2020-06-05T13:51:17-05:00 2019-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2018-07-01 520822077 WASHINGTON INTERNATIONAL SCHOOL WASH 2022431811 3100 MACOMB STREET NW WASHINGTON DC 20008 BETHANY NEUMANN CFO 2022431811 2020-04-29 1 DANIEL O'SHEA P00957510 3016529100 2020-04-29 209.59.242.35 2020-04-29 08:49:21 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3A16AF227DFFBEB6A54D665AEE301AB9EC7A606C 2018 2020-09-23 17:36:50Z SUZANNA JEMSBY 3100 MACOMB STREET NW WASHINGTON DC 20008 41121731 0 X WWW.WIS.EDU X 1966 DC OUR MISSION IS TO BE AN EXEMPLARY LEARNING COMMUNITY - ENRICHED BY DIFFERENCES, INFORMED THROUGH INQUIRY, GLOBAL IN REACH. 19 19 396 450 0 0 1403026 1326050 35755318 37063962 914932 972844 144958 145315 38218234 39508171 3521422 3677000 0 0 20366054 21173899 0 0 808225 11183068 10551700 35070544 35402599 3147690 4105572 97314659 102666119 47652926 47823092 49661733 54843027 OUR MISSION IS TO BE AN EXEMPLARY LEARNING COMMUNITY - ENRICHED BY DIFFERENCES, INFORMED THROUGH INQUIRY, GLOBAL IN REACH. 0 0 28928872 3677000 37178412 CO-EDUCATIONAL DAY SCHOOL FROM PRE-KINDERGARTEN THROUGH HIGH SCHOOL. 28928872 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 124 0 1 396 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X X BETHANY NEUMANN 2022431811 3100 MACOMB STREET NW WASHINGTON DC 20008 ELIZABETH AHN TRUSTEE 2.00 X 0 0 0 JEFFERSON BURNETT TRUSTEE 2.00 X 0 0 0 MELISSA BURNETT TRUSTEE 2.00 X 0 0 0 PIERRE CHAO TRUSTEE 2.00 X 0 0 0 STYLIANOS CHRISTOFIDES TRUSTEE 2.00 X 0 0 0 GIOVANNI DELL'ARICCIA TRUSTEE 2.00 X 0 0 0 AYANNA DUNN TRUSTEE 2.00 X 0 0 0 DIANA FARRELL CO-VICE CHAIR 5.00 X X 0 0 0 JAMES IKER TRUSTEE 2.00 X 0 0 0 CYNTHIA JOHNSTON TRUSTEE 3.00 X 0 0 0 RUFUS KING TRUSTEE 2.00 X 0 0 0 KATHERINE KINSELLA TRUSTEE 2.00 X 0 0 0 DANIEL PINK CO-VICE CHAIR 5.00 X X 0 0 0 JOHN REPPAS TRUSTEE 3.00 X 0 0 0 KLEBER SANTOS TRUSTEE 2.00 X 0 0 0 MELISSA SCHWARTZ TRUSTEE 3.00 X 0 0 0 CONSTANTINE STAVROPOULOS TRUSTEE 2.00 X 0 0 0 ALEXIA VON LIPSEY SECRETARY 3.00 X X 0 0 0 MARC WILLIAMSON CHAIR 10.00 X X 0 0 0 FRIEDA ABUSHACRA TRUSTEE 2.00 X 0 0 0 SUZANNA JEMSBY HEAD OF SCHOOL 40.00 X 301401 0 11164 CLAYTON LEWIS HEAD OF SCHOOL (UNTIL 7-2018) 40.00 X 316223 0 27734 BETHANY NEUMANN TREASURER/CFO 40.00 X 158054 0 17481 NATASHA BHALLA ASSOCIATE HEAD 40.00 X 206242 0 23348 MARY MOORE DIR. OF ADM. & FINANCIAL AID 40.00 X 135016 0 27080 DALE TEMPLE DIR. OF FACILITIES & OPERATIONS 40.00 X 132708 0 33492 DAVID MARKUS UPPER SCHOOL PRINCIPAL 40.00 X 158938 0 35410 JAMES REESE DIR. OF PROF. DEVELOP. COLLABORATIVE 40.00 X 150846 0 10611 RANDOLPH ALTHAUS MIDDLE SCHOOL PRINCIPAL 40.00 X 133370 