2024-07-11T14:15:50-05:00 2023-06-30 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2022-07-01 581091170 The Children's School % ROSLYN BENJAMIN CHIL 4048736985 345 Tenth Street NE Atlanta GA 30309 ERIKA ELLISON ASST BUSINESS OPERAT 4048736985 2024-07-15 true ERIKA ELLISON 999009999 SABRE J LINAHAN P01372980 4048746244 2024-07-15 3 2022 2023-04-26 12:10:37Z Roslyn Benjamin 345 Tenth Street NE Atlanta GA 30309 10738760 false X wwww.tcsatl.org X 1970 GA THE MISSION OF THE CHILDREN'S SCHOOL IS TO ENRICH MINDS AND INSPIRE DREAMS. 12 12 126 179 0 312728 319369 10024932 9887022 152519 35686 0 0 10490179 10242077 1094914 1163394 0 0 6519905 7228980 0 0 466512 3450661 3757438 11065480 12149812 -575301 -1907735 22567351 21904097 9425604 10355889 13141747 11548208 X THE MISSION OF THE CHILDREN'S SCHOOL IS TO ENRICH MINDS AND INSPIRE DREAMS. THE CHILDREN'S SCHOOL IS A PROGRESSIVE ELEMENTARY SCHOOL SERVING STUDENTS FROM AGE 3 THROUGH EIGHTH GRADE IN A DIVERSE COMMUNITY IN MIDTOWN ATLANTA. GROUNDED IN PRINCIPLES OF EXCELLENCE, INNOVATION AND PLAY, THE CHILDREN'S SCHOOL GRADUATES PASSION-DRIVEN YOUNG ADULTS WHO LEAD LIVES OF PURPOSE IN AN INTERCONNECTED WORLD. false false 8199063 1163394 9056612 ELEMENTARY SCHOOL EDUCATION SERVICES PROVIDED TO 373 STUDENTS FROM AGE 3 - GRADE 8 FOR 171 INSTRUCTIONAL DAYS. THE CHILDREN'S SCHOOL'S CURRICULUM STRIVES TO INSTILL IN EACH CHILD THE CONFIDENCE TO TAKE RESPONSIBILITY FOR THEIR EDUCATION AT AN EARLY AGE. WE INCORPORATE A HANDS-ON APPROACH TO LEARNING, ENCOURAGING CREATIVITY AND SELF-RELIANCE. SCHOLASTIC RECORDS PROVE STUDENTS REALIZE NOT ONLY ACADEMIC POTENTIAL BUT ALSO STRENGTHENED SELF-IMAGE, EMOTIONAL SKILLS AND LIFELONG LEARNING SKILLS. 732701 597799 THE EXTENDED DAY AND SUMMER LEARNING PROGRAM (EDSL) INCLUDES DISCOVERY & EPIC OPEN UNTIL 6 PM EACH SCHOOL DAY, SERVING 177 STUDENTS; AN ENRICHMENT PROGRAM, OFFERING OVER 16 CLASSES SERVING 137 STUDENTS; A VIBRANT PERFORMING ARTS PROGRAM, WITH CHORUS, BAND, TCS PLAYERS, AND JR. PLAYERS SERVING 52 STUDENTS IN 4 CLASSES; AND ATHLETIC PROGRAMS SERVING 134 STUDENTS IN 18 SPORTS. 105295 232611 TCS SUMMER CAMP OFFERS SEVERAL PROGRAMS SERVING CHILDREN FROM 3 YEARS OLD - 8TH GRADE. DISCOVERY SUMMER CAMP IS GEARED FOR STUDENTS UP TO RISING 3RD GRADERS AND IS DESIGNED TO KEEP BRAINS BUZZING AND HANDS MOVING AND IS THE PERFECT BALANCE OF PLAY AND EDUCATION. DISCOVER CAMPS OFFER 6 WEEKLY THEMED SUMMER SESSIONS, WITH A TOTAL OF 374 PARTICIPANTS. INNOVATOR'S PLAYGROUND SERVES RISING THIRD THROUGH EIGHTH GRADERS AND IS A SPACE WHERE PLAY, PASSION AND PURPOSE CONVERGE. THE CAMPS OFFER CHALLENGE-BASED PROGRAMMING WITH ACCESS TO THE LATEST TECHNOLOGY, DESIGN THINKING AND PROJECT AND PASSION-BASED LEARNING. TCS SUMMER BRIDGE CAMP IS FOR RISING KINDERGARTENERS THROUGH RISING THIRD GRADERS AND IS OPEN ONLY TO STUDENTS OF TCS. FEATURING A LOW STUDENT/TEACHER RATIO AND INDIVIDUALIZED CURRICULUM, SUMMER BRIDGE HELPS LEARNING LAST ALL SUMMER IN TWO WEEKLY SESSIONS. 9037059 true true false false false false false false false true true false false false true true false true true false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 41 0 true 126 true false false false false false true true false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false GA X ROSLYN BENJAMIN 4048736985 345 TENTH STREET NE Atlanta GA 30309 X Roslyn Benjamin HEAD OF SCHOOL 50.0 0.0 X 255892 0 52514 Erika Ellison ASSISTANT HEAD OF SCHOOL 40.0 0.0 X 158213 0 8543 Kathleen Cole DIRECTOR OF HUMAN RESOURCES 40.0 0.0 X 128672 0 19566 Pauline Jennett DIRECTOR OF ENROLLMENT 40.0 0.0 X 115059 0 11696 Christy Robinson DIRECTOR OF SCHOOL CULTURE 40.0 0.0 X 111060 0 12161 AMY HAYES BOARD MEMBER 1.0 0.0 X 0 0 0 KERRI