2023-02-23T15:18:28-06:00 2022-06-30 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2021-07-01 751022742 GREENHILL SCHOOL GREE 9726285400 4141 SPRING VALLEY ROAD ADDISON TX 75001 KENDRA GRACE CFO/COO 9726285400 2023-02-15 1 KENDRA GRACE 999009999 MATTHEW PETROSKI P00853132 9726611843 2023-02-15 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z LEE HARK 4141 SPRING VALLEY ROAD ADDISON TX 75001 79659604 0 X GREENHILL.ORG X 1950 TX IN A DIVERSE AND INCLUSIVE COMMUNITY, GREENHILL PREPARES AND INSPIRES STUDENTS TO LEAD AUTHENTIC, PURPOSEFUL LIVES. 39 39 503 550 141470 0 9632573 15630167 43803427 46661321 2205290 2772833 448620 454700 56089910 65519021 4671593 4918723 0 0 28653393 29489212 0 0 1538878 14507121 16644886 47832107 51052821 8257803 14466200 182905371 196106568 42667221 49751082 140238150 146355486 IN A DIVERSE AND INCLUSIVE COMMUNITY, GREENHILL PREPARES AND INSPIRES STUDENTS TO LEAD AUTHENTIC, PURPOSEFUL LIVES. 0 0 43243495 4918723 46545509 DURING THE FISCAL YEAR ENDED JUNE 30, 2022. GREENHILL SCHOOL PROVIDED QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,330 STUDENTS IN GRADES PRE-K THROUGH 12. 43243495 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 80 0 1 503 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC HI MD MA MI NH OR SC WA X KENDRA GRACE 9726285517 4141 SPRING VALLEY ROAD ADDISON TX 75001 AUGUSTO SASSO BOARD CHAIR 10.00 X X 0 0 0 ROY S KIM ASSISTANT CHAIR/SECRETARY 5.00 X X 0 0 0 GRACE SMITH TREASURER 5.00 X X 0 0 0 DEBBY ACKERMAN TRUSTEE 1.00 X 0 0 0 AMANDA BECK TRUSTEE 1.00 X 0 0 0 LESLIE BENNERS TRUSTEE 1.00 X 0 0 0 JOE CHU TRUSTEE 1.00 X 0 0 0 ALBERTINA M CISNEROS TRUSTEE 1.00 X 0 0 0 CHRIS I CLARK TRUSTEE 1.00 X 0 0 0 MEGAN CONSIDINE TRUSTEE 1.00 X 0 0 0 LENORE DIAMOND TRUSTEE 1.00 X 0 0 0 DAVID FOX TRUSTEE 1.00 X 0 0 0 MICHELLE FRYMIRE TRUSTEE 1.00 X 0 0 0 HOLLAND P GARY TRUSTEE 1.00 X 0 0 0 LOUIS GENNARELLI TRUSTEE 1.00 X 0 0 0 KENJI HASHIMOTO TRUSTEE 1.00 X 0 0 0 KEARLYN HERLITZ TRUSTEE 1.00 X 0 0 0 JOAN HILL TRUSTEE 1.00 X 0 0 0 RACHEL LADIN TRUSTEE 1.00 X 0 0 0 LESTER LEVY JR TRUSTEE 1.00 X 0 0 0 CLAYTON S LOUGEE TRUSTEE 1.00 X 0 0 0 KAMINI MAMDANI TRUSTEE 1.00 X 0 0 0 MARLO MELUCCI TRUSTEE 1.00 X 0 0 0 RICH MOSES TRUSTEE 1.00 X 0 0 0 DAVID MULLER TRUSTEE 1.00 X 0 0 0 ADRIANA PERALES TRUSTEE 1.00 X 0 0 0 ASHLEY SCHEER TRUSTEE 1.00 X 0 0 0 HARDEEP SEHGAL TRUSTEE 1.00 X 0 0 0 BOAZ SIDIKARO TRUSTEE 1.00 X 0 0 0 RAJESH SWAMINATHAN TRUSTEE 1.00 X 0 0 0 BETH THOMAS TRUSTEE 1.00 X 0 0 0 LORI WHITTEN TRUSTEE 1.00 X 0 0 0 LINDA WIMBERLY TRUSTEE 1.00 X 0 0 0 BING XIE TRUSTEE 1.00 X 0 0 0 JEFF ZLOTKY TRUSTEE 1.00 X 0 0 0 RUSTY JAGGERS TRUSTEE 1.00 X 0 0 0 E PIERCE MARSHALL JR TRUSTEE 