2011-01-31T15:27:16-07:00 2010-06-30 990 2009-07-01 133603578 BIRCH WATHEN LENOX SCHOOL BIRC 2128610404 210 East 77th Street New York NY 10075 Frank Carnabuci 2128610404 2011-01-06 2009 2016-02-24 21:20:13Z Philip Sassower c/o Birch Wathen Lenox School 210 East 77th Street New York NY 10075 21391895 0 X bwl.org X 1991 NY Educational programs for students K-12th grade 14 14 177 100 0 0 1454515 2205894 17929112 18800331 40592 18640 146935 253022 19571154 21277887 2734095 3016569 0 0 11103209 11921651 0 0 170510 5576996 5414971 19414300 20353191 156854 924696 34980381 35635945 21755166 22237261 13225215 13398684 Educational programs for students K-12th grade 0 0 13805375 3016569 18800331 Elementary and secondary education: Provided quality, nurturing education for 548 students K through 12. 0 0 0 13805375 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 177 1 0 0 0 0 1 1 1 1 0 0 0 1 1 14 14 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 NY X The Birch Wathen Lenox School 2128610404 210 East 77th Street New York NY 10075 Diane McKoy 1 X 0 0 0 Judith DeCanio 1 X 0 0 0 Stephen Cooper 2 X X 0 0 0 Peter Block 1 X 0 0 0 Stephanie Kossar Stuart 1 X 0 0 0 Robin Neiger 1 X 0 0 0 Alana Frumkes 1 X X 0 0 0 Margaret Lehman 2 X X 0 0 0 Neil Benedict 1 X 0 0 0 Linda Weinman 1 X 0 0 0 Thomas Boczar 1 X 0 0 0 Andrea Fayer 1 X 0 0 0 Theza Griesman 1 X 0 0 0 Philip Sassower 3 X X 0 0 0 Laurie Schwartz 1 X 0 0 0 Alice Katz Berglas 1 X 0 0 0 Frank Carnabuci 40 X 341520 0 51228 Janine Hopley Karbon 40 X 200291 0 30044 Ann Glickman 40 X 190801 0 28620 Richard Pan 40 X 143552 0 21533 Susan Leonard 40 X 119585 0 17938 Kevie Michael 40 X 132606 0 19891 1128355 0 169254 1 0 1 0 0 0 0 100000 0 116710 1989184 0 2205894 GROSS TUITIONS 611110 17935774 17935774 0 0 ACTIVITY AND LUNCH FEES 611110 864557 864557 0 0 0 0 0 0 18800331 18640 0 0 18640 0 0 0 0 0 0 0 0 151655 0 0 0 151655 0 151655 0 0 151655 0 0 215375 100000 114008 101367 0 0 101367 0 21277887 18800331 0 271662 0 3016569 3016569 732612 732612 8963422 6080354 2768722 114346 363427 227904 135523 1151849 722321 429528 710341 465147 245194 27711 27711 34700 34700 114593 58429 56164 267522 267522 48881 48881 70810 70810 931812 633029 298783 1485408 1009115 476293 85596 85596 INSTRUCTIONAL MATERIALS AND SUPPLIES 302322 302322 0 0 STUDENT ACTIVITY COSTS 385848 385848 0 0 ATHLETICS 220998 220998 0 0 LUNCH PROGRAM 670958 670958 0 0 BAD DEBT 144342 0 144342 0 623470 623470 20353191 13805375 6377306 170510 4929234 5146082 2000000 2000000 2239978 2213835 524080 734741 228881 206756 34271779 11478258 23993386 22793521 43107 1560661 0 1021715 980349 34980381 35635945 1043522 1229935 4615035 4938860 15070000 14715000 1026609 1353466 21755166 22237261 X 11001912 11618067 1970063 1522877 253240 257740 13225215 13398684 34980381 35635945 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 253240 4500 1250 1250 0 0 257740 200000 53240 2690 2690 0 0 253240 0 1 0 0 0 0 300000 300000 0 30067524 9537436 20530088 0 0 0 0 0 1271158 740643 530515 0 2633097 1200179 1432918 22793521 DEFERRED FINANCING COSTS 980349 980349 SWAP LIABILITY 1353466 1353466 21277887 20353191 924696 -504840 0 0 0 -246387 -751227 173469 17952845 0 0 0 14008 14008 17938837 322481 3016569 3339050 21277887 17532989 0 0 0 196367 196367 17336622 0 3016569 3016569 20353191 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Interest on donor-restricted endowment is used to fund special scholarship. SchD_P10_S00_L00 Schedule D, Part X POSITION ON INTEREST RATE SWAPS SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Bad debt loss and effect of pension plan accounting change. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Certain special event income netted against revenues on 990. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Financial aid, scholarships and awards are netted against tuition revenues in the financial statements. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Special events expenses and certain other expenses netted against revenue on form 990. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Financial aid, scholarships and awards are netted against tuition revenues in financial statements. 1 1 1 The Birch Wathen Lenox School publishes its racially nondiscriminatory policy annually in a major New York City newspaper. Our policy is also published in all admissions materials. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The Birch Wathen Lenox School received reimbursement for New York State mandated services. 1 ANNUAL GALA 215375 100000 115375 0 0 25000 85000 3500 508 0 0 215375 100000 115375 0 0 25000 85000 3500 508 114008 1367 1 NEED-BASED SCHOLARSHIPS FOR STUDENTS 94 2694617 0 Scholarship awarded for academic excellence 9 194490 0 Tuition remission for employee children 16 516442 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The School grants these funds to cover the cost of tuition for individuals who need financial assistance, for children of School employees and for individuals whose academic performance has merited a grant. The School requires periodic updates of financial information for individuals who receive need-based grants. X X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 Frank Carnabuci 341520 0 0 0 0 0 10050 0 10000 0 361570 0 0 0 Janine Hopley Karbon 200291 0 0 0 0 0 10087 0 10000 0 220378 0 0 0 Ann Glickman 190801 0 0 0 0 0 10227 0 10000 0 211028 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The Headmaster receives a discretionary spending account in the amount of $6,000. Club dues at the Headmaster's university club are also paid by the School, in the amount of approximately $1,600. SchJ_P01_S00_L01b Schedule J, Part I, Line 1b These are consistent, limited and budgeted items. NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY THE BIRCH WATHEN LENOX SCHOOL PROJECT 132906040 64971C3T9 2004-12-09 15750000 ADDITION TO SCHOOL BUILDING 0 0 15750000 7094 0 0 0 0 15742906 2005 0 0 1 1 0 0 0 0 1 0 0 0 1 0 1 1 ALLIED IRISH BANK 2013 0 0 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Two of our trustees (Philip Sassower, Stephen Cooper) have occasional business dealings with one another. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The Director of Finance prepares the return, and the Headmaster reviews it. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The School's conflict of interest policy covers Trustees and key employees of the School. A committee, designated by the Board of Trustees, is responsible for reviewing potential conflicts of interest and determining whether conflicts exist. The policy states that "A voting member of the Board or of any committee who receives compensation, directly or indirectly, from the School or its affiliates for services is precluded from voting on any matters pertaining to that person's compensation." Forms are required to be signed by all Trustees and key employees on an annual basis outlining any possible conflict of interest. Vendor relationships are monitored by the Headmaster and the Chief Financial Officer of the School on an ongoing basis in order to identify any potential conflicts and refer them to the committee. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Headmaster compensation is decided upon by the full Board of Trustees, based on information about other Head salaries in comparable institutions. The decision is recorded in the minutes and transmitted in writing. This process was later undertaken in December 2009. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 We furnish copies of these documents upon request. More time was needed to gather information.