2017-05-11T13:13:28-05:00 2016-06-30 752393478 WHITLEY PENN LLP 8343 DOUGLAS AVENUE SUITE 400 DALLAS TX 75225 990 2015-07-01 751390485 PARISH EPISCOPAL SCHOOL PARI 9722398011 4101 SIGMA ROAD DALLAS TX 75244 MARK KIRKPATRICK CFO 9722398011 2017-05-10 1 CURTIS MAXFIELD P00445178 2143939300 2015 2021-01-29 14:40:06Z MARK KIRKPATRICK 4101 SIGMA ROAD DALLAS TX 75244 35894951 0 X WWW.PARISHEPISCOPAL.ORG X 1972 TX INSPIRED BY ITS VALUES OF WISDOM, HONOR, AND SERVICE, PARISH EPISCOPAL SCHOOL'S INCLUSIVE EPISCOPAL COMMUNITY GUIDES YOUNG PEOPLE TO BECOME CREATIVE LEARNERS AND BOLD LEADERS PREPARED TO IMPACT OUR COMPLEX GLOBAL SOCIETY. 29 29 410 600 2756 1756 3189700 5666292 26829523 28718318 72182 44749 111082 524059 30202487 34953418 2420993 2498370 0 0 17520384 18234060 0 0 632597 9920532 10184973 29861909 30917403 340578 4036015 60181740 63636487 45588142 45006874 14593598 18629613 INSPIRED BY ITS VALUES OF WISDOM, HONOR, AND SERVICE, PARISH EPISCOPAL SCHOOL'S INCLUSIVE EPISCOPAL COMMUNITY GUIDES YOUNG PEOPLE TO BECOME CREATIVE LEARNERS AND BOLD LEADERS PREPARED TO IMPACT OUR COMPLEX GLOBAL SOCIETY. 0 0 26905485 2498370 29037149 DURING THE FISCAL YEAR ENDED JUNE 30, 2016, PARISH EPISCOPAL SCHOOL PROVIDED QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,100 STUDENTS IN GRADES PRESCHOOL THROUGH TWELFTH GRADE. 26905485 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 1 0 0 1 133 1 1 410 1 1 1 0 0 0 0 1 1 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X MARK KIRKPATRICK 9722398011 4101 SIGMA ROAD DALLAS TX 75244 CHRISTOPHER RAY BOARD OF TRUSTEES - CHAIR 1.00 0.00 X X 0 0 0 TIM ELLER BOARD OF TRUSTEES - VICE CHAIR 1.00 0.00 X X 0 0 0 STEVE MCDONALD BOARD OF TRUSTEES - TREASURER 1.00 0.00 X X 0 0 0 ANDREA MAYFIELD BOARD OF TRUSTEES - SECRETARY 1.00 0.00 X X 0 0 0 THE REV CASEY SHOBE RECTOR THE CHURCH OF THE TRANSFIGURATION 1.00 0.00 X 0 0 0 BILL EDWARDS SENIOR WARDEN THE CHURCH OF THE TRANSGIURATION 1.00 0.00 X 0 0 0 NANCY ANN HUNT BOARD OF TRUSTEES - EMERITA 1.00 0.00 X 0 0 0 ALLEN MEYER BOARD OF TRUSTEES - EMERITUS 1.00 0.00 X 0 0 0 BUD APPLEBAUM TRUSTEE 1.00 0.00 X 0 0 0 CHRISTINE ASHMORE TRUSTEE 1.00 0.00 X 0 0 0 ED BOWMAN TRUSTEE 1.00 0.00 X 0 0 0 RON DENHEYER TRUSTEE 1.00 1.00 X 0 0 0 HOLLYE FISK TRUSTEE 1.00 0.00 X 0 0 0 BETH GERWE TRUSTEE 1.00 0.00 X 0 0 0 JAY MADRID TRUSTEE 1.00 0.00 X 0 0 0 KATHY PERSHERN TRUSTEE 1.00 0.00 X 0 0 0 RANDY POLKA TRUSTEE 1.00 0.00 X 0 0 0 BILL RADEMACHER TRUSTEE 1.00 0.00 X 0 0 0 KIMBERLY RICH TRUSTEE 1.00 0.00 X 0 0 0 JOHN SCULLY TRUSTEE 1.00 0.00 X 0 0 0 LYNN SMITH TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL WEINMAN TRUSTEE 1.00 1.00 X 0 0 0 LUCY LONG WELCH TRUSTEE 1.00 0.00 X 0 0 0 WARREN WHITE TRUSTEE 1.00 0.00 X 0 0 0 ALLEN BELL TRUSTEE 1.00 0.00 X 0 0 0 ALYSON JACKSON TRUSTEE 1.00 0.00 X 0 0 0 BRAD PHILLIPS TRUSTEE 1.00 0.00 X 0 0 0 JOYCE ROGGE TRUSTEE 1.00 0.00 X 0 0 0 ALEX