2026-05-05T17:12:58-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-07-01 131626154 THE REECE SCHOOL REEC 2122894872 25 EAST 104TH STREET NEW YORK NY 10029 DUNCAN LESTER EXECUTIVE DIRECTOR 2122894872 2026-05-05 1 1 MELISSA MODELSON P01603524 9143818900 2026-04-29 2024 2025-03-06 01:10:19Z DUNCAN LESTER 25 EAST 104TH STREET NEW YORK NY 10029 14522269 0 X WWW.REECESCHOOL.ORG X 1948 NY THE SCHOOL'S MOST SIGNIFICANT ACTIVITIES IN THE YEAR WERE THE FOLLOWING SERVICES TO THE COMMUNITY THAT ENCOMPASSED THE FIVE BOROUGHS OF NEW YORK CITY: A COMPREHENSIVE ACADEMIC AND THERAPEUTIC SCHOOL AGE PROGRAM FOR 90 INTELLECTUALLY CAPABLE, PSYCHOLOGICALLY FRAGILE CHILDREN AGES 5 - 13, INCLUDING BOTH ACADEMIC AND RELATED SERVICES IN SPEECH, OT, COUNSELING, AND INDEPENDENT LIVING. 6 6 154 6 0 0 50360 158154 12206978 14313863 0 0 72582 50252 12329920 14522269 0 0 0 0 8792387 10238760 0 0 6059 3847487 4337630 12639874 14576390 -309954 -54121 22786616 21891587 22076285 21282132 710331 609455 X THE REECE SCHOOL PROVIDES AN ACADEMIC LOWER AND UPPER SCHOOL SPECIAL EDUCATION PROGRAM FOR CHILDREN WHO REQUIRE MORE SUPPORT THAN CAN BE PROVIDED IN A TRADITIONAL PUBLIC SCHOOL SETTING. REECE STUDENTS ARE ACADEMICALLY CAPABLE BUT MAY BE PSYCHOLOGICALLY FRAGILE OR FACE CHALLENGES THAT IMPACT THEIR ABILITY TO FULLY ACCESS THEIR EDUCATION IN THEIR CURRENT PLACEMENT. OUR MISSION IS TO EMPOWER EACH STUDENT TO REACH THEIR FULL POTENTIAL IN A NURTURING, STRUCTURED, AND SUPPORTIVE ENVIRONMENT. 0 0 12940165 0 14313863 THE REECE SCHOOL SERVES ACADEMICALLY CAPABLE STUDENTS WHO MAY BE PSYCHOLOGICALLY FRAGILE OR HAVE CHALLENGES THAT INTERFERE WITH THEIR ABILITY TO SUCCEED IN A TRADITIONAL SCHOOL ENVIRONMENT. OUR STUDENTS MAY HAVE SPEECH AND LANGUAGE IMPAIRMENTS, EMOTIONAL OR LEARNING DISABILITIES, AUTISM CLASSIFICATIONS, OR OTHER SPECIAL NEEDS. AT REECE, EACH CHILD RECEIVES INDIVIDUALIZED ACADEMIC, SOCIAL, AND EMOTIONAL SUPPORT WITHIN A WELL-STRUCTURED, CARING, AND INCLUSIVE SETTING. OUR GOAL IS TO FOSTER GROWTH, CONFIDENCE, AND SUCCESS FOR EVERY STUDENT. 198973 0 0 THE REECE SCHOOL OFFERS A RANGE OF SUPPLEMENTAL PROGRAMS FUNDED BY IDEA GRANTS FROM FEDERAL AGENCIES. THESE PROGRAMS, WHICH ARE NOT INCLUDED IN THE NYSED TUITION RATE, ARE DESIGNED TO SUPPORT STUDENT DEVELOPMENT BEYOND THE TRADITIONAL SCHOOL DAY. THEY INCLUDE:- SATURDAY PROGRAMS - FAMILY ENGAGEMENT INITIATIVES - SOCIAL SKILLS TRAINING - CURRICULUM DEVELOPMENT PROJECTS - SPORTS TEAMS AND ACTIVITY CLUBS THESE ENHANCEMENTS SUPPORT OUR MISSION BY ADDRESSING THE DIVERSE NEEDS OF OUR STUDENTS AND FAMILIES, FOSTERING WELL-ROUNDED GROWTH AND ENGAGEMENT. 