2024-05-15T08:48:12-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2022-07-01 137100017 CHATHAM DAY SCHOOL CHAT 9734100400 700 SHUNPIKE ROAD CHATHAM NJ 07928 DAVID BUFFUM HEAD OF SCHOOL 9734100400 2024-05-14 1 DAVID BUFFUM 999009999 0 BRIDGET HARTNETT P01429163 9739949494 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID BUFFUM 700 SHUNPIKE ROAD CHATHAM NJ 07928 7162557 0 X WWW.CHATHAMDAYSCHOOL.ORG X 1998 NJ CHATHAM DAY SCHOOL OFFERS AN ACADEMICALLY AMBITIOUS PROGRAM THAT PROMOTES INTELLECTUAL ACHIEVEMENT AND EMOTIONAL GROWTH IN A DIVERSE AND NUTURING ENVIRONMENT. 15 15 67 25 0 0 482434 452306 6211448 6584523 4236 4526 10104 46412 6708222 7087767 507845 548245 0 0 3349962 3716219 0 0 195052 1985142 2191647 5842949 6456111 865273 631656 20685934 20776474 10754702 10221936 9931232 10554538 CHATHAM DAY SCHOOL CELEBRATES AND VALUES EACH CHILD AS A UNIQUE LEARNER WITH EXTRAORDINARY POTENTIAL. WE OFFER AN ACADEMICALLY AMBITIOUS PROGRAM THAT PROMOTES INTELLECTUAL ACHIEVEMENT AND EMOTIONAL GROWTH IN A DIVERSE AND NUTURING ENVIRONMENT. 0 0 5174473 548245 6584523 A CO-EDUCATIONAL DAY SCHOOL ENROLLING STUDENTS IN GRADES PRESCHOOL THROUGH EIGHTH GRADE. 5174473 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 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 67 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X THE ORGANIZATION 9734100400 700 SHUNPIKE ROAD CHATHAM NJ 07928 X AMY KELLEY ESQ CHAIR 0.50 X X 0 0 0 JAYESH GOPALJI VICE CHAIR 0.50 X X 0 0 0 JOHN DOUCETTE PAST CHAIR 0.50 X X 0 0 0 MON DANIEL TREASURER 0.50 X X 0 0 0 TERI KENNEDY DO SECRETARY 0.50 X X 0 0 0 KELLEY DEALHOY TRUSTEE 0.50 X 0 0 0 MARIO JIMENEZ TRUSTEE 0.50 X 0 0 0 ASHISH PARIKH TRUSTEE 0.50 X 0 0 0 MARIA SEBASTIAN TRUSTEE 0.50 X 0 0 0 ABIGAL WELLINGTON MD TRUSTEE 0.50 X 0 0 0 DEBORAH YU MD TRUSTEE 0.50 X 0 0 0 KAREN ALEGRIA TRUSTEE 0.50 X 0 0 0 JACK ROGERS TRUSTEE 0.50 X 0 0 0 LAUREN HAND TRUSTEE 0.50 X 0 0 0 SABRINA HUNTER TRUSTEE 0.50 X 0 0 0 DAVID BUFFUM HEAD OF SCHOOL 40.00 X 392669 0 39924 DAN OPPERTHAUSER DIRECTOR OF FINANCE 40.00 X 154977 0 19596 KELLEN KENT DIRECTOR OF ADMISSON 40.00 X 151149 0 72693 JASON MOTT DIVSION HEAD - MIDDLE & UP 40.00 X 131170 0 24830 829965 0 157043 4 0 1 0 0 214970 25000 212336 452306 TUITION AND FEES 611110 6584523 6584523 6584523 4526 4526 85002 0 85002 85002 85002 36200 214970 74790 -38590 -38590 7087767 6584523 0 50938 548245 548245 446661 358751 76520 11390 2584042 2056552 458593 68897 48048 42011 5356 681 416473 364148 46423 5902 220995 193229 24634 3132 5200 1614 3490 96 22750 22750 46553 21512 23762 1279 24219 24219 85250 57472 23700 4078 62424 22507 39352 565 238488 212959 20604 4925 243373 243373 483847 432054 41801 9992 77684 69369 6711 1604 STUDENT-RELATED EXPENSE 583773 583773 MAINTENANCE EXPENSE 165703 147965 14316 3422 DEVELOPMENT 78021 78021 PROFESSIONAL DEVELOPMEN 19328 3021 16307 55034 35072 18894 1068 6456111 5174473 1086586 195052 3585414 3407724 1170938 1761907 211525 124000 5620 14012 8449 9031 20501094 5070097 15660838 15430997 43150 28803 20685934 20776474 375234 504603 2510727 2139658 7836741 7552342 32000 25333 10754702 10221936 X 9372155 10169310 559077 385228 9931232 10554538 20685934 20776474 X 631656 -8350 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 116499 5000 20 121519 116013 250 236 116499 114213 1450 350 116013 112956 1257 114213 107056 5000 900 112956 0.96180 0.03820 0 0 4685000 4685000 5991518 2069004 3922514 2253362 892744 1360618 1255891 1023759 232132 6315323 1084590 5230733 15430997 X 7162557 74790 74790 7087767 0 7087767 6539251 83140 83140 6456111 0 6456111 PART V, LINE 4: IT IS THE INTENT OF THE ORGANIZATION TO GROW THE ENDOWMENT AND UTILIZE THE TOTAL RETURN (INCOME PLUS CAPITAL CHANGE) TO FURTHER THE PURPOSE OF THE ENDOWMENT. PART X, LINE 2: THE SCHOOL FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE SCHOOL'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE SCHOOL'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSES. NO INTEREST AND PENALTIES WERE RECORDED DURING 2023. AT JUNE 30, 2023, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE REPORTED ON PAGE 9 OF 990 74,790. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE REPORTED ON PAGE 9 OF 990 74,790. BAD DEBT EXPENSE 8,350. 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 NONDISCRIMINATORY POLICY IS PUBLICIZED THROUGH A LOCAL NEWSPAPER. GALA 251170 214970 36200 13883 16621 18097 2112 24077 251170 214970 36200 13883 16621 18097 2112 24077 74790 -38590 1 FINANCIAL AID 31 548245 PART I, LINE 2: SINCE 2001, CHATHAM DAY SCHOOL BOARD OF TRUSTEES HAS BEEN COMMITTED TO RESERVING FUNDS SO THAT FAMILIES MAY RECEIVE NEED-BASED TUITION ASSISTANCE. ULTIMATELY, THE SCHOOL'S GOAL IS TO ENROLL QUALIFIED STUDENTS FROM DIVERSE CULTURAL AND SOCIOECONOMIC BACKGROUNDS WITHOUT CREATING A FINANCIAL HARDSHIP TO FAMILIES. ALL FAMILIES WISHING TO BE CONSIDERED FOR NEED-BASED TUITION ASSISTANCE MUST FILE A FINANCIAL AID APPLICATION WITH CHATHAM DAY SCHOOL ON AN ANNUAL BASIS. THE SCHOOL RELIES ON THE EXPERTISE AND ADVICE OF A FINANCIAL AID ASSESSMENT COMPANY, TADS. EXTENSIVE PERSONAL & FINANCIAL INFORMATION IS COLLECTED IN THIS PROCESS AND TADS PROVIDES THE SCHOOL WITH ITS RECOMMENDATIONS FOR EACH FAMILY'S CONTRIBUTION TOWARDS TUITION. CHATHAM DAY SCHOOL ALSO REQUIRES A COPY OF THE CURRENT YEAR'S COMPLETED INCOME TAX FORM TO VERIFY INFORMATION COLLECTED FROM TADS. AFTER REVIEWING ALL OF THE REQUIRED DOCUMENTATION, THE SCHOOL ADMINISTRATION DISTRIBUTES AVAILABLE FUNDS TO FAMILIES BASED ON DOCUMENTED NEED. ASSISTANCE IS CURRENTLY OFFERED TO FAMILIES IN THE RANGE OF $3,000 UP TO 95% OF THE CHILD'S TUITION. IN ADDITION TO THESE AWARDS, CHATHAM DAY SCHOOL HAS ALSO ALLOCATED LIMITED FUNDS TO DESERVING GRADUATES OF THE NJ SEEDS YOUNG SCHOLARS PROGRAM. THESE ACADEMICALLY GIFTED MIDDLE SCHOOL STUDENTS ARE SELECTED FROM FINANCIALLY LIMITED FAMILIES, WHO RESIDE IN THE NEWARK AREA, WHERE TUITION ASSISTANCE IN THE 95% RANGE IS NECESSARY TO MAKE ENROLLMENT INTO AN INDEPENDENT SCHOOL OF THEIR CHOICE AN OPTION. X X 0 0 0 0 0 0 0 0 0 DAVID BUFFUM HEAD OF SCHOOL 392669 0 0 0 0 0 8100 0 31824 0 432593 0 0 0 KELLEN KENT DIRECTOR OF ADMISSON 151149 0 0 0 0 0 4650 0 68043 0 223842 0 0 0 DAN OPPERTHAUSER DIRECTOR OF FINANCE 154977 0 0 0 0 0 4853 0 14743 0 174573 0 0 0 JASON MOTT DIVSION HEAD - MIDDLE & UP 131170 0 0 0 0 0 6150 0 18680 0 156000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS REVIEWED BY THE DIRECTOR OF FINANCE. THE 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATON REQUIRES THAT EACH OFFICER, DIRECTOR, TRUSTEE, AND KEY EMPLOYEE ONCE A YEAR SUBMIT IN WRITING THAT THERE IS NO CONFLICT OF INTEREST WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD AND THE EXECUTIVE COMMITTEE REVIEWS THE HEAD OF SCHOOLS COMPENSATION JUDICIOUSLY AND THEN NOTIFIES THE DIRECTOR OF FINANCE OF ANY CHANGES ON AN ANNUAL BASIS. IN ADDITION, THE BOARD PERIODICALLY REVIEWS BENCHMARK DATA FOR COMPENSATION FOR OTHER POSITIONS IN THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABALE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -8,350. FORM 990, PART XII, LINE 2C: NO CHANGE FROM THE PRIOR YEAR. THE PARENTS ASSOCIATION OF THE CHATHAM DAY SCHOOL INC 700 SHUNPIKE ROAD CHATHAM NJ 07928 261397423 SUPPORT SCHOOL ADMIN IN IMPROVING THE QUALITY OF THE STUDENT'S EXPERIENCE NJ 501(C)(3) LINE 10 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0