2017-05-04T09:04:23-05:00 2016-06-30 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 40507 990 2015-07-01 610449657 SAYRE SCHOOL SAYR 8592541361 194 N LIMESTONE STREET LEXINGTON KY 40507 L BROOKS MCLAMB DIRECTOR OF FINANCE & OPERATIONS 8592541361 2017-04-26 1 KRING RAY FARLEY RIDDLE PSC P00067109 8592310541 2015 2021-01-29 14:40:06Z L BROOKS MCLAMB 194 N LIMESTONE STREET LEXINGTON KY 40507 14767647 0 X WWW.SAYRESCHOOL.ORG X 1854 KY INDEPENDENT SCHOOL 24 24 229 100 0 0 2567865 1111501 10786464 11392694 249079 62414 260806 285757 13864214 12852366 1253139 1219632 0 0 6559615 6270604 0 0 91757 4434191 5277055 12246945 12767291 1617269 85075 29859976 29945378 7330592 7487142 22529384 22458236 INDEPENDENT CO-EDUCATIONAL COLLEGE PREPATORY DAY SCHOOL SERVING STUDENTS PRE-SCHOOL THROUGH TWELFTH GRADE 0 0 9710909 1219632 11661655 PRESCHOOL, ELEMENTARY, MIDDLE AND UPPER SCHOOL EDUCATION - 548 STUDENTS ENROLLED 9710909 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 31 0 1 229 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 POPE MCLEAN JR TRUSTEE 1.00 X 0 0 0 ROBYN PETERMAN-ZAHN 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 203208 0 59014 L BROOKS MCLAMB DIR. OF ADMIN 40.00 X 143063 0 33437 346271 0 92451 3 0 1 0 FACILITIES MANAGEMENT SERVICES 4400 BISHOP LANE STE 108 LOUISVILLE KY 40218 JANITORIAL 130354 STREET DIXON RICK ARCHITECTURE PLC 107 KENNER AVENUE NASHVILLE TN 37205 ARCHITECTS 118409 GORDON FOOD SERVICE 1856 PLAUDIT PL LEXINGTON KY 40509 FOOD SERVICE SUPPLIES 107219 NETGAIN TECHNOLOGIES 2031 GEORGETOWN ROAD LEXINGTON KY 40511 IT SERVICES 104144 S MARSHALL & ASSOCIATES LLC 3102 FRANKFORT ROAD GEORGETOWN KY 40324 CONSTRUCTION 102044 5 1111501 9670 1111501 TUITION AND FEES 611600 10265107 10265107 STUDENT ACTIVITIES 611710 314211 314211 SUMMER PROGRAMS 611710 262648 262648 PERSONAL LEARNING PROG. 611710 209963 209963 EXTENDED DAY PROGRAM 611710 159775 159775 180990 180990 11392694 177537 177537 1657009 700 1771272 1560 -114263 -860 -115123 -115123 336782 142449 194333 194333 MISCELLANEOUS INCOME 611710 91424 91424 91424 12852366 11661655 0 79210 X 1219632 1219632 466867 100548 366319 4725450 3469666 1255784 152632 102328 50304 553698 408109 145589 371957 264670 107287 1945 1945 25070 25070 27224 27224 48188 48188 1791 1791 225950 211502 14448 233929 233929 4979 4979 3167 3167 113328 113328 971693 971693 95032 95032 FACULTY AND STAFF TUITI 765316 568581 196735 INSTRUCTIONAL SUPPLIES 443934 443934 LUNCH PROGRAM - BUTTERY 388598 388598 STUDENT ACTIVITIES 335436 335436 1591475 992283 507435 91757 12767291 9710909 2964625 91757 713884 1064338 1652187 1961797 1874195 1798567 82455 96214 14296 18837 249313 294246 32676447 14819349 17965286 17857098 5556128 5238071 1748732 1612710 3500 3500 29859976 29945378 695965 673130 2402742 2593073 4082537 4109696 149348 111243 7330592 7487142 X 15784207 15363742 3382307 3727094 3362870 3367400 22529384 22458236 29859976 29945378 85075 -156223 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7304860 6495 -129075 331499 6850781 7495958 15685 130716 337499 7304860 6866326 9745 778797 158910 7495958 7296779 4085 213933 648471 6866326 7246437 46580 230276 226514 7296779 0.43210 0.49120 0.07670 1 0 1975990 1975990 27741977 12133833 15608144 2600225 2353772 246453 358255 331744 26511 17857098 SPDR S&P 500 ETF TRUST > 5% TOTAL ASSETS 1612710 F 1612710 DEFERRED COMPENSATION 110143 SECURITY DEPOSIT 1100 111243 12838592 -156223 142449 -13774 12852366 0 12852366 12909740 142449 142449 12767291 0 12767291 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 142,449. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 142,449. 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 262765 262765 78841 PARENTS COMMITTEE 31317 31317 24776 3 42700 42700 38832 336782 336782 142449 142449 194333 1 FINANCIAL AID FOR TUITION 150 1219632 FMV 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 203163 0 0 0 45 0 0 0 59014 0 262222 0 0 0 L BROOKS MCLAMB DIR. OF ADMIN 142865 0 0 0 198 0 20048 0 13389 0 176500 0 20048 0 PART I, LINE 4B BROOKS MCLAMB, $20,048 HIGHLY COMPENSATED EMPLOYEES KEY EMPLOYEES 62455 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 11 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 310,364. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 310,364. SUMMER CAMPS: PROGRAM SERVICE EXPENSES 197,786. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 197,786. PERSONAL LEARNING PROGRAM: PROGRAM SERVICE EXPENSES 167,786. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,786. EXTENDED DAY PROGRAM: PROGRAM SERVICE EXPENSES 146,466. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 146,466. BUILDING MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 140,517. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,517. EQUIPMENT RENTAL & MAINTENANCE: PROGRAM SERVICE EXPENSES 6,492. MANAGEMENT AND GENERAL EXPENSES 119,817. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 126,309. TEXTBOOKS: PROGRAM SERVICE EXPENSES 100,629. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,629. DEVELOPMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 91,757. TOTAL EXPENSES 91,757. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 72,056. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,056. AUTO EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 38,205. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,205. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 27,259. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,259. HOMEWORK CLINIC: PROGRAM SERVICE EXPENSES 25,398. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,398. PRINTING & PUBLICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,736. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,736. ADMISSIONS AND TESTING: PROGRAM SERVICE EXPENSES 20,464. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,464. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 19,659. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,659. PARKING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,473. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,473. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,283. TEACHER AND STAFF RECRUITMENT: PROGRAM SERVICE EXPENSES 12,360. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,360. COUNSELING AND SPECIAL STUDIES: PROGRAM SERVICE EXPENSES 4,238. MANAGEMENT AND GENERAL EXPENSES 6,717. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,955. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,934. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,934. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,236. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,236. PROFESSIONAL ADVANCEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,287. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,287. FACULTY APPRECIATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,256. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,256. 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