2024-12-16T14:36:16-05:00 2024-06-30 141604297 RBT CPAS LLP 2678 SOUTH RD STE 101 POUGHKEEPSIE NY 126015254 990 2023-07-01 141414451 DUTCHESS DAY SCHOOL DUTC 8456775014 415 ROUTE 343 MILLBROOK NY 12545 NANCY HATHAWAY PRESIDENT 8456775014 2024-12-11 true true ELISSA N CASA CPA P01698036 8454855510 2024-12-11 2023 2024-10-15 13:58:12Z MATTHEW HEARD 415 ROUTE 343 MILLBROOK NY 12545 7108880 false X WWW.DUTCHESSDAY.ORG X 1954 NY SCHOOL - GRADES PRE K THROUGH 8 20 20 66 150 0 1767543 968620 5350706 5652803 443920 152631 -33035 117415 7529134 6891469 708795 676185 0 3879564 3965434 0 219430 1917536 2149250 6505895 6790869 1023239 100600 16159811 16920808 3116467 3132761 13043344 13788047 SCHOOL - GRADES PRE K THROUGH 8 false false 5631507 676185 5652803 SCHOOL - GRADES PRE K THROUGH 8 5631507 true true false false false false false false false true true false false false false true true false true false false false false false true false false false true true false false false false true false false false true false false false false false false false false true 25 0 true 66 true false false false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false X X MARY DEGENNARO 8456775014 415 ROUTE 343 MILLBROOK NY 12545 MATTHEW HEARD HEAD OF SCHO 45.00 X X 276657 0 63174 NANCY HATHAWAY PRESIDENT 2.00 X X 0 0 0 JOHN ALLEN VICE PRESIDE 2.00 X X 0 0 0 JEFF SMITH TREASURER 2.00 X X 0 0 0 HEATHER PATTERSON SECRETARY 2.00 X X 0 0 0 JOHN QUARTARARO TRUSTEE-EXEC 2.00 X X 0 0 0 NICOLE DRURY TRUSTEE-EXEC 2.00 X X 0 0 0 MARCO BELLIN TRUSTEE 2.00 X 0 0 0 SCOTT BRIEN TRUSTEE 2.00 X 0 0 0 ELIOT CLARKE TRUSTEE 2.00 X 0 0 0 ANDREW GARCIA TRUSTEE 2.00 X 0 0 0 PATRICK MCCURDY TRUSTEE 2.00 X 0 0 0 CINDY MCWILLIAMS TRUSTEE 2.00 X 0 0 0 JEREMY MICHAEL TRUSTEE 2.00 X 0 0 0 DEBBIE-ANN MORLEY TRUSTEE 2.00 X 0 0 0 JENNIFER NISI TRUSTEE 2.00 X 0 0 0 JASON PAGE TRUSTEE 2.00 X 0 0 0 SHANNON VOLLMER TRUSTEE 2.00 X 0 0 0 AMELIA WILSON TRUSTEE 2.00 X 0 0 0 REED MINOR TRUSTEE 2.00 X 0 0 0 AMANDA RUANE TRUSTEE 2.00 X 0 0 0 KENJI LARSEN RESIGNED 11/ 2.00 X 0 0 0 276657 63174 1 false true false 8150 960470 105378 968620 TUITION INCOME 5296352 5296352 SCHOOL PROGRAM INCOME 345201 345201 FEE INCOME 11250 11250 5652803 253609 253609 99069 100328 99719 -1259 -99719 -100978 -100978 28180 8150 17364 10816 10816 MISCELLANEOUS INCOME 106599 106599 106599 6891469 5658424 264425 676185 676185 378213 312655 50162 15396 2827319 2292112 409170 126037 143054 114384 21931 6739 320506 279027 31843 9636 296342 243856 40106 12380 23480 23480 47558 47558 34030 34030 94861 7939 86922 474759 392864 54597 27298 381634 315802 43888 21944 EDUCATION EXPENSES 426576 425415 1161 SPECIAL EXPENSES 337685 337685 OTHER PROGRAMS 233583 233583 ADMISSIONS EXPENSE 38823 38823 56261 56261 6790869 5631507 939932 219430 11858 23474 2023136 2369547 692931 727651 50638 33585 16157737 9047530 7266765 7110207 5911179 6636435 203304 19909 16159811 16920808 462570 554129 2653897 2578632 3116467 3132761 