2024-04-09T22:18:40-05:00 2023-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2022-07-01 050369037 ST MICHAEL'S COUNTRY DAY SCHOOL STMI 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 TED FERRY BUSINESS MANAGER 4018495970 2024-04-08 1 TED FERRY 999009999 1 AMBER BICHUN P01718349 4014214800 2024-04-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TED FERRY 180 RHODE ISLAND AVENUE NEWPORT RI 02840 8029558 0 X WWW.SMCDS.ORG X 1976 RI DEVELOP COURAGEOUS LEARNERS AND CARING CITIZENS WHO ARE WORLD READY. 15 14 146 50 0 0 759400 869238 5506197 6826814 57961 -112680 28519 -20902 6352077 7562470 1284652 1538142 0 0 3315452 4034425 0 0 243761 1185899 1357554 5786003 6930121 566074 632349 8714550 9683127 1312656 1332208 7401894 8350919 DEVELOP COURAGEOUS LEARNERS AND CARING CITIZENS WHO ARE WORLD READY. 0 0 5792338 1538142 6565169 PROVIDING OF ELEMENTARY SCHOOL EDUCATION (GRADES PRESCHOOL THROUGH GRADE 8) SERVING APPROXIMATELY 238 STUDENTS DURING FY 2023. 261645 PROVISION OF SPECIAL PROGRAMS CONSISTING OF MUSIC, AFTER-SCHOOL ACTIVITIES, TUTORING, SUMMER AND THEATER CAMPS, WHICH ARE PROVIDED OUTSIDE OF REGULAR CLASS WORK, FOR APPROXIMATELY 654 STUDENTS DURING FY 2023. 5792338 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 146 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X TED FERRY 4018495970 180 RHODE ISLAND AVENUE NEWPORT RI 02840 WALTER LANDBERG HEAD OF SCHOOL 50.00 X X 215305 0 39187 JAMES POWELL TREASURER 8.00 X X 0 0 0 AMY MARTIN CHAIR 8.00 X X 0 0 0 SUSAN LOVEJOY SECRETARY 8.00 X X 0 0 0 ANDREW SALEM VICE CHAIR 8.00 X X 0 0 0 ISABELLA DANA RIDALL TRUSTEE 5.00 X 0 0 0 KELLY RICHARDS TRUSTEE 5.00 X 0 0 0 CURT RICHARDSON TRUSTEE 5.00 X 0 0 0 MERVAN OSBORNE TRUSTEE 5.00 X 0 0 0 CHRISTOPHER MCNALLY TRUSTEE 5.00 X 0 0 0 DORRANCE BENSON TRUSTEE 5.00 X 0 0 0 SHEIKA EGAN TRUSTEE 5.00 X 0 0 0 JESSICA PHILLIPS TRUSTEE 5.00 X 0 0 0 JULIANNA BARBIERI TRUSTEE 5.00 X 0 0 0 ALVARA LONDONO TRUSTEE 5.00 X 0 0 0 EDWARD FERRY DIRECTOR OF FINANCE 40.00 X 110238 0 16908 325543 0 56095 2 0 1 0 GRG PLAYSCAPES 4121 S 6TH ST MILWAUKEE WI 53221 PLAYGROUND MANUFACTURER 578590 1 97587 771651 173989 869238 TUTION AND FEES 611110 6565169 6565169 SPECIAL PROGRAMS 611110 261645 261645 6826814 18334 18334 26890 0 26890 26890 26890 10367 220899 80593 281687 -70226 -60788 -131014 -131014 40509 97587 104808 -64299 -64299 OTHER INCOME 611110 16507 16507 16507 7562470 6826814 0 -133582 1538142 1538142 425408 425408 2721743 2495101 159862 66780 107139 98374 5048 3717 541662 418960 122702 238473 198420 35796 4257 19539 19539 22175 22175 17421 17421 7242 576 366 6300 12685 12397 288 20611 9937 9916 758 128051 119088 6402 2561 12349 12349 396252 368514 19813 7925 62950 47624 13990 1336 OTHER OPERATING EXPENSE 206605 102622 102997 986 REPAIRS & MAINTENANCE 153578 142829 7678 3071 SUPPLIES 153035 123651 10054 19330 EVENT EXPENSE 91809 75248 12811 3750 53252 53252 6930121 5792338 894022 243761 1160377 253203 18466 1026252 33196 111049 91177 82202 12563937 6855661 5155481 5708276 2255853 2502145 8714550 9683127 506618 541097 611517 651551 194521 139560 1312656 1332208 X 5164793 6157215 2237101 2193704 7401894 8350919 8714550 9683127 632349 316676 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2001295 161774 17622 2145447 