2023-05-15T09:42:14-05:00 2022-06-30 873231666 PKF O'Connor Davies Advisory LLC 500 Mamaroneck Avenue Suite 301 Harrison NY 105281633 990 2021-07-01 131740435 The Rippowam Cisqua School Inc RIPP 9142441261 439 Cantitoe Street Bedford NY 10506 Abby Gerry Chair 9142441261 2023-05-15 1 Abby Gerry XXX-XX-XXXX Eva Mruk P00543254 9143818900 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Abby Gerry 439 Cantitoe Street Bedford NY 10506 26636924 0 X www.rcsny.org X 1919 NY Private preparatory school for grades pre-kindergarten through grade 9. X 21 19 151 100 31488 4156 2204359 4795671 13749025 15682246 224763 3731786 72204 455311 16250351 24665014 4345375 4431726 0 0 9873124 10086879 0 0 1491093 5408636 6538722 19627135 21057327 -3376784 3607687 48012315 48907483 29344948 26788151 18667367 22119332 X Rippowam Cisqua School creates independent thinkers, confident communicators, and engaged leaders who respect and contribute meaningfully to a diverse and increasingly complex global society. 0 0 17319955 4431726 15682246 Private preparatory school of approximately 384 students for grades pre-kindergarten through grade nine.Rippowam Cisqua School believes that learning is a shared experience, the responsibility of both students and teachers. We urge active student involvement and seek to provide a rich curriculum in academics, arts, and athletics for children of different abilities and learning styles. Our approach to learning incorporates experimentation, simulation, and collective and individual problem solving, as well as traditional lecture, discussion, and skill development techniques - all toward the goal of attaining excellence. [See continuation on Schedule O]Students are challenged to demonstrate their competence in a variety of subjects, with emphasis placed on the written word, throughout their school career. The process by which children arrive at a final product is an important part of their education. 17319955 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 1 24 0 151 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X David Brown 9142441261 439 Cantitoe Street Bedford NY 10506 Peter B Fruend Chair 2.00 X X 0 0 0 Whitney Brown Co-Vice Chair 2.00 X X 0 0 0 Abby Gerry Co-Vice Chair 2.00 X X 0 0 0 Charlene Ryan Treasurer 1.00 X X 0 0 0 Ben Harris Secretary 2.00 X X 0 0 0 Sonja Bartlett Trustee 1.00 X 0 0 0 Christina Bresani Trustee 1.00 X 0 0 0 Jonathan Childs Trustee 1.00 X 0 0 0 Kelly Coles Trustee 1.00 X 0 0 0 Nancy Dwyer Eaves Trustee 1.00 X 0 0 0 James Fayed Trustee 1.00 X 0 0 0 David Gordon Trustee 1.00 X 0 0 0 Harry Grand Trustee 1.00 X 0 0 0 Amy Harsch Trustee 1.00 X 0 0 0 Richard Mugler Trustee 1.00 X 0 0 0 Bryce O'Brien Trustee 1.00 X 0 0 0 Christopher H Pachios Trustee 1.00 X 0 0 0 Will Reeve Trustee 1.00 X 0 0 0 Sara Slocum Trustee 1.00 X 0 0 0 Daniel van Starrenburg Trustee 1.00 X 0 0 0 Page Vincent Trustee 1.00 X 0 0 0 Colm MacMahon Head of School 40.00 X 362939 0 136145 David Brown Director of Finance 40.00 X 205145 0 79742 Erin Callaghan Assistant Head of School 40.00 X 167638 0 48093 Frank Lutz Buildings and Grounds Manager 40.00 X 135273 0 56104 Daphne Viders Director of Development 40.00 X 131086 0 28873 Ridley Sperling Dir. of Secondary Placement 40.00 X 130375 0 22865 Miles Cameron Director of Innovation, Art Teacher 40.00 X 128179 0 85549 Matthew Hall Director of Student Programs 40.00 X 125449 0 127918 1386084 0 585289 14 0 1 0 Sage Dining Services Inc 1402 York Road Suite 100 Lutherville MD 21093 Food Service 501639 JCM Analytics 404 Hunt Street Durham NC 27701 COVID Testing 303287 AP Construction Company 707 Summer Street Stamford CT 06901 Construction 279340 PKF O'Connor Davies LLP 500 Mamaroneck Avenue Harrison NY 10528 Accounting Services 115945 4 1442891 1956200 1396580 809621 4795671 Student Tuition & Fees 611600 15291527 15291527 After School Programs 611600 303359 303359 Summer Camp Programs 611600 87360 87360 15682246 305504 31488 274016 96124 0 96124 96124 96124 5050000 1623718 3426282 3426282 3426282 575843 1442891 322267 253576 253576 29749 25925 3824 3824 Rebates 900099 50000 50000 Transport Fees 900099 42875 42875 Miscellaneous 900099 8912 8912 101787 24665014 15682246 31488 4155609 4431726 4431726 825845 677815 78629 69401 79896 65968 7286 6642 7267212 6000392 662688 604132 305440 243964 34574 26902 971597 776425 109667 85505 636889 508953 71887 56049 248265 248265 99825 99825 2086 2086 54352 41097 7329 5926 24446 24446 184078 32978 80930 70170 266937 213315 30130 23492 923387 737899 104226 81262 10674 7203 3471 37531 31538 5993 48314 38609 5453 4252 1405357 1123052 158627 123678 307457 246626 34181 26650 Instructional Expense 805227 805227 Dining Hall 783374 705250 78124 Repairs & Maintenance 698901 556517 81105 61279 Bad Debt Expense 266494 266494 372017 75401 153433 143183 21057327 17319955 2246279 1491093 512287 142624 256053 3287644 1369788 914459 1068574 414351 1928 3500000 22095 10332 55063319 18561134 39492009 36502185 4733033 3749992 556548 385896 48012315 48907483 1193583 1119713 1454584 1564706 21868067 21296573 14456 2000 4814258 2805159 29344948 26788151 X 14122969 17207818 4544398 4911514 18667367 22119332 48012315 48907483 X 3607687 -208542 52819 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 5550759 500 56622 0 0 0 5607881 7296071 100 156456 0 1901868 0 5550759 9219661 1000 148116 0 2072706 0 7296071 11727837 2250 -10119 0 2500307 0 9219661 18020812 2050 906989 0 7202014 0 11727837 0.47980 0.17850 0.34170 0 0 2926847 2926847 47942373 15232363 32710010 3751381 2986706 764675 442718 342065 100653 36502185 Post-retirement Benefits 891112 Paycheck Protection Program Loan 1914047 2805159 X 20050671 -208542 25925 -182617 20233288 4431726 4431726 24665014 16598706 26005 26005 16572701 4484625 4484625 21057326 Part III, Line 1a: The School collects historical materials that were acquired through contributions and are not recognized as assets in the Statements of Financial Position. Contributed collection items are not reflected in the financial statements. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as decreases in temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The School's collections are maintained for public exhibition and education in furtherance of the School's mission rather than for financial gain. Collections are valuable assets of the School and are protected, kept unencumbered, cared for, and preserved. As a matter of policy, the proceeds of items in collections that are sold are used to acquire other items for collections. Part V, Line 4: The intended uses of the endowment funds are to support financial aid, faculty salaries, and general operating expenses. 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: Cost of Goods Sold reported on Part VIII, Line 10b 25,925. Part XI, Line 4b - Other Adjustments: Scholarships and Financial Aid reported on Part IX, Line 2 4,431,726. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold reported on Part VIII, Line 10b 25,925. Loss on Disposal of Assets 80. Part XII, Line 4b - Other Adjustments: Scholarships and Financial Aid reported on Part IX, Line 2 4,431,726. Actuarial Post Retirement Benefit Adjustment reported on Part XI, Line 9 52,899. 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Publishes a statement of racially non-discriminatory policy in the New York Times. Schedule E, Part I, Line 4 There is an optional check box on our student application to track ethnicity. This question is not required to apply to the School, and we don't maintain a complete or accurate record of racial composition of the student body. Information collected is used for reporting purposes to the NYS Dept. of Education. We do not track or record ethnicity for faculty or staff. Schedule E, Part I, Line 6 The School received COVID relief funds from the U.S. Small Business Administration in the form of forgiveness of their Paycheck Protection Program loan. Central America and the Caribbean 0 0 Investments 271834 0 0 0 0 0 0 271834 0 271834 1 0 1 0 0 0 Part III Accounting Method: Part IV, Line 1: The organization is not required to file Form 926 because it does not meet the applicable filing threshold requirement. Part IV, Line 3: The organization is not required to file Form 5471 because it does not meet the applicable threshold ownership or other filing requirements. Benefit Auction 2018734 1442891 575843 104096 6980 62579 148612 2018734 1442891 575843 104096 6980 62579 148612 322267 253576 1 Need-based financial aid 197 4431726 Part I, Line 2: Financial Assistance is available for students from Kindergarten through Grade Nine, and is given on the basis of need and the availability of funds. Our tuition assistance grants, given to more than 20% of our students, vary in amount, and reflect the socio-economic diversity that is represented in the communities that surround our School. Grants are made to students who qualify for aid strictly on the basis of the family's demonstrated financial need. There are no awards made on the basis of the student's academic, athletic, or other abilities. The award is a direct reduction of tuition, no cash is given to recipients. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 Colm MacMahon Head of School 362538 0 0 0 401 0 16967 0 119178 0 499084 0 0 0 David Brown Director of Finance 183947 0 0 0 21198 0 30458 0 49284 0 284887 0 0 0 Matthew Hall Director of Student Programs 125366 0 0 0 83 0 6248 0 121670 0 253367 0 0 0 Erin Callaghan Assistant Head of School 167500 0 0 0 138 0 12093 0 36000 0 215731 0 0 0 Miles Cameron Director of Innovation, Art Teacher 128092 0 0 0 87 0 6392 0 79157 0 213728 0 0 0 Frank Lutz Buildings and Grounds Manager 135059 0 0 0 214 0 6259 0 49845 0 191377 0 0 0 Daphne Viders Director of Development 131000 0 0 0 86 0 6573 0 22300 0 159959 0 0 0 Ridley Sperling Dir. of Secondary Placement 130291 0 0 0 84 0 9985 0 12880 0 153240 0 0 0 Part I, Line 1a The Rippowam Cisqua School, Inc. provided residence for personal use, valued at $36,000, to the following officers and employees as a non-taxable benefit: Colm MacMahon, Head of School Erin Callaghan, Assistant Head of School Frank Lutz, Director of Operations Matthew Hall, Director of Student Programs Schedule J, Part II, Column D: Colm MacMahon, Matthew Hall, Miles Cameron, and Daphne Viders received tuition remission from the organization for their children that attend Rippowam Cisqua School, which is also being reported in Column D. In 2021, Colm MacMahon received $43,300, Matthew Hall received $53,050, Miles Cameron received $43,300, and Daphne Viders received $22,300 in family tuition remission. A Westchester County Local Development Corporation 455135576 000000000 2016-06-28 25000000 New Project for Reconstruction and Renovations; Refunding Series 1999 Bonds 0 0 0 A 3512002 25017331 234398 18621556 6144046 2017 1 0 1 1 A 0 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 Schedule K, Part II, Line 3: The total proceeds do not agree to the issue price in Part I, Col. (e) due to investment earnings. Schedule K, Part II, Line 11: The bond proceeds were used to currently refund a prior issue. 