2025-03-07T12:48:08+00:00 2024-06-30 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-07-01 131655283 SAINT DAVID'S SCHOOL SAIN 2123690058 12 EAST 89TH STREET NEW YORK NY 10128 KELLY GRUEN Director of Finance 2123690058 2025-03-07 true Aaron Shapiro P01333816 2128127000 2025-03-07 2023 2025-03-06 01:10:19Z DAVID O'HALLORAN 12 EAST 89TH STREET NEW YORK NY 10128 67688476 false X WWW.SAINTDAVIDS.ORG X 1951 NY TO PROVIDE FOR THE EDUCATIONAL NEEDS OF BOYS PRE-KINDERGARTEN THROUGH EIGHTH GRADE. 22 22 163 220 50197 103834 5114231 8423966 25347157 26537630 1981172 3440914 1550753 1270915 33993313 39673425 2352573 2372301 0 20503334 21465841 63000 360192 1876042 11390453 12295229 34309360 36493563 -316047 3179862 190475572 199408386 74300630 74081536 116174942 125326850 SEE SCHEDULE O. false false 28406009 2372301 26531930 PROVIDES ESSENTIAL EDUCATIONAL PROGRAMS TO YOUNG BOYS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE FOR APPROXIMATELY 435 STUDENTS. WE OFFER A VARIETY OF PROGRAMS, INCLUDING SPORTS, MUSIC, ART AND DRAMA. 556421 5700 SDS SUMMER PROGRAM, LLC D/B/A HORIZONS AT SAINT DAVID'S OPERATES A SUMMER PROGRAM FOR NON-SAINT DAVID'S STUDENTS. 28962430 true true false false false false true false true true true false false true false false true true false true false false true true false false false true true true false false false false false false false false false false true false false false true true true false false false true 52 0 163 true false false false false false true true false false false false false false false false X 22 22 false false false false false false false true true false true true true true true true true true true true false NY X KELLY GRUEN 2123690058 12 EAST 89TH STREET NEW YORK NY 10128 DANIEL S CONNOLY PRESIDENT 1.0 0.0 X X 0 0 0 GREGORY T HOOGKAMP VICE PRESIDENT 1.0 0.0 X X 0 0 0 MARK S SHELTON SECRETARY 1.0 0.0 X X 0 0 0 MICHAEL J MAROCCO TREASURER 1.0 0.0 X X 0 0 0 ALBERTO M ACOSTA TRUSTEE 1.0 0.0 X 0 0 0 ARTHUR J HALLERAN JR TRUSTEE 1.0 0.0 X 0 0 0 BRBARA FERNNDEZ TRUSTEE 1.0 0.0 X 0 0 0 DONALD J MACKINNON TRUSTEE 1.0 0.0 X 0 0 0 EVAN SHEINBERG TRUSTEE 1.0 0.0 X 0 0 0 FRANKIE J CAMPIONE II TRUSTEE 1.0 0.0 X 0 0 0 KEVIN J HAYDEN TRUSTEE 1.0 0.0 X 0 0 0 LAUREN BURKE TRUSTEE 1.0 0.0 X 0 0 0 LOUIS SALVATORE TRUSTEE 1.0 0.0 X 0 0 0 MARIA A SUAREZ TRUSTEE 1.0 0.0 X 0 0 0 NYSSA KOURAKOS TRUSTEE 1.0 0.0 X 0 0 0 R KUMAR KADIYALA TRUSTEE 1.0 0.0 X 0 0 0 ROBERT K MCMILLAN TRUSTEE 1.0 0.0 X 0 0 0 SARAH TAM TRUSTEE 1.0 0.0 X 0 0 0 SEAN KLIMCZAK TRUSTEE 1.0 0.0 X 0 0 0 TODD G COSENZA TRUSTEE 1.0 0.0 X 0 0 0 URSULA CORGAN TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM O'BOYLE TRUSTEE 1.0 0.0 X 0 0 0 John J Sproule DIRECTOR OF FINANCE (THROUGH 9/30/2023) 40.0 0.0 X 276546 0 35150 Kelly Gruen DIRECTOR OF FINANCE 40.0 1.0 X 126901 0 26417 P David O'Halloran HEADMASTER 40.0 1.0 X 1092573 0 100706 Alexis Aoyama Loper ASSISTANT HEADMASTER/UPPER SCHOOL HEAD 40.0 0.0 X 316566 0 65245 Hope Lippens HEAD OF LOWER SCHOOL 40.0 0.0 X 243152 0 25679 Mark Poelle