2025-01-23T13:57:53-06:00 2024-06-30 WITHUMSMITHBROWN PC 1835 MARKET STREET SUITE 1710 PHILADELPHIA PA 191032945 990 2023-07-01 231370498 Church Farm School % KAREN WERTZ CHUR 6103637500 1001 E Lincoln Highway Exton PA 19341 TIFFANY M SCOTT INT. HEAD OF SCHOOL 6103637500 2025-05-15 true true BRIAN PAGE P02402981 2155462140 2023 2024-10-15 13:58:12Z TIFFANY M SCOTT 1001 E Lincoln Highway Exton PA 19341 19587891 false X www.gocfs.net X 1918 PA SEE SCHEDULE O 20 20 95 20 43576 0 2811102 2050833 528058 505737 3894176 7589506 177701 179523 7411037 10325599 0 0 0 0 6198363 6584536 0 0 411123 6605914 6429688 12804277 13014224 -5393240 -2688625 191983609 201289359 2948817 1633237 189034792 199656122 THE CHURCH FARM SCHOOL PREPARES A DIVERSE GROUP OF BOYS WITH ACADEMIC ABILITY AND GOOD CHARACTER TO LEAD PRODUCTIVE AND FULFILLING LIVES BY MAKING A COLLEGE PREPARATORY EDUCATION FINANCIALLY ACCESSIBLE. false false 9460852 505737 PROVISION OF A RESIDENTIAL COLLEGE PREPARATORY ENVIRONMENT FOR BOYS IN GRADES 9 THROUGH 12 FROM FINACIALLY DESERVING FAMILIES. THE SCHOOL PROVIDES EDUCATION, HOUSING, FOOD, SOCIAL ACTIVITIES, SUPPORT SERVICES, SOME TRANSPORTATION, AND A WORK PROGRAM FOR APPROXIMATELY 150 BOYS ON A 150 ACRE CAMPUS. NEARLY 100% OF CFS GRADUATES GO ON TO MATRICULATE TO 4 YEAR COLLEGES AND UNIVERSITIES. 9460852 true true false false false false false false false true true true false false true true true false true false false false false false true false false false false true false false false false false false false false true false false false false false false false true 45 0 true 95 true true true false false false false true true false false false false false false X 20 20 true false false false false false false true true false false true true true true true true true false false X KAREN WERTZ 6103637500 1001 E LINCOLN HIGHWAY EXTON PA 19341 X rev Edmund K Sherrill II head of School 50.0 0.0 X 268324 0 127417 karen K Wertz Director of Finance 50.0 0.0 X 179682 0 21892 Margaret Van Steenwyk Assistant Head of School 50.0 0.0 X 153228 0 43068 chester C Blair Jr Dir. of Residential Life 50.0 0.0 X 138584 0 6683 Brandon A Herbert Director of Admissions 50.0 0.0 X 118867 0 22221 Arthur S Smith Faculty Teacher 50.0 0.0 X 124968 0 12842 Matthew J Burns Chairman 3.0 0.0 X X 0 0 0 alemayehu Addis Treasurer 3.0 0.0 X X 0 0 0 Vincent Napoleon vice chairman 3.0 0.0 X X 0 0 0 carol Aichele secretary 3.0 0.0 X X 0 0 0 Stacey Shreiner Kley Board Member 1.0 0.0 X 0 0 0 Andrew carrigan Board Member 1.0 0.0 X 0 0 0 michael J Hankin Board Member 1.0 0.0 X 0 0 0 rev preston B Hannibal Board Member 1.0 0.0 X 0 0 0 David F Zimmerman board member 1.0 0.0 X 0 0 0 Lauren L Miller Board Member 1.0 0.0 X 0 0 0 Anthony K Moore Board Member 1.0 0.0 X 0 0 0 Daniel Wallick Board member 1.0 0.0 X 0 0 0 Romane Paul Board Member 1.0 0.0 X 0 0 0 Peter C Phillips Board Member 1.0 0.0 X 0 0 0 Caroline Buck Rogers Board Member 1.0 0.0 X 0 0 0 Marc Turner Board member 1.0 0.0 X 0 0 0 Geoff Sheehan BOARD MEMBER 1.0 0.0 X 0 0 0 Kari Tank-Nielsen BOARD MEMBER 1.0 0.0 X 0 0 0 Tammy James BOARD MEMBER 1.0 0.0 X 0 0 0 Mani Sabapathi BOARD MEMBER 1.0 0.0 X 0 0 0 983653 0 234123 6 false true false SODEXO INC AND AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD/JANITOR SERVICE 903063 Clark Companies 41155 State Highway 10 Delhi NY 