2024-04-26T13:19:08-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2022-07-01 050258934 PROVIDENCE COUNTRY DAY SCHOOL PROV 4014385170 660 WATERMAN AVENUE EAST PROVIDENCE RI 029141714 KEVIN FOLAN HEAD OF SCHOOL 4014385170 2024-04-26 1 KEVIN FOLAN XXX-XX-XXXX 0 EVA MRUK P00543254 4016216200 2024-04-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEVIN FOLAN 660 WATERMAN AVENUE EAST PROVIDENCE RI 029141714 9846667 0 X PROVIDENCECOUNTRYDAY.ORG X 1923 RI TO INSPIRE LIVES OF ENGAGED CITIZENSHIP IN AN INCLUSIVE COMMUNITY THAT VALUES THE UNIQUE STRENGTHS OF ALL STUDENTS. 30 29 157 62 0 0 1469671 1277581 8058897 8322815 80 209 228925 178521 9757573 9779126 1768910 1526825 0 0 5300144 5498563 0 0 250422 2786792 2856133 9855846 9881521 -98273 -102395 8303418 9272386 4706608 5563391 3596810 3708995 X THE MISSION OF THE PROVIDENCE COUNTRY DAY SCHOOL IS TO INSPIRE LIVES OF ENGAGED CITIZENSHIP IN AN INCLUSIVE COMMUNITY THAT VALUES THE UNIQUE STRENGTHS OF ALL STUDENTS. BY SETTING HIGH STANDARDS FOR ACADEMIC ACHIEVEMENT, ETHICAL BEHAVIOR, AND COMMUNITY PARTICIPATION, PCD EMPOWERS STUDENTS TO GROW WITH CONFIDENCE AND PREPARE FOR A LIFETIME OF LEARNING AND LEADERSHIP TO MEET THE CHALLENGES OF AN EVER-CHANGING WORLD. 0 0 6637590 1526825 8212023 THE PROVIDENCE COUNTRY DAY SCHOOL IS AN NEASC ACCREDITED INDEPENDENT SCHOOL OFFERING A LOWER, MIDDLE, AND HIGH SCHOOL EDUCATION FOR PRE-K THROUGH 12TH GRADERS, INCLUDING ACADEMIC INSTRUCTION AND EXTRACURRICULAR ACTIVITIES. 416713 0 193191 THE ORGANIZATION'S AUXILIARY SERVICES INCLUDES FOOD SERVICES, TEXTBOOK SALES, ATHLETICS, AND FUNCTIONS FOR STUDENTS AND FACULTIES. 7054303 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 13 0 157 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MARY MILLARD 4014385170 660 WATERMAN AVENUE EAST PROVIDENCE RI 02914 KEVIN FOLAN HEAD OF SCHOOL 40.00 X X 179226 0 24555 PATRICK MCQUADE PRESIDENT 5.00 X X 0 0 0 ROBERT KHOURY VICE PRESIDENT 1.00 X X 0 0 0 PAULA MCNAMARA VICE-PRESIDENT 1.00 X X 0 0 0 HAMZA CHAUDARY SECRETARY 1.00 X X 0 0 0 AMY HICKS TREASURER 1.00 X X 0 0 0 KATE FARRINGTON ASSISTANT SECRETARY 1.00 X X 2500 0 0 DOUGLAS AMES TRUSTEE 1.00 X 0 0 0 CAROLINE APARO TRUSTEE 1.00 X 0 0 0 AMARA ATELLA TRUSTEE 1.00 X 0 0 0 DAVID N BAZAR TRUSTEE 1.00 X 0 0 0 RODMAN RICK BLACK TRUSTEE 1.00 X 0 0 0 ANTHONIO CAPONE JR TRUSTEE 1.00 X 0 0 0 SARA READ COTE TRUSTEE 1.00 X 0 0 0 JJ GILBANE TRUSTEE 1.00 X 0 0 0 KATHERINE GOETZ TRUSTEE 1.00 X 0 0 0 ROBERT D GOLDBERG TRUSTEE 1.00 X 0 0 0 EVAN GOLDSTEIN TRUSTEE 1.00 X 0 0 0 ANDREW KELTON TRUSTEE 1.00 X 0 0 0 ARNOLD KEE TRUSTEE 1.00 X 0 0 0 SANDRA MARTIN TRUSTEE 1.00 X 0 0 0 LUIS MATOS TRUSTEE 1.00 X 0 0 0 OLUFEMI KEVIN MENAWONU TRUSTEE 1.00 X 0 0 0 JOHN H MULLEN TRUSTEE 1.00 X 0 0 0 SUZANNE OPPENHEIMER TRUSTEE 1.00 X 0 0 0 LIZA PINTO TRUSTEE 1.00 X 0 0 0 ALLISON ROGERS TRUSTEE 1.00 X 0 0 0 KENNETH B RYVICKER TRUSTEE 1.00 X 0 0 0 JONATHAN N SAVAGE TRUSTEE 1.00 X 0 0 0 TONY SIMON TRUSTEE 1.00 X 0 0 0 MARK MCLAUGHLIN ASSOCIATE HEAD