2016-05-16T13:48:04-05:00 2015-06-30 205991824 SC&H TAX & ADVISORY SERVICES LLC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2014-07-01 521107876 ST ANDREW'S EPISCOPAL SCHOOL INC STAN 3019835200 8804 POSTOAK ROAD POTOMAC MD 20854 MARK MCKNIGHT CHIEF FINANCIAL OFFICER 3019835200 2016-05-16 1 LORI S BURGHAUSER P00370694 4104031500 2016-05-16 2014 2016-08-17 19:52:53Z ROBERT F KOSASKY 8804 POSTOAK ROAD POTOMAC MD 20854 22188363 0 X WWW.SAES.ORG X 1977 MD OPERATION OF A SCHOOL FOR 550 STUDENTS IN GRADES RANGING FROM PRESCHOOL THROUGH 12. 21 21 204 100 0 0 6978609 2932169 17281345 18311054 809164 703336 68125 139550 25137243 22086109 2427148 2817425 0 0 10861387 11174645 0 33770 685716 5402877 5969084 18691412 19994924 6445831 2091185 37566712 40905534 13828839 15826689 23737873 25078845 OPERATION OF A SCHOOL FOR 550 STUDENTS IN GRADES RANGING FROM PRESCHOOL THROUGH 12. 0 0 15386794 2817425 18311054 OPERATION OF A SCHOOL FOR 550 STUDENTS IN GRADES RANGING FROM PRESCHOOL THROUGH 12. 15386794 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 1 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 106 0 204 1 0 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 0 0 1 0 0 MD X MARK MCKNIGHT 3019835200 8804 POSTOAK ROAD POTOMAC MD 20854 SANDY HOROWITZ CHAIR 2.00 X X 0 0 0 ANTHONY J IZZO III VICE CHAIR 2.00 X X 0 0 0 BRADLEY R THAYER TREASURER 2.00 X X 0 0 0 MARTHA MARTIN SECRETARY 2.00 X X 0 0 0 ALFREDO ANTEZANA TRUSTEE 2.00 X 0 0 0 PETER ANTOCI TRUSTEE & BISHOP'S REPRESENTATIVE 2.00 X 0 0 0 SUSAN BIES TRUSTEE 2.00 X 0 0 0 OLIVER CARR TRUSTEE 2.00 X 0 0 0 RUDY CASASOLA TRUSTEE 2.00 X 0 0 0 MICHAEL DIPAULA-COYLE TRUSTEE 2.00 X 0 0 0 ELIZABETH DRUCKER TRUSTEE 2.00 X 0 0 0 THOMAS GRAVES TRUSTEE & PRES. OF ALUMNI COUNCIL 2.00 X 0 0 0 EVA KANUPKE TRUSTEE & PRESIDENT OF SAPA 2.00 X 0 0 0 SHEILA MAITH TRUSTEE 2.00 X 0 0 0 ARIS MARDIROSSIAN TRUSTEE 2.00 X 0 0 0 KEVIN MCSHANE TRUSTEE 2.00 X 0 0 0 KAREN SMITH TRUSTEE 2.00 X 0 0 0 DANIEL WAGNER TRUSTEE 2.00 X 0 0 0 BLAIR WATTERS TRUSTEE 2.00 X 0 0 0 ERIN M WRIGHT-GANDHI TRUSTEE 2.00 X 0 0 0 JAMES YOUNG TRUSTEE 2.00 X 0 0 0 ROBERT KOSASKY HEAD OF SCHOOL 40.00 X 380909 0 134370 MARK J MCKNIGHT CFO 40.00 X 141346 0 18784 ANNE B DUVALL DIRECTOR OF ADVANCEMENT 40.00 X 130598 0 14349 DAVID P BROWN ASST. HEAD OF SCHOOL 40.00 X 116549 0 69239 RODNEY M GLASGOW JR HEAD OF MIDDLE SCHOOL 40.00 X 113845 0 12337 GLENN E WHITMAN DIRECTOR OF CTTL, DEAN OF STUDIES 40.00 X 112303 0 26113 VIRGINIA J COBB HEAD OF UPPER SCHOOL 40.00 X 108955 0 9136 1104505 0 284328 10 0 1 0 LITTLE DIVERSIFIED ARCHITECTURAL CONSULT 5815 WESTPARK DRIVE CHARLOTTE NC 28217 ARCHITECTURAL 572356 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE 511340 REJOICE TRANSPORTATION PO