2024-03-20T14:40:29-05:00 2023-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2022-07-01 520967384 INDIAN CREEK SCHOOL INC INC INDI 4108495151 1130 ANNE CHAMBERS WAY CROWNSVILLE MD 21032 BOOTH KYLE PRESIDENT & HEAD OF SCHOOL 4108495151 2024-03-06 1 BOOTH KYLE 999009999 0 SUSAN KELLER P00245169 4107275735 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BOOTH KYLE 1130 ANNE CHAMBERS WAY CROWNSVILLE MD 21032 20391085 0 X WWW.INDIANCREEKSCHOOL.ORG X 1973 MD INDIAN CREEK SCHOOL PROVIDES AN ACADEMICALLY CHALLENGING, COLLEGE PREPARATORY EDUCATION IN A COLLABORATIVE, NURTURING COMMUNITY FOR STUDENTS WITH A WIDE RANGE OF TALENTS, BACKGROUNDS AND ABILITIES. STUDENTS DEVELOP SELF-WORTH, THE CONFIDENCE TO TAKE INTELLECTUAL RISKS, AN APPRECIATION OF DIVERSITY OF ALL KINDS, AND THE ABILITY TO WORK COOPERATIVELY. STUDENTS BECOME INDEPENDENT, SELF-AWARE LEARNERS READY FOR GLOBAL CITIZENSHIP. 21 21 201 740 0 0 1952244 2433003 15150434 16912379 134758 143120 464910 575442 17702346 20063944 3954802 4028699 0 0 8210330 9067722 0 0 132466 4638429 5591416 16803561 18687837 898785 1376107 30122651 32521786 16419052 17349224 13703599 15172562 X TO PROVIDE AN ACADEMICALLY CHALLENGING EDUCATION IN A WARM, SUPPORTIVE ENVIRONMENT TO A GROUP OF STUDENTS WITH A WIDE RANGE OF TALENTS AND SKILLS. STUDENTS SHOULD DEVELOP SELF-WORTH, AND AN APPRECIATION OF OTHERS OF DIVERSE CULTURAL, RACIAL AND ETHNIC BACKGROUNDS TO HELP EACH STUDENT BECOME AN INDEPENDENT LEARNER WITH THE SELF-CONFIDENCE TO TAKE INTELLECTUAL RISKS ALONG THE EDUCATIONAL PATH. 0 0 10955656 4028699 16125582 PRIMARY AND SECONDARY EDUCATIONAL INSTRUCTION TO STUDENTS IN PRE-K THROUGH TWELFTH GRADE. 739845 1389938 STUDENT SUPPORT SERVICES, INCLUDING CAFETERIA, TRANSPORTATION AND EXTENDED DAY CARE. 11695501 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 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 0 0 0 0 0 0 0 0 1 19 0 1 201 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MD X THE ORGANIZATION 4108495151 1130 ANNE CHAMBERS WAY CROWNSVILLE MD 21032 ADAM SHAMPAINE TRUSTEE 1.00 X 0 0 0 ADAM WINER TRUSTEE 1.00 X 0 0 0 AMY COLEMAN FACULTY REP 1.00 X 0 0 0 BOB KINZER TRUSTEE 1.00 X 0 0 0 CARRIE SIMMONS TRUSTEE 1.00 X 0 0 0 CHRIS MANNIX CHAIR 2.00 X X 0 0 0 CHRISTINA ANDREW FINANCE CHAIR 2.00 X 0 0 0 CITSI CASTRO ADVANCEMENT COMMITTEE CHAIR 1.00 X 0 0 0 DAN REILLY TRUSTEE 1.00 X 0 0 0 DEBBIE BOSTICK DE&I COMMITTEE CHAIR 1.00 X 0 0 0 DEBBIE BOSTICK TRUSTEE 1.00 X 0 0 0 DEREK KREIN TRUSTEE 1.00 X 0 0 0 DEREK KREIN TRUSTEE 1.00 X 0 0 0 DEVON CLOUSE EDUCATION CHAIR 1.00 X 0 0 0 FRANK CHAMBERS TRUSTEE 1.00 X 0 0 0 JULIUS SMITH B&G CHAIR 1.00 X 0 0 0 KERRY MACKENZIE TRUSTEE 1.00 X 0 0 0 LIZ PHILPOTT GOVERNANCE CHAIR 1.00 X 0 0 0 MARGARET TURNER TRUSTEE 1.00 X 0 0 0 ROB PASCAL TRUSTEE 1.00 X 0 0 0 ROBERTA PARDO TRUSTEE 1.00 X 0 0 0 RUSSELL FUGETT TRUSTEE 1.00 X 0 0 0 STEPHEN MARGERUM TRUSTEE 1.00 X 0 0 0 BOOTH KYLE HEAD OF SCHOOL/PRESIDENT 40.00 X 361006 0 35630 BEN GEHLE TECHNOLOGY DIRECTOR 40.00 X 116029 0 2901 ELIZA P MCLAREN ASSOCIATE HEAD 40.00 X 156007 0 18034 JOHN BONHOM II ASSOCIATE HEAD 40.00 X 103159 0 2579 RACHEL BARR CHIEF OF STAFF 40.00 X 103595 0 2590 JENNY KEULEMAN DIRECTOR OF ADVANCEMENT 40.00 X 102772 