2019-04-22T19:52:30-05:00 2018-06-30 411944416 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 20878 990 2017-07-01 536019409 SHERIDAN SCHOOL INC SHER 2023627900 4400 36TH ST NW WASHINGTON DC 20008 JESSICA DONOVAN HEAD OF SCHOOL 2023627900 2019-04-10 1 WILLIAM E TURCO CPA P00369217 3012963600 66.98.98.9 2019-04-10 09:06:28 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 00BFBB601F26E6691F3C42FDB75EEBE807206D5E 2017 2020-01-14 16:20:31Z JESSICA DONOVAN 4400 36TH ST NW WASHINGTON DC 20008 12609250 0 X WWW.SHERIDANSCHOOL.ORG X 1961 DC EDUCATIONAL SERVICES TO CHILDREN FROM KINDERGARTEN THROUGH EIGHTH GRADE. 16 11 189 150 0 3041 428694 454441 8829636 9052789 157116 343998 47044 60283 9462490 9911511 1173368 1307146 0 0 5969926 5937586 0 0 232025 2179269 2403568 9322563 9648300 139927 263211 12323347 12564817 4815555 4830333 7507792 7734484 X SHERIDAN SCHOOL'S MISSION IS TO CREATE AN INCLUSIVE, VIBRANT LEARNING COMMUNITY. WE TAKE JOY IN LEARNING, SHOW KINDNESS AND EMPATHY TOWARDS OTHERS, EMBRACE NEW EXPERIENCES AND IDEAS, AND CONTINUALLY SEEK A DEEPER AND FULLER UNDERSTANDING OF THE WORLD. WE SEEK TO INSPIRE SELF-KNOWLEDGE, INTELLECTUAL DISCIPLINE, AND PERSONAL INTEGRITY IN OUR COMMUNITY MEMBERS. AT BOTH OUR CITY AND MOUNTAIN CAMPUSES, THE SHERIDAN COMMUNITY CHALLENGES ITSELF TO LIVE THE IDEAL OF RESPECT FOR ONESELF, OTHERS, AND THE ENVIRONMENT. 0 0 6033063 1225148 7824653 AS AN ACCREDITED SCHOOL, WE PROVIDE AN EDUCATION PROGRAM FOR APPROXIMATELY 224 CHILDREN FROM KINDERGARTEN TO GRADE EIGHT. WE SEEK TO NURTURE AND CHALLENGE CHILDREN THROUGH A COLLECTION OF ACADEMIC SUBJECTS AND ENRICHING ACTIVITIES THAT ENCOURAGE CHILDREN TO TAKE RESPONSIBILITY FOR THEIR LEARNING AND SOCIAL DEVELOPMENT. 692856 723813 EIGHT WEEK SUMMER CAMP PROGRAM FOR APPROXIMATELY 220 CHILDREN AGES 3 TO 16 PER WEEK (OVER 600 CHILDREN OVER THE COURSE OF THE PROGRAM). CHILDREN DEVELOP NEW SKILLS, SPECIAL TALENTS, EMERGING INTERESTS AND SELF-CONFIDENCE BY EXPLORATION AND CELEBRATION OF THE VISUAL AND PERFORMING ARTS, CULINARY ARTS AND SPORTS. 383880 81998 474159 THE AFTER SCHOOL PROGRAMS MIRROR THE SCHOOL'S CHILD-ORIENTED PHILOSOPHY; CHILDREN ARE ENCOURAGED TO MAKE THEIR OWN CHOICES, TO BE CREATIVE AND TO PURSUE THEIR INDIVIDUAL INTERESTS. WITHIN THE PROGRAM, CHILDREN MAY FOCUS ON EDUCATIONAL, ARTISTIC OR PHYSICAL ACTIVITIES, INCLUDING ENRICHMENT CLASSES, STUDY HALL, GAMES, AND ART PROJECTS. THE PROGRAM ALSO INCLUDES STRUCTURED ACTIVITIES FOR HALF- AND FULL-DAY PROGRAMS DURING CONFERENCE DAYS, OR DUE TO EARLY SCHOOL DISMISSAL. 327589 SUPPORT SERVICES - FOODSERVICE PROVIDING DAILY NUTRITIOUS HOT LUNCH AND SNACKS FOR ALL STUDENTS. 