2022-05-04T12:24:44-05:00 2021-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2020-07-01 131255270 ST BERNARD'S SCHOOL INC STBE 2122892878 4 EAST 98TH STREET NEW YORK NY 10029 EDWARD O'CONNELL BUSINESS MANAGER 2122892887 2022-04-13 1 EDWARD OCONNELL 999009999 CANDICE METH P01306891 2129498700 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z EVAN MORAITIS 4 EAST 98TH STREET NEW YORK NY 10029 105591793 0 X WWW.STBERNARDS.ORG X 1940 NY ST. BERNARD'S OFFERS ABLE YOUNG BOYS OF DIVERSE BACKGROUNDS AN EXCEPTIONALLY THOROUGH, RIGOROUS, AND ENJOYABLE INTRODUCTION TO LEARNING AND COMMUNITY LIFE. 24 24 129 0 302849 293311 3328736 3176246 17519504 16546675 15155875 11688293 258640 245006 36262755 31656220 2792775 3067850 0 0 15312410 19560606 0 0 1178294 9947201 9154881 28052386 31783337 8210369 -127117 141237723 161784353 9964671 11510758 131273052 150273595 ST. BERNARD'S OFFERS ABLE YOUNG BOYS OF DIVERSE BACKGROUNDS AN EXCEPTIONALLY THOROUGH, RIGOROUS, AND ENJOYABLE INTRODUCTION TO LEARNING AND COMMUNITY LIFE. 0 0 23514060 3067850 16791681 THE SCHOOL MEETS THE EDUCATIONAL NEEDS OF APPROXIMATELY 340 STUDENTS IN VARIOUS CLASSES FROM KINDERGARTEN THROUGH NINTH GRADE. 23514060 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 48 0 1 129 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X EDWARD O'CONNELL BUSINESS MG 2122892878 4 EAST 98TH STREET NEW YORK NY 10029 CRAIG HUFF PRESIDENT 2.00 0.00 X X 0 0 0 PRAKASH MELWANI VICE PRESIDENT (UNTIL 7/20) 2.00 0.00 X X 0 0 0 THOMAS WALKER TREASURER 2.00 0.00 X X 0 0 0 SUSAN WEBSTER SECRETARY 2.00 0.00 X X 0 0 0 AJMAH HOUSTON VICE PRESIDENT 2.00 0.00 X X 0 0 0 ANELECHI ANYANWU TRUSTEE 2.00 0.00 X 0 0 0 ANNA CAPSERSEN TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL CHAE TRUSTEE 2.00 0.00 X 0 0 0 VICKI FOLEY TRUSTEE 2.00 0.00 X 0 0 0 THOMAS GOLDSTONE TRUSTEE 2.00 0.00 X 0 0 0 CATHERINE GORDON TRUSTEE 2.00 0.00 X 0 0 0 LEIGH ABRAMSON TRUSTEE 2.00 0.00 X 0 0 0 GEOFFREY HSU TRUSTEE 2.00 0.00 X 0 0 0 SIMONE MAILMAN TRUSTEE 2.00 0.00 X 0 0 0 GIFFORD MILLER TRUSTEE 2.00 0.00 X 0 0 0 ADEBAYO OGUNLESI TRUSTEE 2.00 0.00 X 0 0 0 JULIE RICHARDSON TRUSTEE (UNTIL 8/31/2020) 2.00 0.00 X 0 0 0 MIKA BOUVARD TRUSTEE 2.00 0.00 X 0 0 0 CARLOS ROHM TRUSTEE 2.00 0.00 X 0 0 0 LAURIE BEARD TRUSTEE 2.00 0.00 X 0 0 0 VANESSA CORNELL TRUSTEE (STARTED 9/20) 2.00 0.00 X 0 0 0 HARRY DAVISON TRUSTEE 2.00 0.00 X 0 0 0 NEEL GANDHI TRUSTEE (STARTED 8/20) 2.00 0.00 X 0 0 0 NICO LANDRIGAN TRUSTEE 2.00 0.00 X 0 0 0 IJAH MONDESAIRE-CRUMP TRUSTEE (STARTED 8/20) 2.00 0.00 X 0 0 0 JONATHAN PEREZ TRUSTEE 2.00 0.00 X 0 0 0 STUART JOHNSON HEADMASTER UNTIL 6/25/2020 & ADVISOR 40.00 0.00 X 834103 0 133291 EDWARD O'CONNELL BUSINESS MANAGER 40.00 0.00 X 343926 0 42319 EVAN MORAITIS INTERIM HEAD OF SCHOOL 40.00 0.00 X 285076 0 74713 DINESH KRIPALANI DEVELOPMENT DIRECTOR 40.00 0.00 X 226019 0 41789 CLAUDE MICELI ATHLETIC DIRECTOR 40.00 0.00 X 222062 0 51026 ERIC HILL TEACHER 40.00 0.00 X 200496 0 49625 ROBERT CLEMENTS TEACHER 40.00 0.00 X 191499 0 37901 OLIVER BOWCOCK UPPER SCHOOL DIRECTOR 40.00 0.00 X 192669 0 49426 2495850 0 480090 49 0 1 0 CAMBRIDGE ASSOCIATES 125 HIGH STREET BOSTON MA 02110 INVESTMENT MANAGERS 262088 1 142566 3033680 117628 3176246 EDUCATION 611600 15880840 15880840 OTHERS 611600 519586 519586 AFTER SCHOOL PROGRAM 611600 140974 140974 