2012-05-01T08:18:38-05:00 2011-06-30 ALBRECHT VIGGIANO ZURECK & CO PC 25 SUFFOLK COURT HAUPPAUGE NY 11788 990 2010-07-01 111661352 BUCKLEY COUNTRY DAY SCHOOL BUCK 5166271910 IU WILLETS ROAD NORTH HILLS ROSLYN NY 11576 JEAN-MARC JUHEL 5166271910 2012-04-24 1 LAWRENCE LUCARELLI 6314349500 2012-04-24 2010 2016-02-24 21:20:13Z JEAN-MARC JUHEL IU WILLETS ROAD NORTH HILLS ROSLYN NY 11576 10370725 0 X WWW.BUCKLEYCOUNTRYDAY.COM X 1923 NY TO PROVIDE EDUCATION TO STUDENTS FROM TODDLER THROUGH 8TH GRADE. 21 20 225 150 0 0 1126493 1519295 8575850 8556763 22118 20823 194196 164482 9918657 10261363 768050 704150 0 0 5714710 5643405 0 0 366692 2880360 3067914 9363120 9415469 555537 845894 15739133 16509080 3005105 2805129 12734028 13703951 X BUCKLEY COUNTRY DAY SCHOOL IS AN INDEPENDENT, COEDUCATIONAL DAY SCHOOL PROVIDING A SUPERIOR ELEMENTARY EDUCATION TO AN INTELLECTUALLY CAPABLE AND DIVERSE STUDENT BODY. BUCKLEY PROVIDES THE FOUNDATION THAT ENABLES OUR STUDENTS TO ACHIEVE THEIR FULL POTENTIAL AND EXCEL AS EDUCATED, ETHICAL, AND SELF-CONFIDENT INDIVIDUALS. OUR GRADUATES ARE WELL PREPARED FOR ENTRY INTO, AND SUCCESS IN, SECONDARY SCHOOLS AND BEYOND 0 0 7037505 8556763 BUCKLEY COUNTRY DAY SCHOOL IS AN EDUCATIONAL FACILITY FOR STUDENT GRADE LEVELS TODDLER THROUGH GRADE EIGHT STUDENT ENROLLMENT FOR THIS ACADEMIC YEAR WAS 333. 7037505 1 1 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 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 30 0 225 1 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 NY X BUCKLEY COUNTRY DAY SCHOOL 5166271910 IU WILLETS ROAD ROSLYN NY 11756 MELISSA MURPHY 6.00 X X 0 0 0 AHMED BENDARY 6.00 X 0 0 0 HONORABLE STEPHEN J BOGACZ 6.00 X 0 0 0 ERIC BRUENNER 6.00 X 0 0 0 LEILANI BROWN 6.00 X 0 0 0 LAURENCE DENIHAN 6.00 X X 0 0 0 ERIC DEUTSCH 6.00 X 0 0 0 RICHARD FONG 6.00 X 0 0 0 G ROBERT GAGE 6.00 X X 0 0 0 TANYA BASTIANICH MANUALI PHD 6.00 X 0 0 0 PAUL CUNEO 6.00 X 0 0 0 KARLI EF HAGEDORN 6.00 X X 0 0 0 JEAN MARC JUHEL 40.00 X X 198450 0 42138 ROBERT MOORE 6.00 X X 0 0 0 LILYAN MURAN 6.00 X 0 0 0 ORIT WEISSMAN 6.00 X 0 0 0 REV PATRICK H O'CONNOR 6.00 X 0 0 0 GEORGE SIMEONE 6.00 X X 0 0 0 FITZGERALD VENTURA 6.00 X 0 0 0 JOHN VISSICCHIO 6.00 X X 0 0 0 WILLIAM ARNONE 6.00 X 0 0 0 ELIZABETH LYONS 40.00 X 112330 0 6260 ALEXANDRA WHELEHAN 40.00 X 127600 0 22825 PATRICIA LARSEN 40.00 X 115000 0 20454 ANN DUFFY 40.00 X 103310 0 14615 656690 0 106292 5 0 1 0 BROCK & COMPANY 257 GREAT VALLEY PARKWAY MALVERN PA 19355 FOOD SERVICES FOR SCHOOL AND CAMP 479034 DELL TRANSPORTATION 20 HAVEN AVENUE PORT WASHINGTON NY 11050 TRANSPORTATION SERVICES 330500 JAMES MONTIGLIO 100 MELROSE PLACE DIX HILLS NY 11746 EXCAVATION 272412 MACCARONE PLUMBING 10 SEA CLIFF AVENUE GLEN COVE NY 11542 PLUMBING 161529 PARK EAST CONSTRUCTION 266 EAST JERICHO TPKE S HUNTINGTON NY 11746 CONSTRUCTION 123557 5 75128 1444167 1519295 TUITION & FEES 900099 8556763 8556763 8556763 20823 20823 16985 16985 16985 16985 231891 109362 122529 122529 YEARBOOK 900099 15235 15235 REGISTRATION FEES FORF 900099 5428 5428 4305 4305 24968 10261363 8602554 0 139514 704150 704150 4426168 3091923 1161839 172406 214079 163728 42366 7985 663476 507426 131302 24748 339682 259789 67223 12670 66402 4007 62197 198 100481 43729 54619 2133 507615 380712 101523 25380 146340 109784 29264 7292 SUPPLIES 105973 27481 69310 9182 GENERAL INSTITUTIONAL 883543 835736 39660 8147 REPAIRS & MAINTENANCE 327071 245303 65414 16354 TRANSPORTATION 293279 293279 STUDENT ACTIVITES 172783 172783 464427 197675 186555 80197 9415469 7037505 2011272 366692 3984665 3747173 29262 30461 566406 524895 17499536 6112991 10387471 11386545 756589 800544 14740 19462 15739133 16509080 156100 449302 2849005 2355827 3005105 2805129 X 12058752 12937434 205276 296517 470000 470000 12734028 13703951 15739133 16509080 X 845894 124029 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13 48315 2857808 0 0 2674457 48315 142036 -7000 2871808 2555882 42641 75934 2674457 2480003 198255 -102669 -19707 2555882 0.79000 0.16000 0.05000 0 0 2806050 2806050 9894585 3609578 6285007 2829525 912490 1917035 1969376 1590923 378453 11386545 SUMMER DEPOSITS 1080278 STUDENT DEPOSITS 971131 ACCRUED SALARIES 304418 2355827 10261363 9415469 845894 124029 124029 969923 9790604 124029 109362 233391 9557213 704150 704150 10261363 8820681 109362 109362 8711319 704150 704150 9415469 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL, A NOT-FOR-PROFIT ORGANIZATION OPERATING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS GENERALLY EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES. THE SCHOOLS' WHOLLY OWNED NOT-FOR-PROFIT REAL ESTATE HOLDING CORPORATION WAS FORMED IN NOVEMBER 1996, UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM FEDERAL, STATE AND LOCAL TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAX JURISDICTION. FEDERAL TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS - DIRECT EXPENSES 109,362. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 704,150. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS - DIRECT EXPENSES 109,362. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 704,150. 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 HAS PUBLISHED ITS NOTICE OF NON-DISCRIMINATORY POLICY IN NEWSDAY, THE MAJOR LONG ISLAND NEWSPAPER SERVING THE SCHOOL'S COMMUNITY. THIS NOTIFICATION IS MADE ANNUALLY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDING FROM NEW YORK STATE. THE CATEGORIES WHERE FUNDING IS APPLIED FOR AND RECEIVED ARE: MANDATED SERVICE AID, COMPREHENSIVE ATTENDANCE PROGRAM, AND PUPIL ATTENDANCE REPORTING. X FALL FAIR 208086 208086 84191 2 208086 208086 84191 84191 123895 DENESE GIORDANO 2 IU WILLETS ROAD ROSLYN NY 11576 0 STUDENT SCHOLARSHIP 460700 FACULTY STUDENTS 12 243450 X 1 0 X X X X 1 0 0 0 0 0 0 0 0 JEAN MARC JUHEL 198450 0 0 0 0 0 9923 0 32215 0 240588 0 230311 0 ALEXANDRA WHELEHAN 127600 0 0 0 0 0 6380 0 16445 0 150425 0 146824 0 PART I, LINE 1A AS OUTLINED IN HIS CONTRACT WITH THE SCHOOL, THE HEADMASTER IS REQUIRED