0 9328 1692798 0 195648 34 0 1 0 RED COATS INC 4520 EAST-WEST HWY BETHESDA MD 20814 CLEANING 613633 SODEXO INC AND AFFILIATES PO BOX 536922 ATLANTA GA 30353 FOOD SERVICE 507571 MIRIHELLA FACILITIES MANAGEMENT LLC 17128 AMITY DR ROCKVILLE MD 20855 TRANSPORTATION/FACILITIES 480818 LPC COMMERCIAL SERVICES INC 1530 WILSON BLVD STE 200 ARLINGTON VA 22209 FACILITIES MAINTENANCE 349515 MCN BUILDING INC 1214 28TH STREET WASHINGTON DC 20007 GENERAL CONTRACTOR 343452 18 395719 930331 158712 1326050 TUITION & RELATED FEES 900099 35280318 35280318 AUXILIARY PROGRAMS 900099 1783644 1783644 37063962 1017672 1017672 18750 0 18750 18750 18750 1471975 19500 1516194 20109 -44219 -609 -44828 -44828 89372 395719 77257 12115 12115 OTHER INCOME 900099 114450 114450 114450 39508171 37178412 0 1003709 3677000 3677000 1253447 1008376 208493 36578 15851233 12912124 2473248 465861 914775 577880 313446 23449 2012175 1271127 689471 51577 1142269 721592 391397 29280 185535 185535 42515 42515 32844 32844 257632 77178 180454 833473 128757 595459 109257 454792 363099 72590 19103 496561 496561 26595 26595 944183 897625 36279 10279 2477298 2355141 95188 26969 119623 119623 REPAIRS & MAINTENANCE 2790368 2627888 126608 35872 DIRECT EDUCATION 1608100 1608100 BAD DEBT 126112 126112 PROFESSIONAL DEVELOPMEN 99652 99652 56417 53717 2700 35402599 28928872 5665502 808225 17344071 18256754 1201855 734503 2281409 1438218 160069 215130 317092 617807 75936426 30825461 45800612 45110965 29540999 36264603 525873 142679 28139 97314659 102666119 3020636 3122006 13405581 13958347 30769415 30217556 457294 525183 47652926 47823092 X 39387906 45111246 7869336 7327290 2404491 2404491 49661733 54843027 97314659 102666119 X 4105572 1080233 -4511 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 2 3.00 1 0 22750 5933029 17440 242621 66900 35462 32844 6057884 5746458 12417 290705 57735 30273 28543 5933029 5355229 16393 487931 58356 29652 25087 5746458 5582563 19905 -111733 81255 30279 23972 5355229 5452902 12282 117379 5582563 0.43120 0.39980 0.16900 0 0 6210340 6210340 58705578 23323055 35382523 6829350 5631651 1197699 4191158 1870755 2320403 45110965 DEFERRED COMPENSATION LIABILITY 23019 CAPITAL LEASE 502164 525183 X 36874049 1080233 -4511 1075722 35798327 32844 3677000 3709844 39508171 31692755 0 31692755 32844 3677000 3709844 35402599 PART II, LINE 9: ON JANUARY 25, 2006, THE SCHOOL ENTERED INTO AN AGREEMENT WITH THE TREGARON LIMITED PARTNERSHIP ("TLP"), A DISTRICT OF COLUMBIA LIMITED PARTNERSHIP, AND THE FRIENDS OF TREGARON FOUNDATION, INCORPORATED, A DISTRICT OF COLUMBIA NOT-FOR-PROFIT ("FOT"). AS A RESULT OF THE AGREEMENT, THE SCHOOL