1.00 X 0 0 0 MOLLY FULTON SEELIGSON TRUSTEE 1.00 X 0 0 0 DANIEL T PHILIPS TRUSTEE 1.00 X 0 0 0 LEE HARK HEAD OF SCHOOL, EX-OFFICIO 60.00 X 842268 0 148182 KENDRA GRACE CFO/COO/ASSISTANT HEAD OF SCHOOL 50.00 X 306473 0 37588 SCOTT GRIGGS FORMER HOS/CONSULTANT 60.00 X 372600 0 0 MICHAEL SIMPSON HEAD OF LOWER SCHOOL 50.00 X 222370 0 60349 TREVOR WORCESTER HEAD OF UPPER SCHOOL 50.00 X 182356 0 34488 SUSAN T PALMER HEAD OF MIDDLE SCHOOL 50.00 X 182640 0 21324 SUSAN HOLMES CHIEF ADVANCEMENT OFFICER 50.00 X 181511 0 8699 2290218 0 310630 47 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 DINING SERVICES 1539710 BOHLIN CYWINSKI JACKSON 1932 1ST AVE STE 916 SEATTLE WA 98101 ARCHITECTURAL SERVICES 1518781 MCLEMORE BUILDING MAINTENANCE INC 110 FARGO ST HOUSTON TX 77006 JANITORIAL SERVICES 783713 BLACKALL MECHANICAL INC 3724 ARAPAHO ROAD ADDISON TX 75001 CONTRACTING SERVICES 558862 IN YELLOW ROSE LANDSC 4325 REEDER DR CARROLLTON TX 75010 LANDSCAPING SERVICES 485264 25 349596 15280571 2814116 15630167 TUITION AND FEES 611110 41597819 41597819 CAFETERIA 722210 1885862 1885862 SUMMER PROGRAMS 713990 1635699 1635699 EXTENDED DAY 611110 764203 764203 CHILD DEVELOPMENT CENT 611110 322975 322975 454763 338951 115812 46661321 1276718 25658 1251060 23466 23466 510744 14035 496709 496709 496709 15110360 13614245 1496115 1496115 1496115 199729 349596 350487 -150758 -150758 17350 5000 12350 12350 229749 156816 72933 72933 65519021 46545509 141470 3201875 4918723 4918723 1308612 775295 508214 25103 82931 82931 20818155 17885257 2294937 637961 1052986 794557 232854 25575 4698032 3665425 922883 109724 1528496 1206397 281655 40444 84701 84701 109400 109400 355123 355123 4558768 3788865 309876 460027 101812 101812 1431854 1045985 328690 57179 1042580 831658 184753 26169 878918 841124 33326 4468 704109 576361 59412 68336 121810 107800 10850 3160 3696951 3537983 140483 18485 527439 419841 93885 13713 REPAIRS AND MAINTENANCE 1612942 1504914 95717 12311 STUDENT ACTIVITIES 885978 885978 PARENT ASSOCIATION EXPE 84376 35260 28534 20582 DUES AND SUBSCRIPTIONS 64120 26795 21684 15641 384005 312346 71659 51052821 43243495 6270448 1538878 4421941 9566867 21471163 26275227 6448254 13741805 61532 186701 78901 0 211904 176209 1194873 1675779 123183338 66888845 53318118 56294493 9364120 4855336 51954701 46719636 34379864 36614515 182905371 196106568 3092786 3278246 5194571 9886518 34379864 36586318 42667221 49751082 X 111474894 107185036 28763256 39170450 140238150 146355486 182905371 196106568 X 14466200 -8318994 -29870 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 187174 X X 1 63337820 873868 -4953774 1936000 57321914 49992802 2157458 12861730 1674170 63337820 