2011-05-16T14:32:32-05:00 2010-06-30 VERDEJA & DE ARMAS LLP 255 ALHAMBRA CIR STE 424 CORAL GABLES FL 331345108 990 2009-07-01 590861374 PINE CREST PREPARATORY SCHOOL INC PINE 9544924100 1501 NE 62ND STREET FORT LAUDERDALE FL 33334 JAMES COWGILL 9544924100 2011-05-16 MARIO A SARIOL 3054463177 2011-05-16 2009 2016-02-24 21:20:13Z JAMES COWGILL 1501 NE 62ND STREET FORT LAUDERDALE FL 33334 91807774 false X WWW.PINECREST.EDU X 1989 FL TO OFFER A CHALLENGING ACADEMIC EXPERIENCE COMPLEMENTED BY EXCELLEANCE IN THE ARTS AND ATHLETICS; TO DEVELOP THE CHARACTER, INDEPENDENCE, AND LEADERSHIP OF EACH STUDENT; AND TO PROVIDE A NURTURING LEARNING COMMUNITY THAT PREPARES STUDENTS TO MEET THE GLOBAL CHALLANGES OF OUR FUTURE. PINE CREST PREPARATORY SCHOOL OFFERS CHALLENGING ACADEMIC AND CO-CURRICULAR PROGRAMS FOR APPROXIMATELY 2,600 STUDENTS IN GRADES PK-12 ON TWO CAMPUSES. PINE CREST OFFERS A VARIETY OF SUMMER PROGRAMS AND CAMPS THAT SERVICES HUNDREDS OF CHILDREN FROM THE SURROUNDING COMMUNITY. 22 22 939 500 0 2709098 2760509 55968200 56763541 -4651541 2942782 345377 372151 54371134 62838983 0 0 35716474 37317287 0 940490 25125715 24578089 60842189 61895376 -6471055 943607 209771078 204315735 140953630 136697211 68817448 67618524 TO OFFER A CHALLENGING ACADEMIC EXPERIENCE COMPLEMENTED BY EXCELLEANCE IN THE ARTS AND ATHLETICS; TO DEVELOP THE CHARACTER, INDEPENDENCE, AND LEADERSHIP OF EACH STUDENT; AND TO PROVIDE A NURTURING LEARNING COMMUNITY THAT PREPARES STUDENTS TO MEET THE GLOBAL CHALLANGES OF OUR FUTURE. PINE CREST PREPARATORY SCHOOL OFFERS CHALLENGING ACADEMIC AND CO-CURRICULAR PROGRAMS FOR APPROXIMATELY 2,600 STUDENTS IN GRADES PK-12 ON TWO CAMPUSES. 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THESE ITEMS CONSIST OF SILVER, PAINTINGS, VARIOUS PRE-COLUMBIAN ART OBJECTS, COLLECTIONS OF EARLY AMERICAN FURNITURE AND DECORATIVE ITEMS. ADDITIONALLY, THE SCHOOL EMPLOYS A CURATOR TO ENSURE THAT THE COLLECTIONS ARE PROTECTED AND PRESERVED. THE FURNITURE COLLECTION CANNOT BE SOLD; HOWEVER, IF ANY OF THE OTHER ITEMS ARE SOLD, THE PROCEEDS WOULD BE AVAILABLE FOR THE GENERAL OPERATIONS OF THE SCHOOL. INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 100 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 SPECIAL EVENT 107,776 SPECIAL EVENTS -107,776 DECREASE IN VALUE OF INTEREST RATE SWAP AGREEMENT -2,751,265 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT 107,776 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D SPECIAL EVENTS 107,776 DECREASE IN VALUE OF INTEREST RATE SWAP AGREEMENT 2,751,265 true true true PUBLICATION OF POLICY IN VARIOUS NEWSPAPERS AND CATALOGS. true true true true false false false false false false false false false false true false BOCA RATON AUCT 479927 479927 107776 479927 479927 107776 107776 372151 X X true true X X X X X true true false false false false false false false LOURDES COWGILL 296303 271 2280 19600 318454 305903 ROBERT PICKUP 208021 26937 4000 19117 258075 237382 DALE SMITH 209733 7771 6000 17880 14000 255384 234021 JANET WIARD 163200 9604 2068 13990 188862 166889 ELENA DEL ALAMO 145387 5271 6000 12533 169191 150701 JAMES COWGILL JR 119147 24271 11473 23745 178636 140962 JAY FITZGERALD 169619 271 13591 183481 PATRICIA BOIG 176956 3396 18208 15885 214445 190396 SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SCHEDULE J, PAGE 1, PART I, LINE 4 LOURDES COWGILL 0 18,594 0 PATRICIA BOIG 49,260 0 0 PALM BEACH COUNTY FLORIDA 590861374 2009-08-01 75000000 TO FUND VARIOUS CAPI false false 74120000 75000000 false false false true false false false false false false false true true BANK OF AMERICA BANK OF AMERICA 288.0 false false false ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION TO OFFER A CHALLENGING ACADEMIC EXPERIENCE COMPLEMENTED BY EXCELLEANCE IN THE ARTS AND ATHLETICS; TO DEVELOP THE CHARACTER, INDEPENDENCE, AND LEADERSHIP OF EACH STUDENT; AND TO PROVIDE A NURTURING LEARNING COMMUNITY THAT PREPARES STUDENTS TO MEET THE GLOBAL CHALLANGES OF OUR FUTURE. PINE CREST PREPARATORY SCHOOL OFFERS CHALLENGING ACADEMIC AND CO-CURRICULAR PROGRAMS FOR APPROXIMATELY 2,600 STUDENTS IN GRADES PK-12 ON TWO CAMPUSES. PINE CREST OFFERS A VARIETY OF SUMMER PROGRAMS AND CAMPS THAT SERVICES HUNDREDS OF CHILDREN FROM THE SURROUNDING COMMUNITY. RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 JAMES COWGILL LOURDES COWGILL VP OF FIN. PRESIDENT SON/MOTHER LOURDES COWGILL ELENA DEL ALAMO PRESIDENT V. PRES. ADM SISTERS ELENA DEL ALAMO JAMES COWGILL V.PRES. ADM VP OF FIN. AUNT/NEPHEW ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 FORM 990 IS PROVIDED TO THE VP OF THE INSTITUTION WHERE IT IS REVIEWED BY THE AUDIT COMMITTEE. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY IS EXAMINED AND ENFORCED THROUGH USE OF ANNUAL DISCLOSURES AS DETERMINED BY THE GOVERNING BODY. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF TRUSTEES CREATED A COMPENSATION COMMITTEE MADE UP OF INDIVIDUALS WHO DO NOT HAVE ANY CONFLICT OF INTEREST TO REVIEW AND APPROVE THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THE COMPENSATION OF EACH PERSON IS REVIEWED AND APPROVED USING DATA FOR SIMILIARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILIARLY SITUATED ORGANIZATIONS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF TRUSTEES CREATED A COMPENSATION COMMITTEE MADE UP OF INDIVIDUALS WHO DO NOT HAVE ANY CONFLICT OF INTEREST TO REVIEW AND APPROVE THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THE COMPENSATION OF EACH PERSON IS REVIEWED AND APPROVED USING DATA FOR SIMILIARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILIARLY SITUATED ORGANIZATIONS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE FURNISHED TO THE PUBLIC UPON REQUEST AT THE MAIN ADMINISTRATION OFFICE. PCAC INC 1501 NE 62 ST FT LAUDERDALE FL 33334 650927219 REAL PROP. FL 501 PINE CREST PINE CREST PREPARATORY SCHOOL INC false false false false false false false false false false false false false false false false false false