2023-02-17T10:59:04-06:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-07-01 112611384 THE BERKELEY CARROLL SCHOOL BERK 7185346579 152 STERLING PLACE BROOKLYN NY 11217 LISA YVETTE WALLER PHD HEAD OF SCHOOL 7185346579 2023-02-17 1 LISA YVETTE WALLER PHD XXX-XX-XXXX EVA MRUK P00543254 9143818900 2023-02-17 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z LISA YVETTE WALLER PHD 152 STERLING PLACE BROOKLYN NY 11217 60315706 0 X WWW.BERKELEYCARROLL.ORG X 1982 NY TO PROVIDE PRIMARY AND SECONDARY EDUCATION THROUGH A DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12, WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. 22 22 465 25 0 0 2052232 6958606 48908615 52667650 354368 467408 -37640 196672 51277575 60290336 8820917 8793637 0 0 28439984 29968004 0 0 1724613 11725861 13547333 48986762 52308974 2290813 7981362 91518081 91124633 45105747 40442300 46412334 50682333 X A PASSION FOR LEARNING IS AT THE HEART OF BERKELEY CARROLL. THE SCHOOL IS AN INTELLECTUAL, CREATIVE AND EQUITABLE COMMUNITY WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. OUR DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE PREPARE OUR DIVERSE GRADUATES FOR SUCCESS IN COLLEGE AND FOR THE GREATER ENDEAVOR A LIFE OF CRITICAL, ETHICAL AND GLOBAL THINKING. 0 0 45774260 8793637 51241398 THE BERKELEY CARROLL SCHOOL PROVIDES PRIMARY AND SECONDARY EDUCATION TO ITS STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE. THE SCHOOL HAD 992 STUDENTS IN THE FY 2021/2022. 836643 0 476180 THE SCHOOL OPERATES AN ATHLETIC CENTER THAT OFFERS AFTERSCHOOL AND WEEKEND GYM AND SWIMMING CLASSES TO ITS STUDENTS AND THE COMMUNITY. 568287 0 950072 THE SCHOOL OFFERS TWO SUMMER PROGRAMS THAT RUN FROM JULY THROUGH AUGUST OF EACH YEAR. ENROLLMENT FOR BOTH PROGRAMS TOTALED 843 CHILDREN IN THE FY 2021/2022 YEAR. 47179190 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 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 1 131 0 465 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KAREN BENSON 7185346579 152 STERLING PLACE BROOKLYN NY 11217 CHARLES RUBLE IV CHAIR 20.00 X X 0 0 0 JULIE KAY CO-VICE CHAIR 10.00 X X 0 0 0 JAMES SHIPP CO-VICE CHAIR 10.00 X X 0 0 0 JAMES MORGANO SECRETARY 10.00 X X 0 0 0 PRASHANT MUPPARAPU TREASURER 10.00 X X 0 0 0 DENISE GAMBLE TRUSTEE 3.00 X 0 0 0 KATYA JESTIN TRUSTEE 3.00 X 0 0 0 VIRGINIA FREIRE TRUSTEE 3.00 X 0 0 0 ERIC EVE TRUSTEE 3.00 X 0 0 0 LIISA FIEDELHOLTZ TRUSTEE 3.00 X 0 0 0 SUSAN MARCINEK TRUSTEE 3.00 X 0 0 0 ROBERT DUNPHY TRUSTEE 3.00 X 0 0 0 JULIE KWON TRUSTEE 3.00 X 0 0 0 TINA NOVOGRATZ TRUSTEE, THRU APRIL 2022 3.00 X 0 0 0 COLBY SYNESAEL TRUSTEE 3.00 X 0 0 0 ALEXA ROBINSON TRUSTEE 3.00 X 0 0 0 AARON NAPARSTEK TRUSTEE 3.00 X 0 0 0 LILIAN CHEGE TRUSTEE 3.00 X 0 0 0 BILL CALEO TRUSTEE 3.00 X 0 0 0 ANDREW FABENS TRUSTEE 3.00 X 0 0 0 MORAD MASJEDI TRUSTEE 3.00 X 0 0 0 STACIE BILLIS TRUSTEE 3.00 X 0 0 0 DENNIS MASEL TRUSTEE 3.00 X 0 0 0 LISA WALLER HEAD OF SCHOOL 60.00 X 612258 0 183550 ARUNIE DIAS CFO, THRU SEPT. 2021 60.00 X 268975 0 31956 KAREN BENSON CFO AS OF SEPT 2021 60.00 X 105660 0 16229 JANE MOORE DIRECTOR OF UPPER SCHOOL 50.00 