2021-05-14T06:37:51-05:00 2020-06-30 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2019-07-01 520883668 EDMUND BURKE SCHOOL INC EDMU 2023628882 4101 CONNECTICUT AVENUE NW WASHINGTON DC 20008 AIMEE WEIL ASSISTANT HEAD OF SCHOOL, F&O 2023628882 2021-05-13 1 WILLIAM E TURCO CPA P00369217 3012963600 2021-05-13 2019 2022-09-23 18:48:47Z DAMIAN R JONES 4101 CONNECTICUT AVENUE NW WASHINGTON DC 20008 15684883 0 X WWW.BURKESCHOOL.ORG X 1968 DC EDMUND BURKE SCHOOL IS A COED, COLLEGE-PREPARATORY SCHOOL SERVING STUDENTS IN GRADES 6-12. THE SCHOOL COMBINES RIGOROUS CURRICULUM WITH SMALL CLASSES AND PERSONAL ATTENTION. 21 20 92 60 0 0 2391846 970643 12637545 12758175 435060 321912 13603 58862 15478054 14109592 1889214 1937805 0 0 8071076 8403232 28000 19600 440941 3871928 3047894 13860218 13408531 1617836 701061 28475285 29608810 16418815 16835757 12056470 12773053 X EDMUND BURKE SCHOOL CONSCIOUSLY BRINGS TOGETHER STUDENTS WHO ARE DIFFERENT FROM ONE ANOTHER IN MANY WAYS AND ACTIVELY ENGAGES THEM IN THEIR OWN EDUCATION. BURKE HAS HIGH EXPECTATIONS FOR THEM, GIVES THEM POWER AND RESPONSIBILITY, AND SUPPORTS AND ADVANCES THEIR GROWTH AS SKILLED AND INDEPENDENT THINKERS WHO STEP FORWARD TO MAKE POSITIVE CONTRIBUTIONS TO THE WORLD IN WHICH THEY LIVE. 0 0 9486110 1937805 12700904 COLLEGE PREPARATORY MIDDLE/HIGH SCHOOL EDUCATIONAL PROGRAM SERVING APPROXIMATELY 300 STUDENTS IN GRADES 6TH-12TH; FULLTIME MONDAY THRU FRIDAY SEPTEMBER 1 THRU JUNE 15 SCHOOL YEAR. 60577 57271 SUMMER PROGRAM:AN EDUCATIONAL PROGRAM SERVING 100 STUDENTS FOR APPROXIMATELY 6 WEEKS PROVIDING HS COURSEWORK FOR CREDIT , PREPARING STUDENTS FOR ADVANCE CURRICULUM COURSES DURING THE SCHOOL YEAR, OFFERING STUDIES THROUGH TRAVEL AND ATHLETIC VENUES, PLUS SERVING YOUNGER STUDENTS WITH TUTORING AND SUMMER CAMP ACTIVITIES. 30060 LEADERSHIP PROGRAM:DESIGNED TO TEACH HIGH SCHOOL STUDENTS SITUATIONAL DECISION MAKING. THE PROGRAM SERVES ABOUT 60 STUDENTS. IT MEETS FOR APPROXIMATELY TEN SESSIONS PER SCHOOL YEAR INCLUDING A WEEKEND RETREAT. 9576747 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 70 0 1 92 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 DC X AIMEE WEIL 2023628882 4101 CONNECTICUT AVENUE NW WASHINGTON DC 20008 DAMIAN JONES HEAD OF SCHOOL 40.00 X X 330760 0 39418 MATTHEW SEILER ASST HEAD/FINANCE&OPERATIONS 40.00 X 187449 0 36170 MONICA MIRACKY HEAD OF MIDDLE SCHOOL 40.00 X 145647 0 36624 NIGEL HINSHELWOOD DEAN OF FACULTY 40.00 X 154106 0 26188 JENNIFER RAWLINGS DEVELOPMENT DIRECTOR 40.00 X 115133 0 22070 KAIANASA GEORGE ADMISSIONS DIRECTOR 40.00 X 117283 0 23620 VEDA ROBINSON COLLEGE COUNSELING DIRECTOR 40.00 X 124574 0 14124 JANINE GOODMAN PRESIDENT 2.00 X X 0 0 0 SHARON DAVIS VICE PRESIDENT 2.00 X X 0 0 0 NICK KEENAN TREASURER 2.00 X X 0 0 0 ANGELA JAFFEE SECRETARY 2.00 X X 0 0 0 EMILY ALEXANDER TRUSTEE 2.00 X 0 0 0 SUSANNAH BARUCH TRUSTEE 2.00 X 0 0 0 SYDNEY BATH TRUSTEE 2.00 X 0 0 0 HADLEY BOYD TRUSTEE 2.00 X 0 0 0 DAWN CHISM TRUSTEE 2.00 X 0 0 0 WENDY CIVIDANES TRUSTEE 2.00 X 0 0 0 JOE CLARK TRUSTEE 2.00 X 0 0 0 NORMAN DONG TRUSTEE 2.00 X 0 0 0 LUCINDA ENG GARCIA TRUSTEE 2.00 X 0 0 0 RICHARD GERSTEN TRUSTEE 2.00 X 0 0 0 SUE KEISLER TRUSTEE 2.00 X 0 0 0 BRIAN MCMASTER TRUSTEE 2.00 X 0 0 0 RUTA PUSKORIUS TRUSTEE 2.00 X 0 0 0 KIRA SWENCKI TRUSTEE 2.00 X 0 0 0 STEPHEN WEISBROD TRUSTEE 2.00 X 0 0 0 MONIQUE WILLARD TRUSTEE 2.00 X 0 0 0 1174952 0 198214 10 0 1 0 ROHAN CONSTRUCTION GROUP INC 8320 PROFESSIONAL HILL DR FAIRFAX VA 22031 BUILDING RENOVATIONS 364804 RED