X 10728083 11713965 2315261 2074082 13043344 13788047 16159811 16920808 X 100600 644103 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4987286 90740 492467 -101256 5469237 4816486 71301 243349 -143850 4987286 5284534 200692 -389363 -279377 4816486 4187638 265590 831306 5284534 4175876 -3 209197 -197432 4187638 0.80560 0.19440 true false 64673 64673 7013958 5263001 1750957 6515616 2026356 4489260 261473 214866 46607 2302017 1543307 758710 7110207 X 6876751 644103 -676185 -32082 6908833 -17364 -17364 6891469 6132048 17364 17364 6114684 676185 676185 6790869 SCHEDULE D, PAGE 2, PART V, LINE 4 DUTCHESS DAY SCHOOL'S ENDOWMENT FUNDS CONSISTS OF MUTUAL FUNDS MAINTAINED BY TIFF MAF AND VANGUARD GROUP. THE SCHOOL'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. PERMANENTLY RESTRICTED NET ASSETS CONSIST OF ENDOWMENT FUND INVESTMENTS TO BE HELD INDEFINITELY. TEMPORARILY RESTRICTED NET ASSETS CONSIST OF ENDOWMENT FUND INVESTMENTS TO BE USED FOR THE FOLLOWING PURPOSES: BUCHANAN FAMILY FOUNDATION: DESIGN & INNOVATION LAB WASHINGTON FINANCIAL AID GIFT FACULTY SALARIES SCHOLARSHIP SCOTT CARLIN MEMORIAL FUND DONOR ENDOWMENT EARNINGS BOOKFAIR BANNER DESIGN & INNOVATION LAB MUSIC SOUND SYSTEM CATHERINE KINSEY: BOOKS PATTERSON: SCHOOL EVENTS PARENT FIELD DAY FUNDRAISER: ATHLETIC EQUIPMENT OUTDOOR CLASSROOM FUNDS AUCTION 2023: OUTDOOR PLAY DUVAL DONATION: LATIN SUPPLIES DYSON GRANT: PLAYGROUND AND OUTDOOR LEARNING AREAS THE PRIMARY OBJECTIVE OF THE SCHOOL'S INVESTMENT STRATEGY IS TO PROVIDE A STEADY STREAM OF FUNDS TO SUPPORT THE OPERATIONS OF THE SCHOOL IN PERPETUITY. SCHEDULE D, PAGE 3, PART X THE SCHOOL FILES AN ANNUAL FORM 990 AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, NO FEDERAL OR NEW YORK STATE TAXES ARE PAID BY THE SCHOOL. THE SCHOOL HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170 (B)(1)(A)(VI). THE SCHOOL ADOPTED THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REGARDING ACCOUNTING FOR UNCERTAIN TAX POSITIONS. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS PRIOR TO 2021. SCHEDULE D, PAGE 4, PART XI, LINE 2D FINANCIAL AID TO STUDENTS -676,185 SCHEDULE D, PAGE 4, PART XI, LINE 4B SPECIAL EVENT EXPENSES -17,364 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSES 17,364 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID TO STUDENTS 676,185 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY HAS BEEN PUBLISHED AS A GROUP WITH FAIRCHESTER SCHOOLS IN THE NY TIMES. SCHEDULE E, LINE 6 DUTCHESS DAY SCHOOL RECEIVES REIMBURSEMENTS FROM THE NEW YORK STATE EDUCATION DEPARTMENT FOR MANDATED SERVICES. IN ORDER TO RECEIVE REIMBURSEMENT, THE SCHOOL MUST MEET THE REQUIREMENTS OF THE MANDATE AND HAVE DOCUMENTATION TO SUPPORT IT. PARENT FIELD DA 36330 8150 28180 3125 7600 6639 36330 8150 28180 3125 7600 6639 17364 10816 true FINANCIAL AID 48 676185 FMV SCHOLARSHIPS SCHEDULE I, PAGE 1, PART I, LINE 2 ASSISTANCE USED TO REDUCE TUITION BILL, NOT DIRECTLY GIVEN TO INDIVIDUAL RECIPIENT. X