2011-05-11T20:18:31-05:00 2010-06-30 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2009-07-01 131740484 Rye Country Day School RYEC 9149671417 post road cedar street rye NY 10580 Peter Crowley 9149671417 2011-05-04 1 FREDERICK H ROTHMAN 2128674000 2009 2016-02-24 21:20:13Z Peter Crowley post road cedar street rye NY 10580 37553355 0 X www.ryecountryday.org X 1922 NY rye country day school is a co-educational college preparatory school dedicated to providing students from pre-kindergarten through grade twelve with a challenging program using both traditional and innovative approaches. 25 25 294 60 0 0 3323389 5870299 26535447 28006264 1008491 867606 141052 236709 31008379 34980878 3250480 3451084 0 18593285 19376922 7692 8969 647638 7932121 7971134 29783578 30808109 1224801 4172769 95178922 100517162 21218173 20355528 73960749 80161634 Rye Country Day School (the School) is a not-for-profit organization exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. The School operates a coeducational college preparatory independent school dedicated to providing students from pre-kindergarten through grade twelve with a challenging program using traditional and innovative approaches. The School has an enrollment of 877 students. The School's primary funding is through tuition revenue, fees and contributions. 0 0 26513146 3451084 28006264 Rye Country Day School is a highly competitive college preparatory school where students continue to achieve outstanding results on advanced placement exams, as well as the SATs and ACTs. This academic excellence, in turn, supports a very successful matriculation rate at many of the nation's top colleges and universities. Rye Country Day School has continued to enjoy a healthy financial position as a result of strong admissions demand, full enrollment, prudent financial management, and generous fundraising support. This healthy financial position has enabled the school to maintain its extensive need-based financial aid program that provides $3,451,084 to 122 students throughout the school. The school has developed a comprehensive school-wide diversity plan that identifies diversity initiatives related to student recruitment and support, parent support, school leadership, curriculum, faculty recruitment and support, professional development, and community building. There continues to be a significant progress in each area as the school completes the third year of the diversity plan. 26513146 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 61 0 1 294 1 0 0 0 0 0 1 1 0 0 0 25 25 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X Robert Z Brody 9149254518 Post Road and Cedar Street Rye NY 10580 Marlene Di Chiacchio 3.00 X X 0 0 0 Cynthia McClintock 3.00 X X 0 0 0 Peter Crowley 3.00 X X 0 0 0 Kim W Wagman 1.00 X X 0 0 0 Jane Alpert 1.00 X 0 0 0 Jeffrey Aronson 1.00 X 0 0 0 Peter Beshar 2.00 X 0 0 0 Richard W Clary 1.00 X 0 0 0 Kenneth Cole 1.00 X 0 0 0 Patti Conner 2.00 X 0 0 0 Nicole Granston 1.00 X 0 0 0 Allen Green 1.00 X 0 0 0 Sarah Mariani 1.00 X 0 0 0 Martha McDade 2.50 X 0 0 0 Laurence D Paredes 1.00 X 0 0 0 Kenneth D Pollinger 1.00 X 0 0 0 Beth S Rattner 1.00 X 0 0 0 Ann Reese 1.00 X 0 0 0 Rodney J Reynolds 1.00 X 0 0 0 Robert Salomon Jr 2.00 X 0 0 0 Ronald Schliftman 1.00 X 0 0 0 Robert Sobel 1.00 X 0 0 0 Farrel Starker 1.00 X 0 0 0 Amy Stavis 2.00 X 0 0 0 JEff hammel 1.00 X 0 0 0 Scott A Nelson 55.00 X 381769 0 255482 Robert Z Brody 45.00 X 170258 0 21753 Corinne Grandolfo 40.00 X 169187 0 42353 Rosita Fernandez-Rojo 40.00 X 147064 0 72314 Virginia Rowen 40.00 X 142069 0 17961 Frederick Bartels 40.00 X 140384 0 30620 Barbara Shea 40.00 X 138281 0 11016 1289012 0 451499 30 0 1 0 DHI Construction Services Inc 37-47 57th Street Woodside NY 11377 Construction 4378179 Flik International Corporation