2358052 -271295 85462 2001295 1959678 479987 81613 2358052 1967483 73132 80937 1959678 1980477 65971 31409 47556 1967483 0.80000 0.20000 0 0 81955 81955 10607837 5563236 5044601 373923 288580 85343 1446595 950218 496377 53627 53627 0 5708276 X 6428391 316676 104808 421484 6006907 17421 1538142 1555563 7562470 5479366 104808 104808 5374558 17421 1538142 1555563 6930121 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE MAINTENANCE OF THE VAN BEUREN BUILDING, NEED-BASED SCHOLARSHIPS, DIVERSITY AND LEARNING DISABLED, PROFESSIONAL DEVELOPMENT FOR TEACHERS IN THE STUDY OF ALTERNATIVE LEARNING METHODS, AND FACULTY ENRICHMENT BEYOND THE CLASSROOM. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF OPERATING EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 104,808. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUTION ASSISTANCE 1,538,142. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 104,808. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUTION ASSISTANCE 1,538,142. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS ON THE SCHOOL'S WEBSITE DIVERSITY AND COMMUNITY PAGE: HTTPS://SMCDS.ORG/ABOUT/DIVERSITY-AND-COMMUNITY/ 85TH ANNIVERSARY GALA 138096 97587 40509 35575 30139 11975 27119 138096 97587 40509 35575 30139 11975 27119 104808 -64299 1 NEED BASED FINANCIAL AID 106 1538142 PART I, LINE 2: THE FINANCIAL AID AWARDS ARE CREDITED TO THE STUDENT'S ACCOUNT THROUGH THE STUDENT BILLING SOFTWARE IN THE BUSINESS OFFICE. FOR RECIPIENTS OF NEED-BASED FINANCIAL AID, THE SCHOOL USES SCHOOL AND STUDENT SERVICES AS A GUIDE WHICH REQUIRES 2 YEARS OF INCOME TAX RETURNS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 WALTER LANDBERG HEAD OF SCHOOL 185305 0 0 0 30000 0 10198 0 28989 0 254492 0 0 0 PART I, LINE 1A ST. MICHAEL'S COUNTRY DAY SCHOOL PROVIDES THE HEAD OF SCHOOL WITH A HOUSING ALLOWANCE. THIS IS TREATED AS TAXABLE INCOME. PART I, LINE 3 ST. MICHAEL'S COUNTRY DAY SCHOOL UTILIZES A COMPENSATION COMMITTEE THAT COMPARES THE COMPENSATION OF KEY INDIVIDUALS TO COMPENSATION PAID TO INDIVIDUALS IN SIMILAR POSIITONS AT SIMILAR-SIZED SCHOOLS. THE RESULTS OF THE COMMITTEE ARE REPORTED TO THE BOARD OF DIRECTORS. THE DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED. CHILDREN OF BOARD MEMBERS 50970 FINANCIAL AID GRANTS X 25 9590 FMV X EQUIPMENT & MAINTENANCE SUPPLIES 29 173989 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY FINANCE COMMITTEE MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS OVERSEEN BY THE GOVERNANCE COMMITTEE. ANY POTENTIAL CONFLICT WOULD BE REVIEWED WITH THE BOARD MEMBER. IF A CONFLICT WAS JUDGED TO EXIST, HE OR SHE WOULD BE ADVISED TO RECUSE HIMSELF OR HERSELF FROM DISCUSSION AND VOTING ON ANY RELATED ISSUE. IF THE CONFLICT IS SEVERE, THE INDIVIDUAL WOULD BE ADVISED TO RECUSE HIMSELF OR HERSELF FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS COMPARES THE COMPENSATION OF KEY INDIVIDUALS TO COMPENSATION PAID TO INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR-SIZED SCHOOLS. THE RESULTS OF THE COMMITTEE ARE REPORTED TO THE BOARD OF DIRECTORS. THE DELIBERATIONS AND DECISION REGARDING THE COMPENSATION WAS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. 990, PART XII, LINE 2C: THE SCHOOL'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.