0 2569 942568 0 64303 6 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD SUTIE 100 LUTHERVILLE MD 21093 DINING SERVICES 786731 KELLY & ASSOCIATES INSURANCE GROUP 301 INTERNATIONAL CIRCLE HUNT VALLEY MD 21030 MEDICAL COVERAGE 741914 EXECUTIVE CLEANING SERVICES INC PO BOX 1447 SEVERNA PARK MD 21146 CLEANING CONTRACT 209732 DALY COMPUTERS PO BOX 1956 MERRIFIELD VA 22116 NEW LAPTOPS 142740 4 60550 2372453 39779 2433003 TUITION AND RELATED FEES 611600 16144549 16144549 CAFETERIA 611710 563374 563374 DAYCARE 611710 133203 133203 TRANSPORTATION FEES 611710 50250 50250 SUMMER CAMP 611710 21003 21003 16912379 159209 159209 247287 263376 -16089 -16089 -16089 36066 60550 63765 -27699 -27699 RENTAL INCOME: FACILITIES 900099 575069 575069 MISCELLANEOUS 900099 28072 28072 603141 20063944 17515520 0 115421 4028699 4028699 392544 215915 176629 7249921 3987747 3262174 173145 95237 77908 700119 385094 315025 551993 303618 248375 14567 14567 55802 55802 14285 14285 119654 119654 226582 56240 37876 132466 101119 101119 207807 207807 576831 15749 561082 99814 4549 95265 446045 446045 1432702 699025 733677 127218 62071 65147 CAFETERIA FOOD & SUPPLI 722990 722990 STUDENT ACTIVITIES 600122 600122 REPAIRS & MAINTENANCE 332940 332940 MISCELLANEOUS EXPENSE 324376 324376 188562 120615 67947 18687837 11695501 6859870 132466 X 1893777 5170993 440332 973641 409755 325961 309346 261432 36144430 12496777 24775762 23647653 1695372 1894215 364444 44085 195769 0 38094 203806 30122651 32521786 1293950 900440 2368581 4776747 9486084 9089304 3232343 2398832 38094 183901 16419052 17349224 X 11661941 13162183 2041658 2010379 13703599 15172562 30122651 32521786 1376107 92856 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 37.13 0 0 1 0 122589 6166 1000 127755 138672 -15083 1000 122589 119985 19687 1000 138672 117832 5194 3041 119985 63698 50000 4134 117832 0.73665 0.26335 0 0 1419276 1419276 23831656 5425210 18406446 5803606 3514265 2289341 4999071 3557302 1441769 90821 90821 23647653 DEFERRED COMPENSATION LIABILITY 38094 RIGHT OF USE LIABILITY 145807 183901 X 16177581 92856 63765 156621 16020960 14285 4028699 4042984 20063944 14708618 63765 63765 14644853 14285 4028699 4042984 18687837 PART II, LINE 9: INDIAN CREEK SCHOOL HAS A CONSERVATION EASEMENT ON PORTIONS OF ITS OWN PROPERTY TO ENSURE THAT THE OPEN SPACE IS PROTECTED. AS THE EASEMENT IS ON THE GROUNDS OF THE SCHOOL, THE MONITORING OF THE EASEMENT PROPERTY IS DONE BY THE FACILITIES DEPARTMENT AS PART OF THEIR NORMAL DUTIES. ADDITIONALLY, AS THE EASEMENT IS ON PROPERTY OWNED BY THE INDIAN CREEK SCHOOL, THERE IS NO IMPACT ON THE ORGANIZATIONS FINANCIAL STATEMENTS FOR THE EASEMENT. PART V, LINE 4: FINANCIAL AID GRANTS TO STUDENTS. PART X, LINE 2: THE SCHOOL FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE EVALUATION OF TAX POSITIONS, WHICH INCLUDE MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 63,765. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS TO STUDENTS 4,028,699. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 63,765. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS TO STUDENTS 4,028,699. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ORGANIZATION IS INCLUDED IN THE ANNUAL PUBLICATION OF THE NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS IN ADDITION TO BEING STATED IN ADVERTISEMENTS AND ADMISSION MATERIALS. ANNUAL CREEK FESTIVAL 61937 33400 28537 10454 9212 14159 19423 5K COLOR RUN 34679 27150 7529 259 176 111 9971 0 96616 60550 36066 10713 9388 14270 29394 63765 -27699 1 TUITION SCHOLARSHIPS AND FINANCIAL AID 327 4028699 TUITION FEE SCHEDULE TUITION SCHOLARSHIPS PART I, LINE 2: FAMILIES RECEIVING FINANCIAL ASSISTANCE MUST APPLY EACH SCHOOL YEAR THROUGH AN EXTENSIVE APPLICATION PROCESS. THE TUITION SCHOLARSHIP IS DETERMINED BASED ON MULTIPLE FACTORS INCLUDING AMONG OTHERS, INCOME, ASSETS, AND LIABILITIES. X 1 1 X X X 0 0 0 0 0 0 0 0 0 BOOTH KYLE HEAD OF SCHOOL/PRESIDENT 361006 0 0 0 0 0 25525 0 10105 0 396636 0 0 0 ELIZA P MCLAREN ASSOCIATE HEAD 156007 0 0 0 0 0 3900 0 14134 0 174041 0 0 0 PART I, LINE 1A DISCRETIONARY SPENDING ACCOUNT PROVIDED FOR HEAD OF SCHOOL. A MD HEALTH AND HIGHER EDUCATION FACILITIES AUTHORITY 520936091 2018-07-24 11799236 REFUNDING OF 2004 BOND 0 0 0 A 2709932 11799236 11799236 2007 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 A 1 X 2 39779 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B EXECUTIVE COMMITTEE DOES NOT KEEP MINUTES; HOWEVER, BY-LAWS STATE THE EXECUTIVE COMMITTEE CAN ACT ON THE BOARD OF TRUSTEE'S BEHALF. BOARD MINUTES ARE KEPT FOR BOARD OF TRUSTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND APPROVES THE 990 BEFORE IT IS FILED. THE FINANCE COMMITTEE SUMMARIZES THE CONTENTS OF 990 AND PRESENTS THE 990 TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY TRUSTEES AND KEY EMPLOYEES AND THE BOARD SECRETARY REVIEWS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPARABLE SALARY SURVEY DATA FOR SIMILAR EDUCATION INSTITUTIONS (AIMS). FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND 990 ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART X, LINE 15B IN FEBRUARY 2016, THE FASB ISSUED ACCOUNTING STANDARDS UPDATE 2016-02 LEASES (TOPIC 842) TO INCREASE TRANSPARENCY AND COMPARABILITY AMONG ORGANIZATIONS BY RECOGNIZING LEASE ASSETS AND THE CORRESPONDING LEASE LIABILITIES AND DISCLOSING KEY INFORMATION ABOUT LEASING ARRANGEMENTS FOR LESSEES AND LESSORS. THE NEW STANDARD APPLIES A RIGHT-OF-USE MODEL THAT REQUIRES, FOR ALL LEASES WITH A LEASE TERM OF MORE THAN 12 MONTHS, AN ASSET REPRESENTING ITS RIGHT TO USE THE UNDERLYING ASSET FOR THE LEASE TERM AND A LIABILITY TO MAKE LEASE PAYMENTS TO BE RECORDED. THE SCHOOL ADOPTED THE STANDARD EFFECTIVE JULY 1, 2022 AND RECOGNIZED AND MEASURED LEASES EXISTING AT, OR ENTERED INTO AFTER, JULY 1, 2022 THROUGH A CUMULATIVE EFFECT ADJUSTMENT. THE STANDARD HAD A MATERIAL IMPACT ON THE STATEMENT OF FINANCIAL POSITION BUT DID NOT HAVE A MATERIAL IMPACT ON THE STATEMENT OF ACTIVITIES NOR THE STATEMENT OF CASH FLOWS. THE MOST SIGNIFICANT IMPACT WAS THE RECOGNITION OF RIGHT-OF-USE ASSETS AND LEASE LIABILITIES FOR OPERATING LEASES. TO CONFORM WITH FASB AND TO AGREE WITH THE FINANCIAL STATEMENT, THE RIGHT OF USE ASSET HAS BEEN SEPERATELY STATED AS AN OTHER ASSET ON THIS 990. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT AUDITOR AND THE OVERSIGHT PROCESS OF THE FINANCIAL STATEMENT AUDIT THE ORGANIZATION HAS NOT CHANGED THE PROCESS FROM THE PRIOR YEAR.