X true true X X X X X false false false false false false false true false MATTHEW HEARD HEAD OF SCHOOL 239768 30000 6889 2953 60221 339831 SCHEDULE J, PAGE 1, PART I, LINE 1A THE ORGANIZATION PROVIDES FOR THE PAYMENT OF SOCIAL CLUB FEES AND A RESIDENCE FOR PERSONAL USE TO THE CURRENT HEAD OF SCHOOL, MATTHEW HEARD. THE PAYMENT OF SOCIAL CLUB FEES IS TAXABLE TO THE RECIPIENT. THE PROVISION OF A RESIDENCE FOR PERSONAL USE BY THE SCHOOL IS NOT TAXABLE TO THE RECIPIENT. THE RESIDENCE PROVIDED TO THE CURRENT HEAD OF SCHOOL FOR PERSONAL USE IS LOCATED ON SCHOOL GROUNDS. THE SCHOOL HAS THE UNIMPAIRED AND CONTINUAL USE OF THE HOUSE FOR SCHOOL FUNCTIONS INCLUDING MEETINGS FOR FUNDRAISING, COMMUNITY OUTREACH, ENTERTAINMENT, EVENTS, EDUCATIONAL PROGRAMS, STUDENT AND ALUMNI AND PARENT RELATIONS, ADMINISTRATIVE SESSIONS, AND FACULTY AND STAFF DEVELOPMENT. THE ORGANIZATION IS RESPONSIBLE FOR PAYMENTS RELATING TO REPAIRS AND MAINTENANCE, LANDSCAPING, UTILITIES, AND TELEPHONE/INTERNET SERVICES. SCHEDULE J, PAGE 1, PART I, LINE 7 THE ORGANIZATION PAID A BONUS IN THE AMOUNT OF 30,000 TO THE ORGANIZATION'S HEAD OF SCHOOL, MATTHEW HEARD, AT JUNE 30, 2024. THE BONUS WAS NOT SPECIFIED IN THE EMPLOYMENT CONTRACT OR DETERMINED BY A FIXED FORMULA. THE BONUS WAS SPECIFIED IN A MEMORANDUM AT THE ANNUAL COMPENSATION MEETING. 8250 NEED-BASED AID EDUCATION X 1 100328 FAIR MARKET VALUE X SUPPLIES 1 50 FAIR MARKET VALUE X AUCTION ITEMS 1 5000 FAIR MARKET VALUE false false false SCHEDULE M, PAGE 2, PART II SCHEDULE M, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED BY THE FILING ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 AND FINANCIAL STATEMENTS ARE REVIEWED FIRST BY THE AUDIT COMMITTEE AND THEN PRESENTED TO THE BOARD AND APPROVED BY THE BOARD AT THEIR MEETING IMMEDIATELY PRIOR TO THE FILING OF THE 990. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST DISCLOSURE STATEMENT IS COMPLETED ANNUALLY BY THE TRUSTEES AT THE SEPTEMBER BOARD MEETING. WHERE A POTENTIAL CONFLICT OF INTEREST EXISTS, IT SHALL BE THE RESPONSIBILITY OF THE PERSON INVOLVED OR ANY OTHER PERSON WITH KNOWLEDGE TO NOTIFY THE BOARD OF TRUSTEES OF THE CIRCUMSTANCES RESULTING IN THE POTENTIAL CONFLICT, SO THAT THE BOARD OF TRUSTEES CAN PROVIDE SUCH GUIDANCE AND TAKE SUCH ACTION AS IT SHALL DEEM APPROPRIATE. FORM 990, PAGE 6, PART VI, LINE 15A AN EXECUTIVE COMPENSATION COMMITTEE REVIEWS THE CONTRACT ALONG WITH A REPORT OF COMPARABLE SCHOOLS' EXECUTIVE COMPENSATION THAT IS PROVIDED BY NAIS EVERY OTHER YEAR. DUTCHESS DAY SCHOOL PERFORMS THIS PROCESS INTERNALLY FOR THE ALTERNATIVE YEARS. THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE HEAD OF SCHOOL'S COMPENSATION WITH THE BOARD OF TRUSTEES AND OBTAINS THEIR APPROVAL ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC THROUGH THE WEBSITE GUIDESTAR. FORM 990, PART XI, LINE 9 FINANCIAL AID TO STUDENTS -676,185 SPECIAL EVENT EXPENSES 17,364 SPECIAL EVENT EXPENSES -17,364 FINANCIAL AID TO STUDENTS 676,185