2019-03-07T17:26:07-06:00 2018-06-30 752393478 WHITLEY PENN LLP 8343 DOUGLAS AVENUE SUITE 400 DALLAS TX 75225 990 2017-07-01 751390485 PARISH EPISCOPAL SCHOOL PARI 9722398011 4101 SIGMA ROAD DALLAS TX 75244 MARK KIRKPATRICK CFO 9722398011 2019-03-05 1 CURTIS MAXFIELD P00445178 2143939300 66.51.12.244 2019-03-05 15:23:30 CS P 4B5B50489232FC285D498B6E23FEEB827DEAB140 5AB0508C917B9D793C9B3D17A0B80BA1E12A49C9 2017 2019-02-21 02:37:17Z MARK KIRKPATRICK 4101 SIGMA ROAD DALLAS TX 75244 43195633 0 X WWW.PARISHEPISCOPAL.ORG X 1972 TX INSPIRED BY ITS VALUES OF WISDOM, HONOR, AND SERVICE, PARISH EPISCOPAL SCHOOL'S INCLUSIVE EPISCOPAL COMMUNITY GUIDES YOUNG PEOPLE TO BECOME CREATIVE LEARNERS AND BOLD LEADERS PREPARED TO IMPACT OUR COMPLEX GLOBAL SOCIETY. 25 25 439 522 1631 631 5110124 10608585 29908804 31059645 45315 98719 697087 317591 35761330 42084540 2467184 2534000 0 0 19463812 20287569 0 0 797156 10774098 11712188 32705094 34533757 3056236 7550783 68142745 73711237 46453902 44471611 21688843 29239626 INSPIRED BY ITS VALUES OF WISDOM, HONOR, AND SERVICE, PARISH EPISCOPAL SCHOOL'S INCLUSIVE EPISCOPAL COMMUNITY GUIDES YOUNG PEOPLE TO BECOME CREATIVE LEARNERS AND BOLD LEADERS PREPARED TO IMPACT OUR COMPLEX GLOBAL SOCIETY. 0 0 29738167 2534000 31218294 DURING THE FISCAL YEAR ENDED JUNE 30, 2018, PARISH EPISCOPAL SCHOOL PROVIDED QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,100 STUDENTS IN GRADES PRESCHOOL THROUGH TWELFTH GRADE. 29738167 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 1 0 0 1 148 0 1 439 1 1 1 0 0 0 0 1 1 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 1 1 X MARK KIRKPATRICK 9722398011 4101 SIGMA ROAD DALLAS TX 75244 TIM ELLER BOARD OF TRUSTEES - CHAIR 1.00 X X 0 0 0 ANDREA MAYFIELD BOARD OF TRUSTEES - VICE CHAIR 1.00 X X 0 0 0 BOB MARSHALL TRUSTEE 1.00 X 0 0 0 TREY VELVIN BOARD OF TRUSTEES - SECRETARY 1.00 X 0 0 0 THE REV CASEY SHOBE RECTOR THE CHURCH OF TRANSFIGURATION 1.00 X 0 0 0 ELIZABETH KERNER SENIOR WARDEN CHURCH OF THE TRANSFIGURATION 1.00 X 0 0 0 RANDY POLKA TRUSTEE 1.00 X 0 0 0 ALLEN BELL BOARD OF TRUSTEES - TREASURER 1.00 X X 0 0 0 RON DENHEYER TRUSTEE 1.00 X 0 0 0 HOLLYE FISK TRUSTEE 1.00 X 0 0 0 JAY MADRID TRUSTEE 1.00 X 0 0 0 STEVE MCDONALD TRUSTEE 1.00 X 0 0 0 ALYSON JACKSON TRUSTEE 1.00 X 0 0 0 BILL RADEMACHER TRUSTEE 1.00 X 0 0 0 JOHN SCULLY TRUSTEE 1.00 X 0 0 0 LYNN SMITH TRUSTEE 1.00 X 0 0 0 CAROL CARRINGTON TRUSTEE 1.00 X 0 0 0 WARREN WHITE TRUSTEE 1.00 X 0 0 0 BETH GERWE TRUSTEE 1.00 X 0 0 0 KIMBERLY RICH TRUSTEE 1.00 X 0 0 0 JOYCE ROGGE TRUSTEE 1.00 X 0 0 0 ALEX SHARMA TRUSTEE 1.00 X 0 0 0 MICHELLE GOUGH TRUSTEE 1.00 X 0 0 0 MIKE PEGUES TRUSTEE 1.00 X 0 0 0 LAURA BREWSTER TRUSTEE 1.00 X 0 0 0 BRAD PHILLIPS TRUSTEE 1.00 