2017-05-05T16:00:39-05:00 2016-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2015-07-01 131740484 RYE COUNTRY DAY SCHOOL RYEC 9149671417 POST ROAD CEDAR STREET RYE NY 10580 ANDREA SULLIVAN VICE PRESIDENT 9149671417 2017-05-05 1 AARON SHAPIRO P01333816 2128674000 2015 2021-01-29 14:40:06Z ANDREA SULLIVAN POST ROAD CEDAR STREET RYE NY 10580 49682129 0 X WWW.RYECOUNTRYDAY.ORG X 1922 NY RYE COUNTRY DAY SCHOOL "THE SCHOOL" OPERATES A COEDUCATIONAL COLLEGE PREPARATORY INDEPENDENT SCHOOL DEDICATED TO PROVIDING STUDENTS FROM PRE-KINDERGARTEN THROUGH GRADE TWELVE WITH A CHALLENGING PROGRAM USING TRADITIONAL AND INNOVATIVE APPROACHES. 27 27 327 101 362 0 22726991 9749724 33641125 35720982 702066 739857 -18898 163536 57051284 46374099 4771989 5139825 0 0 24436330 24833045 26634 28906 876199 10026059 11134494 39261012 41136270 17790272 5237829 130899538 133848965 16510697 16021986 114388841 117826979 X RYE COUNTRY DAY SCHOOL (THE SCHOOL) IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL OPERATES A COEDUCATIONAL COLLEGE PREPARATORY INDEPENDENT SCHOOL DEDICATED TO PROVIDING STUDENTS FROM PRE-KINDERGARTEN THROUGH GRADE TWELVE WITH A CHALLENGING PROGRAM USING TRADITIONAL AND INNOVATIVE APPROACHES. THE SCHOOL HAS AN ENROLLMENT OF 896 STUDENTS. THE SCHOOL'S PRIMARY FUNDING IS THROUGH TUITION REVENUE, FEES AND CONTRIBUTIONS. 0 0 35233864 5139825 35720982 SEE SCHEDULE ORYE COUNTRY DAY SCHOOL IS A HIGHLY COMPETITIVE COLLEGE PREPARATORY SCHOOL WHERE STUDENTS CONTINUE TO ACHIEVE OUTSTANDING RESULTS ON ADVANCED PLACEMENT EXAMS, AS WELL AS THE SAT'S AND ACTS. THE ACADEMIC EXCELLENCE, IN TURN SUPPORTS A VERY SUCCESSFUL MATRICULATION RATE AT MANY OF THE NATIONS TOP COLLEGES AND UNIVERSITIES. RYE COUNTRY DAY SCHOOL HAS CONTINUED TO ENJOY A HEALTHY FINANCIAL POSITION AS A RESULT OF STRONG ADMISSIONS DEMAND, FULL ENROLLMENT, PRUDENT FINANCIAL MANAGEMENT AND GENEROUS FUNDRAISING SUPPORT. THE HEALTHY FINANCIAL POSITION HAS ENABLED THE SCHOOL TO MAINTAIN ITS EXTENSIVE NEED-BASED FINANCIAL AID PROGRAM THAT PROVIDES $5,139,825 TO 141 STUDENTS THROUGHOUT THE SCHOOL. THE SCHOOL HAS DEVELOPED A COMPREHENSIVE SCHOOL-WIDE DIVERSITY PLAN THAT IDENTIFIES INITIATIVES RELATED TO STUDENTS RECRUITMENT AND SUPPORT, PARENTS SUPPORT, SCHOOL LEADERSHIP, CURRICULUM FACULTY RECRUITMENT AND SUPPORT, PROFESSIONAL DEVELOPMENT AND COMMUNITY BUILDING THERE CONTINUES TO BE A SIGNIFICANT PROGRESS IN EACH AREA AS THE SCHOOL COMPLETES THE SEVENTH YEAR OF THE DIVERSITY PLAN. 35233864 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 80 0 1 327 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X ROBERT Z BRODY 9149254518 POST ROAD AND CEDAR STREET RYE NY 10580 LEE FLANAGAN PRESIDENT 4.00 X X 0 0 0 ANDREA SULLIVAN VICE PRESIDENT 3.00 X X 0 0 0 PETER CROWLEY TREASURER 2.00 X X 0 0 0 LAURA MATTSON SECRETARY 2.00 X X 0 0 0 LISA ALLEN BOARD MEMBER 1.00 X 0 0 0 BRAD ASNESS BOARD MEMBER 1.00 X 0 0 0 DR NINA CHEIGH BOARD MEMBER 1.00 X 0 0 0 KAREN COHN BOARD MEMBER 2.00 X 0 0 0 