2018-05-11T12:01:40-05:00 2017-06-30 EisnerAmper LLP 750 Third Avenue New York NY 100172703 990 2016-07-01 111630821 POLY PREP COUNTRY DAY SCHOOL % ROBERT ABERLIN ASSITANT HOS POLY 7188369800 9216 SEVENTH AVENUE BROOKLYN NY 11228 AUDRIUS BARZDUKAS HEAD OF SCHOOL 7188369800 2018-05-11 true CANDICE METH P01306891 2129498700 2016 2022-09-23 18:48:47Z AUDRIUS BARZDUKAS HEAD OF SCHOOL 9216 SEVENTH AVENUE BROOKLYN NY 11228 77099296 false X www.polyprep.org X 1854 NY THROUGH A PROGRESSIVE LIBERAL ART CURRICULUM AND AN ENRICHING CO-CURRICULAR PROGRAM, THE SCHOOL EDUCATES THE WHOLE STUDENT: MIND, BODY AND,ABOVE ALL CHARACTER. 19 19 686 100 48763 43464 4268350 5088767 44291198 45842124 276547 1135292 9246 3416902 48845341 55483085 7225901 7523358 0 0 25912216 25162606 0 0 2074688 18418103 16845227 51556220 49531191 -2710879 5951894 108842124 111636331 39481263 36103694 69360861 75532637 THE SCHOOL'S MISSION IS TO PREPARE STUDENTS TO SUCCEED IN COLLEGE AND LIFE AS OUTSTANDING LEADERS, INCISIVE THINKERS, AND EXEMPLARY CITIZENS. false false 42072366 7523358 45842124 THE SCHOOL PROVIDES ACADEMIC AND OTHER RELATED ACTIVITIES TO STUDENTS IN VARIOUS CLASSES FROM NURSERY THROUGH GRADE TWELVE. 42072366 true true false false false false false false false true true false false false false true true false true false false false false false true false false false true true true false false false false false true false false false false true false false false false false false false false true 120 0 true 686 true true true false false false false true true false false false false X 19 19 false false false false false false false true true false false false true true true true true true true false X ROBERT ABERLIN ASSITANT HOS 7188369800 9216 SEVENTH AVENUE BROOKYLN NY 11228 SUSANNA FURFARO CO-CHAIR 2.0 0.0 X X 0 0 0 ROBERT G SABBAGH CO-CHAIR 2.0 0.0 X X 0 0 0 MICHAEL A CORRERA VICE CHAIR 2.0 0.0 X X 0 0 0 THOMAS H PARKER SECRETARY 2.0 0.0 X X 0 0 0 ROBIN L BRAMWELL-STEWART TREASURER 2.0 0.0 X X 0 0 0 LAWRENCE S BRANDMAN TRUSTEE 2.0 0.0 X 0 0 0 JEANNE M CLOPPSE TRUSTEE 2.0 0.0 X 0 0 0 BETSY P COMERFORD TRUSTEE 2.0 0.0 X 0 0 0 NICHOLAS GRAVANTE TRUSTEE 2.0 0.0 X 0 0 0 GARY E HANNA TRUSTEE 2.0 0.0 X 0 0 0 THOMAS IANNELLI TRUSTEE 2.0 0.0 X 0 0 0 ARNOLD F MASCALI TRUSTEE 2.0 0.0 X 0 0 0 CASSANDRA METZ TRUSTEE 2.0 0.0 X 0 0 0 JOHN J REGAN TRUSTEE 2.0 0.0 X 0 0 0 IRWIN SIMON VICE TREASURER 2.0 0.0 X X 0 0 0 DANIELA VITALE-HOWELL TRUSTEE 2.0 0.0 X 0 0 0 WADE E SAADI JR TRUSTEE 2.0 0.0 X 0 0 0 MICHAEL SEGAL TRUSTEE 2.0 0.0 X 0 0 0 KRISTERFOR MASTRONARDI TRUSTEE 2.0 0.0 X 0 0 0 JENNIFER JORDAN GORMAN TRUSTEE (UNTIL 12/13/16) 2.0 0.0 X 0 0 0 VINCENT J VIGORITA TRUSTEE (UNTIL 2/16/17) 2.0 0.0 X 0 0 0 CYNTHIA CHESWICK CAPONE TRUSTEE (UNTIL 8/31/2016) 2.0 0.0 X 0 0 0 KAREN BURKE GOULANDRIS TRUSTEE (UNTIL 10/25/16) 2.0 0.0 X 0 0 0 ROBERT ABERLIN Asst Head of school, Finance 35.0 0.0 X 235898 0 31734 AUDRIUS BARZDUKAS HEAD OF