2026-03-27T14:44:08-05:00 2025-06-30 521197902 MULLEN SONDBERG WIMBISH & STONE PA 888 BESTGATE ROAD SUITE 310 ANNAPOLIS MD 21401 990 2024-07-01 520591466 SEVERN SCHOOL INC SEVE 4106477701 201 WATER STREET SEVERNA PARK MD 21146 DOUGLAS LAGARDE HEAD OF SCHOOL 4106477700 2026-03-27 1 0 PHILIP J WIMBISH JR CPA P01285171 4102244920 2026-03-27 2024 2025-03-06 01:10:19Z DOUGLAS LAGARDE 201 WATER STREET SEVERNA PARK MD 21146 60618696 0 X WWW.SEVERNSCHOOL.COM X 1938 MD TO PROVIDE EDUCATION TO STUDENTS YEARS PRE-K THROUGH TWELVE. 27 27 337 400 0 0 3194192 11326302 26169712 27966513 1004096 10218819 375982 222384 30743982 49734018 3218285 3526014 0 0 17880976 18991023 0 0 1126272 7572689 7993422 28671950 30510459 2072032 19223559 79570199 91724349 13702094 13459492 65868105 78264857 AN INDEPENDENT, CO-ED SCHOOL PROVIDING EDUCATION TO STUDENTS IN YEARS PRE-K THROUGH TWELVE. 0 0 25603769 3526014 27970409 EDUCATIONAL - PROVIDE EDUCATION FOR STUDENTS YEARS PRE-K THROUGH TWELVE. 25603769 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 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 1 0 0 0 0 0 0 0 0 1 60 0 1 337 1 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X THE ORGANIZATION 4106477700 201 WATER STREET SEVERNA PARK MD 21146 JON M MAHAN CHAIR 3.00 X X 0 0 0 JOHN C STAMATO VICE CHAIR 3.00 X X 0 0 0 JONATHAN P KAGAN SECRETARY 3.00 X X 0 0 0 VISHVA GHEEWALA TREASURER 3.00 X X 0 0 0 ANDREW BAUER TRUSTEE 3.00 X 0 0 0 CAROLYN BENZ TRUSTEE 3.00 X 0 0 0 ROCKY CINTRON TRUSTEE 3.00 X 0 0 0 MICHAEL CLARK TRUSTEE 3.00 X 0 0 0 ALISA FREAS TRUSTEE 3.00 X 0 0 0 NELS OLSON TRUSTEE 3.00 X 0 0 0 RAY JENNINGS TRUSTEE 3.00 X 0 0 0 SHERWOOD E PAGE TRUSTEE 3.00 X 0 0 0 ED COLEMAN TRUSTEE 3.00 X 0 0 0 SARAH WALSH TRUSTEE 3.00 X 0 0 0 MIKELL PARSCH TRUSTEE 3.00 X 0 0 0 DR STEPHANIE JACOBS TRUSTEE 3.00 X 0 0 0 ERIC THOMPSON TRUSTEE 3.00 X 0 0 0 ELSA MASKELL TRUSTEE 3.00 X 0 0 0 CATHERINE HERRICK TRUSTEE 3.00 X 0 0 0 JOHN LEWIS TRUSTEE 3.00 X 0 0 0 MATT ALSTED TRUSTEE 3.00 X 0 0 0 GINA M DESTEFANO TRUSTEE 3.00 X 0 0 0 LAURE FISHER TRUSTEE 3.00 X 0 0 0 KIRK JAY TRUSTEE 3.00 X 0 0 0 ADAM WILLIAMS TRUSTEE 3.00 X 0 0 0 DAVID WILLIAMS TRUSTEE 3.00 X 0 0 0 DR TAYLOR SCOTT TRUSTEE 3.00 X 0 0 0 DOUGLAS LAGARDE HEAD OF SCHOOL 40.00 X 491399 0 65223 CHRISTOPHER SAPIENZA DIR. OF BUSINESS & FINANCE 40.00 X 192141 0 49027 SHANNON HOWELL DIRECTOR OF DEVELOPMENT 40.00 X 184048 0 58760 CATHY NORTH HEAD, LOWER SCHOOL 40.00 X 149728 0 47455 STEPHEN SODEN HEAD, UPPER SCHOOL 40.00 X 141195 0 47184 KIMBERLY SLADE DIR. OF ENROLLMENT MANAGEM 40.00 X 167800 0 25934 SIDRA SMITH DIR. OF STUDIES AND STRATE 40.00 X 165018 0 14353 1491329 0 307936 10 0 1 0 AR MARANI INC 7500 HARFORD RD BALTIMORE MD 21234 CONSTRUCTION SERVICES 1519012 MECHANICAL ENGINEERING & CONSTRUCTION CO 6159 EDMONDSON AVE SUITE A CATONSVILLE MD 21228 MECHANICAL ENGINEERING 1134549 BROCK AND COMPANY INC 257 GREAT VALLEY PARKWAY MALVERN PA 19355 DINING SERVICES 536870 HORD COPLAN MACHT INC PO BOX 69429 BALTIMORE MD 21264 ARCHITECTURAL SERVICES 484006 CP CLEANING SERVICES INC 806 BALTIMORE ANNAPOLIS BLVD