2024-03-09T11:27:19-06:00 2023-06-30 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2022-07-01 240829838 MORAVIAN ACADEMY MORA 6108684744 7 EAST MARKET STREET BETHLEHEM PA 18018 ADRIANNE FINLEY ODELL HEAD OF SCHOOL 6108684744 2024-02-27 1 ADRIANNE FINLEY ODELL 999009999 0 MELISSA A GRUBE CPA P00102173 6104357489 2024-02-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ADRIANNE FINLEY ODELL 7 EAST MARKET STREET BETHLEHEM PA 18018 37377909 0 X WWW.MORAVIANACADEMY.ORG X 1742 PA MORAVIAN ACADEMY NURTURES THE JOYFUL SPIRIT OF EACH LEARNER AND EMPOWERS INCLUSIVE GLOBAL CITIZENS TO THINK CRITICALLY, COMMUNICATE EFFECTIVELY, LEAD WITH INTEGRITY, AND STRIVE FOR EXCELLENCE. 20 20 378 200 0 0 3909807 3150529 19985613 27688877 1077757 2051166 253482 240356 25226659 33130928 3848349 7682004 0 0 12894113 18074821 0 0 1420297 7580695 10039844 24323157 35796669 903502 -2665741 42706228 47555506 3072623 5645491 39633605 41910015 MORAVIAN ACADEMY NURTURES THE JOYFUL SPIRIT OF EACH LEARNER AND EMPOWERS INCLUSIVE GLOBAL CITIZENS TO THINK CRITICALLY, COMMUNICATE EFFECTIVELY, LEAD WITH INTEGRITY, AND STRIVE FOR EXCELLENCE. 0 0 29373875 7682004 27624022 THE EDUCATION OF OVER 900 STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH 12 IN THE MORAVIAN TRADITION. THE MORAVIAN ACADEMY EXPERIENCE PROVIDES A STRONG ACADEMIC FOUNDATION IN PREPARATION FOR COLLEGE, DEVELOPS SELF-RESPECT, DIGNITY AND CONCERN FOR OTHERS, DEVELOPS CREATIVITY, AND AN APPRECIATION OF AESTHETIC VALUES, DEVELOPS PHYSICAL SKILL,AND ENCOURAGES POSITIVE ATTITUDES ABOUT HEALTH AND FITNESS, AND ENGAGES THE STUDENTS IN EXPERIENCES THAT DEVELOP THEIR MATURITY, INDEPENDENCE, ADAPTABILITY, INTEGRITY AND A LOVE OF LEARNING. 374365 64855 SUMMER PROGRAMMING - LEHIGH VALLEY SUMMERBRIDGE ASSISTS 7TH TO 9TH GRADE STUDENTS WITH ACADEMIC POTENTIAL AND LIMITED RESOURCES TO ENTER AND SUCCEED IN COLLEGE PREPARATORY PROGRAMS. AT LEHIGH VALLEY SUMMERBRIDGE, HIGH SCHOOL AND COLLEGE STUDENTS TEACH AND MENTOR MIDDLE SCHOOL STUDENTS. LEHIGH VALLEY SUMMERBRIDGE ENCOURAGES STUDENTS TO TAKE RESPONSIBILITY FOR THEIR OWN EDUCATION AND FOR THE EDUCATION OF OTHERS. 90 STUDENTS PARTICIPATED IN THIS PROGRAM. 29748240 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 73 0 1 378 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X CFOO 6108684744 7 E MARKET STREET BETHLEHEM PA 18018 CHRISTOPHER WEILER CHAIR 10.00 X X 0 0 0 LORI SCHOENEMAN VICE CHAIR 10.00 X X 0 0 0 LARRY EIGHMY TRUSTEE 5.00 X 0 0 0 AMY AHART SECRETARY 10.00 X X 0 0 0 CHRISTINE PERRUCCI TRUSTEE 5.00 X 0 0 0 JOSEPH LANDRIGAN TRUSTEE 5.00 X 0 0 0 MICHAEL HILTON TREASURER 10.00 X X 0 0 0 MARY WILFORD-HUNT TRUSTEE 5.00 X 0 0 0 KARLEY SEBIA TRUSTEE 5.00 X 0 0 0 CHARLES NIFONG TRUSTEE 5.00 X 0 0 0 CHRISTIAN RICE TRUSTEE 