2017-05-12T15:04:56-05:00 2016-06-30 341912961 COHEN & COMPANY LTD OFFICES LISTED AT WWWCOHENCPACOM OH 44115 990 2015-07-01 381359080 THE GROSSE POINTE ACADEMY GROS 3138861221 171 LAKE SHORE ROAD GROSSE POINTE FARMS MI 48236 ROBERT J WANICKE JR DIR. OF FINANCE & OPERATIONS 3138861221 2017-05-12 1 STEVEN J GUARINI P00224264 8002291099 2017-05-12 2015 2021-01-29 14:40:06Z JOHN M MURPHY 187 COUNTRY CLUB DRIVE GROSSE POINTE FARMS MI 48236 5156704 0 X WWW.GPACADEMY.ORG X 1969 MI THE GROSSE POINTE ACADEMY IS AN INDEPENDENT, COEDUCATIONAL DAY SCHOOL SERVING CHILDREN IN EARLY SCHOOL THROUGH GRADE EIGHT. 21 21 92 200 -3408 -3408 614567 457146 3968911 4002645 331202 4682 346950 239397 5261630 4703870 838399 884294 0 0 3253785 3048441 0 0 327197 1733767 1590201 5825951 5522936 -564321 -819066 17835410 16993138 6914769 6891563 10920641 10101575 X THE MISSION OF THE GROSSE POINTE ACADEMY IS TO NURTURE THE POTENTIAL OF EACH CHILD, ALLOWING STUDENTS TO DISCOVER THEIR UNIQUE STRENGTHS AND PASSIONS IN AN ENVIRONMENT FRAMED BY CHRISTIAN VALUES. WE CHALLENGE STUDENTS TO ACHIEVE EXCELLENCE IN ACADEMICS, CHARACTER, ATHLETICS, AND THE ARTS. WE INSPIRE STUDENTS TO ACQUIRE SKILLS REQUIRED FOR THEIR FUTURE SUCCESS AND TO DEVELOP THE CONFIDENCE TO COMMUNICATE, CONTRIBUTE, AND LEAD. 0 0 4183233 884294 4703870 AN INDEPENDENT EDUCATIONAL INSTITUTION THAT PROVIDES AN ENVIRONMENT OF LEARNING FOR STUDENTS IN GRADES PRESCHOOL THROUGH EIGHT OF VARIOUS SOCIAL, ECONOMIC, RELIGIOUS, AND CULTURAL BACKGROUNDS. 4183233 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 1 0 0 0 0 0 0 0 0 1 52 0 1 92 1 1 1 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X ROBERT J WANICKE JR 3138861221 171 LAKE SHORE ROAD GROSSE POINTE FARMS MI 48236 DEBBIE BAGBY TRUSTEE 5.00 X 0 0 0 BRIDGET BEARSS RSCJ TRUSTEE 5.00 X 0 0 0 LINDSEY FORD BUHL TRUSTEE 5.00 X 0 0 0 JON B COTTON TRUSTEE 5.00 X 0 0 0 BRIAN A DEMKOWICZ TREASURER 5.00 X 0 0 0 JENNIFER FAUSTER VICE PRESIDENT 5.00 X X 0 0 0 HALI H GIESSLER TRUSTEE 5.00 X 0 0 0 RENEE JANOVSKY MEMBER AT LARGE 5.00 X 0 0 0 MARY JO JOHNSON TRUSTEE 5.00 X 1072 0 0 MICHAEL KELLY TRUSTEE 5.00 X 0 0 0 KIMBERLY KENDRICK TRUSTEE 5.00 X 0 0 0 TIFFANY KLAASEN TRUSTEE 5.00 X 0 0 0 JOHN M MURPHY PRESIDENT 5.00 X 0 0 0 CAROLE J PEABODY TRUSTEE 5.00 X 0 0 0 ANDREA PROVENZANO TRUSTEE 5.00 X 0 0 0 FRED ROLLINS TRUSTEE 5.00 X 0 0 0 ERICA THRASH-SALL TRUSTEE 5.00 X 0 0 0 FAY SAVAGE TRUSTEE 5.00 X 0 0 0 MARSHA THOMAS TRUSTEE 5.00 X 880 0 0 AMY TOMLINSON COMMITTEE ON TRUSTEES CHAIR 5.00 X 0 0 0 JACK VALENTE SECRETARY 5.00 X 0 0 0 ROBERT J WANICKE JR DIRECTOR OF FINANCE 40.00 X 95650 0 8230 LARS KUELLING HEAD OF SCHOOL - EX-OFFICIO 40.00 X 181938 0 47536 279540 0 55766 1 0 1 0 PLUM MARKET FOOD SERVICE LLC 30777 NORTHWESTER HWY SUITE 301 FARMINGTON HILLS MI 48334 FOOD