X 235522 0 33603 BRANDIE MELENDEZ-PINTI ASSISTANT HEAD OF SCHOOL 40.00 X 189423 0 40037 LINDA ADAMS DIR. OF STRATEGIC COMMUNICATIONS 40.00 X 194126 0 24032 YABOME KABIA CASPER MIDDLE SCHOOL DIRECTOR 50.00 X 184752 0 28196 ANNE GUNNING CHAIR OF PHYSICAL EDUCATION 40.00 X 162937 0 20550 VANESSA PRESCOTT DIRECTOR OF ADMISSIONS 40.00 X 152695 0 28358 CAROLYN MIDDLETON DIR. OF COLLEGE COUNSELLING 40.00 X 186659 0 23084 PAMELA CUNNINGHAM DIRECTOR OF DEVELOPMENT 40.00 X 161632 0 28232 JOHN MACAPAGAL CONTROLLER 40.00 X 143162 0 10021 2597801 0 467848 88 0 1 0 ARJ TRANSPORTATION 431 N COURTLAND STREET EAST STROUDSBURG PA 18301 BUS SERVICE 1414470 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES 533491 ARCHSTONE BULDERS 242 WEST 30TH STREET NEW YORK NY 11217 CONSTRUCTION CONTRACTOR 298068 UNIFIED AIR INDUSTRIES CORP 1250 SOUTH AVENUE PLAINFIELD NJ 07062 CONSTRUCTION CONTRACTOR 197314 LASI SECURITY COMPANY INC 822 UTICA AVENUE STE 2F BROOKLYN NY 11203 SECURITY SERVICES 195999 5 5440699 1517907 117283 6958606 STUDENT TUITION AND FEES 611110 50576126 50576126 AUXILIARY SERVICES 611110 1785186 1785186 FEES/FINANCE CHARGES 611110 306338 306338 52667650 467408 467408 126085 25370 100715 100715 100715 MISCELLANEOUS INCOME 900099 75291 75291 TAX REFUND 900099 20666 20666 95957 60290336 52667650 0 664080 8793637 8793637 2143721 1758841 245539 139341 22754034 20802447 1045431 906156 1184462 1080058 56386 48018 2166555 1964251 111299 91005 1719232 1558368 88774 72090 259203 189394 69809 69100 6910 58735 3455 429188 178081 228610 22497 311 311 517761 429228 39416 49117 989141 844516 103080 41545 883016 759850 98533 24633 1918310 1916964 269 1077 753304 564978 150661 37665 2916773 2190374 579967 146432 526784 395088 105357 26339 INSTITUTIONAL EXPENSES 2646975 2646975 REPAIR AND MAINTENANCE 894793 670029 186261 38503 SCHOOLWIDE EVENTS 244121 23973 149139 71009 COVID TESTING EXPENSE 243408 243408 255145 161509 87905 5731 52308974 47179190 3405171 1724613 3394482 3768328 13162764 15200992 339299 57200 132986 251998 595966 553476 83423061 32742900 52106619 50680161 21767742 20546351 18223 66127 91518081 91124633 3224445 3428313 8653488 9228288 26080241 25859443 1945885 1909021 5201688 17235 45105747 40442300 X 37370412 43399718 9041922 7282615 46412334 50682333 91518081 91124633 X 7981362 -3449619 -261744 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16040610 1631883 -2541727 469183 14661583 12355503 322302 3575961 213156 16040610 11137780 813562 605960 201799 12355503 9990447 623639 711356 187662 11137780 9056435 328262 774405 168655 9990447 0.52760 0.31150 0.16090 0 0 2826000 2826000 73145665 28897067 44248598 6279582 3845833 2433749 1171814 1171814 50680161 DEFERRED COMPENSATION 17235 17235 X 48024141 -3449619 25370 -3424249 51448390 8841946 8841946 60290336 43754142 238805 238805 43515337 8793637 8793637 52308974 PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS USED TO PROVIDE NEED-BASED FINANCIAL AID FOR STUDENTS, PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF, AND TO SUPPORT OTHER INSTRUCTIONAL PROGRAMS. PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 25,370. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID NETTED AGAINST REVENUE 8,793,637. LOSS ON DISPOSAL OF ASSETS 48,309. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 25,370. WRITE OFF UNCOLLECTIBLE PLEDGES 213,435. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID NETTED AGAINST REVENUE 8,793,637. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS NONDISCRIMINATION POLICY IN ALL ARENAS THAT THE SCHOOL ADVERTISES DURING ITS ADMISSIONS SEASON. THE SCHOOL ALSO ANNUALLY PUBLISHES ITS NONDISCRIMINATION POLICY IN THE EMPLOYEE HANDBOOK AND STUDENT PARENT HANDBOOK AS WELL AS POSTS THE POLICY ON THE LANDING PAGE OF ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES AN ANNUAL GRANT FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION BASED ON THE ATTENDANCE OF THE SCHOOL BODY. (MANDATED AID). ADDITIONALLY, THE SCHOOL RECEIVED FUNDING FROM U.S. SMALL BUSINESS ADMINISTRATION. 1 SCHOLARSHIPS AND FINANCIAL AID 238 8793637 PART I, LINE 2: STUDENT AID IS AWARDED ON AN ANNUAL BASIS BASED ON THE NEED OF THE FAMILY. THE FOLLOWING PROCEDURES ARE FOLLOWED WHEN GRANTING AID: PARENTS START THE APPLICATION PROCESS BY SUBMITTING AN APPLICATION TO TADS (TUITION AID DATA SERVICES) WHICH PROVIDES AN INDEPENDENT OPINION OF AN APPROPRIATE NEED BASED AWARD AMOUNT TO THE SCHOOL. THE SCHOOL'S FINANCIAL AID COMMITTEE THEN REVIEWS THE APPLICATION AND OTHER RELEVANT DOCUMENTATION, ALONG WITH THE RECOMMENDATION BY TADS AND DETERMINES THE FINANCIAL AID AMOUNT TO BE AWARDED TO EACH STUDENT. ONCE AID IS GRANTED, THE AID IS APPLIED TO THE STUDENT'S ENROLLMENT CONTRACT AND ANY OTHER AUXILIARY SERVICES, REDUCING THE TOTAL AMOUNT OF TUITION AND/OR AUXILIARY SERVICES TO BE PAID BY THE FAMILY TO THE SCHOOL. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 LISA WALLER HEAD OF SCHOOL 527758 0 0 0 84500 0 27401 0 156149 0 795808 0 0 0 ARUNIE DIAS CFO, THRU SEPT. 2021 268975 0 0 0 0 0 21600 0 10356 0 300931 0 0 0 JANE MOORE DIRECTOR OF UPPER SCHOOL 235522 0 0 0 0 0 13957 0 19646 0 269125 0 0 0 BRANDIE MELENDEZ-PINTI ASSISTANT HEAD OF SCHOOL 189423 0 0 0 0 0 11894 0 28143 0 229460 0 0 0 LINDA ADAMS DIR. OF STRATEGIC COMMUNICATIONS 194126 0 0 0 0 0 11871 0 12161 0 218158 0 0 0 YABOME KABIA CASPER MIDDLE SCHOOL DIRECTOR 184752 0 0 0 0 0 15000 0 13196 0 212948 0 0 0 CAROLYN MIDDLETON DIR. OF COLLEGE COUNSELLING 186659 0 0 0 0 0 11425 0 11659 0 209743 0 0 0 PAMELA CUNNINGHAM DIRECTOR OF DEVELOPMENT 161632 0 0 0 0 0 16573 0 11659 0 189864 0 0 0 ANNE GUNNING CHAIR OF PHYSICAL EDUCATION 162937 0 0 0 0 0 10727 0 9823 0 183487 0 0 0 VANESSA PRESCOTT DIRECTOR OF ADMISSIONS 152695 0 0 0 0 0 15504 0 12854 0 181053 0 0 0 JOHN MACAPAGAL CONTROLLER 143162 0 0 0 0 0 8484 0 1537 0 153183 0 0 0 PART I, LINE 1A AS A CONDITION OF HER EMPLOYMENT, LISA WALLER, THE HEAD OF SCHOOL, MUST MAINTAIN A RESIDENCE WITHIN WALKING DISTANCE OF THE SCHOOL. THE SCHOOL PROVIDED HER WITH A HOUSING ALLOWANCE IN THE AMOUNT OF $120,000 WHICH WAS TREATED AS A NON-TAXABLE BENEFIT. IN ADDITION, LISA WALLER RECEIVED A GROSS-UP PAYMENT OF $10,000 IN HER 2021 W-2. PART I, LINE 4B LISA