2024-05-15T11:32:05-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 111633522 PACKER COLLEGIATE INSTITUTE PACK 7182500336 170 JORALEMON STREET BROOKLYN NY 11201 MATTHEW ANNENBERG CHIEF FINANCIAL & OPER OFFICER 7182500336 2024-05-15 1 MATTHEW ANNENBERG XXX-XX-XXXX 1 MELISSA MODELSON P01603524 9143818900 2024-05-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR JENNIFER WEYBURN 170 JORALEMON STREET BROOKLYN NY 11201 78366351 0 X HTTP://WWW.PACKER.EDU/ X 1845 NY NOW IN ITS 175TH YEAR IN HISTORIC BROOKLYN HEIGHTS, PACKER IS EXCEPTIONALLY PROUD OF THE OUTSTANDING EDUCATION WE OFFER TO CHILDREN FROM THREE YEARS OF AGE THROUGH SENIOR HIGH SCHOOL IN A BEAUTIFUL PHYSICAL PLANT WITH UP-TO-DATE FACILITIES. IN ADDITION, PACKER HAS BECOME THE SCHOOL OF CHOICE FOR SO MANY FAMILIES IN BROOKLYN AND MANHATTAN PRIMARILY BECAUSE OF ITS EXTRAORDINARY FACULTY OF TALENTED MEN AND WOMEN WHO BRING A WEALTH OF EXPERTISE INTO THE CLASSROOM, ALONG WITH A REAL LOVE OF YOUNG PEOPLE. IT IS A TRULY CARING COMMUNITY WHERE ADULTS MODEL FOR STUDENTS THE ATTRIBUTES WE PRIZE - KINDNESS, HONOR, INTELLIGENCE, INCLUSIVENESS, AND DIVERSITY. 25 22 489 174 43821 3644 11508345 8110139 57230844 59923061 2499638 2717235 853191 727985 72092018 71478420 11234696 11386393 0 0 33033769 34953547 0 0 1645178 14391230 14947905 58659695 61287845 13432323 10190575 182472821 196650032 44985158 47088455 137487663 149561577 X GROUNDED IN RICH TRADITIONS WHILE EMBRACING THE FUTURE, PACKER IS A DIVERSE COMMUNITY THAT BALANCES THE VALUE OF SCHOLARSHIP AND THE INTELLECT WITH THE IMPORTANCE OF MEANINGFUL AND SUSTAINED RELATIONSHIPS. GUIDED BY DEDICATED ADULTS, PACKER STUDENTS ARE CHALLENGED TO DEVELOP TALENTS, PURSUE ASPIRATIONS, AND BECOME EMPATHETIC, RESPONSIBLE, GLOBALLY-MINDED INDIVIDUALS. WE EDUCATE STUDENTS TO THINK DEEPLY, SPEAK CONFIDENTLY AND ACT WITH PURPOSE AND HEART. 0 0 36625641 0 58105206 INSTRUCTIONAL & EDUCATION - FROM PRESCHOOL TO HIGH SCHOOL, PACKER PROVIDED EDUCATION TO ABOUT 1,000 STUDENTS IN FY 22-23. PACKER IS PROUD OF THE OUTSTANDING EDUCATION WE OFFER TO OUR STUDENTS. OUR LOWER SCHOOL STRESSES THE FUNDAMENTALS OF LITERACY AND MATHEMATICS IN A JOYFUL, STUDENT-FOCUSED ENVIRONMENT, WITH AMPLE TIME BUILT IN FOR SOCIAL STUDIES, SCIENCE, ART, MUSIC, LIBRARY STUDIES, DANCE, AND PHYSICAL EDUCATION. OUR LOWER SCHOOL CLASSROOMS EACH HAVE IN-CLASS LIBRARIES, CURRENT CURRICULAR MATERIALS, MODERN TECHNOLOGY, WONDERFULLY TRAINED AND EXPERIENCED HEAD AND ASSOCIATE TEACHERS. STARTING IN THE MIDDLE SCHOOL, PACKER STUDENTS PARTICIPATE IN A SCHOOL-WIDE LAPTOP PROGRAM, WITH EACH YOUNGSTER UTILIZING HIS OR HER OWN COMPUTER, WORKING IN CLASSROOMS EQUIPPED WITH