2019-02-21T13:27:57-06:00 2018-06-30 GRANT THORNTON LLP 1617 N WATERFRONT PKWY STE 100 WICHITA KS 67206 990 2017-07-01 751022742 Greenhill School % KENDRA GRACE GREE 9726285400 4141 Spring Valley Road Addison TX 750013683 KENDRA GRACE CFO 9726285400 2019-02-20 true DANIEL ROMANO P00504182 3162653231 2019-02-20 209.220.64.52 48105820190525000000 2019-02-21 P EE0445AAFC7BCEACA6A025D08834C35C00D758E8 57486736AB26ACA834109ECA141AD894F423C384 2017 2019-02-21 02:37:17Z LEE HARK 4141 Spring Valley Road Addison TX 750013683 62246342 false X www.greenhill.org X 1950 TX FOUNDED IN 1950, GREENHILL SCHOOL IS A LEADING INDEPENDENT, COEDUCATIONAL DAY SCHOOL IN THE GREATER DALLAS AREA, SERVING 1,318 STUDENTS IN GRADES PRE-K THROUGH 12. 39 39 572 859 94347 -8348 2699613 2718351 38180329 40218378 4372948 2101123 635927 531981 45888817 45569833 4146536 4512491 0 0 26729539 27257826 0 0 1397069 13208325 12942913 44084400 44713230 1804417 856603 149509724 150714561 38003420 37286379 111506304 113428182 GREENHILL SCHOOL IS A DIVERSE COMMUNITY OF LEARNERS THAT STRIVES FOR EXCELLENCE; VALUES INDIVIDUALITY; FOSTERS A PASSION FOR LEARNING; PROMOTES THE BALANCED DEVELOPMENT OF MIND, BODY, AND CHARACTER; ENCOURAGES SERVICE; AND INSTILLS A RESPECT FOR OTHERS. false false 35869958 4512491 40218378 DURING THE FISCAL YEAR ENDED JUNE 30, 2018, GREENHILL SCHOOL PROVIDED QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,318 STUDENTS IN GRADES PRE-K THROUGH 12. 35869958 true true false false false false false true false true true true false false true true true false true false true false false false true true false false true true false false false false false false true false true true false false false false false false false true 92 0 true 572 true true true true CJ false false false true true false false false false X 39 39 false false false false false false false true true false false true true true true true true true true false DC HI MD MA MI NH OR SC WA X KENDRA GRACE 9726285517 4141 SPRING VALLEY ROAD Addison TX 750013683 Bruce Sostek Board Chair 5.0 0.0 X X 0 0 0 Holland P Gary Assistant Chair/Secretary 1.0 0.0 X X 0 0 0 Roy S Kim Treasurer 1.0 0.0 X X 0 0 0 Leslie Benners Trustee 1.0 0.0 X 0 0 0 Yasmin Bhatia Trustee 1.0 0.0 X 0 0 0 Albertina M Cisneros Trustee 1.0 0.0 X 0 0 0 Christopher I Clark Trustee 1.0 0.0 X 0 0 0 Manisha Desai Trustee 1.0 0.0 X 0 0 0 Koshi Dhingra EdD Trustee 1.0 0.0 X 0 0 0 Angela Adkins Downes Trustee 1.0 0.0 X 0 0 0 Aaron Enrico Trustee 1.0 0.0 X 0 0 0 Subash Gaitonde Trustee 1.0 0.0 X 0 0 0 Beth Gold Trustee 1.0 0.0 X 0 0 0 David C Greenstone Trustee 1.0 0.0 X 0 0 0 David Haemisegger Trustee 1.0 0.0 X 0 0 0 Jay Henry Trustee 1.0 0.0 X 0 0 0 Zack Hicks Trustee 1.0 0.0 X 0 0 0 Joan Buchanan Hill EdD Trustee 1.0 0.0 X 0 0 0 Maria-Cristina Jaramillo Trustee 1.0 0.0 X 0 0 0 Lester Levy Jr Trustee 1.0 0.0 X 0 0 0 E Pierce Marshall Jr Trustee 1.0 0.0 X 0 0 0 Manju Menon Trustee 1.0 0.0 X 0 0 0 Rich Moses Trustee 1.0 0.0 X 0 0 0 Rebekah Newman Trustee 1.0 0.0 X 0 0 0 Terry Oxford Trustee 1.0 0.0 X 0 0 0 Guillermo Perales Trustee 1.0 0.0 X 0 0 0 Tracy Rathbun Trustee 1.0 0.0 X 0 0 0 William E Rose Trustee 1.0 0.0 X 0 0 0 Augusto Sasso Trustee 1.0 0.0 X 0 0 0 Ashley Scheer Trustee 1.0 0.0 X 0 0 0 Grace Smith Trustee 1.0 0.0 X 0 0 0 Patricia Smith Trustee 1.0 0.0 X 0 0 0 Bharti Subramanian PhD