2021-04-19T17:03:12-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 5255 EAST WILLIAMS CIRCLE SUITE 5000 TUCSON AZ 85711 990 2019-07-01 860374130 THE GREGORY SCHOOL GREG 5203276395 3231 NORTH CRAYCROFT ROAD TUCSON AZ 85712 JULIE SHERRILL PHD HEAD OF SCHOOL 5203276395 2021-04-16 1 LISA ADAMS P00854368 5207903500 2021-04-16 2019 2022-09-23 18:48:47Z THE GREGORY SCHOOL PATTI WISNOM 3231 NORTH CRAYCROFT ROAD TUCSON AZ 85712 7751506 0 X WWW.GREGORYSCHOOL.ORG X 1979 AZ TO CREATE LEADERS AND INNOVATORS FOR THE 21ST CENTURY BY PROVIDING INDEPENDENT, COEDUCATIONAL, GRADE 5-12 EDUCATION 13 13 103 50 0 0 1584688 1681158 5398691 5878677 58693 61536 22908 18311 7064980 7639682 1362849 1593688 0 0 4424668 4272855 0 21250 71795 1935730 1767017 7723247 7654810 -658267 -15128 7870416 8401284 2978925 3527803 4891491 4873481 TO CREATE LEADERS AND INNOVATORS FOR THE 21ST CENTURY BY PROVIDING INDEPENDENT, COEDUCATIONAL, GRADE 5-12 EDUCATION 0 0 6078615 1593688 5878677 TO PROVIDE EDUCATION TO APPROXIMATELY 300 STUDENTS IN 5TH THROUGH 12TH GRADE 6078615 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 103 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARY BABBITT DIRECTOR OF FINANCE 5203276395 3231 NORTH CRAYCROFT ROAD TUCSON AZ 85712 PATTI WISNOM PRESIDENT 2.00 X X 0 0 0 HANNA MILLER VICE PRESIDENT 2.00 X X 0 0 0 CLAYTON COLWELL SECRETARY 2.00 X X 0 0 0 NAOMI WEINER TREASURER 2.00 X X 0 0 0 MARK CLINE TRUSTEE 1.00 X 0 0 0 WILL CONROY TRUSTEE 1.00 X 0 0 0 LESLIE HEROS TRUSTEE 1.00 X 0 0 0 AMY JOBST TRUSTEE 1.00 X 0 0 0 MARIE MALONEY TRUSTEE 1.00 X 0 0 0 CLAUDINE MESSING TRUSTEE 1.00 X 0 0 0 PATTY NOLEN TRUSTEE 1.00 X 0 0 0 KATHY PETERS TRUSTEE 1.00 X 0 0 0 WILL PEW TRUSTEE 1.00 X 0 0 0 JULIE SHERRILL HEAD OF SCHOOL 40.00 X 199422 0 10706 MARY BABBITT DIRECTOR OF FINANCE 40.00 X 76500 0 11523 PAUL FORKNER FORMER DIRECTOR OF FINANCE 40.00 X 80000 0 8536 355922 0 30765 1 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE PROVIDER 354263 CAYLOR DESIGN AND CONSTRUCTION 2 E CONGRESS SUITE 900 TUCSON AZ 85701 BATHROOM REMODEL 138342 2 1681158 1681158 TUITION 611110 5731656 5731656 ACTIVITY FEES & MISCEL 611110 147021 147021 5878677 37232 37232 29960 18000 11960 11960 11960 118128 93824 24304 24304 24304 CHANGE IN LIFE INSURAN 900099 6351 6351 6351 7639682 5878677 0 79847 1593688 1593688 342555 84100 216405 42050 3214272 2519390 694882 140158 103737 36421 319961 206949 113012 266534 189158 77376 22925 22925 10625 10625 16518 16518 2615 2615 28911 26425 400 2086 18865 204 12436 6225 92475 49968 31698 10809 300784 247242 53542 17831 17831 2151 2151 32771 27800 4971 363489 308347 55142 96619 96619 INSTRUCTIONAL EXPENSES 638419 638419 OTHER MISCELLANEOUS COS 137105 69818 67287 STUDENT ACTIVITIES -4461 -4461 7654810 6078615 1504400 71795 232157 1086215 137619 140797 6621 0 54429 60790 13903855 9401912 4737760 4501943 77307 77371 2531727 2435021 92796 99147 7870416 8401284 333564 274935 2352310 2170897 283576 1064988 9475 16983 2978925 3527803 X 2282895 2199132 2608596 2674349 4891491 4873481 7870416 8401284 -15128 -2882 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2531727 40300 58643 138500 16518 2475652 2460095 38020 176580 133000 9968 2531727 2318589 64081 217615 131000 9190 2460095 2132082 25000 270618 101000 8111 2318589 2176271 24765 38898 100090 7762 2132082 0.62430 0.37570 0 0 1109277 1109277 11028795 8863487 2165308 967712 113449 854263 490022 253526 236496 308049 171450 136599 4501943 CORE EQUITY FUND 966153 F HIGH QUALITY BOND FUND 383749 F POOLED INVESTMENT FUNDS 1085119 F 2435021 OTHER CURRENT LIABILITIES 16983 16983 X 6026594 -2882 -2882 6029476 16518 1593688 1610206 7639682 6044604 0 6044604 16518 1593688 1610206 7654810 PART V, LINE 4: THE GREGORY SCHOOL'S ENDOWMENT CONSISTS OF 13 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS. PART X, LINE 2: THE SCHOOL IS REQUIRED TO PERFORM AN EVALUATION OF ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE SCHOOL'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. THIS