KOPP MURPHY BOARD MEMBER 1.0 0.0 X 0 0 0 DORIS LEE BOARD MEMBER 1.0 0.0 X 0 0 0 CYNTHIA LIVINGSTON BOARD MEMBER 1.0 0.0 X 0 0 0 LAURA MELTON BOARD MEMBER 1.0 0.0 X 0 0 0 MIKE RYAN BOARD MEMBER 1.0 0.0 X 0 0 0 KRISTEN BARNETT BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN BELL BOARD MEMBER 1.0 0.0 X 0 0 0 JENNIFER BURNS BOARD MEMBER 1.0 0.0 X 0 0 0 JANE GORE BOARD MEMBER 1.0 0.0 X 0 0 0 DAMIAN KAVANAGH BOARD MEMBER 1.0 0.0 X 0 0 0 FABIENNE LAUTURE BOARD MEMBER 1.0 0.0 X 0 0 0 LATRESA MCLAWHORN RYAN BOARD MEMBER 1.0 0.0 X 0 0 0 KATE NAZZARO BOARD MEMBER 1.0 0.0 X 0 0 0 KERRI MURPHY BOARD MEMBER 1.0 0.0 X 0 0 0 HOPE PAGA BOARD MEMBER 1.0 0.0 X 0 0 0 TAMARA PEARSON BOARD MEMBER 1.0 0.0 X 0 0 0 SARAH SCALIA BOARD MEMBER 1.0 0.0 X 0 0 0 768896 0 104480 5 false true false TECHNICAL MANAGEMENT SERVICES 515 CARTER RD GRIFFIN GA 30224 FACILITIES MGMT 471591 INFINITY 1040 BOULEVARD SE STE H ATLANTA GA 30312 INFORMATION TECH 105288 2 319369 319369 TUITION 9056612 9056612 DISCOVERY PROGRAM AND CAMP 830410 830410 9887022 86075 86075 0 0 0 0 0 446294 496683 -50389 -50389 -50389 0 0 0 0 0 0 0 0 0 0 10242077 9887022 35686 0 1163394 1163394 0 0 463397 341173 100070 22154 0 5498951 4048562 1187496 262893 144900 100180 36612 8108 699023 579003 98260 21760 422709 306845 94857 21007 0 53934 53934 139336 139336 0 0 18341 18341 168287 52315 115972 59208 14505 44703 450920 218217 183227 49476 318583 242123 76460 0 903926 700711 203215 37546 37546 0 0 95705 73693 22012 0 638711 485420 153291 171630 132929 38701 SCHOOL ACTIVITIES 285132 284617 315 200 PROFESSIONAL DEVELOPMENT 116254 65915 15230 35109 MATERIALS & SUPPLIES 101024 101024 BAD DEBT EXPENSES 64841 15562 49279 134060 73325 59633 1102 12149812 9037059 2646241 466512 X 3755250 2369209 382120 400213 239000 149597 5213640 6110938 0 0 0 0 0 0 0 0 67980 35317 20414940 11061397 9737117 9353543 3172244 3485280 0 0 0 0 0 0 0 0 22567351 21904097 524952 712433 0 0 6531896 7448262 0 0 0 0 0 0 1705000 1515833 0 0 663756 679361 9425604 10355889 X 12186283 10853297 955464 694911 13141747 11548208 22567351 21904097 -1907735 314196 X X false true X true false X 348978 220844 1326023 312728 319369 2527942 0 0 348978 220844 1326023 312728 319369 2527942 165440 2362502 66373 66054 31580 53502 86075 303584 0 421 91 0 512 2832038 49340008 0.83421 0.71557 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3554363 21387 309743 3885493 4133224 21279 -600140 3554363 3348803 55259 729162 4133224 3327171 29231 22541 30140 3348803 3147411 15241 180655 16136 3327171 0.86460 0.13540 false false 895349 895349 9184744 6699036 2485708 8320813 2660958 5659855 1617987 1467221 150766 396047 234182 161865 9353543 0 OTHER LIABILITIES 679361 679361 X 9515809 314196 314196 9201613 18341 1022123 1040464 10242077 11109348 11109348 18341 1022123 1040464 12149812 Schedule D, Part V, Question 4 THE CHILDREN'S SCHOOL ENDOWMENT IS INTENDED TO PROVIDE SUPPORT TO THE SCHOOL IN PERPETUITY. EACH YEAR, AT LEAST 10% OF ALL COLLECTIONS FROM THE ANNUAL FUND AND ANY CAPITAL CAMPAIGN, NET OF EXPENSES, SHALL BE DESIGNATED BY THE BOARD AS BOARD DESIGNATED ENDOWMENT FUNDS. AT THE TIME THAT THE ENDOWMENT FUND REACHES $1,000,000, AN INVESTMENT MANAGER WAS TO INVEST THE PORTFOLIO, WITH A GOAL TO PRESERVE THE REAL PURCHASING POWER OF THE ASSETS AND MAXIMIZE YIELD ON INVESTMENT WHILE DIVERSIFYING RISK. THE OBJECTIVE IS TO ATTAIN A REAL TOTAL RETURN OF AT LEAST 5% OVER THE LONG TERM. AFTER THE FUND REACHES $2,000,000, THE DISTRIBUTION OF SPENDABLE INCOME TO SUPPORT OPERATION OF THE SCHOOL WILL BE 0-5% OF THE AVERAGE MARKET VALUE FOR THE PRECEDING 12 QUARTERS. Schedule D, Part X, Question 2 TCS is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Association is included