2020-02-28T07:09:50-06:00 2019-06-30 113518842 MARKS PANETH LLP 4 MANHATTANVILLE ROAD PURCHASE NY 10577 990 2018-07-01 060646657 GREENWICH COUNTRY DAY SCHOOL INC GREE 2038635600 PO BOX 623 GREENWICH CT 06836 WILLIAM AUERSWALD CHIEF FINANCIAL OFFICER 2038635600 2020-02-27 1 SCOTT M BRENNER P01247233 9145249000 65.51.91.156 2020-02-27 10:52:01 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 71DE476EBF29C189CE8D8985D3ECFF7A60041DB4 2018 2020-09-23 17:36:50Z WILLIAM AUERSWALD PO BOX 623 GREENWICH CT 06836 71369791 0 X WWW.GCDS.NET X 1926 CT THE SCHOOL SEEKS TO PROVIDE QUALIFIED STUDENTS WITH OPPORTUNITIES FOR ACADEMIC DEVELOPMENT, INTELLECTUAL GROWTH, ARTISTIC AND PHYSICAL FULFILLMENT AND MORAL AWARENESS. 21 21 408 528 0 0 15587489 16056509 35054164 36348971 4451867 6341917 364056 377182 55457576 59124579 2751600 3194875 0 0 28076593 32663307 0 0 1426417 11658672 13322130 42486865 49180312 12970711 9944267 232342519 282559886 61043758 109246041 171298761 173313845 THE MISSION OF THE GREENWICH COUNTRY DAY SCHOOL IS TO ENABLE ALL CHILDREN IN OUR CARE TO DISCOVER AND TO DEVELOP WHAT IS FINEST IN THEMSELVES TO ACHIEVE THE HIGHEST STANDARDS IN THEIR STUDIES, IN THEIR PLAY, AND IN THEIR CHARACTER. 0 0 37756526 3194875 36290511 STUDENTS FROM NURSERY THROUGH NINTH GRADE AND SUMMER PROGRAMS. TOTAL OF 893 STUDENTS WERE ENROLLED FOR THE SCHOOL YEAR 2018-2019. ADDITIONALLY, THERE WERE APPROXIMATELY 505 STUDENTS ENROLLED IN SUMMER PROGRAMS. 37756526 1 1 0 0 0 0 1 0 0 1 1 1 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 1 126 0 1 408 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X WILLIAM AUERSWALD 2038635600 GCDSCHOOL 401 OLD CHURCH ROAD GREENWICH CT 06830 ALISA S BROCKELMAN TRUSTEE/DEPARTED DURING FYE 2019 2.00 X 0 0 0 ALYSA M STAFFORD TRUSTEE/DEPARTED DURING FYE 2019 2.00 X 0 0 0 CALEB MOORE MD TRUSTEE/DEPARTED DURING FYE 2019 2.00 X 0 0 0 CALEB WATTS TREASURER 2.00 X X 0 0 0 CARRIE FREEMAN BRADDOCK TRUSTEE 2.00 X 0 0 0 CHERYL PACKARD TRUSTEE 2.00 X 0 0 0 CHIP EMERY TRUSTEE 2.00 X 0 0 0 CHUCK TYLER TRUSTEE/DEPARTED DURING FYE 2019 2.00 X 0 0 0 DANIEL OFFIT PRESIDENT 8.00 X X 0 0 0 DEBBIE PARKINSON HIRES TRUSTEE/DEPARTED DURING FYE 2019 2.00 X 0 0 0 EILEEN KIM TRUSTEE 2.00 X 0 0 0 EMILY HOFFMAN STERN TRUSTEE 2.00 X 0 0 0 JAMES MABIE TRUSTEE 2.00 X 0 0 0 JEFF ROBERTSON TRUSTEE 2.00 X 0 0 0 JOHN ROACH TRUSTEE 2.00 X 0 0 0 JONATHAN WEINER VICE PRESIDENT 2.00 X X 0 0 0 KATE MINCHIN TRUSTEE/DEPARTED DURING FYE 2019 2.00 X 0 0 0 KATHERINE SANDHU TRUSTEE 2.00 X 0 0 0 LESLIE FOLEY TRUSTEE 2.00 X 0 0 0 MAGDALENA MIGUENS TRUSTEE 2.00 X 0 0 0 MERRILOU HILLENBRAND TRUSTEE 2.00 X 0 0 0 PETER SCHWEINFURTH TRUSTEE 2.00 X 0 0 0 SHAHRYAR OVEISSI SECRETARY 2.00 X X 0 0 0 SHARON PLATTER TRUSTEE 2.00 X 0 0 0 