SERVICE PROVIDER 227364 1 256210 200936 128210 457146 TUITION & FEES 611710 3876156 3876156 STUDENT SUPPORT SERVIC 611710 126489 126489 4002645 4682 4682 75445 78853 -3408 -3408 -3408 610609 256210 373981 236628 236628 MISCELLANEOUS INCOME 900099 6177 6177 6177 4703870 4002645 -3408 247487 884294 884294 461358 64978 364867 31513 2099619 1722991 296461 80167 56051 41100 12851 2100 260843 190152 54399 16292 170570 127218 35223 8129 6902 6902 23850 23850 49438 45938 3500 75767 4480 71287 32540 6383 13750 12407 165873 153114 4253 8506 25949 13959 6118 5872 122702 106906 9507 6289 393968 393008 320 640 55958 45371 4537 6050 PURCHASED SERVICES 102059 93900 4913 3246 FOOD & SUPPLIES 98505 83729 9851 4925 SUPPLIES 89780 70510 9780 9490 DUES AND SUBSCRIPTIONS 88069 73500 14074 495 258841 61702 66063 131076 5522936 4183233 1012506 327197 501 500 252205 522984 111775 6675 142965 99175 75729 77328 16868281 7425311 9789830 9442970 7381396 6775288 81009 68218 17835410 16993138 295739 178216 349155 234499 5840000 5840000 513621 429875 125227 6914769 6891563 X 7604303 6959233 2715536 2541540 600802 600802 10920641 10101575 17835410 16993138 -819066 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1429448 -17911 57370 1354167 1434119 58993 63664 1429448 6889602 238069 5693552 1434119 6720712 715545 546655 6889602 9062112 -7743 2333657 6720712 0.00000 0.44000 0.56000 0 0 200000 200000 15689332 6492080 9197252 943599 899981 43618 35350 33250 2100 9442970 PENSION AND POST-RETIREMENT OBLIGATION 125227 125227 X 3898429 78853 78853 3819576 884294 884294 4703870 4717495 78853 78853 4638642 884294 884294 5522936 PART V, LINE 4: THE ACADEMY'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. EARNINGS FROM GENERAL ENDOWMENT FUNDS FUND SCHOOL OPERATIONS. EARNINGS FROM THE ENDOWMENT SCHOLARSHIP FUND FUND SCHOLARSHIPS AND EARNINGS FROM THE FACULTY ENDOWMENT ARE RESTRICTED FOR FACULTY SCHOLARSHIPS. PART X, LINE 2: THE ACADEMY IS A NON-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE ACADEMY ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH GAAP, WHICH REQUIRE RECOGNITION OF AND DISCLOSURE RELATED TO UNCERTAIN TAX POSITIONS. AS OF AND DURING THE YEARS ENDED JUNE 30, 2016 AND 2015, THE ACADEMY DID NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN NET RENTAL INCOME 78,853. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 884,294. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN NET RENTAL INCOME 78,853. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 884,294. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ACADEMY PROVIDES A STATEMENT IN ALL BROCHURES AND ADS FOR ADMISSIONS/OPEN HOUSE INVITATIONS TO THE PUBLIC. AN ANNUAL NOTICE IS PLACED IN THE DETROIT FREE PRESS NEWSPAPER. THE GROSSE POINTE ACADEMY IS COMMITTED TO A DIVERSE POPULATION. ACTION AUCTION 866819 256210 610609 143715 32756 41459 156051 866819 256210 610609 143715 32756 41459 156051 373981 236628 1 TUITION REMISSION 18 187310 FORMULA 65% DISCOUNT ON EACH STUDENT. FINANCIAL AID 79 606000 NEED THIRD PARTY (FACTS) RECOMMENDATION. MULTIPLE STUDENT DISCOUNT 55 47124 FORMULA 5% DISCOUNT ON EACH ADDITIONAL CHILD. SCHOLARSHIPS 14 43860 CRITERIA STUDENT MEETS PREDETERMINED REQUIREMENTS. PART I, LINE 2: STUDENTS APPLY FOR FINANCIAL AID EACH YEAR. AMOUNTS ARE AWARDED BASED ON NEED AND ARE APPLIED DIRECTLY TO THE STUDENTS' TUITION ACCOUNTS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 LARS KUELLING HEAD OF SCHOOL - EX-OFFICIO 168593 0 0 0 13345 0 0 0 47536 0 229474 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS ASKED TO LIVE IN A HOUSE ON THE SCHOOL CAMPUS WITH HIS FAMILY WITHOUT CHARGE FOR THE BENEFIT OF THE SCHOOL. THE HEAD OF SCHOOL DOES NOT PAY THE TUITION FOR HIS CHILDREN ABOVE THE REMISSION AND OTHER DISCOUNTS AFFORDED ALL EMPLOYEES. THE TUITION IS TREATED AS TAXABLE INCOME. A MICHIGAN FINANCE AUTHORITY 800596186 2014-11-03 5840000 CAPITAL IMPROVEMENTS 0 0 0 A 5840000 85000 5840000 2007 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 0 A 0 X JEWELRY 13 46690 COST X ENTERTAINMENT 9 30060 COST X VACATION PACKAGES 8 26800 COST X ART 4 15250 COST X MISCELLANEOUS ITEMS 8 9410 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, FORM 01_OHIO WILL BE REVIEWED BY THE DIRECTOR OF FINANCE, HEAD OF SCHOOL, AND CHAIRMAN OF THE BOARD AS WELL AS DISTRIBUTED TO THE FINANCE COMMITTEE MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE GIVEN THE CONFLICT OF INTEREST POLICY AT THE ANNUAL BOARD OF TRUSTEES RETREAT AND ASKED TO SIGN AND RETURN. CONFLICT OF INTEREST QUESTIONNAIRES ARE MAINTAINED BY THE BUSINESS OFFICE. IN THE EVENT A BOARD MEMBER HAS A CONFLICT, IT WOULD BE NOTED AND THEY WOULD BE REQUESTED TO EXCLUDE THEMSELVES FROM ANY VOTE/DISCUSSION RELATIVE TO SAID CONFLICT. ALL EMPLOYEES MUST ALSO SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES' PRESIDENT RECEIVED INFORMATION FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS COMPARING TOTAL COMPENSATION AND BENEFITS FOR THE RESPECTIVE POSITIONS AT PEER SCHOOLS. THE PRESIDENT MAKES A RECOMMENDATION TO THE BOARD FOR THEIR APPROVAL FOR THE HEAD OF SCHOOL'S COMPENSATION. THE DETERMINATION AND DECISION REGARDING COMPENSATION WAS DOCUMENTED CONTEMPORANEOUSLY IN THE BOARD MINUTES. A NEW DIRECTOR OF FINANCE STARTED IN DECEMBER 2010 AND HIS COMPENSATION WAS DETERMINED BY THE HEAD OF SCHOOLS AND THE DIRECTOR OF FINANCE COMMITTEE USING THE SAME PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 01_OHIO, PART XII, LINE 2C: THE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE REVIEW. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.