2024-05-07T10:46:25-05:00 2023-06-30 FORVIS LLP 1155 Avenue of the Americas 1200 New York NY 10036 990 2022-07-01 131740455 Horace Mann School % DAVID ROBERTS CFO HORC 7184323400 231 West 246th Street Bronx NY 10471 THOMAS M KELLY HEAD OF SCHOOL 7184323400 2024-03-30 true Thomas Kelly 999009999 Aaron Shapiro P01333816 2128674000 2024-02-20 2 2022 2023-04-26 12:10:37Z THOMAS M KELLY 231 West 246th Street Bronx NY 10471 149787039 false X WWW.HORACEMANN.ORG X 1887 NY TO PROVIDE A CONTINUOUS EDUCATION Progam FOR BOYS, GIRLS, AND OTHERS WHO IDENTIFY DIFFERENTLY, FROM nursery THROUGH HIGH SCHOOL. 32 32 568 700 37978 36258 23272747 17532524 107378662 112491608 1521877 3954041 791158 413722 132964444 134391895 12502748 12426333 0 0 67012945 69129311 0 0 2670589 38220493 35900962 117736186 117456606 15228258 16935289 451755876 472300215 162167598 145216812 289588278 327083403 X HORACE MANN SCHOOL PREPARES A DIVERSE COMMUNITY OF STUDENTS TO LEAD GREAT AND GIVING LIVES. WE STRIVE TO MAINTAIN A SAFE, SECURE, AND CARING ENVIRONMENT IN WHICH MUTUAL RESPECT, MATURE BEHAVIOR, AND THE LIFE OF THE MIND CAN THRIVE. WE RECOGNIZE AND CELEBRATE INDIVIDUAL ACHIEVEMENT AND CONTRIBUTIONS TO THE COMMON GOOD. false false 103614148 12482865 112491608 HORACE MANN SCHOOL IS AN EDUCATIONAL INSTITUTION CONDUCTING PROGRAM AT THE NURSERY, LOWER, MIDDLE, AND HIGH SCHOOL LEVELS. DURING THE 2022-2023 SCHOOL YEAR, THE STUDENT BODY CONSISTED OF 1,801 STUDENTS. 103614148 true true false false false false false false false true true true false false true false false true true false true false false false true false false true true true true false false false false false false false false false false true false false false false true false false false true 180 0 568 true true true false false false false true true false false false false true false X 32 32 false false false false false false false true true false false false true true true true true true true false NY X DAVID ROBERTS CFO 7184323400 231 WEST 246TH STREET BRONX NY 10471 Thomas Kelly Head of School 60.0 0.0 X 1589684 0 363833 Canh Oxelson Exec Dir. College Counseling 40.0 0.0 X 502000 0 87024 Melissa Parento Dir. of ALumni/Development 40.0 0.0 X 391059 0 100538 Jessica Levenstein Davis Head of Upper Division 40.0 0.0 X 359302 0 114360 Adam Kenner Director of Technology 40.0 0.0 X 397844 0 73052 Lisa J Moreira Dir. Inst. Research/Enrollment 40.0 0.0 X 345387 0 103567 Deena Neuwirth Head of Lower Division 40.0 0.0 X 312980 0 123321 Gordon A Jensen Director of Facilities 40.0 0.0 X 364634 0 49728 Edward L Sinclair CFO (Through 1/16/22) 40.0 0.0 X 402341 0 6392 David Roberts Chief Financial Officer 40.0 0.0 X 317240 0 77608 Javaid Khan Head of Middle Division 40.0 0.0 X 297521 0 76632 Marines Arroyo-Stuart Head of Nursery Division 40.0 0.0 X 253114 0 72579 Laurence Grafstein Chairman 8.0 0.0 X X 0 0 0 Matthew Mark Vice-Chair 8.0 0.0 X X 0 0 0 Brian