BOOK FAIR 611600 5275 5275 16546675 3159930 164245 2995685 30780 0 30780 30780 30780 82440567 73912204 8528363 8528363 138604 8389759 23369 142566 23369 0 NYS MANDATED SERVICES 611710 214226 214226 214226 31656220 16791681 302849 11385444 3067850 3067850 3695690 655185 2975267 65238 11658344 10519705 630731 507908 1124635 1004361 64359 55915 2245895 2101841 56039 88015 836042 760368 42535 33139 1965071 1965071 84410 84410 273649 273649 669997 669997 366865 157169 135885 73811 321367 241025 80342 563539 548241 7649 7649 1355801 1220221 67790 67790 335835 335835 ACADEMIC COSTS 1853930 1821735 9407 22788 DINING ROOM COSTS 647511 647511 MISCELLANEOUS EXPENSE 546718 433013 27852 85853 PARENTS ASSOCIATION ACT 170188 170188 31783337 23514060 7090983 1178294 146798 287179 2386110 5108843 28100 125067 225571 40103765 33222315 7505820 6881450 61831158 53746701 69242770 95506509 141237723 161784353 6129716 5189508 3834955 6321250 9964671 11510758 X 100217420 111227308 31055632 39046287 131273052 150273595 141237723 161784353 X -127117 19163924 -36264 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25762213 315396 7391506 1019755 32449360 25866459 222860 653925 981031 25762213 24901602 45191 1821530 901864 25866459 22909751 71491 2772330 851970 24901602 19979178 321763 3422577 813767 22909751 0.28034 0.71966 0 0 84584 84584 32555656 30426876 2128780 7463525 2795439 4668086 6881450 HEDGE FUNDS 67231837 F PRIVATE EQUITY 28274672 F 95506509 X 47502014 19163924 23369 19187293 28314721 273649 3067850 3341499 31656220 28501471 23369 23369 28478102 273649 3031586 3305235 31783337 PART V, LINE 4: THE ENDOWMENT CONSISTS OF APPROXIMATELY 30 INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS AND OTHER PURPOSES AND SUCH FUNDS ARE DONOR RESTRICTED. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE SCHOOL ASC TOPIC 740 IS POTENTIALLY APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME, ATTRIBUTABLE TO INVESTMENT INCOME. NONETHELESS, BECAUSE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE PER RETURN 23,369. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUE PER AUDITED FINANCIAL STATEMENTS. 3,067,850. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN EXPENSES PER AUDITED FINANCIAL STATEMENTS. 23,369. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUE PER AUDITED FINANCIAL STATEMENTS. 3,067,850. POSTRETIREMENT HEALTH-CARE AMOUNT OTHER THAN PERIODIC COSTS -36,264. 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 ADEQUATELY PUBLISHES ITS NONDISCRIMINATION POLICY IN VARIOUS SCHOOL PUBLICATIONS THAT ARE AVAILABLE UPON REQUEST. SCHEDULE E, LINE 6A: THE SCHOOL RECEIVES FUNDS FROM THE STATE OF NEW YORK DEPARTMENT OF EDUCATION FOR NON-PUBLIC SCHOOL MANDATED SERVICES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 36436294 NORTH AMERICA 0 0 INVESTMENTS 6649663 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 10122734 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 10006350 0 0 0 0 0 0 63215041 0 63215041 0 0 0 1 1 0 PART I, LINE 3: AMOUNTS REPORTED ON THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, FORM 8621 THE SCHOOL WAS AN INDIRECT SHAREHOLDER OF A PASSIVE FOREIGN INVESTMENT COMPANY OR QUALIFIED ELECTING FUND DURING THE YEAR, HOWEVER, IT WAS NOT REQUIRED TO FILE THE FORM 8621 THIS YEAR. FORM 8865: THE SCHOOL HAD AN