2011-05-16T10:00:18-05:00 2010-06-30 CHERRY BEKAERT & HOLLAND LLP 200 SOUTH 10TH STREET SUITE 900 RICHMOND VA 23219 990 2009-07-01 540914765 THE STEWARD SCHOOL CORPORATION STEW 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 LISA S DWELLE 8047403394 2011-05-16 1 John Denison 8046734224 2011-05-13 2009 2016-02-24 21:20:13Z LISA S DWELLE 11600 GAYTON ROAD RICHMOND VA 23238 14268828 0 X WWW.STEWARDSCHOOL.ORG X 1972 VA THE STEWARD SCHOOL'S MISSION IS TO PREPARE EACH CHILD FOR COLLEGE AND FOR LIFE. OUR CORE CHARACTER VALUES ARE HONOR, RESPONSIBILITY, AND ACHIEVEMENT, BALANCED BY CARING AND RESPECT FOR ONE'S SELF AND FOR OTHERS. STEWARD IS COMMITTED TO SMALL CLASSES AND SMALL OVERALL SIZE, WHICH ALLOW FOR DISCOVERY AND DEVELOPMENT OF EACH STUDENT'S UNIQUE TALENTS AND PASSIONS, WHILE PROVIDING MORE OPPORTUNITIES FOR INDIVIDUAL PARTICIPATION. WE BELIEVE AN ENVIRONMENT WITH A DIVERSITY OF TALENTS, ABILITIES, CULTURES AND BACKGROUNDS PROVIDE THE RICHEST AND MOST FULLY ROUNDED EDUCATIONAL EXPERIENCE. 23 23 246 425 0 0 5011222 2670957 10924570 11169665 50581 15444 310993 337605 16297366 14193671 1140910 1361100 0 7301414 7173706 0 376684 5044562 4545486 13486886 13080292 2810480 1113379 33191119 34287881 10586853 10585675 22604266 23702206 THE STEWARD SCHOOL'S MISSION IS TO PREPARE EACH CHILD FOR COLLEGE AND FOR LIFE. OUR CORE CHARACTER VALUES ARE HONOR, RESPONSIBILITY, AND ACHIEVEMENT, BALANCED BY CARING AND RESPECT FOR ONE'S SELF AND FOR OTHERS. STEWARD IS COMMITTED TO SMALL CLASSES AND SMALL OVERALL SIZE, WHICH ALLOW FOR DISCOVERY AND DEVELOPMENT OF EACH STUDENT'S UNIQUE TALENTS AND PASSIONS, WHILE PROVIDING MORE OPPORTUNITIES FOR INDIVIDUAL PARTICIPATION. WE BELIEVE AN ENVIRONMENT WITH A DIVERSITY OF TALENTS, ABILITIES, CULTURES AND BACKGROUNDS PROVIDE THE RICHEST AND MOST FULLY ROUNDED EDUCATIONAL EXPERIENCE. 0 0 10147303 1361100 11373283 PROVIDES FORMAL INSTRUCTION FOR GRADES K THROUGH 12 AND MAINTAINS A REGULAR FACULTY & CURRICULUM. ENROLLMENT IS APPROXIMATELY 600. 10147303 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 42 0 1 246 1 0 0 0 0 0 1 1 0 0 0 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X MS LISA DWELLE 8047403394 11600 GAYTON ROAD RICHMOND VA 23238 ROBERT F BROOKS 4.00 X X 0 0 0 DONALD F DELANEY JR 4.00 X X 0 0 0 FERDINAND BARUCH 1.00 X 0 0 0 MARTIN L BRILL 1.00 X 0 0 0 DANIEL A CALDWELL 3.00 X 0 0 0 MARION S CHENAULT 1.00 X 0 0 0 MARTHA P FINK 1.00 X 0 0 0 LARRY W FRENCH 1.00 X 0 0 0 STEVE C HENDERSON 1.00 X 0 0 0 GARY D LECLAIR 1.00 X 0 0 0 EUGENE P MCKEOWN 1.00 X 0 0 0 WALTER O'BRIEN 1.00 X 0 0 0 DENNIS A PRYOR 1.00 X 0 0 0 FAISAL S QURESHI 1.00 X 0 0 0 ROBERT Q RHODES 1.00 X 0 0 0 SUSAN B SCOTT 1.00 X 0 0 0 DONALD E STEEBER 1.00 X 0 0 0 BRIAN L THARP 1.00 X 0 0 0 WILLIAM R WADDELL 1.00 X 0 0 0 HENRY L WILTON 1.00 X 0 0 0 LOUISE V WILTSHIRE 1.00 X 0 0 0 ANNE C WOODFIN 1.00 X 0 0 0 SARA MONTGOMERY 1.00 X X 0 0 0 KENNETH H SEWARD 40.00 X 172530 0 6368 LISA S DWELLE 40.00 X 94890 0 3640 ANN CAROL MARCHANT 1.00 X 0 0 0 267420 0 10008 1 0 1 0 TAYLOR & PARISH INC 