2019-03-08T09:06:57-06:00 2018-06-30 383635706 REHMANN ROBSON LLC 5070 N HIGHWAY A1A STE 250 VERO BEACH FL 32963 990 2017-07-01 591059214 SAINT EDWARD'S SCHOOL INC SAIN 7724922313 1895 SAINT EDWARDS DRIVE VERO BEACH FL 32963 JEFF HURWITZ TREASURER 7724922313 2019-03-08 1 DEBORAH A CRUM CPA P00282890 7722348484 2019-02-08 50.196.70.101 2019-03-08 09:06:28 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1B1EB67503F42D26C61E1D9FD285EFCDCA9CBE58 2017 2019-02-21 02:37:17Z MICHAEL MERSKY HEAD OF S 1895 SAINT EDWARDS DRIVE VERO BEACH FL 32963 16337575 0 X STEDS.ORG X 1965 FL SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONGLEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGHPREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPALTRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHOWORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND. 21 16 247 150 172240 -15605 1790395 1650568 13801221 14251544 -11112 49507 209912 200484 15790416 16152103 2198720 2303225 0 0 7784508 8600820 0 0 466005 4857707 4879597 14840935 15783642 949481 368461 40787102 43591930 5474416 6605752 35312686 36986178 X SAINT EDWARD'S SCHOOL IS A COMMUNITY AND CULTURE WHICH PROMOTES LIFE-LONG LEARNING BY DEVELOPING CRITICAL THINKING, COLLABORATION, AND A THOROUGH PREPARATION FOR COLLEGE AND THE FUTURE. FOUNDED UPON THE EPISCOPAL TRADITION, THE FOCUS IS ON THE WHOLE CHILD, LED BY A STRONG FACULTY WHO WORK TO HELP ALL STUDENTS REACH THEIR FULL POTENTIAL IN THE CLASSROOM AND BEYOND. 0 0 10878117 2303225 13991331 ST. EDWARD'S SCHOOL PROVIDES EDUCATION FOR PRIMARY, INTERMEDIATE AND SECONDARY STUDENTS. APPROXIMATELY 585 STUDENTS WERE SERVED. 233917 313102 ST. EDWARD'S SCHOOL PROVIDES SEVERAL AUXILIARY SERVICES SUCH AS A SUMMER CAMP PROGRAM, RECREATIONAL/CLUB SWIM TEAM, TUTORIAL CENTER, AND EXTENDED DAY CARE. 11112034 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 38 0 1 247 1 1 1 0 0 0 0 1 1 0 0 0 0 X 21 16 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BETH ZAMERSKI 7724922313 1895 ST EDWARDS DR VERO BEACH FL 32963 KEVIN BARRY CHAIRMAN 8.00 X X 0 0 0 RICHARD MCDERMOTT VICE-CHAIR 8.00 X X 0 0 0 JEFF HURWITZ TREASURER/SECRETARY 8.00 X X 0 0 0 SUSAN MORRISON TRUSTEE 2.00 X 0 0 0 TREY SMITH TRUSTEE 2.00 X 0 0 0 RONALD J RENNICK JR TRUSTEE 2.00 X 0 0 0 EMILY R TREMML TRUSTEE 2.00 X 0 0 0 ROGER LYNCH TRUSTEE 8.00 X 0 0 0 WENDY PORTER TRUSTEE 2.00 X 0 0 0 MARK GERBER TRUSTEE 2.00 X 0 0 0 SANDY HAMMONDS TRUSTEE 2.00 X 0 0 0 JOHN LOWENBERG TRUSTEE 2.00 X 0 0 0 BRYAN CORRIGAN TRUSTEE 2.00 X 0 0 0 MARGARET ANNE EVANS TRUSTEE 2.00 X 0 0 0 ANDREW KENNEDY TRUSTEE 2.00 X 0 0 0 ANGELA WALDROP TRUSTEE 2.00 X 0 0 0 JASON FYKES TRUSTEE 2.00 X 0 0 0 KEVIN GIVEN TRUSTEE 2.00 X 0 0 0 REV CHRIS RODRIGUEZ TRUSTEE 2.00 X 0 0 0 DARREN SYLVIA TRUSTEE 2.00 X 0 0 0 CHRISTINE KAHLER TRUSTEE 2.00 X 0 0 0 MICHAEL MERSKY HEAD OF SCHOOL 40.00 X 316933 0 36883 BRUCE WACHTER HEAD OF UPPER SCHOOL 40.00 X 139371 0 11977 BETH ZAMERSKI CFO 40.00 X 130833 0 32223 QUEN VOYLES DIRECTOR OF TECHNOLOGY 40.00 X 101642 0 10176 KEIRA MURPHY HEAD OF MIDDLE SCHOOL 40.00 X 125050 0 25208 BARBARA MOHLER HEAD OF LOWER SCHOOL 40.00 X 100998 0 9926 914827 0 126393 6 0 1 0 SODEXO INC PO BOX 360170 PITTSBURGH PA 15251 MAINTENANCE 414103 VILLAGE FLOORING AND DECORATING CENTER 358 HIBISCUS AVE D MERRITT ISLAND FL 32953 REPLACEMENT OF CARPET/FLOORING THROUGHOU 283165 AMERICAN BUS SALES LLC PO BOX 153 COLLINSVILLE OK 74021 PURCHASE OF BUSES 183510 MID-STATE MECHANICAL OF VERO BEACH INC 3825 71ST STREET VERO BEACH FL 32967 REPLACEMENT OF HVAC EQUIPMENT 116156 APPLE INC PO BOX 281877 ATLANTA GA 30384 PURCHASE