BOX 641 CLINTON MD 20735 SHUTTLE SERVICE 325801 AMR-US INC 11821 PARKLAWN DR SUITE 204 ROCKVILLE MD 20852 CLEANING SERVICES 167530 NOBIS ENGINEERING INC 18 CHENELL DRIVE CONCORD NH 03301 CIVIL ENGINEERS 105997 5 56618 2875551 455109 2932169 TUITION & RELATED FEES 611710 17757058 17757058 SHUTTLE BUS FEES 611710 248910 248910 SUMMER PROGRAMS 611710 218383 218383 EXTENDED DAY FEES 611710 86703 86703 18311054 703336 703336 5178 0 5178 5178 5178 180834 56618 71646 109188 109188 46694 30608 16086 16086 OTHER INCOME 900099 9098 9098 9098 22086109 18311054 0 842886 2797747 2797747 19678 19678 675409 472787 168852 33770 8224369 5537577 2248263 438529 450185 323008 109980 17197 1203830 1059288 124997 19545 654622 469691 159924 25007 3321 2383 811 127 26500 19014 6474 1012 40959 40959 89944 64535 21973 3436 147588 86446 29434 31708 376759 270325 92042 14392 151825 108934 37091 5800 784760 563065 191717 29978 627 450 153 24 24550 1913 22535 102 242167 173755 59161 9251 1135156 814474 277319 43363 104081 74678 25427 3976 DEPARTMENT PROGRAMS 938106 900011 32944 5151 AUXILIARY SERVICES 868922 868922 OTHER PROGRAM EXPENSES 560674 309730 250944 STUDENT ACTIVITIES 261801 261801 211344 186582 21414 3348 19994924 15386794 3922414 685716 3043794 4902757 5424561 3254536 2559561 2691348 247488 355159 2000 0 48923 49099 249839 367612 28295077 10296254 15219019 17998823 10040354 10116869 293436 293436 437737 875895 37566712 40905534 771130 1852594 5393753 5609356 5677858 0 1189821 7855761 796277 508978 13828839 15826689 X 11145516 14200982 4085163 4620669 8507194 6257194 23737873 25078845 37566712 40905534 X 2091185 -660172 -90041 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11313459 -49992 1853671 9409796 10026515 2098377 942991 1754424 11313459 9586612 763603 323700 10026515 9532631 332382 23371 301772 9586612 8475655 280046 840430 63500 9532631 0.24030 0.66500 0.09470 0 0 3325261 3325261 15308786 5748883 9559903 3365620 2977691 387929 6295410 1569680 4725730 17998823 10116869 F 10116869 STUDENT DEPOSITS 178527 AGENCY ACCOUNTS 85913 DEFERRED COMPENSATION 244538 508978 X 18617839 -660172 30608 -629564 19247403 2838706 2838706 22086109 17276867 166651 166651 17110216 2884708 2884708 19994924 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF THE FOLLOWING: DESIGNATE FOR FUTURE PROGRAMS REPRESENT ASSETS THAT HAVE BEEN INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES FOR SPECIAL PURPOSES OUTSIDE OF NORMAL OPERATIONS. QUASI ENDOWMENT REPRESENTS TRANSFERS OF UNRESTRICTED NET ASSETS INVESTED FOR THE LONG TERM, THE INCOME FROM WHICH IS TO BE USED TO SUPPORT FACULTY SALARIES, SCHOLARSHIPS AND OTHER SPECIFIC PURPOSES. PERMANENTLY RESTRICTED NET ASSETS - INCOME AND GAINS EARNED ON THESE ASSETS