2015-04-29T11:27:10-05:00 2014-06-30 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 40507 990 2013-07-01 610449657 SAYRE SCHOOL SAYR 8592541361 194 N LIMESTONE STREET LEXINGTON KY 40507 L BROOKS MCLAMB DIRECTOR OF FINANCE & OPERATIONS 8592541361 2015-04-28 1 KRING RAY FARLEY RIDDLE PSC P00067109 8592310541 2013 2016-03-07 17:11:31Z L BROOKS MCLAMB 194 N LIMESTONE STREET LEXINGTON KY 40507 16194797 0 X WWW.SAYRESCHOOL.ORG X 1854 KY INDEPENDENT SCHOOL 22 22 229 100 0 0 987474 1772788 9753163 10177801 98841 247671 160696 165766 11000174 12364026 1348642 1125498 0 0 5743082 5619063 0 0 33780 4001274 4734837 11092998 11479398 -92824 884628 27622922 28359949 8073468 7368189 19549454 20991760 INDEPENDENT CO-EDUCATIONAL COLLEGE PREPATORY DAY SCHOOL SERVING STUDENTS PRE-SCHOOL THROUGH TWELFTH GRADE 0 0 8843391 1125498 10312348 PRESCHOOL, ELEMENTARY, MIDDLE AND UPPER SCHOOL EDUCATION - 517 STUDENTS ENROLLED 8843391 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 20 0 1 229 1 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X X L BROOKS MCLAMB 8592541361 194 N LIMESTONE STREET LEXINGTON KY 40507 STEPHEN MANELLA HEADMASTER 40.00 X X 209560 0 46840 C CLAY GREEN TRUSTEE 1.00 X 0 0 0 CONSTANCE B BROTHERTON TRUSTEE 1.00 X 0 0 0 JUSTIN SAUTTER TRUSTEE 1.00 X 0 0 0 DUDLEY WEBB TRUSTEE 1.00 X 0 0 0 POPE MCLEAN JR TRUSTEE 1.00 X 0 0 0 ROBYN PETERMAN-ZAHN TRUSTEE 1.00 X 0 0 0 JUDGE WILSON II TRUSTEE 1.00 X 0 0 0 JULIUS P GARLINGTON TRUSTEE 1.00 X 0 0 0 JAMES BEN ALI HAGGIN VICE CHAIR 3.00 X X 0 0 0 RUDOLPH SCHMIDT CHAIRMAN 3.00 X X 0 0 0 MICHAEL M DAWAHARE TRUSTEE 1.00 X 0 0 0 HUGH A JAMES TRUSTEE 1.00 X 0 0 0 JAMES K THORNBERRY SECRETARY 3.00 X X 0 0 0 DANIA FAKHOURY TRUSTEE 1.00 X 0 0 0 KIMBERLY BAUGHMAN TRUSTEE 1.00 X 0 0 0 DAVID T GARRETT TRUSTEE 1.00 X 0 0 0 JUSTIN YANDELL TRUSTEE 1.00 X 0 0 0 CATHY JACOBS TRUSTEE 1.00 X 0 0 0 JAMES MILLER TREASURER 1.00 X X 0 0 0 KNOX VAN NAGELL PFISTER TRUSTEE 1.00 X 0 0 0 ANDREA TEW TRUSTEE 1.00 X 0 0 0 L BROOKS MCLAMB DIR. OF ADMIN 40.00 X 154945 0 32051 CLAYTON CHAMBLISS FORMER HEADMASTER 0.00 X 30000 0 0 394505 0 78891 2 1 1 0 FACILITIES MANAGEMENT SERVICES 4400 BISHOP LANE STE 108 LOUISVILLE KY 40218 JANITORIAL 127304 GORDON FOOD SERVICE 1856 PLAUDIT PL LEXINGTON KY 40509 FOOD SERVICE SUPPLIES 113899 2 1772788 142019 1772788 TUITION AND FEES 611600 9175380 9175380 STUDENT ACTIVITIES 611710 384785 384785 SUMMER PROGRAMS 611710 265793 265793 EXTENDED DAY PROGRAM 611710 146339 146339 PERSONAL LEARNING PROG. 611710 93929 93929 111575 111575 10177801 156943 156943 3786857 3696129 90728 90728 90728 256589 134642 121947 121947 MISCELLANEOUS INCOME 611710 43819 43819 43819 12364026 10312348 0 278890 X 1125498 1125498 4690299 3240311 1449988 65006 42234 22772 508290 369920 138370 355468 253193 102275 3067 3067 28346 28346 10763 10763 52915 52915 1785 1785 169841 156709 13132 197249 197249 4495 4495 2814 2814 201556 201556 919570 919570 92675 92675 FACULTY TUITION REMISSI 646770 469142 177628 INSTRUCTIONAL SUPPLIES 450317 450317 LUNCH PROGRAM - BUTTERY 366484 366484 STUDENT ACTIVITIES 352906 352906 1233284 899858 299646 33780 11479398 8843391 2602227 33780 674363 760528 661024 510693 122029 730504 76021 114616 22642 19663 184642 278860 31367213 12963887 18966456 18403326 6552063 5791237 314263 1704721 49419 45801 27622922 28359949 782000 817669 2190269 1998911 4781243 4279856 319956 271753 8073468 7368189 X 15361149 15791529 666616 1640493 3521689 