2015-02-12T08:53:48-06:00 2014-06-30 BKD LLP 3605 McKnight East Drive Pittsburgh PA 152376400 990 2013-07-01 250965558 Sewickley Academy % JOHN DILLON SEWI 4127412230 315 Academy Avenue Suite Sewickley PA 15143 JOHN DILLON DIRECTOR OF FINANCE/OPERATIONS 4127412230 2014-11-14 true Stephen Heilman P00354011 4127412230 2013 2016-03-07 17:11:31Z KOLIA O'CONNOR 315 ACADEMY AVENUE SEWICKLEY PA 15143 24528088 false X www.sewickley.org X 1838 PA OPERATION OF A PRIVATE SCHOOL FOR EDUCATIONAL PURPOSES. 24 23 235 60 0 2039889 8008556 15580378 15909548 880 1886 319345 388205 17940492 24308195 1571819 1624507 0 0 11437581 11853664 0 0 711604 4934237 5058866 17943637 18537037 -3145 5771158 61925926 71531631 6896021 6335800 55029905 65195831 SEWICKLEY ACADEMY INSPIRES AND EDUCATES STUDENTS TO ENGAGE THEIR HEARTS, MINDS, AND HANDS TO CULTIVATE THIER FULL INDIVIDUAL AND COLLECTIVE POTENTIAL IN THE SERVICE OF A GREATER GOOD. false false 14424520 1624507 16047627 AS PITTSBURGH'S OLDEST CO-EDUCATIONAL COLLEGE PREPARATORY, INDEPENDENT DAY SCHOOL, SEWICKLEY ACADEMY PREPARES ITS OVER 710 STUDENTS FOR A LIFETIME OF SUCCESS BY INSPIRING THEM TO REACH THIER FULL POTENTIAL AS CURIOUS, COURAGEOUS, AND COMPASSIONATE LEARNERS. THE STUDENT BODY IS HIGHLY DIVERSE AND RESIDE IN VARIOUS SCHOOL DISTRICTS IN THE TRI-STATE AREA. EXCEPTIONAL PROGRAMS, SMALL CLASSES, AND TALENTED FACULTY HELP STUDENTS BECOME CONSCIENTIOUS LEADERS, CRITICAL THINKERS, AND RESPONSIBLE MEMBERS OF A GLOBAL COMMUNITY. THE ACADEMY'S COMMITMENT TO EDUCATIONAL EXCELLENCE IS EVIDENT IN 100% OF GRADUATES CONTINUING THIER EDUCATION AT A FOUR YEAR INSTITUTION. STUDENTS FROM THE CLASS OF 2014 WERE OFFERED MORE THAN $4.1 MILLION IN MERIT SCHOLARSHIPS AND 91% OF SENIORS WERE ADMITTED TO THEIR TOP-CHOICE COLLEGE OR UNIVERSITY. ADDITIONAL ACHIEVEMENTS CAN BE FOUND AT THE ACADEMY'S WEBSITE. 14424520 true true false false false false false false false true true true false false true false 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 39 0 true 235 true false false false false false false false false false false X 24 23 false false false false false false false true true false false true true true true true true true true false X JOHN DILLON 4127412230 315 ACADEMY AVENUE SEWICKLEY PA 15143 MR Kolia O'Connor HEAD OF SCHOOL 55.0 X X 302872 0 125518 Mrs Amy Simmons Sebastian CHAIR 1.0 X X Mrs Mary Mackey trustee 1.0 X Mrs Susie Humphrey Keller TRUSTEE 1.0 X Dr Claire Kendrick trustee 1.0 X MR DOUGLAS MCADAMS TRUSTEE 1.0 X MS GRETCHEN HANSEN TRUSTEE 1.0 X MR ERIC JOHNSON treasurer 1.0 X X MRS LOUANN TRONSBERG DEIHLE TRUSTEE 1.0 X DR ASHVIN RAGOOWANSI TRUSTEE 1.0 X MRS LORRAINE HOUSTON VICE CHAIR 1.0 X X MR BOBBY GORDON TRUSTEE 1.0 X DR AARON GRAND TRUSTEE 1.0 X MRS JENNA STEVENSON TRUSTEE 1.0 X MS REVATHI ADVAITHI TRUSTEE 1.0 X MS RACHEL LOREY ALLEN