SMART BOARDS AND OTHER MULTI-MEDIA, SO THAT TECHNOLOGY IS TRULY INTEGRATED AS A DAILY PART OF EVERYONE'S EDUCATION. MOST PACKER STUDENTS BEGIN TO LEARN A FOREIGN LANGUAGE IN GRADE 6 AND CONTINUE THEIR STUDIES THROUGH UPPER SCHOOL. IN THE UPPER SCHOOL, STUDENTS ENCOUNTER A RIGOROUS AND EXCITING PROGRAM OF REQUIRED AND ELECTIVE OFFERINGS THAT ENABLE THEM TO PURSUE PARTICULAR STRENGTH AND TALENTS. MODERN SCIENCE LABORATORIES, GYMNASIUM, A THEATER, AND ART, DANCE AND MUSIC STUDIOS SERVE AS IDEAL VENUES FOR BEGINNING AND ADVANCED STUDY IN THESE AREAS. OPPORTUNITIES ALSO ABOUND FOR YOUNG MEN AND WOMEN TO PARTICIPATE IN COMPETITIVE INTERSCHOLASTIC ATHLETICS AT BOTH THE VARSITY AND JUNIOR VARSITY LEVELS. 11386393 11386393 0 FINANCIAL AID: PACKER IS DEEPLY COMMITTED TO MAKING A PACKER EDUCATION A VIABLE OPTION FOR ALL ELIGIBLE STUDENTS. PACKER OFFERS FINANCIAL AID TO ENROLL HIGHLY QUALIFIED STUDENTS WHO COULD NOT OTHERWISE AFFORD TO ATTEND. DURING FISCAL YEAR 22-23, PACKER PROVIDED FINANCIAL AID TO ABOUT 25% OF ITS STUDENT BODY. 2260213 0 2776206 AUXILIARY PROGRAMS: PACKER PLUS PROVIDES A RICH ARRAY OF AFTER SCHOOL OFFERINGS, FROM PLAYGROUP, ROBOTICS, SPORTS, FOREIGN LANGUAGE, AND CHESS, FOR LOWER AND MIDDLE SCHOOL STUDENTS. IN THE SUMMER PERIOD, PACKER ALSO PROVIDES CAMP FOR 4-12 YEAR-OLDS AND COUNSELOR IN TRAINING FOR 13 AND 14 YEAR-OLDS. THE CAMP AND COUNSELOR IN TRAINING PROGRAMS ARE OPEN TO NON-PACKER STUDENTS. 50272247 1 1 0 0 0 0 0 1 0 1 1 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 1 97 0 489 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 22 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MATTHEW ANNENBERG CHIEF FIN AND O 7182500336 170 JORALEMON STREET BROOKLYN NY 11201 JENNIFER WEYBURN HEAD OF SCHOOL 40.00 X X 779972 0 264714 OHSANG KWON CHAIR 1.00 X X 0 0 0 MEGAN SHEETZ VICE CHAIR 1.00 X X 0 0 0 JAMILLAH HOY-ROSAS VICE CHAIR 1.00 X X 0 0 0 MARNIE BROOKE WORTH OFFICER AT LARGE 1.00 X X 0 0 0 EVAN ROTH OFFICER AT LARGE 1.00 X X 0 0 0 NEAL MCKNIGHT SECRETARY 1.00 X X 0 0 0 REED LOWENSTEIN TREASURER 1.00 X X 0 0 0 SUSAN ABDALLA MEMBER 1.00 X 0 0 0 DAWN BRADFORD-WATT MEMBER 1.00 X 0 0 0 ALEXA ECCLES MEMBER 1.00 X 0 0 0 ANDREA KELLY MEMBER 1.00 X 0 0 0 HANK MANNIX MEMBER 1.00 X 0 0 0 ANNE MARIE LUBRANO MEMBER 1.00 X 0 0 0 MEERA MARTI MEMBER 1.00 X 0 0 0 SAFIYA MITCHELL MEMBER 1.00 X 0 0 0 BARBARA MOORE MEMBER 1.00 X 0 0 0 AJ PIRES MEMBER 1.00 X 0 0 0 AARON RELIFORD MEMBER 1.00 X 0 0 0 HILLARY RIPLEY MEMBER 1.00 X 0 0 0 ANJAN SAHNI MEMBER 1.00 X 0 0 0 JEREMY SCHIFFRES MEMBER 1.00 X 0 0 0 RICHARD STORY MEMBER 1.00 X 0 0 0 FRANCISCO TEZEN MEMBER 1.00 X 0 0 0 DEMETRIOS YATRAKIS MEMBER 1.00 X 0 0 