Trustee 1.0 0.0 X 0 0 0 Beth Thomas Trustee 1.0 0.0 X 0 0 0 Michael Waldman Trustee 1.0 0.0 X 0 0 0 Clifford Weiner Trustee 1.0 0.0 X 0 0 0 Linda Wimberly Trustee 1.0 0.0 X 0 0 0 Neena R Wiora Trustee 1.0 0.0 X 0 0 0 Jeff Zlotky Trustee 1.0 0.0 X 0 0 0 Scott Griggs Head of School 60.0 0.0 X 948013 0 142312 Melissa Orth CFO/COO - Thru 08/2017 50.0 0.0 X 213112 0 28296 Kendra Grace CFO/COO - As of 08/2017 50.0 0.0 X 104030 0 15779 Julie Diaz CAO - Thru 10/2017 50.0 0.0 X 206263 0 13664 Michael Simpson Head of Lower School 50.0 0.0 X 203285 0 80718 Susan Palmer Head of Middle School 50.0 0.0 X 155505 0 21745 Chad Wabrek Head of Athletics 50.0 0.0 X 148223 0 38866 Trevor Worcester Head of upper school 50.0 0.0 X 146084 0 41557 2124515 0 382937 34 false true false SAGE DINING SERVICES INC 1402 York Rd Suite 100 LUTHERVILLE MD 21093 Cafeteria 1464496 SELECT COMMERICAL SERVICES LLC 1801 Royal ln 110 DALLAS TX 75229 Custodial 655701 SANAPPTX 6404 International Pkwy Suite 2200 PLANO TX 75093 Technology 491199 H G SYSTEMS 3614 Security Street GARLAND TX 75042 HVAC 395008 SPECTRA CONTRACT FLOORING SERVICES 710 Gateway Blvd Suite 100 COPPELL TX 75019 Flooring 362663 27 107750 2610601 403770 2718351 TUITION AND FEES 611110 36053617 36053617 SUMMER PROGRAMS 713990 1453913 1453913 CAFETERIA 722210 1378849 1378849 EXTENDED DAY 611110 638815 638815 CHILD DEVELOPMENT CENTER 611110 217310 217310 475874 316490 98610 60774 40218378 1296256 -7057 1303313 0 2497 2497 508555 11829 496726 0 496726 496726 16493007 125352 15698140 115352 794867 10000 804867 2794 802073 405070 107750 558626 -153556 153556 91648 45842 45806 45806 387228 246720 140508 140508 0 45569833 38680145 94347 4384102 0 4512491 4512491 0 0 991052 575829 343289 71934 57900 57900 19836360 15155479 4067651 613230 1064243 754121 274755 35367 3761158 2745099 885293 130766 1547113 1099279 375412 72422 0 5730 5730 76733 76733 0 0 207272 207272 1723400 1384818 255188 83394 78084 49030 29054 1226307 958013 85638 182656 873265 756499 83703 33063 0 1809158 1755371 35858 17929 687550 633092 34303 20155 0 109894 92151 15783 1960 6206 6020 124 62 0 3344835 3244489 66897 33449 462660 462660 CAFETERIA 1488655 1488655 INSTRUCTIONAL 497967 497967 OTHER EXPENSES 345197 103655 140860 100682 44713230 35869958 7446203 1397069 9721 9575 8767879 21837179 12525251 8883322 6441919 6941004 0 0 0 0 0 99562 101908 86423 1893572 1737419 110972150 53622461 58764312 57349689 27159302 28925101 33432709 24725583 0 0 0 0 413151 119704 149509724 150714561 2620083 2534204 0 0 33410186 34632471 0 0 0 0 0 0 0 0 1460000 0 513151 119704 38003420 37286379 X 86730053 89021557 15732087 14757139 9044164 9649486 111506304 113428182 149509724 150714561 X 856603 1095292 1950 -31967 X false true X true false X 11274602 5003412 15853176 2699613 2718351 37549154 0 0 11274602 5003412 15853176 2699613 2718351 37549154 15684225 21864929 1933456 2216287 2150699 1980367 1814365 10095174 0 1228954 1006791 989527 2101830 2323569 7650671 55294999 178939961 0.39542 0.41542 X PUBLIC SUPPORT TEST SCHEDULE A, PART II PER THE INSTRUCTIONS FOR FROM 990, PART IV, LINE 2, GREENHILL SCHOOL HAS COMPLETED AND MET THE SCHEDULE A, PART II, SUPPORT TEST REQUIREMENTS. AS A RESULT, GREENHILL SCHOOL QUALIFIES FOR THE SPECIAL RULE OF LIMITING CONTRIBUTIONS REPORTED ON SCHEDULE B, PART I. 187174 X true 35673471 605322 2594166 157066 -1106136 39822029 39807757 494719 3456950 156060 7929895 35673471 49016695 577130 -623233 155540 9007295 39807757 50238956 615280 554881 146230 2246192 49016695 47229499 121390 4853585 137937 1827581 50238956 0.60520 0.24230 0.15250 false false 253345 253345 92258011 35848988 56409023 11899812 11628302 271510 6560982 6145171 415811 57349689 PIMCO SHORT TERM INSTL. 