EVALUATION IS REQUIRED TO BE PERFORMED FOR ALL OPEN TAX YEARS, AS DEFINED BY THE VARIOUS STATUTES OF LIMITATIONS, FOR FEDERAL AND STATE PURPOSES. THE SCHOOL IS ONLY SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS TAXABLE INCOME (UBTI). AS A RESULT, THE SCHOOL IS REQUIRED TO FILE INFORMATIONAL RETURNS FOR FEDERAL AND STATE PURPOSES AND, IF IT HAS UBTI, FEDERAL AND STATE INCOME TAX RETURNS. THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER FILED. MANAGEMENT HAS PERFORMED ITS EVALUATION OF TAX POSITIONS TAKEN ON ALL OPEN TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIP 1,593,688. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIP 1,593,688. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NONDISCRIMINATORY POLICY IS PUBLICIZED ON ITS WEBSITE PER IRS REVENUE PROCEDURE 2019-22. 1 SCHOLARSHIPS AND FINANCIAL AID 91 1465155 OTHER REDUCTION OF TUITION ACCOUNT TUITION REMISSION 17 128533 OTHER REDUCTION OF TUITION ACCOUNT PART I, LINE 2: A COMMITMENT TO INCLUSION IS AN ESSENTIAL ELEMENT OF THE GREGORY SCHOOL'S EDUCATIONAL PHILOSOPHY AND SCHOOL CULTURE. BECAUSE THE SCHOOL IS DETERMINED TO MAKE THE GREGORY SCHOOL EDUCATION ACCESSIBLE TO FAMILIES FROM A WIDE VARIETY OF ECONOMIC BACKGROUNDS, WE OFFER TUITION ASSISTANCE BASED ON A FAMILY'S FINANCIAL NEED. FAMILIES ARE REQUIRED TO COMPLETE A FINANCIAL AID APPLICATION WHICH IS EVALUATED BY THE GREGORY SCHOOL AND USED AS A GUIDELINE TO DETERMINE THE BASELINE FOR FINANCIAL ASSISTANCE AND TUITION. X X 0 0 0 0 0 0 0 0 0 JULIE SHERRILL HEAD OF SCHOOL 195000 0 0 0 4422 0 10706 0 0 0 210128 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 PER THE BY-LAWS ARTICLE 5, SECTION 1 - THE CORPORATION SHALL HAVE ONE CLASS OF TRUSTEE MEMBERS (HEREIN REFERRED TO AS "TRUSTEES") WHO SHALL CONSIST OF THOSE PERSONS SERVING AS MEMBERS OF THE BOARD OF TRUSTEES OF THE CORPORATION FORM 990, PART VI, SECTION A, LINE 7A PER THE BY-LAWS ARTICLE 5, SECTION 1 - THE CORPORATION SHALL HAVE ONE CLASS OF TRUSTEE MEMBERS (HEREIN REFERRED TO AS "TRUSTEES") WHO SHALL CONSIST OF THOSE PERSONS SERVING AS MEMBERS OF THE BOARD OF TRUSTEES OF THE CORPORATION FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS REVIEWED IN DETAIL BY THE HEAD OF SCHOOL, DIRECTOR OF FINANCE, THE EXECUTIVE COMMITTEE AND THE FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED ANNUALLY OR WITH MAJOR CHANGES IN BOARD MEMBERSHIP FORM 990, PART VI, SECTION B, LINE 15 A SUBSET OF THE BOARD REVIEWS THE EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL WITHIN THE FINAL YEAR OF THE THEN-CURRENT CONTRACT, AND THEN BOTH THE EXECUTIVE COMMITTEE AND THE FULL BOARD OF TRUSTEES REVIEW AND APPROVE SUBSTANTIVE CHANGES TO THE RENEWAL CONTRACT, AS APPLICABLE. DATA FROM OTHER INDEPENDENT SCHOOLS IS COMPARED AS PART OF THE CONTRACT RENEWAL PROCESS. MINUTES FROM APPLICABLE EXECUTIVE AND BOARD MEETINGS REFLECT THAT THE CONTRACT WAS REVIEWED AND APPROVED. THE HEAD OF SCHOOL AND DIRECTOR OF FINANCE REVIEW THE SALARIES ANNUALLY OF THE REMAINING EMPLOYEES, WITH THE HEAD OF SCHOOL RESPONSIBLE FOR THE FINAL DETERMINATION THEREOF. SALARIES OF SIMILAR POSITIONS AND LENGTH OF SERVICE AT THE LARGEST PUBLIC SCHOOL DISTRICT IN THE LOCAL AREA ARE USED AS BENCHMARKS FOR COMPARISON WITH ADJUSTMENTS BASED ON MERIT. THE SALARIES ARE DOCUMENTED IN THE ANNUAL EMPLOYMENT CONTRACTS. SALARIES AND RELATED EMPLOYMENT BENEFITS ARE REVIEWED ANNUALLY WITH THE BOARD OF TRUSTEES INPUT ABOUT ANY ACROSS THE BOARD RAISES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST ARIZONA INDEPENDENT SCHOOLS SCHOLARSHIP FOUNDATION 423 N TUCSON BLVD TUCSON AZ 85716 311623961 PROVIDE SCHOLARSHIP GRANTS FOR QUALIFIED PRIVATE SCHOOL STUDENTS AZ 501(C)(3) 0 INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION 3219 E CAMELBACK RD 288 PHOENIX AZ 85018 274662958 PROVIDE SCHOLARSHIP GRANTS FOR QUALIFIED PRIVATE SCHOOL STUDENTS AZ 501(C)(3) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ARIZONA INDEPENDENT SCHOOLS SCHOLARSHIP FOUNDATION C 492509 FMV