VERNON SCHWARTZ TRUSTEE 2.00 X 0 0 0 VICKI UNDERWOOD CRAVER TRUSTEE/DEPARTED DURING FYE 2019 2.00 X 0 0 0 WEAR CULVAHOUSE TRUSTEE 2.00 X 0 0 0 WILL MANUEL TRUSTEE 2.00 X 0 0 0 ADAM ROHDIE HEADMASTER 60.00 X 990807 0 227078 WILLIAM AUERSWALD CHIEF FINANCIAL OFFICER 50.00 X 297722 0 58985 ANABEL M PEREZ DIRECTOR OF DEVELOPMENT 50.00 X 211598 0 50411 ANNE M ALLEN ASSISTANT LOWER SCHOOL HEA 40.00 X 167971 0 44204 CHERYL D PLUMMER DIR. OF ADMISSION & FIN. A 40.00 X 162053 0 28643 JACK C JEPSON FACULTY 40.00 X 175490 0 43130 ANTHONY T BOWES HEAD OF THE MIDDLE SCHOOL 40.00 X 160954 0 33117 2166595 0 485568 65 0 1 0 COMNET COMMUNICATIONS LLC 1 PARK RIDGE RD 9 BETHEL CT 06801 COMMUNICATIONS SOLUTIONS 298076 CENTERBROOK ARCHITECTS & PLANNERS LLP PO BOX 955 CENTERBROOK CT 06409 ARCHITECTURAL SERVICES 206702 SHIPMAN & GOODWIN ONE CONSTITUTION PLAZA HARTFORD CT 06103 LEGAL SERVICES 199353 GREENWICH LEADERSHIP PARTNERS LLC PO BOX 324 OLD GREENWICH CT 06870 CONSULTING 177586 CAMBRIDGE ASSOCIATES PO BOX 412015 BOSTON MA 02241 INVESTMENT ADVISORS 172917 7 16056509 758038 16056509 TUITION & RELATED FEES 611600 36348971 36348971 36348971 963544 963544 377182 0 377182 377182 377182 17623585 12186752 58460 5436833 -58460 5378373 -58460 5436833 59124579 36290511 0 6777559 3194875 3194875 1407703 1031395 325330 50978 18939083 13799002 4437997 702084 1740180 1293251 385883 61046 9104872 7367137 1564466 173269 1471469 1111708 310621 49140 81381 81381 53000 53000 231033 231033 394084 195833 145949 52302 4748 4748 106478 19449 33376 53653 452554 94772 357782 1337632 1337632 456342 24500 431842 21909 21909 4126887 3796736 206344 123807 259432 208969 50463 DEBT SERVICE AND BANK F 820403 38516 781887 0 CURRICULAR PROGRAMS 805872 786660 19212 BAD DEBT EXPENSE 712326 712326 UTILITIES 651757 651757 2806292 2092008 576055 138229 49180312 37756526 9997369 1426417 3000 18362717 18856191 3269254 13335588 16396787 19947672 18875240 145225 149034 803587 458060 157088087 39217035 89231650 117871052 36008133 32323774 32940142 36263615 21071331 38590353 232342519 282559886 2665959 7118757 30247527 41457946 28000 55500 13907148 37338440 14195124 23275398 61043758 109246041 X 109458630 102675046 34141866 70638799 27698265 0 171298761 173313845 232342519 282559886 9944267 -7929183 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 4.80 0 1 0 50.00 800 0 1 X 65765830 336170 4435149 3690915 66846234 59958080 585121 5464172 241543 65765830 53378537 301705 7489009 1211171 59958080 58195978 450234 -3507805 1759870 53378537 54958813 1562660 3740746 2066241 58195978 0.25440 0.00000 0.74560 0 0 19394883 19394883 119839510 30217309 89622201 17853694 8999726 8853968 117871052 ALTERNATIVE INVESTMENTS 36263615 F 36263615 CONSTRUCTION IN PROGRESS 26482470 SECURITY DEPOSIT 90885 DEFERRED COMPENSATION 126272 INSURANCE SUBSCRIBER'S INVESTMENT 81050 BONDS CONSTRUCTIONS 511000 DUE FROM (TO) OTHER FUNDS 11296724 IDB SWAP 1593 CHEFA CONSTRUCTION 359 38590353 ACCRUED POSTRETIREMENT HEALTH CARE COSTS 16596136 DEFERRED COMPENSATION 176736 INTEREST PAYABLE 74691 LONG-TERM DEBT, CURRENT PORTION 17548 SWAP DERIVATIVE 6410287 23275398 X 56030627 -7929182 5066263 -2862919 58893546 231033 231033 59124579 55264776 9510372 9510372 45754404 231033 3194875 3425908 49180312 PART IV, LINE 2B: TWO MONTHS SECURITY DEPOSIT BASE ON TERM OF LEASE AGREEMENT. PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 50 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE TEMPORARILY RESTRICTED NET ASSETS WERE INTENDED TO BE USED FOR INSTRUCTIONAL PROGRAMS, PHYSICAL PLANT AND ANNUAL GIFTS FOR SUBSEQUENT SCHOOL YEARS. INCOME FROM THE PERMANENTLY RESTRICTED NET ASSETS IS EXPENDABLE FOR GENERAL AND RESTRICTED PURPOSES I.E., GENERAL OPERATIONS AND DONOR-SPECIFIED PURPOSES(PRIMARILY INSTRUCTION). PART X, LINE 2: THE SCHOOL EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF JUNE 30, 2019, THE SCHOOL DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER REVENUE RELATED TO STANWICH SCHOOL 5,066,263. PART XII, LINE 2D - OTHER ADJUSTMENTS: OTHER EXPENSES RELATED TO STANWICH SCHOOL 9,510,372. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANACIL AID / NON-FACULTY 3,194,875. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISEMENTS ARE PLACED IN NEIGHBORING COMMUNITIES IN THE STAMFORD ADVOCATE, NORWALK HOUR, AS WELL AS THE NEW YORK TIMES FOR THE ANNUAL OPEN HOUSE. OUR POLICY OF SEEKING DIVERSIFIED ENROLLMENT IS STATED IN THE ADVERTISEMENTS. 1 NEED BASED FINANCIAL AID 149 3194875 PART I, LINE 2: FAMILIES WHO ARE IN NEED OF FINANCIAL AID ARE REQUIRED TO SUBMIT A FINANCIAL AID APPLICATION ANNUALLY. THE APPLICATION CONSISTS OF COPIES OF THE PARENT(S)' PRIOR YEAR AND MOST RECENT FEDERAL TAX RETURN. IN ADDITION TO THESE DOCUMENTS, FAMILIES ARE REQUIRED TO SUBMIT A COMPLETED PARENTS FINANCIAL STATEMENT (PFS) TO SCHOOL AND STUDENT SERVICES (SSS). GREENWICH COUNTRY DAY SCHOOL THEN GRANTS AID TO FAMILIES BASED ON THE SSS ASSESSMENT AS WELL AS ON THE ADDITIONAL INFORMATION PROVIDED IN THE APPLICATION. FULL TUITIONS ARE NOT GRANTED, AND THE AMOUNT AND NUMBER OF FINANCIAL AID GRANTS ARE SUBJECT TO THE AVAILABILITY OF FUNDS. FUNDS ARE APPLIED TO AGAINST STUDENT TUITION AT THE ORGANIZATION AND, THEREFORE, NO ADDITIONAL MONITORING IS NEEDED. X 1 1 X X 0 1 0 0 0 0 0 0 0 ADAM ROHDIE HEADMASTER 709565 0 0 0 281242 0 31560 0 195518 0 1217885 0 280000 0 WILLIAM AUERSWALD CHIEF FINANCIAL OFFICER 296480 0 0 0 1242 0 31560 0 27425 0 356707 0 0 0 ANABEL M PEREZ DIRECTOR OF DEVELOPMENT 210918 0 