11020 30164 VACATION CAMP - ACTIVITIES DURING SCHOOL VACATIONS 338609 30164 7448408 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 1 189 1 1 1 0 0 0 0 1 1 0 0 0 0 X 16 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X MICHAEL STOLL CO SHERIDAN SCHOOL 2023627900 4400 36TH STREET NW WASHINGTON DC 20008 ELLEN BOARDMAN CHAIR 6.00 X X 0 0 0 MEYER KESTNBAUM VICE CHAIR 6.00 X X 0 0 0 JOHN HELLERMAN VICE CHAIR 6.00 X X 0 0 0 ALLISON LOGIE VICE CHAIR 6.00 X X 0 0 0 MARI MCDONALD VICE CHAIR 6.00 X X 0 0 0 ELIHU MILES TREASURER 6.00 X X 0 0 0 GARY ELLIS ASSISTANT TREASURER 6.00 X X 0 0 0 THOMAS JONES SECRETARY 6.00 X X 0 0 0 DANA BAUGHNS MEMBER 6.00 X 0 0 0 ASAKI BRADFORD MEMBER 6.00 X 0 0 0 CAROLINE DAVIS MEMBER 6.00 X 0 0 0 SHANNON EGGER MEMBER 6.00 X 0 0 0 JEFFREY GARIGLIANO MEMBER 6.00 X 0 0 0 RODNEY GLASGOW MEMBER 6.00 X 0 0 0 GABRIELLE KOEPPEL MEMBER 6.00 X 0 0 0 ROBERT WEISSMAN MEMBER 6.00 X 0 0 0 JESSICA DONOVAN HEAD OF SCHOOL 40.00 X 303031 0 29742 MELISSA MADDOX-LEE DIR. OF FINANCE & OPS. UNTIL 11/2017 40.00 X 147086 0 17994 MICHAEL J STOLL DIR. OF FINANCE & OPS SINCE 01/2018 40.00 X 0 0 0 STEPHANIE B FOLARIN HEAD OF LOWER SCHOOL 40.00 X 119070 0 5954 JOHN P BRIAR HEAD OF MIDDLE SCHOOL 40.00 X 112677 0 23976 NATHALIE SVIEDRYS DIR. OF AUX. PROG & SUMMER CAMP 40.00 X 111007 0 12651 LAURA GARCIA DE MENDOZA MUSIC TEACHER 40.00 X 107826 0 5391 MAUREEN MINEHAN DIRECTOR OF ADVANCEMENT 40.00 X 106654 0 9324 1007351 0 105032 8 0 1 0 MERIWETHER GODSEY INC 4944 OLD BOONSBORO RD LYNCHBURG VA 24503 FOOD SERVICE 385530 BLUE SKYE CONSTRUCTION 5125 MACARTHUR BLVD NW SUITE 19 WASHINGTON DC 20016 PLAYGROUND RENOVATION 213304 2 100196 354245 11649 454441 TUITION & FEES 900099 9052789 9052789 9052789 107173 107173 2912082 2675257 236825 236825 236825 39750 100196 22457 17293 17293 1850 25 1825 1825 OTHER INCOME 900099 41165 41165 41165 9911511 9052789 0 404281 1307146 1307146 495706 495706 4603257 3967755 466907 168595 185219 161004 13690 10525 286079 252361 25531 8187 367325 298098 57720 11507 38249 1705 36481 63 38440 38440 46980 46980 713584 524304 189280 12900 11511 1389 397317 327488 58276 11553 80884 55147 23418 2319 308743 229577 69558 9608 114419 105350 8549 520 95318 73821 14454 7043 39347 39347 299624 299624 51809 51809 ADMISSION & ENTRANCE FE 81034 81006 25 3 MAINTENANCE EXPENSES 26473 20846 4944 683 MEMBERSHIP DUES 22593 12051 10152 390 EQUIPMENT EXPENSE 16032 9282 6554 196 19822 9956 9033 833 9648300 7448408 1967867 232025 150 3936 3417633 3025019 16825 13373 41269 96928 97877 39823 9723795 5172936 4106766 4550859 4642827 4195883 629705 0 9291 12323347 12564817 697541 684151 3144500 3252217 946348 893965 27166 0 4815555 4830333 X 5913128 6181513 432843 384059 1161821 1168912 7507792 7734484 12323347 12564817 X 263211 -72976 36457 X 0 1 X 1 0 X 4677800 