2018-01-14T10:45:40-06:00 2017-06-30 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 40507 990 2016-07-01 610449657 SAYRE SCHOOL SAYR 8592541361 194 N LIMESTONE STREET LEXINGTON KY 40507 L BROOKS MCLAMB DIRECTOR OF FINANCE & OPERATIONS 8592541361 2018-01-12 1 KRING RAY FARLEY RIDDLE PSC P00067109 8592310541 74.143.220.2 2018-01-12 15:25:13 ES P 85A3A217B3F2CC85D84D8C8A8E4BBF06A6EB772F 85A3A217B3F2CC85D84D8C8A8E4BBF06A6EB772F 2016 2021-01-29 14:40:06Z L BROOKS MCLAMB 194 N LIMESTONE STREET LEXINGTON KY 40507 16114250 0 X WWW.SAYRESCHOOL.ORG X 1854 KY INDEPENDENT SCHOOL 24 24 245 100 0 0 1111501 2873387 11392694 11644609 62414 270859 285757 319848 12852366 15108703 1219632 1266585 0 0 6270604 6566962 0 0 63599 5277055 5363048 12767291 13196595 85075 1912108 29945378 32685714 7487142 7745870 22458236 24939844 INDEPENDENT CO-EDUCATIONAL COLLEGE PREPATORY DAY SCHOOL SERVING STUDENTS PRE-SCHOOL THROUGH TWELFTH GRADE 0 0 10119135 1266585 12038037 PRESCHOOL, ELEMENTARY, MIDDLE AND UPPER SCHOOL EDUCATION - 547 STUDENTS ENROLLED 10119135 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 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 29 0 1 245 1 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X X L BROOKS MCLAMB 8592541361 194 N LIMESTONE STREET LEXINGTON KY 40507 SUE STRUP TRUSTEE 1.00 X 0 0 0 BETTY SIMMS RECESKI TRUSTEE 1.00 X 0 0 0 JUSTIN SAUTTER TRUSTEE 1.00 X 0 0 0 DUDLEY WEBB SECRETARY 3.00 X X 0 0 0 CHERYL JOHNSTON TRUSTEE 1.00 X 0 0 0 ROYCE PULLIAM TRUSTEE 1.00 X 0 0 0 JUDGE WILSON II TRUSTEE 1.00 X 0 0 0 JULIUS P GARLINGTON TRUSTEE 1.00 X 0 0 0 JAMES BEN ALI HAGGIN CHAIRMAN 3.00 X X 0 0 0 RUDOLPH SCHMIDT TRUSTEE 1.00 X 0 0 0 MICHAEL M DAWAHARE TRUSTEE 1.00 X 0 0 0 JOHN BACKER TRUSTEE 1.00 X 0 0 0 JAMES K THORNBERRY TREASURER 3.00 X X 0 0 0 DANIA FAKHOURY TRUSTEE 1.00 X 0 0 0 KIMBERLY BAUGHMAN TRUSTEE 1.00 X 0 0 0 JUSTIN YANDELL TRUSTEE 1.00 X 0 0 0 CATHY JACOBS TRUSTEE 1.00 X 0 0 0 JAMES MILLER TRUSTEE 1.00 X 0 0 0 KNOX VAN NAGELL PFISTER TRUSTEE 1.00 X 0 0 0 ANDREA TEW VICE CHAIR 3.00 X X 0 0 0 JACQUELIN WHITAKER MURPHY TRUSTEE 1.00 X 0 0 0 RODNEY S SHOCKLEY TRUSTEE 1.00 X 0 0 0 AMY ALLEN TRUSTEE 1.00 X 0 0 0 MORGAN FISTER TRUSTEE 1.00 X 0 0 0 STEPHEN MANELLA HEADMASTER 40.00 X 217826 0 65565 L BROOKS MCLAMB DIR. OF ADMIN 40.00 X 146407 0 13994 364233 0 79559 4 0 1 0 NETGAIN TECHNOLOGIES 2031 GEORGETOWN ROAD LEXINGTON KY 40511 IT SERVICES 209375 STREET DIXON RICK ARCHITECTURE PLC 107 KENNER AVENUE NASHVILLE TN 37205 ARCHITECTS 160695 CHAD NEEDHAM PROPERTIES 440 FAYETTE PARK LEXINGTON KY 40508 CONSULTANT 120000 S MARSHALL & ASSOCIATES LLC 3102 FRANKFORT ROAD GEORGETOWN KY 40324 CONSTRUCTION 114460 GORDON FOOD SERVICE 1856 PLAUDIT PL LEXINGTON KY 40509 FOOD SERVICE SUPPLIES 111113 5 2873387 4946 2873387 TUITION AND FEES 611600 10559612 10559612 STUDENT ACTIVITIES 611710 383869 383869 SUMMER PROGRAMS 611710 279357 279357 PERSONAL LEARNING PROG. 611710 193751 193751 EXTENDED DAY PROGRAM 611710 120907 120907 107113 107113 11644609 176493 176493 951115 856749 94366 94366 94366 346077 148798 197279 197279 MISCELLANEOUS INCOME 611710 122569 122569 122569 15108703 12038037 0 197279 X 1266585 1266585 5382880 3692658 1690222 175340 116626 58714 628118 455080 173038 380624 266873 113751 21603 21603 28385 28385 22870 22870 51147 51147 1898 1898 241483 226676 14807 386292 386292 5545 5545 4950 4950 121142 121142 863480 863480 107441 107441 FACULTY AND STAFF TUITI 744329 565874 178455 INSTRUCTIONAL SUPPLIES 483726 483726 