2011-05-09T10:58:30-04:00 2010-06-30 MALONEY NOVOTNY LLC 1111 SUPERIOR AVENUE SUITE 700 CLEVELAND OH 44114 990 2009-07-01 340714720 UNIVERSITY SCHOOL UNIV 2169320400 20701 BRANTLEY ROAD SHAKER HEIGHTS OH 44122 DAVID WRIGHT 2011-05-09 CHRISTOPHER B ANDERSON 2163630100 2009 2016-02-24 21:20:13Z 56229557 false X WWW.US.EDU X 1890 OH THE MISSION OF UNIVERSITY SCHOOL IS TO DEVELOP PROMISING AND MOTIVATED YOUNG BOYS INTO ACCOMPLISHED AND INDEPENDENT YOUNG MEN WHO ASPIRE TO MAKE A DIFFERENCE IN THE WORLD. 48 48 462 100 0 0 5238272 8449853 20140066 20728710 -6200340 2203375 6070 12260 19184068 31394198 3153674 3612767 0 0 15643436 15454099 0 0 761741 10604558 8163719 29401668 27230585 -10217600 4163613 99370689 108687076 19569499 20405183 79801190 88281893 THE MISSION OF UNIVERSITY SCHOOL IS TO DEVELOP PROMISING AND MOTIVATED BOYS INTO ACCOMPLISHED AND INDEPENDENT YOUNG MEN WHO ASPIRE TO MAKE A DIFFERENCE IN THE WORLD. THE SCHOOL IS RIGOROUS. OUR PROGRAMS, LED BY CHALLENGING AND SUPPORTIVE FACULTY, PROMOTE INTELLECTUAL, PHYSICAL, CREATIVE, AND MORAL EXCELLENCE. WE BELIEVE THESE GOALS ARE BEST ACHIEVED IN A DIVERSE COMMUNITY WHERE TRADITION IS VALUED AND WHERE EVERY BOY IS KNOWN AND LOVED. false false 23731373 3612767 20728710 PROVIDE INSTRUCTION TO A REGULARLY-ENROLLED STUDENT BODY (KINDERGARTEN THROUGH GRADE 12) FOR WHICH A REGULAR FACULTY AND COLLEGE-PREPARATORY CURRICULUM ARE MAINTAINED. THERE WERE 875 FULL-TIME STUDENTS ENROLLED AT THE SCHOOL DURING THE 2009-2010 SCHOOL YEAR. 23731373 true true false false false false false false true true false true true false false false false false false false false false true true true false false false false false false false false false false true false false false false true true false false true 46 0 true 462 true false true CJ CA OC false false false false false false false 48 48 true false false false false false false true true false false true true true true true true true true false X DAVID J WRIGHT 2169320400 20701 BRANTLEY ROAD SHAKER HEIGHTS OH 44122 Peter W Adams 0.5 X X 0 0 0 Dale Adler 0.5 X 0 0 0 Darrick Antell 0.5 X 0 0 0 Brent Ballard 0.5 X X 0 0 0 Thomas Barry 0.5 X X 0 0 0 Christy Bittenbender 0.5 X 0 0 0 Marc Byrnes 0.5 X X 0 0 0 Arthur L Clements III 0.5 X 0 0 0 David Demuth 0.5 X 0 0 0 Franklin B Floyd Jr 0.5 X 0 0 0 Michael Foust 0.5 X 0 0 0 David Fulton Jr 0.5 X X 0 0 0 Barbara Gratry 0.5 X 0 0 0 James B Griswold 0.5 X X 0 0 0 John A Griswold 0.5 X 0 0 0 Frank I Harding III 0.5 X 0 0 0 C Martin Harris MD 0.5 X 0 0 0 J Jeffrey Heinen 0.5 X X 0 0 0 Richard R Hollington III 0.5 X 0 0 0 Richard A Horvitz 0.5 X 0 0 0 Subar Huang 0.5 X 0 0 0 James Kralik 0.5 X 0 0 0 Richard Marshall 0.5 X 0 0 0 William Matthes 0.5 X 0 0 0 Robert G McCreary III 0.5 X X 0 0 0 Nancy McGinty 0.5 X 0 0 0 Mark Mead 0.5 X 0 0 0 Henry L Meyer III 0.5 X X 0 0 0 Dan T Moore III 0.5 X X 0 0 0 Brian