L Eizenstat Treasurer 8.0 0.0 X X 0 0 0 Amanda Salzhauer Secretary 8.0 0.0 X X 0 0 0 Susan Asante-Abdei Trustee 8.0 0.0 X 0 0 0 Glenn August Trustee 8.0 0.0 X 0 0 0 Michael Bennett Trustee 8.0 0.0 X 0 0 0 Daniel Benton Trustee 8.0 0.0 X 0 0 0 Samantha Cooper Brand Trustee 8.0 0.0 X 0 0 0 Jackie Friedman Brogadir Trustee 8.0 0.0 X 0 0 0 Steven C Bussey Trustee 8.0 0.0 X 0 0 0 Jay Eisenhofer Trustee 8.0 0.0 X 0 0 0 Drew Figdor Trustee 8.0 0.0 X 0 0 0 Winston C Fisher Trustee 8.0 0.0 X 0 0 0 Tracy Hampton-Fraser Trustee 8.0 0.0 X 0 0 0 Irfan Hussain Trustee 8.0 0.0 X 0 0 0 Lauren Krueger Trustee 8.0 0.0 X 0 0 0 Justin D Lerer Trustee 8.0 0.0 X 0 0 0 Howard W Lutnick Trustee 8.0 0.0 X 0 0 0 Monica M Mandelli Trustee 8.0 0.0 X 0 0 0 Crystal McCrary Trustee 8.0 0.0 X 0 0 0 Avinash Mehrotra Trustee 8.0 0.0 X 0 0 0 Stephen Mong Trustee 8.0 0.0 X 0 0 0 Andrew L Olshan Trustee 8.0 0.0 X 0 0 0 Robert O Owens Trustee 8.0 0.0 X 0 0 0 Michael A Pruzan Trustee 8.0 0.0 X 0 0 0 Vinayak Singh Trustee 8.0 0.0 X 0 0 0 Catherine Goodstein Wallace Trustee 8.0 0.0 X 0 0 0 Keren Weltsch Trustee 8.0 0.0 X 0 0 0 Mariko Zeitlin Trustee 8.0 0.0 X 0 0 0 Sally Zhang Trustee 8.0 0.0 X 0 0 0 Sara Zion Trustee 8.0 0.0 X 0 0 0 5533106 0 1248634 218 true true false FLIK INTERNATIONAL CORP PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 4202927 Jeancare Services Inc 7 Odell Plz Ste 130 PMB 827 YONKERS NY 10703 Cleaning 1344074 Schulte Roth and Zabel LLP 919 3rd Avenue NEW YORK NY 10022 Legal Services 779866 Selby Transportation Corp 265 East 66th Street NEW YORK NY 10065 Transportation 609847 General Security 100 Fairchild Avenue PLAINVIEW NY 11803 Security 458824 37 1429285 1709866 14393373 1357291 17532524 TUITION 611110 108450171 108450171 OTHER FEES 611110 3668433 3668433 OTHER PRORGAM REVENUES 611110 299440 299440 AUXILIARY REVENUES 611110 73564 73564 112491608 4039394 37978 4001416 0 0 0 0 0 14937604 15022957 -85353 -85353 -85353 159567 1429285 372187 -212620 -212620 0 0 0 0 0 0 OTHER 900099 626342 626342 626342 134391895 112491608 37978 4329785 232800 232800 12193533 12193533 0 0 3894676 3038352 765221 91103 0 50052892 46111345 2862145 1079402 4098443 3817987 198567 81889 7485191 6852178 463764 169249 3598109 3284518 235534 78057 0 953012 953012 100538 100538 0 0 126267 126267 3436812 2629228 735691 71893 0 2651566 1922310 588053 141203 1219553 853684 304890 60979 0 4220971 3798874 379887 42210 598504 560287 38217 0 719336 591177 34564 93595 1700057 1700057 0 10350448 9315403 931540 103505 970808 970808 FOOD SERVICE 3766881 3766881 OTHER 4960287 2819612 1483171 657504 PA EXPENSES 125922 125922 117456606 103614148 11171869 2670589 33776181 3056085 31572755 35422303 17023317 15858181 44859 48634 0 0 0 0 0 0 76700 102204 416720 1128163 288718848 104289194 189377485 184429654 119518360 161159801 58541299 68829517 0 0 0 0 1408200 2265673 451755876 472300215 8406598 7550050 0 0 65049433 62734540 