2020-05-19T11:09:36-05:00 2019-06-30 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2018-07-01 231370498 Church Farm School % KAREN WERTZ CHUR 6103637500 1001 E Lincoln Highway Exton PA 19341 REV EDMUND K SHERRILL II Head of School 6103637500 2020-05-14 true Alycia Solecki P01272637 2155614200 96.227.239.52 23695320201405000000 2020-05-19 P C3E09875FC8964D7BD48D85BA168F29EA7DE466D B319E3F4824F3879AD60B659BDDC8C354071D9B5 2018 2020-09-23 17:36:50Z Rev Edmund K Sherrill II 1001 E Lincoln Highway Exton PA 19341 40456850 false X www.gocfs.net X 1918 PA CFS PREPARES A DIVERSE GROUP OF BOYS WITH ACADEMIC ABILITY AND GOOD CHARACTER TO LEAD PRODUCTIVE AND FULFILLING LIVES BY MAKING A COLLEGE PREPARATORY EDUCATION FINANCIALLY ACCESSIBLE 17 17 103 0 19522 0 2876034 5145642 1524143 1437249 10530818 9939604 383652 134465 15314647 16656960 0 0 0 0 6141104 6195407 0 0 663863 4720013 5199584 10861117 11394991 4453530 5261969 177259051 184207944 4874623 6983641 172384428 177224303 THE CHURCH FARM SCHOOL PREPARES A DIVERSE GROUP OF BOYS WITH ACADEMIC ABILITY AND GOOD CHARACTER TO LEAD PRODUCTIVE AND FULFILLING LIVES BY MAKING A COLLEGE PREPARATORY EDUCATION FINANCIALLY ACCESSIBLE. false false 8375343 0 1437249 PROVISION OF A RESIDENTIAL COLLEGE PREPARATORY ENVIRONMENT FOR BOYS IN GRADES 9 THROUGH 12 FROM FINANCIALLY DESERVING FAMILIES. THE SCHOOL PROVIDES EDUCATION, HOUSING, FOOD, SOCIAL ACTIVITIES, SUPPORT SERVICES, SOME TRANSPORTATION AND A WORK PROGRAM FOR APPROXIMATELY 186 BOYS ON A 150 ACRE CAMPUS. NEARLY 100% OF CFS GRADUATES GO ON TO MATRICULATE TO 4 YEAR COLLEGES AND UNIVERSITIES. 8375343 true true false false false false false false false true true true false false true true true false true false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 66 0 true 103 true true true false false false false true true false false false false false false X 17 17 true false false false false false false true true false false true true true true true true true false false PA X KAREN WERTZ 6103637500 1001 E LINCOLN HIGHWAY EXTON PA 19341 MATTHEW J BURNS CHAIRMAN 3.0 0.0 X X 0 0 0 SAMUEL B CUPP JR TREASURER 3.0 0.0 X X 0 0 0 STACEY SHREINER KLEY SECRETARY 3.0 0.0 X X 0 0 0 ALEMAYEHU ADDIS BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN A BELLIS JR BOARD MEMBER 1.0 0.0 X 0 0 0 GREGORY W COLEMAN BOARD MEMBER 1.0 0.0 X 0 0 0 STEPHEN B DARBY BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN D DIEDERICH BOARD MEMBER 1.0 0.0 X 0 0 0 RICHARD H GHERST II BOARD MEMBER 1.0 0.0 X 0 0 0 MICHAEL J HANKIN BOARD MEMBER 1.0 0.0 X 0 0 0 REV PRESTON B HANNIBAL BOARD MEMBER 1.0 0.0 X 0 0 0 STEPHEN A LONEY BOARD MEMBER 1.0 0.0 X 0 0 0 VINCENT J NAPOLEON BOARD MEMBER 1.0 0.0 X 0 0 0 PETER C PHILLIPS MD BOARD MEMBER 1.0 0.0 X 0 0 0 CAROLINE BUCK ROGERS BOARD MEMBER 1.0 0.0 X 0 0 0 MEHUL TRIVEDI BOARD MEMBER 1.0 0.0 X 0 0 0 RICHARD C WEBER BOARD MEMBER 1.0 0.0 X 0 0 0 REV EDMUND K SHERRILL II HEAD OF SCHOOL 50.0 0.0 X 221500 0 118228 NEIL J FANELLI JR DIRECTOR OF FINANCE (END 8/18) 50.0 0.0 X 167641 0 40746 PETER E CORRADO DIRECTOR OF DEVELOP (END 3/19) 50.0 0.0 X 156837 0 33349 CHRISTOPHER A SEELEY ASSISTANT HEAD OF SCHOOL 50.0 0.0 X 153981 0 32275 CHARLES R NOLL DIRECTOR OF STUDENT LIFE 50.0 0.0 X 113085 