DIRECTOR OF FACILITIES 40.0 0.0 X 207405 0 42622 Michael Schwartzman SCHOOL PSYCHOLOGIST 40.0 0.0 X 199211 0 44884 Pedro Morales DIRECTOR OF ATHLETICS AND CO-DIRECTOR OF INCLUSION, DIVERSITY AND COMMUNITY 40.0 0.0 X 220000 0 34621 2682354 0 375324 69 false true false DAVID B MAY MA MS 1623 Third Avenue Suite 202 New York NY 10128 Learning services consultant 126090 SCHULTE ROTH & ZABEL LLP PO BOX 70280 PHILADELPHIA PA 191760280 Attorney 113728 2 117875 170427 8135664 221716 8423966 TUITION AND FEES 611110 25341054 25341054 AFTER SCHOOL PROGRAM 611110 1196576 1196576 0 0 0 0 26537630 1752974 50197 1702777 740046 129930 610116 0 610116 610116 28764323 27076383 1687940 0 1687940 1687940 1461070 117875 808738 652332 652332 MISCELLANEOUS 900099 8467 8467 0 0 0 0 8467 39673425 26537630 50197 4661632 2372301 2372301 1639941 309924 1020093 309924 15155434 13112323 1693603 349508 1103065 1016721 57128 29216 2470127 2303077 131916 35134 1097274 957702 104357 35215 1149061 1149061 69877 69877 360192 360192 180000 180000 520082 502159 14507 3416 3254546 2516743 492261 245542 231271 178704 35132 17435 2540069 2183645 249854 106570 75340 58215 11445 5680 10679 8252 1622 805 1048031 848905 136244 62882 2840555 2272659 284701 283195 375718 321100 23290 31328 0 0 0 0 36493563 28962430 5655091 1876042 2862036 5766607 8381342 2972309 868367 3323101 23545 111927 0 0 0 0 31609 31609 35154 35154 321667 95483 128946431 27019218 102601984 101927213 58485576 67676817 16770446 17308258 0 93846 159908 190475572 199408386 2565532 3118270 14084855 14142506 57078261 56122699 0 0 571982 698061 74300630 74081536 X 100578178 104313992 15596764 21012858 116174942 125326850 190475572 199408386 3179862 5972046 0 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X false 11456744 158150 1533529 498405 12650018 10930838 209417 803587 487098 11456744 12175746 170006 -966014 448900 10930838 62947384 130165 2826957 422521 53306239 12175746 64167971 17 -1220604 62947384 0.0 0.35 0.65 false false 3881622 3881622 114865059 19164779 95700280 9817069 7854439 1962630 382681 382681 101927213 INVESTMENT IN PARTNERSHIPS 14248890 F U.S. TREASURIES 3059368 F 17308258 DEFERRED COMPENSATION PAYABLE 698061 698061 43228100 5972046 5000 129930 6106976 37121124 180000 2372301 2552301 39673425 34076192 5000 129930 134930 33941262 180000 2372301 2552301 36493563 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections THE SCHOOL RECEIVES ARTWORK WHICH IT DISPLAYS AROUND THE BUILDING. Schedule D, Part V, Line 4 Intended uses of endowment funds THE SCHOOL'S ENDOWMENTS ARE INTENDED TO SUPPORT THE ONGOING OPERATIONS OF THE SCHOOL. THE OBJECTIVE IS TO PRESERVE THE ENDOWMENT PRINCIPAL WHILE MAINTAINING THE PURCHASING POWER OF THE ENDOWMENT ASSETS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 RENT EXPENSE - 129930 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements FINANCIAL AID - 2372301 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RENT EXPENSE - 129930 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements FINANCIAL AID - 2372301 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE SCHOOL'S MISSION STATEMENT AND POLICY ON INCLUSION, DIVERSITY, AND COMMUNITY ARE INCLUDED ON THE SCHOOL'S WEBSITE AND IN THE PARENT/STUDENT HANDBOOK. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE SCHOOL RECEIVES MANDATED SERVICES AID FROM THE NEW YORK STATE EDUCATION DEPARTMENT. true Central America and the Caribbean Investments 11833332 0 0 0 0 0 0 11833332 0 11833332 true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds N/A Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEA X X X X X true COMMUNITY COUNCELLING SERVICE CO LLC PO BOX 824885 PHILADELPHIA PA 19182 CAMPAIGN CONSULTING false 360192 -360192 0 360192 -360192 BENEFIT 1414505 117875 1296630 584018 STORE 95965 95965 65913 1 68475 68475 158807 1578945 117875 1461070 808738 808738 652332 true FINANCIAL AID 49 2372301 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. FINANCIAL ASSISTANCE IS AWARDED BASED ON ELIGIBILITY AND GREATEST NEED BY THE FINANCIAL AID COMMITTEE. THE AID IS GIVEN EACH YEAR WITHIN THE BOARD APPROVED BUDGET. AID IS MONITORED THROUGH THE STUDENT BILLING DATABASE WHICH IS THEN VERIFIED BY THE DIRECTOR OF FINANCE AND IS INCLUDED IN THE SCOPE OF THE ANNUAL AUDIT BY AN INDEPENDENT AUDITING FIRM. X true true X X X X X X false false false false false false false false false P David O'Halloran HEADMASTER 835530 0 100000 0 157043 0 55692 0 45014 0 1193279 0 0 0 Kelly Gruen DIRECTOR OF FINANCE 126811 0 0 0 90 0 12830 0 13587 0 153318 0 0 0 John J Sproule DIRECTOR OF FINANCE (THROUGH 9/30/2023) 272455 0 0 0 4091 0 24894 0 10256 0 311696 0 0 0 Alexis Aoyama Loper ASSISTANT HEADMASTER/UPPER SCHOOL HEAD 315696 0 0 0 870 0 33192 0 32053 0 381811 0 0 0 Hope Lippens HEAD OF LOWER SCHOOL 242500 0 0 0 652 0 22692 0 2987 0 268831 0 0 0 Pedro Morales DIRECTOR OF ATHLETICS AND CO-DIRECTOR OF INCLUSION, DIVERSITY AND COMMUNITY 218064 0 0 0 1936 0 18453 0 16168 0 254621 0 0 0 Mark Poelle DIRECTOR OF FACILITIES 204000 0 0 0 3405 0 18790 0 23832 0 250027 0 0 0 Michael Schwartzman SCHOOL PSYCHOLOGIST 194064 0 0 0 5147 0 17952 0 26932 0 244095 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE HEADMASTER IS REQUIRED BY CONTRACT TO LIVE IN SCHOOL OWNED HOUSING IN ORDER TO ACCOMMODATE ONGOING OPERATIONAL MEETINGS, CONDUCT FUND RAISING ACTIVITIES AND TO BE IMMEDIATELY AVAILABLE IN CASE OF EMERGENCIES. THE SCHOOL OWNED HOUSING IS CONTIGUOUS TO THE SCHOOL. THE SCHOOL DOES NOT REIMBURSE THE HEADMASTER AS ALL EXPENSES RELATING TO THE PROPERTY ARE PAID DIRECTLY BY THE SCHOOL. THIS BENEFIT IS TREATED AS NON-TAXABLE COMPENSATION TO THE RECIPIENT. A BUILD NYC RESOURCE CORPORATION 454040561 2015-11-24 35000000 TO FINANCE CAPITAL COSTS THE LINE OF CREDIT WAS ISSUED ON SEPTEMBER 12, 2012. false false false A 4918448 0 35035838 0 0 0 0 0 0 23705998 11329834 6 2020 true false true true A false true true true false 0.002 0.0 0.002 false false true A false false true true true false false true true A true Schedule K, Part I, Column (f) THE LINE OF CREDIT WAS ISSUED