WALLER, HEAD OF SCHOOL, PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER IRC 457(F). THE SCHOOL CONTRIBUTED $10,000 TO HER DURING CALENDAR YEAR 2021. A BUILD NYC RESOURCE CORPORATION 454040561 000000000 2021-06-03 37429000 REFUND PRIOR BOND ISSUES (2014) AND ALSO CONSTRUCT SCHOOL FACILITIES 0 0 0 A 664310 37429000 515000 568782 25816831 10528387 1 0 0 0 A 0 1 1 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 11 117284 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND HEAD OF SCHOOL FOR ACCURACY AND COMPLETENESS. THEN, A COPY OF THE FORM 990 IS POSTED TO DILIGENT (BOARD DOCUMENT SOFTWARE) FOR REVIEW BY THE FINANCE COMMITTEE WHO APPROVES THE FORM 990 AT THE FINANCE COMMITTEE MEETING. THE APPROVED FORM 990 IS THEN POSTED TO DILIGENT TO BE REVIEWED BY ALL BOARD MEMBERS WHO APPROVE THE FORM 990 AT THE BOARD MEETING BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES, OFFICERS AND TRUSTEES OF THE SCHOOL. THE CFO ROUTINELY REVIEWS ALL VENDOR CONTRACTS FOR ALL MATERIAL ITEMS, INCLUDING POTENTIAL CONFLICTS OF INTEREST. THE POLICY IS DETAILED IN THE EMPLOYEE HANDBOOK, AND ALL EMPLOYEES ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT ANNUALLY OF ALL POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICY. IN ADDITION, ALL TRUSTEES SUBMIT WRITTEN STATEMENTS ANNUALLY, ATTESTING THAT THEY ARE IN COMPLIANCE WITH THE POLICY. WITH THE EXCEPTION OF THE HEAD OF SCHOOL, ANY POTENTIAL CONFLICT INVOLVING AN EMPLOYEE WOULD BE BROUGHT TO THE HEAD OF SCHOOL. IF THE POTENTIAL CONFLICT INVOLVES THE HEAD OF SCHOOL OR A TRUSTEE, THE MATTER WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD OF TRUSTEES. A PERSON WITH A CONFLICT OF INTEREST MAY MAKE A PRESENTATION AT A BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. IN ADDITION, ONLY PERSONS WHO ARE INDEPENDENT TRUSTEES AS DEFINED IN THE BYLAWS MAY VOTE ON THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL: WHENEVER AN EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS PREPARED, AN AD HOC COMMITTEE OF THE BOARD OF TRUSTEES IS FORMED. IN ADDITION, AN INDEPENDENT CONSULTANT IS HIRED TO PROVIDE INDEPENDENT RESEARCH AND COMPARABILITY DATA. THE SCHOOL'S LEGAL COUNSEL IS INVOLVED IN PROVIDING THE EXACT LANGUAGE FOR THE CONTRACT, INCLUDING AMOUNTS AND METHODS OF COMPENSATION. APPROVAL FOR THIS PROCESS IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. ALL OTHER EMPLOYEES: ALL OTHER EMPLOYMENT CONTRACTS ARE DETERMINED BY THE HEAD OF SCHOOL, ASSISTANT HEAD OF SCHOOL & CFO WHO REFER TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, MARKET COMPARABILITY DATA, YEARS OF EXPERIENCE, EDUCATION AND OTHER QUALIFICATIONS WHEN DECIDING ON ALL COMPENSATION AND BENEFITS. APPROVAL OF THIS POLICY IS DOCUMENTED IN THE FINANCE COMMITTEE AND BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT 152 STERLING PLACE, BROOKLYN, NY 11217 OR BY CALLING THE ORGANIZATION DIRECTLY AT 718-534-6579. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF ASSET -48,309. WRITE OFF UNCOLLECTIBLE PLEDGES -213,435. FORM 990, PART XII, LINE 2C: THE SCHOOL 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.