2018-04-12T07:59:52-05:00 2017-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2016-07-01 111633485 FRIENDS ACADEMY FRIE 5166760393 270 DUCK POND ROAD LOCUST VALLEY NY 11560 ANN MARIE TIDONA DIRECTOR OF FINANCE 5166760393 2018-04-09 1 AARON SHAPIRO P01333816 2128674000 38.98.118.70 2018-04-10 15:25:04 ED P 73A2BDB4DEE3E1301F7FB9DCBA9193E2BC5F7900 73A2BDB4DEE3E1301F7FB9DCBA9193E2BC5F7900 2016 2021-01-29 14:40:06Z ANN MARIE TIDONA 270 DUCK POND ROAD LOCUST VALLEY NY 11560 77998127 0 X WWW.FA.ORG X 1877 NY TO OPERATE AN INDEPENDENT ELEMENTARY AND SECONDARY SCHOOL LOCATED ON NORTH SHORE LONG ISLAND. 15 15 405 215 0 0 3443757 2926096 24846297 25832265 892341 2102490 638892 404976 29821287 31265827 1613270 1646470 0 0 19733634 20780350 0 0 922436 8364546 8151649 29711450 30578469 109837 687358 92326389 101913249 29372577 31257623 62953812 70655626 X THE SCHOOL'S PHILOSOPHY IS BASED ON THE QUAKER PRINCIPLES OF INTEGRITY, SIMPLICITY, PATIENCE, MODERATION AND PEACEFUL RESOLUTION OF CONFLICT, AND A BELIEF THAT THE SILENCE AND SIMPLE MINISTRY OF THE "GATHERED MEETING" BRINGS THE PRESENCE OF GOD INTO THE MIDST OF BUSY LIVES. FRIENDS IS COMMITTED TO DEVELOPING A DIVERSE COMMUNITY WHOSE MEMBERS VALUE EXCELLENCE IN LEARNING AND GROWTH IN KNOWLEDGE AND SKILL, A GENUINE COMMITMENT TO SERVICE AND ETHICAL ACTION, AND A REALIZATION THAT EVERY LIFE IS TO BE EXPLORED, CELEBRATED AND ENJOYED IN THE SPIRIT OF THE SOCIETY OF FRIENDS. 0 0 23975870 1646470 24438467 INSTRUCTION AND STUDENT ACTIVITIES - SEE SCHEDULE OACADEMICS: AS A QUAKER SCHOOL, FRIENDS ENDORSES THE PRINCIPLE THAT ALL STUDENTS HAVE WORTH AND ABILITY, AND OUR ACADEMIC PROGRAM PROVIDES THE OPPORTUNITY FOR EACH STUDENT TO FIND HIS OR HER OWN VOICE AND ACHIEVE EXCELLENCE.CHARACTER EDUCATION: A CENTER PIECE OF OUR PROGRAM IS COMMUNITY SERVICE, ONE OF THE ESSENTIAL QUAKER TESTIMONIES. WE OFFER AGE APPROPRIATE SERVICE OPPORTUNITIES FOR ALL OF OUR STUDENTS AS WE TEACH THEM THAT INDIVIDUALS CAN MAKE A DIFFERENCE IN THE WORLD.COLLEGE PREPARATION: WE ARE COMMITTED TO PREPARING STUDENTS NOT ONLY FOR COLLEGE, BUT ALSO FOR RESPONSIBLE CITIZENSHIP. TO THAT END, BEYOND COMMUNITY SERVICE, WE NURTURE LEADERSHIP, CIVIC RESPONSIBILITY, AND COMMUNITY ESPECIALLY IN TERMS OF EQUALITY AND DIVERSITY. FRIENDS SERVED APPROXIMATELY 780 STUDENTS IN 2017. 1446044 1393798 SUMMER PROGRAM - SEE SCHEDULE OFRIENDS ACADEMY SUMMER CAMP PROGRAMS ARE BASED ON THE BELIEF IN THE UNIQUE WORTH OF EVERY CHILD. PROGRAM ACCOMPLISHMENTS INCLUDE DEVELOPING EACH CAMPER'S SELF-CONFIDENCE AS FULLY AS POSSIBLE BY PROVIDING A PLACE WHERE CHILDREN CAN HAVE FUN, MAKE FRIENDS, AND LEARN IN A SAFE AND FRIENDLY ENVIRONMENT, IMPLEMENTING AN ORGANIZED PROGRAM OF FUN AND EXCITING ACTIVITIES THAT PROVIDE MULTIPLE OPPORTUNITIES