2020-07-13T09:35:45-05:00 2019-06-30 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2018-07-01 751085363 FORT WORTH COUNTRY DAY SCHOOL INC FORT 8177327718 4200 COUNTRY DAY LANE FORT WORTH TX 76109 THOMAS MITCHELL CFO 8177327718 2020-06-30 1 KELLY M GILLETTE P00548846 9726611843 34.99.90.61 2020-06-30 18:20:25 CD P B031F1490CEF91DE0132CAEEA8A8A395CB876CEC 9CB909A026550844E06B29AF71DD8FD7133C54DA 2018 2020-09-23 17:36:50Z ERIC LOMBARDI 4200 COUNTRY DAY LANE FORT WORTH TX 76109 39469428 0 X WWW.FWCD.ORG X 1962 TX THE MISSION OF FORT WORTH COUNTRY DAY SCHOOL IS TO FOSTER THE INTELLECTUAL, PHYSICAL, EMOTIONAL AND ETHICAL DEVELOPMENT OF CAPABLE STUDENTS THROUGH AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY PROGRAM THAT INTEGRATES THE ARTS AND ATHLETICS. 25 25 435 1100 -23531 -23531 2612295 2347229 25405085 26575401 4793983 654945 633127 324443 33444490 29902018 3149364 3239392 0 0 17297681 19618824 0 0 814385 10326956 8956223 30774001 31814439 2670489 -1912421 107740955 92421938 34210755 20716138 73530200 71705800 THE MISSION OF FORT WORTH COUNTRY DAY SCHOOL IS TO FOSTER THE INTELLECTUAL, PHYSICAL, EMOTIONAL AND ETHICAL DEVELOPMENT OF CAPABLE STUDENTS THROUGH AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY PROGRAM THAT INTEGRATES THE ARTS AND ATHLETICS. 0 0 24252332 3239392 26703322 FORT WORTH COUNTRY DAY SCHOOL IS A K12 NONPROFIT EDUCATION FACILITY WITH A TRADITION OF PROVIDING A RIGOROUS COLLEGE PREPARATORY CURRICULUM, BALANCED EQUALLY BY PROGRAMS IN FINE ARTS AND ATHLETICS. DURING THE YEAR ENDING 6/30/19, THE SCHOOL HAD A STUDENT ENROLLMENT OF 1,077. TRADITIONALLY 100 PERCENT OF FWCD GRADUATES ATTEND FOUR YEAR COLLEGES AND UNIVERSITIES. THE MEMBERS OF THE CLASS OF 2019 WERE ADMITTED TO 154 DIFFERENT COLLEGES. THESE GRADUATES WERE AWARDED MORE THAN $11.6 MILLION IN MERIT BASED SCHOLARSHIPS AND OTHER AWARDS. 45 PERCENT OF THE MEMBERS OF THE CLASS OF 2019 ATTENDED SCHOOL IN THE STATE OF TEXAS, WHILE 55 PERCENT WENT OUT OF STATE. 24252332 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 145 0 435 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TOM MITCHELL 8173023220 4200 COUNTRY DAY LANE FORT WORTH TX 76109 LAURA BONNELL ALEXANDER PRESIDENT 56.50 X X 0 0 0 RANDY EISENMAN VICE PRESIDENT 44.50 X X 0 0 0 RUSS FLEISCHER TREASURER / FINANCE CHAIR 5.00 X X 0 0 0 MALATHI RAVI SECRETARY 27.00 X X 0 0 0 GANTT BUMSTEAD TRUSTEE 18.00 X 0 0 0 WILLIAM BUTLER TRUSTEE 18.00 X 0 0 0 BRENT CLUM TRUSTEE 18.00 X 0 0 0 BRIAN CRUMLEY TRUSTEE 18.00 X 0 0 0 ELYSE STOLTZ DICKERSON TRUSTEE 18.00 X 0 0 0 GYNNA HARLIN TRUSTEE 18.00 X 0 0 0 DR BARBARA BROWN HERMAN TRUSTEE 18.00 X 0 0 0 DR ELIZABETH MURPHY JONES TRUSTEE 18.00 X 0 0 0 TODD KELLY TRUSTEE 18.00 X 0 0 0 BRYAN KING TRUSTEE 18.00 X 0 0 0 JOSH KORMAN TRUSTEE 18.00 X 0 0 0 LIZA LEE TRUSTEE 18.00 X 0 0 0 SCOTTY MACLEAN TRUSTEE 