2020-02-27T11:19:33-06:00 2019-06-30 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2018-07-01 751022742 GREENHILL SCHOOL GREE 9726285400 4141 SPRING VALLEY ROAD ADDISON TX 75001 KENDRA GRACE CFO/COO 9726285400 2020-02-26 1 KELLY M GILLETTE P00548846 9726611843 2020-02-24 136.34.73.103 2020-02-26 08:18:48 CS P B031F1490CEF91DE0132CAEEA8A8A395CB876CEC F5FB8C0FDA240AA2D0EC4EBDAD9DEA85C7008270 2018 2020-09-23 17:36:50Z LEE HARK 4141 SPRING VALLEY ROAD ADDISON TX 75001 128003310 0 X GREENHILL.ORG X 1950 TX FOUNDED IN 1950, GREENHILL SCHOOL IS A LEADING INDEPENDENT, COEDUCATIONAL DAY SCHOOL IN THE GREATER DALLAS AREA, SERVING 1,318 STUDENTS IN GRADES PRE-K THROUGH 12. 40 40 614 820 65384 0 2718351 3679315 40218378 42479356 2101123 2056959 531981 868017 45569833 49083647 4512491 4600890 0 0 27257826 28864309 0 0 1110535 12942913 13576668 44713230 47041867 856603 2041780 150714561 145333297 37286379 28710764 113428182 116622533 GREENHILL SCHOOL IS A DIVERSE COMMUNITY OF LEARNERS THAT STRIVES FOR EXCELLENCE, VALUES INDIVIDUALITY, FOSTERS A PASSION FOR LEARNING, PROMOTES THE BALANCED DEVELOPMENT OF MIND, BODY, AND CHARACTER, ENCOURAGES SERVICE, AND INSTILLS A RESPECT FOR OTHERS. 0 0 40023717 4600890 42479356 DURING THE FISCAL YEAR ENDED JUNE 30, 2019. GREENHILL SCHOOL PROVIDED QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,318 STUDENTS IN GRADES PRE-K THROUGH 12. 40023717 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 115 1 1 614 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 40 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC HI MD MA MI NH OR SC WA X KENDRA GRACE 9726285517 4141 SPRING VALLEY ROAD ADDISON TX 75001 BRUCE SOSTEK BOARD CHAIR 5.00 X X 0 0 0 HOLLAND P GARY ASSISTANT CHAIR/SECRETARY 1.00 X X 0 0 0 ROY KIM TREASURER 1.00 X 0 0 0 LESLIE BENNER TRUSTEE 1.00 X 0 0 0 YASMIN BHATIA TRUSTEE 1.00 X 0 0 0 JOE CHU TRUSTEE 1.00 X 0 0 0 ALBERTINA M CISNEROS TRUSTEE 1.00 X 0 0 0 CHRISTOPHER I CLARK TRUSTEE 1.00 X 0 0 0 KOSHI DHINGRA ED D TRUSTEE 1.00 X 0 0 0 ANGELA ADKINS DOWNES TRUSTEE 1.00 X 0 0 0 AARON ENRICO TRUSTEE 1.00 X 0 0 0 LAUREN PRITCHARD GOODMAN TRUSTEE, ALUM BOARD PRES, EX-OFFICIO 1.00 X 0 0 0 DAVID C GREENSTONE TRUSTEE 1.00 X 0 0 0 JAY HENRY TRUSTEE 1.00 X 0 0 0 KARLYN HERLITZ TRUSTEE 1.00 X 0 0 0 ZACK HICKS TRUSTEE 1.00 X 0 0 0 RACHEL LADIN TRUSTEE 1.00 X 0 0 0 JET LI TRUSTEE 1.00 X 0 0 0 E PIERCE MARSHALL JR TRUSTEE 1.00 X 0 0 0 MARLO MELUCCI TRUSTEE 1.00 X 0 0 0 RICH MOSES TRUSTEE 1.00 X 0 0 0 REBEKAH NEWMAN TRUSTEE, PARENTS ASSOC PRES, EX-OFFICIO 1.00 X 0 0 0 TERRY OXFORD TRUSTEE 1.00 X 0 0 0 ADRIANA PERALES TRUSTEE 1.00 X 0 0 0 DAVID PODOLSKY TRUSTEE 1.00 X 0 0 0 KAITLINE PRIEUR TRUSTEE 1.00 X 0 0 0 TRACY RATHBUN TRUSTEE 1.00 X 0 0 0 WILLIAM E ROSE TRUSTEE 1.00 X 0 0 0 AUGUSTO SASSO TRUSTEE 1.00 X 0 0 0 ASHLEY SCHEER TRUSTEE 1.00 X 0 0 0 GRACE SMITH TRUSTEE 1.00 X 0 0 0 PATRICIA SMITH TRUSTEE 1.00 X 0 0 0 BHARTI SUBRAMANIAN PHD TRUSTEE 1.00 X 0 0 0 BETH THOMAS TRUSTEE 1.00 X 0 0 0 CLIFFORD WEINER TRUSTEE 1.00 X 0 0 0 LINDA WIMBERLY TRUSTEE 1.00 X 0 0 0 JEFF ZLOTKY TRUSTEE 1.00 X 0 0 0 DANIEL T PHILLIPS LIFETIME TRUSTEE 1.00 X 0 0 0 MOLLY FULTON SEELIGSON LIFETIME TRUSTEE 1.00 X 0 0 0 RUSTY JAGGERS LIFETIME TRUSTEE 1.00 X 0 0 0 LEE HARK START 718 HEAD OF SCHOOL, EX-OFFICIO 60.00 X 258214 0 59459 KENDRA GRACE CFO/COO 50.00 X 254266 0 33163 MICHAEL SIMPSON HEAD OF LOWER SCHOOL 50.00 X 208626 0 66968 TREVOR WORCESTER HEAD OF UPPER SCHOOL 50.00 X 167562 0 40603 SUSAN T PALMER HEAD OF MIDDLE SCHOOL 50.00 X 160579 0 20583 CHAD A WABREK DIRECTOR OF ATHLETICS 50.00 X 152541 0 26493 THOMAS R PERRYMAN ASSIST. HEAD OF SCHOOL 50.00 X 145199 0 24976 SCOTT GRIGGS THRU 618 HEAD OF SCHOOL, EX-OFFICIO 60.00 X 469090 0 21756 1816077 0 294001 48 1 1 0 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 DINING SERVICES 1529871 SELECT COMMERCIAL SERVICES LLC 1801 ROYAL LANE SUITE 110 DALLAS TX 75229 CUSTODIAL SERVICES 666865 KNIGHT SECURITY SYSTEM LLC 10105 TECHNOLOGY BLVD WEST 100 DALLAS TX 75220 SECURITY SERVICES 357882 YELLOW ROSE LANDSCAPE SERVICES INC 4325 REEDER DR CARROLLTON TX 75010 LANDSCAPING SERVICES 352793 BLACKALL MECHANICAL INC 3724 ARAPAHO ROAD ADDISON TX 75001 HVAC AND PLUMBING 192414 15 232236 3447079 215772 3679315 TUITION AND FEES 611110 37455948 37455948 SUMMER PROGRAMS 713990 1653944 1653944 CAFETERIA 722210 1616712 1616712 EXTEDNED DAY 611110 918639 918639 CHILD DEVELOPMENT CENT 611110 391544 391544 442569 366682 75887 42479356 1629632 -10503 1640135 27323 27323 490013 10920 479093 479093 479093 78914561 22500 78503566 6168 410995 16332 427327 427327 363472 232236 147170 216302 216302 20153 13160 6993 6993 376985 238679 138306 138306 49083647 42403469 65384 2935479 4600890 4600890 603824 484871 103254 15699 72738 72738 20815205 17467512 2767267 580426 1078039 848855 199113 30071 4798014 3750238 905602 142174 1496489 1180807 276529 39153 2826 2826 87406 87406 189677 189677 2172808 1662556 492856 17396 84787 84787 1131460 898159 133787 99514 733209 605667 111281 16261 1972790 1890404 72807 9579 697444 639940 35950 21554 148652 108161 36597 3894 3438181 3290339 130651 17191 482193 387201 82455 12537 CAFETERIA 1538237 1538237 INSTRUCTIONAL EXPENSE 562671 519903 42768 OTHER EXPENSE 334327 77239 152002 105086 47041867 40023717 5907615 1110535 9575 3670 21837179 19446805 8883322 6066202 6941004 74318 91201 99562 86423 93047 1737419 1601537 112959382 57008726 57349689 55950656 28925101 26880080 24725583 35058281 119704 67500 150714561 145333297 2534204 2552103 34632471 26091161 119704 67500 37286379 28710764 X 89021557 95573305 14757139 0 9649486 21049228 113428182 116622533 150714561 145333297 X 2041780 1232004 -79433 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 187174 X X 1 39822029 3566750 2528065 159850 1234690 44522304 35673471 605322 2594166 157066 -1106136 39822029 39807757 494719 3456950 156060 7929895 35673471 49016695 577130 -623233 155540 9007295 39807757 50238956 615280 554881 146230 2246192 49016695 0.66990 0.33010 0.00000 1 0 253345 253345 93582870 39050342 54532528 12286120 11795095 491025 6837047 6163289 673758 55950656 COMMONFUND - CAPITAL PARTNERS 2000 51941 F LANDMARK EQUITY PARTNERS XIV 67926 F ADAMS STREET PARTNERS - 2017 FUND PROGRAM 1064174 F SCHWAB VARIABLE SHARE (SVUXX) 18925271 F SKYBRIDGE MULTI ADVISOR G 2387388 F SCHWAB S&P 500 INDEX FUND (SWPPX) 12561581 F 35058281 NONQUALIFIED DEFERRED COMP 67500 67500 X 45974933 1232004 -4600890 -3368886 49343819 189677 -449849 -260172 49083647 42780582 529282 529282 42251300 189677 4600890 4790567 47041867 PART III, LINE 4: OVER A PERIOD OF TIME THE SCHOOL HAS RECEIVED CONTRIBUTIONS OF WORKS OF ART AND FURNISHINGS TO BE EXHIBITED IN VARIOUS LOCATIONS ON THE CAMPUS. THESE ITEMS HAVE BEEN CAPITALIZED AS COLLECTIONS. THE COLLECTIONS ARE RECORDED AT APPRAISED VALUE WHEN DONATED. THE SCHOOL UNDERTAKES TO CARE FOR, PROTECT, AND PRESERVE SUCH CONTRIBUTED WORKS OF ART AND FURNISHING. COLLECTION ITEMS ARE INSPECTED PERIODICALLY AND REPAIRED AS REQUIRED. PART X, LINE 2: WE ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) OF 1986, AS AMENDED, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC AS EVIDENCED BY ITS DETERMINATION LETTER DATED MARCH 1953. WE HAVE BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(1) AND, AS SUCH, CONTRIBUTIONS TO THE SCHOOL QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS PURSUANT TO IRC SECTION 170(A)(1). HOWEVER, INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE SCHOOL'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER IRC SECTION 511. WE DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME OR RELATED TAX LIABILITY FOR THE YEAR ENDED JUNE 30, 2019. WE FOLLOW THE GUIDANCE OF ACCOUNTING STANDARDS CODIFICATION 740, INCOME TAXES, RELATED TO UNCERTAINTIES IN INCOME TAXES, WHICH PRESCRIBES THRESHOLDS OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. WE BELIEVE WE HAVE NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -4,600,890. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -409,929. OTHER -39,920. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF UNCOLLECTIBLE BALANCES 79,433. COST OF GOODS SOLD 409,929. OTHER 39,920. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,600,890. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 GREENHILL SCHOOL PRINTS A NON-DISCRIMINATORY STATEMENT PUBLISHED ON WEBSITE AND ON ALL PUBLICATIONS PROVIDED TO FAMILIES/STUDENTS. GALA 595708 232236 363472 1406 21827 66943 17244 39750 595708 232236 363472 1406 21827 66943 17244 39750 147170 216302 20153 10265 2895 1 1.00000 20153 10265 2895 13160 6993 TX 0 THE ONLY GAMING ACTIVITIES OF THE SCHOOL ARE RAFFLES COVERED BY THE TEXAS CHARITABLE ENABLING ACT. THE SCHOOL ADHERES TO THIS ACT. 0 1 0 1.00000 BRENT WHEELIS 4141 SPRING VALLEY RD ADDISON TX 75001 0 ANN CARTER 0 SUPERVISION OF RAFFLE TICKET SALES/PRIZE AWARDING. X 0 1 FINANCIAL AID 239 4600890 FMV TUITION PART I, LINE 2: NEED-BASED FINANCIAL AID TO VARIOUS STUDENTS. SCHEDULE I, PART I LINE 2 ALL GRANTS ARE PROVIDED AS A DISCOUNT TO THE TUITION THAT IS BILLED TO EACH FAMILY. CASH IS NOT PROVIDED TO THE GRANTEE. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 LEE HARK START 718 HEAD OF SCHOOL, EX-OFFICIO 181227 0 0 0 76987 0 9375 0 50084 0 317673 0 0 0 KENDRA GRACE CFO/COO 247947 0 0 0 6319 0 12475 0 20688 0 287429 0 0 0 MICHAEL SIMPSON HEAD OF LOWER SCHOOL 155232 0 0 0 53394 0 9780 0 57188 0 275594 0 0 0 TREVOR WORCESTER HEAD OF UPPER SCHOOL 159624 0 222 0 7716 0 12112 0 28491 0 208165 0 0 0 SUSAN T PALMER HEAD OF MIDDLE SCHOOL 160579 0 0 0 0 0 12720 0 7863 0 181162 0 0 0 CHAD A WABREK DIRECTOR OF ATHLETICS 145428 0 0 0 7113 0 7400 0 19093 0 179034 0 0 0 THOMAS R PERRYMAN ASSIST. HEAD OF SCHOOL 145199 0 0 0 0 0 12420 0 12556 0 170175 0 0 0 SCOTT GRIGGS THRU 618 HEAD OF SCHOOL, EX-OFFICIO 249128 0 0 0 219962 0 17388 0 4368 0 490846 0 19704 0 PART I, LINE 1A THE FORMER HEAD OF THE SCHOOL RECEIVED A HOUSING ALLOWANCE; AMOUNTS ARE REPORTED AS TAXABLE COMPENSATION. THE HOUSING ALLOWANCE FOR CALANDER YEAR 2018 WAS 25,000 PART I, LINE 4B FORMER HEAD OF SCHOOL ENTERED INTO A CONSULTING AGREEMENT WITH THE SCHOOL FOR FIVE YEARS OF QUARTERLY PAYMENTS BEGINNING 9/30/2018. LEE HARK OFFICER HOME DOWN PAYMENT X 99562 91201 0 1 1 91201 NATHANIEL REID - GRIGGS FAMILY MEMBER OF FORMER OFFICER 72738 COMPENSATION TO EMPLOYEE 0 SCOTT GRIGGS FORMER OFFICER 149040 CONSULTING AGREEMENT 0 X 16 14215 FMV X 11598 FMV X 14 52078 FMV X MEALS & ENTERTAINMENT 127 101631 FMV X TRAVEL/TRIPS 10 36250 FMV 0 0 1 1 PART I, COLUMN (B): THIS IS THE NUMBER OF CONTRIBUTIONS MADE NOT THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: THE ORGANIZATION USES THE SERVICES OF A THIRD PARTY, RAYMOND JAMES, TO LIQUIDATE NON-CASH STOCK DONATIONS. SUCH LIQUIDATION IS USUALLY UNDERTAKEN WITHIN DAYS OF RECEIPT OF THE CONTRIBUTION. FORM 990, PART VI, SECTION A, LINE 1 PER ARTICLE V, SECTION 51 OF THE ORGANIZATION'S BYLAWS, THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF UP TO FOURTEEN TRUSTEES, INCLUDING THE CHAIR, THE CHAIR-ELECT, THE SECRETARY/ASSISTANT CHAIR, THE TREASURER, THE CHAIRPERSONS OF ALL COMMITTEES, AND AT-LARGE MEMBERS NOMINATED BY THE CHAIR AT HIS OR HER DISCRETION. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL POWER AND AUTHORITY VESTED IN THE BOARD IN THE MANAGEMENT OF THE BUSINESS, PROPERTY, AND AFFAIRS OF THE ORGANIZATION (INCLUDING, WITHOUT LIMITATION, THE ADOPTION OF ADVISORY POLICIES WITH RESPECT TO THE MANAGEMENT AND OPERATIONS OF THE ORGANIZATION), EXCEPT IN RESPECT OF REMOVAL OR ELECTION OF TRUSTEES AND OFFICERS OF THE CORPORATION AND AMENDMENT OF THE BYLAWS, AND ALL SHALL HAVE SUCH OTHER POWER AND AUTHORITY AS SHALL BE EXPRESSLY DELEGATED TO IT BY THE BOARD BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES, THEN IN OFFICE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND PRESENTED TO THE AUDIT COMMITTEE BY OUR OUTSIDE CPA FIRM, THE AUDIT COMMITTEE CHAIR THEN PRESENTS IT TO THE BOARD OF TRUSTEES FOR FINAL APPROVAL. A COPY IS PROVIDED TO ALL VOTING BOARD MEMBERS USING A SECURE WEB PORTAL. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS DISTRIBUTED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS, AS WELL AS ALL EMPLOYEES WITH PURCHASING RESPONSIBILITY. THE POLICY IS INCLUDED IN THE BOARD OF TRUSTEES MANUAL AND THE EMPLOYEE POLICIES AND PROCEDURES MANUAL. THE POLICY REQUIRES THE DISCLOSURE OF ANY COMPENSATION RECEIVED FROM THE ORGANIZATION AND ANY RELATIONSHIPS WITH RELATED PARTIES (REPORTED IN FORM 990, PART VI AND SCHEDULE 0). AT EACH COMMITTEE AND BOARD MEETING, MEMBERS ARE EXPECTED TO COMPLY WITH THE POLICY. ANY BOARD MEMBERS WITH A POTENTIAL CONFLICT OF INTEREST ARE EXPECTED TO RECUSE THEMSELVES FROM ANY RELEVANT ISSUE AND THE RECUSAL IS REFLECTED IN THE MINUTES OF THAT MEETING. IF THAT MATTER INVOLVES AN ADMINISTRATOR, FACULTY MEMBER OR OTHER EMPLOYEE, HE OR SHE SHOULD ADVISE THE HEAD OF SCHOOL. IF THE MATTER INVOLVES THE CHAIR OF THE BOARD, HE OR SHE SHOULD ADVISE THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE, THE CHAIR OF THE BOARD, THE HEAD OF SCHOOL, OR THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE. AS THE CASE MAY BE, SHOULD THEN CONSULT WITH SUCH PERSONS, PROVIDE SUCH GUIDANCE AND TAKE SUCH ACTION AS HE, SHE, OR IT CONSIDERS APPROPRIATE TO ADDRESS THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF THE SCHOOL'S COMPENSATION IS OUTLINED IN HIS CONTRACT WHEN THE CONTRACT IS UP FOR RENEWAL, THE COMPENSATION COMMITTEE BENCHMARKS THE COMPENSATION AGAINST OTHER SCHOOLS AND OUTLINES EACH YEAR'S COMPENSATION IN THE CONTRACT. THE CFO/COO'S COMPENSATION IS BASED UPON EXPERIENCE. THE CFO/COO RECEIVES THE MERIT INCREASE FOR ADMINISTRATORS AS ESTABLISHED ANNUALLY BY THE BOARD. BOTH THE HEAD OF SCHOOL AND CFO/COO'S COMPENSATIONS ARE ADDITIONALLY REVIEWED EACH YEAR BY THE AUDIT AND RISK MANAGEMENT COMMITTEE IN COMPLIANCE WITH INTERMEDIATE SANCTION REGULATIONS AND ALL DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XI, LINE 9: WRITE-OFF OF UNCOLLECTIBLE BALANCES -79,433. FORM 990, PART XII, LINE 2C: GREENHILL SCHOOL HAS AN AUDIT AND RISK MANAGEMENT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE ANNUAL FINANCIAL STATEMENT AUDIT AND THE RESULTING FINANCIAL STATEMENTS. THE AUDIT AND RISK MANAGEMENT COMMITTEE IS ALSO RESPONSIBLE FOR ASSESSING AND SELECTING THE EXTERNAL AUDIT FIRM OF GREENHILL SCHOOL. GREENHILL SCHOOL DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS FOR THE APPOINTMENT OF THE EXTERNAL AUDIT FIRM DURING THE TAX YEAR CURRENTLY REPORTED ON.