0 ELIZABETH H WINTER CHIEF FIN. OFFICER, THRU JUNE 2023 40.00 X 535187 0 204180 SHEILA BOGAN DIR. OF ENROLLMENT AND FINANCIAL AID 40.00 X 227891 0 29570 DENISE COLEMAN DIRECTOR OF HUMAN RESOURCES 40.00 X 178236 0 56399 MAXINE COLEMAN DIR. OF CAMPUS OPS., THRU DEC. 2022 40.00 X 243522 0 59499 ELIZABETH HASTINGS ASSOC. HEAD OF SCHOOL/ACADEMIC DEAN 40.00 X 280935 0 33576 YVES-ERIC KABORE MIDDLE SCHOOL DIVISION HEAD 40.00 X 204080 0 42193 MARIA NUNES UPPER SCHOOL DIVISION HEAD 40.00 X 218436 0 63785 LISA SHAMBAUGH COLLEGE COUNSELOR 40.00 X 220131 0 38354 ROMINA ROS CONTROLLER 40.00 X 210771 0 35613 JAMES ANDERSON CHIEF INFORMATION OFFICER 40.00 X 188131 0 56195 ANITA FORTUNE COLLEGE COUNSELOR 40.00 X 182084 0 71589 GREGORY BENEDIS-GRAB DIRECTOR OF ACADEMIC IT 40.00 X 175674 0 26940 3645050 0 982607 96 0 1 0 CLAIRE WEISZ ARCHITECTS LLP 25 PARK PLACE 5TH FLOOR NEW YORK NY 10007 ARCHITECTURE 527486 KELLERMEYER BERGENSONS SERVICES LLC 25049 NETWORK PLACE CHICAGO IL 60673 CLEANING 415951 INTEGRATED SECURITY SERVICES INC PO BOX 780865 PHILADELPHIA PA 19178 SECURITY 378870 VERGER CAPITAL MANAGEMENT LLC 751 WEST 4TH STREET SUITE 410 WINSTON SALEM NC 27101 INVESTMENT MANAGEMENT 314863 MIRIMUS INC 760 PARKSIDE AVENUE SUITE 206 BROOKLYN NY 11226 COVID-19 TESTING 300060 21 188947 1408964 6512228 356720 8110139 TUITION & FEES 611600 57653245 57653245 SUMMER DAY CAMP 611600 1010813 1010813 PACKER PLUS 611600 738796 738796 FOOD SERVICE 611600 314707 314707 EDUCATIONAL SCHOOL TRIPS 611600 205500 205500 59923061 1285036 43821 1241215 13310 0 13310 13310 13310 8097550 6665351 1432199 1432199 1432199 186572 188947 195608 -9036 -9036 36010 26972 9038 9038 SCHOOL REIMBURSEMENTS 900099 341322 341322 APPL./FORFEITED DEP. 900099 110639 110639 MODEL CONGRESS/YEARBOOK 611710 100885 100885 161827 161827 714673 71478420 60637734 43821 2686726 11386393 11386393 2998505 675800 2317534 5171 9000 9000 25059550 21534155 2660355 865040 1545354 1321814 171028 52512 3143274 2396709 639406 107159 2197864 1916160 215528 66176 67521 67521 66850 66850 654494 509453 123559 21482 765272 660689 77236 27347 108763 54457 54306 3831688 3320706 367588 143394 405656 405656 694016 540217 131020 22779 740121 727229 12892 270887 228804 21629 20454 902125 702207 170308 29610 4390149 3417260 828795 144094 631124 631124 SCHOOL TRIP/PROJECT EXP 506165 288392 217773 MISC OPERATING EXP 281568 140266 94844 46458 FAC/STAFF RECRUITMENT 270536 270536 SOCIAL ACTIVITIES 171995 41194 130614 187 188975 50143 99823 39009 61287845 50272247 9370420 1645178 24810019 23344239 23272652 2208778 1799161 1014629 110454 188830 17976 15495 438260 592474 135416199 81829413 52048622 53586786 