18727770 16446018 0 0 0 0 0 0 40493129 30711264 29490668 27774940 162167598 145216812 X 246089205 275828741 43499073 51254662 289588278 327083403 451755876 472300215 X 16935289 19499220 1060616 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36590562 3466731 3800938 774613 310194 42773424 34958275 6359433 -3460771 728588 537787 36590562 28741600 273688 7077996 651007 484002 34958275 28498992 737849 558734 623768 430207 28741600 29002813 496256 465652 692849 385013 387867 28498992 1.00000 false false 8538221 8538221 257025090 90706651 166318439 22405006 13043859 9361147 750531 538684 211847 184429654 ALTERNATIVE INVESTMENTS 68829517 F 68829517 0 ACCRUED POSTRETIREMENT BENEFIT 19440562 ACCRUED RETIREMENT BONUSES 6413017 BOND ISSUANCE PREMIUM 484716 OTHER 463749 LEASE LIABILITIES 792426 DEFERRED COMPENATION PAYABLE 180470 27774940 143920102 19499220 2348787 21848007 122072095 126267 12193533 12319800 134391895 105136806 105136806 126267 12193533 12319800 117456606 SCHEDULE D, PART V, LINE 4 THE NET INVESTMENT INCOME GENERATED FROM THE INVESTED ENDOWMENT FUNDS IS USED AT THE RATE OF 4.5% PER YEAR TO SUPPORT THE PROGRAMS AND FACILITIES OF THE SCHOOL. USES INCLUDE FINANCIAL AID, STUDENT ASSISTANCE, SCHOOL LIBRARIES, MAINTENANCE OF FACILITIES AND FACULTY ENRICHMENT. SCHEDULE D, PART X, LINE 2 Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. SCHEDULE D, PART XI, LINE 2d Settlement Reimbursement: $ 425,000 Postretirement bonus actuarial gain: $ 1,923,787 Schedule D, Part XI, Line 4b FINANCIAL AID: $12,193,533 Schedule D, Part XII, Line 4b FINANCIAL AID: $12,193,533 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH ITS WEBSITE HOMEPAGE. SCHEDULE E, PART I, LINE 6A THE SCHOOL RECEIVES NEW YORK STATE NON-PUBLIC SCHOOL AID. false Central America and the Caribbean 0 0 Investments 68829517 0 0 0 0 68829517 68829517 true false true false true false CCS FUNDRAISING CAMPAIGN MANAGEMENT false PA Benefit 1444999 1291399 153600 136913 136913 77282 8605 AC Benefit 143853 137886 5967 6237 6237 0 1588852 1429285 159567 143150 143150 77282 8605 372187 -212620 true Summer on the Hill 4400 Tibbett Avenue Bronx NY 10471 651232087 501(C)(3) 10000 56532 FMV Campus Space General Support Van Cortlandt Park Alliance 80 Van Cortlandt Park South Bronx NY 10463 133843182 501(C)(3) 45000 General Support Prep for Prep 328 West 71st Street New York NY 10023 132613383 501(C)(3) 10300 General Support NY Society Prevention of Cruelty to Children 520 8th Avenue 1401 New York NY 10018 131624134 501(C)(3) 150000 General Support 4 FINANCIAL AID 253 12193533 SCHEDULE I, PART I, LINE 2 For Organizations: Horace Mann School partners with local organizations that share a common mission and serve a common population, and monitors the use of contributions through its ongoing, collaborative relationships with these organizations. For Individuals: HORACE MANN SCHOOL MAKES EVERY EFFORT TO ENSURE THAT EVERY