10227961 F SCHWAB S&P 500 INDEX FD. 11651452 F ALTERNATIVE INVESTMENTS 2846170 F 24725583 0 NONQUALIFIED DEFERRED COMP 119704 119704 X 40908402 1095292 1950 -31967 1065275 39843127 207272 5519434 5726706 45569833 38986524 38986524 207272 5519434 5726706 44713230 COLLECTIONS OF ART SCHEDULE D, PART III, LINE 4 OVER A PERIOD OF TIME THE SCHOOL HAS RECEIVED CONTRIBUTIONS OF WORKS OF ART AND FURNISHINGS TO BE EXHIBITED IN VARIOUS LOCATIONS ON THE CAMPUS. THESE ITEMS HAVE BEEN CAPITALIZED AS COLLECTIONS. THE COLLECTION NOT ONLY ENHANCES THE AESTHETIC ENVIRONMENT OF THE SCHOOL, IT SUPPORTS THE CURRICULUM OF THE SCHOOL BY MAKING ART AVAILABLE TO STUDENTS. THE COLLECTIONS ARE RECORDED AT APPRAISED VALUE WHEN DONATED. THE SCHOOL UNDERTAKES TO CARE FOR, PROTECT, AND PRESERVE SUCH CONTRIBUTED WORKS OF ART AND FURNISHINGS. COLLECTION ITEMS ARE INSPECTED PERIODICALLY AND REPAIRED AS REQUIRED. INTENDED USES OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 SOME ENDOWMENT FUNDS ARE DESIGNATED BY THE DONOR OR THE BOARD TO SUPPORT FINANCIAL AID, FACULTY, TECHNOLOGY, AND OTHER SPECIFIC PROGRAMS. GENERAL ENDOWMENT FUNDS ARE USED TO SUPPORT GENERAL OPERATIONS OF THE SCHOOL. FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) OF 1986, AS AMENDED, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC AS EVIDENCED BY ITS DETERMINATION LETTER DATED MARCH 1953. THE SCHOOL HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(1) AND, AS SUCH, CONTRIBUTIONS TO THE SCHOOL QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS PURSUANT TO IRC SECTION 170(A)(1). HOWEVER, INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE SCHOOLS EXEMPT PURPOSE IS SUBJECT TO TAX UNDER IRC SECTION 511. THE SCHOOL DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME OR RELATED TAX LIABILITY FOR THE YEARS ENDED JUNE 30, 2018 AND 2017. THE SCHOOL HAS CONCLUDED THAT IT DOES NOT HAVE ANY UNRECOGNIZED TAX BENEFITS RESULTING FROM CURRENT OR PRIOR PERIOD TAX POSITIONS. ACCORDINGLY, NO ADDITIONAL DISCLOSURES HAVE BEEN MADE ON THE FINANCIAL STATEMENTS REGARDING UNCERTAIN TAX POSITIONS. THE SCHOOL DOES NOT HAVE ANY OUTSTANDING INTEREST OR PENALTIES, AND NONE HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES FOR THE YEARS ENDED JUNE 30, 2018 AND 2017. AS OF JUNE 30, 2018, THE TAX YEARS THAT REMAIN SUJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUE OF LIMITATIONS FOR THE SCHOOL ARE FROM THE YEAR ENDED JUNE 30, 2015 AND FORWARD. RECONCILIATION OF REVENUE SCHEDULE D, PART XI, LINE 2D UNCOLLECTIBLE WRITE-OFFS $ (31,967) SCHEDULE D, PART XI, LINE 4B TUITION REPORTED NET ON FINANCIALS $5,767,983 COST OF GOODS SOLD $ (246,720) RENTAL EXPENSE $ ( 11,829) DISPOSAL OF ASSETS $ 10,000 ------------ TOTAL $5,519,434 RECONCILIATION OF EXPENSES SCHEDULE D, PART XII, LINE 4B TUITION REPORTED NET ON FINANCIALS $5,767,983 COST OF GOODS SOLD $ (246,720) RENTAL EXPENSE $ ( 11,829) DISPOSAL OF ASSETS $ 10,000 ------------ TOTAL $5,519,434 true true true true true true true