2021-05-17T18:05:27-05:00 2020-06-30 271728945 PKF O'Connor Davies LLP 500 Mamaroneck Avenue Harrison NY 105281633 990 2019-07-01 131740435 The Rippowam Cisqua School Inc RIPP 9142441261 439 Cantitoe Street Bedford NY 10506 Peter Fruend Chair 9142441261 2021-05-17 1 Garrett M Higgins P00543209 9143818900 2021-05-17 2019 2022-09-23 18:48:47Z Peter Fruend 439 Cantitoe Street Bedford NY 10506 19524493 0 X www.rcsny.org X 1919 NY Private preparatory school for grades pre-kindergarten through grade 9. 19 17 159 100 -11250 -18404 1524508 1862999 14627167 13788913 690773 798105 651378 79533 17493826 16529550 3606190 3964334 0 0 10530357 9968643 0 0 1631192 6805747 6617693 20942294 20550670 -3448468 -4021120 53822463 50134020 27674248 28066131 26148215 22067889 X Rippowam Cisqua School creates independent thinkers, confident communicators, and engaged leaders who respect and contribute meaningfully to a diverse and increasingly complex global society. 0 0 17000197 3964334 13788913 Private preparatory school of approximately 342 students for grades pre-kindergarten through grade nine.Rippowam Cisqua School believes that learning is a shared experience, the responsibility of both students and teachers. We urge active student involvement and seek to provide a rich curriculum in academics, arts, and athletics for children of different abilities and learning styles. Our approach to learning incorporates experimentation, simulation, and collective and individual problem solving, as well as traditional lecture, discussion, and skill development techniques - all toward the goal of attaining excellence. [See continuation on Schedule O]Students are challenged to demonstrate their competence in a variety of subjects, with emphasis placed on the written word, throughout their school career. The process by which children arrive at a final product is an important part of their education. 17000197 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 31 0 159 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X David Brown 9142441261 439 Cantitoe Street Bedford NY 10506 Colm MacMahon Head of School 40.00 X 239859 0 125512 Matthew Hall Head of Upper Campus 40.00 X 133038 0 108387 Erin Callaghan Head of Lower Campus 40.00 X 131347 0 79711 Miles Cameron Director of Innovation 40.00 X 111906 0 96916 Deborah A Hurrell Asst Head of Sch., Finance dir. thru June 2020 40.00 X 153802 0 35330 Frank Lutz Buildings and Grounds Manager 40.00 X 129904 0 20215 Ridley Sperling Dir. of Secondary Placement 40.00 X 112092 0 19674 Peter B Fruend Chair 2.00 X X 0 0 0 Whitney Brown Vice Chair 2.00 X X 0 0 0 Charles E Buckley Treasurer (thru June 2020) 2.00 X X 0 0 0 Ben Harris Secretary 2.00 X X 0 0 0 Sonja Bartlett Trustee 1.00 X 0 0 0 Jonathan Childs Trustee 1.00 X 0 0 0 Anne Citrin Trustee (thru June 2020) 1.00 X 0 0 0 Kelly Coles Trustee 1.00 X 0 0 0 Nancy Dwyer Eaves Trustee 1.00 X 0 0 0 Margot Fooshee Trustee (thru Jan. 2020) 1.00 X 0 0 0 Abby Gerry Trustee 1.00 X 0 0 0 Harry Grand Trustee 1.00 X 0 0 0 Amy Harsch Trustee 1.00 X 0 0 0 John Jackson Trustee 1.00 X 0 0 0 Richard Mugler Trustee 1.00 X 0 0 0 Bryce O'Brien Trustee 1.00 X 0 0 0 Christopher H Pachios Trustee 1.00 X 0 0 0 Will Reeve Trustee 1.00 X 0 0 0 Charlene Ryan Trustee 1.00 X 0 0 0 Sara Slocum Trustee 1.00 X 0 0 0 Daniel van Starrenburg Trustee 1.00 X 0 0 0 Page Vincent Trustee 1.00 X 0 0 0 1011948 0 485745 9 0 1 0 Consigli Construction NY LLC 199 West Road Suite 100 Pleasant Valley NY 12569 Construction 1542875 Sage Dining Services Inc 1402 York Road Suite 100 Lutherville MD 21093 Food Service 827580 IBS Direct 36-06 43rd Avenue Long Island City NY 11101 Cleaning Service 362831 Kaye Media Partners LLC 12 Peggy Lane Mahopac NY 10541 Marketing 110000 ACIS 343 Congress Street Suite 3100 Boston MA 02210 Educational Tours 106879 5 26816 1836183 218606 1862999 Student Tuition & Fees 611600 13571548 13571548 After School Programs 611600 217365 217365 13788913 193651 -11250 204901 52625 0 52625 52625 52625 2150000 1406220 2150000 801766 0 604454 604454 604454 5110 8188 -3078 -3078 26918 34989 -8071 -8071 Miscellaneous 900099 38057 38057 38057 16529550 13788913 -11250 888888 3964334 3964334 433052 349917 43799 39336 77214 62446 7737 7031 7484829 6053267 749993 681569 390220 311797 44093 34330 972381 777052 109755 85574 610947 488222 68959 53766 101555 101555 77100 77100 20252 20252 108611 60840 38593 9178 201942 163941 38001 130144 20565 62876 46703 260674 208539 28674 23461 929828 743084 104954 81790 18864 18864 8750 8750 49919 39891 5635 4393 1621866 1297493 178405 145968 262300 210541 29083 22676 Repairs & Maintenance 751767 481196 167729 102842 Dining Hall 686508 631814 54694 Instructional Expense 570215 570215 Bad Debt Expense 503091 435529 67562 314307 129514 52475 132318 20550670 17000197 1919281 1631192 949679 924988 7117776 1913027 2102031 1517249 1495363 804698 28365 14077 8796 9099 24900 12111 55897234 17192466 39091319 38704768 2298003 5650362 706231 583641 53822463 50134020 1626831 1598910 67100 29500 1659609 1045381 23234851 22419827 39282 27258 1046575 2945255 27674248 28066131 X 22571903 17932720 3576312 4135169 26148215 22067889 53822463 50134020 X -4021120 -110585 51379 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 9219661 1000 148116 2072706 7296071 11727837 2250 -10119 2500307 9219661 18020812 2050 906989 7202014 11727837 17528341 16990 1663805 1188324 18020812 20419455 43355 -721159 2213310 17528341 0.61440 0.13710 0.24850 0 0 3028317 3028317 47096900 13917853 33179047 4399447 2990059 1409388 1372570 284554 1088016 38704768 Post-retirement benefits 989055 Paycheck Protection Program Loan 1956200 2945255 X 12489620 -110585 34989 -75596 12565216 3964334 3964334 16529550 16569946 35130 35130 16534816 4015854 4015854 20550670 Part III, Line 1a: The School collects historical materials that were acquired through contributions and are not recognized as assets in the Statements of Financial Position. Contributed collection items are not reflected in the financial statements. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as decreases in temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The School's collections are maintained for public exhibition and education in furtherance of the School's mission rather than for financial gain. Collections are valuable assets of the School and are protected, kept unencumbered, cared for, and preserved. As a matter of policy, the proceeds of items in collections that are sold are used to acquire other items for collections. Part V, Line 4: The intended uses of the endowment funds are to support financial aid, faculty salaries, and general operating expenses. Part X, Line 2: The School recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the School had no uncertain tax positions that would require financial statement recognition or disclosure. The School is no longer subject to examinations by the applicable taxing jurisdictions for years prior to June 30, 2017. Part XI, Line 2d - Other Adjustments: Cost of Goods Sold reported on Part VIII, Line 10b 34,989. Part XI, Line 4b - Other Adjustments: Scholarships and Financial Aid reported on Part IX, Line 2 3,964,334. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold reported on Part VIII, Line 10b 34,989. Loss on Disposal of Assets 141. Part XII, Line 4b - Other Adjustments: Scholarships and Financial Aid reported on Part IX, Line 2 3,964,334. Actuarial Post Retirement Benefit Adjustment reported on Part XI, Line 9 51,520. 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Publishes a statement of racially non-discriminatory policy in the New York Times and on the school's website. Schedule E, Part I, Line 4 There is an optional check box on our student application to track ethnicity. This question is not required to apply to the School, and we don't maintain a complete or accurate record of racial composition of the student body. Information collected is used for reporting purposes to the NYS Dept. of Education. We do not track or record ethnicity for faculty or staff. Schedule E, Part I, Line 6 The Rippowam Cisqua School receives government financial assistance. The School's right to such aid has never been suspended or revoked. Central America and the Caribbean 0 0 Investments 405017 0 0 0 0 0 0 405017 0 405017 1 0 1 0 0 0 Part III Accounting Method: part IV, Line 1: The organization is not required to file Form 926 because it does not meet the applicable filing threshold requirement. Part IV, Line 3: The organization is not required to file Form 5471 because it does not meet the applicable threshold ownership or other filing requirements. 1 Need-based financial aid 170 3964334 Part I, Line 2: Financial Assistance is available for students from Pre-Kindergarten through Grade Nine, and is given on the basis of need and the availability of funds. Our tuition assistance grants, given to more than 20% of our students, vary in amount, and reflect the socio-economic diversity that is represented in the communities that surround our School. Grants are made to students who qualify for aid strictly on the basis of the family's demonstrated financial need. There are no awards made on the basis of the student's academic, athletic, or other abilities. The award is a direct reduction of tuition, no cash is given to recipients. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 Colm MacMahon Head of School 239641 0 0 0 218 0 11614 0 113898 0 365371 0 0 0 Matthew Hall Head of Upper Campus 132929 0 0 0 109 0 3266 0 105121 0 241425 0 0 0 Erin Callaghan Head of Lower Campus 131250 0 0 0 97 0 3036 0 76675 0 211058 0 0 0 Miles Cameron Director of Innovation 111827 0 0 0 79 0 5824 0 91092 0 208822 0 0 0 Deborah A Hurrell Asst Head of Sch., Finance dir. thru June 2020 138727 0 0 0 15075 0 22185 0 13145 0 189132 0 0 0 Frank Lutz Buildings and Grounds Manager 129674 0 0 0 230 0 6729 0 13486 0 150119 0 0 0 Part I, Line 1a The Rippowam Cisqua School, Inc. provided residence for personal use, valued at $36,000, to the following officers and employees as a non-taxable benefit: Colm MacMahon, Head of School Matthew Hall, Head of Upper Campus Erin Callaghan, Head of Lower campus Schedule J, Part II, Column D: Colm MacMahon, Matthew Hall, Erin Callaghan, and Miles Cameron received tuition remission from the organization for their children that attend Rippowam Cisqua School, which is also being reported in Column D. In 2019, Colm MacMahon received $40,675, Matthew Hall received $39,400, Erin Callaghan received $40,675, and Miles Cameron received $55,463 in family tuition remission. A Westchester County Local Development Corporation 455135576 2016-06-28 25000000 New Project for Reconstruction and Renovations; Refunding Series 1999 Bonds 0 0 0 A 2311699 25017331 234398 18552803 6230116 2017 1 0 1 1 A 0 0 1 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 Schedule K, Part II, Line 3: The total proceeds do not agree to the issue price in Part I, Col. (e) due to investment earnings. Schedule K, Part II, Line 11: The bond proceeds were used to currently refund a prior issue. Colm MacMahon Officer of the School Personal Loan X 59488 14077 0 1 0 14077 59475 need based aid financial aid Caroline Mockbridge Sister of Page Vincent, Trustee 77214 Employment 0 X 11 218606 Avg. Selling Price 0 0 0 0 Part I, Column (b): The organization is reporting the number of contributors. Form 990, Part VI, Section B, line 11b The School has its Form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. After the Form 990 has been prepared, the Finance Committee reviews and approves the full Form 990. A public disclosure copy of the form is then electronically sent to the board. After the return is sent to the board, it is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Each Director, Officer, and Key Employee shall annually sign and submit to the Secretary of the School a statement which affirms such person: (a) has received a copy of the Conflict of Interest Policy, (b) has read and understands the Policy, and (c) has agreed to comply with the Policy. Prior to a Director's initial election to the Board, or an Officer or Key Employee's employment at the School, and thereafter on an annual basis, all Directors, Officers, and Key Employees shall disclose in writing to the Secretary of the School: (i) Any entity of which such person or a Relative of such person is an officer, director, trustee, member, owner, or employee and with which the School has a relationship, (ii) Any Financial Interest such person may have in any School, organization, partnership or other entity which provides professional or other goods or services to School for a fee or other compensation, and (iii) Any position or other material relationship such Director, Officer, Key Employee, or Relative of such person, may have with any not-for-profit School with which the School has a business relationship. A copy of each disclosure statement shall be kept in School's files and made available to any Director, Officer, or Key Employee upon request. Any Related Party shall disclose in good faith all material facts of his or her Financial Interest to the Chair of the Board and the appropriate Committee. All transactions, agreements or any other arrangements between the School and a Related Party, and any other transactions which may involve a potential conflict of interest, shall be reviewed by the Independent Directors of the Board. All Related Parties with a Financial Interest shall leave the room in which such deliberations are conducted. However, Related Parties are not prohibited from providing information regarding the transaction to the Board prior to the Board's deliberations. No Director or Officer shall vote, act, or attempt to influence improperly the deliberations on any matter in which he or she has been determined by the Board to have a Financial Interest. Any attempt to vote, act, or improperly influence deliberations by a Related Party on any matter with which such person has a Financial Interest may be grounds for disciplinary action, including possible removal from the Board or termination from the School. The Independent Directors of the Board will determine whether the contemplated Related Party Transaction is fair, reasonable, and in the best interests of the School at the time of such determination. The School will not enter into any Related Party Transaction unless it is determined to be fair, reasonable and in the best interest of the School at the time of such determination. Form 990, Part VI, Section B, line 15 The Compensation Committee is provided comparable data derived from the NAIS DASL program using similar local schools in the area for the compensation determination and review of Senior Administration. Deliberations and decisions regarding the compensation review process and approval are documented in the board minutes. The compensation review process was last undertaken in fiscal year 2020. Form 990, Part VI, Section C, line 19 The School's 990 is posted on guidestar.org. In addition, the governing documents, conflict of interest policy, financial statements, and Form 990 are available upon request. Form 990, Part XI, line 9: Actuarial Post Retirement Benefit Adjustment 51,520. Loss on Disposal of Assets -141. Form 990, Part XII, Line 2c: The school has an audit committee that assumes the responsibility for overseeing the audit and selecting the independent auditor. This process has not changed from previous years.