ARE FOR GENERAL OR SPECIFIC PURPOSES AS STIPULATED BY THE DONORS. PART X, LINE 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE SCHOOL HAS CONSIDERED ITS INCOME TAX POSITIONS, INCLUDING ANY POSITIONS THAT MAY BE CONSIDERED UNCERTAIN BY THE RELEVANT TAX AUTHORITIES IN THE JURISDICTIONS IN WHICH THE SCHOOL OPERATES. AS OF JUNE 30, 2015, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURES AS A COMPONENT OF INCOME TAX EXPENSE. THE SCHOOL DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF JUNE 30, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE ON FORM 990 30,608. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION FINANCIAL AID NETTED WITH REVENUE ON FINANCIAL STATEMENT 2,797,747. INVESTMENT MANAGEMENT FEES NETTED WITH REVENUE ON FINANCIAL STATEMENT 40,959. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON EXTINGUISHMENT OF DEBT 127,736. COST OF GOODS SOLD NETTED WITH REVENUE ON FORM 990 30,608. CHANGE IN DISCOUNT ON UNCONDITIONAL PROMISES TO GIVE 8,307. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION FINANCIAL AID NETTED WITH REVENUE ON FINANCIAL STATEMENT 2,797,747. CHANGE IN CSV OF INTEREST RATE SWAP 42,612. INVESTMENT MANAGEMENT FEES NETTED WITH REVENUE ON FINANCIAL STATEMENT 40,959. RECOVERY OF UNCOLLECTIBLE UNCONDITIONAL PROMISES TO GIVE 3,390. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER ADVERTISEMENTS THROUGH THE ASSOCIATION OF INDEPENDENT MARYLAND SCHOOLS. 0 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES EDUCATIONAL TRIPS 81458 NORTH AMERICA 0 0 PROGRAM SERVICES EDUCATIONAL TRIPS 44235 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES EDUCATIONAL TRIPS 60746 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EDUCATIONAL TRIPS 22067 0 0 0 0 0 0 208506 0 208506 CENTRAL AMERICA AND THE CARIBBEAN TO PROVIDE SUPPORT FOR CONSTRUCTING A SCHOOL BUILDING AND WELL. 10000 WIRE TRANSFER 0 1 PROCEEDS FROM A HAITI ART SHOW/BENEFIT HOSTED AT ST. ANDREW'S EPISCOPAL SCHOOL CENTRAL AMERICA AND THE CARIBBEAN 1 9678 WIRE TRANSFER 0 0 0 0 0 0 GALA & AUCTION 237452 56618 180834 42911 28735 237452 56618 180834 42911 28735 71646 109188 1 NEED-BASED FINANCIAL AID 134 2797747 PART I, LINE 2: FINANCIAL AID IS BASED SOLEY UPON DEMONSTRATED NEED. THE FAMILY APPLIES FOR THE FINANCIAL AID BY COMPLETING THE UNIFORM SSS FORM AND SUBMITTING IT TO BOTH THE SCHOOL AND STUDENT SERVICES. NEW FINANCIAL AID APPLICANTS MUST SUBMIT THE ONE PAGE SAES APPLICATION, PARENTS' FINANCIAL STATEMENT (PFS), AND A COPY OF THEIR PRIOR YEAR TAX RETURNS BY JANUARY 15TH FOR THE UPCOMING SCHOOL YEAR. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT KOSASKY HEAD OF SCHOOL 378009 0 0 0 2900 0 30560 0 103810 0 515279 0 0 0 MARK J MCKNIGHT CFO 140986 0 0 0 360 0 0 0 18784 0 160130 0 0 0 DAVID P BROWN ASST. HEAD OF SCHOOL 116227 0 0 0 322 0 6878 0 62361 0 185788 0 0 0 PART I, LINE 1A ROBERT KOSASKY, HEAD OF SCHOOL, IS REQUIRED TO LIVE IN A HOUSE LOCATED ON THE SCHOOL'S PREMISES FOR THE SCHOOL'S CONVENIENCE AND AS A CONDITION OF EMPLOYMENT. THIS BENEFIT WAS VALUED TO BE $41,162 AND IS INCLUDED AS A NON-TAXABLE BENEFIT. IN ADDITION, THE SCHOOL PROVIDED A DISCRETIONARY SPENDING ALLOWANCE IN THE AMOUNT OF $2,257 FOR ORGANIZATIONAL RELATED EXPENSES AND OTHER EXPENSES TO SUPPORT BUSINESS EVENTS AT THE HEAD OF SCHOOL'S RESIDENCE. THESE EXPENSES ARE NOT CONSIDERED TAXABLE. X 19 418191 FMV X AUCTION ITEMS 269 36918 FMV 0 0 1 0 FORM 990, PART V, LINE 13A MD FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CONTROLLER, THE CHIEF FINANCIAL OFFICER, AND THE HEAD OF THE SCHOOL BEFORE FILING. IN ADDITION, PRIOR TO FILING THE FORM 990, A LINK TO A PASSWORD-PROTECTED WEBSITE WAS E-MAILED TO EACH MEMBER OF THE BOARD SO MEMBERS COULD REVIEW THE ENTIRE FORM 990 ONLINE. ALTHOUGH THE REVIEW COPY OF THE FORM 990 PROVIDED TO THE BOARD VIA THE WEBSITE EXCLUDES SCHEDULE B FOR PRIVACY REASONS, THE COMPLETE SCHEDULE B IS AVAILABLE TO THE BOARD MEMBERS UPON REQUEST IN THE OFFICE OF THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. SCHEDULE B IS ALSO INCLUDED IN THE COPY OF THE FORM 990 REVIEWED BY THE CONTROLLER, THE CHIEF FINANCIAL OFFICER, THE HEAD OF SCHOOL, AND THE BOARD'S AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR ACKNOWLEDGING THAT THEY HAVE READ AND WILL ABIDE BY THE POLICY. THE POLICY REQUIRES EACH TO DISCLOSE THE EXISTENCE OF ANY CONFLICT AND RECUSE THEMSELVES FROM REVIEW AND DISCUSSION AND ANY VOTE ON ANY MATTER DIRECTLY AFFECTED BY THE CONFLICT. THE EXECUTIVE COMMITTEE OF THE BOARD, IN CONJUNCTION WITH THE HEAD OF SCHOOL MONITOR SITUATIONS WHERE A POTENTIAL CONFLICT COULD EXIST AND WOULD BE CHARGED WITH ENFORCING (ADDRESSING THE CONFLICT WITH THE INDIVIDUAL AND ASKING THEMSELVES TO RECUSE). THE BOARD MEMBERS THEMSELVES HAVE THE FIDUCIARY RESPONSIBILITY OF ALERTING THE BOARD WHEN AN INSTANCE ARISES AS WELL. THE POLICY/STATEMENT IS ALSO PUT IN THE HARDCOPY BOARD OF TRUSTEE BINDERS THAT ARE PROVIDED TO THE TRUSTEES EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15A DETERMINATION OF THE HEAD OF SCHOOL'S COMPENSATION INCLUDES BOARD APPROVAL, USE OF COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. 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: LOSS ON EXTINGUISHMENT OF DEBT -127,736. REALIZED AND UNREALIZED GAINS ON INTEREST RATE SWAP 42,612. RECOVERY OF UNCOLLECTIBLE UNCONDITIONAL PROMISES TO GIVE 3,390. DECREASE IN DISCOUNT ON UNCONDITIONAL PROMISES TO GIVE -8,307. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.