2011-02-09T11:02:12-06:00 2010-06-30 HOLTZ RUBENSTEIN REMINICK LLP 125 BAYLIS ROAD MELVILLE NY 117473823 990 2009-07-01 116112414 THE STONY BROOK SCHOOL STON 6317511800 1 CHAPMAN PARKWAY STONY BROOK NY 117901799 TIMOTHY B CROMWELL 6317511800 2011-02-07 1 Gordon Siess 6317527400 2009 2016-02-24 21:20:13Z TIMOTHY B CROMWELL 1 CHAPMAN PARKWAY STONY BROOK NY 11790 24556172 0 X WWW.STONYBROOKSCHOOL.ORG X 1922 NY THE STONY BROOK SCHOOL IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL (GRADES 7 - 12). 17 16 221 0 25976 24976 1461176 1450706 10661790 10538592 -1774718 1018584 68754 93444 10417002 13101326 1935500 1770675 0 5176061 4793122 40176 26125 718391 5655122 5121522 12806859 11711444 -2389857 1389882 35183256 36768476 4024934 3935972 31158322 32832504 The Stony Brook School is an independent college preparatory school (grades 7 - 12) that exists to challenge young men and women to know Jesus Christ as Lord, to love others as themselves, and to grow in knowledge and skill, in order that they may serve the world through their character and leadership. 0 0 9361478 1770675 10037620 EDUCATION OF BOARDING AND DAY STUDENTS IN GRADES 7-12. ENROLLMENT IS APPROXIMATELY 315 STUDENTS. 371282 491968 EDUCATION PROGRAMS INCLUDING TUTORIAL, ACADEMIC CLASSES, SPORTS, MARINE PROGRAMS, AND COMPUTER COURSES FOR STUDENTS DURING SIX WEEKS IN THE SUMMER. 9732760 1 1 0 0 0 0 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 1 0 0 0 0 0 0 0 0 1 38 0 1 221 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 17 16 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X Timothy B Cromwell cfo 6319411560 c/o The Stony Brook School 1 STONY BROOK NY 11790 SIERD TILMA 5.00 X X 0 0 0 S MICHAEL KOH 3.00 X X 0 0 0 WALLACE L LARSON 4.00 X X 0 0 0 J DOUGLAS KIRK 3.00 X X 0 0 0 SHARON A BOTTOMLEY 2.00 X 0 0 0 ALAN J CHAPMAN 2.00 X 0 0 0 JOHN H HAILE 2.00 X 0 0 0 JACK R HALL 2.00 X 0 0 0 DAVONNE HELMER 2.00 X 0 0 0 JOHN A JOHNSON 3.00 X 0 0 0 ELAINE M KANAS 2.00 X 0 0 0 NORMAN A KOOP 2.00 X 0 0 0 KEVIN J KOUBEK 3.00 X 0 0 0 STEPHEN E NEWTON 2.00 X 0 0 0 DAVID A ROBINSON 2.00 X 0 0 0 DANIEL C YATES 2.00 X 0 0 0 ROBERT E GUSTAFSON JR 40.00 X X 181220 0 9661 TIMOTHY B CROMWELL 40.00 X 98260 0 20379 279480 0 30040 1 0 1 0 FPF CONSTRUCTION CO 319 FIRST AVENUE STJAMES NY 11780 BUILDING CONSTRUCTION 968876 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B-7 TOWSON MD 21204 FOOD SERVICE MANAGEMENT 789656 AS A WHISTLE CLEANING SERVICE PO BOX 536 EAST SETAUKET NY 11733 CUSTODIAL SERVICES 416700 STAFFORD ASSOCIATES 24 HUB ROAD SETAUKET NY 11733 COMPUTER & NETWORK SERVICES 281749 4 15185 1435521 547488 1450706 TUITION 611710 9556802 9556802 SUMMER PROGRAMS 611710 491968 491968 STUDENT FEES 611710 489822 489822 10538592 261135 261135 12152235 11394786 757449 757449 25976 731473 11190 15185 8985 2205 2205 3055 85 2970 2970 39016 50990 -11974 -11974 MISCELLANEOUS 900099 100243 100243 100243 13101326 10529588 25976 1095056 