X 0 0 0 J MARK KIRKPATRICK CHIEF FINANCIAL OFFICER 40.00 1.00 X 196523 0 22210 DAVE MONACO ALLEN MEYER FAMILY HEAD OF SCHOOL 40.00 X 414087 0 62818 MICHELLE LYON ASSISTANT HEAD OF SCHOOL 40.00 X 170990 0 16747 MARCI MCLEAN CHIEF ADVANCEMENT OFFICER 40.00 X 125610 0 26639 BRETT MCCABE ATHLETIC DIRECTOR 40.00 X 113423 0 21983 AMY ARIAGNO DIRECTOR OF FINANCE 40.00 X 114398 0 23626 JENNIFER WILSON HEAD OF LOWER SCHOOL 40.00 X 119692 0 13251 MEGAN WHITMAN ASSISTANT HEAD OF MIDDLE SCHOOL 40.00 X 124423 0 11644 1379146 0 198918 8 0 1 0 MCCARTHY BUILDING COMPANIES 12001 N CENTRAL EXPRESSWAY SUITE 4 DALLAS TX 75243 CONSTRUCTION CONTRACTOR 4196441 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 896493 RELIANT ENERGY PO BOX 120954 DALLAS TX 753120954 ELECTRIC SERVICE PROVIDER 382080 CORPORATE BUILDING SERVICES 11325 TANTOR ROAD DALLAS TX 75229 CLEANING SERVICE 302307 CHURCH OF THE TRANSFIGURATION 14115 HILLCREST ROAD DALLAS TX 75254 BUILDING SERVICES 278303 10 207116 203562 410500 9787407 414341 10608585 TUITION & FEES 611110 28132244 28132244 ENRICHMENT PROGRAMS 611699 1626290 1626290 CAFETERIA 722100 922936 922936 AFTERNOON PREK 611110 200305 200305 CHILD DEVELOPMENT CENTER 624410 177870 177870 31059645 113833 113833 2260 240 2020 2020 2020 15114 -15114 -15114 -15114 638344 203562 511647 126697 126697 25075 9575 15500 15500 714904 574517 140387 138756 1631 MISCELLANEOUS 611699 32987 32987 32987 42084540 31218294 1631 256030 2534000 2534000 815111 326292 488819 15578176 13355365 1748772 474039 829612 647523 150726 31363 1919825 1698366 172814 48645 1144845 961863 141719 41263 35155 35155 56810 56810 80 80 905736 856351 49385 81052 19679 61373 306455 306455 274459 274459 2033866 1965810 57975 10081 181164 181164 808038 787837 16161 4040 3147811 3069116 62956 15739 318644 303669 11980 2995 INSTRUCTION 2140655 2118109 22542 4 OTHER 708049 555644 149556 2849 DEVELOPMENT 334729 0 168650 166079 SECURITY 294199 293906 234 59 85286 63473 21813 34533757 29738167 3998434 797156 23862770 26184327 4310039 9831884 2273713 1780004 411267 365216 2574850 2374020 67959256 34996077 34497762 32963179 52614 52877 159730 159730 68142745 73711237 3814727 2752096 18846171 19028088 21835795 20940656 1750000 1500000 207209 250771 46453902 44471611 X 15531125 15188124 6157718 14051502 21688843 29239626 68142745 73711237 7550783 0 X X 0 1 X 1 0 X 20689618 -32870 1315294 410500 0 114839 21446703 19933442 120893 1084195 347600 101312 20689618 23756240 -3283322 -151074 306900 81501 19933443 23522188 202655 443511 221783 84346 105985 23756240 22162274 181380 1476418 159942 71755 66187 23522188 0.88750 0.08730 0.02520 0 1 1 2607000 2607000 50622246 26391840 24230406 12434837 6828960 5605877 2295173 1775277 519896 32963179 DEFERRED COMPENSATION PAYABLE 250771 250771 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE BENEFIT OF PARISH EPISCOPAL SCHOOL. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND THEREFORE NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAXES IN THE FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAD UNRELATED BUSINESS INCOME OF $1,631 AND $1,700 FOR FISCAL 2018 AND 2017. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAXES. MANAGEMENT HAS EVALUATED THE SCHOOL'S FEDERAL AND STATE TAX POSITIONS AND BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AND BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO FILE AN ANNUAL INFORMATION RETURN WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE SCHOOL FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION WITHIN THE UNITED STATES AND NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PARISH PUBLISHES A NONDISCRIMINATORY AD IN THE DALLAS MORNING NEWS EACH YEAR TO COMPLY WITH ITS NONDISCRIMINATORY POLICY. ITS POLICY IS ALSO DISCLOSED ON THE ENROLLMENT APPLICATION AND ON ITS WEBSITE. ANNUAL GALA 698725 145862 552863 108891 63211 152006 GOLF TOURNAMENT 82265 57000 25265 8690 4461 2663 1 18668 700 17968 2000 8426 6674 799658 203562 596096 8690 4461 110891 71637 161343 357022 239074 14375 6881 0 10700 2694 0 25075 9575 9575 15500 TX 1 0 1 0 0.75000 0.25000 AMY ARIAGNO 4101 SIGMA ROAD DALLAS TX 75244 0 DIANA HAMILTON ORGANIZES AND PLANS GAMING EVENT AND MANAGES THE ACTUAL EVENT. X 0 1 FINANCIAL ASSISTANCE PROVIDED TO STUDENTS 145 2534000 FMV TUITION PART I, LINE 2: ALL FINANCIAL ASSISTANCE GRANTS ARE PROVIDED AS A DISCOUNT TO TUITION WHICH IS BILLED FOR EACH STUDENT, CASH IS NOT PROVIDED TO THE GRANTEE. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 J MARK KIRKPATRICK CHIEF FINANCIAL OFFICER 196523 0 0 0 0 0 10342 0 11868 0 218733 0 0 0 DAVE MONACO ALLEN MEYER FAMILY HEAD OF SCHOOL 374087 0 40000 0 0 0 46834 0 15984 0 476905 0 0 0 MICHELLE LYON ASSISTANT HEAD OF SCHOOL 170990 0 0 0 0 0 8659 0 8088 0 187737 0 0 0 SCHEDULE J, PART I, LINE 1A BONUS PAYMENTS MADE TO DAVID MONACO, HEAD OF SCHOOL, ARE SUBJECT TO GROSS UP/TAX INDEMNIFICATION. DAVID MONACO IS ALSO PROVIDED A DISCRETIONARY BUDGET TO BE USED FOR THE ADVANCEMENT OF THE SCHOOL'S GOALS, OBJECTIVES AND MISSION IN THE BROADER COMMUNITY. SCHEDULE J, PART I, LINE 4 EFFECTIVE JULY 1, 2011, DAVID MONACO, HEAD OF SCHOOL, IS AWARDED A SPECIAL GRANT EACH YEAR FOR THE NEXT TEN YEARS WHICH VESTS IN YEAR 10. FOR THE FISCAL YEAR ENDED JUNE 30, 2018, THE SCHOOL RECORDED $43,562 IN EXPENSES RELATED TO THE SPECIAL GRANT. THE CUMULATIVE DEFERRED LIABILITY AT JUNE 30, 2018 IS $250,771. A RED RIVER EDUCATION FINANCE CORPORATION 