PO Box 91337 chicage IL 60693 Food management company 708674 Sodexho Inc & Affiliates PO Box 81049 Woburn MA 01813 Facilities management company 411494 Peter Gisolfi Associates 566 Wartburton Ave Hastings on the hudson NY 10706 Architecture 315258 County Coach corporation PO Box 261 Rye NY 10580 Transportation 236566 7 115791 302021 5452487 193153 5870299 Tuition 611600 25044750 25044750 ancillary programs 611600 2505393 2505393 education and general 611600 456121 456121 28006264 830473 830473 83468 11921 71547 71547 71547 2418422 2381289 37133 37133 37133 341054 115791 179267 161787 161787 miscellaneous 900099 3375 3375 3375 34980878 28006264 0 1104315 3451084 3451084 624294 603530 20764 14932195 13302592 1354475 275128 766471 693525 59043 13903 1886635 1701502 159557 25576 1167327 1020105 127198 20024 92582 34565 58017 53550 53550 8969 8969 679777 506338 156735 16704 26549 2288 24261 1281560 856079 279385 146096 316950 283883 19041 14026 1454016 1214719 224744 14553 891020 868676 12723 9621 141811 124237 5024 12550 68042 68042 1618731 1485562 133169 140576 117125 23451 food 793990 693460 38841 61689 bond amortization and f 139437 139437 BAd debt expense 97000 97000 Staff recruitment 73242 73242 Miscellaneous 56151 15617 32499 8035 46150 44789 1361 30808109 26513146 3647325 647638 3275131 1341431 10751690 12341669 5010581 4203889 171590 28979 539624 582713 667320 594285 74957462 21582108 49086866 53375354 24759791 24986781 916329 2899052 163009 95178922 100517162 2521180 3320418 8896993 9485110 9800000 7550000 21218173 20355528 X 52621348 60386447 8291635 5796992 13047766 13978195 73960749 80161634 95178922 100517162 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19816666 952710 2389794 833035 22326135 23925223 449736 -3751419 806874 19816666 0.38000 0.62000 0 0 9524930 9524930 46826561 14435317 32391244 5059561 1217984 3841577 13546410 5928807 7617603 53375354 34980878 30808109 4172769 2028116 2028116 6200885 33569831 2020270 19767 2040037 31529794 3451084 3451084 34980878 27368946 11921 11921 27357025 3451084 3451084 30808109 Part V, Line 4: Description of Intended Use of Endowment Funds: Income from the endowment funds are expendable to support the following: Action Program- 448,751; Faculty Support- 4,717,158; School Programs- 3,433,201; Scholarship- 5,379,085. Part X: Description of Uncertain Tax Positions Under FIN 48: Effective July 1, 2009, the School adopted the provision pertaining to uncertain tax positions (ASC Topic 740) and has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Part XII, Line 2d - Other Adjustments: change in value of beneficial interest in remainder trust: 7846. rental expense: 11921. Part XII, Line 4b - Other Adjustments: financial aid: 3451084. Part XIII, Line 2d - Other Adjustments: rent expense: 11921. Part XIII, Line 4b - Other Adjustments: financial aid: 3451084. 1 1 1 a notice of our policy on non-discrimination is annually published in a newspaper of general circulation within our geographic region. in addition the policy is printed in our educational materials and our website 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE SCHOOL RECEIVES NEW YORK STATE AID MONIES FOR ATTENDANCE TAKING. 1 Art Reception 111000 108800 2200 6946 214 Fall Bookfair 116434 5130 111304 2861 5159 110490 2 229411 1861 227550 3462 4192 45943 456845 115791 341054 6323 16297 156647 179267 161787 1 Scholarships for students 122 3451084 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Families who are in need of financial aid are required to submit a financial aid application every year. The application consists of copies of the parent(s)'s most recent federal tax return and W-2, a family letter which provides a brief description of the family's financial circumstance and a signed 4506-T. Aside from these