44522304 3258633 3725865 162540 1351460 49992802 39822029 3566750 2528065 159850 1234690 44522304 35673471 605322 2594166 157066 -1106136 39822029 0.67910 0.32090 0.00000 1 0 252963 252963 7641147 6366365 1274782 94607678 48012061 46595617 13264637 12028680 1235957 7416913 481739 6935174 56294493 PRIVATE EQUITY 22947361 F PRIVATE CREDIT 4642623 F GLOBAL EQUITIES 18156979 F HEDGE FUND 972673 F 46719636 CONTRACTUAL AND TUITION FEES RECEIVABLE 36490426 DEFERRED COMPENSATION 124089 36614515 NONQUALIFIED DEFERRED COMP 95892 CONTRACTUAL UNEARNED TUITION AND FEES 36490426 36586318 X 52423579 -8318994 930 526338 -7791726 60215305 355123 4948593 5303716 65519021 46306243 930 526338 527268 45778975 355123 4918723 5273846 51052821 PART III, LINE 4: OVER A PERIOD OF TIME THE SCHOOL HAS RECEIVED CONTRIBUTIONS OF WORKS OF ART AND FURNISHINGS TO BE EXHIBITED IN VARIOUS LOCATIONS ON THE CAMPUS. THESE ITEMS HAVE BEEN CAPITALIZED AS COLLECTIONS. THE COLLECTIONS ARE RECORDED AT APPRAISED VALUE WHEN DONATED. THE SCHOOL UNDERTAKES TO CARE FOR, PROTECT, AND PRESERVE SUCH CONTRIBUTED WORKS OF ART AND FURNISHING. COLLECTION ITEMS ARE INSPECTED PERIODICALLY AND REPAIRED AS REQUIRED. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2022 AND 2021, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 156,816. FUNDRAISING EXPENSES 350,487. RENTAL EXPENSES 14,035. GAMING EXPENSES 5,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE 29,870. FINANCIAL AID 4,918,723. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 350,487. COST OF GOODS SOLD 156,816. RENTAL EXPENSES 14,035. GAMING EXPENSES 5,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,918,723. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 GREENHILL SCHOOL PRINTS A NON-DISCRIMINATORY STATEMENT PUBLISHED ON ITS WEBSITE AND ON ALL PUBLICATIONS PROVIDED TO FAMILIES/STUDENTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 12360000 0 0 0 0 0 0 12360000 0 12360000 0 0 1 0 0 1 1 0 PART I, LINE 3: GREENHILL USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES IN FOREIGN REGIONS. THIS REPORTING METHODOLOGY IS CONSISTENT WITH THE ORGANIZATION'S FINANCIAL STATEMENTS. PART III ACCOUNTING METHOD: GALA - UNDER THE BIG TOP 549325 349596 199729 191274 70230 13087 75896 549325 349596 199729 191274 70230 13087 75896 350487 -150758 17350 5000 1 1.00000 17350 5000 5000 12350 TX 0 THE ONLY GAMING ACTIVITES OF GREENHILL SCHOOL ARE RAFFLES GOVERNED BY THE TEXAS CHARITABLE ENABLING ACT. THE SCHOOL ADHERES TO THIS ACT. 0 1 0 1.00000 MATTHEW MARTINSON 4141 SPRING VALLEY RD ADDISON TX 75001 0 ANN CARTER 0 SUPERVISION OF RAFFLE TICKET SALES/PRIZE AWARDING. X 0 1 0 0 FINANCIAL AID 227 4918723 FMV TUITION PART