Murphy 0.5 X 0 0 0 William Oberndorf 0.5 X 0 0 0 Donald C Opartny Jr 0.5 X 0 0 0 David Outcalt 0.5 X 0 0 0 Jon Outcalt 0.5 X X 0 0 0 Larry Pollock 0.5 X 0 0 0 Ann Ranney 0.5 X 0 0 0 Jeremiah Robins 0.5 X 0 0 0 Mitchel Sanborn 0.5 X 0 0 0 William Schweitzer 0.5 X 0 0 0 John Sinnenberg 0.5 X 0 0 0 Christopher Smythe 0.5 X X 0 0 0 Frederick Stueber II 0.5 X X 0 0 0 J D Sullivan Jr 0.5 X 0 0 0 Steven J Terrell 0.5 X 0 0 0 Neil Thompson 0.5 X 0 0 0 Thomas Tormey 0.5 X X 0 0 0 John Turben 0.5 X X 0 0 0 Tyler Zachem 0.5 X 0 0 0 Steve Murray 40.0 X 300334 0 122019 David Wright 40.0 X 144244 0 28148 Donald Molten 40.0 X 138000 0 25224 William O'Neil 40.0 X 126750 0 24789 Clark Wight 40.0 X 150000 0 49871 Jonathan Bridge 40.0 X 169300 0 44789 Gail Stein 40.0 X 113540 0 22642 1142168 0 317482 8 false true false JP COMPASS CONSULTING AND CONSTRUCT 11993 RAVENNA RD - SUITE 1A CHARDON OH 44024 CONSULTING 440182 WARREN ROOFING 7015 KRICK ROAD WALTON HILLS OH 44146 ROOFING 181005 CENTERBROOK ARCHITECTS 67 MAIN STREET PO BOX 955 CENTERBROOK CT 06409 ARCHITECTUAL 106877 6 2116934 186951 6145968 288438 8449853 ACADEMIC TUITION 900099 17665150 17665150 STUDENT FEES 900099 2206098 2206098 AUXILIARY FUNCTIONS 900099 857462 857462 20728710 2076417 2076417 0 0 12260 12260 12260 12260 24962317 24835359 126958 126958 126958 0 0 0 0 31394198 20728710 2215635 0 3612767 3612767 0 0 530984 132746 265492 132746 0 11181690 9471190 1297957 412543 1053820 843056 179149 31615 1802440 1441952 306415 54073 885165 708132 150478 26555 0 52533 49906 2627 116796 110956 5840 0 0 0 32606 30976 1630 246974 246974 580318 464254 116064 380809 380809 0 0 0 0 0 655561 655561 0 1861950 1861950 136683 136683 UTILITIES 856738 856738 AUXILIARY OPERATIONS 854433 854433 FOOD & SUPPLIES 474868 474868 PRINTING & PUBLICATIONS 444307 355445 44431 44431 OTHER OPERATING EXPENSES 440425 396383 22021 22021 1028718 837432 163626 27660 27230585 23731373 2737471 761741 1657350 2943222 2630030 2908586 410607 460663 233411 193948 787662 655661 63495750 29741590 34194268 33754160 39589170 31798510 19858338 35785019 9853 187307 99370689 108687076 1480231 1613766 1976368 1739432 15535000 16564285 577900 487700 19569499 20405183 X 38811983 46452169 9956368 10492428 31032839 31337296 79801190 88281893 99370689 108687076 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 54685456 1042157 6421863 3749103 58400373 69913995 1729442 -12012700 4945281 54685456 0.46864 0.53136 0.00000 false false 2691144 2691144 58669387 27937135 30732252 2135219 1804455 330764 33754160 ALTERNATIVE INVESTMENTS 28791660 F BENEFICIAL INTEREST IN TRUST 2789481 F BENEFICIAL INTEREST IN ESTATE 4203878 F 35785019 0 0 31394198 27230585 4163613 4317090 4317090 8480703 INTENDED USE OF ENDOWMENT FUNDS, PART V, LINE 4: INCOME FROM ENDOWMENT FUNDS AND BOARD-DESIGNATED FUNDS IS APPROPRIATED BASED ON AN APPROVAL PROCESS THROUGH