13139138 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 8 0 154 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X PAULO SOUZA 2122894872 25 EAST 104TH STREET NEW YORK NY 10029 ANDREAS KAMPOURIS PRESIDENT/CHAIRMAN 0.50 0.60 X X 0 0 0 MARK MAGILL SECRETARY 0.50 0.60 X X 0 0 0 BELLA CANARTE TREASURER 0.50 0.60 X X 0 0 0 LAUREN ALPERIN BOARD MEMBER 0.50 0.60 X 0 0 0 KRISTEN DUFFY BOARD MEMBER 0.50 0.60 X 0 0 0 RICHARD ISSACS BOARD MEMBER 0.50 0.60 X 0 0 0 DUNCAN LESTER EXECUTIVE DIRECTOR 40.00 0.60 X 278064 0 48969 PAULO SOUZA CHIEF FINANCIAL OFFICER 40.00 0.60 X 201510 0 5983 ASHLEY L GARTNER CURRICULUM COORDINATOR 37.50 0.00 X 137123 0 20737 KAREN SULLIVAN SOCIAL SKILLS COORDINATOR 37.50 0.00 X 128177 0 20564 ERICA CORVIN CLINICAL COORDINATOR 37.50 0.00 X 125740 0 3741 JACLYN LOPRESTI SPEECH THERAPIST 37.50 0.00 X 111038 0 19544 THOMAS BOYLE CURRICULUM UPPER SCHOOL 37.50 0.00 X 108746 0 0 1090398 0 119538 11 0 1 0 HIBUILD LLC 23 OAK TAVERN CIRCLE BRANCHBURG NJ 08876 CONSTRUCTION SERVICES 223890 HUNTLEIGH USA CORPORATION 545 E JOHN CARPENTER FREEWAY SUIT IRVING TX 75062 SECURITY SERVICES 193747 AFFIRMED TECHNOLOGIES 13711 131 AVENUE JAMAICA NY 11436 INFO TECH SERVICES 186067 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 10528 AUDIT AND TAX SERVICES 158010 4 158154 158154 TUITION 611710 14313863 14313863 14313863 OTHER INCOME 900099 40819 40819 BAD DEBT RECOVERY 900099 9433 9433 50252 14522269 14313863 0 50252 563088 512577 50511 182432 182432 7780183 7061869 718314 126084 115944 10140 812737 747374 65363 774236 711970 62266 39853 39853 131335 131335 448208 321128 127080 13594 13594 414166 392696 16219 5251 63648 63648 2304082 2304082 45300 45300 65814 65814 143446 26422 116920 104 134956 87879 46373 704 91300 44481 46819 REPAIRS AND MAINTENANCE 282019 282019 STUDENT ACTIVITIES 159539 159539 FOOD EXPENSES 370 370 14576390 13139138 1431193 6059 165804 130134 17088 118814 2057076 2462751 1711227 1304980 500971 406247 20045677 18773641 22786616 21891587 1441604 1340033 1519715 1630696 19114966 18311403 22076285 21282132 X 710331 609455 0 0 710331 609455 22786616 21891587 X -54121 -46755 X X 0 1 X 1 0 X 91738 91738 9910 9910 0 1316180 1111702 204478 293399 183368 110031 406247 RIGHT OF USE ASSET 17343340 DUE FROM THE REECE FOUNDATION 660020 INTEREST IN THE NET ASSETS OF THE FOUNDATION 174244 SECURITY DEPOSIT 150000 LEASE COMMISSION 446037 18773641 OPERATING LEASE LIABILITY 18186658 DUE TO LOCAL SCHOOL BOARD 40480 DEFERRED COMPENSATION LIABILITY 27975 DUE TO RELATED PARTIES 56290 18311403 X 14527136 14300 14300 14512836 9433 9433 14522269 14581257 14300 14300 14566957 9433 9433 14576390 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 9,433. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 9,433. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS AVAILABLE ON ITS WEBSITE FOR PUBLIC VIEWING. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES TUITION AND GRANT SUPPORT FROM THE NYS DEPARTMENT OF HEALTH AND THE NEW YORK CITY DEPARTMENT OF EDUCATION. X X X X 0 0 0 0 0 0 0 0 0 DUNCAN LESTER EXECUTIVE DIRECTOR 277290 0 0 0 774 0 9077 0 39892 0 327033 0 0 0 PAULO SOUZA CHIEF FINANCIAL OFFICER 201510 0 0 0 0 0 5983 0 0 0 207493 0 0 0 ASHLEY L GARTNER CURRICULUM COORDINATOR 137123 0 0 0 0 0 4115 0 16622 0 157860 0 0 0 CHARLOTTE LESTER DAUGHTER OF EXECUTIVE DIRECTOR 77560 EMPLOYMENT ARRANGEMENT 0 ALEXANDER SOUZA SON OF CFO 52680 EMPLOYMENT ARRANGEMENT 0 MARINA SOUZA DAUGHTER OF CFO 49392 EMPLOYMENT ARRANGEMENT 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS THE ELLEN REECE LEGACY CORP. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER HAS THE AUTHORITY TO ELECT DIRECTORS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE THE APPROVAL OF THE ORGANIZATION'S SOLE MEMBER: ELECTION OF BOARD MEMBERS; ELECTION AND REMOVAL OF OFFICERS; AND AMENDING THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE. WHEN IT IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C AT THE ANNUAL MEETING OF THE BOARD, THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE OFFICERS AND TRUSTEES. ANNUALLY, EACH OFFICER AND TRUSTEE IS REQUIRED TO SIGN A STATEMENT INDICATING WHETHER CONFLICTS MAY EXIST, INCLUDING AN AGREEMENT TO DISCLOSE ANY CONFLICTS THAT MAY ARISE IN THE INTERM. IN ADDITION TO THE ANNUAL STATEMENTS REQUIRED BY THIS POLICY, A TRUSTEE, OFFICER, KEY EMPLOYEE, OR DESIGNATED PROFESSIONAL STAFF MEMBER, MUST DISCLOSE TO THE AUDIT COMMITTEE THE EXISTENCE OF A PERSONAL INTEREST THAT MAY GIVE RISE TO A CONFLICT OF INTEREST, AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE AUDIT COMMITTEE. A KEY EMPLOYEE (OR ANY PROFESSIONAL STAFF MEMBER DESIGNATED BY THE BOARD) MAY DISCLOSE THIS INTEREST TO THE EXECUTIVE DIRECTOR WHO MAY ADDRESS THE ISSUE DIRECTLY OR REFER IT TO THE AUDIT COMMITTEE, BUT IF THE EXECUTIVE DIRECTOR DEALS DIRECTLY WITH THE REPORT OF A CONFLICTING INTEREST, HE WILL REPORT HIS DETERMINATION TO THE AUDIT COMMITTEE PRIOR TO THE NEXT MEETING OF THE BOARD. AT A REGULAR OR SPECIAL MEETING OF THE AUDIT COMMITTEE, THE INTERESTED TRUSTEE OR OFFICER (OR, UPON REFERRAL OF THE EXECUTIVE DIRECTOR, THE KEY EMPLOYEE OR OTHER DESIGNATED PROFESSIONAL) SHALL DISCLOSE THE FINANCIAL OR OTHER PERSONAL INTEREST GIVING RISE TO THE CONFLICT AND ALL MATERIAL FACTS. THE FOLLOWING CONDITIONS WILL APPLY: A) THE INTERESTED