2025-05-05T10:44:02-05:00 2024-06-30 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2023-07-01 231352677 SHIPLEY SCHOOL SHIP 6105254300 814 YARROW STREET BRYN MAWR PA 19010 PATRICK DALY CONTROLLER 6105254300 2025-05-05 1 0 HARRISON PEREIRA P00746867 2159798800 2025-04-26 2023 2025-03-06 01:10:19Z PATRICK DALY 814 YARROW STREET BRYN MAWR PA 19010 57548077 0 X WWW.SHIPLEYSCHOOL.ORG X 1894 PA THE SHIPLEY SCHOOL IS A PRE-KINDERGARTEN THROUGH 12 COEDUCATIONAL DAY SCHOOL. 34 33 334 200 33956 465 3435945 4713028 32297552 32844149 2361365 2283541 232308 275858 38327170 40116576 8151930 8060397 0 0 18645877 21986046 0 0 1913005 12403843 13321532 39201650 43367975 -874480 -3251399 101362360 103267663 24571798 25350588 76790562 77917075 THE SHIPLEY SCHOOL, A PRE-KINDERGARTEN THROUGH 12 COEDUCATIONAL DAY SCHOOL, IS COMMITTED TO EDUCATIONAL EXCELLENCE AND DEDICATED TO DEVELOPING IN EACH STUDENT A LOVE OF LEARNING AND A COMPASSIONATE PARTICIPATION IN THE WORLD. 0 0 36472576 8060397 32954582 THE SHIPLEY SCHOOL PROVIDES A PRIVATE SCHOOL EDUCATION TO STUDENTS RANGING FROM PREKINDERGARTEN TO GRADE 12. THERE WERE 765 STUDENTS ENROLLED AT THE SCHOOL DURING THE 2023-2024 ACADEMIC YEAR. THE SCHOOL IS ACCREDITED BY THE PENNSYLVANIA ASSOCIATION OF INDEPENDENT SCHOOLS AND THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. SHIPLEY PREPARES STUDENTS TO BE THEIR BEST SELVES AND MAKE A POSITIVE IMPACT IN THE WORLD BY PROVIDING A BALANCED EDUCATION THAT CENTERS STUDENT ACHIEVEMENT, INDIVIDUAL WELL-BEING, AND A THRIVING COMMUNITY. 36472576 1 1 0 0 0 0 0 0 0 1 1 0 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 0 0 1 0 1 0 0 0 0 0 0 0 0 1 53 0 334 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X PATRICK DALY 6105254300 814 YARROW STREET BRYN MAWR PA 190103598 COLIN KELTON CHAIR 0.80 X X 0 0 0 ANTONETTE DULAY-TIONGCO VICE CHAIR 0.80 X X 0 0 0 NEAL REGINO TREASURER 0.80 X X 0 0 0 ANNE VASQUEZ SECRETARY 0.80 X X 0 0 0 ADAM SPECTOR TRUSTEE ERMERITUS 0.80 X 0 0 0 ELIZABETH HUCKER TRUSTEE ERMERITUS 0.80 X 0 0 0 SUSANNA LACHS TRUSTEE ERMERITUS 0.80 X 0 0 0 GERALD RENTHAL TRUSTEE ERMERITUS 0.80 X 0 0 0 LLOYD SNYDER TRUSTEE ERMERITUS 0.80 X 0 0 0 MARY PATTERSON MCPHERSON HONORARY TRUSTEE 0.80 X 0 0 0 ADA ANDERSON STRASENBURGH HONORARY TRUSTEE 0.80 X 0 0 0 MICHELE TURNER TRUSTEE 0.80 X 0 0 0 MELISSA ZADNIK TRUSTEE 0.80 X 0 0 0 MIMI KELLER DRAKE TRUSTEE 0.80 X 0 0 0 BRYANT HORSLEY TRUSTEE 0.80 X 0 0 0 MELISSA BERGEN TRUSTEE 0.80 X 0 0 0 AMANDA ULRICH TRUSTEE 0.80 X 0 0 0 KIM CASSIDY TRUSTEE 0.80 X 0 0 0 ALLISON GRANT TRUSTEE 0.80 X 0 0 0 GORDON COONEY TRUSTEE 0.80 X 0 0 0 GREG COLEMAN TRUSTEE 0.80 X 0 0 0 BENJAMIN WILLNER TRUSTEE 0.80 X 0 0 0 MICHELLE ALLEN TRUSTEE 0.80 X 0 0 0 DAVID PALMER TRUSTEE 0.80 X 0 0 0 AKINWOLE GARRETT TRUSTEE 0.80 X 0 0 0 KATHY DAWSON TRUSTEE 0.80 X 0 0 0 KYLE LISSACK TRUSTEE 0.80 X 0 0 0 KATRINA SHERRERD TRUSTEE 0.80 X 0 0 0 ANDREW SNYDER TRUSTEE 0.80 X 0 0 0 ERIKA GRIFFIN WHITE TRUSTEE 0.80 X 0 0 0 BROOKSLEY WYLIE TRUSTEE ERMERITUS 0.80 X 0 0 0 MICHAEL TURNER HEAD OF SCHOOL 40.00 X X 963345 0 109252 DEVIN ARONSTAM TRUSTEE 0.80 X 0 0 0 PRASHANT BHUYAN TRUSTEE 0.80 X 0 0 0 ZACHARY WALKER CHIEF FINANCIAL OFFICER 40.00 X 104780 0 10207 AUDREY SCHNUR ASST HEAD OF SCHOOL FOR COMMUNITY ENGAGEMENT 