2014-12-17T12:52:34-06:00 2014-06-30 050487888 BATCHELOR FRECHETTE MCCRORY MICHAEL & CO PO BOX 156 PROVIDENCE RI 029010156 990 2013-07-01 050258934 PROVIDENCE COUNTRY DAY SCHOOL PROV 4014385170 660 WATERMAN AVENUE EAST PROVIDENCE RI 029141714 MARY P HEFFNER PRESIDENT OF THE BOARD OF TRUSTEES 4014385170 2014-12-15 1 EDWARD F MCCRORY CPA P01469593 4016216200 2013 2015-11-30 17:44:51Z MARY P HEFFNER 660 WATERMAN AVENUE EAST PROVIDENCE RI 029141714 6964083 0 X PROVIDENCECOUNTRYDAY.ORG X 1923 RI THE MISSION OF THE PROVIDENCE COUNTRY DAY SCHOOL IS TO INSPIRE LIVES OF ENGAGED CITIZENSHIP IN A DIVERSE COMMUNITY OF STUDENTS IN GRADES 6-12. 19 19 110 34 0 0 928965 729298 6265889 6150067 2044 1333 59051 44097 7255949 6924795 1888369 1921347 0 0 3638022 3633689 0 0 277058 2012582 1976196 7538973 7531232 -283024 -606437 8103300 7753696 3922749 3952862 4180551 3800834 THE MISSION OF THE PROVIDENCE COUNTRY DAY SCHOOL IS TO INSPIRE LIVES OF ENGAGED CITIZENSHIP IN A DIVERSE COMMUNITY OF STUDENTS IN GRADES 6-12. 0 0 5117768 1921347 6035916 INSTRUCTION AND STUDENT ACTIVITIES - TUITION AND FEES FOR ACADEMIC AND OTHER EXTRACURRICULAR STUDENT ACTIVITIES. 277805 111798 AUXILLARY SERVICES - FOOD SERVICES, TEXTBOOK SALES, ATHLETIC SALES, DUES AND FUNCTION REVENUE. 5395573 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 21 0 110 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MARY MILLARD 4014385170 660 WATERMAN AVENUE EAST PROVIDENCE RI 02914 MARY P HEFFNER PRESIDENT 5.00 X X 0 0 0 PATRICK G COLLINS VICE PRESIDENT 5.00 X X 0 0 0 JAMES J SKEFFINGTON JR VICE PRESIDENT 5.00 X X 0 0 0 BRADFORD A GARDNER TREASURER 5.00 X X 0 0 0 KATE FARRINGTON SECRETARY 5.00 X X 0 0 0 DAVID N BAZAR PAST PRESIDENT 5.00 X 0 0 0 GEOFFREY BOSS TRUSTEE 5.00 X 0 0 0 KATHY BOURQUE TRUSTEE 5.00 X 0 0 0 JOHN F CONLEY TRUSTEE 5.00 X 0 0 0 STEPHEN DYLAG TRUSTEE 5.00 X 0 0 0 SUSAN GALLESHAW TRUSTEE 5.00 X 0 0 0 JACK HAYES TRUSTEE 5.00 X 0 0 0 MARCIA HOFFER TRUSTEE 5.00 X 0 0 0 SUZANNE OPPENHEIMER TRUSTEE 5.00 X 0 0 0 LIZ PERKOWSKI TRUSTEE 5.00 X 0 0 0 DAVID QUINONES TRUSTEE 5.00 X 0 0 0 PAULA M ROONEY TRUSTEE 5.00 X 0 0 0 ANDREW P SIGAL TRUSTEE 5.00 X 0 0 0 JUDY CLOHERTY PARENT COUNCIL 5.00 X 0 0 0 VINCE WATCHORN HEAD OF SCHOOL 40.00 X 178919 0 9452 178919 0 9452 1 0 1 0 SAGE DINING SERVICES INC 222 BOSLEY AVENUE TOWSON MD 21204 DINING SERVICES 285582 1 127027 602271 236860 729298 TUITION & FEES 611710 6035916 6035916 AUXILIARY SERVICES 611710 71212 71212 OTHER PROGRAMS 611710 42939 42939 6150067 1456 1456 123 -123 -123 -123 76092 127027 29642 46450 46450 7170 9523 -2353 -2353 6924795 6147714 0 47783 1921347 1921347 180000 122400 57600 2945794 1914766 824822 206206 42003 27409 11904 2690 246378 157917 76436 12025 219514 127417 81201 10896 268282 268282 12014 12014 21537 21537 66398 66398 55976 55976 38157 10151 28006 291221 218416 43683 29122 39245 39245 72501 29632 42869 133094 133094 407441 297432 110009 36513 36513 SUPPLIES 197450 179495 17955 EQUIPMENT RENTAL AND MA 160062 73374 86688 PROMOTIONAL 83061 83061 HEAD'S EXPENSE 26965 26965 66279 8290 41870 16119 7531232 5395573 1858601 277058 631766 538835 601016 390814 49362 37392 98063 53683 11932744 6983685 5122244 4949059 1578945 1764207 21904 19706 8103300 7753696 468502 495633 718889 750499 2735358 2706730 3922749 3952862 X 2441979 1945705 159625 90922 1578947 1764207 4180551 3800834 8103300 7753696 X -606437 262244 -35524 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1578944 262244 62160 14821 1764207 1271456 218557 156054 54507 12616 1578944 1331238 -9943 37938 11901 1271456 1114761 28800 256771 56807 12287 1331238 1049670 135548 