THE BOARD OF TRUSTEES. SPECIFIC COMMITTEES RECOMMEND AMOUNTS TO BE DISBURSED FROM THE ACCUMULATED EARNINGS OF THE ENDOWMENT FUNDS, WHICH ARE THEN APPROVED FOR APPROPRIATION BY THE BOARD OF TRUSTEES. ENDOWMENT FUNDS DISBURSEMENTS ARE USED TO FURTHER THE EXEMPT EDUCATIONAL PURPOSES OF THE SCHOOL. FIN 48 FOOTNOTE, PART X, LINE 2: INCOME TAXES - THE SCHOOL AND THE ASSOCIATION (A RELATED ORGANIZATION INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS) ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. THEY BELIEVE THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL'S AND THE ASSOCIATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. true true true THE SCHOOL'S ADMISSION POLICIES ARE PUBLISHED IN FIVE MAJOR NEWSPAPERS EACH YEAR IN ACCORDANCE WITH REV. PROC. 75-50. true true true true false false false false false false false false true false THE SCHOOL RECEIVES ALLOCATIONS FROM THE STATE OF OHIO UNDER THE AUXILIARY SERVICES PROGRAM, WHICH PROVIDES TEXTBOOKS, MATERIALS, REIMBURSEMENTS OF CERTAIN ADMINISTRATIVE COSTS, AND FOOD TO STUDENTS. true true STUDENT FINANCIAL AID 260 3612767 MONITORING USE OF GRANT FUNDS PART I, LINE 2: UNIVERSITY SCHOOL GRANTS SCHOLARSHIPS ON AN AS-NEEDED BASIS WITHOUT REGARD TO RACE, RELIGION, OR CREED. ALL STUDENTS WHO PASS AN ENTRANCE EXAM ARE ELIGIBLE TO APPLY FOR FINANCIAL AID. APPLICATIONS ARE REVIEWED BY AN OUTSIDE AGENCY AND RECOMMENDATIONS ARE COMMUNICATED TO THE SCHOOL'S FINANCIAL AID COMMITTEE. THE COMMITTEE MEETS AND REVIEWS THE RECOMMENDATIONS AND AWARDS THE SCHOLARHSIPS ACCORDINGLY. X X X X false true X X X X false true false false false false false false false Steve Murray 233473 0 0 0 66861 0 63348 0 58671 0 422353 0 0 0 David Wright 144244 0 0 0 0 0 14377 0 13771 0 172392 0 0 0 Donald Molten 138000 0 0 0 0 0 13832 0 11392 0 163224 0 0 0 William O'Neil 126750 0 0 0 0 0 12675 0 12114 0 151539 0 0 0 Clark Wight 135000 0 0 0 15000 0 15000 0 34871 0 199871 0 0 0 Jonathan Bridge 154000 0 0 0 15300 0 16958 0 27831 0 214089 0 0 0 BENEFITS PROVIDED TO CERTAIN EMPLOYEES, PART 1, LINE 1A: TRAVEL FOR COMPANIONS: STEVE MURRAY'S WIFE RECEIVES REIMBURSEMENTS FOR TRAVEL EXPENSES FROM THE SCHOOL ONLY WHEN THERE IS A BUSINESS PURPOSE FOR HER ACCOMPANYING HER HUSBAND ON TRIPS. THESE REIMBURSEMENTS ARE NOT TREATED AS TAXABLE INCOME TO MR. MURRAY. HOUSING ALLOWANCE: THE SCHOOL PROVIDES A HOUSE ON CAMPUS TO STEVE MURRAY. MR. MURRAY IS REQUIRED TO LIVE ON CAMPUS AS PART OF HIS DUTIES AS HEADMASTER OF THE SCHOOL. NO TAXABLE COMPENSATION IS IMPUTED FOR THE USE OF THE HOUSE. SOCIAL CLUB DUES: THE SCHOOL PAYS COUNTRY CLUB DUES FOR STEVE MURRAY. MR. MURRAY USES THE CLUB FOR BUSINESS PURPOSES, AND NO TAXABLE INCOME IS IMPUTED FOR THIS BENEFIT. PERSONAL SERVICES: MAID SERVICE IS PROVIDED TO MR. MURRAY FOR THE SCHOOL-OWNED HOUSE IN WHICH HE RESIDES. NO TAXABLE INCOME IS IMPUTED FOR THIS BENEFIT. WRITTEN