18.00 X 0 0 0 MICHELLE MARLOW TRUSTEE 18.00 X 0 0 0 DR MONIKA MATHUR TRUSTEE 18.00 X 0 0 0 BONNIE PETSCHE TRUSTEE 18.00 X 0 0 0 CHRIS ROOKER TRUSTEE 18.00 X 0 0 0 MARY HALLMAN SMITH TRUSTEE 18.00 X 0 0 0 ROBERT STURNS TRUSTEE 18.00 X 0 0 0 RACHEL WERNER TRUSTEE 18.00 X 0 0 0 SID R BASS HONORARY MEMBER 2.00 X 0 0 0 ERIC LOMBARDI HEAD OF SCHOOL 40.00 X 363092 0 30611 THOMAS MITCHELL CHIEF FINANCIAL & OPERATIONS OFFICER 40.00 X 203316 0 28121 STEPHEN STACKHOUSE HEAD OF UPPER SCHOOL 40.00 X 129052 0 25034 ERNEST UHR DIRECTOR OF TECHNOLOGY 40.00 X 128537 0 18382 JOHN STEPHENS HEAD OF MIDDLE SCHOOL 40.00 X 122431 0 19793 PEGGY WAKELAND ASSISTANT HEAD OF UPPER SCHOOL 40.00 X 117781 0 19790 SANDRA TUOMEY DIRECTOR OF ADVANCEMENT 40.00 X 114415 0 21675 1178624 0 163406 19 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 LUNCH SERVICES 1132204 LAKE FLATO ARCHITECTS INC 311 3RD STREET SAN ANTONIO TX 78205 ARCHITECT SERVICES 168454 LEA PARK & PLAY INC 1201 KAS DRIVE SUITE A RICHARDSON TX 75081 PLAYGROUND EQUIPMENT 165922 DD&F COMMERCIAL FLOORING PO BOX 24880 FORT WORTH TX 76124 FLOORING INSTALLATION 145022 PIERCE GENERAL CONTRACTORS INC 4146 WILLMAN AVENUE SUITE 103 FORT WORTH TX 76180 THEATER UPDATES 116671 7 37500 2309729 60188 2347229 TUITION AND FEES 611710 25654295 25654295 AUXILIARY INCOME 611710 477486 477486 SUMMER SCHOOL 611710 410995 410995 TRANSPORTATION SERVICE 611710 23025 23025 BALLET 611710 9600 9600 26575401 402382 -23531 425913 31192 31192 9628348 9375785 252563 252563 252563 230364 37500 115451 114913 114913 48024 26734 21290 21290 78567 49440 29127 29127 MISCELLANEOUS INCOME 900099 127921 127921 127921 29902018 26703322 -23531 874998 3239392 3239392 739399 720520 18879 14978756 11140028 3284280 554448 2814198 2172678 541846 99674 1086471 764438 281588 40445 44552 44552 45420 45420 517302 66856 450446 203032 9950 193082 480871 206170 274701 1696574 1587993 100098 8483 88968 88968 176813 140121 36130 562 179540 168050 10592 898 1436122 1344211 84730 7181 269129 269129 SUPPLIES 1439378 980695 376754 81929 SAGE DINING PAVILLION 945664 945664 0 0 STUDENT ACTIVITY FEES 379134 379134 0 0 BREAKTHROUGH 345309 345309 0 0 708415 672675 33854 1886 31814439 24252332 6747722 814385 388483 401858 12682391 11803278 1853621 975951 11133705 33756 30685 423632 574446 69650457 33237305 37004469 36413152 18944662 12943712 24709925 28665574 566311 613282 107740955 92421938 3010687 2715820 21428835 9696708 7353610 9771233 950000 34210755 20716138 X 50330197 42921404 7218795 11506827 15981208 17277569 73530200 71705800 107740955 92421938 -1912421 88021 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35875240 563037 8896540 1238613 44096204 32980939 28727 4472845 1607271 35875240 30887394 44330 4408522 2359307 32980939 35773536 850327 -1487573 4248896 30887394 37036726 885343 560817 2709350 