2011-11-08T10:51:34-07:00 2011-06-30 990 2010-07-01 133603578 BIRCH WATHEN LENOX SCHOOL BIRC 2128610404 210 East 77th Street New York NY 10075 Frank Carnabuci 2128610404 2011-11-01 2010 2016-02-24 21:20:13Z Philip Sassower 181 East 65th Street New York NY 10065 22938250 0 X bwl.org X 1991 NY Educational programs for students K-12th grade 14 14 200 100 0 0 2205894 2244523 18800331 20319108 18640 33561 253022 207819 21277887 22805011 3016569 3312900 0 0 11921651 12824272 0 1615 161174 5414971 5996421 20353191 22135208 924696 669803 35635945 37088009 22237261 23953819 13398684 13134190 Educational programs for students K-12th grade 0 0 14863809 3312900 20319108 Elementary and secondary education: Provided quality, nurturing education for 565 students K through 12. 0 0 0 14863809 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 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 0 1 52 0 1 200 1 0 0 0 0 0 1 1 0 0 0 1 1 0 X 14 14 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 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 389428 0 58414 Janine Hopley Karbon 40 X 185468 0 27820 Ann Glickman 40 X 190582 0 28587 Richard Pan 40 X 141467 0 21220 Susan Leonard 40 X 117291 0 17594 Kevie Michael 40 X 124914 0 18737 Curtis March 40 X 138665 0 20800 1287815 0 193172 5 0 1 0 PILLSBURY WINTHROP SHAW PITTMAN LLP 1540 BROADWAY NEW YORK NY 100364039 LEGAL SERVICES FOR LETTER OF CREDIT CLOSING 218191 1 0 0 60000 0 101210 2083313 0 2244523 GROSS TUITIONS 611110 19348467 19348467 0 0 ACTIVITY AND LUNCH FEES 611110 970641 970641 0 0 0 0 0 0 20319108 33561 0 0 33561 0 0 0 0 0 0 0 0 181958 0 0 0 181958 0 181958 0 0 181958 0 0 159100 60000 133239 25861 0 25861 0 22805011 20319108 0 241380 0 0 3312900 3312900 0 0 906945 906945 9531620 6570401 2836219 125000 368694 232069 136625 1260818 793603 467215 756195 502636 253559 5490 5490 34000 34000 1615 1615 158674 100000 58674 694686 313578 346549 34559 358960 358960 90075 90075 73033 73033 723195 494994 228201 1539153 1053479 485674 87601 87601 STUDENT ACTIVITIES, LUNCH, ATHLETICS 1417116 1417116 0 0 BAD DEBT 331832 0 331832 0 INSTITUTIONAL COSTS 62884 0 62884 0 MISCELLANEOUS 419722 0 419722 0 22135208 14863809 7110225 161174 5146082 9136187 2000000 2000000 2213835 2127169 734741 720143 206756 134267 34555801 12898638 22793521 21657163 1560661 62213 980349 1250867 35635945 37088009 1229935 1248346 4938860 6191396 14715000 14350000 1163314 1353466 1000763 22237261 23953819 X 11618067 11259326 1522877 1599251 257740 275613 13398684 13134190 35635945 37088009 X 669803 -934297 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 257740 4017873 1500 1500 0 0 4275613 253240 4500 1250 1250 0 0 257740 200000 53240 2690 2690 0 0 253240 0.9355 0.0645 0 0 0 0 0 0 0 30367524 10680836 19686688 0 2943297 1283025 1660272 0 1244980 934777 310203 0 0 0 0 21657163 0 SWAP LIABILITY 1000763 1000763 22805011 22135208 669803 -934297 0 0 0 0 -934297 -264494 19978053 352703 0 0 133239 485942 19492111 0 3312900 3312900 22805011 18705547 0 0 0 16478 16478 18689069 0 3446139 3446139 22135208 SchD_P05_S00_L04 Schedule D, Part V, Line 4 $4,000,000 designated by Board as endowment. In donor restricted endowment, interest to be spent on scholarship. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Direct cost of special events SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Financial aid SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Other expenses SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Financial aid and direct cost of special events. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The Birch Wathen Lenox School publishes its racially nondiscriminatory policy annually in a major New York City newspaper. Its policy is also published in all admissions materials. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The Birch Wathen Lenox School received reimbursement for New York State mandated services. ANNUAL GALA 219100 60000 159100 0 0 45000 95000 0 3239 0 0 219100 60000 159100 0 0 45000 95000 0 3239 143239 15861 1 Scholarships awarded for academic excellence 8 154500 Tuition remission for employee children 17 576700 Need based scholarships 109 2581700 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 389428 0 0 0 0 0 0 0 58414 0 447842 0 0 0 Janine Hopley Karbon 185468 0 0 0 0 0 0 0 27820 0 213288 0 0 0 Ann Glickman 190582 0 0 0 0 0 0 0 28587 0 219169 0 0 0 Richard Pan 141467 0 0 0 0 0 0 0 21220 0 162687 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 132906040 64971C3T9 2004-12-09 15750000 ADDITION TO SCHOOL BUILDING 0 0 0 0 0 0 7094 0 0 0 0 0 15742906 0 0 2005 0 0 1 1 0 0 0 0 1 0 0 0 1 0 1 1 TD BANK 2015 0 0 0 0 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Our Board chair and Board treasurer have an occasional business relationship. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The Director of Finance prepares the return, and the independent auditor and the Headmaster review 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 last undertaken in December 2009. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 We furnish these documents upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 UNREALIZED LOSS ON DERIVATIVE INSTRUMENTS