STUDENT WHO IS OFFERED ADMISSION AND WISHES TO ENROLL AND/OR CURRENTLY ATTENDS HAS THE FINANCIAL ABILITY TO DO SO. THE FINANCIAL AID COMMITTEE DETERMINES AWARDS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. GRANTS CONSIST OF FINANCIAL AID AWARDED TO 253 STUDENTS IN AMOUNTS REPRESENTING PORTIONS OF ANNUAL TUITION AS DETERMINED BY THE ADMINISTRATION OF THE SCHOOL. THE MAJORITY OF RECIPIENTS HAVE NO RELATIONSHIP TO THE SCHOOL OTHER THAN THEIR STATUS AS STUDENTS; A SMALL NUMBER OF ENROLLED CHILDREN OF EMPLOYEES ALSO APPLY FOR AND ARE FOUND ELIGIBLE FOR NEED BASED FINANCIAL AID BEYOND THE EMPLOYEE PERQUISITE. THE AMOUNTS ARE BASED ON THE SCHOOL'S INTERNAL CALCULATIONS AND ADJUSTMENTS OF THE SCHOOL AND STUDENT SERVICES METHODOLOGY BUILT AND MAINTAINED BY NAIS. X X true true X X X X X X false true false false false false false true false Thomas Kelly Head of School 1151476 350000 88208 363833 0 1953517 Canh Oxelson Exec Dir. College Counseling 406947 5000 90053 30500 56524 589024 Melissa Parento Dir. of ALumni/Development 298002 5000 88057 30500 70038 491597 Jessica Levenstein Davis Head of Upper Division 353267 5000 1035 30500 83860 473662 Adam Kenner Director of Technology 296349 5000 96495 30500 42552 470896 Lisa J Moreira Dir. Inst. Research/Enrollment 306161 5000 34226 30500 73067 448954 Deena Neuwirth Head of Lower Division 306962 5000 1018 30500 92821 436301 Gordon A Jensen Director of Facilities 346165 5000 13469 30500 19228 414362 Edward L Sinclair CFO (Through 1/16/22) 113495 288752 94 2542 3850 408733 David Roberts Chief Financial Officer 311388 5000 852 30500 47108 394848 Javaid Khan Head of Middle Division 292521 5000 0 30500 46132 374153 Marines Arroyo-Stuart Head of Nursery Division 247298 5000 816 25975 46604 325693 SCHEDULE J, PART I, LINE 1A THE HOUSING ALLOWANCE IS PROVIDED TO THOMAS KELLY, HEAD OF SCHOOL AND LISA MOREIRA, DIRECTOR OF INSTITUTIONAL RESEARCH & ENROLLMENT MANAGEMENT. HOUSING IS PROVIDED ON CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER PURSUANT TO CONTRACTUAL PROVISION AND IS NONTAXABLE. SOCIAL CLUB DUES ARE NON-TAXABLE BY VIRTUE OF BEING A WORKING CONDITION FRINGE UNDER IRC SECTION 132. SCHEDULE J, PART I, LINE 4B: Thomas Kelly participated in a 457(f) plan and accrued $333,333 during calendar year 2022. SCHEDULE J, PART I, LINE 7: THE HEAD OF SCHOOL'S BONUS WAS APPROVED BY THE BOARD CHAIR BASED ON PERFORMANCE. THE OTHER EMPLOYEES' BONUSES WERE APPROVED BY THE HEAD OF SCHOOL BASED ON PERFORMANCE. A BUILD NYC RESOURCE CORPORATION 454040561 12008EFC5 2014-11-13 38213326 PREVIOUSLY REFUND PRIOR ISSUE false true false A 21767308 0 38213326 0 0 0 764267 0 0 0 189319 0 2014 true false true true A false false false false 0 false false false true A false false false true false false 0 false 0 false true A true Part IV, Line 2C THE REBATE COMPUTATION WAS PERFORMED ON 11/13/2019. X 57 915546 SELLING PRICE X AUCTION ITEMS 364 441745 