FOR CAMPERS TO LEARN, SUCCEED, AND DEVELOP CONFIDENCE. THE SUMMER CAMP CONSISTS OF OVER 30 DIVERSE PROGRAMS (SPORTS, ARTS, SCIENCE, COMPUTERS, ACADEMIC AND TRAVEL) FOR AGES 3-15YRS. 25421914 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 405 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X ANN MARIE TIDONA 5166760393 270 DUCK POND ROAD LOCUST VALLEY NY 11560 DEBRA DEL VECCHIO PRESIDENT 0.30 X X 0 0 0 ROBIN WACHTLER VICE PRESIDENT 0.30 X X 0 0 0 FRANK INGRASSIA TREASURER 0.30 X X 0 0 0 ANDREW MENZIN SECRETARY 0.30 X X 0 0 0 PAUL BRODER TRUSTEE 0.30 X 0 0 0 PEGGY BRUCIA TRUSTEE 0.30 X 0 0 0 JEFFERY DANIELS TRUSTEE 0.30 X 0 0 0 STEPHEN FORTUNA TRUSTEE 0.30 X 0 0 0 CONCHITA HEFFRON TRUSTEE 0.30 X 0 0 0 GREGORY HUGHES TRUSTEE 0.30 X 0 0 0 ELIZABETH INGRASSIA TRUSTEE 0.30 X 0 0 0 JOSEPH PODBELA TRUSTEE 0.30 X 0 0 0 ROBERT ROSENBAUM TRUSTEE 0.30 X 0 0 0 GEORGE TSUNIS TRUSTEE 0.30 X 0 0 0 CRAIG WHITE TRUSTEE 0.30 X 0 0 0 ANDREA KELLY HEAD OF SCHOOL 40.00 X 167538 0 26207 ANN MARIE TIDONA DIRECTOR OF FINANCE 40.00 X 223861 0 47426 DEBORAH SCHOMAN ASSOCIATE HEAD 40.00 X 203707 0 20262 JAMES MICHALEK DIRECTOR OF DEVELOPMENT 40.00 X 162392 0 31386 NINA WAECHTER DIR ADMISSIONS/FINANCIAL A 40.00 X 136057 0 86905 RON BASKIND DIRECTOR OF STUDENT LIFE 40.00 X 134984 0 94758 MARK SCHOEFFEL US PRINCIPAL 40.00 X 168250 0 88499 WILLIAM MORRIS HEAD OF SCHOOL 40.00 X 365908 0 33970 1562697 0 429413 32 1 1 0 WEST RAC CONTRACTING CORP 687 OLD WILLETS PATH C HAUPPAUGE NY 11788 CONSTRUCTION 3201802 FLIK INDEPENDENT SCHOOL DINING PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 1129335 LOYAL BUILDING SERVICES INC 41A DEGNON BLVD BAY SHORE NY 11706 CUSTODIAL SERVICES 322713 HUNTINGTON COACH CORP 1359 NEW YORK AVE HUNTINGTON STATION NY 11746 TRANSPORATION 219722 CDW GOVERNMENT 200 N MILWAUKEE AVE VERNON HILLS IL 60061 TECHNOLOGY PRODUCTS 157838 7 322664 591116 2012316 2926096 TUITION AND FEES 611110 23517164 23517164 SUMMER PROGRAM INCOME 611110 1393798 1393798 AUXILIARY SERVICES 611110 921303 921303 25832265 791102 791102 47807587 46496199 1311388 1311388 1311388 580109 322664 236101 344008 344008 MISCELLANEOUS 900099 60968 60968 60968 31265827 25832265 0 2507466 1646470 1646470 695141 695141 13087001 11587400 1012917 486684 722360 653849 40583 27928 5295682 4498407 630935 166340 980166 832301 113556 34309 43500 43500 278736 278736 1060668 728186 292854 39628 65881 12163 46627 7091 961944 667290 207974 86680 260929 260929 545586 507357 28672 9557 453716 453716 128422 99789 19492 9141 396830 396830 1366592 1298659 67933 357584 330434 17496 9654 FOOD 1069297 989461 34412 45424 CLASSROOM INSTRUCTION 857933 857933 SUMMER PROGRAM 192656 192656 CAPITAL SPENDING 65843 65843 45532 45532 30578469 25421914 4234119 922436 X 