2024-03-22T01:39:11-05:00 2023-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2022-07-01 521128002 THE HEIGHTS INC HEIG 3013654300 10400 SEVEN LOCKS ROAD POTOMAC MD 20854 JAMES M MCNIFF CFO 3013654300 2024-03-20 1 JAMES MCNIFF 999009999 1 LAURA KIELCZEWSKI P00740769 3016529100 2024-02-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALVARO DE VICENTE 10400 SEVEN LOCKS ROAD POTOMAC MD 20854 32449451 0 X WWW.HEIGHTS.EDU X 2001 MD ELEMENTARY AND SECONDARY SCHOOL FOR BOYS GRADES 3-12 14 10 94 45 0 0 3155903 3356273 18219125 19495725 110629 320742 276873 -43348 21762530 23129392 3652269 3792259 0 0 10947352 9936447 0 149030 1349770 5387200 7532956 19986821 21410692 1775709 1718700 28496015 30022937 17702899 17239973 10793116 12782964 X THE HEIGHTS SCHOOL IS A PRIVATE, INDEPENDENT, PREPARATORY SCHOOL FOR BOYS, GRADES THREE TO TWELVE. THE SCHOOL ASSISTS PARENTS IN THE INTELLECTUAL, MORAL, PHYSICAL AND SPIRITUAL EDUCATION OF THEIR SONS. DEDICATED FACULTY IMPART RIGOROUS ACADEMIC TRAINING IN ALL THE MAJOR AREAS OF THE LIBERAL ARTS. FORMATION IN VIRTUE FOSTERS RESPECT FOR EVERY PERSON, A DESIRE TO SERVE GOD AND OTHERS, AND AN OPTIMISTIC ATTITUDE TOWARDS LIFE'S CHALLENGES. THE SCHOOL'S CHRISTIAN ORIENTATION AND SPIRITUAL FORMATION ARE ENTRUSTED TO OPUS DEI, A PERSONAL PRELATURE OF THE CATHOLIC CHURCH. 0 0 16502162 3792259 18710964 PROVIDE ELEMENTARY AND SECONDARY EDUCATION TO 600 BOYS, GRADES 3-12 OVER COURSE OF 170-DAY SCHOOL YEAR. SERVICE PROGRAM INCLUDES CLASSROOM INSTRUCTION, EXTRACURRICULAR PROGRAMS, AND FAMILY SUPPORT ACTIVITIES. 710003 838878 PROVIDE SUMMER CAMP ACTIVITIES TO 450 BOYS, AGES 4-16 DURING THE SUMMER MONTHS OF JUNE, JULY AND AUGUST. SERVICE PROGRAM INCLUDES CAMPS FOR ATHLETICS, ACADEMIC AND ENRICHMENT SUBJECTS. 17212165 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 57 0 1 94 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 10 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 MD X THE ORGANIZATION 3013654300 10400 SEVEN LOCKS ROAD POTOMAC MD 20854 ANDY PEREZ-BENZO BOARD MEMBER 2.00 X 0 0 0 ANTHONY FALCONE TREASURER 4.00 X X 0 0 0 DANIEL BEATTY BOARD MEMBER 2.00 X 0 0 0 EDDY MOSS BOARD MEMBER 2.00 X 0 0 0 JAMES MCNIFF BOARD MEMBER 2.00 X 0 0 0 JOHN MESSENGER BOARD MEMBER 2.00 X 0 0 0 KATHERINE REITZ BOARD MEMBER 2.00 X 0 0 0 KRISTINA ARCHEVAL BOARD MEMBER 2.00 X 0 0 0 LAWRENCE OLSEN SECRETARY 4.00 X X 0 0 0 LEE GOODWIN BOARD MEMBER 2.00 X 0 0 0 MICHAEL FERGUSON BOARD MEMBER 2.00 X 0 0 0 PATRICK R KILNER CHAIR 4.00 X X 0 0 0 TIMOTHY CARNEY BOARD MEMBER 2.00 X 0 0 0 XAVIER ARGUELLO BOARD MEMBER 2.00 X 0 0 0 ALVARO DE VICENTE HEADMASTER 60.00 X 227220 0 21375 PHILIP J MCGOVERN CHIEF FINANCIAL OFFICER 60.00 X 269967 0 40337 ANDREW REED MIDDLE SCHOOL HEAD 55.00 X 227870 0 67306 AUSTIN HATCH TEACHER 55.00 X 193241 0 92533 COLIN GLEASON LOWER SCHOOL HEAD 55.00 X 176007 0 68153 GERARD