2022-03-08T10:25:22-06:00 2021-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2020-07-01 520635092 LANDON SCHOOL LAND 3013203200 6101 WILSON LANE BETHESDA MD 20817 CHRISTOPHER A HARPER CFO/COO 3013203200 2022-03-03 1 CHRISTOPHER HARPER 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 3016529100 2022-03-03 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JAMES NEILL 6101 WILSON LANE BETHESDA MD 20817 44844832 0 X WWW.LANDON.NET X 1936 MD MAINTAINING EDUCATIONAL PROGRAMS FOR STUDENTS AT THE ELEMENTARY AND HIGH SCHOOL LEVELS. 24 24 275 500 0 0 5367085 12069881 32170991 31843070 832763 465553 679381 272861 39050220 44651365 4614891 5243134 0 0 19374378 18862689 0 0 1415137 9798515 8483141 33787784 32588964 5262436 12062401 49502933 66346908 20502154 20530591 29000779 45816317 X LANDON SCHOOL IS COMMITTED TO THE ETHICAL, INTELLECTUAL, AND PERSONAL DEVELOPMENT OF BOYS. WE CHALLENGE AND INSPIRE THEM TO THINK DEEPLY, INDIVIDUALLY, AND BROADLY; TO LIVE WITH RESPECT AND HONOR; AND TO GROW INTO HEALTHY, WELL-ROUNDED MEN OF INTEGRITY AND CHARACTER WHO SEEK TO MAKE A POSITIVE DIFFERENCE IN THE WORLD AROUND THEM. 0 0 26876783 5243134 31995863 MAINTAINING EDUCATIONAL PROGRAMS FOR STUDENTS AT THE ELEMENTARY AND HIGH SCHOOL LEVELS. DUE TO THE COVID-19 IMPACT ON OPERATIONS, OUR METHOD OF SERVICE DELIVERY MOVED TO A VIRTUAL AND/OR HYBRID MODEL. 26876783 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 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 91 0 1 275 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X CHRISTOPHER A HARPER 3013203200 6101 WILSON LANE BETHESDA MD 20817 ALEX BALDWIN CHAIRMAN 1.50 X X 0 0 0 ARANTHAN JONES II TRUSTEE 1.50 X 0 0 0 BURNELL E HOLLAND III TRUSTEE 1.50 X 0 0 0 BEVERLY HUDNUT TRUSTEE 1.50 X 0 0 0 BILL MAGRUDER TRUSTEE 1.50 X 0 0 0 BROOKE SEAWELL TRUSTEE 1.50 X 0 0 0 DEBRA GRAHAM TRUSTEE 1.50 X 0 0 0 DONALD DELL TRUSTEE 1.50 X 0 0 0 EDWARD M PRINCE JR TRUSTEE 1.50 X 0 0 0 HARMAR THOMPSON TRUSTEE 1.50 X 0 0 0 JEAN-MARIE FERNANDEZ TRUSTEE 1.50 X 0 0 0 JEFF ANSARY TRUSTEE 1.50 X 0 0 0 JOHN BOTTI TRUSTEE 1.50 X 0 0 0 JEFFREY FREED TREASURER 1.50 X X 0 0 0 KATHY WELLINGTON VICE CHAIR 1.50 X X 0 0 0 KENNETH JENKINS TRUSTEE 1.50 X 0 0 0 KRISTEN BEST TRUSTEE 1.50 X 0 0 0 LAURA HOFFMAN TRUSTEE 1.50 X 0 0 0 MATTHEW COURSEN SECRETARY 1.50 X X 0 0 0 MATTHEW HOLLERAN TRUSTEE 1.50 X 0 0 0 NICK FREEMAN TRUSTEE 1.50 X 0 0 0 OLIVIER KAMANDA TRUSTEE 1.50 X 0 0 0 SCOTT HARRIS TRUSTEE 1.50 X 0 0 0 TOM SCOTT TRUSTEE 1.50 X 0 0 0 JIM NEILL PRESIDENT/HEADMASTER 60.00 X 636654 0 98089 STEPHEN KING INTERIM CFO/COO(THROUGH 6/30/21) 60.00 X 98464 0 5761 CHARLES FRANKLIN ASSISTANT HEADMASTER 60.00 X 151357 0 69219 EHREN FEDEROWICZ HEAD OF UPPER SCHOOL 60.00 X 132852 0 77085 ERIN DUFFY HEAD OF MIDDLE SCHOOL 60.00 X 138274 0 69249 PETER GALLO DIRECTOR OF DEVELOPMENT 60.00 X 173473 0 70890 SARAH POWERS DIRECTOR OF ADMISSIONS 60.00 X 150548 0 62535 1481622 0 452828 29 0 1 0 COX GRAAE SPACK ARCHITECTS PC 2909 M ST NW WASHINGTON DC 20007 ARCHITECTURAL SERVICE 756512 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE 705302 BOLANA ENTERPRISES INC 10739 TUCKER STREET SUITE 270 BELTSVILLE MD 20705 FACILITY SERVICES (CLEANING/JANITORIAL) 320141 THE BUDD GROUP INC 2325 S STRATFORD ROAD WINSTON