54420 0 27212 27208 5770489 4665792 4998265 21287 103438 168945 292711 221195 1819 5940 11512 17623 268516 239266 64990742 21774598 42199966 43216144 16275874 49186579 22303190 4170478 100609 0 92326389 101913249 3071013 1831278 4626472 4684476 5525884 10840335 16149208 13901534 29372577 31257623 X 60597715 68026007 857643 1010784 1498454 1618835 62953812 70655626 92326389 101913249 X 687358 3481155 3533301 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45554378 4129137 5304829 1610000 53378344 48017528 2065061 -3029211 1499000 45554378 45115410 3095623 1162495 1356000 48017528 35607464 5527241 5188705 1208000 45115410 31985316 525779 4271369 1175000 35607464 0.95610 0.03030 0.01360 0 0 961346 961346 57867931 18230858 39637073 3852795 2312822 1539973 2308670 1230918 1077752 43216144 POSTRETIREMENT BENEFITS PAYABLE 13901534 13901534 X 36355077 3481155 3533301 7014456 29340621 278736 1646470 1925206 31265827 28653263 0 28653263 278736 1646470 1925206 30578469 PART V, LINE 4: THE DONOR RESTRICTED ENDOWMENT FUND ASSETS ARE TO BE HELD IN PERPETUITY. THE INCOME FROM THE ASSETS ARE USED TO SUPPORT THE ACADEMY'S GENERAL ACTIVITIES. PART X, LINE 2: THE ACADEMY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2014 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: POSTRETIREMENT BENEFIT ADJUSTMENT 3,533,301. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP - FINANCIAL AID 1,646,470. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP - FINANCIAL AID 1,646,470. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS NONDISCRIMINATORY POLICY THROUGH ADVERTISEMENTS IN LOCAL NEWSPAPERS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDS FROM THE CITY OF GLEN COVE AS A REIMBURSEMENT FOR LIBRARY BOOKS AND COMPUTER SOFTWARE PURCHASES AS WELL AS AID MONIES FROM NEW YORK STATE FOR TAKING DAILY ATTENDANCE BASED ON THE NUMBER OF STUDENTS ENROLLED. AUCTION 718468 322664 395804 53169 31547 FALL FAIR 123980 123980 4418 94882 4 60325 60325 52085 902773 322664 580109 57587 94882 83632 236101 344008 1 FINANCIAL AID 84 1646470 FORM 990, PART III FRIENDS ACADEMY MAKES EVERY EFFORT TO ENSURE THAT EVERY STUDENT WHO WISHES TO ENROLL AND OR CURRENTLY ATTENDS HAS THE FINANCIAL ABILITY TO DO SO. THEREFORE, ONCE A STUDENT HAS BEEN ACCEPTED FOR ADMISSION, THE FINANCIAL AID COMMITTEE DETERMINES AWARDS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 ANDREA KELLY HEAD OF SCHOOL 167538 0 0 0 0 0 14300 0 11907 0 193745 0 0 0 ANN MARIE TIDONA DIRECTOR OF FINANCE 223861 0 0 0 0 0 21189 0 26237 0 271287 0 0 0 DEBORAH SCHOMAN ASSOCIATE HEAD 203707 0 0 0 0 0 17548 0 2714 0 223969 0 0 0 JAMES MICHALEK DIRECTOR OF DEVELOPMENT 162392 0 0 0 0 0 6471 0 24915 0 193778 0 0 0 NINA WAECHTER DIR ADMISSIONS/FINANCIAL A 136057 0 0 0 0 0 5205 