OF COMPUTERS/IPADS 109059 6 306575 1343993 164674 1650568 TUITION & FEES 611110 13610108 13610108 OTHER PROGRAM REVENUE 611110 328334 328334 AUXILIARY SERVICES - TAXABLE 713990 172240 172240 AUXILIARY SERVICES - EXEMPT 611110 140862 140862 14251544 41052 41052 8565 110 8455 8455 8455 271689 306575 115639 156050 156050 105682 69723 35959 35959 RENTAL INCOME 531190 8475 8475 8475 16152103 14132193 172240 197102 2303225 2303225 304483 213138 91345 6857117 4935499 1701018 220600 302738 218137 84601 557222 401505 155717 579260 362523 140599 76138 28958 28958 61795 61795 66172 66172 126928 9250 117678 247153 247153 435590 435590 2179 2179 939456 732775 187892 18789 627217 445324 181893 CRP EXPENSES 408464 408464 BUILDING/GROUNDS MAINTE 312659 312659 SPORTS 267719 267719 DISCRETIONARY FUND 107500 107500 1247807 645834 542840 59133 15783642 11112034 4205603 466005 7329204 8862416 1410401 917024 37035 57857 29665 23985 34508891 19598012 15468711 14910879 15811526 18105950 700560 713819 40787102 43591930 503865 860002 4680231 5430267 290320 315483 5474416 6605752 X 22309779 22746443 3453876 4213139 9549031 10026596 35312686 36986178 40787102 43591930 368461 1305031 0 X 0 1 X 1 0 X 1 331516 1 1 11567546 1031915 1023167 272731 13349897 9020496 1626619 1194344 273913 11567546 8114280 1555512 -382319 266977 9020496 7310004 696000 304916 196640 8114280 6112769 399206 944143 146114 7310004 1.00000 0 0 695256 695256 24509070 12263651 12245419 3704845 2603335 1101510 5599720 4731026 868694 14910879 RESERVE FOR LEARNING SUPPORT SERVIC 44979 SCIENCE NATIONAL HONOR SOCIETY RESE 765 BOOK RESERVE- LOWER SCHOOL TEXTS 40480 BAND EQUIPMENT MAINTENANCE RESERVE 6049 MU ALPHA THETA CLUB FUNDS 772 TABLET DEPOSITS 40592 RESERVE FOR LONG RANGE PLANNING PRO 3993 A/P-L/S DISCRETIONARY FUND 51951 A/P-M/S DISCRETIONARY FUND 35542 A/P-U/S DISCRETIONARY FUND 27817 RESERVE FOR LACROSSE 1471 STUDENT ACTIVITY-CLUB FUNDS 12695 SUPERFANS CLUB 654 RESERVE FOR LS BOX TOPS 2231 RESERVE FOR US LIBRARY 45492 315483 X 15318866 1305031 164957 1469988 13848878 2303225 2303225 16152103 13645374 164957 164957 13480417 2303225 2303225 15783642 PART V, LINE 4: PROGRAM SUPPORT FUNDS ENHANCE THE CURRICULUM AND SUPPORT PROGRAMS VITAL TO THE SCHOOL'S MISSION. FACULTY SUPPORT FUNDS RECOGNIZE THAT A VITAL AND ENERGIZED FACULTY ARE THE HALLMARK OF AN EXCEPTIONAL INDEPENDENT SCHOOL. THESE GIFTS NOURISH AND STRENGTHEN THE FACULTY AS WELL AS HONOR THEIR MANY ACHIEVEMENTS. FACILITY SUPPORT FUNDS ENSURE THE STEWARSHIP OF THE PHYSICAL RESROUCES. STUDENT SUPPORT FUNDS PROVIDE FINANCIAL ASSISTANCE SO THAT TALENTED STUDENTS THROUGHOUT THE COMMUNITY ARE ABLE TO ATTEND SAINT EDWARD'S SCHOOL. PART X, LINE 2: THE SCHOOL ANALYZES ITS INCOME TAX FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS IN THESE JURISDICTIONS, TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS. THE SCHOOL TREATS INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, AND REFLECTS ANY CHARGES FOR SUCH, TO THE EXTENT THEY ARISE, AS A COMPONENT OF ITS MANAGEMENT AND GENERAL EXPENSES. THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. THE SCHOOL HAS BEEN CLASSIFIED AS NOT A PRIVATE FOUNDATION. ALTHOUGH THE SCHOOL WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME". SUCH INCOME, PURSUANT TO THE INTERNAL REVENUE CODE AND RELATED REGULATIONS, INCLUDES PROGRAM INCOME AND INVESTMENT INCOME SUCH AS INTEREST RECEIVED FROM SOURCES OTHER THAN DIRECTLY FROM DONORS OR GRANTORS. THE SCHOOL HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR FISCAL YEARS 2015 THROUGH 2018, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION AS OF JUNE 30, 2018. THE SCHOOL CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE SCHOOL DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT JUNE 30, 2018 OR 2017, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION DIFFERENCE 164,957. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & EMPLOYEE TUITION REMISSION 2,303,225. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION DIFFERENCE 164,957. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND EMPLOYEE TUITION REMISSION 2,303,225. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ST. EDWARD'S NON-DISCRIMINATORY POLICY IS PUBLICIZED WHEN SOLICITING FOR STUDENTS AND IN ALL ON-CAMPUS EVENT PROGRAMS AND BROCHURES. ANNUAL BENFIT 377225 306575 70650 500 1500 31673 29146 PARENTS ASSOCIATION 201039 201039 52820 578264 306575 271689 500 1500 31673 81966 115639 156050 1 FINANCIAL AID-EXISTING STUDENTS 98 1592652 BENEFIT- EMPLOYEE TUITION REMISSION 57 710573 SCHEDULE I - PART III TUTION REMISSION AND FINANCIAL AID ARE A REDUCTION OF THE STUDENT'S TUITION AND NO MONEY IS DIRECTLY PAID TO THE STUDENTS OR PARENTS. X X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 MICHAEL MERSKY HEAD OF SCHOOL 307052 0 0 0 9881 0 31500 0 5383 0 353816 0 0 0 BRUCE WACHTER HEAD OF UPPER SCHOOL 139371 0 0 0 0 0 6901 0 5076 0 151348 0 0 0 BETH ZAMERSKI CFO 130833 0 0 0 0 0 5004 0 27219 0 163056 0 0 0 KEIRA MURPHY HEAD OF MIDDLE SCHOOL 125050 0 0 0 0 0 5996 0 19212 0 150258 0 0 0 PART I, LINE 1A THE FOLLOWING BENEFITS ARE PROVIDED TO MICHAEL MERSKY, THE HEAD OF SCHOOL: 1) DISCRETIONARY SPENDING ACCOUNT:THE DISCRETIONARY ACCOUNT IS AN AMOUNT IN THE SCHOOL'S BUDGET EACH YEAR THAT THE HEAD OF SCHOOL IS ALLOWED TO DIRECT THE SPENDING. IT MUST ONLY BE USED FOR SCHOOL EXPENSES, NOT PERSONAL EXPENSES. 2) HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: A RESIDENCE FOR PERSONAL USE IS PROVIDED TO THE HEAD OF SCHOOL. THE VALUE OF THE BENEFIT IS ESTIMATED TO BE $46,175 AND IS NOT TREATED AS TAXABLE COMPENSATION. 3) HEALTH OR SOCIAL CLUB DUES: THE HEAD OF SCHOOL RECEIVED $4,696 FOR CLUB DUES WHICH WAS TREATED AS TAXABLE COMPENSATION. 4) TRAVEL FOR COMPANIONS: THE HEAD OF SCHOOL ATTENDS AN ANNUAL CONFERENCE FOR HEAD OF SCHOOLS NATIONWIDE. THE CONFERENCE INCLUDES PROGRAMMING FOR SPOUSES AND INCLUDES SPOUSES IN THE CONFERENCE. THE SCHOOL PAYS AIRFARE FOR THE HEAD OF SCHOOL SPOUSE ONLY FOR THIS CONFERENCE. JASON FYKES BOARD MEMBER 26990 EMPLOYEE TUITION REMISSION SCHOOL TUITION JEFF HURWITZ BOARD MEMBER 13540 EMPLOYEE TUITION REMISSION SCHOOL TUITION KEVIN GIVEN BOARD MEMBER 13540 EMPLOYEE TUITION REMISSION SCHOOL TUITION WHITNEY SMITH SPOUSE OF BOARD MEMBER 10015 RECEIVED COMPENSATION 0 KELLY FYKES SPOUSE OF BOARD MEMBER 43203 RECEIVED COMPENSATION 0 PAULA GIVEN SPOUSE OF BOARD MEMBER 32115 RECEIVED COMPENSATION 0 ELIZABETH HURWITZ SPOUSE OF BOARD MEMBER 41831 RECEIVED COMPENSATION 0 LOUISE KENNEDY FAMILY OF BOARD MEMBER 51571 RECEIVED COMPENSATION 0 X 17 164674 NYSE 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE EPISCOPAL DIOCESE BISHOP HAS THE RIGHT TO APPOINT THE DIOCESE'S BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PROVIDED TO THE BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED ANNUALLY AND ANY POTENTIAL CONFLICTS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15A COMPARISON WITH COMPATIBILITY DATA OF EQUIVALENT SCHOOLS; PERFORMANCE EVALUATION; NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL (NAIS), REVIEW BY OUTSIDE COMPENSATION CONSULTANT, AND FLORIDA COUNCIL OF INDEPENDENT SCHOOLS (FCIS)STATISTICS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.