SCHOOL 35.0 0.0 X 315362 0 30513 Michael Junsch PHYSICAL ED AND ATHLETICS DIR 35.0 0.0 X 143034 0 22884 LORI-ANNE BROGDON HEAD OF MIDDLE SCHOOL 35.0 0.0 X 242601 0 14216 LAWRENCE DONOVAN HEAD OF LOWER SCHOOL 35.0 0.0 X 173881 0 19823 JOHN RANKIN ASSISTANT HEADMASTER 35.0 0.0 X 167793 0 19307 LORI REDELL DIR OF MENTORING / INTERNSHIP 35.0 0.0 X 166816 0 33828 DAVID HARMAN 63016 FORMER HEADMASTER 35.0 0.0 X 514797 0 24662 STEVEN ANDERSEN 63016 former ASSOC HEAD OF SCHOOL 35.0 0.0 X 2130601 0 5784 4090783 0 202751 34 true true false SEYFARTH SHAW LLP 131 SOUTH DEARBORN SUITE 2400 CHICAGO IL 606035577 LEGAL SERVICE 117313 ALAN S FUTERFAS 565 5TH AVENUE 7TH FLOOR NEW YORK NY 10017 LEGAL SERVICE 478883 DIMINO BUS SERVICE 1040 ROCKAWAY AVENUE BROOKLYN NY 11236 BUS SERVICES 1923012 3 325000 1148126 3615641 230958 5088767 TUITION INCOME 611710 41390602 41390602 STUDENT FEES 611710 274499 274499 AUXILIARY ACTIVITY 611710 4042143 4042143 OTHER PROGRAM ACTIVITY 611710 134880 134880 45842124 820065 820065 0 0 183507 83939 99568 0 99568 48763 50805 21452266 21137039 315227 315227 315227 380486 325000 380486 0 0 0 21094 14747 6347 6347 LEGAL FEE AJUSTMENTS 900099 1279487 1279487 REIMBURSEMENT FROM INSURANCE COMPANY 900099 2031500 2031500 3310987 55483085 49153111 48763 1192444 0 7523358 7523358 0 0 632790 512136 120654 0 19388968 16322829 2202621 863518 1230924 1083213 86165 61546 2463099 2170158 170882 122059 1446825 1273206 101278 72341 0 735826 367913 367913 113390 113390 0 0 20179 20179 567858 308325 208843 50690 0 68754 55852 9889 3013 414189 372769 20710 20710 0 0 0 0 0 394697 394697 0 3374108 3036698 168705 168705 280376 252338 14019 14019 ANCILLARY PROGRAMS 2833711 2833711 BUSING 1810235 1810235 EQUIPMENT RENTAL & MAINTENANCE 1797657 1499542 258264 39851 FOOD SERVICE 1345915 1345915 3088332 1421607 1129143 537582 49531191 42072366 5384137 2074688 8719635 8308509 11077856 16929247 1985656 1306242 60284 65732 209401 209401 0 0 0 0 0 0 422410 658258 99721939 41921417 58847607 57800522 26912826 25718662 0 0 0 0 0 0 606449 639758 108842124 111636331 7076511 4380866 0 0 18844752 20722828 10000000 10000000 0 0 0 0 3560000 1000000 0 0 0 0 39481263 36103694 X 43674686 49936921 10309932 9901459 15376243 15694257 69360861 75532637 108842124 111636331 X 5951894 963082 -743200 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27699670 701126 2059123 1404255 29055664 25139349 3500382 -509869 430192 27699670 25501088 201101 159189 722029 25139349 23076670 1524745 2699512 1799839 25501088 24110675 1223493 1136809 3394307 23076670 0.33150 0.54010 0.12840 false false 622742 622742 85315329 30329367 54985962 13276863 11592050 1684813 507005 507005 57800522 0 0 X 49278985 963082 376355 1339437 47939548 20179 7523358 7543537 55483085 43107209 1119555 1119555 41987654 20179 7523358 7543537 49531191 SCHEDULE D, PART V, LINE 4 USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE SCHOOL'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, CONSISTING OF BOARD DESIGNATED AND DONOR RESTRICTED FUNDS. THE PURPOSE OF ALL THESE FUNDS INCLUDE SCHOLARSHIPS, FACULTY SUPPORT, AS WELL AS FACILITY MAINTENANCE. SCHEDULE D, PART X, LINE 2 The School is subject to the provisions of the Financial Accounting Standards Board's (the "FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, as it relates to accounting and reporting for uncertainty in income taxes. Because of the School's general tax-exempt status, management believes ASC Topic 740 has not had, and is not anticipated to have, a material impact on the School's financial statements. SCHEDULE D, PARTS XI, LINE 2D SPECIAL EVENT EXPENSES NETTED AGAINST SPECIAL EVENT REVENUE PER RETURN, INCLUDED IN EXPENSES PER AUDITED FINANCIAL STATEMENTS OF $277,668. RENTAL EXPENSES NETTED AGAINST RENTAL REVENUE PER RETURN, INCLUDED IN EXPENSES PER AUDITED FINANCIAL STATEMENTS OF $83,939. GROSS SAlES FROM INVENTORY NETTED AGAINST COST OF GOOD SOLD PER RETURN, INCLUDED IN EXPENSES PER AUDITED FINANCIAL STATEMENTS OF $14,747. SCHEDULE D, PART XII, LINE 2D SPECIAL EVENT EXPENSES NETTED AGAINST SPECIAL EVENT REVENUE PER RETURN, INCLUDED IN EXPENSES PER AUDITED FINANCIAL STATEMENTS OF $277,668. RENTAL EXPENSES NETTED AGAINST RENTAL REVENUE PER RETURN, INCLUDED IN EXPENSES PER AUDITED FINANCIAL STATEMENTS OF $83,939. GROSS SAlES FROM INVENTORY NETTED AGAINST COST OF GOOD SOLD PER RETURN, INCLUDED IN EXPENSES PER AUDITED FINANCIAL STATEMENTS OF $14,747. LOSS ON UNCOLLECTIBLE PLEDGES OF $ 743,200. SCHEDULE D, PART XI AND XII, LINE 4B FINANCIAL AID REPORTED NET OF REVENUE IN THE FINANCIAL STATEMENTS OF $7,523,358 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE SCHOOL'S POLICY IS ADEQUATELY DESCRIBED IN VARIOUS PUBLICATIONS DISTRIBUTED BY THE SCHOOL AND AVAILABLE TO THE GENERAL PUBLIC. SCHEDULE E, LINE 6A THE SCHOOL RECEIVED FINANCIAL ASSISTANCE FROM THE NEW YORK STATE EDUCATION DEPARTMENT. AUCTION 679047 325000 354047 356981 LOWER 26439 26439 23505 0 705486 325000 380486 380486 380486 true FINANCIAL AID - STUDENTS 252 7523358 FMV TUITION REDUCTION SCHEDULE I, PART I, LINE 2 FAMILIES SEEKING FINANCIAL AID IN ORDER TO DEFRAY THE COSTS OF TUITION PROVIDE CERTAIN PERSONAL FINANCIAL DATA TO AN INDEPENDENT REVIEW ORGANIZATION. BASED ON THESE RESULTS, THE SCHOOL'S OFFICE OF FINANCIAL AID AWARDS SCHOLARSHIPS TO APPLICANTS WHO QUALIFY UNDER THE GUIDELINES ESTABLISHED BY THE TRUSTEES OF THE SCHOOL IN THE FORM OF NONCASH REDUCTIONS IN THE APPLICANTS' ANNUAL TUITION. X X X true true X X X X X true true false false false false false false false Michael Junsch PHYSICAL ED AND ATHLETICS DIR 143034 0 0 8435 14449 165918 0 LORI-ANNE BROGDON HEAD OF MIDDLE SCHOOL 208765 33836 13300 916 256817 LAWRENCE DONOVAN HEAD OF LOWER SCHOOL 173881 0 0 12390 7433 193704 0 JOHN RANKIN ASSISTANT HEADMASTER 167793 0 0 0 0 0 11900 0 7404 0 187097 0 0 0 DAVID HARMAN 63016 FORMER HEADMASTER 234780 0 280017 16435 