2026-04-13T15:01:54-05:00 2025-06-30 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2024-07-01 560729351 THE RALEIGH SCHOOL INC RALE 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 KELLY JORDAN HEAD OF SCHOOL 9195460788 2026-04-13 1 0 KEITH A WASSERMAN P00072834 9197878212 2024 2025-03-06 01:10:19Z KELLY JORDAN 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 8604651 0 X WWW.RALEIGHSCHOOL.ORG X 1955 NC SEE SCHEDULE O. 17 17 78 600 0 0 372747 478044 5818629 6138302 306936 426395 53525 56153 6551837 7098894 171652 157120 0 0 4166868 4300925 0 0 294247 1739415 1949314 6077935 6407359 473902 691535 13626463 14518231 4170738 4184710 9455725 10333521 THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE. 0 0 5028143 157120 5758067 PROVIDED PRESCHOOL CLASSES FOR 137 CHILDREN UNDER THE AGE OF FIVE AND PROVIDED KINDERGARTEN THROUGH FIFTH GRADE SCHOOLING FOR 263 CHILDREN. 210709 380235 PROVIDED AFTER SCHOOL CARE, ENRICHMENT CLUBS AND SUMMER CAMP FOR ENROLLED CHILDREN. 5238852 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 1 0 0 0 0 0 0 0 0 1 16 0 1 78 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X KRISTA HURLBUT 9195460788 1141 RALEIGH SCHOOL DRIVE RALEIGH NC 27607 JULIE BANKS CHAIR 2.00 X X 0 0 0 MICHELE JONCZAK 1ST VICE CHAIR 1.00 X X 0 0 0 KEVIN CEGLOWSKI 2ND VICE CHAIR 1.00 X X 0 0 0 JESSICA WEAVER SECRETARY 1.00 X X 0 0 0 CHARLOTTE ROYSTER TREASURER 1.00 X X 0 0 0 COLLEEN BASHAR BOARD MEMBER 1.00 X 0 0 0 JASPER BERARD BOARD MEMBER 1.00 X 0 0 0 DON BERGER BOARD MEMBER 1.00 X 0 0 0 KATIE GARDINER BOARD MEMBER 1.00 X 0 0 0 PAUL GIRALT BOARD MEMBER 1.00 X 0 0 0 SHIV HIRA BOARD MEMBER 1.00 X 0 0 0 PRADEEP METTU BOARD MEMBER 1.00 X 0 0 0 CORY MYERS BOARD MEMBER 1.00 X 0 0 0 TAMI POLGE BOARD MEMBER 1.00 X 0 0 0 PAUL RAVA BOARD MEMBER 1.00 X 0 0 0 YASMIN SADIQ BOARD MEMBER 1.00 X 0 0 0 KELLY JORDAN HEAD OF SCHOOL 40.00 X X 276318 0 35711 ELIZABETH GILLELAND PRESCHOOL DIRECTOR 40.00 X 112851 0 21998 ADAM SHERLAND ELEMENTARY DIRECTOR 40.00 X 103382 0 25932 MICHAEL BERARD BOARD MEMBER 1.00 X 0 0 0 HEATHER CAMPBELL DIRECTOR OF FINANCE & OPER 35.00 X 67948 0 13955 KRISTA HURLBUT DIRECTOR OF FINANCE & OPER 40.00 X 42042 0 3419 602541 0 101015 3 0 1 0 RUSTON PAVING GROUP 3874 SOUTH ALSTON AVE DURHAM NC 27713 PAVING 257510 DAVIS LANDSCAPE PO BOX 919898 ORLANDO FL 32891 LANDSCAPING 121908 THE BUDD GROUP PO BOX 890856 CHARLOTTE NC 282890856 MAINTENANCE 118406 3 62791 415253 154755 478044 TUITION 900099 5652002 5652002 AFTER SCHOOL CARE 900099 224234 224234 REGISTRATION & FEES 611710 106065 106065 CLUBS 900099 103216 103216 SUMMER CAMP 900099 52485 52485 300 300 6138302 216051 216051 1658280 1447936 210344 210344 210344 113200 62791 57821 55379 55379 MISC. REVENUE 900099 774 774 774 7098894 5914068 0 706782 157120 157120 764039 524441 207824 31774 2732643 2500421 77599 154623 226686 207003 6473 13210 329922 307881 9046 12995 247635 216844 17859 12932 51535 51535 19335 19335 40653 23086 11667 5900 112955 36353 64209 12393 428818 387728 36993 4097 49986 49986 616064 431245 154016 30803 74698 74698 AUXILIARY 210709 210709 EDUCATIONAL SUPPLIES 60051 60051 FIELD TRIP 36290 36290 ADMISSION EXPENSES 30865 7845 23020 0 217355 131835 70000 15520 6407359 5238852 874260 294247 2990713 3550829 6036 0 52370 12545 150078 149420 12112099 7908874 4386658 4203225 5990746 6515775 49862 86437 13626463 14518231 456234 438179 2643560 2810523 1056093 861068 14851 74940 4170738 4184710 X 9229285 9913133 226440 420388 9455725 10333521 13626463 14518231 X 691535 209939 -23678 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 923242 157503 93154 6069 1167830 828168 650 94424 923242 832894 400 56201 61327 828168 940814 450 -108370 832894 765709 1476 173629 940814 0.65790 0.34210 0 0 949359 949359 7274220 6001384 1272836 707991 610675 97316 3180529 1296815 1883714 4203225 OPERATING LEASE LIABILITY 74940 74940 7132378 209939 -157120 52819 7079559 19335 19335 7098894 6230904 0 6230904 19335 157120 176455 6407359 PART V, LINE 4: INTENDED USES OF THE ORGANIZATIONS'S ENDOWMENT FUNDS: THE ENDOWMENT WAS ESTABLISHED IN 2010 TO SUPPORT FIVE KEY AREAS - FINANCIAL AID, TEACHER ENRICHMENT, FACILITIES MAINTENANCE, TECHNOLOGY AND PROGRAMS CONSISTENT WITH THE SCHOOL'S MISSION INCLUDING ACADEMICS, ART, MUSIC, LANGUAGE, PHYSICAL EDUCATION, AND SOCIAL AND EMOTIONAL DEVELOPMENT. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS -157,120. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH TUITION REVENUE FOR FINANCIAL STATEMENTS 157,120. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NODISCRIMINATORY POLICY: NON-DISCRIMINATORY POLICY IS ADVERTISED ON WEBSITE, APPLICATION AND OTHER ADMISSIONS AND MARKETING MATERIALS AS PART OF SOLICITATION PROCESS. SILENT AUCTION 117137 62791 54346 29877 CARNIVAL 19005 19005 11130 4 34962 34962 12827 171104 62791 108313 53834 53834 54479 1 FINANCIAL AID 23 157120 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: THE RALEIGH SCHOOL USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL AID APPLICANT'S FINANCIAL INFORMATION. THIS SERVICE IS PROVIDED BY TADS. APPLICANTS SUBMIT THEIR FAMILY FINANCIAL INFORMATION TO TADS FOR PROCESSING. A SUMMARY REPORT OF THE FAMILY FINANCIAL INFORMATION IS SENT TO THE RALEIGH SCHOOL. ONCE THIS REPORT IS RECEIVED, THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. X X X X 0 0 0 0 0 0 0 0 0 KELLY JORDAN HEAD OF SCHOOL 274481 0 250 0 1587 0 24921 0 11198 0 312437 0 0 0 A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 2014-06-12 2750000 REFUND A PRIOR ISSUE 6/15/2006 0 0 0 A 1857000 2750000 2750000 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 1 BB&T 15.000000000000 0 0 0 0 0 A 1 X 24 154755 STOCK QUOTES 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION'S MEMBERS: ALL CURRENT PARENTS, LAWFUL GUARDIANS, FOSTER PARENTS, AND EMPLOYEES OF THE SCHOOL ARE ACTIVE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATION'S MEMBERS AND THEIR POWER TO ELECT THE GOVERNING BODY: AS OUTLINED IN THE SCHOOL'S BY-LAWS, MEMBERS OF THE RALEIGH SCHOOL'S GOVERNING STRUCTURE OR BOARD OF TRUSTEES ARE ELECTED BY "ACTIVE MEMBERS" OF THE ORGANIZATION. THIS ELECTION IS HELD AT THE SCHOOL'S ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B CONTEMPORANEOUS DOCUMENTATION OF MEETINGS: THE TREASURER AND ALL SUBCOMMITTEES OF THE BOARD OF TRUSTEES REPORT TO THE BOARD DURING BI-MONTHLY BOARD MEETINGS. MINUTES ARE KEPT AT BI-MONTHLY BOARD MEETINGS WHICH INCLUDE UPDATES FROM ALL SUBCOMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW: THE FORM 990 WAS GIVEN TO THE BOARD FINANCE COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: THE SCHOOL HAS A CONFLICT OF INTEREST POLICY. IT IS PART OF NEW BOARD TRAINING AND IS INCLUDED IN THE BOARD'S TRAINING MANUAL. THE CONFLICT OF INTEREST POLICY IS RENEWED AND SIGNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION: THE BOARD OF TRUSTEES ESTABLISHES COMPENSATION FOR THE HEAD OF SCHOOL. COMPENSATION IS SET AFTER CONSIDERING BENCHMARKS INCLUDING DATA FROM INDEPENDENT SCHOOL ORGANIZATIONS (NCAIS AND SAIS). THE HEAD OF SCHOOL SETS SALARIES FOR DIVISION DIRECTORS USING SIMILAR BENCHMARKS. FORM 990, PART VI, SECTION C, LINE 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC: GOVERNING DOCUMENTS ARE AVAILABLE ON-LINE. FORM 990 IS AVAILABLE IN THE SCHOOL'S BUSINESS OFFICE AND ON-LINE AT GUIDESTAR. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL TRUSTEES AND IS AVAILABLE TO THE PUBLIC AT THE SCHOOL'S OFFICES. THE QUARTERLY FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE BOARD OF TRUSTEES. THE TREASURER REPORTS TO THE BOARD OF TRUSTEES AT THE MONTHLY BOARD MEETINGS. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -23,678. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE RALEIGH SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL DAY SCHOOL SERVING CHILDREN FROM 18 MONTHS THROUGH FIFTH GRADE.