2016-11-14T08:06:13-06:00 2016-06-30 204989621 VERDEJA DE ARMAS & TRUJILLO LLP 255 ALHAMBRA CIR STE 560 CORAL GABLES FL 331347417 990 2015-07-01 590659070 RANSOM EVERGLADES SCHOOL INC RANS 3054608800 3575 MAIN HIGHWAY MIAMI FL 33133 JAMES COWGILL DIR. OF FIN. & OPER. 3054608899 2016-11-08 true OCTAVIO A VERDEJA P00640853 3054463177 2016-11-14 2015 2017-02-10 21:41:12Z STEPHANIE TOWNSEND 3575 MAIN HIGHWAY MIAMI FL 33133 51901792 false X WWW.RANSOMEVERGLADES.ORG X 1967 FL TO PROVIDE AN EDUCATIONAL ENVIRONMENT IN WHICH THE PURSUIT OF HONOR, ACADEMIC EXCELLENCE AND INTELLECTUAL GROWTH IS COMPLEMENTED BY CONCERN FOR THE PHYSCIAL, CULTURAL AND CHARACTER DEVELOPMENT OF EACH STUDENT. 32 32 523 827 0 9639000 10519352 37482481 39046415 1646810 673951 993129 728311 49761420 50968029 4625075 4916707 0 19668911 20245882 0 1243747 13658184 13869293 37952170 39031882 11809250 11936147 110755769 151165615 27566363 57198916 83189406 93966699 TO PROVIDE AN EDUCATIONAL ENVIRONMENT IN WHICH THE PURSUIT OF HONOR, ACADEMIC EXCELLENCE AND INTELLECTUAL GROWTH IS COMPLEMENTED BY CONCERN FOR THE PHYSCIAL, CULTURAL AND CHARACTER DEVELOPMENT OF EACH STUDENT. false false 28889345 4916707 37701392 INSTITUTION RUNS AN ACADEMIC SCHOOL PROGRAM WHICH INCLUDES A SCHOLARSHIP PROGRAM. THE LATTER PROVIDES FUNDS FOR STUDENTS WHO DEMONSTRATE A NEED FOR FINANCIAL ASSISTANCE. SEE SCHEDULE I, PART III AND PART IV FOR RECIPIENT DETAIL AND EXPLANATION ON HOW SCHOLARSHIP AWARDS ARE DETERMINED. 833490 1345023 INSTITUTION RUNS A SUMMER SCHOOL, CAMP AND DAY CARE PROGRAM. 29722835 true true false false false false false false false true true true false false true true true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 92 1 true 523 true false false false false false true true false false false false X 32 32 false false false false false false false true true false false true true true true true true true true false FL X X X JAMES T COWGILL 3054608800 3575 MAIN HIGHWAY MIAMI FL 33133 JULIE FRANKLIN TRUSTEE 1.00 X 0 0 0 CONSTANCE FERNANDEZ TRUSTEE 1.00 X 0 0 0 JONATHAN KISLAK TRUSTEE 1.00 X 0 0 0 GHISLAIN GOURAIGE TRUSTEE 1.00 X 0 0 0 MARIELA CISNEROS-MESTRE TRUSTEE 1.00 X 0 0 0 JONATHAN AWNER TREASURER 1.00 X X 0 0 0 RANDY GUMENICK TRUSTEE 1.00 X 0 0 0 AL DOTSON JR TRUSTEE 1.00 X 0 0 0 JOHN BOLDUC TRUSTEE 1.00 X 0 0 0 DR KERIN MCCARTHY FREDMAN TRUSTEE 1.00 X X 0 0 0 JEFF HICKS TRUSTEE 1.00 X 0 0 0 JENNIFER KENNEDY TRUSTEE 1.00 X 0 0 0 ELIZABETH MURPHY TRUSTEE 1.00 X 0 0 0 MARK MELAND TRUSTEE 1.00 X 0 0 0 MIRIAM ESTEVE TRUSTEE 1.00 X 0 0 0 RICHARD LEEDS TRUSTEE 1.00 X 0 0 0 MICHAEL MORAN TRUSTEE 1.00 X 0 0 0 RUDY PRIO-TOUZET TRUSTEE 1.00 X X 0 0 0 ANDREW L ANSIN TRUSTEE 1.00 X 0 0 0 ELIZABETH LEIGHT TRUSTEE 1.00 X 0 0 0 LAURA ROBERTS TRUSTEE 1.00 X 0 0 0 DAVID MCWILLIAMS TRUSTEE 1.00 X 0 0 0 JEFFREY MILLER TRUSTEE 1.00 X 0 0 0 JASON RUBELL TRUSTEE 1.00 X 0 0 0 SCOTT SREBNICK TRUSTEE 1.00 X 0 0 0 JEFFREY ROBERTS TRUSTEE 1.00 X 0 0 0 ERIC MENDELSON CHAIRMAN 1.00 X X 0 0 0 ELANA OBERSTEIN-HARRIS TRUSTEE 1.00 X 0 0 0 RICKY STOKES ALUMNI PRESI 1.00 X 0 0 0 HARRY H ANDERSON REPA PRESIDE 1.00 X 0 0 0 GARY TIE-SHUE TRUSTEE 1.00 X 0 0 0 ERIC BUERMANN TRUSTEE 1.00 X 0 0 0 STEPHANIE TOWNSEND HEAD OF SCHO 40.00 X 358823 0 