2021-11-15T14:21:07-06:00 2020-12-31 043728817 TRONCONI SEGARRA & ASSOCIATES LLP 8321 MAIN STREET WILLIAMSVILLE NY 14221 990 2020-02-14 844813183 BRYANT & STRATTON COLLEGE INC BRYA 7162507500 200 REDTAIL ROAD SYSTEMS OFFICE ORCHARD PARK NY 14127 CHRISTOPHER GERACE VP & CFO 7162507500 2021-11-15 1 CHRISTOPHER GERACE XXX-XX-XXXX MICHAEL B DOLAN CPA P00141357 7166331373 2021-11-15 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X FRANCIS FELSER 200 REDTAIL ROAD SYSTEMS OFFICE ORCHARD PARK NY 14127 106920811 0 X WWW.BRYANTSTRATTON.EDU X 2020 NY BRYANT & STRATTON COLLEGE OFFERS A PERSONALIZED CAREER EDUCATION AND EXPERIENCE LEADING TO HIGH-DEMAND PROFESSIONS SO GRADUATES ARE PREPARED FOR THEIR CAREERS AND LIFE PURSUITS. 7 5 3077 5 0 0 85236616 21676657 7538 0 106920811 3102858 0 8749734 0 0 9690275 21542867 85377944 136694091 51316147 85377944 BRYANT & STRATTON COLLEGE OFFERS A PERSONALIZED CAREER EDUCATION AND EXPERIENCE LEADING TO HIGH-DEMAND PROFESSIONS SO GRADUATES ARE PREPARED FOR THEIR CAREERS AND LIFE PURSUITS. 0 0 18198308 3102858 21051898 OPERATE A HIGHER EDUCATION SCHOOL THAT PREPARES STUDENTS FOR FUTURE SUCCESS BY NOT ONLY TEACHING CAREER SKILLS BUT ALSO LIFE SKILLS INCLUDING IMPORTANT INTANGIBLES LIKE CRITICAL THINKING, INTERPERSONAL SKILLS, PROBLEM SOLVING, TEAM WORK AND TIME MANAGEMENT. BY PROVIDING THESE EXPERIENCES OUR STUDENTS WILL BE ABLE TO THRIVE AND REACH THEIR DESIRED FUTURE. 18198308 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 64 0 3077 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X CHRISTOPHER GERACE 7162507500 200 REDTAIL ROAD SYSTEMS OFFICE ORCHARD PARK NY 14127 FRANCIS FELSER PRESIDENT, CHIEF EXECUTIVE OFFICER 50.00 X X 24038 0 0 DR MARIE CINI DIRECTOR - CHAIR 2.00 X 0 0 0 LILY GARCIA WALTON DIRECTOR - VICE CHAIR 2.00 X 0 0 0 BRYANT H PRENTICE III DIRECTOR 2.00 X 0 0 0 ALEX BRNILOVICH DIRECTOR 2.00 X 0 0 0 JOHN RUTHERFORD DIRECTOR 2.00 X 0 0 0 GARY BROST DIRECTOR 2.00 X 0 0 0 DAVID VADEN VP & CHIEF OPERATING OFFICER 50.00 X 33654 0 0 CHRISTOPHER GERACE VP & CHIEF FINANCIAL OFFICER 50.00 X 26442 0 0 DOREEN JUSTINGER VP OF ONLINE ED. & CIO 50.00 X 24038 0 0 TRACY NANNERY VP & CHIEF ENROLLMENT OFFICER 50.00 X 21635 0 0 ANNE LORIA SECRETARY & VP OF R,S,P & A 50.00 X 19231 0 0 149038 0 0 0 0 0 0 GOOGLE INC PO BOX 39000 DEPT 33654 SAN FRANCISCO CA 94139 MARKETING 1038392 VITAL DIGITAL GROUP INC 814 FULTON ST FARMINGDALE NY 11735 MARKETING 1035970 FACEBOOK 1 HACKER WAY MENLO PARK CA 94025 MARKETING 439459 EBSCO SUBSCRIPTION SERVICE PO BOX 204661 DALLAS TX 75320 DIGITAL LIBRARY 422937 TRI DELTA RESOURCE CORP 15 NORTH ST CANANDAIGUA NY 14424 COMPUTER HARDWARE 421530 14 1075555 84161061 64636394 85236616 TUITION REVENUE 900099 20714673 20714673 BOOK SALES 900099 439818 439818 ROOM AND BOARD 900099 337225 337225 MERCHANDISE SALES 900099 184941 0 184941 21676657 7538 7538 106920811 21051898 0 632297 3102858 3102858 149038 149038 7303631 6249455 1054176 264370 170951 93419 495066 320127 174939 537629 428233 109396 551802 36234 515568 3390772 3390772 103144 103144 431399 228350 203049 1761581 1321186 440395 98343 98343 77440 77440 836204 703733 132471 75973 75973 BAD DEBT 1406962 1406962 BOOKSTORE EXPENSES 479874 479874 MAINTENANCE & REPAIRS 200151 150113 50038 DUES & SUBSCRIPTIONS 75170 75170 201460 134290 67170 21542867 18198308 3344559 0 18013796 11308696 2033429 3736804 35565282 651895 0 34913387 65374570 0 1313409 0 136694091 12598959 7729920 30987268 0 51316147 X 85377944 0 85377944 0 136694091 85377944 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24015039 392038 23623001 11550243 259857 11290386 34913387 103817953 0 103817953 3102858 3102858 106920811 18440009 0 18440009 3102858 3102858 21542867 PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REMOVED FROM NET TUITION 3,102,858. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REMOVED FROM NET TUITION 3,102,858. 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 POLICY IS PUBLISHED IN ALL OF THE COLLEGE'S PAMPHLETS, CATALOGUES, BROCHURES AND OTHER PRINTED MATERIAL. THE POLICY IS ALSO VISIBLE ON THE COLLEGE'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FROM THE US GOVERNMENT, INCLUDING US DEPARTMENT OF EDUCATION, THE PELL GRANT, AND THE FSEOG. THE COLLEGE ALSO RECEIVED STATE AID FROM NEW YORK STATE, INCLUDING: THE NYS TAP PROGRAM AND THE ENHANCED TUITION AWARD. 1 STUDENT FINANCIAL AID PROGRAM 4883 3102858 PART I, LINE 2: GRANTS AND STUDENT FINANCIAL AID ARE PROVIDED TO STUDENTS MEETING THE ORGANIZATION'S CRITERIA. THE FUNDS ARE CREDITED TO EACH STUDENTS ACCOUNT AND THE OFFICE OF FINANCIAL AID IS RESPONSIBLE FOR MONITORING THE GRANTS AND EACH STUDENTS BALANCE. PRENTICE REALTY INC DIRECTOR OWNS INDIRECT MEMBERSHIP INTEREST IN ENTITY GENERAL WORKING CAPITAL X 798532 798532 0 1 1 798532 PRENTICE REALTY INC DIRECTOR OWNS INDIRECT MEMBERSHIP INTEREST IN ENTITY 236166 THE ORGANIZATION LEASES TWO CAMPUS LOCATIONS FROM PRENTICE REALTY INC. BRYANT H. PRENTICE, III, DIRECTOR, OWNS AN INDIRECT MEMBERSHIP INTEREST IN PRENTICE REALTY INC. 0 B&S ALBANY CAMPUS GROUP LLC DIRECTOR AND OFFICERS OWN INDIRECT MEMBERSHIP INTEREST IN ENTITY 27388 THE ORGANIZATION LEASES ONE CAMPUS LOCATIONS FROM B&S ALBANY CAMPUS GROUP LLC. BRYANT H. PRENTICE, III, DIRECTOR, FRANCIS FELSER, PRESIDENT & CEO AND DAVID VADEN, VICE PRESIDENT & COO ARE INDIRECT MEMBERS OF B&S ALBANY CAMPUS GROUP LLC. 0 X EDUCATIONAL ASSETS 0 64636394 FAIR MARKET VALUE 1 0 0 0 FORM 990, SCHEDULE M, PART I, LINE 25: ON NOVEMBER 24, 2020 ALMOST ALL OF THE EDUCATIONAL ASSETS OF BRYANT & STRATTON COLLEGE, INC. (CURRENTLY KNOWN AS PRENTICE REALTY INC.) WERE DONATED TO BRYANT & STRATTON, INC. AND THE NAME SUBSEQUENTLY CHANGED TO BRYANT & STRATTON COLLEGE, INC. (FILING ORGANIZATION). THE FAIR VALUE OF THE DONATION IS BASED ON THIRD PARTY VALUATIONS AND THE ALLOCATION OF THE FAIR VALUE OF THE NET ASSETS CONTRIBUTED BASED ON BELOW: ASSETS DONATED ACCOUNTS RECEIVABLE 31,736,901 INVENTORY 2,329,488 PREPAIDS AND OTHER ASSETS 3,833,993 PROPERTY AND EQUIPMENT 35,009,323 TRADE NAME 45,100,000 GOODWILL 20,478,891 TOTAL ASSETS CONTRIBUTED 138,488,596 LIABILITIES ASSUMED LONG-TERM DEBT 7,640,677 REVOLVING LINE OF CREDIT 6,000,000 ACCOUNTS PAYABLE 4,952,130 ACCRUED EXPENSES 8,783,230 UNEARNED TUITION 31,270,336 CAPITAL LEASE OBLIGATION 8,119,162 POSTRETIREMENT LIABILITY 7,086,667 TOTAL LIABILITIES ASSUMED 73,852,202 TOTAL ASSETS DONATED AND LIABILITIES ASSUMED, NET $64,636,394 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS THE PRENTICE FAMILY FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATION SHALL HAVE TWO CLASSES OF DIRECTORS: CLASS A - THE CLASS A DIRECTORS SHALL BE ELECTED BY THE SOLE MEMBER (THE PRENTICE FAMILY FOUNDATION). THERE SHALL AT ALL TIMES BE TWO CLASS A DIRECTORS; CLASS B - THE CLASS B DIRECTORS SHALL BE ELECTED BY THE INDIVIDUALS WHO ARE THEN SERVING AS DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BODY REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY ANNUALLY TO ACKNOWLEDGE THE REQUIREMENT TO SELF-DISCLOSE ANY POTENTIAL CONFLICTS AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION ENGAGES A THIRD PARTY TO PERFORM A COMPENSATION SURVEY AND ALL POTENTIAL COMPENSATION PACKAGES FOR THE OFFICERS AND KEY EMPLOYEES ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND ADMINISTRATIVE BOARD. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS WILL OVERSEE THE AUDIT FROM AN INDEPENDENT ACCCOUTING FIRM AND WILL REVIEW THE FINANCIAL STATEMENTS ON AN ANNUAL BASIS.