57742 12715 1114761 1.00000 1 0 248193 248193 10844450 6298021 4546429 403039 347904 55135 437062 337760 99302 4949059 INVESTMENTS 1764207 F 1764207 X 5483041 262244 9523 271767 5211274 1713521 1713521 6924795 5862758 9523 9523 5853235 1677997 1677997 7531232 PART V, LINE 4: THE ENDOWMENT ASSETS ARE HELD IN SEPARATE FUNDS FOR THE PURPOSES OF (1) FACULTY SALARIES AND DEVELOPMENT, (2) STUDENT ACTIVITIES, (3) GENERAL OPERATIONS, AND (4) FINANCIAL AID. PART X, LINE 2: UNCERTAINTY IN INCOME TAXES: THE SCHOOL RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH GAAP. UNDER THAT GUIDANCE THE SCHOOL ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS. THE OPEN TAX YEARS ARE 2011-2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 9,523. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLORSHIPS 1,677,997. FAIR MARKET VALUE OF ITEMS DONATED TO THE AUCTION 35,524. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 9,523. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLORSHIPS 1,677,997. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL ADVERTISES ITS RACIALLY NON DISCRIMINATORY POLICY IN NEWSPAPER ADS AND IN THE SCHOOL'S PRINTED PUBLICATIONS DISTRIBUTED TO THE PUBLIC DESCRIBING THE SCHOOL PROGRAM. X X X X X X 1 SPENCER GROUP 130 SOUTH WILLARD STREET BURLINGTON VT 05401 ANNUAL FUND APPEALS 0 0 26970 0 26970 RI GOLF TOURNAMENT/AUCTION 203119 127027 76092 950 6817 16399 5476 203119 127027 76092 950 6817 16399 5476 29642 46450 1 FINANCIAL AID FOR STUDENTS ATTENDING PROVIDENCE COUNTRY DAY SCHOOL. 107 1677997 VALUE OF TUITION REDUCTION APPROVED BY BOARD OF TRUSTEES. REDUCTION OF GROSS TUITION. PART I, LINE 2: THE BOARD OF TRUSTEES APPROVES THE TOTAL FINANCIAL AID AVAILABLE FOR THE YEAR. THE DIRECTOR OF ADMISSIONS, ALONG WITH THE FINANCIAL AID COMMITTEE, DETERMINE THE INDIVIDUAL AWARDS TO BE GIVEN OUT TO STUDENTS BASED ON THE NEEDS OF THE STUDENT. ONCE AN AWARD IS GRANTED, AN ACCEPTANCE LETTER IS SIGNED BY PARENTS LISTING THE AMOUNT OF THE AWARD. ACCOUNTING POSTS THE AWARDS TO STUDENTS ACCOUNTS SO THAT EACH STUDENT IS BILLED THE GROSS TUITION LESS THE AMOUNT OF THE AWARD. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 VINCE WATCHORN HEAD OF SCHOOL 178919 0 0 0 0 0 3578 0 5874 0 188371 0 0 0 X 6 201336 PUBLIC STOCK EXCHANGE X DONATIONS FOR 60 35524 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 WAS REVIEWED IN DETAIL BY THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BUSINESS MANAGER MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY VERBALLY WITH THOSE INDIVIDUALS INVOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE PERFORMS A REVIEW OF THE HEAD OF SCHOOL EVERY TWO YEARS. THE HEAD OF SCHOOL PERFORMS AN ANNUAL REVIEW OF ALL FACULTY AND STAFF. DURING THIS REVIEW, ANY INCREASES OF COMPENSATION ARE DISCUSSED. IN THE PAST THE ORGANIZATION PERFORMED A COMPENSATION STUDY BASED ON DATA PROVIDED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS TO ENSURE ALL COMPENSATION LEVELS WERE IN-LINE WITH OTHER ORGANIZATIONS WITHIN THE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 IN ORDER FOR THE PUBLIC TO REVIEW THE GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS OF THIS ORGANIZATION, THEY ARE REQUIRED TO REQUEST IN WRITING TO THE BOARD OF TRUSTEES TO SEE THE DOCUMENTS. THE BOARD OF TRUSTEES WOULD THEN AUTHORIZE THE FORM TO BE MADE AVAILABLE FOR PUBLIC INSPECTION WITHIN 24 HOURS OF THE REQUEST. FORM 990, PART XI, LINE 9: FAIR MARKET VALUE OF ITEMS DONATED TO THE AUCTION -35,524. FORM 990, PART XI, ITEM 2C THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTING FIRM OF WHICH THE FINANCE COMMITTEE VOTES TO RETAIN.