2014-02-04T10:21:28-06:00 2013-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2012-07-01 131635257 The Chapin School Ltd % JAY MATHEWS C/O THE SCHOOL CHAP 2124724690 100 EAST END AVENUE Suite NEW YORK NY 10028 Jay Matthews 2125704984 2014-02-04 true JULIE FLOCH 2129498700 2012 2015-11-30 17:44:51Z PATRICIA HAYOT HEAD OF SCHOOL 100 EAST END AVENUE NEW YORK NY 10028 56718543 false X WWW.CHAPIN.EDU X 1929 NY The Chapin School is an independent day school for young women in grades K through 12. Chapin is committed to preparing women to thrive and lead through academic excellence, integrity and responsibility. 23 23 260 150 0 6496261 7383744 26741618 27733115 5401364 5347205 150320 117130 38789563 40581194 4368094 4706854 0 0 17905227 20002925 23000 25000 1413839 13866011 11607457 36162332 36342236 2627231 4238958 195472348 194445946 46484868 32682973 148987480 161762973 THE CHAPIN SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR YOUNG WOMEN IN GRADES K THROUGH 12. CHAPIN IS COMMITTED TO PREPARING YOUNG WOMEN TO THRIVE AND LEAD THROUGH THE PURSUIT OF ACADEMIC EXCELLENCE, PERSONAL INTEGRETY AND COMMUNITY RESPONSIBILITY. false false 24957988 4706854 27733115 THE SCHOOL MEETS THE EDUCATIONAL NEEDS OF APPROXIMATELY 730 STUDENTS FROM KINDERGARTEN THROUGH 12TH GRADE, WITH AN INSTRUCTIONAL STAFF OF 123 AND ADDITIONAL SUPPORT OF 69 EMPLOYEES. GRANTS ARE GIVEN BY THE SCHOOL IN THE FORM OF FINANCIAL AID TO ELIGIBLE STUDENTS. DURING THE SCHOOL YEAR ENDED JUNE 30, 2013, 151 ELIGIBLE STUDENTS WERE AWARDED SUCH SCHOLARSHIPS. 24957988 true true false false false false false false false true true true false false true true true false true false true false false true false false false false true true true false false false false false true false false false false true false false false false false false false false true 58 0 260 true false false false false false false false false false false X 23 23 false false false false false false false true true false false true true true true true true true true false NY X JAY MATHEWS CO THE SCHOOL 2124724690 100 EAST END AVENUE NEW YORK NY 10028 X LINDEN HAVENMEYER WISE 15.0 X X 0 0 0 LINDA B BRANDI 5.0 X X 0 0 0 JAMES MARTIN 5.0 X X 0 0 0 JOSEPH L RICE 5.0 X X 0 0 0 TANYA RYK FRIEDMAN 5.0 X X 0 0 0 ROBERT BAYNARD 2.0 X 0 0 0 JESSIE M BELLER 2.0 X 0 0 0 LEEANN BLACK 5.0 X 0 0 0 SCOTT L BOK 2.0 X 0 0 0 LISA HESS 2.0 X 0 0 0 LEA PAINE HIGHET 5.0 X 0 0 0 SANDRA J HORBACH 2.0 X 0 0 0 MONA ABOELNAGA KANAAN 2.0 X 0 0 0 FRANK R MORI 2.0 X 0 0 0 NIRMAL NARVEKAR 2.0 X 0 0 0 LINDA GOSDEN ROBINSON 2.0 X 0 0 0 STUART ROTHENBERG 5.0 X 0 0 0 JERRY THOMAS III 5.0 X 0 0 0 ROSEMARY H YEOH 2.0 X 0 0 0 SUE RYEOM 5.0 X 0 0 0 BURWELL SCHORR 2.0 X 0 0 0 LAWRENCE NEUBAUER 2.0 X 0 0 0 SHELLEY SPORLEDER CARR 2.0 X 0 0 0 PATRICIA HAYOT 50.0 X 411255 0 134053 JAY MATHEWS 50.0 X 243360 0 36880 MARY JO QUIGLEY 40.0 