FMV false true false SCHEDULE M, PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE FORM 990 WAS REVIEWED BY THE CFO. THE FORM 990 WITH THE EXCEPTION OF SCHEDULE B (SCHEDULE OF CONTRIBUTIONS) WAS REVIEWED BY THE AUDIT COMMITTEE. A COPY OF THE FINAL 990 WITHOUT SCHEDULE B WAS ALSO PROVIDED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ASSISTANT TO THE HEAD OF SCHOOL, IN CONJUNCTION WITH THE AUDIT COMMITTEE, ANNUALLY OBTAINS COPIES OF ALL OF THE SIGNED CONFLICT OF INTEREST POLICIES. IN ADDITION TO THE VOTING BOARD MEMBERS, CONFLICT OF INTEREST AND CONFIDENTIALITY STATEMENTS ARE ALSO ANNUALLY SIGNED BY MEMBERS OF THE ADMINISTRATIVE COUNCIL WHO ARE KEY EMPLOYEES. IF AT ANY TIME DURING HIS OR HER TERM OF SERVICE, A TRUSTEE OR AN OFFICER HAS ANY INTEREST WHICH MAY POSE A CONFLICT OF INTEREST, HE OR SHE SHALL PROMPTLY DISCLOSE THE MATERIAL FACTS OF THAT INTEREST IN WRITING TO THE CHAIR OF THE BOARD AND CHAIR OF THE AUDIT COMMITTEE OF THE BOARD. WHEN ANY MATTER IN WHICH A TRUSTEE OR AN OFFICER HAS AN INTEREST COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD FOR DECISION OR APPROVAL, THAT INTEREST SHALL BE IMMEDIATELY DISCLOSED TO THE BOARD OR THE COMMITTEE BY THAT TRUSTEE OR OFFICER, AND THE TRUSTEE OR OFFICER SHALL RECUSE HIMSELF/HERSELF FROM ANY DISCUSSION AND/OR VOTE RELATING THERETO. FORM 990, PART VI, SECTION B, LINE 15A DURING THE ANNUAL BUDGET PROCESS, THE EXECUTIVE COMMITTEE ACTING AS THE COMPENSATION COMMITTEE, REVIEWS RELEVANT COMPARABLE COMPENSATION DATA AND FORMALLY MEETS AND APPROVES RECOMMENDED COMPENSATION FOR THE HEAD OF SCHOOL. THEY DOCUMENT THIS REVIEW CONTEMPORANEOUSLY. THIS PROCESS WAS PERFORMED IN May 2022 FOR FISCAL-YEAR 2023 AND SUBSEQUENTLY THE PROCESS WAS PERFORMED IN May 2023 FOR FISCAL-YEAR 2024. ADDITIONALLY, IN MAY 2023, THE SCHOOL ENGAGED AN OUTSIDE CONSULTANT TO HELP DETERMINE THE AMOUNT OF THE HEAD OF SCHOOL'S 457(F) PLAN AND CONTRACT EXTENSION THAT BECAME EFFECTIVE JULY 1, 2023. FORM 990, PART VI, SECTION B, LINE 15B DURING THE ANNUAL BUDGET PROCESS, THE EXECUTIVE COMMITTEE ACTING AS THE COMPENSATION COMMITTEE, REVIEWS RELEVANT COMPARABLE COMPENSATION DATA AND FORMALLY MEETS AND APPROVES RECOMMENDED COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THEY DOCUMENT THIS REVIEW CONTEMPORANEOUSLY. THIS PROCESS WAS PERFORMED IN MARCH 2022 FOR FISCAL-YEAR 2023 AND SUBSEQUENTLY THE PROCESS WAS PERFORMED IN MARCH 2023 FOR FISCAL-YEAR 2024. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE SCHOOL'S WEBSITE. THE FINANCIAL STATEMENTS ARE POSTED ON EMMA. FORM 990, PART XI, LINE 9 POSTRETIREMENT BENEFIT ADJUSTMENT: $1,923,787 Postretirement interest cost: -$1,288,171 Settlement Reimbursement: $ 425,000 JOHN DORR NATURE LAB OF HORACE MANN SCH 231 W 246TH STREET BRONX NY 10471 066085965 HOLDING CO NY 501(C)(3) PF NA false false false false false false false false false false false false false false false false false false false false