40.00 X 253824 0 12623 JOSEPHINE BURRI DIRECTOR OF PHILANTHROPY 40.00 X 162194 0 22685 KRISTON RYAN HEAD OF UPPER SCHOOL 40.00 X 158123 0 43994 CHRIS LENGTHORN DIRECTOR OF SQUASH 40.00 X 184185 0 12590 SHANE KINSELLA ASST HEAD OF SCHOOL FOR EDUCATIONAL EXCELLENCE 40.00 X 179904 0 23780 2006355 0 235131 16 0 1 0 JORDAHL ENGINEERING & MECHANICAL LLC 810 DICKERSON ROAD SUITE A NORTH WALES PA 19454 ENGINEERING SERVICES 1521435 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 STUDENT DINING SERVICES 1380195 AMERICAN SERVICES CORPORATION 2241 PROVIDENCE AVENUE CHESTER PA 19013 JANITORIAL SERVICES 732367 APPLE INC PO BOX 281877 ATLANTA GA 303841877 TECHNOLOGY 310423 FISHER & PHILLIPS LLP PO BOX 931195 ATLANTA GA 30309 LEGAL 184590 5 115786 135302 4461940 137650 4713028 TUITION & FEES 611710 30668617 30668617 CAFETERIA SALES/ LUNCH 611710 1254511 1254511 LOWER SCHOOL AFTER CARE PROGRAMS 611710 296650 296650 SQUASH PROGRAM 611710 260482 260482 MUSIC FEES 611710 165720 165720 198169 198169 32844149 2151479 7326 2144153 152488 153782 -1294 -1294 26630 -27924 17065925 16933863 132062 132062 132062 0 115786 45894 -45894 -45894 291101 297962 -6861 -6861 TUTORING 611710 66912 66912 SUMMER SPORTS CAMP 611710 30006 30006 BOOKFAIR 611710 13515 13515 219474 219474 329907 40116576 32954582 33956 2415010 8060397 8060397 1103215 1103215 15881073 13957821 1016839 906413 716022 655775 17661 42586 3127570 2773513 177156 176901 1158166 1017908 74156 66102 252874 222250 16191 14433 30750 27026 1969 1755 161382 161382 103970 91379 6657 5934 159826 140471 10233 9122 1423310 1284438 124374 14498 748229 659295 47020 41914 2048213 1800167 131144 116902 349102 318295 24402 6405 662288 582083 42405 37800 2928058 2573460 187479 167119 281910 247770 18050 16090 BOARD CONTINGENCY 1842076 1752076 90000 LUNCHES 788813 693285 50506 45022 ATHLETIC EXPENSE 383647 383647 AUXILLARY 281700 281700 875384 701896 19479 154009 43367975 36472576 4982394 1913005 6480756 4943372 8566663 13523718 468590 236600 31413 210708 1068187 93592073 55121133 38705748 38470940 41517332 42283604 4882845 2504324 529718 205505 101362360 103267663 1987044 3985012 2778789 2147518 19431252 19030970 374713 187088 24571798 25350588 X 47600080 46718758 29190482 31198317 76790562 77917075 101362360 103267663 X -3251399 4130526 247386 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34053706 6071911 4144715 633836 1117848 42518648 32846608 235118 2645080 1673100 34053706 37796665 2493929 -5940001 1503985 32846608 31600085 7811901 1615321 37796665 30496965 691086 1773407 1361373 31600085 0.28630 0.47270 0.24100 0 0 4500718 4500718 72737033 40693528 32043505 16289913 14427605 1862308 64409 64409 38470940 AGENCY FUNDS 178626 DISCOUNT FOR FUTURE INTERESTS 8462 187088 X 36522961 4130526 497638 4628164 31894797 161382 8060397 8221779 40116576 35643834 497638 497638 35146196 161382 8060397 8221779 43367975 PART V, LINE 4: THE ENDOWMENT DRAW IS USED TO OFFSET OPERATING COSTS. THESE COSTS ARE PRIMARILY FINANCIAL AID, SCHOLARSHIPS, PROGRAM COSTS AND FACULTY SALARIES. THE SCHOOL SUBSIDIZES AN AMOUNT WELL BEYOND THE DRAW IN EACH OF THESE AREAS. PART X, LINE 2: THE SCHOOL HAS REVIEWED THEIR TAX POSITIONS AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON FEDERAL AND STATE TAX RETURNS FOR THE OPEN TAX YEARS (2020-2022) OR EXPECTED TO BE TAKEN IN THE SCHOOL'S 2023 TAX YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 45,894. RENTAL EXPENSE 153,782. STORE EXPENSE 297,962. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,060,397. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 45,894. RENTAL EXPENSE 153,782. STORE EXPENSE 297,962. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,060,397. 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'S NONDISCRIMINATORY POLICY WAS PUBLISHED IN A LOCAL NEWSPAPER. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDING FOR SUPPLIES FROM THE STATE OF PENNSYLVANIA. SECRET GARDENS 115786 115786 5239 20916 19739 115786 115786 5239 20916 19739 45894 -45894 1 FINANCIAL AID 294 8060397 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL TURNER HEAD OF SCHOOL 542414 0 408931 0 12000 0 18150 0 91102 0 1072597 0 0 0 AUDREY SCHNUR ASST HEAD OF SCHOOL FOR COMMUNITY EN 229724 0 24100 0 0 0 12623 0 0 0 266447 0 0 0 SHANE KINSELLA ASST HEAD OF SCHOOL FOR EDUCATIONAL 179204 0 700 0 0 0 10450 0 13330 0 203684 0 0 0 KRISTON RYAN HEAD OF UPPER SCHOOL 157423 0 700 0 0 0 8869 0 35125 0 202117 0 0 0 CHRIS LENGTHORN DIRECTOR OF SQUASH 105208 0 78977 0 0 0 4840 0 7750 0 196775 0 0 0 JOSEPHINE BURRI DIRECTOR OF PHILANTHROPY 161494 0 700 0 0 0 9355 0 13330 0 184879 0 0 0 PART I, LINE 1A THE HEADMASTER OF THE SCHOOL IS PROVIDED WITH ON-CAMPUS HOUSING. THE HOUSING IS A CONDITION OF HIS EMPLOYMENT AND NOT PART OF HIS TAXABLE INCOME. A NORTH PENN HEALTH HOSPITAL AND EDUCATION AUTHORITY 232130191 2014-06-30 10000000 TO FINANCE CONSTRUCTION PROJECTS AT SCHOOL. 0 0 0 B MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232245125 2022-09-22 19880128 TO REFINANCE 2014 REVENUE BONDS & 2022 BOND ISSUANCE COSTS 0 0 0 A 7887799 61118 50000 0 0 0 1 B 19880128 194509 1 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 A 0 1 0 0 1 1 WELLS FARGO BANK 27.000000000000 0 0 0 0 0 B 0 0 0 1 0 0 PNC BANK 30.000000000000 0 0 0 0 0 A 1 B 0 MEREDITH TURNER SPOUSE OF HEAD OF SCHOOL 88200 EMPLOYEE OF ORGANIZATION 0 X 21 137650 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE AUDIT AND RISK COMMITTEE. THE DOCUMENT IS THEN PROVIDED TO THE BOARD OF TRUSTEES BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES MUST SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION OF THE HEAD OF SCHOOL. THE BOARD UTILIZES AN INDEPENDENT CONSULTANT TO BENCHMARK THE COMPENSATION PACKAGE AS PART OF A "SAFE HARBORS" PROCESS. FOR ALL TOP MANAGEMENT EMPLOYEES, BENCHMARKING THROUGH NAIS AND/OR PAISBOA IS USED TO DETERMINE AN APPROPRIATE SALARY RANGE UPON HIRE. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL WILL PROVIDE TO THE PUBLIC THOSE DOCUMENTS THAT STATE AND FEDERAL LAW REQUIRE BE MADE AVAILABLE, SUCH AS THE FORM 990 AND THE SCHOOL'S ARTICLES OF INCORPORATION. SUCH DOCUMENTS ARE AVAILABLE THROUGH THE BUSINESS OFFICE ON DEMAND. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 79,364. AMORTIZATION OF DEFERRED BOND COST -16,209. OTHER CHANGES 184,231. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS AN AUDIT AND RISK COMMITTE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEDPENDENT ACCOUNTANT. THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR.