2025-11-14T13:16:50-06:00 2024-12-31 043728817 TRONCONI SEGARRA & ASSOCIATES LLP 8321 MAIN STREET WILLIAMSVILLE NY 14221 990 2024-01-01 844813183 BRYANT & STRATTON COLLEGE INC BRYA 7162507500 200 REDTAIL ROAD SYSTEMS OFFICE ORCHARD PARK NY 14127 CHRISTOPHER GERACE VP & CFO 7162507500 2025-11-14 1 0 ADAM P OHAR CPA P00844640 7166331373 2025-11-14 2024 2025-03-06 01:10:19Z DAVID VADEN 200 REDTAIL ROAD SYSTEMS OFFICE ORCHARD PARK NY 14127 307100546 0 X WWW.BRYANTSTRATTON.EDU X 2020 NY BRYANT & STRATTON COLLEGE IS A CHAMPION OF STUDENTS. THE COLLEGE PREPARES ITS STUDENTS FOR THEIR CAREER AND LIFE PURSUITS THROUGH PERSONALIZED LEARNING, CONVENIENT OPPORTUNITIES, AND A COMMITMENT TO EXCELLENCE. 8 6 2776 0 0 0 62924 72415 261062557 297605246 2000087 3870691 616547 812194 263742115 302360546 30629305 46606519 0 0 96596793 104692620 0 0 0 116942328 123420878 244168426 274720017 19573689 27640529 194531985 238683286 70904245 88146009 123627740 150537277 BRYANT & STRATTON COLLEGE IS A CHAMPION OF STUDENTS. THE COLLEGE PREPARES ITS STUDENTS FOR THEIR CAREER AND LIFE PURSUITS THROUGH PERSONALIZED LEARNING, CONVENIENT OPPORTUNITIES, AND A COMMITMENT TO EXCELLENCE. 0 0 190734251 46606519 291115164 THE COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION THAT PREPARES STUDENTS FOR FUTURE SUCCESS BY TEACHING BOTH CAREER SKILLS AND LIFE SKILLS, INCLUDING IMPORTANT INTANGIBLES LIKE CRITICAL THINKING, INTERPERSONAL SKILLS, PROBLEM SOLVING, TEAM WORK, AND TIME MANAGEMENT. BY PROVIDING THESE EXPERIENCES OUR STUDENTS WILL BE ABLE TO THRIVE AND REACH THEIR DESIRED FUTURE. 190734251 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 276 0 2776 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHRISTOPHER GERACE 7162507500 200 REDTAIL ROAD SYSTEMS OFFICE ORCHARD PARK NY 14127 DAVID VADEN PRESIDENT & CEO 55.00 X X 995415 0 32876 FRANCIS FELSER DIRECTOR - CHAIR 2.00 X 44000 0 0 ALEX BRNILOVICH JR DIRECTOR 1.00 X 39375 0 0 LILY GARCIA WALTON DIRECTOR - VICE CHAIR 1.00 X 36750 0 0 NICOLE TZETZO DIRECTOR 1.00 X 28000 0 0 JOHN RUTHERFORD DIRECTOR 1.00 X 25000 0 0 STACEY-ANN OKOTH DIRECTOR 1.00 X 26500 0 0 DR BRYANT H PRENTICE III DIRECTOR 1.00 X 0 0 0 CHRISTOPHER GERACE VP & CHIEF FINANCIAL OFFICER 55.00 X 476961 0 12036 ANNE LORIA EXECUTIVE VICE PRESIDENT 55.00 X 432078 0 29402 DAVID MEINTEL VP & CHIEF INFORMATION OFFICER 55.00 X 355171 0 12712 SCOTT TRAYLOR VP & ONLINE OPS, MKTG, ADMISSIONS 55.00 X 362462 0 19364 ALICIA KENNEY VP & CHIEF HR (THROUGH JUNE 2024) 55.00 X 118008 0 4867 JEFFREY TREDO MARKET DIRECTOR 55.00 X 197821 0 19550 LAURA VOELKL HEAD OF ACADEMIC AFFAIRS 55.00 X 194973 0 20124 CHRISTOPHER KEATON DIRECTOR OF STRGY., PLAN & ASMNT. 55.00 X 194847 0 7365 PAUL BAHR CAMPUS DIRECTOR 55.00 X 182174 0 24543 ELIZABETH MURPHY-ROLLINS MARKET DIRECTOR 55.00 X 181796 0 15370 3891331 0 198209 135 0 1 0 GOOGLE INC PO BOX 3900 DEPT 33654 SAN FRANCISCO CA 94139 MARKETING 26585018 ZETA GLOBAL CORP PO BOX 411090 BOSTON MA 02241 MARKETING 11153649 ATI SERVICES INC 11161 OVERBROOK ROAD LEAWOOD KS 66211 DIGITAL LEARNING 2076766 TRI DELTA RESOURCES CORP 15 NORTH ST CANANDAIGUA NY 14424 IT HARDWARE, SOFTWARE AND SVCS 1800676 MCGRAW HILL EDUCATION INC 1325 AVENUE OF THE AMERICAS NEW YORK NY 10019 TEXTBOOKS & DIGITAL LEARNING RESOURCES 1656081 100 72415 72415 TUITION REVENUE AND FEES 611310 290396858 290396858 INSTRUCTIONAL MATERIALS 611310 7302276 7302276 ROOM AND BOARD, NET 611310 -93888 -93888 297605246 3795712 3795712 4814979 4740000 74979 74979 74979 MISCELLANEOUS REVENUE 611310 812194 812194 812194 302360546 291115164 0 11172967 15001524 15001524 31604995 31604995 4089540 1038563 3050977 84373280 72577795 11795485 2674760 2301845 372915 6535622 5535679 999943 7019418 5865042 1154376 3500936 3500936 46844519 46844519 2448434 2342046 106388 4612887 3276335 1336552 14051384 7820674 6230710 687392 402003 285389 512351 239519 272832 252353 252353 8637594 3011945 5625649 743576 743576 UNCOLLECTIBLE ACCOUNTS 20412569 20412569 INSTRUCTIONAL EXPENSES 12190802 12190802 ATHLETIC EXPENSES 4548733 4548733 EMPLOYEE EDUCATION 1172581 1172581 2804767 1391601 1413166 274720017 190734251 83985766 0 38624298 69966351 2524815 2263416 4378136 4432800 1714544 1260093 2959708 3681197 54913582 27489257 28085757 27424325 21026041 42156533 59583123 57484119 35635563 30014452 194531985 238683286 10531862 14752415 0 15000000 11024888 14524928 49347495 43868666 70904245 88146009 X 123627740 150537277 123627740 150537277 194531985 238683286 X 27640529 -66283 -664709 X X 0 1 X 1 1 1 X 0 0 0 0 0 0 0 0 1 31680 31680 0 PART II-B, LINE 1: THE ORGANIZATION IS ALSO A MEMBER OF THE ASSOCIATION OF PRIVATE COLLEGES ("APC") WHICH REPRESENTS VARIOUS DEGREE-GRANTING COLLEGES ACROSS NEW YORK STATE. AS PART OF THEIR MEMBERSHIP, AMONG OTHER BENEFITS AND SERVICES, APC CONSULTS REGULARLY WITH STATE AND FEDERAL DECISION MAKERS AND ADVOCATES IN FAVOR OF LEGISLATION AND POLICIES THAT SUPPORT THE GOALS OF HIGHER EDUCATION AND PROTECT THE INTEREST OF THE MEMBERS' STUDENTS. TOTAL MEMBERSHIP DUES PAID TO APC DURING THE YEAR WERE $31,680. 33790725 15310002 18480723 21122857 12179255 8943602 27424325 SECURITY DEPOSITS 461171 OPERATING LEASE RIGHT-OF-USE ASSET 29553281 30014452 CAPITAL LEASE OBLIGATIONS 5624156 POSTRETIREMENT LIABILITIES 7590323 OPERATING LEASE OBLIGATION 30654187 43868666 270436915 -66283 -66283 270503198 31857348 31857348 302360546 243527378 664709 664709 242862669 31857348 31857348 274720017 PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REMOVED FROM NET TUITION 31,604,995. INTEREST EXPENSE SHOWN NET INTEREST INCOME ON FINANCIAL STATEMENTS 252,353. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL LOSS ON POST RETIREMENT BENEFIT OBLIGATION 664,709. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REMOVED FROM NET TUITION 31,604,995. INTEREST EXPENSE SHOWN NET INTEREST INCOME ON FINANCIAL STATEMENTS 252,353. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED IN ALL OF THE COLLEGE'S PAMPHLETS, CATALOGUES, BROCHURES AND OTHER PRINTED MATERIAL. THE POLICY IS ALSO VISIBLE ON THE COLLEGE'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL AID FROM VARIOUS FEDERAL AND STATE AGENCIES IN THE FORM OF STUDENT FINANCIAL AID. THE COLLEGE OPERATES UNDER A NON-DISCRIMINATION POLICY AND DISTRIBUTES FINANCIAL AID IN ACCORDANCE WITH SUCH POLICY. 1 THE PRENTICE FAMILY FOUNDATION 1805 OSCEOLA STREET JACKSONVILLE FL 32204 202557712 501(C)(3) 15000000 0 RESTRICTED GRANT FOR BENEFIT OF COLLEGE'S STUDENTS 1 STUDENT FINANCIAL AID PROGRAM 16731 31604995 PART I, LINE 2: GRANTS AND STUDENT FINANCIAL AID ARE PROVIDED TO STUDENTS MEETING THE ORGANIZATION'S CRITERIA. THE FUNDS ARE CREDITED TO EACH STUDENTS ACCOUNT AND THE OFFICE OF FINANCIAL AID IS RESPONSIBLE FOR MONITORING THE GRANTS AND EACH STUDENTS BALANCE. PART II, LINE 1: DURING THE YEAR ENDED DECEMBER 31, 2024, THE COLLEGE PLEDGED A GRANT TO THE PRENTICE FAMILY FOUNDATION IN THE AMOUNT OF $15,000,000, RESTRICTED FOR THE BENEFIT OF THE COLLEGE'S STUDENTS. THE GRANT IS EXPECTED TO BE PAID WITHIN ONE YEAR FROM THE AVAILABLE ASSETS OF THE COLLEGE. X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 DAVID VADEN PRESIDENT & CEO 538985 0 439386 0 17044 0 14201 0 18675 0 1028291 0 0 0 CHRISTOPHER GERACE VP & CHIEF FINANCIAL OFFICER 303118 0 173343 0 500 0 11986 0 50 0 488997 0 0 0 ANNE LORIA EXECUTIVE VICE PRESIDENT 256581 0 172312 0 3185 0 10727 0 18675 0 461480 0 0 0 SCOTT TRAYLOR VP & ONLINE OPS, MKTG, ADMISSIONS 226079 0 134638 0 1745 0 3715 0 15649 0 381826 0 0 0 DAVID MEINTEL VP & CHIEF INFORMATION OFFICER 226401 0 128770 0 0 0 12662 0 50 0 367883 0 0 0 JEFFREY TREDO MARKET DIRECTOR 196370 0 1267 0 184 0 3785 0 15765 0 217371 0 0 0 LAURA VOELKL HEAD OF ACADEMIC AFFAIRS 190047 0 1267 0 3659 0 6056 0 14068 0 215097 0 0 0 PAUL BAHR CAMPUS DIRECTOR 177310 0 1267 0 3597 0 6855 0 17688 0 206717 0 0 0 CHRISTOPHER KEATON DIRECTOR OF STRGY., PLAN & ASMNT. 179680 0 1267 0 13900 0 7317 0 48 0 202212 0 0 0 ELIZABETH MURPHY-ROLLINS MARKET DIRECTOR 180429 0 1267 0 100 0 6853 0 8517 0 197166 0 0 0 PART I, LINE 1A DAVID VADEN, PRESIDENT & CHIEF EXECUTIVE OFFICER, WAS PROVIDED A HOUSING AND AUTO ALLOWANCE BY THE ORGANIZATION. PART I, LINE 4B THE COLLEGE MAINTAINS A SECTION 457(F) DEFERRED COMPENSATION ARRANGEMENT FOR CERTAIN OFFICERS AND KEY EMPLOYEES LISTED BELOW. THE FOLLOWING OFFICERS AND KEY EMPLOYEES RECEIVED A DISTRIBUTION FROM THE 457(F) PLAN, INCLUDED IN REPORTABLE COMPENSATION, DURING THE YEAR ENDING DECEMBER 31, 2024. DAVID VADEN, PRESIDENT & CEO - $205,000 CHRISTOPHER GERACE, VICE PRESIDENT & CFO - $80,536 ANNE LORIA, EXECUTIVE VICE PRESIDENT - $79,864 SCOTT TRAYLOR, VP & ONLINE OPS, MKTG, ADMISSIONS - $61,721 DAVID MEINTEL, VP & CHIEF FINANCIAL OFFICER - $61,674 PRENTICE REALTY INC DIRECTORS OWN DIRECT AND INDIRECT MEMBERSHIP INTEREST IN ENTITY 1416995 THE ORGANIZATION LEASES TWO CAMPUS LOCATIONS FROM PRENTICE REALTY INC. MR. FELSER, CHAIRMAN OF THE BOARD, OWNS A DIRECT MEMBERSHIP INTEREST AND BRYANT H. PRENTICE, III, DIRECTOR, OWNS AN INDIRECT MEMBERSHIP INTEREST IN PRENTICE REALTY INC. 0 B&S ALBANY CAMPUS GROUP LLC DIRECTORS AND OFFICER OWN DIRECT MEMBERSHIP INTEREST IN ENTITY 344957 THE ORGANIZATION LEASES ONE CAMPUS LOCATION FROM B&S ALBANY CAMPUS GROUP LLC. BRYANT H. PRENTICE, III, DIRECTOR, MR. FELSER, CHAIRMAN OF THE BOARD, AND DAVID VADEN, PRESIDENT & CEO, OWN A DIRECT MEMBERSHIP INTEREST IN THE ENTITY. 0 BP SOUTHTOWNS CAMPUS LLC DIRECTOR OWNS DIRECT MEMBERSHIP INTEREST 271000 THE ORGANIZATION HAS LEASE AGREEMENTS FOR ITS TWO CAMPUSES IN ORCHARD PARK, NEW YORK WITH THREE LIMITED LIABILITY COMPANIES. ONE OF THE LIMITED LIABILITY COMPANIES, BP SOUTHTOWNS CAMPUS, LLC, WHICH HAS MINORITY OWNERSHIP OF EACH CAMPUS, IS CONTROLLED BY BRYANT H. PRENTICE, III, DIRECTOR.TOTAL PAYMENTS ALLOCATED TO BP SOUTHTOWNS CAMPUS, LLC FOR THE YEAR ENDED DECEMBER 31, 2024, WERE $271,000, CONSISTING OF $228,000 IN LEASE PAYMENTS AND $43,000 IN REAL ESTATE TAX REIMBURSEMENTS. 0 FORM 990, PART VI, SECTION A, LINE 2 MR. FELSER, DIRECTOR - CHAIR, AND DR. BRYANT H. PRENTICE, III, DIRECTOR, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS THE PRENTICE FAMILY FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATION SHALL HAVE TWO CLASSES OF DIRECTORS: CLASS A - THE CLASS A DIRECTORS SHALL BE ELECTED BY THE SOLE MEMBER (THE PRENTICE FAMILY FOUNDATION). THERE SHALL AT ALL TIMES BE TWO CLASS A DIRECTORS; CLASS B - THE CLASS B DIRECTORS SHALL BE ELECTED BY THE INDIVIDUALS WHO ARE THEN SERVING AS DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE PRENTICE FAMILY FOUNDATION, SOLE MEMBER OF BRYANT & STRATTON COLLEGE, INC. ("BSCI"), THROUGH MAJORITY VOTE OF ITS BOARD OF DIRECTORS, MUST APPROVE A RESOLUTION OF SALE OR DISSOLUTION OF BSCI BY ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE, AUDIT, AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE 990. AFTER REVIEW BY THE COMMITTEE, THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BODY REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY ANNUALLY TO ACKNOWLEDGE THE REQUIREMENT TO SELF-DISCLOSE ANY POTENTIAL CONFLICTS AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION ENGAGES A THIRD PARTY TO PERFORM A COMPENSATION SURVEY AND ALL COMPENSATION PACKAGES FOR THE OFFICERS ARE REVIEWED AND APPROVED BY THE ADMINISTRATION AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ACTUARIAL LOSS ON POST RETIREMENT BENEFIT OBLIGATION -664,709. FORM 990, PART XII, LINE 2C: THE FINANCE, AUDIT, AND COMPLIANCE COMMITTEE IS RESPONSIBLE FOR SELECTION OF INDEPENDENT ACCOUNTANTS AND OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT.