2020-05-01T13:18:46-05:00 2019-06-30 BKD LLP 375 N Shore Drive Suite 501 Pittsburgh PA 152125866 990 2018-07-01 250965558 SEWICKLEY ACADEMY % KAREN MCAVOY SEWI 4127412230 315 ACADEMY AVENUE SEWICKLEY PA 15143 KAREN MCAVOY DIR OF FINANCE & OPS 4127412230 2019-11-15 true David Bluemling P00347531 4123649395 167.68.126.162 25502420201225000000 2020-05-01 P 3C9C56E1B3433D2229A0278EBD8C1659CFCCA14E A37338CF234A9C951063D75A8D26CA3D5AD993B5 2018 2021-01-29 14:40:06Z KAREN MCAVOY 315 ACADEMY AVENUE SEWICKLEY PA 15143 22071493 false X WWW.SEWICKLEY.ORG X 1838 PA OPERATION OF A PRIVATE SCHOOL FOR EDUCATIONAL PURPOSES. 19 19 207 16 0 0 1583907 1196816 16271889 17310144 1261198 1799472 146175 265474 19263169 20571906 2192649 2328072 0 0 12047340 12302474 0 885 591330 5584551 6003878 19824540 20635309 -561371 -63403 77727546 76056124 10695592 9525381 67031954 66530743 SEWICKLEY ACADEMY INSPIRES AND EDUCATES STUDENTS TO ENGAGE THEIR HEARTS, MINDS, AND HANDS TO CULTIVATE THEIR FULL INDIVIDUAL AND COLLECTIVE POTENTIAL IN THE SERVICE OF A GREATER GOOD. false false 16208004 2328072 17342716 AS PITTSBURGH'S OLDEST CO-EDUCATIONAL COLLEGE PREPARATORY, INDEPENDENT DAY SCHOOL, SEWICKLEY ACADEMY PREPARES ITS OVER 594 STUDENTS FOR A LIFETIME OF SUCCESS BY INSPIRING THEM TO REACH THEIR FULL POTENTIAL AS CURIOUS, COURAGEOUS, AND COMPASSIONATE LEARNERS. THE STUDENT BODY IS HIGHLY DIVERSE AND RESIDE IN VARIOUS SCHOOL DISTRICTS IN THE TRI-STATE AREA. EXCEPTIONAL PROGRAMS, SMALL CLASSES, AND TALENTED FACULTY HELP STUDENTS BECOME CONSCIENTIOUS LEADERS, CRITICAL THINKERS, AND RESPONSIBLE MEMBERS OF A GLOBAL COMMUNITY. ACHIEVEMENTS CAN BE FOUND AT THE ACADEMY'S WEBSITE. 16208004 true true false false false false false false false true true true false false true false true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 245 0 207 true false false false false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true true false PA X KAREN MCAVOY 4127412230 315 ACADEMY AVENUE SEWICKLEY PA 15143 X MRS MARGARET SHIELDS GILFILLAN SECRETARY 1.0 0.0 X X 0 0 0 MR TOM HEWITT TREASURER 1.0 0.0 X X 0 0 0 MR KEVIN PARK MEMBER-AT-LARGE 1.0 0.0 X 0 0 0 MS KATE POPPENBERG PIGMAN CHAIR 1.0 0.0 X X 0 0 0 MR DOUGLAS ALLEN TRUSTEE 1.0 0.0 X 0 0 0 MR BRADLEY BUSATTO VICE CHAIR 1.0 0.0 X X 0 0 0 MRS KRISTEN HAMMEL TRUSTEE 1.0 0.0 X 0 0 0 MS GRETCHEN HANSEN TRUSTEE 1.0 0.0 X 0 0 0 MR KRIS LIGHTCAP TRUSTEE 1.0 0.0 X 0 0 0 MR PAUL O'NEILL JR TRUSTEE 1.0 0.0 X 0 0 0 ASHVIN RAGOOWANSI MD TRUSTEE 1.0 0.0 X 0 0 0 MRS JENNA STEVENSON TRUSTEE 1.0 0.0 X 0 0 0 MR AARON WASHINGTON TRUSTEE 1.0 0.0 X 0 0 0 MR KOLIA J O'CONNOR HEAD OF SCHOOL 55.0 0.0 X X 344500 0 90182 MS JANELLE ASLAM PRESIDENT OF HOME AND SCHOOL 1.0 0.0 X 0 0 0 MS RACHEL LOREY ALLEN TRUSTEE 1.0 0.0 X 0 0 0 Ms Ngozi Maduka-Okorafor Trustee 1.0 0.0 X 0 0 0 Mr Michael Brocks Trustee 1.0 0.0 X 0 0 0 Ms Ashley Brown Birtwell Trustee 1.0 0.0 X 0 0 0 Ms Karen Mcavoy DIRECTOR OF FINANCE & OPS 55.0 0.0 X 176000 0 20163 MR BRENDAN SCHNEIDER DIRECTOR OF ADVANCEMENT 55.0 0.0 X 136634 0 21463 MR WIN PALMER ATHLETIC DIRECTOR 55.0 0.0 X 145234 0 15180 MR PETER LAU HEAD OF SENIOR SCHOOL 55.0 0.0 X 127880 0 7224 MS SHANNON MULHOLLAND HEAD OF MIDDLE SCHOOL 55.0 0.0 X 123822 0 21134 1054070 0 175346 6 false true false HUCKESTEIN MECHANICAL SERVICES 46 A SOUTH LINDEN ST DUQUESNE PA 15110 HVAC SERVICES 222910 HERCULES LED 5411 MARKET ST BOARDMAN OH 44512 LIGHTING 319562 LESLIE LEVINE JAMES 557 LAKEWOOD DRIVE MONROEVILLE PA 15146 TUTORING 115796 METZ CULINARY MANAGEMENT TWO WOODLAND DR DALLAS PA 18612 FOOD SERVICE 222414 STA - CORAOPOLIS 200 KENDELL STREET CORAOPOLIS PA 15108 STUDENT TRANSPORTATI 151471 5 85705 1111111 49181 1196816 Tuition 611600 16842262 16842262 Activities & Special Fees 611600 441180 441180 OTHER PROGRAM SERVICE REVENUE 900099 26702 26702 17310144 1436798 1436798 0 0 32303 10411 21892 0 21892 21892 1682657 1319983 362674 362674 362674 298893 65991 232902 232902 0 0 0 113882 103202 10680 10680 0 20571906 17342716 2032374 0 2328072 2328072 0 0 630845 630845 0 9347739 8025255 948836 373648 613081 362115 224071 26895 980481 617584 323896 39001 730328 434463 269560 26305 0 22267 22267 63776 63776 0 885 885 39558 39558 0 141405 1837 139568 265091 78929 186162 226687 226687 3582 3582 1057324 1057324 52107 52107 0 48819 48819 265835 265835 0 1804688 1795185 9503 150230 150230 Educational Classroom 727628 541997 185631 Athletic Program 199170 199170 Equipment Rental & Maintenance 122904 98253 24651 Other Expense 635349 70790 439963 124596 177458 177458 20635309 16208004 3835975 591330 1331 1331 3528458 3348476 1279362 887932 163987 16816 0 0 0 0 0 0 129272 108934 36723 137045 59654311 23199210 37260147 36455101 0 0 35267287 35047313 0 0 0 0 60979 53176 77727546 76056124 1518014 1553730 0 0 417522 302090 8698192 7469092 0 0 0 0 0 0 0 0 61864 200469 10695592 9525381 X 60690059 60579743 2929758 2437964 3412137 3513036 67031954 66530743 77727546 76056124 X -63403 -299203 -138605 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35212261 1500002 1682657 38456 34991150 34012350 125577 2922389 1808889 39166 35212261 31495423 130561 4042942 1656576 34012350 34087408 10159 -1032275 1569869 31495423 36012294 38192 -302207 1660871 34087408 0.87050 0.09950 0.03000 false false 84055 1772264 1856319 161947 47164485 19794584 27531848 4598117 1099724 3498393 5873443 2304902 3568541 36455101 PRIVATE EQUITY SECURITIES 10000 F CDS AND MONEY MARKET 46163 F MUTUAL FUNDS 34991150 F 35047313 0 INTEREST RATE SWAP 200469 200469 17777978 -299202 -2456267 -2755469 20533447 38459 38459 20571906 18279189 10411 10411 18268778 38459 2328072 2366531 20635309 FORM 990, SCHEDULE D, PART V, LINE 4 THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE FINANCIAL SUPPORT TO THE ACADEMY FOR OPERATIONS AND CAPITAL PROJECTS. FORM 990, SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, 2D UNREALIZED INTEREST RATE SWAP ADJUSTMENT $ (138,604) FINANCIAL AID & REMISSION (2,328,072) RENTAL EXPENSES 10,411 ROUNDING (2) TOTAL $(2,456,267) FORM 990, SCHEDULE D, PART XII, LINE 2D Rental expenses $ 10,411 FORM 990, SCHEDULE D, PART XII, LINE 4B FINANCIAL AID & REMISSION $2,328,072 true true true true true true true false false false false false false false false false false true Part I, Line 3 Brochures, catalogues, announcements and scholarship forms are on file at the academy and are available for submission upon request. AUCTION 257033 257033 25476 1612 18073 5628 HANSEN GOLF OUT 41860 41860 13163 2039 0 298893 298893 25476 1612 31236 7667 65991 232902 true FINANCIAL AID 128 1827472 FMV TUITION REMISSION 30 500600 FMV FORM 990, SCHEDULE I, PART I, LINE 2 THE GRANTS TO INDIVIDUALS REPRESENT TUITION SCHOLARSHIPS AND REMISSION GRANTED BY THE ACADEMY TO A SELECTION OF STUDENTS. THE ACADEMY DETERMINES ELIGIBILITY FOR THE SCHOLARSHIPS BASED ON ACADEMIC ABILITY AND FINANCIAL NEED OF THE STUDENT, AS WELL AS THE BUDGETED REVENUES AND EXPENSES OF THE ACADEMY. NO FURTHER MONITORING OF THE FUNDS ARE REQUIRED AS NO SPECIFIC REQUIREMENTS ARE APPLICABLE OTHER THAN THE STUDENT'S CONTINUED ADMISSION WITHIN THE ACADEMY. X X true true X X X X false false false false false false false false false MR KOLIA J O'CONNOR HEAD OF SCHOOL 344500 19600 70582 434682 Ms Karen Mcavoy DIRECTOR OF FINANCE & OPS 176000 12320 7843 196163 MR BRENDAN SCHNEIDER DIRECTOR OF ADVANCEMENT 136634 9564 11899 158097 MR WIN PALMER ATHLETIC DIRECTOR 145234 7262 7918 160414 SCHEDULE J, PART I, LINE 1A KOLIA O'CONNOR - HOUSING ALLOWANCE $36,000 AND SOCIAL CLUB DUES $7,000. HOUSING IS EXCLUDABLE FROM TAXABLE INCOME UNDER IRC SECT 119 X 1 48056 FMV X GIFT CARDS 7 1125 FMV false true false FORM 990, PART VI, SECTION B, LINE 11A: THE FORM 990 IS SUBMITTED TO THE DIRECTOR OF FINANCE & OPERATIONS AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: BUSINESS OFFICE AND HEAD OF SCHOOL OFFICE ARE AWARE OF POTENTIAL CONFLICTS AND MONITOR DURING NORMAL COURSE OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 15A: THE BUSINESS OFFICE PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ON HEADS OF SCHOOL ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15B: ALL ADMINISTRATIVE SALARIES ARE REVIEWED ANNUALLY AND BENCH MARKED AGAINST OUR PEER SCHOOL. FORM 990, PART VI, SECTION C LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON VERBAL REQUEST. Form 990, Part XI, Line 9: Unrealized interest rate swap adjustment: $(138,605) FORM 990, PART XII, LINE 2C This process has not changed from the prior year.