BABENDREIER TEACHER 50.00 X 192390 0 32876 THOMAS ROYALS ASSISTANT HEADMASTER 55.00 X 184904 0 35963 1471599 0 358543 28 0 1 0 FIDELITY MECHANICAL SERVICES 25 LOVETON CIRCLE SPARKS MD 21152 HVAC MECHANICAL SERVICES 417013 WILLIAMS BUS COMPANY PO BOX 1272 SPRINGFIELD VA 22151 TRANSPORTATION SERVICES 248160 VIGNOLA CATERING 11612 BOILING BROOK PLACE ROCKVILLE MD 20852 CATERING AND HOT LUNCH SERVICE 212917 SENTRAL SERVICES 11218 MIDVALE RD KENSINGTON MD 20895 CLEANING SERVICES 155051 THE ABBEY GROUP 27977 SILVERADO CANYON RD SILVERADO CA 92676 DEVELOPMENT CONSULTING 149030 8 239800 3116473 585996 3356273 TUITION & RELATED FEES 611110 18159918 18159918 AUXILIARY SERVICES 611710 1335807 1335807 19495725 215868 215868 24875 0 24875 24875 24875 9137343 9032469 104874 104874 104874 154370 239800 287590 -133220 -133220 BAD DEBT RECOVERY 900099 54117 54117 10880 10880 64997 23129392 19549842 0 223277 3792259 3792259 562025 393961 116450 51614 6307525 4457152 1254918 595455 346137 226710 94844 24583 2152178 1409619 589712 152847 568582 406454 111638 50490 5070 5070 31697 31697 149030 149030 26940 26940 377155 284906 92249 15856 624 15232 354343 137479 94282 122582 116426 116426 823033 823033 313638 313019 247 372 368603 368603 1507891 1507891 110378 110378 TUITION REMISSION 1520530 1520530 STIPENDS 1113832 1035528 63629 14675 FOOD AND CONSUMABLES 315845 58447 108473 148925 EDUCATIONAL MATERIALS 175701 164319 11382 356018 201877 130176 23965 21410692 17212165 2848757 1349770 4281561 4648406 1004226 1113892 220994 145941 34761788 18429433 17230419 16332355 5758815 7698639 83704 28496015 30022937 590869 503196 5503085 5205870 11153520 10802554 214590 620676 240835 107677 17702899 17239973 X 7879383 8643416 2913733 4139548 10793116 12782964 28496015 30022937 1718700 271148 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1124245 431918 101683 19270 1638576 808486 389834 -51714 22361 1124245 605725 195682 25589 18510 808486 432617 171915 16024 14831 605725 299833 112000 20784 432617 0.00000 0.96385 0.03615 0 0 817418 817418 30090860 15278326 14812534 3221180 2627922 593258 632330 523185 109145 16332355 FINANCE LEASE LIABILITY 107677 107677 X 19868931 271148 -3792259 -3521111 23390042 26940 -287590 -260650 23129392 17879083 287590 287590 17591493 26940 3792259 3819199 21410692 PART V, LINE 4: PROCEEDS OF EARNINGS ON ORIGINAL ENDOWMENT AMOUNTS ARE RESTRICTED BY THE DONORS TO BE USED FOR FINANCIAL AID AND PLANT IMPROVEMENTS AS DEEMED CONSISTENT TO THE SPECIFIC ENDOWMENT PURPOSE. THE EARNINGS, LOSSES, AND EXPENDITURES OF THESE FUNDS ARE REPORTED AS TEMPORARILY RESTRICTED NET ASSETS. PART X, LINE 2: THE SCHOOL DID NOT HAVE ANY UNRELATED BUSINESS INCOME DURING THE YEARS ENDED JUNE 30, 2023 AND 2022. ACCORDINGLY, THESE STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE SCHOOL IS REQUIRED TO FILE, AND DOES FILE, TAX RETURNS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND OTHER TAXING AUTHORITIES. TAX RETURNS FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2019 REMAIN OPEN. THE SCHOOL HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN INCOME TAX POSITIONS. DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, THE SCHOOL DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH TUITION ON BOOKS -3,792,259. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -287,590. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 287,590. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH TUITION ON BOOKS 3,792,259. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 PART 1 QUESTION 3 THE POLICY IS PUBLICIZED THROUGH PRINTED MATERIALS AND PERIODIC ADVERTISEMENTS. X X X X 0 THE ABBEY GROUP 27977 SILVERADO CANYON ROAD SILVERADO CA 92676 DEVELOPMENT CONSULTING 0 0 149030 -149030 149030 -149030 MARYLAND DAY GALA 227225 152475 74750 110769 64174 GARDEN PARTY 91900 46650 45250 11395 47550 2 75045 40675 34370 27305 26397 394170 239800 154370 149469 138121 287590 -133220 1 SCHOLARSHIPS AND FINANCIAL AID 303 3792259 FMV SCHOLARSHIPS AND FINANCIAL AID PART I, LINE 2 THE BOARD OF THE SCHOOL DETERMINES THE TOTAL AMOUNT OF FINANCIAL AID AVAILABLE FOR ANY GIVEN YEAR AND LEAVES THE PROCESS OF CALCULATING INDIVIDUAL FINANCIAL AID AWARDS TO MANAGEMENT OFFICIALS OF THE SCHOOL. FINANCIAL AID IS AWARDED BY MEANS OF THE FOLLOWING PROCESS: A) FAMILIES OF STUDENTS WHO WISH TO BE CONSIDERED FOR FINANCIAL AID MAKE AN APPLICATION ONLINE WITH A CONTRACTED GRANT & AID SERVICE, B) THE RESULTS OF THAT APPLICATION ARE REVIEWED BY A FINANCIAL AID COMMITTEE COMPRISED OF SEVERAL MANAGEMENT OFFICIALS OF THE SCHOOL, AND C) A NOTICE OF FINANCIAL AID AWARD IS SENT TO THE FAMILY OF THE PROSPECTIVE STUDENT AS PART OF AN ENROLLMENT CONTRACT. X X 0 0 0 0 0 0 0 0 0 PHILIP J MCGOVERN CHIEF FINANCIAL OFFICER 269967 0 0 0 0 0 13655 0 26682 0 310304 0 0 0 ANDREW REED MIDDLE SCHOOL HEAD 227870 0 0 0 0 0 11431 0 55875 0 295176 0 0 0 AUSTIN HATCH TEACHER 193241 0 0 0 0 0 9678 0 82855 0 285774 0 0 0 ALVARO DE VICENTE HEADMASTER 227220 0 0 0 0 0 11361 0 10014 0 248595 0 0 0 COLIN GLEASON LOWER SCHOOL HEAD 176007 0 0 0 0 0 9190 0 58963 0 244160 0 0 0 GERARD BABENDREIER TEACHER 192390 0 0 0 0 0 9620 0 23256 0 225266 0 0 0 THOMAS ROYALS ASSISTANT HEADMASTER 184904 0 0 0 0 0 9245 0 26718 0 220867 0 0 0 A MONTGOMERY COUNTY MARYLAND 526000980 2015-07-29 14302000 REFINANCING 0 0 0 A 3499446 14302000 258546 14043454 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 1 0 0 0 0 A 0 BOARD MEMBERS 81200 FINANCIAL AID TUITION ASSISTANCE X 11 585996 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B OF PART I REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 PATRICK R. KILNER AND D. PATRICK KILNER, JR. HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE BY-LAWS OF THE