64900 Need Based Financial Aid Caroline Mockbridge Sister of Page Vincent, Trustee 79895 Employment 0 X 5 233778 Avg. Selling Price X Auction Items 427 575843 Cost 0 0 0 0 Part I, Column (b): The organization is reporting the number of contributors. Land (Lower Campus) 2022-02-24 5000000 Book Value 133831626 Trinity Presbyterian Church 526 Anderson Hill Road Purchase NY 10577 501(c)(3) 0 0 0 0 Form 990, Part VI, Section B, line 11b The School 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, the Finance Committee reviews and approves the full Form 990. A public disclosure copy of the form is then electronically sent to the board. After the return is sent to the board, it is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Each Director, Officer, and Key Employee shall annually sign and submit to the Secretary of the School a statement which affirms such person: (a) has received a copy of the Conflict of Interest Policy, (b) has read and understands the Policy, and (c) has agreed to comply with the Policy. Prior to a Director's initial election to the Board, or an Officer or Key Employee's employment at the School, and thereafter on an annual basis, all Directors, Officers, and Key Employees shall disclose in writing to the Secretary of the School: (i) Any entity of which such person or a Relative of such person is an officer, director, trustee, member, owner, or employee and with which the School has a relationship, (ii) Any Financial Interest such person may have in any School, organization, partnership or other entity which provides professional or other goods or services to School for a fee or other compensation, and (iii) Any position or other material relationship such Director, Officer, Key Employee, or Relative of such person, may have with any not-for-profit School with which the School has a business relationship. A copy of each disclosure statement shall be kept in School's files and made available to any Director, Officer, or Key Employee upon request. Any Related Party shall disclose in good faith all material facts of his or her Financial Interest to the Chair of the Board and the appropriate Committee. All transactions, agreements or any other arrangements between the School and a Related Party, and any other transactions which may involve a potential conflict of interest, shall be reviewed by the Independent Directors of the Board. All Related Parties with a Financial Interest shall leave the room in which such deliberations are conducted. However, Related Parties are not prohibited from providing information regarding the transaction to the Board prior to the Board's deliberations. No Director or Officer shall vote, act, or attempt to influence improperly the deliberations on any matter in which he or she has been determined by the Board to have a Financial Interest. Any attempt to vote, act, or improperly influence deliberations by a Related Party on any matter with which such person has a Financial Interest may be grounds for disciplinary action, including possible removal from the Board or termination from the School. The Independent Directors of the Board will determine whether the contemplated Related Party Transaction is fair, reasonable, and in the best interests of the School at the time of such determination. The School will not enter into any Related Party Transaction unless it is determined to be fair, reasonable and in the best interest of the School at the time of such determination. Form 990, Part VI, Section B, line 15 The Compensation Committee is provided comparable data derived from the NAIS DASL program using similar local schools in the area for the compensation determination and review of Senior Administration. Deliberations and decisions regarding the compensation review process and approval are documented in the board minutes. The compensation review process was last undertaken in fiscal year 2021. Form 990, Part VI, Section C, line 19 The School's 990 is posted on guidestar.org. In addition, the governing documents, conflict of interest policy, financial statements, and Form 990 are available upon request. Form 990, Part XI, line 9: Actuarial Post Retirement Benefit Adjustment 52,899. Loss on Disposal of Assets -80. Form 990, Part XII, Line 2c: The School has an audit committee that assumes the responsibility for overseeing the audit and selecting the independent auditor. This process has not changed from previous years.