SHARMA TRUSTEE 1.00 0.00 X 0 0 0 TREY VELVIN TRUSTEE 1.00 1.00 X 0 0 0 DAVE MONACO ALLEN MEYER FAMILY HEAD OF SCHOOL 40.00 0.00 X 358999 0 63007 J MARK KIRKPATRICK CHIEF FINANCIAL OFFICER 40.00 1.00 X 176755 0 17947 MICHELLE LYON PROVOST AND HEAD OF UPPER SCHOOL 40.00 0.00 X 149891 0 13707 MARCI MCLEAN CHIEF ADVANCEMENT OFFICER 40.00 0.00 X 122544 0 4893 BRETT MCCABE ATHLETIC DIRECTOR & HEAD BASEBALL COACH 40.00 0.00 X 108826 0 19081 AMY ARIAGNO DIRECTOR OF ACCOUNTING & AUXILIARY PROGRAM 40.00 0.00 X 103039 0 19890 KARL REISS DIRECTOR OF VISUAL & PERFORMING ARTS 40.00 0.00 X 101918 0 15151 ELIZABETH DEMAREST FORMER HEAD OF LOWER SCHOOL 0.00 0.00 X 109325 0 5636 1231297 0 159312 8 1 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICE 906059 ENTRUST ONE 11142 SHADY TRAIL DALLAS TX 75229 CLEANING SERVICE 428421 RELIANT ENERGY PO BOX 120954 DALLAS TX 753120954 ELECTRIC SERVICE PROVIDER 418433 PAVECON 216 JAMES ST ROANOKE TX 76262 INDUSTRIAL PAVING CONTRACTOR 258157 TDINDUSTRIES PO BOX 300008 DALLAS TX 753030008 MAINTENANCE SERVICE 131561 7 148907 160464 306900 5050021 95544 5666292 TUITION & FEES 611110 26359459 26359459 ENRICHMENT PROGRAMS 611699 1164222 1164222 CAFETERIA 722100 873799 873799 AFTERNOON PREK 611110 217700 217700 CHILD DEVELOPMENT CENTER 624410 103138 103138 28718318 85294 85294 3615 0 3615 3615 3615 40545 -40545 -40545 -40545 645136 160464 483209 161927 161927 54780 28309 26471 26471 721516 389470 332046 329290 2756 34953418 29037149 2756 247221 2498370 2498370 636515 149856 486659 13905133 12156123 1360272 388738 654631 516986 117605 20040 2025412 1771056 206544 47812 1012369 860294 119729 32346 40691 40691 50952 50952 7 7 886091 848589 37502 84065 19837 64228 265057 265057 134463 134463 1963289 1898906 54645 9738 114676 114676 790700 770932 15814 3954 2894353 2821994 57887 14472 165096 160969 3302 825 INSTRUCTION 1849127 1839783 6944 2400 DEVELOPMENT 299732 3854 184313 111565 SECURITY 283060 282732 262 66 BANK FEES 116108 65524 50584 247506 125004 121861 641 30917403 26905485 3379321 632597 21744008 23981178 1871872 3437258 933079 1994349 283087 369231 3066927 2701339 62178454 31375758 31938349 30802696 179616 185634 164802 164802 60181740 63636487 1971365 1980304 17825233 18234424 23409640 22622717 2250000 2000000 131904 169429 45588142 45006874 X 8786205 9557323 5807393 9072290 14593598 18629613 60181740 63636487 4036015 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23756240 -3283322 -151074 306900 81501 19933443 23522188 202655 443511 221783 84346 105985 23756240 22162274 181380 1476418 159942 71755 66187 23522188 11704389 10294660 327694 121414 43055 22162274 0.89000 0.09900 0.01100 0 1 1 2607000 2607000 45244953 22529737 22715216 11845092 7173256 4671836 2481409 1672765 808644 30802696 DEFERRED COMPENSATION PAYABLE 169429 169429 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE BENEFIT OF PARISH EPISCOPAL SCHOOL. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND THEREFORE NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAXES IN THE FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAD UNRELATED BUSINESS INCOME OF $2,756 AND $1,904 FOR FISCAL 2016 AND 2015. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAXES. MANAGEMENT HAS EVALUATED THE SCHOOL'S FEDERAL AND STATE TAX POSITIONS AND BELIEVES THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AND BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO FILE AN ANNUAL INFORMATION RETURN WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE SCHOOL FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION WITHIN THE UNITED STATES AND NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PARISH PUBLISHES A NONDISCRIMINATORY AD IN THE DALLAS MORNING NEWS EACH YEAR TO COMPLY WITH ITS NONDISCRIMINATORY POLICY. ITS POLICY IS ALSO DISCLOSED ON THE ENROLLMENT APPLICATION AND ON ITS WEBSITE. ANNUAL GALA 678869 119673 559196 114914 124395 24620 38871 GOLF TOURNAMENT 31575 11420 20155 91 18110 4382 1 39843 18680 21163 10454 4592 750287 149773 600514 91 133024 124395 35074 47845 340429 260085 54780 28309 0 54780 28309 28309 26471 TX 0 PARISH EPISCOPAL SCHOOL IS NOT REQUIRED TO HOLD A LICENSE TO CONDUCT THE RAFFLE ACTIVITY ASSOCIATED WITH THE ANNUAL GALA. 0 1 0 0.75000 0.25000 AMY ARIAGNO 4101 SIGMA ROAD DALLAS TX 75244 0 AMY ARIAGNO ASSISTS THE PARENTS ASSOCIATION IN ACCOUNTING ACTIVITIES AND OTHER ADMINISTRATIVE TASKS NECESSARY TO CARRYON THE RAFFLE ACTIVITY AND REPORT ITS RESULTS. X 0 1 FINANCIAL ASSISTANCE PROVIDED TO STUDENTS 140 2498370 FMV TUITION PART I, LINE 2: ALL FINANCIAL ASSISTANCE GRANTS ARE PROVIDED AS A DISCOUNT TO TUITION WHICH IS BILLED FOR EACH STUDENT, CASH IS NOT PROVIDED TO THE GRANTEE. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 DAVE MONACO ALLEN MEYER FAMILY HEAD OF SCHOOL 333999 0 25000 0 0 0 47731 0 15276 0 422006 0 0 0 J MARK KIRKPATRICK CHIEF FINANCIAL OFFICER 176755 0 0 0 0 0 7255 0 10692 0 194702 0 0 0 MICHELLE LYON PROVOST AND HEAD OF UPPER SCHOOL 149891 0 0 0 0 0 6087 0 7620 0 163598 0 0 0 ELIZABETH DEMAREST FORMER HEAD OF LOWER SCHOOL 109325 0 0 0 0 0 2222 0 3414 0 114961 0 0 0 SCHEDULE J, PART I, LINE 1A BONUS PAYMENTS MADE TO DAVID MONACO, HEAD OF SCHOOL, ARE SUBJECT TO GROSS UP/TAX INDEMNIFICATION. DAVID MONACO IS ALSO PROVIDED A DISCRETIONARY BUDGET TO BE USED FOR THE ADVANCEMENT OF THE SCHOOL'S GOALS, OBJECTIVES AND MISSION IN THE BROADER COMMUNITY. SCHEDULE J, PART I, LINE 4 EFFECTIVE JULY 1, 2011, DAVID MONACO, HEAD OF SCHOOL, IS AWARDED A SPECIAL GRANT EACH YEAR FOR THE NEXT TEN YEARS WHICH VESTS IN YEAR 10. FOR THE FISCAL YEAR ENDED JUNE 30, 2016, THE SCHOOL RECORDED $37,525 IN EXPENSES RELATED TO THE SPECIAL GRANT. THE CUMULATIVE DEFERRED LIABILITY AT JUNE 30, 2016 IS $169,429. A RED RIVER EDUCATION FINANCE CORPORATION 