HILLARY COMORA BOARD MEMBER 1.00 X 0 0 0 EDWARD DUNN BOARD MEMBER 1.00 X 0 0 0 GREGG FELTON BOARD MEMBER 1.00 X 0 0 0 JEFF HAMMEL BOARD MEMBER 1.00 X 0 0 0 RICHARD KIM BOARD MEMBER 1.00 X 0 0 0 MICHELLE KROIN BOARD MEMBER 1.00 X 0 0 0 MICHAEL LAZAR BOARD MEMBER 1.00 X 0 0 0 TAMMY LEVINE BOARD MEMBER 1.00 X 0 0 0 SANFORD LOEWENTHEIL BOARD MEMBER 4.00 X 0 0 0 ERIC MEDOW BOARD MEMBER 1.00 X 0 0 0 DENNIS PARKER BOARD MEMBER 1.00 X 0 0 0 JUAN PUJADAS BOARD MEMBER 2.00 X 0 0 0 CINDY G ROSKIND BOARD MEMBER 1.00 X 0 0 0 JONATHAN RESNICK BOARD MEMBER 1.00 X 0 0 0 FERNANDO RIVAS BOARD MEMBER 1.00 X 0 0 0 VIK SAWHNEY BOARD MEMBER 1.00 X 0 0 0 KAREN SOBEL BOARD MEMBER 1.00 X 0 0 0 BIRGIT TOWNLEY BOARD MEMBER 1.00 X 0 0 0 LYNNE WOLITZER BOARD MEMBER 1.00 X 0 0 0 SCOTT A NELSON HEAD OF SCHOOL 50.00 X 465839 0 458168 ROBERT Z BRODY DIRECTOR OF FINANCE 45.00 X 238109 0 59322 MEREDITH DECHABERT MS PRINCIPAL/ASST HEAD 45.00 X 182931 0 135893 WENDY HAFT DIRECTOR OF ATHLETICS 45.00 X 161359 0 45194 ANN SULLIVAN ASSOCIATE HEAD 40.00 X 192309 0 39035 LYNETTE GIOFFRE DIRECTOR OF DEVELOPMENT 45.00 X 175554 0 47892 JEFFREY BATES DIRECTOR OF COLLEGE COUNSELING 40.00 X 160462 0 7823 1576563 0 793327 56 0 1 0 FLIK INTERNATIONAL PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 910378 SODEXO PO BOX 360170 PITTSBURGH PA 15261 JANITORIAL SERVICE 752457 COUNTY COACH PO BOX 261 RYE NY 10580 BUS SERVICE 262807 DHI CONSTRUCTION 3000 MARCUS AVENUE LAKE SUCCESS NY 11042 CONSTRUCTION 166950 TONY CASALE 1185 SAW MILL RIVER ROAD YONKERS NY 10706 CONSTRUCTION 123982 8 81768 838091 8829865 288581 9749724 TUITION 611600 32001150 32001150 ANCILLARY PROGRAMS 611600 3566427 3566427 EDUCATION AND GENERAL 611600 153405 153405 35720982 692436 362 692074 196441 34692 161749 161749 161749 3124830 3077409 47421 47421 47421 190697 81768 195929 -5232 -5232 MISCELLANEOUS 900099 7019 7019 7019 46374099 35720982 362 903031 5139825 5139825 1063293 1029990 33303 18432225 16350068 1722916 359241 996174 839908 129486 26780 2859622 2511434 288660 59528 1481731 1261990 188801 30940 75842 75842 54400 54400 28906 28906 235706 235706 1335322 1030775 245899 58648 111533 91189 20344 1805618 1337174 344485 123959 325778 278035 35259 12484 1428905 1145604 267201 16100 1359086 1356772 1699 615 997253 836305 105376 55572 2199221 2045959 150785 2477 231063 195015 36048 FOOD 974767 905000 22465 47302 41136270 35233864 5026207 876199 10704195 14606678 3139962 3434813 10595822 10800882 410806 477672 2500 429393 413479 788329 306716 87375789 33813179 52637236 53562610 40191423 41696561 11999872 8549554 130899538 133848965 3161105 2675477 11758369 11328745 1591223 2017764 16510697 16021986 X 69550375 69162172 21185597 22671700 23652869 25993107 114388841 117826979 130899538 133848965 X 5237829 -1795038 -4653 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 48432903 2339019 -1145987 2331689 47294246 45245542 6692500 -594709 343522 2566908 48432903 32838881 7432647 6169263 1195249 45245542 28181627 