WAS ABLE TO OBTAIN THE SUPPORT NEEDED TO BUILD A SOCCER FIELD AND AN ADDITIONAL BUILDING AT ITS TREGARON CAMPUS. IN ADDITION, THE SCHOOL ACQUIRED THREE ACRES OF UNDEVELOPABLE LAND. THE AGREEMENT ALSO ESTABLISHED THE TREGARON CONSERVANCY, A NON-PROFIT CORPORATION ("CONSERVANCY"), WHOSE PRIMARY MISSION IS TO OWN, REHABILITATE, MAINTAIN AND OPERATE SPECIFIED PORTIONS OF THE TREGARON ESTATE IN ORDER TO PRESERVE AND SUSTAIN ITS SIGNIFICANCE AS A HISTORIC DESIGNED LANDSCAPE. THE CONSERVANCY OBTAINED APPROXIMATELY 10 ACRES OF LAND FROM TLP. THE SCHOOL HAS BOARD REPRESENTATION ON THE BOARD OF THE CONSERVANCY. UNDER THE AGREEMENT, THE SCHOOL HAD TO PAY A TOTAL OF $1,300,000 OVER 10 YEARS TO THE CONSERVANCY TO BE USED FOR REHABILITATION AND ENDOWMENT. THE FIRST PAYMENT OF $250,000 WAS MADE ON JANUARY 1 OF THE FIRST ACADEMIC YEAR IN WHICH THE SCHOOL'S ENROLLMENT CAP AT THE TREGARON CAMPUS INCREASED TO 450 STUDENTS, WHICH WAS DURING FISCAL YEAR 2008. UNDER THE AGREEMENT, THE SCHOOL MADE $250,000 PAYMENTS DURING FISCAL YEARS 2008 AND 2009, AND MADE PAYMENTS OF $100,000 DURING FISCAL YEARS 2010 THROUGH 2014. THE AGREEMENT STATED THAT AFTER THE FOURTH YEAR, THE SCHOOL'S ANNUAL PAYMENT WAS TO BE REDUCED BY $10,000 FOR EACH STUDENT SHORT OF 448 STUDENTS ACTUALLY ENROLLED. IF THE SCHOOL DID NOT PAY THE FULL $1,300,000 BY THE END OF THE AGREEMENT, THE SCHOOL WAS TO PAY $10,000 FOR EACH STUDENT ENROLLED IN EXCESS OF 425 STUDENTS UNTIL SUCH TIME AS THE TOTAL $1,300,000 WAS FULLY REPAID. IN ORDER TO HELP FACILITATE THE $1,300,000, THE AGREEMENT ALSO SUPPORTED AN INCREASE IN THE ENROLLMENT CAP AND AN INCREASE IN ITS FACULTY AND STAFF BY FIVE FULL-TIME EQUIVALENTS, SUBJECT TO REVIEW AND APPROVAL BY THE ADVISORY NEIGHBORHOOD COMMISSION AND THE BOARD OF ZONING ADJUSTMENT. THE SCHOOL MADE ITS FINAL PAYMENT ON THE 2006 AGREEMENT DURING THE YEAR ENDED JUNE 30, 2017. ON MAY 22, 2017, THE SCHOOL SIGNED A COOPERATION AND SETTLEMENT AGREEMENT WITH THE CONSERVANCY. UNDER THE AGREEMENT, THE SCHOOL SHALL MAKE ANNUAL PAYMENTS TO THE CONSERVANCY TOTALING $138,033, BEGINNING JANUARY 1, 2018 AND CONTINUING THROUGH JANUARY 1, 2027, WITH $50,000 OF THE ANNUAL PAYMENT CONDITIONAL UPON THE SCHOOL'S RECEIPT OF FINAL, UNAPPEALABLE BUILDING PERMITS, AND $38,033 OF THE PAYMENT ADJUSTED BY THE ANNUAL INFLATION RATE IN TUITION. THE AGREEMENT ALSO PROVIDES THAT THE SCHOOL AND CONSERVANCY WILL MEET TO NEGOTIATE AN EXTENSION OF THE AGREEMENT BEGINNING JANUARY 1, 2026 AND THAT THE SCHOOL WILL CONTINUE A $50,000 ANNUAL PAYMENT TO THE CONSERVANCY EACH JANUARY 1 BEGINNING 2028 AND THEREAFTER, UNLESS A DACHA BUILDING ON THE SCHOOL'S GROUNDS