COATS INC PO BOX 79579 BALTIMORE MD 212790579 CUSTODIAL SERVICES 142756 2 60421 910222 61986 970643 TUITION AND FEES 900099 12700904 12700904 SUMMER PROGRAMS 900099 57271 57271 12758175 201548 201548 1000 0 1000 1000 1000 1680810 1560446 120364 120364 120364 45185 60421 14845 30340 30340 2155 0 2155 2155 OTHER INCOME 900099 25367 25367 25367 14109592 12758175 0 380774 1937805 1937805 596944 401886 170166 24892 5823285 3920464 1659998 242823 166549 112127 47477 6945 1320144 888773 376323 55048 496310 334135 141479 20696 38263 38263 52755 52755 19600 19600 47697 47697 271837 187538 57268 27031 119337 119337 339255 151902 162539 24814 93085 65469 14996 12620 274964 274964 163335 163031 304 32467 32467 448803 359042 89761 599434 596008 3426 129221 114368 14853 EDUCATIONAL PROGRAMS 192942 192942 BAD DEBT 90247 90247 CAFE - FOOD 67448 67448 AMORTIZATION 26175 20940 5235 60629 -244562 298719 6472 13408531 9576747 3390843 440941 391 391 3245020 5041073 1652020 1030044 82629 83304 4415 4415 145143 123378 25108768 10283447 15231003 14825321 3468320 3569009 4546483 4807050 99861 124825 28475285 29608810 975341 733761 2320963 1985848 13022650 12708825 99861 1407323 16418815 16835757 X 7278159 7995170 4778311 4777883 12056470 12773053 28475285 29608810 701061 15522 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2015814 43299 84347 1974766 1645973 375000 76931 82090 2015814 1481074 100000 77412 12513 1645973 1145765 250000 102465 17156 1481074 1822812 36995 714042 1145765 0.37000 0.43000 0.20000 0 0 2700868 2700868 19173457 7786529 11386928 2662123 2442240 219883 572320 54678 517642 14825321 9075-SPDR DJIA TRUST (DIA) 2340170 F 8000-SPDR S&P 500 ETF TRUST (SPY) 2466880 F 4807050 DEFERRED COMPENSATION LIABILITY 124825 REFUNDABLE ADVANCES 1282498 1407323 X 12154457 15522 -1937805 -1922283 14076740 47697 -14845 32852 14109592 11437874 14845 14845 11423029 47697 1937805 1985502 13408531 PART V, LINE 4: BOARD DESIGNATED: REPRESENT UNRESTRICTED NET ASSETS THAT HAVE BEEN INTERNALLY DESIGNATED BY THE BOARD. AS OF JUNE 30, 2020, THERE HAS BEEN $725,000 DESIGNATED BY THE BOARD FOR PROPERTY AND EQUIPMENT RENOVATIONS. ALL EARNINGS FOR THE ENDOWMENT ARE REFLECTED AS TEMPORARILY RESTRICTED NET ASSETS, UNTIL APPROPRIATED FOR EXPENDITURE BY THE BOARD OF TRUSTEES. PERMANENTLY RESTRICTED NET ASSETS AT JUNE 30, 2020, IN THE AMOUNT OF $854,556, ARE RESTRICTED TO INVESTMENT IN PERPETUITY, THE INCOME FOR WHICH IS EXPENDABLE TO SUPPORT TECHNOLOGY, FACULTY COMPENSATION AND COMBUSTION ENGINE GRANT REQUESTS. PART X, LINE 2: INCOME TAXES: EBS IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). IN ADDITION, EBS QUALIFIES FOR CHARITABLE CONTRIBUTIONS DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. BUSINESS INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. FOR THE YEAR ENDED JUNE 30, 2020, EBS HAD INSIGNIFICANT NET UNRELATED BUSINESS INCOME, AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT EVALUATED EBS' TAX POSITIONS AND CONCLUDED THAT EBS HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. EBS FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, EBS IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2017. EBSLHC, LLC IS A SINGLE-MEMBER LLC, AND AS SUCH, IS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES, PURSUANT TO SECTION 7701 OF THE IRC. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION REVENUE IN THE FINANCIAL STATEMENT -1,937,805. PART XI, LINE 4B - OTHER ADJUSTMENTS: AUCTION EXPENSES REPORTED ON LINE 8B -14,845. PART XII, LINE 2D - OTHER ADJUSTMENTS: AUCTION EXPENSES REPORTED ON LINE 8B 14,845. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION REVENUE IN THE FINANCIAL STATEMENT 1,937,805. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 A NOTICE OF NONDISCRIMINATORY POLICY TOWARD STUDENTS IS PLACED IN THE WASHINGTON POST ANNUALLY BY THE ASSOCIATION OF INDEPENDENT SCHOOLS OF GREATER WASHINGTON. EDMUND BURKE SCHOOL IS A LISTED MEMBER SCHOOL IN THIS NOTICE. X X X X X 1 PATRICIA KING JACKSON ASSOCIATES PO BOX 265 COMPTON MD 20627 CONSULTING FOR CAPITAL CAMPAIGN FUNDRAISING 0 810000 19600 790400 810000 19600 790400 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY ONLINE AUCTION 105606 60421 45185 14845 105606 60421 45185 14845 14845 30340 1 FINANCIAL AID 88 1937805 PART I, LINE 2: STUDENTS APPLY FOR FINANCIAL AID BASED ON NEED. NEED IS CALCULATED BY TADS FINANCIAL AID ASSESSMENT SERVICES, AN INDEPENDENT SERVICE, WHICH REPORTS SUMMARY INFORMATION ON THE APPLICANTS TO EDMUND BURKE SCHOOL. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DAMIAN JONES HEAD OF SCHOOL 285687 0 0 0 45073 0 11571 0 28123 0 370454 0 0 0 MATTHEW SEILER ASST HEAD/FINANCE&OPERATIONS 187449 0 0 0 0 0 7123 0 29323 0 223895 0 0 0 MONICA MIRACKY HEAD OF MIDDLE SCHOOL 145647 0 0 0 0 0 6077 0 30823 0 182547 0 0 0 NIGEL HINSHELWOOD DEAN OF FACULTY 154106 0 0 0 0 0 6118 0 20346 0 180570 0 0 0 PART I, LINE 1A DAMIAN JONES WAS PAID EXCESS TUITION REMISSION OF $17,252. TOTAL GROSS TAXABLE BENEFIT WAS $25,692. A DC REFUNDING REVENUE BONDS SERIES 2019 520883668 2019-05-30 13270000 REFINANCED EXISTING LOAN 0 0 0 A 340000 13270000 247350 11220000 2019 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 0 A 1 79000 FINANCIAL AID TUITION X 5 61986 AVERAGE HIGH/LOW 0 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART I, LINE 6, EXPLANATION OF ESTIMATES: PARENTS(60) OF OUR STUDENTS PROVIDE VOLUNTEER SERVICES FOR OUR FUNDRAISING EVENTS, ALUMNI (8) GIVE THEIR TIME TO THE ANNUAL FUND DRIVE AND AUCTION, THE BOARD OF TRUSTEES(22) IS A VOLUNTEER GROUP WHICH GOVERNS THE ENTIRE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT 990 IS REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE AND OPERATIONS AND BY THE BUSINESS MANAGER BEFORE APPROVAL FOR ELECTRONIC FILING WITH THE IRS IS GIVEN. APPROPRIATE ADJUSTMENTS ARE MADE AND THE DIRECTOR OF FINANCE AND OPERATIONS SIGNS THE FORM 990 BEFORE FILING. A COPY OF THE FINAL 990 IS GIVEN TO THE PRESIDENT OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER MUST SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY TO RECOGNIZE HIS/HER UNDERSTANDING AND COMPLIANCE WITH THE ORGANIZATION'S WRITTEN POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS REVIEWED AND APPROVED BY A SUBCOMMITTEE OF THE GOVERNING BOARD. UPON INITIAL HIRE THE COMPENSATION AGREEMENT IS A MULTI-YEAR CONTRACT WHICH IS OCCASIONALLY ADJUSTED ONLY AFTER CONSIDERATION OF COMPARABILITY DATA AVAILABLE FROM CURRENT LOCAL AND NATIONAL INDEPENDENT SCHOOL ASSOCIATION SURVEYS. GUIDANCE IS PRIMARILY RECEIVED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. FOR BOTH THE INITIAL HIRE AND ANY ADJUSTMENT TO THE CONTRACT THE COMMITTEE PRESENTS ITS RECOMMENDATIONS TO THE GOVERNING BOARD FOR FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOR COPIES. THE DOCUMENTS RESIDE IN THE OFFICE OF THE FINANCIAL DIRECTOR. EDMUND BURKE SCHOOL LANDHOLDING LLC 4101 CONNECTICUT AVE NW 1ST FLOOR WASHINGTON DC 20008 522330426 LAND HOLDING DC 0 2656000 EDMUND BURKE SCHOOL INC