0 0 680 0 23808 0 26603 0 262009 0 0 0 ANNE M ALLEN ASSISTANT LOWER SCHOOL HEA 165674 0 0 0 2297 0 18000 0 26204 0 212175 0 0 0 CHERYL D PLUMMER DIR. OF ADMISSION & FIN. A 161558 0 0 0 495 0 17640 0 11003 0 190696 0 0 0 JACK C JEPSON FACULTY 171763 0 0 0 3727 0 14256 0 28874 0 218620 0 0 0 ANTHONY T BOWES HEAD OF THE MIDDLE SCHOOL 160650 0 0 0 304 0 16320 0 16797 0 194071 0 0 0 PART I, LINE 1A THE GREENWICH COUNTRY DAY SCHOOL PROVIDED RESIDENCE FOR PERSONAL USE TO THE HEADMASTER, ADAM ROHDIE. PART I, LINE 4B ADAM ROHDIE, THE HEADMASTER FOR THE GREENWICH COUNTRY DAY SCHOOL PARTICIPATES IN DEFERRED COMPENSATION PLAN, 457(F). THE VALUE OF THE DEFERRED COMPENSATION PLAN AS OF 6/30/2019 WAS $176,735, AND THERE WAS NO CONTRIBUTION MADE DURING THE YEAR. THERE WAS $280,000 PAID OUT AND IT WAS INCLUDED IN W-2. THE ENTIRE $280,000 WAS REPORTED AS DEFERRED COMPENSATION ON PRIOR FORM 990, AND IT IS INCLUDED IN PART II, COLUMN F. COSGROVE MARIE FORMER TRUSTEE 60425 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL ROHDIE ADAM HEADMASTER 20063 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL STERNBERG EMILY FORMER TRUSTEE 41800 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL X 47 758038 FMV 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN PART I, ON LINE 9B, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARED BY THE PREPARER IS REVIEWED BY THE CFO. A COPY OF THE RETURN IS SHARED WITH THE HEADMASTER AND ALL DIRECTORS WHO ARE ENCOURAGED TO REVIEW THE FORM. THE FILING OF THE FORM AND APPROVAL OF ITS CONTENTS IS AUTHORIZED BY BOARD VOTE. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL REVIEW TO CONFIRM THAT THERE ARE NO CONFLICTS OF INTEREST WITH ANY TRUSTEE, BOARD COMMITTEE MEMBER, OR EMPLOYEE. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BASED ON THE ANNUAL REVIEW AND IF IT APPEARS THERE ARE ANY CONFLICTS THE BOARD WOULD REVIEW SUCH CONFLICT. IF THE CONFLICT INVOLVED A BOARD MEMBER, IT WOULD RESULT IN THEIR REMOVAL FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE HEADMASTERS ANNUAL COMPENSATION BASED ON DATA OF COMPARABLE COMPENSATION OF SIMILAR ORGANIZATIONS. THAT DECISION IS CONFIRMED IN WRITING BY THE BOARD PRESIDENT. COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES IS DETERMINED BY THE HEADMASTER AT THE BOARD'S DELEGATION BASED ON SIMILAR COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE ON GUIDESTAR.ORG. IN ADDITION, THE FORMS 1023 AND 990 AS WELL AS THE AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE SCHOOL'S BUSINESS OFFICE. THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE IN THE EMPLOYEE AND TRUSTEE HANDBOOK. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR THE YEAR. 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