OF SCHOOL 40.00 X 124044 0 51423 MARY MILLARD DIRECTOR OF FINANCE 40.00 X 101962 0 11623 KYLE QUADROS HEAD OF LOWER SCHOOL 40.00 X 102500 0 2336 510232 0 89937 4 0 1 0 SUPERIOR CONSTRUCTION GROUP 6 VALLEY ROAD MIDDLETOWN RI 02842 BUILDING RENOVATIONS 837250 FLIK DINING SERVICES INC PO BOX 417362 BOSTON MA 02241 DINING SERVICES 417241 2 251804 8722 1017055 172226 1277581 TUITION & FEES 611710 8032057 8032057 AUXILIARY SERVICES 611710 193191 193191 SUMMER CAMP & OTHER PR 611710 97567 97567 8322815 209 209 61750 61750 55770 0 55770 55770 55770 81850 251804 42700 39150 39150 813 0 813 813 27790 24841 2949 2949 DUES TO PTO 900099 17700 17700 MISCELLANEOUS 900099 389 389 18089 9779126 8405214 0 96331 1526825 1526825 200130 51907 148223 4356504 2830753 1337899 187852 45734 23057 22677 543997 389722 145315 8960 352198 199563 137510 15125 1109 1109 42961 42961 23702 23702 240861 162742 78119 127238 14867 112371 281526 186788 94738 41660 11648 30012 4412 4412 481426 309564 171862 63245 63245 60169 28258 31911 134855 83533 45872 5450 415728 288173 114799 12756 FOOD SERVICE EXPENSE 416713 416713 REPAIRS & MAINTENANCE 255688 234804 20884 MISCELLANEOUS EXPENSE 137315 122468 14738 109 INSTRUCTIONAL EXPENSES 104974 104974 22551 287 2094 20170 9881521 7054303 2576796 250422 748194 833603 8876 28249 95838 125933 129698 171477 50797 59807 15595271 10190621 4499138 5404650 2503173 2638667 267704 10000 8303418 9272386 709440 904130 956628 1712059 3015058 2916484 25482 30718 4706608 5563391 X 75067 56584 3521743 3652411 3596810 3708995 8303418 9272386 X -102395 214580 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2503173 44401 214580 99785 23702 2638667 2508256 233578 -129644 88464 20553 2503173 1889893 70238 653087 83922 19040 2510256 1986450 2160 -1063 81199 18455 1889893 1955071 32172 96412 79422 17783 1986450 0.00000 1.00000 0.00000 1 0 248193 248193 14168096 9200771 4967325 1178982 989850 189132 5404650 BENEFICIAL INTEREST IN COMMUNITY FOUNDATION 2638667 F 2638667 X 8468020 24841 24841 8443179 23702 1312245 1335947 9779126 8355835 24841 24841 8330994 23702 1526825 1550527 9881521 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT ASSETS ARE HELD BY THE RHODE ISLAND FOUNDATION IN SEPARATE FUNDS FOR FACULTY SALARIES AND DEVELOPMENT, STUDENT ACTIVITIES, GENERAL OPERATIONS, AND FINANCIAL AID. 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, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 24,841. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 1,526,825. CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY A COMMUNITY FOUNDATION -214,580. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 24,841. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 1,526,825. 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 PUBLISHES ITS RACIALLY NON DISCRIMINATORY POLICY ON THE HOMEPAGE OF THE SCHOOL'S WEBSITE. THE SCHOOL ALSO ADVERTISES ITS RACIALLY NON DISCRIMINATORY POLICY IN NEWSPAPER ADS AND IN THE SCHOOL'S PRINTED PUBLICATIONS DISTRIBUTED TO THE PUBLIC DESCRIBING THE SCHOOL PROGRAM. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED A GRANT FROM THE FEDERAL EMERGENCY MANAGEMENT AGENCY. PLAY FOR PCD GOLF OUTING 333654 251804 81850 2542 18560 18262 3336 333654 251804 81850 2542 18560 18262 3336 42700 39150 1 FINANCIAL AID 176 1526825 PART I, LINE 2: THE BOARD OF TRUSTEES APPROVES THE TOTAL FINANCIAL AID AVAILABLE FOR THE YEAR. THE DIRECTOR OF ADMISSIONS, ALONG WITH THE FINANCIAL AID COMMITTEE, DETERMINE THE INDIVIDUAL AWARDS TO BE GIVEN OUT TO STUDENTS BASED ON THE NEEDS OF THE STUDENTS. ACCOUNTING POSTS THE AWARDS TO INDIVIDUAL STUDENTS' ACCOUNTS SO THAT EACH STUDENT IS BILLED THE GROSS TUITION LESS THE AMOUNT OF THE AWARD. X 1 1 X X X 0 0 0 0 0 0 0 0 0 KEVIN FOLAN HEAD OF SCHOOL 175259 0 0 0 3967 0 3585 0 20970 0 203781 0 0 0 MARK MCLAUGHLIN ASSOCIATE HEAD OF SCHOOL 124044 0 0 0 0 0 2481 0 48942 0 175467 0 0 0 PART I, LINE 1A THE SCHOOL PAID SOCIAL CLUB MEMBERSHIP DUES FOR KEVIN FOLAN, HEAD OF SCHOOL. THE AMOUNT WAS INCLUDED IN HIS TAXABLE COMPENSATION AND IS REPORTED IN PART II, COLUMN B(III). A RHODE ISLAND COMMERCE CORPORATION 050356994 000000000 2017-12-28 2567270 IMPROVEMENTS TO THE SCHOOL CAMPUS AND REFINANCE NOTE PAYABLE 0 0 0 A 376973 2567270 51345 938856 1577069 2017 0 0 1 1 A 0 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 0 0 0 0 A 0 X 21 1913 COST X 26 COST X 1043 COST X 12 162683 AVG. SELLING PRICE X 4 755 COST X TICKETS 61 5806 DONATED VALUE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES DAVID BAZAR AND CAROLINE APARO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE DIRECTOR OF FINANCE AND OPERATIONS AS WELL AS THE TREASURER OF THE BOARD. ONCE ANY REQUIRED CHANGES ARE MADE PURSUANT TO THEIR REVIEW, A COMPLETE COPY IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IT CONSISTENTLY MONITORS AND ENFORCES. EACH OFFICER AND TRUSTEE IS REQUIRED TO ANNUALLY SUBMIT TO THE DIRECTOR OF FINANCE AND ADMINISTRATION A SIGNED STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. THE DISCLOSURES ARE REVIEWED BY THE BOARD OF TRUSTEES WHO DETERMINES WHETHER CONFLICTS OF INTEREST EXISTS, AND THE APPROPRIATE ACTIONS TO BE TAKEN. THE INTERESTED BOARD MEMBERS ARE RECUSED FROM THE DELIBERATIONS AND VOTE ON THE RELATED MATTERS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE PERFORMS A REVIEW OF THE HEAD OF SCHOOL EVERY TWO YEARS WHICH INCLUDES A REVIEW OF HIS COMPENSATION. THE COMMITTEE REFERS TO A COMPENSATION STUDY BASED ON DATA PROVIDED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS TO ENSURE COMPENSATION IS IN LINE WITH SIMILAR INSTITUTIONS. THE LAST COMPENSATION REVIEW OCCURRED IN FISCAL YEAR 2022 AND THE DELIBERATIONS AND DECISION WERE CONTEMPORANEOUSLY DOCUMENTED. 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 AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, AND BY-LAWS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY A COMMUNITY FOUNDATION 214,580. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.