X 199689 0 31123 MARY RAFFERTY 40.0 X 171293 0 27359 THOMAS PALERMO 40.0 X 167004 0 27836 IILANA PERGAM 40.0 X 168396 0 26671 ANNE BORLAND 40.0 X 181497 0 28401 1542494 0 312323 34 false true false FRED BRENOWITZ 309 VISTA DRIVE JERICHO NY 11753 BUILDING MAINTENANCE 1230082 OXFORD HEALTH PLANS 48 MONROE TPKE TRUMBULL CT 06611 HEALTH INSURANCE 1490580 ARAMARK CORPORATION PO BOX 7790-4230 PHILADELPHIA PA 19182 FOOD SERVICE 1184887 ABM JANITORIAL SVCS NEAST INC PO BOX 1534 NEW YORK NY 100081534 JANITORIAL SERVICE 980818 CONSOLIDATED EDISON COMPANY PO BOX 1702 NEW YORK NY 101161702 UTILITIES 442083 16 126654 7257090 775771 7383744 TUITION INCOME 611710 26578085 26578085 LUNCHROOM INCOME 611710 1114590 1114590 APPLICATION FEE INCOME 611710 40301 40301 OTHER STUDENT SERVICES 611710 139 139 27733115 1758859 1758859 0 0 15400 15400 0 15400 15400 19645482 16057136 3588346 3588346 3588346 0 0 143695 80213 63482 63482 OTHER INCOME 900099 38248 38248 38248 40581194 27733115 5464335 0 4706854 4706854 0 0 2511040 1188418 1026222 296400 0 13384970 8485981 4468179 430810 1332768 876414 390475 65879 1690294 941157 678392 70745 1083853 712730 317548 53575 0 77337 77337 76213 76213 0 25000 25000 213200 213200 545973 545973 35732 35732 1178002 171069 787814 219119 71247 71247 0 640170 567000 36585 36585 34390 34390 0 140745 140745 1395915 1144651 209387 41877 0 2709047 2221419 406357 81271 168465 168465 OTHER INSTRUCTIONAL EXPENSE 1072296 1072296 LUNCH ROOM EXPENSE 1163441 1163441 BUILDING AND MAINTENANCE 1894827 1553757 284224 56846 MISCELLANEOUS 108903 108903 81554 81554 36342236 24957988 9970409 1413839 681483 470655 4447711 5050978 12231184 10567894 435456 444862 500000 500000 0 0 0 0 0 0 276752 266403 91799914 31230015 61490956 60569899 99653352 99834114 14267226 15277469 0 0 0 0 1488228 1463672 195472348 194445946 3533063 4944681 0 0 4294725 4205277 38080000 23075000 0 0 0 0 0 0 0 0 577080 458015 46484868 32682973 X 132629304 146806090 13372108 11920815 2986068 3036068 148987480 161762973 195472348 194445946 4238958 8536535 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36723686 50000 11954854 5159000 43569540 35646401 40000 5552285 4515000 36723686 30742104 9098297 4194000 35646401 31076062 40000 3690042 4064000 30742104 43644304 40000 -8436384 4171858 31076062 0.93030 0.06970 false false 1264097 1264097 80489272 24007784 56481488 9806736 7222231 2584505 239809 0 239809 60569899 OFFSHORE HEDGE FUNDS 15277469 F 15277469 0 POST RETIREMENT BENEFIT OLIBGA 95000 AND ANNUITY INCOME GIFTS 171752 ACCRUED BOND INTEREST 191263 458015 X 44277888 8536535 80213 8616748 35661140 213200 4706854 4920054 40581194 31502395 80213 80213 31422182 213200 4706854 4920054 36342236 SCHEDULE D PART V LINE 4 USE OF ENDOWMENT FUNDS The School's Endowment Funds provide a predictable stream of funding to programs supported by its endowment, while seeking