1454250 32006248 78521427 83692553 182472821 196650032 5091174 7202224 19225839 19685572 20201265 19665664 466880 534995 44985158 47088455 X 109142393 119806950 28345270 29754627 137487663 149561577 182472821 196650032 10190575 1883339 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 391654 X X X 0 78521427 3297371 3017113 1149504 83686407 60676387 17818015 729597 702572 78521427 40029396 8180845 12246959 317273 60139927 39797156 1130678 0 898438 40029396 38621103 945133 1430592 1199672 39797156 0.67730 0.23690 0.08580 0 0 11300000 11300000 97082147 68691175 28390972 14655611 12475633 2179978 12378441 662605 11715836 53586786 MULTI-ASSET FUND 83692553 F 83692553 CAPITAL LEASE OBLIGATIONS 534995 534995 X 61543452 1883339 222580 2105919 59437533 654494 11386393 12040887 71478420 49469538 222580 222580 49246958 654494 11386393 12040887 61287845 PART III, LINE 4: PACKER COLLEGIATE INSTITUTE'S COLLECTION INCLUDES ART AND RARE BOOKS THAT ARE OPEN TO PUBLIC EXHIBITION. THIS COLLECTION IS AVAILABLE FOR SCHOLARLY RESEARCH TO HELP FURTHER EDUCATE CURRENT STUDENTS AND IS PRESERVED FOR FUTURE GENERATIONS. PART V, LINE 4: INCOME GENERATED FROM ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR GENERAL PURPOSE, SCHOLARSHIPS, FACULTY ENRICHMENT, TECHNOLOGY AND ACADEMIC PROGRAMS. PART X, LINE 2: PACKER RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT PACKER HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PACKER IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 195,608. SALES EXPENSES REPORTED ON PART VIII, LINE 10B 26,972. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & TUITION ASSISTANCE NETTED AGAINST REVENUE 11,386,393. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 195,608. SALES EXPENSES REPORTED ON PART VIII, LINE 10B 26,972. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & TUITION ASSISTANCE NETTED AGAINST REVENUE 11,386,393. PART V, LINE 1A, COLUMN (A): ADJUSTMENTS WERE MADE TO THE ENDOWMENTS PER THE AUDITED FINANCIAL STATEMENTS DURING THE YEAR ENDED JUNE 30, 2022, WHICH RESULTED IN AN OPENING BALANCE DIFFERENCE IN PART V, COLUMN B. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMINATION IS PUBLISHED IN ALL ADVERTISEMENTS, NEWSPAPERS, AND OTHER PRINTED MEDIA IN GENERAL CIRCULATION RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES. THE SCHOOL ALSO POSTS ITS NONDISCRIMINATORY POLICY ON ITS HOMEPAGE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FEES FROM NEW YORK STATE APPORTIONMENT THAT ARE USED FOR MANDATED SERVICES. THE AID HAS NEVER BEEN REVOKED OR SUSPENDED. PARENT ASSOC BENEFIT 261537 124350 137187 66000 6576 6129 58482 SKATE PARTY 84270 49182 35088 0 6444 