documents, families are required to submit a completed Parents Financial Statement (PFS) to School and Student Services (SSS). SSS processes the family's PFS and provides Rye Country Day School aid recommendation. Rye Country Day School grants aid to families based on SSS assessment as well as on the additional information provided in the application. X X 0 0 X X X X X X 0 1 0 0 0 0 0 0 0 Scott A Nelson 381769 0 0 0 0 0 159877 0 95605 0 637251 0 0 0 Robert Z Brody 170258 0 0 0 0 0 9962 0 11791 0 192011 0 0 0 Corinne Grandolfo 169187 0 0 0 0 0 28800 0 13553 0 211540 0 0 0 Rosita Fernandez-Rojo 147064 0 0 0 0 0 7823 0 64491 0 219378 0 0 0 Virginia Rowen 142069 0 0 0 0 0 10994 0 6967 0 160030 0 0 0 Frederick Bartels 140384 0 0 0 0 0 11132 0 19488 0 171004 0 0 0 Supplemental Information Part III HOUSING IS PROVIDED AS A NON TAXABLE BENEFIT FOR SCOTT A. NELSON, HEADMASTER AND ROSITA FERNANDEZ-ROJA, DIRECTOR OF COLLEGE COUNSELING, AS A CONDITION OF EMPLOYMENT AND CONVENIENCE OF EMPLOYER. The amount reported in column d, 92,500 represents 5% of the fair market value of the housing for SCOTT A. NELSON. IN ADDITION, CLEANING SERVICES WERE PROVIDED AS A NON TAXABLE BENEFIT FOR SCOTT A. NELSON'S RESIDENCE AND THE PORTION DEEMED AS PERSONAL USAGE WAS TREATED AS TAXABLE. County of Westchester Industrial development agency 521294265 957368fh1 2003-07-01 9800000 athletic center construction 0 1 9800000 9800000 2000 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 Robert Brody Housing X 15000 1500 0 0 1 Robert Brody Personal X 5000 3854 0 0 1 Rosita Fernandez-Rojo Housing X 25000 18062 0 0 1 Rosita Fernandez-Rojo Personal X 5000 4896 0 0 1 Corinne Grandolfo Salary Advance X 5000 667 0 0 1 28979 Susan Nelson Family Member of school headmaster 88310 Employment 0 X 8 191577 selling price X Flowers 1 496 Cost X CD's and DVD's 1 80 Selling price X Music studio 1 1000 Cost X zamboni-ice machine 1 0 1 0 0 1 Method for Determining Number of Contributors: Part I, Column (b): the organization is reporting the number of contributors. Third Party Use: Part I, Line 32b: The security broker sells the securities Non Reporting of Revenue: Part I, Line 33: A Zamboni ice machine valued at $60,000 was donated to the school. It was not reported on the financial statements. Form 990, Part VI, Section A, line 2 Cynthia McClintock and Peter Crowley- Family Relationship Form 990, Part VI, Section A, line 6 The school is a membership corporation whereby each parent of a student has a vote. Form 990, Part VI, Section A, line 7a Each parent of a student has a vote that can be utilized to vote either for or against the slate of proposed trustees in a proxy statement. Form 990, Part VI, Section B, line 11 The Audit Committee reviews the Form 990 and then reports to the Executive Committee and the Board of Trustees electronically before the return is filed with IRS. Form 990, Part VI, Section B, line 12c Annual signed conflict of interest forms are required of all board members and key employees. The statements are reviewed by an executive committee, and if conflict exists, a determination will be made by the committee whether Rye Country Day School can proceed with a transaction based on the underlying facts and circumstances. Form 990, Part VI, Section B, line 15a An executive compensation consultant is hired annually to compare the Headmaster's salary to other comparable schools and then shares the data with the compensation committee. The last process was done in 2009. Form 990, Part VI, Section C, line 19 the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. form 990, page 12, part xi, line 2c THe process has not changed from prior year. FORm 990, schedule k Prior to 6/30/10, the Board of Trustees voted to redeem the bond in full. The redemption took place on July 27, 2010.