2024-08-27T13:59:10-05:00 2023-06-30 452904270 KMA SC 225 W WASHINGTON ST STE 200 CHICAGO IL 60606 990 2022-07-01 391832986 MADISON COUNTRY DAY SCHOOL INC MADI 6088506000 5606 RIVER ROAD WAUNAKEE WI 53597 MARK BROOKS HEAD OF SCHOOL 6088506000 2024-07-23 1 0 JAMES E SCHMIDT CPA P00344009 3126290900 2024-07-15 2022 2024-08-08 14:25:15Z X MARK BROOKS 5606 RIVER ROAD WAUNAKEE WI 53597 12030211 0 X WWW.MADISONCOUNTRYDAY.ORG X 1995 WI TO PROVIDE AN ACADEMIC PROGRAM TO A DIVERSE STUDENT BODY AND ADVANCE EDUCATION BY CREATING PROGRAMS TO SERVE AS MODELS FOR OTHER SCHOOLS. 14 14 182 75 0 0 3236449 1420466 10176471 10429451 11752 164199 112342 16095 13537014 12030211 1747980 1787032 0 0 6779349 7355916 0 0 340818 3959919 3098161 12487248 12241109 1049766 -210898 17503825 16357271 8114941 7096301 9388884 9260970 X MADISON COUNTRY DAY SCHOOL PROVIDES AN INTELLECTUALLY STIMULATING, PERSONALLY ENRICHING, AND ACADEMICALLY CHALLENGING PROGRAM TO AN ABLE AND DIVERSE STUDENT BODY. WE MEASURE OUR CURRICULUM AND STUDENT ACHIEVEMENT AGAINST THE FINEST PROGRAMS IN THE WORLD. FURTHERMORE, WE ADVANCE EDUCATION BY CREATING PROGRAMS THAT SERVE AS MODELS FOR OTHER PRIVATE AND PUBLIC SCHOOLS. 0 0 10182337 1787032 10429451 MADISON COUNTRY DAY SCHOOL PROVIDES THE HIGHEST QUALITY OF ACADEMIC, ARTISTIC, AND ATHLETIC EDUCATION TO COLLEGE-BOUND STUDENTS, AND DEVELOPS MODEL EDUCATION PROGRAMS TO INSPIRE AND EDUCATE OTHERS. 10182337 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 59 0 182 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 WI X ALEKSANDRA DRABIK 6088506000 5606 RIVER ROAD WAUNAKEE WI 53597 MARK BROOKS HEAD OF SCHOOL 40.00 X 402146 0 40634 JAMES HALLICK CHAIR 1.00 X X 0 0 0 SCOTT NAGLE VICE CHAIR 1.00 X X 0 0 0 RICHARD SHEPLEY SECRETARY 1.00 X X 0 0 0 CAROLYN CHANDLER TRUSTEE 1.00 X 0 0 0 LINDSAY FERRIS TRUSTEE 1.00 X 0 0 0 LAUREL FRAZER TRUSTEE 1.00 X 0 0 0 NATHAN HERBST TRUSTEE 1.00 X 0 0 0 SOBIA KIRMANI-MOE TRUSTEE 1.00 X 0 0 0 TRACEY KOZIOL TRUSTEE 1.00 X 0 0 0 MONA MULDOWNEY TRUSTEE 1.00 X 0 0 0 LAUREN POWELL TRUSTEE 1.00 X 0 0 0 ANDREW RITTENHOUSE TRUSTEE 1.00 X 0 0 0 ALAN STEINHAUSER TRUSTEE 1.00 X 0 0 0 LINDA YU TRUSTEE 1.00 X 0 0 0 402146 0 40634 1 0 1 0 0 491066 929400 1420466 TUITION AND FEES 611600 9554099 9554099 AUXILIARY SERVICES 611710 875352 875352 10429451 164199 164199 4875 0 4875 4875 4875 11220 11220 11220 12030211 10429451 0 180294 1787032 1787032 428385 411249 17136 5948978 5085697 605740 257541 188396 161057 19183 8156 419069 358256 42671 18142 371088 317238 37785 16065 11215 11215 16053 16053 306480 306480 42661 34346 6476 1839 127170 100964 20801 5405 144275 116156 21901 6218 686665 672039 12566 2060 107608 107608 126255 126255 119311 116770 2183 358 582796 570382 10665 1749 74668 73078 1366 224 INSTRUCTIONAL SUPPLIES 571045 571045 DUES AND SUBSCRIPTIONS 137460 110669 20866 5925 FINANCE AND BANK FEES 44499 44499 12241109 10182337 1717954 340818 1807528 2235377 4806489 1344796 973929 758453 141829 152936 108824 101777 20626233 11501609 9250315 9124624 324779 2432016 310 310 89822 206982 17503825 16357271 532775 622089 2871176 3017075 4677964 3211599 33026 245538 8114941 7096301 X 7650078 7663646 1738806 1597324 9388884 9260970 17503825 16357271 -210898 82984 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 298436 11050 309486 289436 9000 298436 281550 7886 289436 277550 4000 281550 277550 14889 14889 277550 0.00000 1.00000 0.00000 0 0 567000 567000 16882644 8548609 8334035 1353702 1262610 91092 1822887 1690390 132497 9124624 DEFERRED COMPENSATION PAYABLE 58636 AGENCY FUNDS 96218 RIGHT OF USE LIABILITY 90684 245538 X 10326163 82984 -1787032 -1704048 12030211 0 12030211 10454077 0 10454077 1787032 1787032 12241109 PART V, LINE 4: ENDOWMENT FUNDS WERE ESTABLISHED TO PROVIDE PERMANENT FUNDING FOR THE MISSION OF MADISON COUNTRY DAY SCHOOL, INC. PART X, LINE 2: THE SCHOOL IS REQUIRED TO DETERMINE WHETHER ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAXING AUTHORITIES. BASED ON ITS ANALYSIS, THE SCHOOL HAS DETERMINED THAT IT HAS NOT INCURRED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2023. THE SCHOOL DOES NOT EXPECT THAT ITS ASSESSMENT REGARDING UNRECOGNIZED TAX BENEFITS WILL MATERIALLY CHANGE OVER THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE -1,787,032. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 1,787,032. 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 NEWSPAPER ADS REFERENCE THE ORGANIZATION'S WEBSITE, WHICH INCLUDES A POSTING OF THE POLICY, ALONG WITH DIRECT MAIL THAT INCLUDES A STATEMENT OF THE POLICY. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED PAYCHECK PROTECTION PROGRAM GRANTS FROM THE U.S. SMALL BUSINESS ADMINISTRATION AND AN EMPLOYEE RETENTION CREDIT FROM THE U.S. DEPARTMENT OF THE TREASURY. 1 FINANCIAL AID 144 1277118 TUITION REMISSION 42 414414 PRAIRIE HAWK SCHOLARSHIPS 23 95500 PART I, LINE 2: FAMILIES CAN APPLY FOR FINANCIAL AID BASED ON DEMONSTRATED NEED, AND THEY MUST REAPPLY EACH YEAR. NEED IS DEMONSTRATED THROUGH A FINANCIAL AID APPLICATION AND SUPPLYING THE APPLICANT'S FEDERAL TAX RETURN. FINANCIAL AID IS DISBURSED THROUGH A DISCOUNT ON THE FAMILY'S SCHOOL ACCOUNT. IN ORDER TO CONTINUE TO RECEIVE FINANCIAL AID, STUDENTS MUST REMAIN IN GOOD STANDING AND FAMILIES MUST PAY THEIR SCHOOL ACCOUNT IN FULL. TUITION REMISSION IS AWARDED THROUGH AN EMPLOYEE'S SIGNATURE ON THE SCHOOL YEAR CONTRACT OR OFFER LETTER. EMPLOYEES MUST BE 75% TIME OR MORE TO BE AWARDED REMISSION. STUDENTS MUST REMAIN IN GOOD STANDING AND FAMILIES MUST PAY THEIR SCHOOL ACCOUNT IN FULL. PRAIRIE HAWK SCHOLARSHIPS ARE AWARDED THROUGH AN APPLICATION PROCESS THAT INVOLVES TEACHER RECOMMENDATIONS, AN INTERVIEW AND A WRITING SAMPLE. AWARDEES ARE SELECTED BY ACADEMIC LEADERSHIP. SOME AWARDS ARE RENEWABLE, AND SOME ARE FOR ONE SCHOOL YEAR ONLY. STUDENTS MUST REMAIN IN GOOD STANDING AND FAMILIES MUST PAY THEIR SCHOOL AMOUNT IN FULL. X X 1 1 X X 0 0 0 0 0 0 0 0 0 MARK BROOKS HEAD OF SCHOOL 402146 0 0 0 0 0 36781 0 3853 0 442780 0 0 0 PART I, LINE 1A UNDER THE TERMS OF THEIR EMPLOYMENT CONTRACT, MARK A. BROOKS RECEIVED A TAXABLE $31,348 HOUSING ALLOWANCE FOR THE YEAR. INCLUDED IN THIS ALLOWANCE WAS A GROSS-UP PAYMENT OF $16,901. FORM 990, AMENDED RETURN THE ORGANIZATION IS AMENDING THE FOLLOWING PARTS AND SCHEDULES TO PROPERLY REFLECT ADJUSTMENTS MADE TO THE AUDITED FINANCIAL STATEMENTS UPON FINAL ISSUANCE. 1. PART I 2. PART III, LINE 4A 3. PART VIII 4. PART IX 5. PART X 6. PART XI 7. SCHEDULE B 8. SCHEDULE D 9. SCHEDULE I FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO MANAGEMENT AND THE FINANCE AND AUDIT COMMITTEE TO REVIEW BEFORE FILING. ONCE COMPLETED A COPY OF THE FORM 990 IS OFFERED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C MADISON COUNTRY DAY SCHOOL HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT COVERS ALL INTERESTED PERSONS, DEFINED AS ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. INTERESTED PERSONS ARE REQUIRED TO DISCLOSE OF ANY POSSIBLE CONFLICT OF INTEREST. THE BOARD MAKES A DETERMINATION ON THE CONFLICT OF INTEREST WHILE THE INTERESTED PERSON LEAVES THE ROOM. THE CONFLICT OF INTEREST POLICY ALSO DOCUMENTS PROCEDURES FOR ADDRESSING THE CONFLICT. ALL TRUSTEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY DOCUMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE GOALS OF THE HEAD OF SCHOOL POSITION, COMPARES COMPENSATION WITH OTHER SCHOOLS, AND MEETS IN AN EXECUTIVE SESSION TO COMPILE THE DETAILS OF EMPLOYMENT CONTRACTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.