5.00 X 0 0 0 SIMA HODAVANCE TRUSTEE 5.00 X 0 0 0 MATTHEW MCQUEEN TRUSTEE 5.00 X 0 0 0 KRISTIN NOONAN HUTCHINS TRUSTEE 5.00 X 0 0 0 SCOTT SEYMOUR TRUSTEE 5.00 X 0 0 0 CAROLE DEVEY SCHACHTER TRUSTEE 5.00 X 0 0 0 REBECCA BINDER TRUSTEE 5.00 X 0 0 0 FATIMA JAFFER TRUSTEE 5.00 X 0 0 0 DANIEL SOOS TRUSTEE 5.00 X 0 0 0 BARBARA DIETTERICH TRUSTEE 5.00 X 0 0 0 ADRIANNE N FINLEY ODELL HEAD OF SCHOOL 40.00 X 178852 0 19531 CYNTHIA FENSTERMAKER CHIEF FINANCIAL AND OPERATIONS OFFICER 40.00 X 105404 0 11610 ROBERT ZAISER DIRECTOR OF DEVELOPMENT 40.00 X 185287 0 23963 TORISE JUDKINS DIRECTOR OF ENROLLMENT MANAGEMENT 40.00 X 139696 0 22511 PAUL DYLAN DEAL DIRECTOR OF MERLE SMITH CAMPUS 40.00 X 127030 0 18974 SUSAN PARENT DIRECTOR OF ANNUAL GIVING AND SPECIAL CAMPAIGNS 40.00 X 120370 0 24696 ERICA L D'AGOSTINO ASSISTANT HEAD OF SCHOOL 40.00 X 113151 0 0 JEFFREY ZEMSKY FORMER HEAD OF SCHOOL 40.00 X 270858 0 17726 1240648 0 139011 14 1 1 0 EXECUTIVE SECURITY SERVICES LLC 2636 SOMERSET ROAD WHITEHALL PA 18052 SECURITY SERVICES 266269 FOGEL'S FUEL SERVICE PO BOX 407 108 EASTON ROAD NAZARETH PA 180640407 FUEL DELIVERY, HVAC MAINTENANCE AND REPA 231458 2 322439 2828090 186896 3150529 TUITION & FEES FOR GRADES PRE-K T 611600 26452567 26452567 AUXILIARY EDUCATIONAL SERVICES (T 611710 1171455 1171455 SUMMER DAY CAMP PROGRAM 611710 64855 64855 27688877 718919 718919 27796 121000 -93204 -93204 -93204 5335654 4003407 1332247 1332247 1332247 247990 122574 125416 125416 MISCELLANEOUS 900099 208144 208144 208144 33130928 27688877 0 2291522 7682004 7682004 315397 315397 14047441 11317688 2075921 653832 3711983 2981253 537641 193089 506302 506087 215 156329 16052 140277 276422 29779 98482 148161 352654 148095 187376 17183 2523530 2142022 254339 127169 416106 410461 5645 121554 92277 14730 14547 87691 86790 901 1878286 1590183 192069 96034 136846 4396 132450 DINING FEES 1385552 1385552 CLASSROOM EXPENSES 1229281 1225734 3547 SAFETY AND SECURITY 393583 392321 1262 EMPLOYEE/VOLUNTEER RECR 190077 3098 160255 26724 385631 343377 40089 2165 35796669 29748240 4628132 1420297 410 1887 1040468 368820 1269603 992457 349692 344708 315135 412721 57407909 42301612 11914634 15106297 27163731 30189273 146311 139343 506244 0 42706228 47555506 2096375 2373432 60783 69087 89491 1270598 825974 1932374 3072623 5645491 X 18414358 16554131 21219247 25355884 39633605 41910015 42706228 47555506 X -2665741 416286 4525865 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 23378899 2485599 2449263 1065800 27247961 26822193 619321 -3207315 855300 23378899 21568233 327691 5781569 855300 26822193 21483656 126158 783319 824900 21568233 20806376 89948 1369832 782500 21483656 0.18430 0.81570 0 0 1148619 1148619 40733577 27846636 12886941 14665565 13819037 846528 860148 