1770675 1770675 309520 309520 2993825 2437056 325519 231250 173 173 1230100 1032043 76667 121390 259504 196699 44088 18717 26125 26125 508259 312319 86529 109411 23819 15534 8285 309358 85327 149444 74587 170734 115656 35896 19182 541858 484029 49834 7995 146581 94591 23346 28644 23506 19480 3523 503 28221 7274 20947 213937 175399 16211 22327 TAX AND LICENSES 7142 4802 2340 0 FOOD SERVICE 843549 843549 0 0 SECURITY AND CUSTODIAL 567901 507293 52229 8379 NON-CAPITALIZED PLANT 377834 338379 34000 5455 SUMMER PROGRAMS 371282 371282 0 0 987541 928474 35588 23479 11711444 9732760 1260293 718391 701265 649257 886979 1668955 1859974 1281166 270549 77678 75408 65270 247308 132036 19345365 18806631 19345365 9313942 9272876 2880840 4128613 140360 147260 35183256 36768476 594940 410045 3048085 3200959 130489 99527 251420 225441 4024934 3935972 X 16038216 17950048 2734079 2088720 12386027 12793736 31158322 32832504 35183256 36768476 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11430114 407709 883448 12721271 14370621 236426 -3176933 11430114 1.00000 0 0 508612 508612 13180271 13180271 4141785 4141785 1514697 1514697 19345365 CASH DESIGNATED FOR ENDOWMENT 1070493 C CASH RESTRICTED FOR CAPITAL INVESTMENTS 472577 C LIMITED PARTNERSHIP 1351667 F REAL ESTATE INVESTMENT 1233876 C 4128613 CHARITABLE GIFT ANNUITIES 174711 AGENCY FUNDS 50730 225441 13101326 11711444 1389882 387334 -103034 284300 1674182 11665941 387334 50990 438324 11227617 103034 1770675 1873709 13101326 9991759 50990 50990 9940769 1770675 1770675 11711444 Part V, Line 4: Description of Intended Use of Endowment Funds: UTILIZED TO FUND VARIOUS PROGRAM ACTIVITIES WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. Part X: Description of Uncertain Tax Positions Under FIN 48: UNCERTAIN TAX POSITIONS - AS OF JUNE 30, 2010 THE SCHOOL DOES NOT BELIEVE IT HAS ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. Part XII, Line 2d - Other Adjustments: COST OF GOODS SOLD: 50990. Part XII, Line 4b - Other Adjustments: SCHOLARSHIPS: 1770675. Part XIII, Line 2d - Other Adjustments: COST OF GOODS SOLD: 50990. Part XIII, Line 4b - Other Adjustments: SCHOLARSHIPS: 1770675. 1 1 1 THE ADMISSIONS OFFICE PUBLISHES THE NON-DISCRIMINATORY POLICY AT LEAST ANNUALLY IN SEVEN LOCAL NEWPAPERS SERVING SUFFOLK COUNTY AND LONG ISLAND. THE POLICY IS ALSO INCLUDED IN THE SCHOOL VIEWBOOK WHICH IS THE PRIMARY ADMISSIONS PUBLICATION. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 X X X X X 1 CHANGING OUR WORLDINC CAMPAIGN ADVICE 0 0 15750 0 THE FOCUS GROUP LLC CAMPAIGN ADVICE 0 0 10375 0 26125 NY MAIN EVENT 26375 15185 11190 7860 1125 26375 15185 11190 7860 1125 8985 2205 1 FINANCIAL AID 109 1770675 PARENT FINANCIAL STATEMENT ASSESSED BY SCHOOL & STUDENT SRVCS DEPT OF NAIS. NEED BASED FINANCIAL AID. Other Information: Part IV: GRANTS ARE IN THE FORM OF NON-CASH SCHOLARSHIPS OR FINANCIAL AID USED SOLELY TO REDUCE TUITION. X 0 