TRUSTEE 1.0 X MR MARK CLOUSE TRUSTEE 1.0 X MRS MARGIE SHIELDS GILFILLAN SECRETARY 1.0 X X MR JONATHAN GLANCE PRESIDENT OF ALUMNI COUNCIL 1.0 X MRS KRISTEN HAMMEL TRUSTEE 1.0 X MRS MONA MATSON PRESIDENT OF HOME & SCHOOL 1.0 X MR PAUL O'NEILL X MS HELEN RHO TRUSTEE 1.0 X MR JEFF HENNION TRUSTEE 1.0 X MR John Dillon DIR OF FIN & OPS 55.0 X 151672 0 13175 MR MARK HANSEN HEAD OF LOWER SCHOOL 55.0 X 106419 55694 MR Win Palmer Athletic Director 55.0 X 120818 0 18285 MR JEFF ZEMSKY head of middle school 55.0 X 103317 39564 mr JON CASSIE head of senior high school 55.0 X 112471 14177 MR TIM HASTINGS DIRECTOR OF BLDG AND GROUNDS 55.0 X 111059 11227 MS JOAN CUCCINOTTA ENGLISH TEACHER 55.0 X 109013 14531 1117641 0 292171 8 false true false HUCKESTEIN MECHANICAL SER INC 46A SOUTH LINDEN STREET DUQUESNE PA 15110 HVAC SERVICING 127358 STA-CORAOPOLIS 200 KENDELL STREET CORAOPOLIS PA 15108 STUDENT TRANSPORT 190501 GLANCE ASSOCIATES INC 429 FORBES AVE SUITE 1404 PITTSBURGH PA 15219 ARCHITECTURAL 721542 MOSITES CONSTRUCTION CO 4839 CAMPBELLS RUN ROAD PITTSBURGH PA 15205 CONSTRUCTION 527600 DELL MARKETING LP PO BOX 643561 PITTSBURGH PA 15250 TECHNOLOGY 212732 8 88326 7920230 592585 8008556 Tuition 611600 15456345 15456345 Activities & Special Fees 611600 435562 435562 MISC REVENUE 900099 17641 17641 15909548 1886 1886 0 0 82389 19737 62652 0 62651 62651 0 348239 98113 250126 250126 0 177471 102043 75428 75428 0 24308195 16047627 252012 0 1624507 1624507 0 0 0 0 9651850 7834614 1389314 427922 578047 339111 214142 24794 920547 584910 297235 38402 703220 407696 263341 32183 0 15811 15811 43806 43806 0 0 1374 1374 53344 16560 36784 219485 15023 193457 11005 446552 258982 155692 31878 184236 184236 3481 3481 880194 880194 33349 33130 219 0 51358 38881 5472 7005 166816 166816 0 1196458 1196458 117163 117163 EDUCATIONAL CLASSROOM 744201 418989 324636 576 Athletic Program 185446 185446 PROFESSIONAL DEVELOPMENT 165079 165079 Other Expense 415735 149984 164915 100836 134978 85502 49476 18537037 14424520 3400913 711604 856 1015 2722686 5976863 526392 3407987 95799 120191 0 0 0 0 0 0 121825 151056 26692 41472 43481983 17717629 25177229 25764354 0 0 33254447 36068693 0 0 0 0 0 0 61925926 71531631 1660782 1688562 0 0 265965 155640 4500000 4100000 0 0 0 0 0 0 0 0 469274 391598 6896021 6335800 X 50278626 57451884 1572633 4547458 3178646 3196489 55029905 65195831 61925926 71531631 X 5771158 4317092 77676 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33175230 67670 4317092 1547698 36012294 30469653 334690 3789420 1418533 33175230 32871340 72855 -685181 1789361 30469653 27863048 1356060 5339834 1687602 32871340 24006196 2322493 3019525 1485166 27863048 0.88080 0.03050 0.08870 false false 236486 975552 1212038 1011938 31915980 15196933 17730985 20000 2851878 1659733 1212145 6470149 860963 5609186 25764354 CASH & CASH EQUIVALENTS 46399 F PRIVATE EQUITY SECURITIES 10000 F TIFF MULTI ASSET FUND 36012294 F 36068693 0 INTEREST RATE SWAP AGREEMENT 391598 391598 X 27196306 4317092 -1428981 2888111 24308195 24308195 17030380 117850 117850 16912530 1624507 1624507 18537037 FORM 990, SCHEDULE D, PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE FINANCIAL SUPPORT TO THE ACADEMY FOR OPERATIONS AND CAPITAL PROJECTS. FORM 990, SCHEDULE D, PART X, LINE 2: MANAGEMENT HAS EVALUATED THIER INCOME TAX POSITIONS UNDER GUIDANCE INCLUDED IN ASC 740. BASED ON THIER REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, LINE 2D: SPECIAL EVENT EXPENSES: 98,113 UNREALIZED INTEREST RATE SWAP ADJUSTMENT 77,676 FINANCIAL AID & REMISSION -1,624,507 RENTAL EXPENSES 19,737 TOTAL TO SCHEDULE D, PART XI, LINE 2D -1,428,981 FORM 990, SCHEDULE D, PART XII, LINE 2D: SPECIAL EVENT EXPENSES 98,113 RENTAL EXPENSES 19,737 TOTAL TO SCHEDULE D, PART XII, LINE 2D 117,850 FORM 990, SCHEDULE D, PART XII, LINE 4B: FINANCIAL AID & REMISSION 1,624,507 true true true true true true true false false false false false false false false false false true FORM 990, SCHEDULE E, PART I, LINE 3: Brochures, catalogues, announcements and scholarship forms are on file at the academy and are available for submission upon request. DO YOU DREAM IN 348239 348239 28465 69648 0 348239 348239 28465 69648 98113 250126 true FINANCIAL AID 99 949285 FMV TUITION REMISSION 53 675219 FMV FORM 990, SCHEUDLE I, PART IV: THE GRANTS TO INDIVIDUALS REPRESENT TUITION SCHOLARSHIPS AND REMISSION GRANTED BY THE ACADEMY TO A SELECTION OF STUDENTS. THE ACADEMY DETERMINES ELIGIBILITY FOR SCHOLARSHIPS BASED ON ACADEMIC ABILITY AND FINANCIAL NEED OF THE STUDENT, AS WELL AS THE BUDGETED REVENUES AND EXPENSES OF THE ACADEMY. NO FURTHER MONITORING OF THE FUNDS ARE REQUIRED AS NO SPECIFIC REQUIREMENTS ARE APPLICABLE OTHER THAN THE STUDENT'S CONTINUED ADMISSION WITHIN THE ACADEMY. X X true true X X X X false false false false false false false false false MR John Dillon DIR OF FIN & OPS 151672 0 0 0 0 0 10411 0 2764 0 164847 0 0 0 MR Kolia O'Connor HEAD OF SCHOOL 302872 0 0 0 0 0 17850 0 107668 0 428390 0 0 0 MR MARK HANSEN HEAD OF LOWER SCHOOL 106419 0 0 8109 47585 162113 0 X 88326 cost X 5 504259 FMV false false false FORM 990, PART VI, SECTION B, LINE 11: FORM 990 IS SUBMITTED TO THE DIRECTOR OF FINANCE & OPERATIONS AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: BUSINESS OFFICE AND HEAD OF SCHOOL OFFICE ARE AWARE OF POTENTIAL CONFLICTS AND MONITOR DURING NORMAL COURSE OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 15: THE BUSINESS OFFICE PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ON HEADS OF SCHOOLS ANNUALLY. FORM 990, PART XI, LINE 9: UNREALIZED INTEREST RATE SWAP ADJUSTMENT 77,676 FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.