635939 224209 15106297 ENROLLMENT DEPOSITS AND ADVANCE PAYMENTS 928039 LINE OF CREDIT 1000000 AMOUNTS HELD ON BEHALF OF OTHERS 4335 1932374 X 25986210 416286 -7682004 -7265718 33251928 -121000 -121000 33130928 28235665 121000 121000 28114665 7682004 7682004 35796669 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT THE MISSION OF MORAVIAN ACADEMY THROUGH THE RELEASE OF 4% OF THE 12 QUARTER ROLLING AVERAGE TO SUPPORT ACADEMIC PROGRAMS, NEED-BASED FINANCIAL AID AND UPKEEP OF PHYSICAL PLANT. PART X, LINE 2: THE ACADEMY FOLLOWS THE ACCOUNTING GUIDANCE AS CODIFIED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES-UNCERTAINTY IN INCOME TAXES. FASB ASC 740 CLARIFIES THE ACCOUNTING FOR UNCERTANTIES IN INCOME TAXES RECOGNIZED IN THE ORGANIZATIONS FINANCIAL STATMENTS. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE STANDARD ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE ACADEMY HAS NO MATERIAL UNRECOGNIZED TAX BENEFITS OR ACCRUED INTEREST OR PENALTIES. THE ACADEMY HAS FILED TAX RETURNS IN THE UNITED STATES AND COMMONWEALTH OF PENNSYLVANIA FOR THE FISCAL YEARS ENDED JUNE 30, 2023, 2022 AND 2021 WHICH ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES, GENERALLY THREE YEARS AFTER FILING. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE -7,682,004. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSE RELATED TO RENTAL ACTIVITIES -121,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RELATED TO RENTAL ACTIVITIES 121,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE 7,682,004. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THROUGH PRINTED ADMISSIONS MATERIAL, ON WEBSITE, AND EMPLOYMENT HANDBOOK AND APPLICATION GALA 181907 181907 2500 11220 45874 7000 27608 GOLF OUTING 66083 66083 15711 5454 7207 247990 247990 2500 26931 51328 7000 34815 122574 125416 1 FINANCIAL AID FOR TUITION 454 7682004 FORM 990, SCHEDULE I, PART I, LINE 2 THE SCHOOL USES A THIRD PARTY SERVICER THAT COMPUTES THE EXPECTED FAMILY CONTRIBUTION BASED ON VARIOUS INPUTS INCLUDING FAMILY INCOME, FAMILY SIZE, AND THE NUMBER OF STUDENTS IN THE FAMILY ATTENDING A TUITION PAYING SCHOOL. BASED ON THE COMPUTED NEED, FINANCIAL AID IS AWARDED FROM THE POOL OF FUNDS AVAILABLE FOR THE CURRENT SCHOOL YEAR. THE AWARDED SCHOLARSHIP IS POSTED DIRECTLY TO THEIR RESPECTIVE STUDENT ACCOUNTS. X 1 1 X X 0 0 0 0 0 0 0 0 0 JEFFREY ZEMSKY FORMER HEAD OF SCHOOL 270858 0 0 0 0 0 0 0 17726 0 288584 0 0 0 ROBERT ZAISER DIRECTOR OF DEVELOPMENT 185287 0 0 0 0 0 0 0 23963 0 209250 0 0 0 ADRIANNE N FINLEY ODELL HEAD OF SCHOOL 178852 0 0 0 0 0 0 0 19531 0 198383 0 0 0 TORISE JUDKINS DIRECTOR OF ENROLLMENT MANAGEMENT 139696 0 0 0 0 0 0 0 22511 0 162207 0 0 0 PART I, LINE 1A A RESIDENCE FOR PERSONAL USE IS PROVIDED TO THE HEAD OF SCHOOL. THIS WAS