IS MOVED OR RAZED. PART V, LINE 4: THE ANNUAL DISTRIBUTION TO OPERATIONS NOT TO EXCEED 4 PERCENT OF THE TRAILING FOUR-YEAR AVERAGE OF THE ENDOWMENT'S TOTAL ASSET VALUE SUBJECT TO A POSITIVE REAL RETURN FLOOR; APPLIES TO ANY ACCOUNT IN THE RESTRICTED ENDOWMENT THAT EXCEEDS $50,000, BUT IS LIMITED BY ANY AMOUNT THAT WOULD CAUSE THE ACCOUNT TO DROP BELOW $50,000; AND, THE DISBURSEMENT THRESHOLD FOR THE UNRESTRICTED ENDOWMENT IS $10 MILLION. IN 2019 AND 2018, THERE WERE $102,362 AND $88,008, RESPECTIVELY, OF APPROPRIATIONS FOR EXPENDITURE FROM THE ENDOWMENT FUNDS. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AS A QUALIFIED EDUCATIONAL INSTITUTION AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. SIMILAR TO OTHER TAX-EXEMPT ORGANIZATIONS, THE SCHOOL IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. TAX YEARS PRIOR TO 2015 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") OR THE TAX JURISDICTION OF THE DISTRICT OF COLUMBIA. IN ACCORDANCE WITH THE PROVISIONS IN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION ("FASB ASC"), THE SCHOOL HAS PERFORMED AN EVALUATION OF ITS TAX POSITIONS AND BELIEVES IT HAS APPROPRIATE SUPPORT FOR ITS TAX POSITIONS TAKEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS -4,511. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,677,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,677,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHED A NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS IN THE WASHINGTON POST. GALA 485091 395719 89372 30254 47003 485091 395719 89372 30254 47003 77257 12115 1 FINANCIAL AID FOR TUITION 122 3677000 PART I, LINE 2: THE SCHOOL FINANCIAL AID PROGRAM IS NEED-BASED. FAMILIES INTERESTED IN RECEIVING FINANCIAL AID COMPLETE AN APPLICATION FORM AND SUBMIT IT TO THE SCHOOL. IN ADDITION TO THE APPLICATION, FAMILIES ARE REQUIRED TO PROVIDE ADDITIONAL FINANCIAL DOCUMENTS. A FINANCIAL AID COMMITTEE REVIEWS THE INFORMATION AND DETERMINES THE LEVEL OF FINANCIAL AID AWARD, IF ANY. ANY FINANCIAL AID AWARD IS FOR ONE YEAR AT A TIME. ALL RECIPIENTS MUST COMPLETE THE FULL APPLICATION PROCESS EACH YEAR. FINANCIAL AID IS NOT A CASH GRANT AWARD. ACTUAL FINANCIAL AID AWARDS ARE REFLECTED AS CREDITS TOWARDS TUITION, FEES, AND SERVICES. X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 SUZANNA JEMSBY HEAD OF SCHOOL 174774 0 37502 0 89125 0 1037 0 10127 0 312565 0 0 0 CLAYTON LEWIS HEAD OF SCHOOL (UNTIL 7-2018) 228457 0 0 0 87766 0 17465 0 10269 0 343957 0 60692 0 BETHANY NEUMANN TREASURER/CFO 157925 0 0 0 129 0 10971 0 6510 0 175535 0 0 0 NATASHA BHALLA ASSOCIATE HEAD 205954 0 0 0 288 0 14705 0 8643 0 