8227 539459 112220 STEVEN ANDERSEN 63016 former ASSOC HEAD OF SCHOOL 130000 0 0 0 2000601 0 0 0 5874 0 2136475 0 133813 0 ROBERT ABERLIN Asst Head of school, Finance 235898 0 0 0 0 0 17010 0 14724 0 267632 0 0 0 LORI REDELL DIR OF MENTORING / INTERNSHIP 166816 0 0 0 0 0 12187 0 21641 0 200644 0 0 0 AUDRIUS BARZDUKAS HEAD OF SCHOOL 246102 0 0 0 69260 0 18900 0 11613 0 345875 0 0 0 SCHEDULE J, PART I THE SCHOOL PROVIDES AS ADDITIONAL BENEFITS FOR ITS HEAD OF SCHOOL THE FOLLOWING: TRAVEL FOR COMPANIONS, HOUSING ALLOWANCE AND GROSS-UP PAYMENTS. SCHEDULE J, PART I, LINE 4A, PART II B (III) DURING THE YEAR, THE FORMER ASSOCIATE HEAD OF SCHOOL, RECEIVED SEPARATION PAYMENTS FROM THE SCHOOL IN THE AMOUNT OF $1,816,663. SCHEDULE J, PART I, LINE 4B AS PART OF THE SCHOOL'S EMPLOYMENT AGREEMENT WITH ITS FORMER HEADMASTER AND FORMER ASSOCIATE HEAD OF SCHOOL, THE SCHOOL MAINTAINED TWO UNFUNDED BENEFIT PLANS THAT COMPLIED WITH THE REQUIREMENTS OF APPLICABLE TAX LAW. DURING calendar YEAR 2016, BENEFITS WERE distrubted IN FULL TO BOTH THE FORMER HEADMASTER AND THE FORMER ASSOCIATE HEAD OF SCHOOL. A BUILD NYC RESOURCE CORPORATION BONDS 454040561 GLA111565 2013-09-11 5000000 REFINANCE OF A PRIOR BOND ISSUE false false false B BUILD NYC RESOURCE CORPORATION 454040561 TSA322358 2013-09-11 5000000 REFINANCE OF A PRIOR BOND ISSUE false false false A 0 0 5000000 0 0 0 198614 0 0 0 0 0 2008 true false true true B 0 0 5000000 0 0 0 198614 0 0 0 0 0 2008 true false true true A false false false false 0 false false false false B false false false false 0 false false false false A false false false false false false 0 false 0 false false B false false false false false false 0 false 0 false false A false B false SCHEDULE K, PARTS III AND IV, LINE 7 Written procedures are not required for either question, as the School has no nonqualified bonds and has no reason to monitor any arbitrage-related requirements. WILLIAM WILLIAMS FORMER OFFICER INSURANCE BENEFITS X 209401 209401 false true true 209401 SCHEDULE L, PART II, LINE I SUBSEQUENT TO YEAR-END, THE BALANCE OF THE RECEIVABLE WAS PAID IN FULL BY THE FORMER HEADMASTER. X 15 111017 FMV X AUCTION GOODS 148 119941 FMV false true true SCHEDULE M, PART I, LINE 32B THE donated auction items were sold by AN OUTSIDE AUCTIONEER HIRED BY THE SCHOOL TO CONDUCT THE AUCTION AT THE ANNUAL GALA EVENT. FORM 990, PART VI, SECION B, LINE 11B THE SCHOOL'S DRAFT 990 IS REVIEWED BY A COMMITTEE OF THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO COMPLETE A FORMAL CONFLICT OF INTEREST FORM/QUESTIONNAIRE. THIS IS DONE AT EACH YEAR'S FIRST BOARD MEETING AND MONITORED TO ASSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINES 15A AND 15B COMPARABLE DATA IS ASCERTAINED THROUGH NYSAIS DATABASES AND REPORTED TO THE COMPENSATION COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICES OF POLY PREP COUNTRY DAY SCHOOL. FORM 990, PART XI, LINE 9 LOSS ON UNCOLLECTIBLE PLEDGES OF $743,200