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT E GUSTAFSON JR 172830 0 0 0 8390 0 0 0 9661 0 190881 0 0 0 Part I, Line 1a THE SCHOOL IS A BOARDING-DAY SCHOOL THAT OPERATES 24/7 AND AS SUCH REQUIRES THE HEADMASTER AND ALL FACULTY AND KEY ADMINISTRATORS TO LIVE ON CAMPUS IN SCHOOL OWNED HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE INSTITUTION IN CARRYING OUT ITS MISSION AND PURPOSE. X 8 547488 AVG. FMV AT GIFT DATE 0 1 1 Third Party Use: Part I, Line 32b: THE ORGANIZATION USES BROKERS TO SELL STOCKS GIFTED TO THE ORGANIZATION. Form 990, Part VI, Section A, line 3 THE MANAGEMENT OF THE FOOD SERVICE OPERATION AT THE SCHOOL WAS CONTRACTED OUT TO SAGE DINING SERVICES, INC. THE MANAGEMENT OF THE CUSTODIAL SERVICE AT THE SCHOOL WAS CONTRACTED OUT TO AS A WHISTLE CLEANING SERVICE. Form 990, Part VI, Section B, line 11 AN ADHOC COMMITTEE COMPRISED OF MEMBERS OF THE EXECUTIVE AND FINANCE COMMITTEES OF THE BOARD OF TRUSTEES MEETS WITH THE PARTNER OF THE AUDITING FIRM TO REVIEW THE COMPLETED FORM 990 AND APPROVE THE FORM FOR FILING ON BEHALF OF THE BOARD. BOARD OF TRUSTEE MEMBERS WILL RECEIVE COPIES OF THE FORM 990 THAT IS FILED. Form 990, Part VI, Section B, line 12c IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE CONFLICT OF INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF TRUSTEES OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE SCHOOL'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. Form 990, Part VI, Section B, line 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE TO CONDUCT PERFORMANCE REVIEW OF THE HEADMASTER (CEO) AND DISCUSS THE TERMS OF THE ANNUAL EMPLOYMENT CONTRACT HE/SHE WILL RECEIVE. GUIDANCE IS PROVIDED FOR SETTING COMPENSATION FROM EDUCATIONAL SALARY INFORMATION OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS FOR SCHOOLS OF COMPARABLE SIZE AND HEADS WITH COMPARABLE EXPERIENCE. THE PRESIDENT OF THE BOARD THEN NEGOTIATES THE CONTRACT WITH THE HEADMASTER AND INFORMS THE EXECUTIVE COMMITTEE WHEN IT IS FINALIZED. 15B - THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED ANNUALLY BY THE HEADMASTER OF THE SCHOOL BASED ON EMPLOYEE PERFORMANCE REVIEWS AND SALARY RANGES FOR ADMINISTRATIVE POSITIONS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT PUBLISHED. THE CONFLICT OF INTEREST POLICY WILL BE INCLUDED IN THE GENERAL EMPLOYEE HANDBOOK. IF A PERSON WANTED TO SEE DOCUMENTS, POLICY, AND/OR FINANCIAL STATEMENTS, THEY WOULD BE MADE AVAILABLE FOR REVIEW IN THE BUSINESS OFFICE OF THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 14 A WRITTEN POLICY ON DOCUMENT RETENTION AND DESTRUCTION THAT FORMALIZES CURRENT PRACTICE WILL BE IMPLEMENTED IN THE NEAR FUTURE. IN PRACTICE, THE ORGANIZATION DOES HAVE A LIST OF LEGAL GUIDELINES THAT ARE USED BY ADMINISTRATIVE OFFICES FOR MAKING RECORD RETENTION DECISIONS. DOCUMENTS THAT ARE NOT TO BE RETAINED ARE GATHERED ANNUALLY FROM ALL SCHOOL OFFICES BY THE BUSINESS OFFICE AND DESTROYED BY AN OUTSIDE COMPANY.