SALEM NC 27103 HVAC SYSTEMS MAINTENANCE 254448 MICROSOFT CORPORATION ONE MICROSOFT WAY REDMOND WA 98052 TECHNOLOGY SUPPORT 212113 10 86750 2727427 9255704 964663 12069881 TUITION & FEES 900099 31203683 31203683 AUXILIARY SERVICES 900099 639387 639387 31843070 402601 402601 70276 0 70276 70276 70276 62952 0 62952 62952 62952 89056 86750 39264 49792 49792 190228 154203 36025 36025 OTHER INCOME 900099 116768 116768 116768 44651365 31995863 0 585621 5243134 5243134 822165 697650 81325 43190 13917508 11785566 1393396 738546 639232 558156 52328 28748 2431787 2123357 199067 109363 1051997 918569 86117 47311 77447 77447 47400 47400 43052 43052 563077 237808 207711 117558 140519 17468 106054 16997 1039179 568258 402155 68766 912403 912403 9543 6978 1362 1203 76153 55683 10869 9601 53455 5392 42346 5717 1659445 1372859 212741 73845 227395 227395 EQUIPMENT RENTAL AND MA 1411804 1358416 53388 FOOD SERVICES 712681 712681 ACADEMICS AND ATHLETICS 637478 500886 136396 196 DUES & SUBSCRIPITONS FE 253829 154793 83195 15841 618281 359407 120619 138255 32588964 26876783 4297044 1415137 500 500 9138532 18375737 2891921 4689644 130637 17704 212500 216750 148744 126675 453007 573454 68233013 49973863 17911314 18259150 18406795 23823269 208983 264025 49502933 66346908 1961779 3070484 9539266 12069604 4759653 4164696 419902 211831 955627 897708 2727427 138500 116268 20502154 20530591 X 3911666 10559785 25089113 35256532 29000779 45816317 49502933 66346908 12062401 4753137 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19664065 909632 5107753 691883 24989567 18343847 1354321 632389 666492 19664065 17631744 599585 737499 624981 18343847 16627889 529968 1066631 592744 17631744 15211629 152235 1771625 507600 16627889 0.72576 0.27424 0 0 1309749 1309749 51140471 36773242 14367229 14061830 13200621 861209 1720963 1720963 18259150 CAPITAL LEASE OBLIGATIONS 116268 116268 X 44312316 4753137 -5203337 -450200 44762516 43052 -154203 -111151 44651365 27496778 154203 154203 27342575 43052 5203337 5246389 32588964 PART V, LINE 4: THE DRAW FROM ENDOWMENT IS USED TO SUPPORT GENERAL PROGRAM SERVICES AS WELL AS FOR DESIGNATED PURPOSES, INCLUDING SCHOLARSHIPS, ETHICS FORUMS AND OTHER PROGRAMS (COMMUNITY SERVICE, ACADEMICS, ATHLETICS). PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE IS SUBJECTED TO TAXATION AS UNRELATED BUSINESS INCOME. THE SCHOOL REPRESENTS THAT THERE IS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2021 AND 2020, AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FOR THE YEARS ENDED JUNE 30, 2021 AND 2020, THE MANAGEMENT OF THE SCHOOL DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED, TAX YEARS SINCE 2017 REMAIN OPEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED WITH REVENUE ON FINANCIAL STATEMENTS -5,203,337. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD GROUPED WITH EXPENSES ON FINANCIAL STATEMENTS -154,203. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD GROUPED WITH EXPENSES ON FINANCIAL STATEMENTS 154,203. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED WITH REVENUE ON FINANCIAL STATEMENTS 5,203,337. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AN ANNOUNCEMENT IS PLACED IN THE WASHINGTON POST NEWSPAPER PUBLICIZING THE SCHOOL'S NONDISCRIMINATION POLICY. THIS IS DONE ANNUALLY BY AISGW (ASSOCIATION OF INDEPENDENT SCHOOLS OF GREATER WASHINGTON) AS A GROUP ANNOUNCEMENT. AZALEA FESTIVAL 144497 86750 57747 25726 HOLIDAY GREENS SALE 31309 31309 13538 175806 86750 89056 39264 39264 49792 1 TUITION FINANCIAL AID 216 5103134 SCHOLARSHIPS 25 140000 PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL ASSISTANCE BASED ON BOTH FINANCIAL NEED AND ACADEMIC MERIT. THE SCHOOL HAS AN INDEPENDENT PROCEDURE TO DETERMINE QUALIFICATION FOR FINANCIAL ASSISTANCE. THE SCHOOL HAS STRICT RULES TO PREVENT RELATED PARTIES SUCH AS DISQUALIFIED PERSONS FROM BENEFITING FROM FINANCIAL ASSISTANCE. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 JIM NEILL PRESIDENT/HEADMASTER 439532 0 0 0 197122 0 28925 0 69164 0 734743 0 0 0 PETER GALLO DIRECTOR OF DEVELOPMENT 172109 0 0 0 1364 0 11376 0 59514 0 244363 0 0 0 CHARLES FRANKLIN ASSISTANT HEADMASTER 150624 0 0 0 733 0 9974 0 59245 0 220576 0 0 0 SARAH POWERS DIRECTOR OF ADMISSIONS 149804 0 0 0 744 0 394 0 62141 0 213083 0 0 0 EHREN FEDEROWICZ HEAD OF UPPER SCHOOL 131995 0 0 0 857 0 9307 0 67778 0 209937 0 0 0 ERIN DUFFY HEAD OF MIDDLE SCHOOL 137616 0 0 0 658 0 9205 0 60044 0 207523 0 0 0 PART I, LINE 1A TAX GROSS-UP PAYMENTS WERE MADE FOR VARIOUS TAXABLE BENEFITS PROVIDED TO THE HEAD OF SCHOOL, JAMES NEILL. JAMES NEILL RECEIVED NON-TAXABLE PERSONAL SERVICES IN THE AMOUNT OF $7,250. A NON-TAXABLE HOUSING BENEFIT WAS PROVIDED TO INDIVIDUALS AS A CONDITION OF EMPLOYMENT. THE FOLLOWING INDIVIDUALS RECEIVED THE HOUSING BENEFIT: JAMES NEILL - $40,000 STEPHEN KING - $2,400 PETER GALLO - $40,000 CHARLES FRANKLIN - $40,000 SARAH POWERS - $40,000 ERIN DUFFY - $40,000 EHREN FEDEROWICZ - $40,000 A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2011-06-02 10114264 TO REFUND THE 1999 BONDS & REFINANCE THE ENTIRE OUTSTANDING BALANCE 0 0 0 A 5949568 10114264 107717 10006547 2011 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 DAVID ARMSTRONG FORMER HEADMASTER DEFERRED COMPENSATION OBLIGATION CONVERTED TO A LOAN X 1035518 211831 0 1 1 211831 X 13 964663 AVERAGE 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) OF PART I REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 3 THE LANDON SCHOOL DELEGATED MANAGEMENT DUTIES TO THE BUDD GROUP TO MANAGE ITS PLANT OPERATIONS. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES OF INCORPORATION WERE AMENDED AND RESTATED TO INDICATE THAT THE NUMBER OF TRUSTEES SHALL BE NO LESS THAN NINE (9), WHICH MAY BE INCREASED OR DECREASED PURSUANT TO THE CORPORATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTING FIRM ENGAGED BY THE SCHOOL. THE RETURN IS REVIEWED BY THE PRESIDENT/HEADMASTER, CFO, CONTROLLER, AND AUDIT AND RISK MANAGEMENT COMMITTEE BEFORE BEING MADE AVAILABLE TO THE TRUSTEES VIA A SECURE WEBSITE PORTAL. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS POSTED TO THE BOARD'S SECURE WEBSITE PORTAL. TRUSTEES ARE ASKED TO READ AND SIGN THE POLICY AT THE BEGINNING OF EACH YEAR AND ADVISE THE SECRETARY OF ANY ISSUES THAT MIGHT BE OF CONCERN. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF THE OFFICERS ARE DECIDED BY THE USE OF COMPARABLE SALARY DATA AS PROVIDED BY AISGW AND THE ASSOCIATION OF MARYLAND INDEPENDENT SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).