OWNERSHIP INTEREST IN A FOREIGN PARTNERSHIP DURING THE TAX YEAR, HOWEVER THE SCHOOL DID NOT MEET THE REPORTING REQUIREMENTS FOR THIS FORM. RAFFLE 122785 114088 8697 8697 PA BENEFIT 43150 28478 14672 14672 165935 142566 23369 23369 23369 0 1 FINANCIAL AID-STUDENTS 83 3067850 FMV TUITION REDUCTION PART I, LINE 2: ST. BERNARD'S IS COMMITTED TO ADMITTING AND ENROLLING THE MOST QUALIFIED STUDENTS. BOYS ARE ACCEPTED FOR ADMISSION BEFORE THE AWARDING OF GRANTS. EACH YEAR ST. BERNARD'S SETS ASIDE MONEY FOR FINANCIAL AID. GRANTS ARE GIVEN ON THE BASIS OF NEED, WITH THE EXPECTATION THAT RECIPIENTS WILL MAKE GOOD USE OF THEIR EDUCATIONAL OPPORTUNITIES. EACH CASE IS GIVEN INDIVIDUAL CONSIDERATION BY THE FINANCIAL AID COMMITTEE, BASED ON INFORMATION THAT THE PARENTS AND THE SCHOOL SCHOLARSHIP SERVICE FORMS PROVIDE. ALL INFORMATION SUPPLIED IS HELD IN STRICT CONFIDENCE. X 1 1 X X 0 1 0 0 0 0 0 0 0 STUART JOHNSON HEADMASTER UNTIL 6/25/2020 & ADVISOR 734553 0 0 0 99550 0 37242 0 96049 0 967394 0 0 0 EDWARD O'CONNELL BUSINESS MANAGER 343926 0 0 0 0 0 37069 0 5250 0 386245 0 0 0 EVAN MORAITIS INTERIM HEAD OF SCHOOL 285076 0 0 0 0 0 37189 0 37524 0 359789 0 0 0 CLAUDE MICELI ATHLETIC DIRECTOR 222062 0 0 0 0 0 24787 0 26239 0 273088 0 0 0 DINESH KRIPALANI DEVELOPMENT DIRECTOR 226019 0 0 0 0 0 26804 0 14985 0 267808 0 0 0 ERIC HILL TEACHER 200496 0 0 0 0 0 23386 0 26239 0 250121 0 0 0 OLIVER BOWCOCK UPPER SCHOOL DIRECTOR 192669 0 0 0 0 0 23187 0 26239 0 242095 0 0 0 ROBERT CLEMENTS TEACHER 191499 0 0 0 0 0 22916 0 14985 0 229400 0 0 0 PART I, LINE 1B THE PRIOR HEADMASTER WAS PROVIDED HOUSING AS A CONDITION OF HIS EMPLOYMENT UNTIL 6/30/2020, SO THAT HE CAN BE AVAILABLE AT ALL TIMES FOR THE STUDENTS. SINCE THE PRIOR HEADMASTER'S HOME SERVED AS HIS PERMANENT RESIDENCE, PERSONAL USE OF THE HOME DID ACCUR. THE SCHOOL PAID FOR MAINTENANCE SERVICE FOR THE HOME, AS NEEDED. THE HOUSING REQUIREMENT PROVISION IS CONTAINED IN THE EMPLOYMENT CONTRACT OF THE PRIOR HEADMASTER. PART I, LINE 4B THE SCHOOL MAINTAINED A 457F PLAN FOR THE PRIOR HEADMASTER, HOWEVER THE SCHOOL DID NOT MAKE ANY CONTRIBUTIONS TO THE PLAN. X 24 117628 PUBLISHED MARKET QUOTES 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTED ITEMS REPRESENT THE NUMBER OF STOCK DONATIONS RECEIVED FROM DONORS DURING THE YEAR. PART I, LINE 32B: THE BROKERS HIRED BY THE SCHOOL SELL THE DONATED STOCKS UPON RECEIPT. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PROVIDES COPIES OF THE FORM 990 TO CERTAIN MEMBERS OF THE BOARD OF TRUSTEES WHO REVIEW AND APPROVE THE FORM 990 ON BEHALF OF THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND PROFESSIONAL STAFF ARE REQUIRED TO ATTEST ANNUALLY TO THEIR FAMILIARITY WITH THE SCHOOL'S POLICIES AND PROVIDE INFORMATION CONCERNING ANY POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF BOTH THE INTERIM HEADMASTER AND BUSINESS MANAGER IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE PROCESS INCLUDES A REVIEW OF THE COMPONENTS OF THEIR COMPENSATION, AS WELL AS THEIR TOTAL PACKAGES AND COMPARISONS OF BOTH COMPONENTS AND TOTAL PACKAGES TO TWO DIFFERENT PEER GROUPS COMPRISED OF A) A GROUP OF APPROXIMATELY 13 NEW YORK CITY SCHOOLS, AND B)A GROUP OF 147 NEW YORK STATE INDEPENDENT SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS CONSIST OF POSTRETIREMENT HEALTH INSURANCE -36,264.