ON SEPTEMBER 12, 2012. Schedule K, Part I, Column (e) AND PART II, LINE 3, PART IV, LINE 2(B): DIFFERENCE BETWEEN PART I(E) AND PART II, LINE 3 IS DUE TO INTEREST EARNED ON BOND PROCEEDS. Schedule K, Part III, Line 7 AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. Schedule K, Part IV, Line 2b THE REFUNDING PORTION OF THE BONDS HAS MET THE 6-MONTH EXPENDITURE EXCEPTION TO THE REBATE REQUIREMENT. Schedule K, Part IV, Line 2c THE FIFTH YEAR REBATE REPORT, DATED FEBRUARY 23, 2021 WAS PREPARED BY BLX GROUP LLC. Schedule K, Part IV, Line 2c COLUMN A Issuer name: BUILD NYC RESOURCE CORPORATION The calculation for computing no rebate due was performed on 02/22/2021 X 24 221716 Other - SELLING PRICE false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE MISSION OF SAINT DAVID'S SCHOOL IS TO EDUCATE BOYS TO FULFILL THEIR POTENTIAL THROUGH RIGOROUS ACADEMIC PURSUIT, DELIBERATE MORAL INTROSPECTION, AND CRITICAL ANALYSIS OF IDEAS AND ISSUES. THE CLASSICAL TRADITION OF BALANCE HAS GUIDED THE SCHOOL SINCE ITS BEGINNINGS. THE SCHOOL SEEKS TO ENGENDER INTELLECTUAL CURIOSITY, APPRECIATION FOR THE ARTS, SKILL AND SPORTSMANSHIP IN ATHLETICS AND AN ENDURING LOVE OF LEARNING. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FEDERAL FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR PRESENTED THE FEDERAL FORM 990 AT A BOARD MEETING, PRIOR TO BEING FILED AND MADE COPIES AVAILABLE TO THE FULL BOARD. THE BOARD ACCEPTED THE FEDERAL FORM 990 AS PRESENTED AND IT WAS SUBSEQUENTLY FILED. Form 990, Part VI, Line 12c Conflict of interest policy ALL TRUSTEES, SENIOR MANAGEMENT, ACADEMIC LEADERSHIP AND PARENTS ASSOCIATION OFFICIALS ARE REQUIRED TO ANNUALLY FILL OUT THE SCHOOL'S CONFLICT OF INTEREST POLICY QUESTIONNAIRE. ALL QUESTIONNAIRES ARE RECEIVED, REVIEWED AND ANY NOTED CONFLICT WOULD BE REFERRED TO THE BOARD PRESIDENT AND/OR THE BOARD TREASURER FOR CONSIDERATION. IF A CONFLICT OF INTEREST EXISTS, THE AFFECTED MEMBER IS ASKED TO ABSTAIN FROM DECISION MAKING ON RELATED ISSUES. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF TRUSTEES, ALONG WITH AN INDEPENDENT CONSULTANT, USING MARKET DATA, SET THE COMPENSATION FOR THE HEADMASTER. THE HEADMASTER, IN TURN, SETS SALARY FOR ADMINISTRATIVE STAFF USING INDEPENDENT SALARY/BENEFIT DATA SUPPLIED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE LAST REVIEW FOR THE HEADMASTER WAS DONE IN MARCH 2023. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE SCHOOL MAINTAINS COMPARATIVE INDEPENDENT DATA TO BENCHMARK MARKET SALARIES OF KEY EMPLOYEES - DATA IS COLLECTED YEARLY. Form 990, Part VI, Line 19 Required documents available to the public THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. SDS SUMMER PROGRAM LLC 12 EAST 89TH STREET APT 15B NEW YORK NY 10128 320382874 SUMMER EDUCATION NY 263575 3380264 SAINT DAVIDS SAINT DAVIDS SPORTS CENTER INC 215 EAST 94TH STREET NEW YORK NY 10128 133807472 TITLE HOLDING NY 501(c)(2) SAINT DAVIDS false false false false false false false false false false true false false false true false false true false