false false false false false false false false false false true SCHEDULE E, PART I, LINE 3 ALL MEDIA ADVERTISEMENTS INCLUDE A STATEMENT REGARDING THE SCHOOL'S NONDISCRIMINATORY POLICY. AT A MINIMUM, A YEARLY ADVERTISEMENT IS MADE IN THE DALLAS MORNING NEWS. Central America and the Caribbean Investments 0 0 0 true false false false true false Greenhill Gala 512820 107750 405070 128191 36132 342492 51811 0 512820 107750 405070 128191 36132 342492 51811 558626 -153556 91648 43900 1942 true 1.00000 91648 43900 1942 45842 45806 TX false THE ONLY GAMING ACTIVITIES OF GREENHILL SCHOOL ARE RAFFLES GOVERNED BY THE TEXAS CHARITABLE ENABLING ACT. THE SCHOOL ADHERES TO THIS ACT. false true false 1.00000 Brent Wheelis 4141 Spring Valley Rd Addison TX 75001 false Theresa Jones Supervision of raffle ticket sales/prize awarding X false true Financial Aid 228 0 4512491 FMV TUITION MONITORING THE USE OF GRANT FUNDS IN THE U.S. SCHEDULE I, PART I, LINE 2 ALL GRANTS ARE PROVIDED AS A DISCOUNT TO THE TUITION THAT IS BILLED TO EACH FAMILY. CASH IS NOT PROVIDED TO THE GRANTEE. X true true X X X X false true false false false false false false false Scott Griggs Head of School 488400 0 0 0 459613 0 130712 0 11600 0 1090325 0 408136 0 Melissa Orth CFO/COO - Thru 08/2017 207167 0 0 0 5945 0 14502 0 13794 0 241408 0 0 0 Julie Diaz CAO - Thru 10/2017 182500 0 0 0 23763 0 9870 0 3794 0 219927 0 0 0 Michael Simpson Head of Lower School 158350 0 220 0 44715 0 8650 0 72068 0 284003 0 0 0 Susan Palmer Head of Middle School 155288 0 217 0 0 0 11508 0 10237 0 177250 0 0 0 Chad Wabrek Head of Athletics 143251 0 217 0 4755 0 7163 0 31703 0 187089 0 0 0 Trevor Worcester Head of upper school 142066 0 218 0 3800 0 9520 0 32037 0 187641 0 0 0 HOUSING ALLOWANCE SCHEDULE J, PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES A HOUSING ALLOWANCE; AMOUNTS ARE REPORTED AS TAXABLE COMPENSATION. THE HOUSING ALLOWANCE FOR CALENDAR 2017 WAS $50,000. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B CONTRIBUTIONS OF $100,000 WERE MADE TO A 457(F) PLAN FOR THE HEAD OF SCHOOL. INDIVIDUALS BECAME VESTED IN THE BALANCE OF PLAN AS OF 6/30/14 AND THE BALANCE IS PAID OUT OVER THE FOLLOWING THREE FISCAL YEARS. Nathaniel Reid-Griggs Family member of officer 57900 Compensation to Employee false Business Transactions Involving Interested Persons Schedule L, Part IV The above business transactions involving interested persons are provided to Greenhill School at or below fair value and are in the normal course of business. All decisions to enter into these transactions were reviewed in accordance with our conflict of interest policy and the interested persons were excluded from the decision making process. X 8 7215 FMV X 15479 FMV X 22 254805 FMV X Meals and entertainment 34 43867 FMV X Travel/Trips 15 82404 FMV false true false EXECUTIVE COMMITTEE FORM 990, PART VI, SECTION A, LINE 1A PER ARTICLE V, SECTION 5.1 OF THE ORGANIZATION'S BYLAWS, THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF UP TO FOURTEEN TRUSTEES, INCLUDING THE CHAIR, THE CHAIR-ELECT, THE SECRETARY/ASSISTANT CHAIR, THE TREASURER, THE CHAIRPERSONS OF ALL COMMITTEES, AND AT-LARGE MEMBERS NOMINATED BY THE CHAIR AT HIS OR HER DISCRETION. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL POWER AND AUTHORITY VESTED IN THE BOARD IN THE MANAGEMENT OF THE BUSINESS, PROPERTY, AND AFFAIRS OF THE ORGANIZATION (INCLUDING, WITHOUT LIMITATION, THE ADOPTION OF ADVISORY POLICIES WITH RESPECT TO THE MANAGEMENT AND OPERATIONS OF THE ORGANIZATION), EXCEPT IN RESPECT OF REMOVAL OR ELECTION OF TRUSTEES AND OFFICERS OF THE CORPORATION AND AMENDMENT OF THE BYLAWS, AND SHALL HAVE SUCH OTHER POWER AND AUTHORITY AS SHALL BE EXPRESSLY DELEGATED TO IT BY THE BOARD BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES THEN IN OFFICE. FORM 990 REVIEW FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORMS 990 AND 990-T ARE REVIEWED AND APPROVED BY THE AUDIT AND RISK MANAGEMENT COMMITTEE PRIOR TO FILING. THE FORMS 990 AND 990-T ARE ALSO MADE AVAILABLE TO THE ENTIRE BOARD VIA SECURE EMAIL PRIOR TO FILING. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS DISTRIBUTED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS, AS WELL AS ALL EMPLOYEES WITH PURCHASING RESPONSIBILITY. THE POLICY IS INCLUDED IN THE BOARD OF TRUSTEES MANUAL AND THE EMPLOYEE POLICIES AND PROCEDURES MANUAL. THE POLICY REQUIRES THE DISCLOSURE OF ANY COMPENSATION RECEIVED FROM THE ORGANIZATION AND ANY RELATIONSHIPS WITH RELATED PARTIES (REPORTED IN FORM 990, PART VI AND SCHEDULE O). 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. IF THAT MATTER INVOLVES AN ADMINISTRATOR, FACULTY MEMBER OR OTHER EMPLOYEE, HE OR SHE SHOULD ADVISE THE HEAD OF SCHOOL. IF THE MATTER INVOLVES THE CHAIR OF THE BOARD, HE OR SHE SHOULD ADVISE THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE. THE CHAIR OF THE BOARD, THE HEAD OF SCHOOL, OR THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE, AS THE CASE MAY BE, SHOULD THEN CONSULT WITH SUCH PERSONS, PROVIDE SUCH GUIDANCE AND TAKE SUCH ACTION AS HE, SHE, OR IT CONSIDERS APPROPRIATE TO ADDRESS THE MATTER. COMPENSATION DETERMINATION FORM 990, PART VI, SECTION B, LINES 15A AND 15B THE HEAD OF SCHOOL'S COMPENSATION IS OUTLINED IN HIS CONTRACT. WHEN THE CONTRACT IS UP FOR RENEWAL, THE COMPENSATION COMMITTEE BENCHMARKS THE COMPENSATION AGAINST OTHER SCHOOLS AND OUTLINES EACH YEAR'S COMPENSATION IN THE CONTRACT. THE CFO/COO'S COMPENSATION IS BASED UPON EXPERIENCE, THE CFO/COO RECEIVES THE MERIT INCREASE FOR ADMINISTRATORS AS ESTABLISHED ANNUALLY BY THE BOARD. BOTH THE HEAD OF SCHOOL AND CFO/COO'S COMPENSATIONS ARE ADDITIONALLY REVIEWED EACH YEAR BY THE AUDIT AND RISK MANAGEMENT COMMITTEE IN COMPLIANCE WITH INTERMEDIATE SANCTION REGULATIONS AND ALL DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. GOVERNING DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GREENHILL COMMUNITY (EMPLOYEES, VOLUNTEER LEADERSHIP, TRUSTEES) BUT NOT TO THE GENERAL PUBLIC OUTSIDE THE SCHOOL COMMUNITY. SUMMARIZED FINANCIAL INFORMATION IS INCLUDED IN THE ANNUAL REPORT. OTHER CHANGES IN NET ASSETS AND FUND BALANCES FORM 990, PART XI, LINE 9 UNCOLLECTIBLE WRITE-OFFS $(31,967) AUDIT AND RISK MANAGEMENT COMMITTEE FORM 990, PART XII, LINE 2C GREENHILL SCHOOL HAS AN AUDIT AND RISK MANAGEMENT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL FINANCIAL STATEMENT AUDIT AND THE RESULTING FINANCIAL STATEMENTS. THE AUDIT AND RISK MANAGEMENT COMMITTEE IS ALSO RESPONSIBLE FOR ASSESSING AND SELECTING THE EXTERNAL AUDIT FIRM OF GREENHILL SCHOOL. GREENHILL SCHOOL DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS FOR THE APPOINTMENT OF THE EXTERNAL AUDIT FIRM DURING THE TAX YEAR CURRENTLY REPORTED ON.