2019-03-13T19:45:01-05:00 2018-06-30 113518842 MARKS PANETH LLP 4 MANHATTANVILLE ROAD PURCHASE NY 10577 990 2017-07-01 060646657 GREENWICH COUNTRY DAY SCHOOL INC GREE 2038635600 PO BOX 623 GREENWICH CT 06836 WILLIAM AUERSWALD CHIEF FINANCIAL OFFICER 2038635600 2019-03-12 1 SCOTT M BRENNER P01247233 9145249000 65.51.91.130 2019-03-12 16:14:48 ED P B4678CB401942208BE00711E62BF6B9D80DAB30D DC41D64BBBE85F66F669394821948C3833258226 2017 2019-02-21 02:37:17Z WILLIAM AUERSWALD PO BOX 623 GREENWICH CT 06836 59307435 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. 24 24 386 474 0 0 11506892 15587489 34130368 35054164 3639544 4451867 358366 364056 49635170 55457576 3533420 2751600 0 0 26063090 28076593 0 0 1679657 10279676 11658672 39876186 42486865 9758984 12970711 201647673 232342519 45858335 61043758 155789338 171298761 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 32984758 2751600 35018832 STUDENTS FROM NURSERY THROUGH NINTH GRADE AND SUMMER PROGRAMS. TOTAL OF 900 STUDENTS WERE ENROLLED FOR THE SCHOOL YEAR 2017-2018. ADDITIONALLY, THERE WERE APPROXIMATELY 451 STUDENTS ENROLLED IN SUMMER PROGRAMS. 32984758 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 1 0 0 1 132 0 1 386 1 0 0 0 0 0 0 0 0 0 0 X 24 24 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 DANIEL OFFIT PRESIDENT 2.00 X X 0 0 0 CARRIE FREEMAN BRADDOCK TRUSTEE 2.00 X 0 0 0 ALISA S BROCKELMAN TRUSTEE 2.00 X 0 0 0 VICKI UNDERWOOD CRAVER TREASURER 2.00 X 0 0 0 WEAR CULVAHOUSE TRUSTEE 2.00 X 0 0 0 CHIP EMERY TRUSTEE 2.00 X 0 0 0 LESLIE FOLEY TRUSTEE 2.00 X 0 0 0 MERRILOU HILLENBRAND TRUSTEE 2.00 X 0 0 0 DEBBIE PARKINSON HIRES TRUSTEE 2.00 X 0 0 0 EILEEN KIM TRUSTEE 2.00 X 0 0 0 JAMES MABIE TRUSTEE 2.00 X 4950 0 0 MAGDALENA MIGUENS TRUSTEE 2.00 X 0 0 0 KATE MINCHIN TRUSTEE 2.00 X 0 0 0 CALEB MOORE MD TRUSTEE 2.00 X 0 0 0 SHAHRYAR OVEISSI TRUSTEE 2.00 X 0 0 0 SHARON PLATTER TRUSTEE 2.00 X 0 0 0 JOHN ROACH TRUSTEE 2.00 X 0 0 0 KATHERINE SANDHU TRUSTEE 2.00 X 0 0 0 PETER SCHWEINFURTH TRUSTEE 2.00 X 0 0 0 ALYSA M STAFFORD TRUSTEE 2.00 X 0 0 0 EMILY HOFFMAN STERN TRUSTEE 2.00 X 0 0 0 CHUCK TYLER TRUSTEE 2.00 X 0 0 0 CALEB WATTS TRUSTEE 2.00 X 0 0 0 JONATHAN WEINER TRUSTEE 2.00 X 0 0 0 ADAM ROHDIE HEADMASTER 50.00 X 660921 0 61717 WILLIAM AUERSWALD CHIEF FINANCIAL OFFICER 40.00 X 275597 0 57195 ANABEL M PEREZ DIRECTOR OF DEVELOPMENT 40.00 X 202538 0 47923 JACK C JEPSON FACULTY 40.00 X 175084 0 43454 JOHNNA YESKEY DEAN OF FACULTY 40.00 X 151425 0 46554 ANNE M ALLEN ASSISTANT LOWER SCHOOL HEA 40.00 X 155693 0 44265 CHERYL D PLUMMER DIR. OF ADMISSION & FIN. AID 40.00 X 158526 0 28291 1784734 0 329399 60 0 1 0 INFINITY LANDSCAPING LLC 81 OAK RIDGE STREET GREENWICH CT 06830 LANDSCAPING COMPANY 282325 CAMBRIDGE ASSOCIATES PO BOX 412015 BOSTON MA 02241 INVESTMENT MANAGEMENT 112500 2 15587489 156634 15587489 TUITION & RELATED FEES 611600 35054164 35054164 35054164 921436 921436 364056 0 364056 364056 364056 7380290 3814527 35332 3565763 -35332 3530431 -35332 3565763 55457576 35018832 0 4851255 2751600 2751600 1115262 1115262 17866523 14196821 2498017 1171685 1691414 1285378 356963 49073 6031818 5049136 905947 76735 1371576 1093196 248327 30053 102379 102379 6750 6750 327268 327268 467248 425672 41576 299722 240081 59641 254856 202553 52303 8695 8695 16900 7238 9662 43738 43738 70451 70451 3344196 3344196 243569 243569 INSTRUCTIONAL EXPENSES 2086252 2086252 PHYSICAL PLANT 2000719 2000719 INSTITUTIONAL EXPENSES 790570 0 790570 BAD DEBT