710 PERRY STREET RICHMOND VA 23224 GENERAL CONTRACTOR 423990 FG PRUITT INC 2415 GRENOBLE ROAD HENRICO VA 23294 GENERAL CONTRACTOR 406239 MERIWETHER-GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 LUNCH PROGRAM AND CATERING 400514 LEE HARTMAN & SONS PO BOX 13365 ROANOKE VA 24033 IT CONTRACTOR 241535 4 514437 40750 2115770 2670957 STUDENT TUITIONS 611600 10257794 10257794 STUDENT FEES 611600 911871 911871 11169665 15444 15444 38309 38309 38309 38309 170835 40750 75157 95678 95678 SUMMER SKILLS PROGRAM 611710 92213 92213 SCHOOL STORE 611710 47478 47478 OTHER 611710 27153 27153 36774 36774 203618 14193671 11373283 0 149431 1361100 1361100 274000 90000 161500 22500 5792160 4363430 1219865 208865 102916 80274 19554 3088 552370 430849 104950 16571 452260 352763 85929 13568 49230 49230 63599 63599 801844 698340 103504 19004 947 18057 66021 49939 16082 133359 116145 17214 1651535 1444674 206861 STUDENT SUPPORT SERVICE 484497 484497 INSTRUCTIONAL EXPENSE 288743 288743 MARKETING 140009 26981 70005 43023 GENERAL OFFICE EXPENSE 126528 126528 EQUIPMENT RENTAL & MAIN 119492 71695 47797 601625 286926 309229 5470 13080292 10147303 2556305 376684 1886010 1519207 9765 17486 42457 101485 42823 49299 118813 82747 44483405 14992095 28936974 29491310 889732 2154277 2136615 33191119 34287881 1177416 1388215 1860030 1681461 7235000 7235000 3358 311049 280999 10586853 10585675 X 22588066 23645267 16200 56939 22604266 23702206 33191119 34287881 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 181041 181041 35078223 9461787 25616436 5890311 3924056 1966255 3333830 1606252 1727578 29491310 BOND ISSUANCE COSTS 111998 DUE FROM FOUNDATION 2024617 2136615 FUNDS HELD FOR OTHERS 74987 INTEREST RATE SWAP 144208 CAPITAL LEASE OBLIGATION 61804 280999 Part X: Description of Uncertain Tax Positions Under FIN 48: THE STEWARD SCHOOL QUALIFIES FOR EXEMPTION FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). SIMILAR EXEMPTIONS HAVE BEEN GRANTED FROM STATE INCOME TAXES. THE SCHOOL'S POLICY IS TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS, AND ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT A TAX POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS OR RELATED INTEREST AND PENALTIES AT JUNE 30, 2010 AND, ACCORDINGLY, NO LIABILITY IS ACCRUED. 1 1 1 THE NONDISCRIMINATION POLICY IS STATED IN ALL PUBLISHED ADVERTISEMENTS. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SPARTAFEST 25032 0 25032 0 562 6379 9933 AUCTION 141957 22880 119077 0 0 14923 21377 3 44596 17870 26726 14978 7005 211585 40750 170835 562 36280 38315 75157 95678 1 FINANCIAL AID 86 732545 0 N/A TUITION REMISSION 40 610829 0 N/A Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE SCHOOL REQUESTS A TRANSFER FROM THE FOUNDATION AND PROVIDES SUFFICIENT DOCUMENTATION TO SUPPORT THE REQUEST IN THE CASE OF CAPITAL TRANSFERS. FOR ANNUAL CONTRIBUTION, THE TRANSFER IS APPROVED BY THE BOARD. THE FOUNDATION REVIEWS THE REQUEST AND MAKES APPROPRIATE TRANSFER. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 KENNETH H SEWARD 172530 0 0 0 0 0 6368 0 0 0 178898 0 0 0 Part I, Line 1a THIS ONLY APPLIES TO THE HEADMASTER. NONE OF THIS WAS TAXABLE COMPENSATION. ON SEVERAL OCCASIONS THE HEADMASTER WAS ACCOMPANIED BY HIS WIFE ON BUSINESS TRIPS. THE DISCRETIONARY SPENDING ACCOUNT IS NOT FOR PERSONAL USE, BUT FOR UNBUDGETED SCHOOL ITEMS. ECONOMIC DEVELOPMENT AUTHORITY OF HENRICO COUNTY VA 541197472 42605PBA2 2003-07-01 9300000 CONSTRUCTION 0 0 9300000 247318 9052682 2003 0 0 1 1 0 0 0 0 1 0.00000 0.00000 1 0 1 1 BB&T 7.000000000000 0 0 1 FAISAL QURESHI HE IS A TRUSTEE OF THE ORGANIZATION. SEE SCH. O. Amount $ 6300. KENNETH H SEWARD HE IS THE HEADMASTER. SEE SCH. O. Amount $ 25000. LISA S DWELLE SHE IS THE DIRECTOR OF FINANCE. SEE SCH. O. Amount $ 25000. Form 990, Part VI, Section B, line 11 THE MAJORITY OF THE 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. Form 990, Part VI, Section B, line 12c THE SCHOOL REQUIRES ANNUAL DISCLOSURE STATEMENTS FROM ALL TRUSTEES. IF THERE IS A CONFLICT, PARTY IN INTEREST WILL NOT VOTE. IF CONFLICT ARISES DURING THE YEAR, DISCLOSURE IS MADE. Form 990, Part VI, Section B, line 15 THE HEADMASTER'S COMPENSATION IS DETERMINED BY A COMMITTEE WHICH INCLUDES THE CHAIR, VICE CHAIR OF THE BOARD AND THE FINANCE COMMITTEE CHAIR. THE COMMITTEE REVIEWS NAIS AND VAIS COMPARATIVE DATA IN SETTING HIS COMPENSATION. HIS COMPENSATION IS THEN DOCUMENTED IN AN ANNUAL LETTER. Form 990, Part VI, Section C, line 19 THE SCHOOL DOES NOT PROVIDE PUBLIC ACCESS TO ITS GOVERNING DOCUMENTS. THE SCHOOL DOES ALLOW PUBLIC ACCESS TO ITS 990 UPON REQUEST. FORM 990, PART XI, LINE 2C There is an Audit Committee that selects the auditors. The Audit Committee meets with the auditors prior to the start of the audit to discuss scope and timing. The Audit Committee meets with the auditors at the completion of the audit to review the draft financial statements and required communications. SCHEDULE L, PART III GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS (A) NAME OF PERSON: FAISAL QURESHI (C) TYPE OF ASSISTANCE: FAISAL QURESHI, TRUSTEE, RECEIVES FINANCIAL AID. THE PROCESS FOR AWARDING THIS ASSISTANCE IS THE SAME FOR ALL PARENTS OF STUDENTS. MR. QURESHI HAD TO SUBMIT AN APPLICATION FOR ASSISTANCE. THE APPLICATION WAS REVIEWED AND FUNDS AWARDED BASED ON ESTABLISHED CRITERIA FOLLOWED BY THE FINANCIAL AID COMMITTEE. (A) NAME OF PERSON: KENNETH SEWARD (C) TYPE OF ASSISTANCE: REMISSION IS A BENEFIT FOR ALL FACULTY, STAFF AND ADMINISTRATION. MR. SEWARD IS GIVEN REMISSION FOR HIS CHILDREN BASED ON THE SAME CRITERIA AS ALL EMPLOYEES. (A) NAME OF PERSON: LISA DWELLE (B) TYPE OF ASSISTANCE: REMISSION IS A BENEFIT FOR ALL FACULTY, STAFF AND ADMINISTRATION. MS. DWELLE IS GIVEN REMISSION FOR HER CHILDREN BASED ON THE SAME CRITERIA AS ALL EMPLOYEES. THE STEWARD SCHOOL FOUNDATION 11600 GAYTON ROAD RICHMOND VA 23238 510251819 FOUNDATION/ SUPPORTING ORGANIZATION VA 501(C)(3) Line 11a, I STEWARD SCHOOL CORPORATION 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 THE STEWARD SCHOOL FOUNDATION C 2115770 tHE STEWARD SCHOOL FOUNDATION N 98530