3559738 19549454 20991760 27622922 28359949 884628 557678 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6866326 9745 778797 158910 7495958 7296779 4085 213933 648471 6866326 7246437 46580 230276 226514 7296779 6252243 312955 1115598 434359 7246437 5235837 215995 821271 20860 6252243 0.43240 0.47370 0.09390 1 0 1776156 1776156 26688552 10459078 16229474 2517267 2220712 296555 385238 284097 101141 18403326 SPDR S&P 500 ETF TRUST > 5% TOTAL ASSETS 1704721 F 1704721 DEFERRED COMPENSATION 271753 271753 13056347 557678 134643 692321 12364026 0 12364026 11614041 134643 134643 11479398 0 11479398 PART V, LINE 4: INVESTMENT INCOME FROM ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS AND ACADEMIC AWARDS, BUILDING CONSTRUCTION AND IMPROVEMENTS, AND TO OFFSET COSTS OF CERTAIN ACADEMIC ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 134,643. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 134,643. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN PRINTED MATERIALS DISTRIBUTED TO THE PUBLIC AND IN ADVERTISING IN AREA NEWSPAPERS AND SPECIAL INTEREST PUBLICATIONS. SPECTACULAR 192832 192832 63636 PARENTS COMMITTEE 35304 35304 42627 2 28453 28453 28379 256589 256589 134642 134642 121947 1 FINANCIAL AID FOR TUITION 135 1125498 FMV PART I, LINE 2: THE SCHOOL MAKES FUNDS AVAILABLE ON AN ANNUAL BASIS TO ASSIST PARENTS WHO DEMONSTRATE NEED IN MEETING THE COST OF AN INDEPENDENT SCHOOL EDUCATION. AFTER FILING AN ADMISSION APPLICATION WITH THE SCHOOL, FAMILIES MAY REQUEST A FINANCIAL AID APPLICATION WHICH REQUIRES THEM TO PROVIDE FINANCIAL INFORMATION TO BE CONSIDERED IN AWARDING AID. THE APPLICATION FOR FINANCIAL AID IS MAILED TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID FOR PROCESSING. THE SERVICE EVALUATES THE DATA PROVIDED AND FURNISHES THE SCHOOL WITH AN ESTIMATE OF ACTUAL NEED. THE SCHOOL USES THIS ESTIMATE IN DETERMINING THE AMOUNT OF AID TO BE PROVIDED. FINANCIAL AID IS AWARDED WITHOUT REGARD TO RACE, COLOR, RELIGION, NATIONAL OR ETHNIC ORIGIN. X X X X X 0 1 0 0 0 0 0 0 0 STEPHEN MANELLA HEADMASTER 189330 0 0 0 20230 0 0 0 46840 0 256400 0 0 0 L BROOKS MCLAMB DIR. OF ADMIN 135510 0 0 0 19435 0 0 0 32051 0 186996 0 24978 0 CLAYTON CHAMBLISS FORMER HEADMASTER 0 0 0 0 30000 0 0 0 0 0 30000 0 30000 0 PART I, LINE 4B CLAYTON C. CHAMBLISS - $30,000, L. BROOKS MCLAMB - $24,978 JUSTIN SAUTTER BOARD MEMBER 1012 PURCHASE FROM FARM OWNED BY BOARD MEMBER 0 X 8 116307 FMV X TRACTOR 1 13500 FMV X SMITHCO BUNKE 1 8000 FMV X CATERING 1 1082 FMV X ART DEPARTMEN 1 1000 FMV X GRADING & EXC 1 925 FMV X CAD DRAWINGS 1 500 FMV X BASEBALL FIEL 1 480 FMV X CUSTOM JEWELE 1 200 FMV X BOOK FOR LIBR 1 25 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS IS PRESENTED AS NUMBER OF DONORS. FORM 990, PART VI, SECTION A, LINE 7A BOARD OF TRUSTEES HAS A NOMINATING COMMITTEE WHICH INTERVIEWS THOSE INTERESTED IN JOINING THE BOARD. NOMINATING COMMITTEE RECOMMENDS NEW MEMBERS TO THE BOARD OF TRUSTEES FOR VOTE. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A COPY OF THE FORM 990 (OMITTING SCHEDULE B) IS MADE AVAILABLE TO TRUSTEES VIA BOARD PORTAL ON THE SCHOOL'S SECURED WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO SIGN WRITTEN DISCLOSURE STATEMENT CONCERNING ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. DIRECTORS ARE REQUIRED TO NOTIFY TRUSTEES IF CIRCUMSTANCES CHANGE DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE (COMPENSATION) COMMITTEE REVIEWS THE CONTRACT FOR HEADMASTER INCLUDING COMPARING CONTRACT TERMS WITH OTHER COMPENSATION ARRANGEMENTS FOR A SIMILAR POSITION IN OTHER INDEPENDENT SCHOOLS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S POLICY IS TO MAKE APPLICATION FOR TAX EXEMPTION AS WELL AS FORM 990 AVAILABLE FOR PUBLIC INSPECTION IN THE SCHOOL'S BUSINESS OFFICE DURING REGULAR HOURS OF OPERATION. DOCUMENTS ARE PROVIDED FOR REVIEW UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 24E UTILITIES: PROGRAM SERVICE EXPENSES 289,393. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 289,393. EQUIPMENT RENTAL & MAINTENANCE: PROGRAM SERVICE EXPENSES 77,223. MANAGEMENT AND GENERAL EXPENSES 125,283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 202,506. SUMMER CAMPS: PROGRAM SERVICE EXPENSES 177,331. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 177,331. EXTENDED DAY PROGRAM: PROGRAM SERVICE EXPENSES 111,273. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 111,273. PERSONAL LEARNING PROGRAM: PROGRAM SERVICE EXPENSES 95,238. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,238. TEXTBOOKS: PROGRAM SERVICE EXPENSES 76,392. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,392. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 40,153. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,153. DEVELOPMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 33,780. TOTAL EXPENSES 33,780. HOMEWORK CLINIC: PROGRAM SERVICE EXPENSES 31,855. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,855. AUTO EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 28,331. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,331. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 26,594. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,594. ADMISSIONS AND TESTING: PROGRAM SERVICE EXPENSES 24,479. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,479. PRINTING & PUBLICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,732. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,732. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14,992. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,992. PARKING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,610. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,610. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,478. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,478. COUNSELING AND SPECIAL STUDIES: PROGRAM SERVICE EXPENSES 3,881. MANAGEMENT AND GENERAL EXPENSES 6,993. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,874. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,622. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,622. TEACHER,STAFF & HEADMASTER RECRUITMENT: PROGRAM SERVICE EXPENSES 8,208. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,208. ACADEMIC SERVICES: PROGRAM SERVICE EXPENSES 4,585. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,585. PROFESSIONAL ADVANCEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,858. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,858. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,998. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,998. FACULTY APPRECIATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,002. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,002. FORM 990, PART XI, LINE 2C THE PROCESS OF REVIEWING AND APPROVING AUDITED FINANCIAL STATEMENTS BY THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES HAS NOT CHANGED FROM PRIOR YEARS