I, LINE 2: FINANCIAL AID IS AWARDED BASED SOLELY UPON DEMONSTRATED FINANCIAL NEED. A FAMILY'S NEED IS ASSESSED ANNUALLY THROUGH A COMPREHENSIVE REVIEW PROCESS. THE ANNUAL PROCESS REQUIRES THAT THE FAMILY COMPLETE AN APPLICATION AND PROVIDE A FULL SET OF TAX RETURNS INCLUDING ALL SUPPORTING SCHEDULES, EACH YEAR THAT THEIR CHILD IS ATTENDING THE SCHOOL. TO DETERMINE THE APPROPRIATE FINANCIAL AID, THE SCHOOL UTILIZES A STANDARD METHODOLOGY PROVIDED BY SCHOOL AND STUDENT SERVICES (SSS) WHICH IS USED BY INDEPENDENT SCHOOLS NATIONWIDE. THIS METHODOLOGY CALCULATES A CONTRIBUTION FOR EACH INDIVIDUAL FAMILY BASED UPON THE FAMILY'S SPECIFIC FINANCIAL SITUATION AND DISCRETIONARY INCOME. PRIOR TO MAKING AN AWARD, EACH APPLICANT'S FILE AND PROPOSED AWARD IS CAREFULLY REVIEWED BY A COMMITTEE TO ENSURE THE DECISIONS ARE BASED ON CONSISTENT APPLICATION OF NEED BASED CRITERIA. AID IS AWARDED TO STUDENTS AS A REDUCTION IN THEIR TUITION. NO CASH IS DISTRIBUTED TO RECIPIENTS. X 1 1 X X X X 0 1 0 0 0 0 0 1 0 LEE HARK HEAD OF SCHOOL, EX-OFFICIO 423162 0 75000 0 344106 0 86298 0 61884 0 990450 0 142375 0 SCOTT GRIGGS FORMER HOS/CONSULTANT 372600 0 0 0 0 0 0 0 0 0 372600 0 0 0 KENDRA GRACE CFO/COO/ASSISTANT HEAD OF SCHOOL 276687 0 7500 0 22286 0 13889 0 23699 0 344061 0 0 0 MICHAEL SIMPSON HEAD OF LOWER SCHOOL 175323 0 1000 0 46047 0 10749 0 49600 0 282719 0 0 0 TREVOR WORCESTER HEAD OF UPPER SCHOOL 175309 0 2850 0 4197 0 14331 0 20157 0 216844 0 0 0 SUSAN T PALMER HEAD OF MIDDLE SCHOOL 180140 0 2500 0 0 0 13988 0 7336 0 203964 0 0 0 SUSAN HOLMES CHIEF ADVANCEMENT OFFICER 164620 0 0 0 16891 0 2488 0 6211 0 190210 0 0 0 PART I, LINE 4B THE ORGANIZATION'S HEAD OF SCHOOL LEE HARK PARTICIPATES IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN. DURING THE 2021 CALENDAR YEAR, THE SCHOOL CONTRIBUTED $71,798 TO THE PLAN AND $276,076 WAS VESTED AND REPORTED AS TAXABLE WAGES IN COLUMN B(III). PART I, LINE 7 THE DISCRETIONARY ANNUAL BONUS IS DETERMINED BY THE COMPENSATION COMMITTEE. NATHANIEL REID - GRIGGS FAMILY MEMBER OF FORMER OFFICER SCOTT GRIGGS 67190 COMPENSATION TO EMPLOYEE 0 X 19 33973 FMV X 21569 FMV X 21 2552350 FMV X MEALS & ENTERTAINMENT 211 158300 FMV X TRAVEL/TRIPS 10 47924 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1A PER ARTICLE V, SECTION 51 OF THE ORGANIZATION'S BYLAWS, THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF UP TO FOURTEEN TRUSTEES, INCLUDING THE CHAIR, THE CHAIR-ELECT, THE SECRETARY/ASSISTANT CHAIR, THE TREASURER, THE CHAIRPERSONS OF ALL COMMITTEES, AND AT-LARGE MEMBERS NOMINATED BY THE CHAIR AT HIS OR HER DISCRETION. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL POWER AND AUTHORITY VESTED IN THE BOARD IN THE MANAGEMENT OF THE BUSINESS, PROPERTY, AND AFFAIRS OF THE ORGANIZATION (INCLUDING, WITHOUT LIMITATION, THE ADOPTION OF ADVISORY POLICIES WITH RESPECT TO THE MANAGEMENT AND OPERATIONS OF THE ORGANIZATION), EXCEPT IN RESPECT OF REMOVAL OR ELECTION OF TRUSTEES AND OFFICERS OF THE CORPORATION AND AMENDMENT OF THE BYLAWS, AND ALL SHALL HAVE SUCH OTHER POWER AND AUTHORITY AS SHALL BE EXPRESSLY DELEGATED TO IT BY THE BOARD BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES, THEN IN OFFICE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND PRESENTED TO THE AUDIT COMMITTEE BY OUR OUTSIDE CPA FIRM, THE AUDIT COMMITTEE CHAIR THEN PRESENTS IT TO THE BOARD OF TRUSTEES FOR FINAL APPROVAL. A COPY IS PROVIDED TO ALL VOTING BOARD MEMBERS USING A SECURE WEB PORTAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS DISTRIBUTED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS, AS WELL AS ALL EMPLOYEES WITH PURCHASING RESPONSIBILITY. THE POLICY IS INCLUDED IN THE BOARD OF TRUSTEES MANUAL AND THE EMPLOYEE POLICIES AND PROCEDURES MANUAL. THE POLICY REQUIRES THE DISCLOSURE OF ANY COMPENSATION RECEIVED FROM THE ORGANIZATION AND ANY RELATIONSHIPS WITH RELATED PARTIES (REPORTED IN FORM 990, PART VI AND SCHEDULE 0). AT EACH COMMITTEE AND BOARD MEETING, MEMBERS ARE EXPECTED TO COMPLY WITH THE POLICY. ANY BOARD MEMBERS WITH A POTENTIAL CONFLICT OF INTEREST ARE EXPECTED TO RECUSE THEMSELVES FROM ANY RELEVANT ISSUE AND THE RECUSAL IS REFLECTED IN THE MINUTES OF THAT MEETING. IF THAT MATTER INVOLVES AN ADMINISTRATOR, FACULTY MEMBER OR OTHER EMPLOYEE, HE OR SHE SHOULD ADVISE THE HEAD OF SCHOOL. IF THE MATTER INVOLVES THE CHAIR OF THE BOARD, HE OR SHE SHOULD ADVISE THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE, THE CHAIR OF THE BOARD, THE HEAD OF SCHOOL, OR THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE. AS THE CASE MAY BE, SHOULD THEN CONSULT WITH SUCH PERSONS, PROVIDE SUCH GUIDANCE AND TAKE SUCH ACTION AS HE, SHE, OR IT CONSIDERS APPROPRIATE TO ADDRESS THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF THE SCHOOL'S COMPENSATION IS OUTLINED IN HIS CONTRACT WHEN THE CONTRACT IS UP FOR RENEWAL, THE COMPENSATION COMMITTEE BENCHMARKS THE COMPENSATION AGAINST OTHER SCHOOLS AND OUTLINES EACH YEAR'S COMPENSATION IN THE CONTRACT. THE CFO/COO'S COMPENSATION IS BASED UPON EXPERIENCE. THE CFO/COO RECEIVES THE MERIT INCREASE FOR ADMINISTRATORS AS ESTABLISHED ANNUALLY BY THE BOARD. BOTH THE HEAD OF SCHOOL AND CFO/COO'S COMPENSATIONS ARE ADDITIONALLY REVIEWED EACH YEAR BY THE AUDIT AND RISK MANAGEMENT COMMITTEE IN COMPLIANCE WITH INTERMEDIATE SANCTION REGULATIONS AND ALL DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE -29,870.