in TCS's consolidated income tax return. The School annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the School meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the School is subject to examination by the federal and state taxing authorities. In general, the School is no longer subject to tax examinations for tax years ending before June 30, 2020. Schedule D, Part XI, Question 4b $1,022,123 FINANCIAL AID Schedule D, Part XII, Question 4b $1,022,123 FINANCIAL AID true true true true true true true false false false false false false false false false false true Schedule E, Question 3 NONDISCRIMINATORY POLICY IS PUBLISHED IN VARIOUS LOCAL NEWSPAPERS AND JOURNALS DURING THE PERIOD OF SOLICITATION FOR STUDENTS. THE POLICY IS ALSO PUBLISHED ON THE ORGANIZATION'S WEBSITE AND IN ADMISSION BROCHURES. true Need Based Financial Assistance 99 1163394 FMV Financial Aid Schedule I, Part I, Question 2 The Children's School uses TADS to calculate need of individuals who apply. From this information, we add information the family provides directly to the school on our form. In addition, we require the individuals to provide copies of tax returns, W-2's, 1099's and any other income form. Based on need, we award financial aid, giving priority to returning students. X X X X X false true false false false false false true false Roslyn Benjamin HEAD OF SCHOOL 231104 0 24200 0 588 0 21973 0 31451 0 309316 0 0 0 Erika Ellison ASSISTANT HEAD OF SCHOOL 147213 0 10700 0 300 0 0 0 9452 0 167665 0 0 0 Schedule J, Part I, Question 4b The Children's School maintains a nonqualified plan for key employees. Total expense the year ending June 30, 2023 was $12,000. This amount was reported as deferred compensation. Schedule J, Part I, Question 7 The Children's School executive committee assesses performance each year based on assessment criteria. Based on this evaluation, the board awards a bonus, based on performance, with a cap of the total amount that can be awarded. Form 990, Part VI, Question 11B The Children's School Head of School and finance committee reviewed the Form 990 in its entirety. The Board is given access to the tax return prior to filing. Form 990, Part VI, Question 12C The Children's School has a written conflict of interest policy that is updated and signed by all employees, trustees and major independent contractors annually. Copies of this policy are kept in the business officer's office. Form 990, Part VI, Question 15a & 15b THE COMPENSATION FOR THE HEAD OF THE SCHOOL IS SET BY CONTRACT AND IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS USES BOARD SOURCE, AND THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) BENCHMARKING REPORTS TO DETERMINE IF THE COMPENSATION IS COMPETITIVE. IN ADDITION, THE BOARD REVIEWS THE SOUTHERN ASSOCIATION OF INDEPENDENT SCHOOLS AND LOCAL COMPETITIVE SCHOOL SALARIES AND BENEFITS BY COMPARING OTHER COMPENSATION THROUGH THE 990 REPORTING ON GUIDESTAR. THE HEAD OF SCHOOL SETS THE SALARIES FOR THE BUSINESS MANAGER, THE ASSOCIATE HEAD OF SCHOOL AND THE DIRECTOR OF HUMAN RESOURCES. THESE SALARIES ARE REVIEWED AGAINST COMPARABLE SCHOOLS THROUGH GUIDESTAR AND BENCHMARKING THROUGH NAIS. Form 990, Part VI, Question 19 The Children's School maintains its governing documents, conflict of interest policy and financial statement on site in the Business Managers office. These documents are made available to the public, school's donors, bank officers, and parents for review in the office upon request. Form 990, Part XII, Line 2b, Consolidation For tax purposes, The Children's School is consolidated with a disregarded association, The Children's School Parents' Association, and treated as one, combined legal entity.