752791247 2010-12-30 27325000 PROVIDE EDUCATION FACILITIES FOR USE AT THE FARMERS BRANCH, TX CAMPUS 0 0 0 A 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 BILLIE STATON FORMER TRUSTEE 2577 PURCHASE OF APPAREL 0 CHRISTOPHER GEYMULLER FORMER TRUSTEE 2763 SECURITY MONITORING & SERVICE 0 HAROLD MACDOWELL FORMER TRUSTEE 102653 CAMPUS MAINTENANCE & SERVICE 0 X 959 FMV X 14 68942 FMV X 32 18813 FMV X GIFT CERTIFICATES AND OTHER MISCELLANEOUS 45 3951 SELLING PRICE X JEWELRY 15 1851 SELLING PRICE X ELECTRONICS 3 803 SELLING PRICE X FURNITURE 1 225 SELLING PRICE 0 1 1 PART I, LINE 32B: PARISH EPISCOPAL SCHOOL HIRES A THIRD PARTY ORGANIZATION TO ORGANIZE AND TRACK THE SALE AND PROCEEDS FROM THE NON-CASH ITEMS SOLICITED BEFORE AND DURING THE GALA. AN AUCTIONEER IS HIRED TO CONDUCT THE LIVE AUCTION AT THE EVENT. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE RISK MANAGEMENT COMMITTEE PRIOR TO FILING. THE FORM 990 IS ALSO MADE AVALIABLE TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WAS ORIGINALLY APPROVED BY THE BOARD IN 1998 AND WAS MOST RECENTLY AMENDED IN 2007. THE POLICY IS DISTRIBUTED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS AND IS INCLUDED IN THE BOARD OF TRUSTEES MANUAL. THE POLICY REQUIRES THE BOARD MEMBER TO ATTEST THEY HAVE NOT HELD ANY OFFICE OR DIRECTORSHIP OR HAVE A PERSONAL FINANCIAL INTEREST, DIRECTLY OR INDIRECTLY, IN ANY CORPORATION, PARTNERSHIP OR ENTITY WHICH TRANSACTS BUSINESS WITH PARISH EPISCOPAL SCHOOL (THE SCHOOL), THEY DO NOT INDIVIDUALLY TRANSACT ANY BUSINESS, DIRECTLY OR INDIRECTLY, WITH THE SCHOOL AND ARE NOT RELATED TO ANY INDIVIDUAL IN THE EMPLOY OF THE SCHOOL OR DOING BUSINESS WITH THE SCHOOL. AT EACH COMMITTEE AND BOARD MEETING, MEMBERS ARE EXPECTED TO COMPLY WITH THE POLICY. ANY BOARD MEMBERS WITH A POTENTIAL CONFLICT OF INTEREST ARE EXPECTED TO RECUSE THEMSELVES FROM ANY RELEVANT ISSUE AND THE RECUSAL IS REFLECTED IN THE MINUTES OF THAT MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS OUTLINED IN HIS 3 YEAR CONTRACT. EACH YEAR THE EXECUTIVE COMMITTEE REVIEWS THE HEAD OF SCHOOL'S PERFORMANCE AND GOALS AND AN ANNUAL MERIT ADJUSTMENT IS MADE TO HIS COMPENSATION. THE CHIEF FINANCIAL OFFICER'S COMPENSATION IS BASED UPON EXPERIENCE UPON HIRE AND RECEIVES THE MERIT INCREASE FOR STAFF AS ESTABLISHED ANNUALLY BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE SCHOOL COMMUNITY (EMPLOYEES, VOLUNTEER LEADERSHIP, TRUSTEES)BUT NOT TO THE GENERAL PUBLIC OUTSIDE THE SCHOOL COMMUNITY. FORM 990, PART XII, LINE 2C: THE FINANCIAL REPORTING OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PARISH DAY SCHOOL ENDOWMENT FUND INC 4101 SIGMA ROAD DALLAS TX 75244 752264376 FUND RAISING TX 501(C)(3) LINE 11B, II N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE PARISH DAY SCHOOL ENDOWMENT FUND INC C 303700 CASH THE PARISH DAY SCHOOL ENDOWMENT FUND INC E 22622717 BOOK VALUE OF TAX EXEMPT BONDS