5250 223376 4906426 4297695 11600 489308 120803 4677800 4583336 11501 -188863 108279 4297695 4804709 15384 -104416 132341 4583336 4503999 13588 519378 232256 4804709 0.72120 0.23820 0.04060 0 0 217056 217056 8658980 4569725 4089255 847759 603211 244548 4550859 31803.27-IVY INTL CORE EQUITY I 629705 F 629705 X 8506891 -72976 -1307146 -1380122 9887013 46980 -22482 24498 9911511 8316656 22482 22482 8294174 46980 1307146 1354126 9648300 PART V, LINE 4: THE EARNINGS FROM INVESTING OF ENDOWMENT FUNDS WILL BE USED TO PROVIDE NEED-BASED SCHOLARSHIPS AND SUPPORT PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND COMPENSATION FOR TEACHERS, AS WELL AS OTHER PROGRAM NEEDS, INCLUDING CAPITAL EXPENDITURES. PART X, LINE 2: THE SCHOOL IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE SCHOOL HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) NOT TO BE A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. FOR THE YEAR ENDED JUNE 30, 2018, THE SCHOOL HAD NO TAXABLE UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL COMPLIES WITH THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ASC TOPIC 740-10), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. GENERALLY, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2015. AS A RESULT OF NEW IRC 512(A)(7) THE SCHOOL IS REQUIRED TO FILE FORM 990-T, AND A RELATED STATE FILING, TO REPORT AS UNRELATED BUSINESS TAXABLE INCOME PRE-TAX TRANSPORTATION BENEFITS PROVIDED TO THE SCHOOLS EMPLOYEES UNDER IRC 132(F). PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION REVENUE -1,307,146. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON LINE 8B -22,457. GAMING EXPENSES REPORTED ON LINE 9B -25. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON LINE 8B 22,457. GAMING EXPENSES REPORTED ON LINE 9B 25. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION REVENUE 1,307,146. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE RACIAL NONDISCRIMINATION POLICY IS PUBLICIZED THROUGH PRINTED MATERIALS AND PERIODIC ADVERTISEMENTS. AUCTION 139946 100196 39750 22457 139946 100196 39750 22457 22457 17293 1 FINANCIAL AID 63 1307146 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED ON THE BASIS OF FINANCIAL NEED. RECIPIENT'S FAMILY MUST SUBMIT AN APPLICATION FOR FINANCIAL ASSISTANCE, WHICH IS REVIEWED BY AN INDEPENDENT SERVICE. THE INDEPENDENT SERVICE'S RECOMMENDATIONS ARE THEN EVALUATED BY THE SCHOOL'S FINANCIAL AID COMMITTEE. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 JESSICA DONOVAN HEAD OF SCHOOL 233582 0 15694 0 53755 0 9317 0 21413 0 333761 0 0 0 MELISSA MADDOX-LEE DIR. OF FINANCE & OPS. UNTIL 11/2017 147086 0 0 0 0 0 7611 0 10409 0 165106 0 0 0 PART I, LINE 1A JESSICA DONOVAN, HEAD OF SCHOOL, RECEIVED TAXABLE HOUSING IN THE AMOUNT OF $36,000. PART I, LINE 7 HEAD OF SCHOOL BONUS IS BASED ON MEETING GOALS AND OBJECTIVES. BONUS APPROVED BY THE BOARD. 