAL OPERATING EXPENSES, HUD GRANT. SCHOLARSHIP BENEFIT 160807 129417 31390 2562 25504 5000 39069 160807 129417 31390 2562 25504 5000 39069 72135 -40745 1 SCHOLARSHIPS TO STUDENTS 228 704106 FMV N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE GRANTED TO ELIGIBLE STUDENTS. THE SCHOOL CLOSELY MONITORS ALL GRANT FUNDS AND DISBURSES TO STUDENTS BASED ON THE SCHOOL'S ELIGIBILTY REQUIREMENTS. THE ROCK FOUNDATION 3 BOARD MEMBERS OF THE ROCK SCHOOL RESIDE ON THE BOARD OF THE ROCK FOUND. 1122000 NOTES PAYABLE 0 FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING PEOPLE HAVE A FAMILY RELATIONSHIP: BOJAN SPASSOFF- PRESIDENT/DIRECTOR STEPHANIE WOLF SPASSOFF- DIRECTOR ALEXANDER SPASSOFF- COMMUNICATIONS DIRECTOR CARO U. ROCK- CHAIRMAN CONSTANCE W. BENOLIEL-ROCK- CHAIRMAN EMERITUS ROBERT ROCK- VICE CHAIRMAN SUSAN ROCK- TRUSTEE FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE 990 AND THE FINANCE COMMITTEE WILL REVIEW AND APPROVE THE 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL EXPECTS OUR EMPLOYEES TO CONDUCT BUSINESS ACCORDING TO THE HIGHEST ETHICAL STANDARDS OF CONDUCT. EMPLOYEES ARE EXPECTED TO DEVOTE THEIR BEST EFFORTS TO THE INTERESTS OF THE SCHOOL. BUSINESS DEALINGS THAT APPEAR TO CREATE A CONFLICT BETWEEN THE INTERESTS OF THE SCHOOL AND AN EMPLOYEE ARE UNACCEPTABLE. THE SCHOOL RECOGNIZES THE RIGHT OF THE EMPLOYEES TO ENGAGE IN ACTIVITIES OUTSIDE OF THEIR EMPLOYMENT WHICH ARE OF A PRIVATE NATURE AND UNRELATED TO OUR BUSINESS. HOWEVER, THE EMPLOYEE MUST DISCLOSE ANY POSSIBLE CONFLICTS SO THAT THE SCHOOL MAY ASSESS AND PREVENT POTENTIAL CONFLICTS OF INTEREST FROM ARISING. A POTENTIAL OR ACTUAL CONFLICT OF INTEREST OCCURS WHENEVER AN EMPLOYEE IS IN A POSITION TO INFLUENCE A DECISION THAT MAY RESULT IN A PERSONAL GAIN FOR THE EMPLOYEE OR AN IMMEDIATE FAMILY MEMBER (I.E. A SPOUSE OR SIGNIFICANT OTHER, CHILDREN, PARENTS, SIBLINGS) AS A RESULT OF THE SCHOOL'S BUSINESS DEALINGS. ALTHOUGH IT IS NOT POSSIBLE TO SPECIFY EVERY ACTION THAT MIGHT CREATE A CONFLICT OF INTEREST, THIS POLICY SETS FORTH THOSE THAT MOST FREQUENTLY PRESENT PROBLEMS. IF AN EMPLOYEE HAS ANY QUESTIONS WHETHER AN ACTION OF PROPOSED COURSE OF CONDUCT WOULD CREATE A CONFLICT OF INTEREST, HE OR SHE SHOULD IMMEDIATELY CONTACT THE DIRECTORS OF THE SCHOOL TO OBTAIN ADVICE ON THE ISSUE. THE PURPOSE OF THIS POLICY IS TO PROTECT EMPLOYEES FROM ANY CONFLICT OF INTEREST THAT MIGHT ARISE. A VIOLATION OF THIS POLICY WILL RESULT IN IMMEDIATE AND APPROPRIATE DISCIPLINE, UP TO AND INCLUDING IMMEDIATE TERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE SCHOOL'S BOARD OF TRUSTEES, COMPRISED OF THREE INDEPENDENT TRUSTEES, MANAGES THE PROCESS FOR DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR, CO-DIRECTORS, OTHER OFFICERS, AND KEY EMPLOYEES. THIS COMMITTEE USES COMPARABLES OF SIMILAR ARTISTIC ORGANIZATIONS ALONG WITH ECONOMIC AND BUDGETARY CONSIDERATIONS TO DETERMINE COMPENSATION LEVELS INCLUDING SALARIES, BONUS OPPORTUNITIES, AND BENEFITS. BONUSES ARE PAID BASED ON PERFORMANCE MEASURED AGAINST FINANCIAL, ORGANIZATIONAL, AND ARTISTIC OBJECTIVES. THE COMPENSATION COMMITTEE MAKES ITS RECOMMENDATION TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR REVIEW AND APPROVAL. THIS PROCESS WAS MOST RECENTLY CONDUCTED IN 2010. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS OF THE SCHOOL ARE AVAILABLE ON THE PA CDP WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 17,010. FORM 990, PART XI, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. REASONABLE CAUSE STATEMENT THIS RETURN IS BEING FILED BETWEEN MARCH 1, 2012 TO MARCH 30, 2012, AS DIRECTED BY THE IRS IN NOTICE 2012-4, BECAUSE ELECTRONIC FILING WAS NOT AVAILABLE JANUARY 1, 2012 THROUGH FEBRUARY 29, 2012. WE REQUEST THAT PENALTIES BE WAIVED BECAUSE IT WOULD BE INEQUITABLE TO IMPOSE A PENALTY ON US DUE TO THE UNUSUAL CIRCUMSTANCES REQUIRING US TO DELAY THE FILING OF THIS RETURN. MILTON AND SHIRLEY ROCK FOUNDATION 1845 WALNUT STREET SUITE 900 PHILADELPHIA PA 19103 222670682 LOAN PA PF N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0