POLICY FOR PAYMENT OR REIMBURSEMENT, PART 1, LINE 1B: WHILE THE SCHOOL DOEN NOT HAVE A FORMAL WRITTEN POLICY FOR THE BENEFITS PROVIDED TO MR. MURRAY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINED THE COMPENSATION AND BENEFITS PACKAGE. THE INDIVIDUALS ON THIS COMMITTEE ARE INDEPENDENT OF MR. MURRAY. SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN, PART 1, LINE 4B: THE SCHOOL SPONSORED A SECTION 457(F) PLAN FOR ITS HEADMASTER. A CONTRIBUTION OF $40,000 WAS MADE TO THE PLAN THIS YEAR. CUYAHOGA COUNTY ECONOMIC DEVELOPMENT REVENUE BONDS 340714720 2009-12-01 15845000 EDUCATIONAL FACILITIES false false 15845000 14942300 204335 2010 true false true true false false false false false 0.00000 0.00000 0.00000 true false false false false false false X 6 288438 FMV 0 false false true USE OF THIRD PARTIES, PART I, LINE 32A: THE SCHOOL USES A SECURITIES BROKER TO SELL CERTAIN DONATED SECURITIES. THE FEES CHARGED BY THE BROKER ARE AT OR BELOW FAIR MARKET VALUE. FAMILY RELATIONSHIPS, FORM 990, PART VI, LINE 2: JON OUTCALT AND DAVID OUTCALT HAVE A FAMILY RELATIONSHIP. JAMES GRISWOLD AND JOHN GRISWOLD HAVE A FAMILY RELATIONSHIP. REVIEW OF FORM 990, FORM 990, PART VI, LINE 11A: THE BOARD OF TRUSTEES HAS DELEGATED THE REVIEW OF FORM 990 TO THE FINANCE COMMITTEE. UPON COMPLETION OF THAT REVIEW, THE HIGHLIGHTS OF THE RETURN ARE REPORTED TO THE FULL BOARD. MONITORING AND ENFORCEMENT OF CONFLICT POLICY, FORM 990, PART VI, LINE 12C: THE SCHOOL'S CONFLICT OF INTEREST POLICY IS MAILED ANNUALLY TO TRUSTEES AND DISTRIBUTED AT BOARD MEETINGS. WHEN A CONFLICT ARISES, THE INDIVIDUAL IS NOT PERMITTED TO VOTE OR PARTICIPATE IN THE DISCUSSION OF THE TRANSACTION. PERSONS THAT ARE INDEPENDENT OF THE INDIVIDUAL WITH THE CONFLICT MAKE THE DECISION ABOUT THE TRANSACTION. THE DELIBERATIONS AND DECISION ARE DOCUMENTED IN THE MINUTES OF THE BOARD. COMPENSATION REVIEW AND APPROVAL, FORM 990, PART VI, LINE 15: THE EXECUTIVE COMMITEE OF THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR THE HEADMASTER AND THE CHIEF FINANCIAL OFFICER. THE HEADMASTER AND THE CHIEF FINANCIAL OFFICER REVIEW THE COMPENSATION OF THE REST OF THE EXECUTIVE STAFF. PERIODICALLY, COMPARABLE COMPENSATION DATA FROM OTHER SIMILIAR SCHOOLS IS REVIEWED, AND THE DATA IS USED IN DETERMINING THE COMPENSATION OF THE EXECUTIVE STAFF. THE MEMBERS OF THE BOARD ARE INDEPENDENT OF THE EXECUTIVE STAFF AND OTHER EMPLOYEES. AVAILABILITY OF DOCUMENTS, FORM 990, PART VI, LINE 19: THE SCHOOL DOES NOT MAKE ITS FINANCIAL STATMENTS, CONFLICT POLICY AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. UNIVERSITY SCHOOL ALUMNI ASSOCIATION 20701 BRANTLEY ROIAD SHAKER HEIGHTS OH 44122 346513026 ALUM RELATION OH 501(c)(3) 11A UNIV SCHOOL false false true false false false false false false false false false false false false false false false UNIVERSITY SCHOOL ALUMNI ASSOCIATION C 2116934