0 38213 ARTHUR S SMITH FACULTY TEACHER 50.0 0.0 X 109213 0 14889 922257 0 277700 7 false true false Sodexo Inc and Affiliates PO Box 360170 PITTSBURGH PA 15251 Food/Janitor Svcs 1129329 JDT Construction 10 North Bacton Hill Road MALVERN PA 19355 Construction Svcs 670925 Voith Mactavish Architects LLP 2401 Walnut Street 6th Floor PHILADELPHIA PA 19103 Architect Svcs 361480 Brightview Landscapes LLC 131 Ship Road EXTON PA 19341 Grounds Svcs 153166 4 294403 4851239 681940 5145642 TUITION AND FEES 900099 1437249 1437249 0 0 1437249 4036881 19522 4017359 0 0 162880 162880 0 162880 162880 28282656 1336192 23716125 4566531 1336192 5902723 5902723 55350 294403 83765 -28415 -28415 0 0 0 0 0 0 0 16656960 1437249 19522 10054547 0 0 0 0 308378 308378 0 0 4522181 3251080 866902 404199 386047 302716 45696 37635 619068 432236 133092 53740 359733 245715 83469 30549 0 0 0 124397 124397 0 94201 4870 89331 0 0 0 0 0 0 0 0 0 0 1254389 1207998 46391 0 157303 62011 1623 93669 122828 52731 51199 18898 311842 153378 158464 0 0 0 0 0 742182 710798 31384 0 121271 82369 32357 6545 0 0 0 0 35474 27841 6713 920 1037 0 1037 0 0 878495 833692 44803 120412 99986 15673 4753 CAMPUS MAINTENANCE 481616 295579 186037 0 ATHLETIC 189966 189966 0 0 STUDENT ACTIVITIES 165781 165781 0 0 INSTRUCTIONAL 99084 99084 0 0 299306 157512 128839 12955 11394991 8375343 2355785 663863 0 0 4094276 6053580 1002943 1980425 188729 91876 0 0 0 0 0 0 0 0 298745 145313 36696776 23023714 11455822 13673062 140034467 141858476 12498914 12752393 0 0 0 0 7685155 7652819 177259051 184207944 768250 1819464 0 0 722662 527745 0 0 0 0 0 0 0 0 0 0 3383711 4636432 4874623 6983641 X 134270813 136630301 2627399 4475999 35486216 36118003 172384428 177224303 177259051 184207944 X 5261969 1084821 -1506915 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152533381 155626 9708403 7786540 154610870 146603323 13350 12973606 7056898 152533381 133996365 18636732 6029774 146603323 141711675 -881535 6833775 133996365 144985308 2688928 5962561 141711675 0.81580 0.18420 true false 317134 317134 27842862 18577865 9264997 3929202 385962 3543240 4607578 4059887 547691 13673062 COMMON TRUST FUND 12752393 F 12752393 0 PENSION PROJECTED BEN. OBLIGATION 4636432 4636432 X 17825546 1084821 83765 1168586 16656960 16656960 12985671 1590680 1590680 11394991 11394991 INTENDED USES OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 CFS'S ENDOWMENT CONSISTS OF PORTFOLIO INVESTMENTS WHICH PROVIDE APPROXIMATELY 70 PERCENT OF ANNUAL OPERATING NEEDS, AS WELL AS LONG-TERM FINANCIAL STABILITY. FIN 48 FOOTNOTE (ASC 740) FORM 990, SCHEDULE D, PART X NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS DUE TO CFS' EXEMPT STATUS. AT JUNE 30, 2019 AND 2018. RECONCILIATION OF REVENUES SCHEDULE D, PART XI, LINE 2D RECLASS OF SPECIAL EVENTS EXPENSES $ 83,765 RECONCILIATION OF EXPENSES SCHEDULE D, PART XII, LINE 2D INCREASE IN UNFUNDED PENSION STATUS $1,506,915 RECLASS OF SPECIAL EVENTS EXPENSES $ 83,765 ============ $1,590,680 true true true true true true true false false false false false false false false true false true PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY SCHEDULE E, PART I, LINE 3 THE POLICY AS TO NONDISCRIMINATION TO STUDENTS, IS PUBLISHED IN THE PARENT/STUDENT HANDBOOK. GOVERNMENT ASSISTANCE SCHEDULE E, PART I, LINE 6A FINANCIAL ASSISTANCE IS RECEIVED FROM THE STATE OF PENNSYLVANIA IN THE FORM OF AN ALLOWANCE (CREDIT) TO BE USED FOR THE PURCHASE OF TEXTBOOKS AND OTHER EDUCATIONAL MATERIALS. Golf Classic 125243 97993 27250 11172 11490 14908 GALA Event 224510 196410 28100 1600 31687 1550 11358 0 349753 294403 55350 12772 43177 1550 26266 83765 -28415 X X true true X X X false false false false false false false false false REV EDMUND K SHERRILL II HEAD OF SCHOOL 221500 0 0 0 0 0 53333 0 65958 0 340791 0 0 0 NEIL J FANELLI JR DIRECTOR OF FINANCE (END 8/18) 167641 0 0 0 0 0 28918 0 12448 0 209007 0 0 0 PETER E CORRADO DIRECTOR OF DEVELOP (END 3/19) 156837 0 0 0 0 0 27054 0 7137 0 191028 0 0 0 CHRISTOPHER A SEELEY ASSISTANT HEAD OF SCHOOL 153981 0 0 0 0 0 19864 0 13237 0 187082 0 0 0 CHARLES R NOLL DIRECTOR OF STUDENT LIFE 113085 0 0 0 0 0 19507 0 19285 0 151877 0 0 0 COMPENSATION INFORMATION SCHEDULE J, PART I, LINE 1 THE SCHOOL PROVIDES HOUSING AND OTHER BENEFITS TO CERTAIN KEY EMPLOYEES AS A REQUIREMENT OF THEIR DUTIES OR AS A BENEFIT OF EMPLOYMENT. THE VALUE OF THESE BENEFITS ARE INCLUDED IN THE TAXABLE WAGES OF THESE EMPLOYEES, TO THE EXTENT THEY ARE NOT OTHERWISE EXCLUDED FROM SUCH BY THE INTERNAL REVENUE CODE AND ALL ARE DISCLOSED, AS REQUIRED, ON FORM 990, PART VII AND SCHEDULE J. THERE ARE SOME TAX INDEMNIFICATION BENEFITS PROVIDED TO FACULTY OF LONG TERM TENure. X 7 681940 FMV false true true Third Party Assistance of Noncash Contributions Part I, Line 32B All donated publicly traded securities are sold immediately by Bryn Mawr Trust. BUSINESS RELATIONSHIPS FORM 990, PART VI, LINE 2 MATTHEW BURNS, STEPHEN DARBY, JOHN DIEDERICH, AND CAROLINE ROGERS ARE CFS DIRECTORS WHO PARTICIPATE IN THE CHURCH FARM SCHOOL SCHOLARSHIP 1, LLC. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B THE FORM 990 WAS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS FIRST CIRCULATED TO THE AUDIT COMMITTEE AND THEN DISTRIBUTED TO THE FULL BOARD OF TRUSTEES FOR DISCUSSION AND COMMENT. EACH BOARD MEMBER WAS PROVIDED OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORM 990, PART VI, LINE 12C ANNUALLY, EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE ARE REQUIRED TO RESPOND TO MANAGEMENT'S "ACTIVITY QUESTIONNAIRE". PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD INITIALLY ENGAGED AN INDEPENDENT SCHOOL COMPENSATION CONSULTANT TO ASSIST IN DESIGNING AND IMPLEMENTING THE CURRENT COMPENSATION PACKAGE/STRUCTURE OF THE HEAD OF SCHOOL. THE EXECUTIVE COMMITTEE OF THE BOARD BENCHMARKS THE TERMS OF COMPENSATION FOR THE HEAD OF SCHOOL TO CONFIRM THAT THE POLICY IS IN-LINE WITH INDUSTRY STANDARDS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS/NAIS, ETC.). HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 INCREASE IN UNFUNDED PENSION STATUS $ (1,506,915) FORM 990 PART IX LINE 11G DESCRIPTION:KITCHEN/FOOD SERVICES TOTAL FEES:940211 FORM 990 PART IX LINE 11G DESCRIPTION:JANITORIAL SERVICES TOTAL FEES:193574 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACTED JOBS TOTAL FEES:88604 FORM 990 PART IX LINE 11G DESCRIPTION:HUMAN RESOURCES SERVICES TOTAL FEES:22000 FORM 990 PART IX LINE 11G DESCRIPTION:BANKING SERVICES TOTAL FEES:10000