SEVERNA PARK MD 21146 CLEANING SERVICES 286171 12 11326302 328008 11326302 TUITION/FEES 900099 27966513 27966513 27966513 997243 997243 151656 0 151656 151656 151656 19879906 10658330 9221576 9221576 9221576 293180 226348 66832 66832 MISCELLANEOUS REVENUE 900099 3896 3896 3896 49734018 27970409 0 10437307 3526014 3526014 797790 797790 13977550 11806218 1494588 676744 1037480 879967 107072 50441 2199517 1913961 211608 73948 978686 794755 132982 50949 46040 46040 97745 97745 335239 172519 162720 271146 271146 1391073 1223183 153664 14226 10300 10300 238716 228295 7727 2694 779379 514843 48891 215645 236055 214810 18884 2361 1968638 1791462 157491 19685 146880 135066 10501 1313 REPAIRS AND MAINTENANCE 1246802 1155604 82106 9092 UTILITIES 910109 775755 125829 8525 MISCELLANEOUS 315300 200171 114480 649 30510459 25603769 3780418 1126272 1082608 883252 13549162 16082995 2280610 7443989 140313 234059 6803 6803 431905 282910 69911028 27905182 39360962 42005846 22028381 24266349 57400 57400 632055 460746 79570199 91724349 1684835 2271409 3073045 2950571 8232502 7649981 711712 587531 13702094 13459492 X 46385380 48582293 19482725 29682564 65868105 78264857 79570199 91724349 19223559 -6826807 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21938213 46461 2961389 834674 24111389 18434900 1098027 3158611 753325 21938213 16280275 555951 2317984 719310 18434900 19155890 50981 -2305931 620665 16280275 14643257 117639 4995238 600244 19155890 0.23425 0.34092 0.42483 0 0 3718542 3718542 55501207 25070540 30430667 5387181 2834642 2552539 5304098 5304098 42005846 DEFERRED COMPENSATION 82254 FINANCE LEASE OBLIGATIONS 505277 587531 X 39381197 -6826807 -3526014 -10352821 49734018 0 49734018 26984445 0 26984445 3526014 3526014 30510459 PART V, LINE 4: THE SCHOOL INTENDS TO USE THE ENDOWMENT FUNDS TO SUPPLEMENT THE ANNUAL OPERATIONS OF THE SCHOOL AS WELL AS FULFILL DONOR RESTRICTIONS PLACED ON ENDOWMENTS. PART X, LINE 2: THE SCHOOL FOLLOWS THE GUIDANCE OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENTS, INCLUDING THOSE OF NONPROFIT ORGANIZATIONS. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT TO BE RECOGNIZED IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501(C) TO QUALIFY AS A TAX-EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE SCHOOL DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE SCHOOL'S FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -3,526,014. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,526,014. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATORY POLICY PUBLISHED ANNUALLY IN AREA NEWSPAPER. AUCTION 228944 228944 8344 77949 69311 1850 39211 GOLF 50809 50809 28930 147 606 13427 13427 293180 293180 8344 106879 69458 1850 39817 226348 66832 1 FINANCIAL AID FOR STUDENTS 239 3526014 TUITION FEE SCHEDULE TUITION SCHOLARSHIPS & TUITION REMISSION PART I, LINE 2: THE SCHOOL MONITORS THE USE OF GRANT FUNDS ON A YEARLY BASIS. TUITION ASSISTANCE AND REMISSION IS AWARDED ON AN ANNUAL BASIS BY A COMMITTEE AND IS BASED UPON STUDENT NEED AND ELIGIBILITY. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DOUGLAS LAGARDE HEAD OF SCHOOL 491399 0 0 0 0 0 37618 0 27605 0 556622 0 0 0 SHANNON HOWELL DIRECTOR OF DEVELOPMENT 184048 0 0 0 0 0 15697 0 43063 0 242808 0 0 0 CHRISTOPHER SAPIENZA DIR. OF BUSINESS & FINANCE 192141 0 0 0 0 0 17656 0 31371 0 241168 0 0 0 CATHY NORTH HEAD, LOWER SCHOOL 149728 0 0 0 0 0 13084 0 34371 0 197183 0 0 0 KIMBERLY SLADE DIR. OF ENROLLMENT MANAGEM 167800 0 0 0 0 0 13466 0 12468 0 193734 0 0 0 STEPHEN SODEN HEAD, UPPER SCHOOL 141195 0 0 0 0 0 12453 0 34731 0 188379 0 0 0 SIDRA SMITH DIR. OF STUDIES AND STRATE 165018 0 0 0 0 0 13214 0 1139 0 179371 0 0 0 PART I, LINE 1A AS IS NORMAL AND CUSTOMARY WITH SCHOOLS, THE HEAD OF SCHOOL OF SEVERN SCHOOL (DOUGLAS LAGARDE) IS PROVIDED WITH HOUSING FOR THE CONVENIENCE OF THE SCHOOL AND IS A CONDITION OF EMPLOYMENT (PER EMPLOYMENT CONTRACT) THAT THE HEAD OF SCHOOL RESIDE IN THE HOUSE PROVIDED. THE HEAD OF SCHOOL'S HOME IS USED FOR MANY SCHOOL ACTIVITIES INCLUDING HOSTING EVENTS FOR STUDENTS, FACULTY, AND SUPPORTERS. THE CALCULATED NONTAXABLE BENEFIT RECIEVED BY THE HEAD OF SCHOOL FOR THE PERSONAL USE OF THE HOUSING AMOUNTED TO APPROXIMATELY $60,000. A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 000000000 2016-08-31 13800000 REFUND PRIOR BONDS AND REFINANCE NOTE 0 0 0 A 13800000 13800000 2016 1 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 X 10 328008 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT/FINANCIAL COMMITTEE SHALL REVIEW AND APPROVE THE IRS FORM 990 ANNUAL TAX FILING PRIOR TO SUBMISSION, AND THE FULL BOARD WILL BE ABLE TO ACCESS AND VIEW THE 990 THROUGH A DOCUMENT PORTAL PRIOR TO FILING. THE HEAD OF SCHOOL SHALL SIGN AND CERTIFY THAT THE IRS FORM 990 IS ACCURATE AND COMPLETE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE AND SIGN AN ANNUAL DISCLOSURE QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE BYLAWS OF SEVERN SCHOOL ESTABLISHED A PESONNEL COMMITTEE THAT HAS GENERAL OVERSIGHT OF THE SCHOOL'S HUMAN RESOURCE PLAN. SPECIFIC DUTIES INCLUDE YEARLY EVALUATION OF THE FACULTY COMPENSATION SCALES/RANGE AS WELL AS THE RANGES FOR STAFF ADMINISTRATORS. COMPETENT SALARY SURVEY(S) OF INDEPENDENT AND OTHER SCHOOLS ARE USED TO BENCHMARK COMPENSATION FOR FACULTY COMPENSATION. FOR THE ADMINISTRATOR COMPENSATION LEVELS, THE COMMITTEE USES THE DATA PROVIDED BY THE ASSOCIATION OF INDEPENDENT MARYLAND SCHOOLS (AIMS) IF AVAILABLE AS A GUIDE. THE EXECUTIVE COMMITTEE OF THE BOARD MEETS TO DISCUSS THE COMPENSATION PACKAGE FOR THE HEAD OF SCHOOL USING DATA PROVIDED BY AIMS AS WELL AS OTHER INFORMATION THEY FIND IN THEIR RESEARCH. THE EXECUTIVE COMMITTEE PERFORMS THE ANNUAL EVALUATION OF THE HEAD OF SCHOOL. THE EXECUTIVE COMMITTEE PRESENTED ITS FINDINGS AND RECOMMENDATIONS TO THE FULL BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO PUBLIC INSPECTION UPON WRITTEN REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE ONLINE AT WWW.CANDID.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. PART XII LINE 2C THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT AUDITOR AND ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.