2915743 2760704 1019193 32838881 26208216 2517881 500042 1044512 28181627 0.33000 0.55000 0.12000 0 0 9532030 9532030 62365479 22544608 39820871 6474792 3563333 2913662 8638056 7705238 930615 365432 365432 53562610 ASSETS IN CHARITABLE REMAINDER TRUSTS 55143 F ALTERNATIVE INVESTMENTS 8494411 F 8549554 DEFERRED COMPENSATION 2017764 2017764 X 39242705 -1795038 30039 -1764999 41007704 226570 5139825 5366395 46374099 35804567 34692 34692 35769875 226570 5139825 5366395 41136270 PART V, LINE 4: INCOME FROM THE FOLLOWING ENDOWMENT BALANCES ARE EXPENDABLE TO SUPPORT THE FOLLOWING: ACTION PROGRAM- 448,751; FACULTY SUPPORT- 5,021,828; SCHOOL PROGRAMS- 7,887,552; SCHOLARSHIP- 5,858,464 AND CAPITAL CAMPAIGN 6,775,512. PART X, LINE 2: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2013 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 34,692. CHANGE IN VALUE IN BENEFICIAL INTEREST -4,653. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,139,825. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 34,692. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,139,825. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A NOTICE OF OUR POLICY ON NON-DISCRIMINATION IS ANNUALLY PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION WITHIN OUR GEOGRAPHIC REGION. IN ADDITION THE POLICY IS PRINTED IN OUR EDUCATIONAL MATERIALS AND OUR WEBSITE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES NEW YORK STATE AID MONIES FOR MANDATORY REPORTING SERVICES. CAYMAN ISLANDS INVESTMENTS 2578236 0 0 0 0 0 0 2578236 0 2578236 0 0 0 0 0 0 X 1 LESTER INC 19 BUSINESS PARK DRIVE BRANFORD CT 06405 PROFESSIONAL FUND RAISER 0 9706 5773 3933 9706 5773 3933 NY FALL BOOKFAIR 265040 81768 183272 10547 184890 SPRING BENEFIT 7425 7425 492 3 272465 81768 190697 10547 185382 195929 -5232 1 SCHOLARSHIPS FOR STUDENTS 141 5139825 PART I, LINE 2: FAMILIES WHO ARE IN NEED OF FINANCIAL AID ARE REQUIRED TO SUBMIT A FINANCIAL AID APPLICATION EVERY YEAR. THE APPLICATION CONSISTS OF COPIES OF THE PARENT(S)'S MOST RECENT FEDERAL TAX RETURN AND W-2, A FAMILY LETTER WHICH PROVIDES A BRIEF DESCRIPTION OF THE FAMILY'S FINANCIAL CIRCUMSTANCE AND A SIGNED 4506-T. ASIDE FROM THESE DOCUMENTS, FAMILIES ARE REQUIRED TO SUBMIT A COMPLETED PARENTS FINANCIAL STATEMENT (PFS) TO SCHOOL AND STUDENT SERVICES (SSS).SSS PROCESSES THE FAMILY'S PFS AND PROVIDES RYE COUNTRY DAY SCHOOL AID RECOMMENDATION.RYE COUNTRY DAY SCHOOL GRANTS AID TO FAMILIES BASED ON SSS ASSESSMENT AS WELL AS ON THE ADDITIONAL INFORMATION PROVIDED IN THE APPLICATION. X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 SCOTT A NELSON HEAD OF SCHOOL 464849 0 0 0 990 0 298168 0 160000 0 924007 0 0 0 ROBERT Z BRODY DIRECTOR OF FINANCE 237884 0 0 0 225 0 19147 0 40175 0 297431 0 0 0 MEREDITH DECHABERT MS PRINCIPAL/ASST HEAD 182781 0 0 0 150 0 55838 0 80055 0 318824 0 0 0 WENDY HAFT DIRECTOR OF ATHLETICS 142575 0 0 0 18784 0 11466 0 33728 0 206553 0 0 0 ANN SULLIVAN ASSOCIATE HEAD 189661 0 0 0 2648 0 27405 0 11630 0 231344 