71772 JAMES COWGILL DIR. OF FIN. 40.00 X 240650 0 32699 CLAUDE GRUBAIR DIRECTOR OF 40.00 X 184451 0 21937 RACHEL RODRIGUEZ HEAD OF MIDD 40.00 X 148879 0 21997 JOHN KING DIRECTOR OF 40.00 X 144600 0 21772 KENNETH MILLS INT. HEAD UP 40.00 X 135802 0 21999 DIANA MORALES CONTROLLER 40.00 X 128432 0 19572 AMY ZICHELLA DIR. OF ADMI 40.00 X 120223 0 20317 MICHAEL FERGUSON ASSO. HEAD O 40.00 X 265115 0 0 1726975 232065 9 true true false SAGE DINING SERVICES 1402 YORK ROAD STE 100 LUTHERVILLE MD 21093 CAFETERIA SERV. 1405998 BRYANT SECURITY CORP 16840 NE 19TH AVE NORTH MIAMI BEACH FL 33162 SECURITY SERV. 300949 EXECUTIVE PRINTERS OF FLORIDA 8001 NW 74 AVENUE MIAMI FL 33166 PRINTING 209782 ROCKSO CORP 7810 HAWTHORNE AVE MIAMI BEACH FL 33141 GROUND WORK 196712 GATORTRAX ADVENTURE TOURS INC 71 NE 97TH STREET MIAMI SHORES FL 33138 BUS SERVICES 150390 5 10519352 7000000 10519352 STUDENT TUITION & FEES 611710 37701391 37701391 SUMMER DAY CAMP 611710 967038 967038 SPORTS PROGRAM REVENUE 611710 151145 151145 CREW PROGRAM REVENUE 611710 125996 125996 SUMMER SCHOOL 611710 100845 100845 39046415 286614 286614 146992 146992 146992 146992 387337 387337 387337 387337 443596 181673 261923 261923 1066460 752090 314370 314370 OTHER INCOME 5026 5026 5026 50968029 39753148 695529 4916707 4916707 787552 488282 299270 169600 105152 64448 15236105 9069820 5558922 607363 1480803 882679 540997 57127 1402933 841542 515784 45607 1168889 697916 427755 43218 20382 20382 39100 39100 128737 128737 358199 222083 136116 1042321 361762 221725 458834 660459 644071 16388 2832330 2832330 310115 182841 112064 15210 172007 172007 43115 43115 3025423 3025423 1485270 1485270 ATHLETIC & ACADEMIC PROG. 2131593 2131593 FOOD SERVICES 1078186 1078186 BAD DEBT 323830 323830 SUMMER PROGRAMS 218226 218226 39031882 29722835 8065300 1243747 609474 1055213 23251686 31683236 8065489 6736770 360793 439647 254183 239997 1234746 1198646 117268298 34880660 49431054 82387638 17723758 17022651 9729073 9887911 95513 513906 110755769 151165615 1933612 2513176 24867123 26195372 28000000 765628 490368 27566363 57198916 X 57368632 66772162 6651886 6661923 19168888 20532614 83189406 93966699 110755769 151165615 11936147 -1158854 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27581498 3035031 -570700 1333553 28712276 28552017 211983 73971 1256473 27581498 25628145 458078 3652249 1186455 28552017 23489683 912292 2345572 1119402 25628145 23952269 798462 -246017 1015031 23489683 0.29840 0.69250 0.00910 false false 34549834 34549834 60888521 19422612 41465909 5194076 4558987 635089 16635867 10899061 5736806 82387638 ALTERNATIVE INVESTMENTS 9887911 F 9887911 OTHER LIABILITIES 410816 CAPITAL LEASES OBLIGATION 79552 490368 X 45826231 -1158854 -3982944 -5141798 50968029 50968029 35048938 -3982944 -3982944 39031882 39031882 SCHEDULE D, PAGE 2, PART V, LINE 4 THE PURPOSE OF THE ENDOWMENT FUND IS TO PROVIDE A VEHICLE FOR THE DEVELOPMENT OF THE ORGANIZATION, A RELATIVELY CONSTANT SOURCE OF ANNUAL INCOME, AND COVERAGE OF FUTURE AND UNEXPECTED NEEDS. SCHEDULE D, PAGE 3, PART X THE SCHOOL IS RECOGNIZED AS EXEMPT FROM INCOME TAXATION UNDER THE PROVISIONS OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. ORGANIZATIONS DESCRIBED IN THAT SECTION ARE TAXABLE ONLY ON THEIR UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED BUSINESS INCOME FROM THE YEARS ENDED JUNE 30, 2016 AND 2015. GAAP REQUIRES SCHOOL MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY IF THE SCHOOL HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE-LIKELY THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT, AS OF JUNE 30, 2016, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR THAT WOULD REQUIRE DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO FILE FORM 990 WHICH IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICES ("IRS") UP TO THREE YEARS FORM THE EXTENDED DUE DATE OF THE TAX RETURN. SCHEDULE D, PAGE 4, PART XI, LINE 2D COST OF SALES - BOOK STORE INVENTORY 752,090 AUCTION EXPENSES 181,673 FINANCIAL AID -4,916,707 SCHEDULE D, PAGE 4, PART XII, LINE 2D COST OF SALES - BOOK STORE INVENTORY 752,090 FINANCIAL AID -4,916,707 PARENTS ASSOCIATION EXPENSES 181,673 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 ALL NEWSPAPER AND BROADCAST MEDIA ADVERTISEMENTS PUBLICIZE, AS AN INTEGRAL PART OF THE SOLICITATION, THE SCHOOLS RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS. AUCTION 443596 443596 181673 443596 443596 181673 181673 261923 FL true EDUCATIONAL GRANTS 158 4916707 FMV SCHEDULE I, PAGE 1, PART I, LINE 2 RANSOM EVERGLADES SCHOOL FINANCIAL AID POLICY RANSOM EVERGLADES SCHOOL SHALL STRIVE TO ASSIST ALL ELIGIBLE STUDENTS IN SECURING THE FINANCES NECESSARY TO ATTEND THE SCHOOL THUS HELPING TO ENSURE DIVERSITY THROUGHOUT THE STUDENT BODY. GRANTS ARE NEED-BASED ONLY, AND GRANTS ARE CONTINGENT UPON THE FUNDS AVAILABLE AT THE TIME OF DISBURSEMENT, RANSOM EVERGLADES DOES NOT FUND SCHOLARSHIPS FOR ACADEMIC, ARTISTIC OR ATHLETIC PURPOSES. ALTHOUGH THE ADMISSION AND FINANCIAL AID PROCESSES ARE SEPARATE, THEY DO OCCUR SIMULTANEOUSLY. A FINANCIAL AID APPLICATION MAY BE REQUESTED AT ANYTIME; HOWEVER, REQUESTS ARE USUALLY MADE AT THE TIME OF THE INITIAL ADMISSION INQUIRY. IN ORDER TO BE CONSIDERED FOR FINANCIAL AID, A STUDENT MUST FIRST APPLY FOR ADMISSION TO RANSOM EVERGLADES SCHOOL AND BE ACCEPTED BY THE ADMISSION COMMITTEE. IN ORDER TO CONTINUE TO RECEIVE AID IN SUCCESSIVE YEARS, STUDENTS AWARDED FINANCIAL AID MUST MEET THE STANDARDS OF ACADEMIC AND DISCIPLINARY GOOD STANDING EXPECTED OF ALL STUDENTS IN THE SCHOOL. THE ANNUAL RENEWAL OF ANY GRANT IS NOT AUTOMATIC. GRANTS MAY BE DISCONTINUED OR AMOUNTS CAN VARY DEPENDING ON CHANGES IN PARENTS FINANCES AS DETERMINED BY THE CURRENT PFS AND IRS FORMS OR ON A STUDENTS TOTAL SCHOOL RECORD. APPLICATION PROCESS FAMILIES THAT WISH TO APPLY FOR FINANCIAL AID MUST COMPLETE AN ONLINE FINANCIAL AID APPLICATION AND SEND TO TUITION AID DATA SERVICES ("TADS") IN MINNEAPOLIS, MINNESOTA. IN ADDITION, EACH APPLICANT MUST SUBMIT COPIES OF CURRENT AND PREVIOUS IRS 1040'S AND W-2 FORMS. ALL FINANCIAL INFORMATION SUPPLIED SHALL BE HELD IN STRICTEST CONFIDENCE, ALL ADMISSION AND FINANCIAL AID DEADLINES MUST BE MET IN ORDER TO CONTINUE THE APPLICATION PROCESS. IN THE CASE OF A DIVORCED FAMILY, BOTH PARENTS ARE RESPONSIBLE FOR PROVIDING FINANCIAL INFORMATION TO DETERMINE NEED. DECISIONS ARE BASED ON THE DEMONSTRATED FINANCIAL ELIGIBILITY OF EACH FAMILY. PRIORITY OF CONSIDERATION SHALL BE: 1) CURRENT RANSOM EVERGLADES FAMILIES WHO ARE ALREADY RECEIVING FINANCIAL AID WHOSE CHILDREN ARE IN GOOD STANDING PROVIDING THEY HAVE RETURNED A RE-ENROLLMENT CONTRACT AND FILED ALL NECESSARY DOCUMENTS BY THE ANNOUNCED DEADLINE. 2) CURRENT RANSOM EVERGLADES FAMILIES WHO HAVE NOT PREVIOUSLY BEEN RECEIVING AID. 3) NEWLY ACCEPTED STUDENTS APPLYING FOR FINANCIAL AID. STUDENTS ADMITTED TO RANSOM EVERGLADES WHO ARE ELIGIBLE FOR AID WILL RECEIVE A LETTER IN THE SPRING WITH AN AWARD OFFER. THE FAMILIES MUST IMMEDIATELY RESPOND TO THE ACTION OF THE FINANCIAL AID COMMITTEE. LATE APPLICATIONS WILL BE CONSIDERED, PROVIDED THERE IS AVAILABILITY OF FUNDS. THE FINANCIAL AID COMMITTEE MAY BE REQUESTED TO REVIEW THE FINANCIAL AID GRANT BY FAMILIES WHO SEEK ADDITIONAL FUNDING. THE SCHOOL WILL REFRAIN AND DISCOURAGE OTHERS FROM TAKING ANY PUBLIC ANNOUNCEMENT OF THE AMOUNT OF FINANCIAL AID AWARDED TO A STUDENT. RANSOM EVERGLADES ADMITS STUDENTS OF ANY RACE, RELIGION, NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY AVAILABLE TO STUDENTS IN THE SCHOOL. IN THE ADMINISTRATION OF ITS FINANCIAL AID OR IN OTHER SCHOOL-ADMINISTERED PROGRAMS; THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, GENDER, NATIONAL OR ETHNIC ORIGIN. X true true X X X X X true false false false false false false false false STEPHANIE TOWNSEND HEAD OF SCHOOL 358823 71772 430595 JAMES COWGILL DIR. OF FIN. & OPER. 240650 32699 273349 CLAUDE GRUBAIR DIRECTOR OF ATHLETIC 184451 21937 206388 RACHEL RODRIGUEZ HEAD OF MIDDLE SCH 148879 21997 170876 JOHN KING DIRECTOR OF STUDIES 144600 21772 166372 KENNETH MILLS INT. HEAD UPPER SCH 135802 21999 157801 MICHAEL FERGUSON ASSO. HEAD OF SCHOOL 265115 265115 SCHEDULE J, PAGE 1, PART I, LINE 4 MICHAEL FERGUSON 265,115 0 0 X 1 7000000 FAIR MARKET VALUE false true false FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE & OPERATIONS, THE TREASURER, THE HEAD OF SCHOOL, THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C ON AN ANNUAL BASIS THE CONFLICT OF INTEREST QUESTIONNAIRE WILL BE ADMINISTERED TO MEMBERS OF THE BOARD TO DISCLOSE ANY INTEREST THAT MIGHT RESULT IN A CONFLICT OR THE APPEARANCE OF A CONFLICT. ALL INFORMATION REGARDING MEMBERS OF THE BOARD OF TRUSTEES WILL BE PROVIDED TO THE CHAIR OF THE COMMITTEE ON TRUSTEES IN A CONFIDENTIAL REPORT. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS/KEY EMPLOYEES INLCUDES THE USE OF COMPARABILITY DATA. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES APPROVES THE SALARY OF THE HEAD OF SCHOOL ONLY. FORM 990, PAGE 6, PART VI, LINE 15B THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS/KEY EMPLOYEES INLCUDES THE USE OF COMPARABILITY DATA. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES APPROVES THE SALARY OF THE HEAD OF SCHOOL ONLY. FORM 990, PAGE 6, PART VI, LINE 18 MADE AVAILABLE THROUGH WEBSITE (WWW.GUIDESTAR.ORG) AND UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC WHEN THESE DOCUMENTS ARE REQUESTED THROUGH THE CFO AT THE SCHOOL'S ADMINISTRATIVE OFFICES. FORM 990, PART XI, LINE 9 COST OF SALES - BOOK STORE INVENTORY 752,090 AUCTION EXPENSES 181,673 FINANCIAL AID -4,916,707 COST OF SALES - BOOK STORE INVENTORY -752,090 FINANCIAL AID 4,916,707 PARENTS ASSOCIATION EXPENSES -181,673