HEIGHTS, INC., CALL FOR THE APPOINTMENT OF MEMBERS (NOT LESS THAN FIVE NOR MORE THAN SEVEN) WHOSE RESPONSIBILITY IS TO PROTECT AND PROMOTE THE ORIGINAL SPIRIT AND MISSION OF THE SCHOOL. TO THIS END, THEY APPOINT AND REMOVE MEMBERS OF THE BOARD OF DIRECTORS, AMEND THE ARTICLES OF INCORPORATION AND REVISE THE BY-LAWS, AND RESPOND TO INQUIRIES FROM THE BOARD OF DIRECTORS ON MATTERS RELATING TO THE SPIRIT AND MISSION OF THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 7A ONE OF THE RESPONSIBILITIES OF THE MEMBERS IS THE APPOINTMENT AND REMOVAL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HOLD THE RESPONSIBILITIES OF THE APPOINTMENT AND REMOVAL OF THE BOARD OF DIRECTORS; THE AMENDMENT OF THE ARTICLES OF INCORPORATION AND THE REVISION OF THE BY-LAWS; AND THE RESPONSE TO INQUIRIES FROM THE BOARD OF DIRECTORS ON MATTERS RELATING TO THE SPIRIT AND MISSION OF THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B A REVIEW OF THE DRAFT FORM 990 WILL BE CONDUCTED BY THE SCHOOL'S BUSINESS MANAGER PRIOR TO SUBMISSION TO THE IRS. THIS REVIEW WILL CONSIST OF A CAREFUL EXAMINATION OF THE RETURN FOR ACCURACY AND DISCUSSION OF ANY QUESTIONS/CONCERNS WITH THE FORM PREPARERS. FORM 990, PART VI, SECTION B, LINE 12C THE BY-LAWS OF THE HEIGHTS, INC., REQUIRE THAT DIRECTORS, OFFICERS, ADMINISTRATORS, FACULTY, AND OTHER EMPLOYEES OF THE SCHOOL DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THAT MAY EXIST IN CONNECTION WITH THEIR RESPONSIBILITIES AT THE SCHOOL. SO THAT THE BOARD OF DIRECTORS CAN PROVIDE GUIDANCE AND TAKE APPROPRIATE ACTION, AS A MEANS TO MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE A DISCLOSURE STATEMENT ANNUALLY DESCRIBING ANY POTENTIAL CONFLICTS OF INTEREST AND MEMBERSHIP ON OTHER BOARDS. FORM 990, PART VI, SECTION B, LINE 15 THE HEADMASTER IS THE KEY MANAGEMENT OFFICIAL FOR THE SCHOOL, AND THE PROCESS FOR DETERMINING HIS COMPENSATION IS AS FOLLOWS: A) THE HEADMASTER MEETS WITH THE CHAIRMAN OF THE BOARD ON OR BEFORE MAY 15TH FOR A FORMAL REVIEW OF THE JUST-COMPLETED SCHOOL YEAR; B) ANY ADJUSTMENT OF THE HEADMASTER'S COMPENSATION IS DETERMINED AS A RESULT OF THIS REVIEW; AND C) THE ADJUSTMENT MUST BE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD PRIOR TO JUNE 30TH. THE CHIEF FINANCIAL OFFICER IS THE KEY FINANCIAL OFFICER FOR THE SCHOOL, AND THE PROCESS FOR DETERMINING HIS COMPENSATION IS AS FOLLOWS: A) THE CHIEF FINANCIAL OFFICER MEETS WITH THE HEADMASTER ON OR BEFORE MAY 15TH FOR A FORMAL REVIEW OF THE JUST-COMPLETED SCHOOL YEAR; AND B) ANY ADJUSTMENT OF THE CHIEF FINANCIAL OFFICER'S COMPENSATION IS DETERMINED AS A RESULT OF THIS REVIEW. FORM 990, PART VI, SECTION C, LINE 19 UPON RECEIPT OF A WRITTEN REQUEST, AND WITH THE APPROVAL OF THE CHAIRMAN, HEADMASTER AND CHIEF FINANCIAL OFFICER, THE GOVERNING DOCUMENTS OF THE SCHOOL ARE MADE AVAILABLE FOR INSPECTION AT THE OFFICES OF THE SCHOOL.