229590 0 0 0 MARY MOORE DIR. OF ADM. & FINANCIAL AID 134289 0 0 0 727 0 9823 0 17257 0 162096 0 0 0 DALE TEMPLE DIR. OF FACILITIES & OPERATIONS 132462 0 0 0 246 0 9727 0 23765 0 166200 0 0 0 DAVID MARKUS UPPER SCHOOL PRINCIPAL 158616 0 0 0 322 0 11645 0 23765 0 194348 0 0 0 JAMES REESE DIR. OF PROF. DEVELOP. COLLABORATIVE 150322 0 0 0 524 0 10611 0 0 0 161457 0 0 0 PART I, LINE 1A CLAYTON LEWIS, HEAD OF SCHOOL, RECEIVED A TAXABLE ALLOWANCE FOR HOUSING. HE ALSO HAD SOCIAL CLUB DUES PAID BY THE SCHOOL. SUZANNA JEMSBY, HEAD OF SCHOOL, RECEIVED A TAXABLE ALLOWANCE FOR HOUSING. PART I, LINE 4B DISTRIBUTIONS FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OCCURRED DURING 2018 TO CLAYTON LEWIS IN THE AMOUNT OF $115,333. PART I, LINE 7 THE BONUS FOR SUZANNA JEMSBY WAS CONTRACTUAL. A DISTRICT OF COLUMBIA 046049087 2018-06-29 31305000 REFINANCE TAX EXEMPT BONDS 0 0 0 A 570146 31305000 535585 30769415 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 X 4 36865 STOCK EXCHANGE VALUE X AUCTION ITEMS 174 121847 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 BYLAWS WERE CHANGED TO MAKE THE CHIEF FINANCIAL OFFICER (CFO) A NON-VOTING OFFICER OF THE SCHOOL (TREASURER). FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEETS MONTHLY DURING THE SCHOOL YEAR AND PRIOR TO FILING THE FORM 990. ONE MEETING IS SELECTED FOR THE FORM 990 TO BE REVIEWED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE MADE AWARE OF THE CONFLICT OF INTEREST POLICY AND ARE ASKED TO SIGN AN ANNUAL QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE AND/OR CHAIR OF THE BOARD MEET WITH THE HEAD OF SCHOOL EACH YEAR AND SET MUTUALLY AGREEABLE GOALS FOR THE UPCOMING YEAR. THROUGHOUT THE YEAR, THE EXECUTIVE COMMITTEE AND/OR CHAIR OF THE BOARD PERIODICALLY CONSULT WITH THE HEAD OF SCHOOL AS TO HIS PROGRESS IN MEETING THE PREVIOUSLY SET GOALS. COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE AND/OR CHAIR OF THE BOARD USING COMPARABLE SCHOOLS AS A BENCHMARK. COMPENSATION FOR ALL EMPLOYEES IS REVIEWED AND APPROVED BY THE HEAD OF SCHOOL USING COMPARABLE SCHOOLS AS A BENCHMARK. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS FOR GOVERNING DOCUMENTS AND/OR CONFLICT OF INTEREST POLICY ARE SUBMITTED TO THE BOARD OF TRUSTEES. THE FINANCIAL STATEMENTS ARE AVAILABLE THROUGH AN ANNUAL REPORT AND REPORTING AGENCIES SUCH AS GUIDESTAR AND DUN & BRADSTREET. FORM 990, PART VI, SECTION B, LINE 14: A WRITTEN POLICY FOR RETENTION AND DESTRUCTION DOES NOT EXIST; HOWEVER, THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) GUIDELINES ARE FOLLOWED. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE ACCOUNTS -4,511.