20040 8604 3 29712 15415 14297 6508 1826 0 14999 375519 188947 186572 72508 14846 26169 82085 195608 -9036 1 FINANCIAL AID/TUITION ASSISTANCE 282 11386393 PART I, LINE 2: FAMILIES IN NEED OF FINANCIAL AID ARE REQUIRED TO SUBMIT A FINANCIAL AID APPLICATION EVERY YEAR. THE APPLICATION CONSISTS OF COPIES OF THE PARENT(S) MOST RECENT FEDERAL TAX RETURN AND W-2, AND A FAMILY LETTER THAT PROVIDES A BRIEF DESCRIPTION OF THE FAMILY'S FINANCIAL CIRCUMSTANCE. IN ADDITION, FAMILIES ARE REQUIRED TO COMPLETE A PARENT'S FINANCIAL STATEMENT (PFS) TO SCHOOL AND STUDENT SERVICES (SSS). SSS PROCESSES THE FAMILY'S PFS AND PROVIDES A PACKER AID RECOMMENDATION. PACKER GRANTS AID TO FAMILIES BASED UPON THE SSS ASSESSMENT AS WELL AS ADDITIONAL INFORMATION PROVIDED ON THE APPLICATION. FINANCIAL GRANTS ARE APPLIED AS A CREDIT ON THE STUDENT'S ACCOUNT. X X 1 1 X X X 0 1 0 0 0 0 0 1 0 JENNIFER WEYBURN HEAD OF SCHOOL 551650 0 100000 0 128322 0 96145 0 168569 0 1044686 0 0 0 ELIZABETH H WINTER CHIEF FIN. OFFICER, THRU JUNE 2023 510701 0 0 0 24486 0 186750 0 17430 0 739367 0 0 0 ELIZABETH HASTINGS ASSOC. HEAD OF SCHOOL/ACADEMIC DEAN 259799 0 0 0 21136 0 19635 0 13941 0 314511 0 0 0 MAXINE COLEMAN DIR. OF CAMPUS OPS., THRU DEC. 2022 243130 0 0 0 392 0 18742 0 40757 0 303021 0 0 0 MARIA NUNES UPPER SCHOOL DIVISION HEAD 217417 0 0 0 1019 0 17325 0 46460 0 282221 0 0 0 LISA SHAMBAUGH COLLEGE COUNSELOR 219519 0 0 0 612 0 23563 0 14791 0 258485 0 0 0 SHEILA BOGAN DIR. OF ENROLLMENT AND FINANCIAL AID 227649 0 0 0 242 0 15925 0 13645 0 257461 0 0 0 ANITA FORTUNE COLLEGE COUNSELOR 181638 0 0 0 446 0 25371 0 46218 0 253673 0 0 0 ROMINA ROS CONTROLLER 189988 0 0 0 20783 0 20645 0 14968 0 246384 0 0 0 YVES-ERIC KABORE MIDDLE SCHOOL DIVISION HEAD 203874 0 0 0 206 0 4560 0 37633 0 246273 0 0 0 JAMES ANDERSON CHIEF INFORMATION OFFICER 166380 0 0 0 21751 0 14547 0 41648 0 244326 0 0 0 DENISE COLEMAN DIRECTOR OF HUMAN RESOURCES 156532 0 0 0 21704 0 14128 0 42271 0 234635 0 0 0 GREGORY BENEDIS-GRAB DIRECTOR OF ACADEMIC IT 175492 0 0 0 182 0 12208 0 14732 0 202614 0 0 0 PART I, LINE 1A HOUSING, IN THE AMOUNT OF $126,000, AS WELL AS PERSONAL SERVICES FOR THE MAINTENANCE OF THE PROPERTY, ARE PROVIDED AS NON-TAXABLE BENEFITS FOR THE HEAD OF SCHOOL AS A CONDITION OF EMPLOYMENT AND THE CONVENIENCE OF THE EMPLOYER. PART I, LINE 4B THE HEAD OF SCHOOL PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT 457(F) PLAN. DURING FY 22-23, PACKER CONTRIBUTED $75,340 TO THE HEAD OF SCHOOL'S 457(F) PLAN. PART I, LINE 7 JENNIFER WEYBURN, HEAD OF SCHOOL, RECEIVED A DISCRETIONARY BONUS DURING CALENDAR YEAR 2022, WHICH WAS INCLUDED IN COLUMN B(II) HEREIN AND IN HER 2022 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. A BUILD NYC RESOURCE CORPORATION 454040561 12008EHG4 2015-04-07 24050466 REFUND BONDS ISSUED 6/19/2002 AND FINANCE SCHOOL FACILITIES 0 0 0 A 5400000 24050466 2306173 411563 128782 19079539 2124409 2019 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 156583 FINANCIAL AID SEE PART V SCHEDULE L, PART III (E) PURPOSE OF ASSISTANCENEED-BASED TUITION ASSISTANCE GRANTS OR OTHER ASSISTANCE BENEFITTING INTERESTED PERSONS JUST LIKE OTHER PACKER FAMILIES, KEY EMPLOYEES MUST SUBMIT A FINANCIAL AID APPLICATION EACH YEAR IN ORDER TO BE CONSIDERED FOR FINANCIAL AID OR TUITION ASSISTANCE. FINANCIAL AID IS NOT TUITION REMISSION. FINANCIAL AID IS AWARDED ONLY IF THE FAMILY QUALIFIES FOR AID. X 20 278248 AVG. SELLING PRICE X AUCTION ITEMS 86 78126 COST X EVENT TICKETS 4 346 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED IN JUNE 2023. AMENDMENTS INCLUDED: A CHANGE IN THE COMPOSITION OF A BOARD COMMITTEE: DELETED THE LIMIT ON THE NUMBER OF TRUSTEES ON THE RISK AND MANAGEMENT AND AUDIT/PENSION PLAN COMMITTEE, WHICH WAS ORIGINALLY FIVE. FORM 990, PART VI, SECTION B, LINE 11B THE INSTITUTE HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY MANAGEMENT. ONCE THE MANAGEMENT TEAM HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. AFTER THE FILING OF THE FORM 990, AN ELECTRONIC COPY OF THE FORM 990 WITH THE SCHEDULE B REDACTED IS PROVIDED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES MUST REPORT, IN WRITING, ANY CONFLICTS WHICH CURRENTLY EXIST OR ARISE DURING THE YEAR, AND THE SIGNED STATEMENTS ARE KEPT ON FILE IN THE OFFICE OF THE CHIEF FINANCIAL OFFICER. SUCH CONFLICTS WILL BE DISCLOSED BY THE CHAIR OF THE BOARD AT THE NEXT FULL BOARD MEETING. THE FULL BOARD WILL DETERMINE IF THE INDIVIDUAL MUST RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 EVERY YEAR, THE CHIEF FINANCIAL OFFICER GATHERS COMPARABLE DATA FROM PACKER'S PEER GROUPS, INCLUDING OTHER ORGANIZATIONS' FORM 990, THROUGH NAIS SURVEY AND REPORTS FROM GUILD OF NEW YORK SCHOOLS. THE DATA IS PRESENTED TO THE COMPENSATION COMMITTEE FOR REVIEW. THE COMPENSATION COMMITTEE DISCUSSES THE DATA WITH THE FULL BOARD TO DETERMINE THE HEAD OF SCHOOL'S COMPENSATION AND COMPENSATION FOR ALL STAFF AND FACULTY. PERIODICALLY, AS DETERMINED BY THE BOARD, A COMPENSATION CONSULTANT IS RETAINED TO COMPLETE A REVIEW OF THE HEAD OF SCHOOL'S COMPENSATION. THE CHIEF FINANCIAL OFFICER MAINTAINS RECORDS OF DATA GATHERED FROM ALL COMPENSATION SURVEYS. MINUTES OF THE COMPENSATION COMMITTEE AND BOARD MEETINGS ARE KEPT ON FILE. THIS PROCESS WAS LAST COMPLETED IN FEBRUARY 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.