752791247 2010-12-30 27325000 PROVIDE EDUCATION FACILITIES FOR USE AT THE FARMERS BRANCH, TX CAMPUS 0 0 0 A 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 HAROLD MACDOWELL FORMER TRUSTEE 187575 CAMPUS MAINTENANCE & SERVICE 0 X 6888 FMV X 1555 5378 MARKET VALUE X 27 17270 FMV X FURNITURE 2 3050 FMV X GIFT BASKETS & CERTIFICATES 27 3040 FMV X JEWELRY 27 1459 FMV X SCOOTER 2 405 FMV 0 1 1 PART I, LINE 32B: PARISH EPISCOPAL SCHOOL HIRES A THIRD PARTY ORGANIZATION TO ORGANIZE AND TRACK THE SALE AND PROCEEDS FROM THE NON-CASH ITEMS SOLICITED BEFORE AND DURING THE GALA. AN AUCTIONEER IS HIRED TO CONDUCT THE LIVE AUCTION AT THE EVENT. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE RISK MANAGEMENT COMMITTEE PRIOR TO FILING. THE FORM 990 IS ALSO MADE AVALIABLE TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WAS ORIGINALLY APPROVED BY THE BOARD IN 1998 AND WAS MOST RECENTLY AMENDED IN 2007. THE POLICY IS DISTRIBUTED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS AND IS INCLUDED IN THE BOARD OF TRUSTEES MANUAL. THE POLICY REQUIRES THE BOARD MEMBER TO ATTEST THEY HAVE NOT HELD ANY OFFICE OR DIRECTORSHIP OR HAVE A PERSONAL FINANCIAL INTEREST, DIRECTLY OR INDIRECTLY, IN ANY CORPORATION, PARTNERSHIP OR ENTITY WHICH TRANSACTS BUSINESS WITH PARISH EPISCOPAL SCHOOL (THE SCHOOL), THEY DO NOT INDIVIDUALLY TRANSACT ANY BUSINESS, DIRECTLY OR INDIRECTLY, WITH THE SCHOOL AND ARE NOT RELATED TO ANY INDIVIDUAL IN THE EMPLOY OF THE SCHOOL OR DOING BUSINESS WITH THE SCHOOL. AT EACH COMMITTEE AND BOARD MEETING, MEMBERS ARE EXPECTED TO COMPLY WITH THE POLICY. ANY BOARD MEMBERS WITH A POTENTIAL CONFLICT OF INTEREST ARE EXPECTED TO RECUSE THEMSELVES FROM ANY RELEVANT ISSUE AND THE RECUSAL IS REFLECTED IN THE MINUTES OF THAT MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS OUTLINED IN HIS 3 YEAR CONTRACT. EACH YEAR THE EXECUTIVE COMMITTEE REVIEWS THE HEAD OF SCHOOL'S PERFORMANCE AND GOALS AND AN ANNUAL MERIT ADJUSTMENT IS MADE TO HIS COMPENSATION. THE CHIEF FINANCIAL OFFICER'S COMPENSATION IS BASED UPON EXPERIENCE UPON HIRE AND RECEIVES THE MERIT INCREASE FOR STAFF AS ESTABLISHED ANNUALLY BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE SCHOOL COMMUNITY (EMPLOYEES, VOLUNTEER LEADERSHIP, TRUSTEES)BUT NOT TO THE GENERAL PUBLIC OUTSIDE THE SCHOOL COMMUNITY. FORM 990, PART XII, LINE 2C: THE FINANCIAL REPORTING OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PARISH EPISCOPAL SCHOOL ENDOWMENT FUND 4101 SIGMA ROAD DALLAS TX 75244 752264376 FUND RAISING TX 501(C)(3) LINE 12B, II N/A 0 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 PARISH EPISCOPAL SCHOOL ENDOWMENT FUND C 410500 CASH PARISH EPISCOPAL SCHOOL ENDOWMENT FUND E 20940656 BOOK VALUE OF TAX EXEMPT BONDS