EXPENSE 662102 662102 933257 515358 228970 188929 42486865 32984758 7822450 1679657 3000 21847913 18856191 13713849 13335588 15326728 19947672 15703 142252 145225 124440872 35209222 86876267 89231650 36008133 58334121 32940142 5390840 21874918 201647673 232342519 2033455 2665959 29592038 30247527 28000 28000 116902 13907148 14087940 14195124 45858335 61043758 X 89827857 109458630 40945601 34141866 25015880 27698265 155789338 171298761 201647673 232342519 X 12970711 1346343 1076300 116069 X X 0 1 X 1 0 X X 1 0 0 1 X 59958080 585121 5464172 241543 65765830 53378537 301705 7489009 1211171 59958080 58195978 450234 -3507805 1759870 53378537 54958813 1562660 3740746 2066241 58195978 49704765 431491 6422474 1599917 54958813 0.27800 0.42120 0.30080 0 0 15395546 15395546 94845607 27363987 67481620 14199719 7845235 6354484 89231650 ALTERNATIVE INVESTMENTS 32940142 F 32940142 OTHER CURRENT ASSETS - PREPAID EXPENSES 803587 CONSTRUCTION IN PROGRESS 20513711 SECURITY DEPOSIT 83375 DEFERRED COMPENSATION 121050 INSURANCE SUBSCRIBER'S INVESTMENT 79195 BONDS CONSTRUCTIONS 274000 21874918 ACCRUED POSTRETIREMENT HEALTH CARE COSTS 13632410 DEFERRED COMPENSATION 417784 LONG-TERM DEBT, CURRENT PORTION 81355 INTEREST PAYABLE 63575 14195124 X 61088610 1346343 1346343 59742267 327268 -4611959 -4284691 55457576 47386457 5226860 5226860 42159597 327268 327268 42486865 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, 2018, 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 4B - OTHER ADJUSTMENTS: OTHER REVENUE RELATED TO STANWICH SCHOOL -4,611,959. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL POSTRETIREMENT BENEFIT ADJUSTMENT 116,069. OTHER EXPENSES RELATED TO STANWICH SCHOOL 5,110,791. 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 192 2272900 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 659895 0 0 0 1026 0 30600 0 31117 0 722638 0 0 0 WILLIAM AUERSWALD CHIEF FINANCIAL OFFICER 274571 0 0 0 1026 0 30600 0 26595 0 332792 0 0 0 ANABEL M PEREZ DIRECTOR OF DEVELOPMENT 201879 0 0 0 659 0 23088 0 24835 0 250461 0 0 0 JACK C JEPSON FACULTY 170814 0 0 0 4270 0 13944 0 29510 0 218538 0 0 0 JOHNNA YESKEY DEAN OF FACULTY 147463 0 0 0 3962 0 16800 0 29754 0 197979 0 0 0 ANNE M ALLEN ASSISTANT LOWER SCHOOL HEA 153539 0 0 0 2154 0 16752 0 27513 0 199958 0 0 0 CHERYL D PLUMMER DIR. OF ADMISSION & FIN. AID 158049 0 0 0 477 0 17040 0 11251 0 186817 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 6/30/2018 WAS $417,784, AND THERE WAS NO CONTRIBUTION MADE DURING THE YEAR. COSGROVE MARIE FORMER TRUSTEE 55250 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL ROHDIE ADAM HEADMASTER 78100 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL STERNBERG EMILY FORMER TRUSTEE 39850 SCHOLARSHIP/FINANCIAL AID TO ATTEND SCHOOL X 30 156634 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 REVEIWED 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 XI, LINE 9: ACTUARIAL POSTRETIREMENT BENEFIT ADJUSTMENT 116,069. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. GCDS LLC 401 OLD CHURCH ROAD GREENWICH CT 06830 060646657 REAL PROPERTY OWNERSHIP CT 178500 4873069 GREENWICH COUNTRY DAY SCHOOL INC THE STANWICH SCHOOL 257 STANWICH ROAD GREENWICH CT 06830 061506795 SCHOOL CT 501(C)(3) LINE 2 GREENWICH COUNTRY DAY SCHOOL INC 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 THE STANWICH SCHOOL S 3885239 FMV THE STANWICH SCHOOL C 563157 FMV THE STANWICH SCHOOL R 27416717 FMV THE STANWICH SCHOOL D 14168695 FMV