TO RESIDE ON CAMPUS TO MEET THE ONGOING NEEDS OF THE SCHOOL COMMUNITY INCLUDING, BUT NOT LIMITED TO: ATTENDANCE AND SUPERVISION AT CAMPUS EVENTS BOTH DURING THE SCHOOL DAY, IN THE EVENINGS AND ON WEEKENDS AND VACATIONS; BEING AVAILABLE AND PRESENT FOR PARENTS, STUDENTS AND APPLICANTS, AND INFORMAL SUPERVISION OF THE SECURITY OF THE SCHOOLS' BUILDINGS AND GROUNDS. PART I, LINE 4A SUBSEQUENT TO THE CLOSE OF THE FY ENDING JUNE 30, 2011, IN AN AGREEMENT AND GENERAL RELEASE, BUCKLEY COUNTRY DAY SCHOOL AGREED TO PAY A KEY EMPLOYEE, PM LARSEN, $67,083, LESS LAWFUL DEDUCTIONS. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT MAINTAIN FORMAL MEETING MINUTES FOR THE COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW, COMMENT AND DISCUSSION WITH THE INDEPENDENT AUDITORS. AFTER THIS REVIEW, A FINAL DRAFT OF THE 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES WITH A RECOMMENDATION FROM THE AUDIT COMMITTEE TO FILE WITH THE IRS. THE BOARD OF TRUSTEES IS AFFORDED AMPLE TIME TO REVIEW THE DOCUMENT IN ADVANCE OF A REGULARLY SCHEDULED BOARD MEETING. THE AUDIT CHAIR PROVIDES AN OVERVIEW OF THE DRAFT AND ENTERTAINS QUESTIONS FROM THE BOARD. AFTER ALL QUESTIONS HAVE BEEN ASKED AND ANSWERED; THE AUDIT COMMITTEE CHARGES THE CFO TO FILE THE DOCUMENT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF THE POLICY, THE BOARD IS REQUIRED ANNUALLY TO SIGN AN ANNUAL DISCLOSURE STATEMENT INDICATING THAT THEY HAVE RECEIVED, UNDERSTAND, AND AGREE TO COMPLY WITH THE POLICY. THE BOARD REVIEWS THESE SIGNED STATEMENTS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 UPON HIRING, THE HEADMASTER'S INITIAL COMPENSATION IS ESTABLISHED BY THE BOARD EXECUTIVE COMMITTEE; COMPRISED OF THE BOARD CHAIR AND SEVERAL OTHER LONG-STANDING BOARD MEMBERS WHO ARE INDEPENDENT OF THE INDIVIDUAL BEING HIRED. IN DETERMINING THIS COMPENSATION, THE COMMITTEE REVIEWS THE INDIVIDUAL'S PROFESSIONAL EXPERIENCE AND PRIOR SALARY HISTORY, AND REFERS TO CURRENT NYSAIS, NAIS, GUIDESTAR AND SIMILAR SALARY INFORMATION, AS A BENCHMARK FOR COMPENSATION FOR SIMILAR POSITIONS. ANNUALLY, THE HEADMASTER'S COMPENSATION IS REVIEWED AND BENCHMARKED WITH PEER INSTITUTIONS OPERATING SIMILAR BUSINESSES IN THIS REGION. KEY EMPLOYEE COMPENSATION UPON HIRING, THE INITIAL COMPENSATION FOR KEY EMPLOYEES IS DETERMINED BY THE HEADMASTER, AFTER REVIEWING THE INDIVIDUAL'S PROFESSIONAL EXPERIENCE, CREDENTIALS AND PRIOR SALARY HISTORY. THE HEADMASTER REFERS TO INDUSTRY BENCHMARKING TOOLS TO ASSIST IN ESTABLISHING A SALARY FOR ALL KEY EMPLOYEES. ANNUALLY, EACH KEY EMPLOYEE PARTICIPATES IN A REVIEW PROCESS WITH THE HEADMASTER AND SALARY MODIFICATIONS ARE OUTLINED IN A LETTER OF AGREEMENT. KEY EMPLOYEE SALARIES ARE INCLUDED IN THE SCHOOL'S BUDGET IN DESIGNATED DEPARTMENT LINE ITEMS; INCLUDED WITH OTHER EMPLOYEES WHO ALSO SERVE IN THOSE SPECIFIC DEPARTMENTS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL INFORMATION INCLUDING TAX RETURNS, FORMS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 124,029.