INDIVIDUAL SHALL NOT ATTEMPT TO INFLUENCE THE COMMITTEE DELIBERATION OR VOTING RELATED TO THE TRANSACTION OR ARRANGEMENT. B) AFTER THE PRESENTATION, THE INTERESTED INDIVIDUAL SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, ANY SUCH TRANSACTION OR ARRANGEMENT. C) AFTER REVIEW, THE AUDIT COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS, WHETHER A CONFLICT OF INTEREST EXISTS AND WHETHER THE TRANSACTION OR ARRANGEMENT INVOLVING A POSSIBLE CONFLICT OF INTEREST IS IN THE CORPORATION'S BEST INTEREST AND WHETHER IT IS FAIR AND REASONABLE. IT SHALL THEN MAKE ITS DECISION AS TO WHETHER TO APPROVE THE PROPOSED TRANSACTION OR ARRANGEMENT. BECAUSE THE CORPORATION RELIES UPON TRUSTEES WHO ARE ACTIVELY ENGAGED IN THE COMMUNITY, IT IS NOT UNUSUAL FOR ITS TRUSTEES TO BE ON THE VOLUNTEER GOVERNING BOARDS OF NOT FOR PROFIT ORGANIZATIONS WITH WHICH THE CORPORATION MAY UNDERTAKE TRANSACTIONS. IN SUCH CASES, THE TRUSTEE MUST DISCLOSE THE RELATIONSHIP, MAY PRESENT ANY RELEVANT INFORMATION, BUT MUST LEAVE THE ROOM FOR DISCUSSION AND VOTING UPON THAT PARTICULAR TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL'S LABOR AND HR MATTERS ARE REVIEWED BY REECE LEGAL COUNSEL. A REVIEW OF THE EXECUTIVE DIRECTOR'S AND CFO'S COMPENSATION AND MEDICAL BENEFITS IS CONDUCTED BY THE BOARD OF TRUSTEES' COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE ALSO REVIEWS A COMPENSATION SURVEY FOR HEALTH BENEFITS AND REGIONAL NUMBERS ISSUED BY NYSED IS CONSIDERED TO GUIDE COMPENSATION. THE BOARD CALCULATES THE EXECUTIVE SALARIES BASED ON THE RSU (RATE SETTING UNIT) METHODOLOGY AND THE EXECUTIVE COMPENSATION SURVEY, AND PUT THEIR DETERMINATION IN A FIVE-YEAR CONTRACT. THE BOARD ALSO REVIEWS THE COUNSEL'S REPORT AND VOTES ON THE RECOMMENDATION. APPROVAL OF THE FINAL DETERMINATION OF COMPENSATION FOR THE OFFICERS IS DOCUMENTED IN THE BOARD MINUTES. EVERY YEAR NYS EDUCATION DEPARTMENTS GIVES SPECIAL EDUCATION SCHOOLS WITH TREND-FACTOR (RAISE) RATES TO THE SCHOOLS TUITION. THESE RATES ARE PASSED ALONG TO EMPLOYEE COMPENSATION COSTS AS COMPENSATION RAISE METHODOLOGY. THE LAST TREND FACTOR RATES USED FOR THE COMPENSATION RAISES WAS IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN THE INTEREST OF THE FOUNDATION -46,755. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEARS. THE REECE FOUNDATION CORP 25 EAST 104TH STREET NEW YORK NY 10029 822408511 SUPPORT THE MISSION OF THE REECE SCHOOL NY 501(C)(3) LINE 7 THE ELLEN REECE LEGACY CORP 0 THE ELLEN REECE LEGACY CORP 25 EAST 104TH STREET NEW YORK NY 10029 852586255 OWNER OF REAL PROPERTY NY 501(C)(3) LINE 12B, II N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0