35773536 0.42530 0.37640 0.19840 0 0 3338763 3338763 60195150 28284208 31910942 4922804 4143174 779630 1193740 809923 383817 36413152 EMERGING MARKET EQUITIES 4562308 F DIRECTIONAL EQUITY LONG/SHORT 2932406 F MARKET NEUTRAL ALTERNATIVES 4954625 F PRIVATE EQUITY 3964597 F DOMESTIC EQUITIES 3659364 F INTERNATIONAL EQUITIES 8592274 F 28665574 X 26583219 88021 191625 279646 26303573 359053 3239392 3598445 29902018 28407619 191625 191625 28215994 359053 3239392 3598445 31814439 PART V, LINE 4: THE DESIGNATED NET ASSETS OF FORT WORTH COUNTRY DAY SCHOOL, INC (THE SCHOOL) REPRESENTS FUNDS DESIGNATED BY THE BOARD TO FUND AN ENDOWMENT. THE INCOME MAY BE EXPENDABLE TO SUPPORT FUTURE CAPITAL EXPENDITURE NEEDS AS DETERMINED BY THE BOARD OF TRUSTEES. THE PERMANENTLY RESTRICTED NET ASSETS OF THE SCHOOL REPRESENT FUNDS RESTRICTED BY THE DONOR TO ESTABLISH A PERMANENT ENDOWMENT. THE INCOME FROM THE DONOR RESTRICTED ENDOWMENT MAY BE USED TO SUPPORT SCHOLARSHIPS, FACULTY SALARIES, AND OTHER SPECIFIC ENDEAVORS IDENTIFIED IN THE GIFT INSTRUMENTS. PART X, LINE 2: THE MOST SIGNIFICANT TAX POSITIONS OF THE SCHOOL ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS TAX (UBIT). THE SCHOOL FOLLOWS THE GUIDANCE OF ACCOUNTING STANDARDS CODIFICATION (ASC) 740, ACCOUNTING FOR INCOME TAXES, RELATED TO UNCERTAIN INCOME TAXES, WHICH PRESCRIBES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT. IT HAS BEEN DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 115,451. GAMING EXPENSES 26,734. COST OF GOODS SOLD 49,440. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE 3,239,392. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 115,451. GAMING EXPENSES 26,734. COST OF GOODS SOLD 49,440. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE 3,239,392. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED ON OUR WEBSITE, IN HANDBOOKS, AND IN ALL ADVERTISING AND ADMISSIONS PUBLICATIONS. SCHEDULE E, PART I, LINE 6 THE 'BREAKTHROUGH PROGRAM' RECEIVES FUNDING FROM THE TEXAS STATE COMPTROLLER FOR FOOD SERVICES. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 12386633 0 0 0 0 0 0 12386633 0 12386633 1 0 0 1 1 0 FC GOLF TOURNAMENT 56272 21000 35272 2429 8953 8527 550 2997 SPRING PARTY 123273 16500 106773 3755 4109 19792 10120 10505 3 88319 88319 3091 2570 3462 34591 267864 37500 230364 9275 13062 30889 14132 48093 115451 114913 25980 1616 702 1 0.90000 3744 2904 187 1 1.00000 18300 21160 165 1 1.00000 48024 25680 1054 26734 21290 TX 1 0 0 0 1.00000 JANESE MASSEY 4200 COUNTRY DAY LANE FORT WORTH TX 76109 0 TAMMI HODGES 0 CONTROLLER X 0 1 FINANCIAL AID 247 3239392 FMV DIRECT CREDIT TO STUDENT ACCOUNT FORM 990, SCHEDULE I, PART 1, LINE 2 FINANCIAL AID: ALL FINANCIAL AID IS AWARDED TO FAMILIES ON THE BASIS OF FINANCIAL NEED. PARENTS ANNUALLY COMPLETE THE PARENTS' FINANCIAL STATEMENT (PFS) AND SUBMIT IT TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) WHICH COMPUTES A PROJECTED PARENT CONTRIBUTION. PARENTS ARE FURTHER REQUIRED TO SUBMIT A COPY OF ALL FORMS W-2 AND SCHEDULES OF THEIR CURRENT AND ANY STUDENT IRS TAX RETURNS. THE DIRECTOR OF FINANCIAL AID REVIEWS THE COMPUTATIONS AND RECOMMENDS AN AWARD TO PERSONNEL ATTENDING THE FINANCIAL AID REVIEW MEETINGS. THE DIRECTOR OF FINANCIAL AID MAY REQUEST CLARIFICATION ON ANY SUBMITTED FORMS AND IS AT LIBERTY TO SECURE ANY OTHER ADDITIONAL FINANCIAL STATEMENTS OR INFORMATION THAT MAY BE RELEVANT IN DETERMINING A FAMILY'S FINANCIAL NEED. ALL FINANCIAL AID GRANTS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS AND NO FINANCIAL AID DOLLARS DESIGNATED FOR TUITION, BOOKS, MEAL PLAN OR FEES IS EVER HANDED TO THE RECIPIENTS OF THE GRANT. TUITION REMISSION: RECIPIENTS RECEIVE THE BENFIT OF PAYING REDUCED TUITION AND DO NOT RECEIVE FUNDING DIRECTLY FROM THE SCHOOL. IF THE EMPLOYEE QUALIFIES FOR THE REMISSION BENEFIT THEN FUNDS ARE ALLOCATED ON THEIR BEHALF. RECORDS ARE MAINTAINED TO DOCUMENT AND SUPPORT THE ACTIVITY AND BALANCES. X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 ERIC LOMBARDI HEAD OF SCHOOL 297894 0 35000 0 30198 0 0 0 30611 0 393703 0 0 0 THOMAS MITCHELL CHIEF FINANCIAL & OPERATIONS OFFICER 203316 0 0 0 0 0 0 0 28121 0 231437 0 0 0 STEPHEN STACKHOUSE HEAD OF UPPER SCHOOL 129052 0 0 0 0 0 0 0 25034 0 154086 0 0 0 PART I, LINE 1A THE FOLLOWING TAXABLE COMPENSATIONS WERE PROVIDED TO OUR HEAD OF SCHOOL DURING CALENDAR YEAR 2018. COUNTRY CLUB DUES AND HOUSING ALLOWANCE. HOUSING ALLOWANCE: THE SCHOOL WILL PAY THE HEAD OF SCHOOL A HOUSING ALLOWANANCE EQUAL TO $30,198 EACH CONTRACT YEAR (THE HOUSING ALLOWANCE). EACH YEARS HOUSING ALLOWANCE WILL BE PAID IN TWELVE EQUAL MONTHLY PAYMENTS AND SHALL BE PAYABLE ON THE FIRST DAY OF EACH CALENDAR MONTH. THE HOUSING ALLOWANCE PAYMENTS SHALL BE SUBJECT TO ALL APPROPRIATE WITHHOLDINGS AND DEDUCTIONS. THE HEAD OF SCHOOL SUPPORT COMMITTEE MEETS ANNUALLY TO DISCUSS BONUSES. THEY USE INDEX BENCHMARKING DATA TO ASSIST THEM IN DETERMINING THE INCREASE FOR THE HEAD OF SCHOOL EVERY YEAR. PART I, LINE 7 THE HEAD OF SCHOOL SUPPORT COMMITTEE MEETS ANNUALLY TO DISCUSS. THEY USE INDEX BENCHMARKING DATA TO ASSIST THEM IN DETERMINING THE INCREASE FOR THE HEAD OF SCHOOL EVERY YEAR. THE $35,000 WAS WHAT WAS NEEDED TO GET HIM TO WHERE HE NEEDED TO BE BASED ON EXPERIENCE AND PERFORMANCE RELATIVE TO HIS PEERS. A SANGER CULTURAL EDUCATION FACILITIES FINANCE CORP 263736640 2016-01-14 8305000 CONSTRUCTION OF FACILITIES, REFUND 0 0 0 A 885000 8305000 72084 1677000 6555916 2016 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 NA 0 0 0 0 0 A 0 X 5 58988 FAIR MARKET VALUE X OTHER NON-CASH DONATIONS 1 1200 FMV 0 0 0 PART I, COLUMN (B): THIS NUMBER REFERS TO THE NUMBER OF DONATIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B FORT WORTH COUNTRY DAY SCHOOL WILL REVIEW THE DRAFT OF THE FORM 990 AS PREPARED BY OUR INDEPENDENT ACCOUNTING FIRM AS FOLLOWS: 1) REVEIW BY THE HEAD OF SCHOOL, 2) REVIEW BY THE CHIEF FINANCIAL OFFICER, 3) REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND 4) ACKNOWLEDGMENT BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR, EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENT REQUIRES THE BOARD MEMBER TO AFFIRM THAT THERE ARE NO KNOWN CONFLICTS OF INTEREST OR IDENTIFY AND DISCLOSE TRANSACTIONS AND FINANCIAL DEALINGS WITH THE SCHOOL. THESE STATEMENTS ARE REVIEWED BY THE PRESIDENT OF THE BOARD AND THE TREASURER WHO REPORTS TO THE EXECUTIVE COMMITTEE. AFTER REVIEW, THE STATEMENTS OF THE PRESIDENT AND TREASURER ARE SUBMITTED FOR REVIEW TO THE FULL EXECUTIVE COMMITTEE. UPON FINAL REVIEW, THESE STATEMENTS ARE KEPT ON FILE AT FWCD AND ARE AVAILABLE FOR REVIEW BY ANY INTERESTED TRUSTEE. AT THE BEGINNING OF A BOARD COMMITTEE DISCUSSION OF ANY ISSUE IN WHICH A DIRECTOR OR OFFICER, A CLOSE FAMILY MEMBER OR ANOTHER ORGANIZATION IN WHICH THEY HOLD A POSITION OF POWER MAY HAVE AN INTEREST, THE TRUSTEE WILL BE REQUIRED TO DISCLOSE THAT INTEREST AND ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF TRUSTEES SETS TUITION INCREASES AND THE PERCENTAGE INCREASE FOR SALARIES. THIS AMOUNT IS ALLOCATED TO FACULTY, STAFF AND ADMINISTRATORS BASES ON MERIT AND WITHIN A RANGE. FORT WORTH COUNTRY DAY IS A MEMBER OF THE INDEPENDENT SCHOOL ASSOCIATION OF THE SOUTHWEST, (ISAS) ITS ACCREDITING AGENCY, WHICH COMPILES AN ANNUAL REPORT BASED ON SALARY DATA SUBMITTED BY EACH MEMBER SCHOOL. THERE ARE CATEGORIES IN THIS REPORT SPECIFICALLY IDENTIFIED BY INDEPENDENT SCHOOL POSITIONS, (KEY EMPLOYEES) SUCH AS HEAD OF SCHOOL, CHIEF FINANCIAL OFFICER, DIRECTOR OF ADVANCEMENT, DIRECTOR OF ADMISSIONS, ETC. A SIMILAR REPORT IS ALSO FURNISHED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND INDEX, BOTH OF WHICH THE SCHOOL IS A MEMBER. THESE ALSO SERVE AS TOOLS FOR MEASUREMENT OF RANGES OF SALARIES BY POSITION WITHIN AN INDEPENDENT SCHOOL, SPECIFICALLY BY REGIONS WITHIN THE UNITED STATES FOR THE HEAD OF THE SCHOOL. A COMPENSTATION COMMITTEE APPOINTED BY THE BOARD OF TRUSTEES USES THIS DATA TO DEVELOP A RECOMMENDATION FOR AN ANNUAL CONTRACT. THE BOARD OF TRUSTEES GIVE FINAL APPROVAL. THIS PROCESS LAST TOOK PLACE IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE FOR REVIEW IN THE BUSINESS OFFICE AT FORT WORTH COUNTRY DAY SCHOOL. OUR ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE ON OUR WEBSITE. FORM 990, PART XII, LINE 2C: FORT WORTH COUNTRY DAY SCHOOL HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THE OVERSIGHT AND SELECTION PROCESS DID NOT CHANGE FROM THE PRIOR TAX YEAR. PAS HOLDINGS LLC 4200 COUNTRY DAY LANE FORT WORTH TX 76109 751085363 RENTAL TX 0 0 FWCD SCHOOL