NOT CONSIDERED TAXABLE COMPENSATION, AS THE HOUSE IS USED FOR SCHOOL FUNCTIONS AND IT BENEFITS THE SCHOOL TO HAVE THE HEAD OF SCHOOL ON CAMPUS. X SUPPLIES AND FURNITURE 21 186896 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE IRS FORM 990, INCLUDING ALL REQUIRED SCHEDULES, IS REVIEWED BY THE ACADEMY'S AUDIT COMMITTEE. THE AUDIT COMMITTEE MAKES THE FULL 990 AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO SIGN A "CONFLICT OF INTEREST" STATEMENT AND ACKNOWLEDGE ANY POTENTIAL CONFLICTS AT THAT TIME OR IF AND WHEN A CONFLICT SHOULD ARISE IN THE FUTURE. THE GOVERNANCE COMMITTEE MONITORS THAT THE STATEMENT HAS BEEN OBTAINED. THE SCHOOL'S EMPLOYEE HANDBOOK AND EMPLOYMENT AGREEMENTS ADDRESS CONFLICTS OF INTEREST FOR EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD DETERMINES THE HEAD OF SCHOOL'S SALARY FOR UPCOMING CONTRACT BASING THE DECISION ON FINANCES, BENCHMARKING WITH SIMILAR SIZED SCHOOLS AND PERFORMANCE FACTORS. FOR OTHER EMPLOYEES AN ANNUAL BUDGET IS APPROVED BY THE BOARD WHICH INCLUDES DEDICATED LINES FOR SALARIES AND BENEFITS. BENCHMARKED WITH DATA FROM OTHER COMPARABLE SCHOOLS UTILIZING DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND OTHER KEY SOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS FROM MERGER WITH THE SWAIN SCHOOL 4,525,865. FORM 990, PAGE 1 PART I SUMMARY, PRIOR YEAR EFFECTIVE JULY 1, 2020, THE BOARD OF TRUSTEES OF MORAVIAN ACADEMY AND THE BOARD OF TRUSTEES OF THE SWAIN SCHOOL CONSOLIDATED INTO AN OPERATIONALLY SINGLE NOT-FOR-PROFIT EDUCATIONAL INSTITUTION. THE RESULTING CORPORATION IS MORAVIAN ACADEMY. THE ADMINISTRATIVE PROCESS OF MOVING ALL OF THE SWAIN SCHOOL ACCOUNTS AND OPERATIONS OVER TO MORAVIAN ACADEMY'S EMPLOYER IDENTIFICATION NUMBER (EIN) TOOK SOME TIME AND WAS MOSTLY COMPLETED DURING THE YEAR ENDED JUNE 30, 2023. THE PRIOR YEAR REVENUE, EXPENSES, TOTAL ASSETS, TOTAL LIABILITIES, AND NET ASSETS REFLECTED ON PAGE ONE, PART I OF THE FORM 990 REFLECT THE ACTIVITY OF MORAVIAN ACADEMY ONLY AND DO NOT INCLUDE THE ACTIVITY OF THE SWAIN SCHOOL AS THE ORGANIZATION WAS STILL OPERATING UNDER ITS OWN EIN DURING THE PRIOR YEAR. TO GAIN AN UNDERSTANDING OF THE PRIOR YEAR CONSOLIDATED FINANCIAL ACTIVITY OF BOTH ORGANIZATIONS FOR THE YEAR ENDED JUNE 30, 2022, WE RECOMMEND REVIEWING THE 990'S OF BOTH MORAVIAN ACADEMY AND THE SWAIN SCHOOL TOGETHER. AS NOTED ON PAGE 12, PART XI, LINE 9, $4,525,865 OF THE SWAIN SCHOOL NET ASSET BALANCE WAS TRANSFERRED TO MORAVIAN ACADEMY DURING THE YEAR ENDED JUNE 30, 2023. SWAIN SCHOOL INC 1100 SOUTH 24TH STREET ALLENTOWN PA 18103 231370506 TO SUPPORT MORAVIAN ACADEMY THROUGH MANAGEMENT, ADMINISTRATION, INVESTMENT, PA 501(C)(3) LINE 12A, I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 THE SWAIN SCHOOL S 4525865 BOOK VALUE