140281 FINANCIAL AID TUITION; AFTER SCHOOL PROGRAMS SCHL, PART III, GRANTS OR ASSISTANCE BENEFITTING INTEREST PERSONS: SHERIDAN STRIVES FOR A DIVERSE BOARD REPRESENTATIVE OF THE SCHOOL COMMUNITY. AS SUCH, A NUMBER OF BOARD MEMBERS RECEIVE FINANCIAL AID AS DETERMINED BY AN INDEPENDENT COMMITTEE AND A THIRD PARTY ALGORITHM. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, THE MANAGEMENT TEAM, CONSISTING OF THE DIRECTOR OF FINANCE, SENIOR FINANCE STAFF AND HEAD OF SCHOOL REVIEWED THE DRAFT FORM 990 PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. THE DRAFT FORM 990 WAS THEN MADE AVAILABLE TO THE AUDIT COMMITTEE FOR REVIEW. THE MEMBERSHIP OF THE AUDIT COMMITTEE INCLUDES TRUSTEES WITH PRACTICAL AND/OR PROFESSIONAL EXPERTISE IN NONPROFIT MANAGEMENT, ACCOUNTING, AND FEDERAL TAX LAW GOVERNING EXEMPT ORGANIZATIONS. BEFORE THE ORGANIZATION SUBMITTED FORM 990 TO THE IRS, THE AUDIT COMMITTEE REPORTED TO THE BOARD OF TRUSTEES THAT THE AUDIT COMMITTEE HAD, TO THE BEST OF ITS ABILITY, DETERMINED THAT THE DRAFT FORM 990 WAS COMPLETE, ACCURATE AND CORRECT. THE DRAFT 990 WAS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES, WHO SUBSEQUENTLY VOTED TO FILE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO DISCLOSE TO THE AUDIT COMMITTEE ANY POSSIBLE CONFLICTS OF INTEREST AT THE EARLIEST PRACTICAL TIME. THE COMMITTEE WILL REVIEW WHETHER OR NOT A CONFLICT EXISTS AND WHETHER IT MAY MATERIALLY OR ADVERSELY AFFECT THE INTERESTS OF THE SCHOOL. THE TRUSTEE WITH THE POTENTIAL CONFLICT MAY NOT PARTICIPATE IN THIS DETERMINATION BY THE COMMITTEE. IF THE COMMITTEE DETERMINES THAT A CONFLICT MAY EXIST, THE BOARD OF TRUSTEES SHALL DETERMINE AN APPROPRIATE REMEDY. THIS REMEDY MAY INCLUDE THE RECUSAL OF THE TRUSTEE FROM CERTAIN MATTERS PENDING BEFORE THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A ANNUALLY, A REVIEW OF THE PERFORMANCE OF THE HEAD OF SCHOOL IS CARRIED OUT BY A COMMITTEE CONSISTING OF THE CHAIR OF THE BOARD, OFFICERS OF THE CORPORATION, AND THE CHAIRS OF EACH STANDING COMMITTEES. FOLLOWING THE PERFORMANCE REVIEW, THE COMMITTEE REVIEWS THE HEAD OF SCHOOL'S COMPENSATION, INCLUDING THE USE OF COMPARABLE COMPENSATION DATA OF PEER SCHOOLS, AND RECOMMENDS EXTENSION, WITH OR WITHOUT CHANGE IN COMPENSATION, FOR ONE OR MORE YEARS, OR TERMINATION, OF THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT. THE RECOMMENDATION OF THE COMMITTEE IS PRESENTED TO THE FULL BOARD OF TRUSTEES FOR THEIR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE SCHOOL ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN (LOSS) FROM INTEREST RATE SWAPS 36,457.