LUNCH PROGRAM - BUTTERY 406050 406050 STUDENT ACTIVITIES 338569 338569 1534138 1050646 419893 63599 13196595 10119135 3013861 63599 1064338 3111633 1961797 1427232 1798567 2380367 96214 11754 18837 21783 294246 301816 33749531 15682829 17857098 18066702 5238071 5672194 1612710 1688733 3500 3500 29945378 32685714 673130 606709 2593073 3081298 4109696 3964527 111243 93336 7487142 7745870 X 15363742 16001805 3727094 5555789 3367400 3382250 22458236 24939844 29945378 32685714 1912108 569500 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6850781 67300 798768 355922 7360927 7304860 6495 -129075 331499 6850781 7495958 15685 130716 337499 7304860 6866326 9745 778797 158910 7495958 7296779 4085 213933 648471 6866326 0.43100 0.45940 0.10960 1 0 1975900 1975900 28679168 12872791 15806377 2736208 2457436 278772 358255 352602 5653 18066702 SPDR S&P 500 ETF TRUST > 5% TOTAL ASSETS 1688733 F 1688733 DEFERRED COMPENSATION 91786 SECURITY DEPOSIT 1550 93336 15827001 569500 148798 718298 15108703 0 15108703 13345393 148798 148798 13196595 0 13196595 PART V, LINE 4: INVESTMENT INCOME FROM ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS AND ACADEMIC AWARDS, BUILDING CONSTRUCTION AND IMPROVEMENTS, AND TO OFFSET COSTS OF CERTAIN ACADEMIC ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 148,798. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 148,798. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN PRINTED MATERIALS DISTRIBUTED TO THE PUBLIC AND IN ADVERTISING IN AREA NEWSPAPERS AND SPECIAL INTEREST PUBLICATIONS. SPECTACULAR 242262 242262 64699 PARENTS COMMITTEE 32410 32410 25416 3 71405 71405 58683 346077 346077 148798 148798 197279 1 FINANCIAL AID FOR TUITION 175 1266585 FMV TUITION PART I, LINE 2: THE SCHOOL MAKES FUNDS AVAILABLE ON AN ANNUAL BASIS TO ASSIST PARENTS WHO DEMONSTRATE NEED IN MEETING THE COST OF AN INDEPENDENT SCHOOL EDUCATION. AFTER FILING AN ADMISSION APPLICATION WITH THE SCHOOL, FAMILIES MAY REQUEST A FINANCIAL AID APPLICATION WHICH REQUIRES THEM TO PROVIDE FINANCIAL INFORMATION TO BE CONSIDERED IN AWARDING AID. THE APPLICATION FOR FINANCIAL AID IS MAILED TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID FOR PROCESSING. THE SERVICE EVALUATES THE DATA PROVIDED AND FURNISHES THE SCHOOL WITH AN ESTIMATE OF ACTUAL NEED. THE SCHOOL USES THIS ESTIMATE IN DETERMINING THE AMOUNT OF AID TO BE PROVIDED. FINANCIAL AID IS AWARDED WITHOUT REGARD TO RACE, COLOR, RELIGION, NATIONAL OR ETHNIC ORIGIN. X X X X X 0 1 0 0 0 0 0 0 0 STEPHEN MANELLA HEADMASTER 217757 0 0 0 69 0 8707 0 56858 0 283391 0 0 0 L BROOKS MCLAMB DIR. OF ADMIN 146209 0 0 0 198 0 5840 0 8154 0 160401 0 0 0 PART I, LINE 4B BROOKS MCLAMB, $20,048 HIGHLY COMPENSATED EMPLOYEES KEY EMPLOYEES 55408 TUITION REMISSION EDUCATION FORM 990, PART VI, SECTION A, LINE 7A BOARD OF TRUSTEES HAS A NOMINATING COMMITTEE WHICH INTERVIEWS THOSE INTERESTED IN JOINING THE BOARD. NOMINATING COMMITTEE RECOMMENDS NEW MEMBERS TO THE BOARD OF TRUSTEES FOR VOTE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A COPY OF THE FORM 990 (OMITTING SCHEDULE B) IS MADE AVAILABLE TO TRUSTEES VIA BOARD PORTAL ON THE SCHOOL'S SECURED WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO SIGN WRITTEN DISCLOSURE STATEMENT CONCERNING ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. DIRECTORS ARE REQUIRED TO NOTIFY TRUSTEES IF CIRCUMSTANCES CHANGE DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE (COMPENSATION) COMMITTEE REVIEWS THE CONTRACT FOR HEADMASTER INCLUDING COMPARING CONTRACT TERMS WITH OTHER COMPENSATION ARRANGEMENTS FOR A SIMILAR POSITION IN OTHER INDEPENDENT SCHOOLS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S POLICY IS TO MAKE APPLICATION FOR TAX EXEMPTION AS WELL AS FORM 990 AVAILABLE FOR PUBLIC INSPECTION IN THE SCHOOL'S BUSINESS OFFICE DURING REGULAR HOURS OF OPERATION. DOCUMENTS ARE PROVIDED FOR REVIEW UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 24E UTILITIES: PROGRAM SERVICE EXPENSES 319,238. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 319,238. PERSONAL LEARNING PROGRAM: PROGRAM SERVICE EXPENSES 229,968. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 229,968. SUMMER CAMPS: PROGRAM SERVICE EXPENSES 218,330. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 218,330. EQUIPMENT RENTAL & MAINTENANCE: PROGRAM SERVICE EXPENSES 6,212. MANAGEMENT AND GENERAL EXPENSES 126,275. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 132,487. EXTENDED DAY PROGRAM: PROGRAM SERVICE EXPENSES 112,403. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 112,403. TEXTBOOKS: PROGRAM SERVICE EXPENSES 109,525. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109,525. DEVELOPMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 63,599. TOTAL EXPENSES 63,599. BUILDING MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 63,411. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63,411. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 49,977. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,977. AUTO EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 34,545. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,545. PARKING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 34,299. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,299. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30,540. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,540. ADMISSIONS AND TESTING: PROGRAM SERVICE EXPENSES 22,684. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,684. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 19,110. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,110. PRINTING & PUBLICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 19,003. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,003. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,172. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,172. HOMEWORK CLINIC: PROGRAM SERVICE EXPENSES 14,529. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,529. TEACHER AND STAFF RECRUITMENT: PROGRAM SERVICE EXPENSES 12,703. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,703. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,347. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,347. COUNSELING AND SPECIAL STUDIES: PROGRAM SERVICE EXPENSES 4,754. MANAGEMENT AND GENERAL EXPENSES 3,730. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,484. PROFESSIONAL ADVANCEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,144. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,144. FACULTY APPRECIATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,800. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,540. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,540. COMMUNITY SERVICE: PROGRAM SERVICE EXPENSES 300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 300. FORM 990, PART XI, LINE 2C THE PROCESS OF REVIEWING AND APPROVING AUDITED FINANCIAL STATEMENTS BY THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES HAS NOT CHANGED FROM PRIOR YEARS