to maintain the purchasing power of the endowment. SCHEDULE D PART X LINE 2 INCOME TAX UNCERTAINTIES THE SCHOOL IS SUBJECT TO THE PROVISIONS OF ASC TOPIC 740-10-05, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE SCHOOL'S GENERAL-TAX EXEMPT STATUS, ASC TOPIC 740-10-05 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. SCHEDULE D PART XI LINE 2D OTHER REVENUE INCLUDED IN FINANCIAL STATEMENTS NOT INCLUDED ON FORM 990 BOOK STORE EXPENSE $ 80,213 SCHEDULE D PART XI LINE 4B AMOUNTS INCLUDED IN FORM 990 NOT INCLUDED IN FINANCIAL STATEMENTS SCHOLARSHIP EXPENSE $ 4,706,854 SCHEDULE D PART XII LINE 2D OTHER EXPENSE INCLUDED IN FINANCIAL STATEMENTS NOT INCLUDED IN FORM 990 BOOK STORE EXPENSE $ 80,213 SCHEDULE D PART XII LINE 4B EXPENSES INCLUDED ON FORM 990 NOT INCLUDED IN FINANCIAL STATEMENTS SCHOLARSHIPS $ 4,706,854 true true true true true true true false false false false false false false false true false true SCHEDULE E PART I LINE 3 PUBLICATION OF NONDISCRIMINATORY POLICY THE SCHOOL MAKES ALL INTERESTED PARTIES AWARE OF ITS NONDISCRIMINATION POLICY THROUGH NEWSPAPER ADVERTISEMENT, BROCHURES AND OTHER MEDIA. SCHEDULE E PART 1 LINE 6A ASSISTANCE FROM GOVERNMENT THE SCHOOL RECEIVED FINANCIAL ASSISTANCE FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR MANDATED SERVICES. THE FINANCIAL ASSISTANCE AMOUNTED TO $126,654. Central America and the Caribbean Investments NONE 15277469 15277469 15277469 false false false false false false X X X X X true COMPREHENSIVE PROSPECT RSCH RESEARC CAP CAMP RESEARCH false 25000 25000 NY true STUDENT SCHOLARSHIPS 151 4706854 FMV Tuition reduction Schedule I Part line 2 THE CHAPIN SCHOOL SUPPORTS ECONOMIC DIVERSITY THROUGH A FINANCIAL AID PROGRAM, AVAILABLE TO STUDENTS AT ALL GRADE LEVELS. THE PROGRAM, BASED SOLELY ON NEED, IS AVAILABLE TO ACADEMICALLY QUALIFIED STUDENTS. THE CHAPIN SCHOOL BELIEVES THAT THE PRIMARY FINANCIAL RESPONSIBILITY FOR A CHILD'S EDUCATION RESTS WITH THE PARENTS, TO THE FULL EXTENT THAT THEY ARE ABLE. THE GOAL OF THE FINANCIAL AID PROGRAM IS TO OFFSET THE DIFFERENCE BETWEEN THE COST OF ATTENDANCE AND A FAMILY'S AVAILABLE FINANCIAL RESOURCES. ADMISSIONS DECISIONS ARE MADE WITHOUT REGARD TO FINANCIAL NEED. LIKE MOST INDEPENDENT SCHOOLS, CHAPIN USES THE STANDARDIZED CALCULATION DERIVED BY THE SCHOOL AND STUDENT SERVICE ("SSS") FOR FINANCIAL AID, A DIVISION OF NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, TO CALCULATE A FAMILY'S CONTRIBUTION TO THE COST OF A CHAPIN EDUCATION. THIS SYSTEM CONSIDERS GROSS TAXABLE AND NON-TAXABLE INCOME, ASSETS, LIABILITIES, FAMILY SIZE AND THE NUMBER OF STUDENTS IN TUITION-CHARGING SCHOOLS OR COLLEGES. AFTER AN ALLOWANCE FOR BASIC NECESSETIES AND REQUIRED TAXES, THE REMAINING FUNDS ARE CONSIDERED AVAILABLE FOR EDUCATION ON A SLIDING SCALE. EVERY FAMILY APPLYING FOR FINANCIAL AID BEGINS BY COMPLETING THE PARENTS' FINANCIAL STATEMENT (PFS). THE DATA IN THIS APPLICATION IS ANALYZED BY SSS AND A RECOMMENDATION OF FAMILY CONTRIBUTION IS REPORTED TO CHAPIN AND TO THE FAMILY. THE CHAPIN SCHOOL WILL REVIEW, RE-ANALYZE AND, IF NECESSARY, RE-COMPUTE THIS RECOMMENDATION IN ACCORDANCE WITH SCHOOL POLICIES, GEOGRAPHICAL LOCATION, COST-OF-LIVING DIFFERENCES, AND OTHER FACTORS TO DETERMINE THE AWARDS. X true true X X X X false true false false false false false false false PATRICIA HAYOT 411255 0 0 0 0 0 125000 0 8853 0 545108 0 87500 0 JAY MATHEWS 243360 0 0 0 0 0 28027 0 8853 0 280240 0 0 MARY JO QUIGLEY 199689 0 0 0 0 0 22270 0 8853 0 230812 0 0 0 MARY RAFFERTY 171293 0 0 0 0 0 18506 0 8853 0 198652 0 0 0 THOMAS PALERMO 167004 0 0 0 0 0 18983 0 8853 0 194840 0 0 0 IILANA PERGAM 168396 0 0 0 0 0 17818 0 8853 0 195067 0 0 0 ANNE BORLAND 181497 0 0 0 0 0 20568 0 7833 0 209898 0 0 0 A NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 649438BT4 2006-12-22 7625000 CIVIC FACILITY REVENUE BONDS false false false B NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 649438BUI 2006-12-22 32375000 CIVIC FACILITY REVENUE BONDS false false false A 4540000 0 7625000 0 0 0 0 0 0 7625000 0 0 2009 false false true true B 12385000 0 32375000 0 0 0 0 0 0 32375000 0 0 2009 false false true true A false false false false 0.00000 0.00000 0.00000 true false false true B false false false false 0 true false false true A true false false 0 false 0 false false B true false false 0 false 0 false true A true B true PATRICIA HAYOTT HOUSING MORTGAGE X 500000 500000 false true true 500000 X 58 775771 FMV false true false FORM 8868 FORM 8868 - APPLICATION FOR EXTENSION OF TIME TO FILE FOR AN EXEMPT ORGANIZATION WAS ELECTRONICALLY FILED. FORM 990 PART VI SECTION B LINE 11A REVIEW OF FORM 990 The audit committee of the board has a meeting with the Director of Finance to review the form 990 and its required attachments and schedules. During this meeting a thorough review of all financial and narrative information is undertaken to make sure all reports and schedules reflect the actual operating results of the school for the most recently completed fiscal year. After this review, the Director of Finance files the completed return with the internal revenue service. FORM 990 PART VI SECTION B LINE 12C CONFLICT OF INTEREST POLICY TRUSTEES AND PROFESSIONAL STAFF ARE REQUIRED TO ATTEST ANNUALLY TO THEIR FAMILIARITY WITH THE SCHOOL'S POLICIES AND PROVIDE INFORMATION CONCERNING ANY POSSIBLE CONFLICT OF INTEREST. FORM 990 PART VI SECTION B LINE 15A AND 15B COMPENSATION THE COMPENSATION COMMITTEE OF THE TRUSTEES DETERMINES THE ANNUAL INCREASE FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR OTHER EMPLOYEES. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. FORM 990 PART VI SECTION C LINE 18 AND 19 PUBLIC INSPECTION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.