13753 Track Construction 867875 Interstate Maintenance 508 Prudential Road Suite 100 HORSHAM PA 19044 JANITORIAL SERVICES 226193 Hankin Group 707 Eagleview Blvd Suite 400 EXTON PA 19341 CONSTRUCTION SERVICE 132820 PR Commerical Painting LLC 320 Redwood Drive ROYERSFORD PA 19468 PAINTING SERVICES 120639 5 40450 645502 1364881 120038 2050833 tuition and fees 900099 505737 505737 505737 3939834 43576 3896258 0 0 189234 189234 0 189234 189234 11823976 1053277 8932661 294920 2891315 758357 3649672 25000 40450 34711 -9711 0 0 0 0 0 0 0 10325599 505737 43576 4085492 X 0 0 0 0 962984 962984 0 4505122 3429747 857188 218187 426057 348601 55278 22178 329994 232827 82355 14812 360379 232246 113357 14776 0 253836 253836 28652 28652 0 0 142340 142340 1379466 1200595 142433 36438 151025 110639 12375 28011 89034 29277 36278 23479 689785 498460 191325 0 741031 709743 31288 99238 42957 51275 5006 0 37304 20168 16716 420 1798 1798 0 1526022 1448195 77827 141846 122183 17878 1785 Campus Maintenance 390279 373876 16403 Athletic 238521 238521 ALL OTHER EXPENSES 286138 189444 50663 46031 STUDENT ACTIVITY 144154 144154 89219 89219 13014224 9460852 3142249 411123 0 0 5362377 6726172 279652 35408 936239 84277 0 0 0 0 0 0 0 0 247194 519632 50698431 26373983 25281069 24324448 138923890 147065529 13495845 14655765 0 0 0 0 7457343 7878128 191983609 201289359 725918 1362808 0 0 168659 270429 0 0 0 0 0 0 0 0 0 0 2054240 0 2948817 1633237 X 151172955 158876672 37861837 40779450 189034792 199656122 191983609 201289359 X -2688625 13543957 -234002 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152419732 145451 19526077 10369966 161721294 146915279 1045 14351105 8847696 152419733 176398374 2975 -16972194 12513876 146915279 141881700 125000 47282693 12891019 176398374 154610870 -1841640 10887530 141881700 0.79000 0.21000 true false 317134 317134 37747967 20740395 17007572 5807253 1224429 4582824 6826077 4409159 2416918 24324448 COMMON TRUST FUND 14655765 F 14655765 0 0 X 23527750 13543957 34711 13578668 9949082 142340 234177 376517 10325599 12906595 34711 34711 12871884 142340 142340 13014224 PART V, LINE 4: CFS has a two-tiered spending policy. With respect to the board-designated quasi-endowment, the Board designated a 5.4% and 5.4% draw for 2024 and 2023, respectively, based upon average market value of the total portfolio for the past 12 calendar quarters, as of October 31, prior to each fiscal year end. PART X, LINE 2: CFS is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to its tax-exempt purpose is subject to taxation as unrelated business income. GAAP requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their tax returns. GAAP prescribes a minimum recognition threshold that a tax position is required to meet in order to be recognized in the financial statements. CFS believes that it has no uncertain tax positions as defined in GAAP. positions as defined in GAAP. PART XI, LINE 4D: FUNDRAISING EXPENSES $34,711 PART XI, LINE 4B: UNFUNDED PENSION STATUS $234,177 PART XII, LINE 4D: FUNDRAISING EXPENSES $34,711 true true true true true true true false false false false false false false false true false true LINE 4B - NONDISCRIMINATION POLICY THE NONDISCRIMINATION POLICY AS IT RELATES TO STUDENTS IS PUBLISHED IN THE PARENT/STUDENT HANDBOOK. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: FINANCIAL ASSISTANCE IS RECEIVED FROM THE STATE OF PENNSYLVANIA IN THE FORM OF AN ALLOWANCE (CREDIT) TO BE USED FOR THE PURCHASE OF TEXTBOOKS AND OTHER EDUCATIONAL MATERIALS. GOLF CLASSIC 65450 40450 25000 11000 11000 12711 0 65450 40450 25000 11000 11000 12711 34711 -9711 X X true true X X false false false false false false false false false rev Edmund K Sherrill II head of School 268324 0 0 0 0 0 63570 0 63847 0 395741 0 0 0 karen K Wertz Director of Finance 179682 0 0 0 0 0 8323 0 13569 0 201574 0 0 0 Margaret Van Steenwyk Assistant Head of School 153228 0 0 0 0 0 8089 0 34979 0 196296 0 0 0 SCHEDULE J, PART I, LINE 1: THE SCHOOL PROVIDES HOUSING AND OTHER BENEFITS TO CERTAIN KEY EMPLOYEES AS A REQUIREMENT OF THEIR DUTIES OR AS A BENEFIT OF EMPLOYMENT. THE VALUE OF THESE BENEFITS ARE INCLUDED IN THE TAXABLE WAGES OF THESE EMPLOYEES, TO THE EXTENT THEY ARE NOT OTHERWISE EXCLUDED FROM SUCH BY THE INTERNAL REVENUE CODE AND ALL ARE DISCLOSED, AS REQUIRED, ON FORM 990, PART VII AND SCHEDULE J. THERE ARE SOME TAX INDEMNIFICATION BENEFITS PROVIDED TO FACULTY OF LONG TERM TENURE. X 1350 120038 FAIR MARKET VALUE false true true Use Third Parties All donated publicly traded securities are sold immediately by bryn mawr trust, a wsfs company. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE CHURCH FARM SCHOOL PREPARES A DIVERSE GROUP OF BOYS WITH ACADEMIC ABILITY AND GOOD CHARACTER TOLEAD PRODUCTIVE AND FULFILLING LIVES BY MAKING A COLLEGE PREPARATORY EDUCATION FINANCIALLY ACCESSIBLE. FORM 990, PART VI, SECTION A, LINE 2: MATTHEW BURNS, LAUREN MILLER AND CAROLINE ROGERS ARE CFS DIRECTORS WHO PARTICIPATE IN THE CHURCH FARM SCHOOL SCHOLARSHIP 1, LLC WHICH IS NO LONGER ACTIVE. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 REVIEW PROCESS THE FORM 990 WAS PREPARED BY AN ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS FIRST CIRCULATED TO THE AUDIT COMMITTEE AND THEN DISTRIBUTED TO THE FULL BOARD OF TRUSTEES FOR DISCUSSION AND COMMENT. EACH BOARD MEMBER WAS PROVIDED OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C: CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT: THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, OFFICERS, HIGHLY COMPENSATED EMPLOYEES, EMPLOYEES WITH PURCHASING RESPONSIBILITY AND PROFESSIONAL SERVICE PROVIDERS. ALL COVERED INDIVIDUALS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY BY COMPLETING AN ACTIVITY QUESTIONNAIRE. THESE QUESTIONNAIRES ARE REVIEWED AND MONITORED BY THE CFO OF THE ORGANIZATION. FOR INDIVIDUALS WITH POTENTIAL CONFLICTS, THAT INDIVIDUAL IS RECUSED FROM VOTING ON THE CONFLICTED MATTER OR PARTICIPATION IN THE CONFLICTED MATTER. FORM 990, PART VI, SECTION B, LINE 15A: PROCESS FOR DETERMINING COMPENSATION: THE EXECUTIVE COMMITTEE OF THE BOARD INITIALLY ENGAGED AN INDEPENDENT SCHOOL COMPENSATION CONSULTANT TO ASSIST IN DESIGNING AND IMPLEMENETING THE CURRENT COMPENSATION PACKAGE/STRUCTURE OF THE HEAD OF SCHOOL. THE EXECUTIVE COMMITTEE OF THE BOARD BENCHMARKS THE TERMS OF COMPENSATION FOR THE HEAD OF SCHOOL TO CONFIRM THAT THE POLICY IS IN-LINE WITH INDUSTRY STANDARDS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS/NAIS, ETC.). FORM 990, PART VI, SECTION C, LINE 19: THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: DECREASE IN UNFUNDED PENSION STATUS $234,002 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER FEES TOTAL FEES:1379466