0 0 0 LYNETTE GIOFFRE DIRECTOR OF DEVELOPMENT 175419 0 0 0 135 0 9164 0 38728 0 223446 0 0 0 JEFFREY BATES DIRECTOR OF COLLEGE COUNSELING 132774 0 0 0 27688 0 2823 0 5000 0 168285 0 0 0 PART I, LINE 4B SCOTT A. NELSON PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN WHICH HE WAS NOT FULLY VESTED FOR $260,292. MEREDITH DECHABERT PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN WHICH SHE WAS NOT FULLY VESTED FOR $45,000. PART II LINE 1A: HOUSING IS PROVIDED AS A NONTAXABLE BENEFIT FOR SCOTT A NELSON, HEADMASTER AS A CONDITION OF EMPLOYMENT AND CONVENIENCE OF EMPLOYER. THE NONTAXABLE BENEFIT IS $160,000 WHICH IS 5% OF THE FAIR MARKET VALUE OF THE HOUSE. HOUSING IS PROVIDED AS A NONTAXABLE BENEFIT FOR MEREDITH DECHABERT, MS PRINCIPAL AND ASSISTANT HEAD AS A CONDITION OF EMPLOYMENT AND CONVENIENCE OF EMPLOYER. THE NONTAXABLE BENEFIT IS $68,425 WHICH IS 5% OF THE FAIR MARKET VALUE OF THE HOUSE. MEREDITH DECHABERT EMPLOYEE PERSONAL X 5000 0 0 1 SUSAN NELSON FAMILY MEMBER OF SCHOOL HEADMASTER SCOTT A. NELSON 111188 EMPLOYMENT 0 X 25 288581 SELLING PRICE 0 1 1 PART I, COLUMN (B): THE SCHOOL IS REPORTING THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE SECURITY BROKER SELLS THE SECURITIES. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL IS A MEMBERSHIP CORPORATION WHEREBY EACH PARENT OF A STUDENT HAS A VOTE. FORM 990, PART VI, SECTION A, LINE 7A EACH PARENT OF A STUDENT HAS A VOTE THAT CAN BE UTILIZED TO VOTE EITHER FOR OR AGAINST THE SLATE OF PROPOSED TRUSTEES IN A PROXY STATEMENT. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWED THE FORM 990 AND REPORTED TO THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES BEFORE THE RETURN WAS FILED WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE SHALL DISCLOSE TO THE PRESIDENT IF HE OR SHE IS AFFILIATED WITH ANY VENDOR OF GOODS OR SERVICES TO THE SCHOOL. NO MEMBER OF THE BOARD WHO IS A VENDOR OF GOODS OR SERVICES TO THE SCHOOL OR IS AFFILIATED WITH ANY VENDOR OF GOODS OR SERVICES TO THE SCHOOL SHALL VOTE ON, OR PARTICIPATE ON BEHALF OF THE SCHOOL IN THE ADMINISTRATION OF, ANY CONTRACT WITH SUCH VENDOR. SUCH MEMBER SHALL LEAVE ANY MEETING OF THE BOARD DURING THE TIME THE BOARD (OR ANY COMMITTEE THEREOF) IS DISCUSSING ANY ARRANGEMENT WITH SUCH A VENDOR. BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES SHALL ANNUALLY REAFFIRM THEIR AGREEMENT TO COMPLY WITH THE POLICY AND SHALL AT THAT TIME ADVISE THE PRESIDENT OF ANY AFFILIATION WITH ANY EXISTING OR PROPOSED VENDOR OF GOODS OR SERVICES IF SUCH AFFILIATION HAS NOT PREVIOUSLY BEEN DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15A AN EXECUTIVE COMPENSATION CONSULTANT IS HIRED ANNUALLY TO COMPARE THE HEADMASTER'S SALARY TO OTHER COMPARABLE SCHOOLS AND THEN SHARES THE DATA WITH THE COMPENSATION COMMITTEE. THE LAST PROCESS WAS DONE IN 2016. 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: CHANGE IN VALUE IN BENEFICIAL INTEREST -4,653. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.