0 81700 0 222962 0 0 0 RON BASKIND DIRECTOR OF STUDENT LIFE 134984 0 0 0 0 0 13097 0 81661 0 229742 0 0 0 MARK SCHOEFFEL US PRINCIPAL 168250 0 0 0 0 0 6413 0 82086 0 256749 0 0 0 WILLIAM MORRIS HEAD OF SCHOOL 365908 0 0 0 0 0 15900 0 18070 0 399878 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL HAS A DISCRETIONARY SPENDING ACCOUNT IN THE AMOUNT OF FIVE THOUSAND DOLLARS TO BE USED AT THE HEAD'S DISCRETION TO FURTHER THE ACTIVITIES OF THE SCHOOL. ADDITIONALLY, THE HEAD OF SCHOOL AS PART OF HIS EMPLOYMENT CONTRACT IS PROVIDED WITH MANDATORY ON-CAMPUS HOUSING AS WELL AS HOUSEKEEPING SERVICES. A NASSAU COUNTY LOCAL ECONOMIC ASSISTANCE CORPORATION NONEAVAIL 2016-09-26 5647000 RENOVATION OF THE MIDDLE SCHOOL 0 0 0 B NASSAU COUNTY LOCAL ECONOMIC ASSISTANCE CORPORATION NONEAVAIL 2016-09-26 6218000 REFUNDING AND REDEEMING PRIOR BOND ISSUE 0 0 0 A 5647000 128137 2017 0 0 1 1 B 6218000 611785 2017 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 2 FRANK INGRASSIA AND ELIZABETH INGRASSIA HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES RECEIVE AN ELECTRONIC FORM OF THE FINAL 990 BEFORE IT IS FILED WITH THE IRS. IN ORDER TO PROTECT THE CONFIDENTIALITY OF THE DONORS, SCHEDULE B WAS NOT PROVIDED TO THE TRUSTEES. THERE ARE NO FURTHER LIMITATIONS OF THE TRUSTEES' REVIEW. THE TRUSTEES REVIEW THE INFORMATION ON THEIR OWN AND ARE ASKED TO DIRECT ANY QUESTIONS TO THE HEAD OF THE SCHOOL AND DIRECTOR OF FINANCE. THE 990 IS DISCUSSED AT A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C FRIENDS ACADEMY MONITORS AND ENFORCES A CONFLICT OF INTEREST POLICY. THE POLICY CLEARLY IDENTIFIES AREAS OF POTENTIAL CONFLICT, REVIEW PROCEDURES, AND DISCLOSURE RESPONSIBILITIES. THE POLICY IS REVIEWED ANNUALLY AND EACH TRUSTEE AND OFFICER IS REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE POLICY CLEARLY STATES THAT WHERE A POTENTIAL CONFLICT OF INTEREST EXISTS, IT SHALL BE THE RESPONSIBILITY OF THE PERSON INVOLVED TO NOTIFY THE BOARD OF TRUSTEES OF THE CIRCUMSTANCES RESULTING IN THE POTENTIAL CONFLICT SO THAT THE BOARD OF TRUSTEES CAN PROVIDE GUIDANCE AND TAKE APPROPRIATE ACTION. AN OFFICER OR TRUSTEE WHO HAS A POTENTIAL CONFLICT OF INTEREST IN A DECISION-MAKING PROCESS SHALL RECUSE HIMSELF OR HERSELF FROM THE DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE COMMITTEE ON COMPENSATION AND CONFLICTS CONSISTING OF FOUR BOARD MEMBERS HAVE THE AUTHORITY TO FIX THE HEAD OF SCHOOL'S SALARY. REASONABLE COMPENSATION IS DETERMINED BASED UPON PERFORMANCE AND COMPARISON OF COMPARABLE INSTITUTIONS. THE AFOREMENTIONED PROCESS WAS COMPLETED IN 2016 FOR 2017 SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: POST-RETIREMENT MEDICAL BENEFITS PLAN ADJUSTMENT 3,533,301. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.