2014-05-06T09:22:56-05:00 2013-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2012-07-01 131635261 TREVOR DAY SCHOOL TREV 2124263300 11 EAST 89TH STREET NEW YORK NY 10128 WILLIAM F TRUFFA 2124263300 2014-05-02 1 FREDERICK H ROTHMAN P01275277 2128674000 2012 2015-11-30 17:44:51Z WILLIAM F TRUFFA 11 EAST 89TH STREET NEW YORK NY 10128 39380200 0 X WWW.TREVOR.ORG X 1932 NY TO OPERATE AN INDEPENDENT DAY SCHOOL FOR NURSERY THROUGH 12TH GRADE. 24 18 305 200 0 0 4750689 5993594 30866159 32198406 100156 258486 72865 -20904 35789869 38429582 4004420 4444370 0 0 18745992 19666940 0 137522 963574 7521758 7530645 30272170 31779477 5517699 6650105 156669905 167685525 95621910 98107520 61047995 69578005 X TREVOR DAY SCHOOL BUILDS AN ACTIVITY-BASED SETTING TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. IN 2013, THE SCHOOL SERVED 839 STUDENTS ON ITS THREE CAMPUSES - THE EARLY CHILDHOOD DIVISION AT 11 EAST 89TH STREET, THE ELEMENTARY DIVSION AT 4 EAST 90TH STREET, AND THE MIDDLE AND HIGH SCHOOL DIVSIONS AT 1 WEST 88TH STREET. 0 0 25599066 4444370 32269792 PROVIDED EDUCATIONAL AN ACTIVITY-BASED SETTING IN ORDER TO EDUCATE EACH STUDENT FOR ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY IN A DIVERSE CO-EDUCATIONAL COMMUNITY THAT EMPHASIZES RESPONSIBILITY, STIMULATES COLLABORATION, AND PROMOTES MUTUAL RESPECT. IN 2013 THE SCHOOL SERVED 839 STUDENTS ON ITS THREE CAMPUSES. 25599066 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 305 1 0 0 0 0 0 1 1 0 0 0 0 X 24 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X WILLIAM F TRUFFA 2124263331 566 COLUMBUS AVENUE NEW YORK NY 10024 SALLY A ROCKER 10.00 X X 0 0 0 MARY KAY COYLE 2.00 X X 0 0 0 GLENN MARKMAN 2.00 X X 0 0 0 ANDREW GORDON 2.00 X X 0 0 0 RAYMOND J IWANOWSKI 2.00 X X 0 0 0 PAMELA J CLARKE 40.00 X X 369942 0 434004 HARVEY BERGER 2.00 X 0 0 0 GEORGE C BIDDLE 2.00 X 0 0 0 DAVID BLOOM 2.00 X 0 0 0 ROBERTA B RAFALOFF 2.00 X 0 0 0 DERRICK CEPHAS 2.00 X 0 0 0 ERIC A COLE 2.00 X 0 0 0 JOSEPH GROMEK 2.00 X 0 0 0 ANNE HAUBENSTRICKER 2.00 X 0 0 0 JANE HOFFMAN 2.00 X 0 0 0 MARIA MONET MARKOWITZ 2.00 X 0 0 0 DAVID S NELSON 2.00 X 0 0 0 ANN O'CONNOR 2.00 X 0 0 0 OLAF OLAFSSON 2.00 X 0 0 0 POOJITHA RAO 2.00 X 0 0 0 LAUREL S SKARBINSKI 2.00 X 0 0 0 KATHERINE A STATON 2.00 X 0 0 0 ELIZABETH B STRICKLER 2.00 X 0 0 0 ALEXIS STRONGIN 2.00 X 0 0 0 MARYL SNOW ZEGAR 2.00 X 0 0 0 WILLIAM F TRUFFA 40.00 X 211782 0 12797 LISA ALBERTI 40.00 X 171441 0 12118 PATRICIA PARK 40.00 X 169627 0 14503 DANIEL FEIGIN 40.00 X 153842 0 10092 CHRIS SEELEY 40.00 X 144112 0 11514 CRAIG STOLZBERG 40.00 X 131878 0 11129 ARAINA JEWELL 40.00 X 127586 0 8076 NICHOLAS ROBERTSHAW 40.00 X 126090 0 9617 MIRKO CAVAR 40.00 X 117345 0 9735 1723645 0 533585 13 0 1 0 COMPUTER INTEGRATED SERVICES COMPANY OF 561 SEVENTH AVENUE NEW YORK NY 10018 INFORMATION TECHNOLOGY 222694 JJ ARCHITECTURE PC 124 S CENTRAL AVE ELMFORD NY 10523 ARCHITECTURE 213475 VVV LLC 117 EAST 31ST STREET NEW YORK NY 10016 OWNERS REP (CONSTRUCTION) 212742 SCHULTE ROTH AND ZABEL LLP 919 3RD AVENUE NEW YORK NY 10022 LEGAL 146120 LISA J KASSEL 350 CENTRAL PARK WEST NEW YORK NY 10025 FUNDRAISING 116204 6 1014018 314049 4665527 542767 5993594 SCHOOL TUITION & FEES 611600 31141311 31141311 AUXILIARY 900099 813156 813156 EDUCATION AND GENERAL 611600 243939 243939 32198406 245873 245873 68735 68735 0 595897 583284 12613 12613 12613 206309 1014018 298599 -92290 -92290 OTHER INCOME 900099 71386 71386 71386 38429582 32269792 0 166196 4444370 4444370 1583456 1206482 321053 55921 14812466 11834598 2403964 573904 500768 328241 158732 13795 1624456 1351288 227686 45482 1145794 944272 159533 41989 136689 136689 63654 63654 137522 137522 889409 651545 229434 8430 4100 4100 1691953 962246 700787 28920 238448 238448 1645796 1320189 274171 51436 302728 258012 43358 1358 16048 2065 13978 5 762618 587216 175402 304296 304296 FOOD 497864 497864 PROFESSIONAL DEVELOPMEN 227305 227305 ALTERNATIVE EDUCATION E 131742 131742 617995 613183 4812 31779477 25599066 5216837 963574 553 275 55497555 59318802 60463 151843 180699 286226 259677 99093983 15564240 65780891 83529743 32925381 21699647 1966993 2696682 156669905 167685525 3750127 7373894 11602447 11373839 65500000 65500000 12500000 12500000 2269336 1359787 95621910 98107520 X 48727235 56149100 3451744 4254567 8869016 9174338 61047995 69578005 156669905 167685525 X 6650105 970356 909549 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12883896 2917770 1298314 236414 16656037 17370781 150907 -387792 12883896 14987100 165623 2218058 17370781 8632831 5247743 1319786 213260 14987100 10604585 -112000 -1813123 46631 8632831 0.22000 0.55000 0.23000 0 0 27040768 27040768 27529108 10838053 16691055 2926881 2863959 62922 1830950 1830950 0 39766276 31278 39734998 83529743 SWAP PAYABLE 1359787 1359787 X 35322902 970356 367334 1337690 33985212 4444370 4444370 38429582 27702441 367334 367334 27335107 4444370 4444370 31779477 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: FACULTY SUPPORT, FINANCIAL AID AND OTHER SCHOOL PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2010 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 68,735. DIRECT COST OF SPECIAL EVENT 298,599. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,444,370. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 68,735. DIRECT COST OF SPECIAL EVENT 298,599. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,444,370. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 FULL PAGE ADVERTISEMENT IS TAKEN OUT ANNUALY IN METRO NEW YORK BY ISAAGNY (INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK). TREVOR DAY SCHOOL IS A MEMBER OF ISAAGNY AND NAMED IN THE ADVERTISEMENT. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 MANDATED SERVICES MONIES FROM NYS BOARD OF EDUCATION. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 1817727 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 873358 0 0 0 0 0 0 2691085 0 2691085 0 0 0 0 0 0 X X X X X X 1 LISA J KASSEL 350 CENTRAL PARK WEST NEW YORK NY 10025 CAPITAL CAMPAIGN 0 0 116204 0 THE OSBOURNE GROUP 100 SOUTH BEDFORD ROAD SUITE 340 MT KISCO NY 10549 ANNUAL FUND 0 0 6818 0 WASHBOURN CARMICHEAL 131 MYSTIC DRIVE OSSINING NY 10562 CAPITAL CAMPAIGN 0 0 14500 0 137522 NY FALL FESTIVAL 1220327 1014018 206309 165694 42567 63850 26488 1220327 1014018 206309 165694 42567 63850 26488 298599 -92290 1 FINANCIAL AID 148 4444370 FINANCIAL AID GIVEN TO 148 STUDENTS. FINANCIAL AID IS PROVIDED TO QUALIFIED FAMILIES THAT ARE UNABLE TO PAY FULL TUITION. AWARDS ARE BASED ON A PERCENTAGE OF TUITION. CONSEQUENTLY, THE AMOUNT OF FINANCIAL AID GIVEN EACH YEAR CAN VARY A LOT. IN ORDER TO QUALIFY FOR FINANCIAL AID, A FAMILY MUST SUBMIT AN ANNUAL PERSONAL FINANCIAL STATEMENT TO SCHOOL AND STUDENT SERVICES BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, WHICH TREVOR DAY SCHOOL USES TO DETERMINE EACH INDIVIDUAL'S AID. X 1 0 X X X X 0 1 0 0 0 0 0 1 0 PAMELA J CLARKE 349894 0 0 0 20048 0 377629 0 56375 0 803946 0 0 0 WILLIAM F TRUFFA 209237 0 0 0 2545 0 12797 0 0 0 224579 0 0 0 LISA ALBERTI 157618 0 13178 0 645 0 10618 0 1500 0 183559 0 0 0 PATRICIA PARK 164737 0 3031 0 1859 0 10503 0 4000 0 184130 0 0 0 DANIEL FEIGIN 152704 0 1000 0 138 0 9742 0 350 0 163934 0 0 0 CHRIS SEELEY 143980 0 0 0 132 0 9264 0 2250 0 155626 0 0 0 PART I, LINE 1A PAMELA J. CLARKE RECEIVED EMPLOYER-PROVIDED HOUSING IN THE AMOUNT OF $50,000. THE VALUE OF THE HOUSING WAS NONTAXABLE PURSUANT TO THE CONVENIENCE PROVISION IN INTERNAL REVENUE CODE SECTION 119. PART I, LINE 4B THE SCHOOL CONTRIBUTES $177,525 ANNUALLY TO A 457(F) PENSION PLAN FOR PAMELA J. CLARKE, HEAD OF SCHOOL. PART I, LINE 7 BONUSES ARE APPROVED IN CONJUNCTION BY THE BOARD OF DIRECTORS AND HEAD OF SCHOOL A DORMITORY AUTHORITY - STATE OF NEW YORK 146000293 2011-07-29 65500000 PART VI 0 0 0 A 65560406 1025459 1310000 23188012 25000000 15036935 2014 1 0 0 1 A 0 0 0 0 0 0 0 A 0 1 1 0 1 1 SEE PART VI 0 0 0 0 0 A 0 PART I, LINE A, COLUMN (F) CONSTRUCT FACILITY & REFUND TAXABLE LOAN PART II, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. PART IV, COLUMN A, LINE 4B SWAP 1: RBS CITIZENS, N.A., SWAP 2: RBS CITIZENS, N.A. PART IV, COLUMN A, LINE 4C SWAP 1: 7.0, SWAP 2: 2.9 FRIENDS OF TREVOR DAY LLC ENTITY CONTROLLED BY TRUSTEES OPERATIONS X 12500000 12500000 0 1 1 12500000 PART II FRIENDS OF TREVOR DAY, LLC IS OWNED BY 5 PARTNERS, MARK GALLOGLY, WES EDENS, JOSEPH GROMEK, RAY IWANAWSKI, AND DAVID BLOOM, ALL OF WHOM ARE EITHER TRUSTEES OR SPOUSES OF TRUSTEES. X 15 383220 COMPARABLE SALE X AUCTION ITEMS 142 159547 COMPARABLE SALES 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE AMOUNT REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD WITH THE EXCEPTION OF SCHEDULE B, IN CONFORMITY WITH THE BOARD'S DESIRE TO MAINTAIN THE CONFIDENTIALITY OF THE INFORMATION CONTAINED THEREIN. THE FULL BOARD IS GIVEN THE OPTION OF RECEIVING THIS INFORMATION, UPON THEIR REQUEST. EACH TRUSTEE REVIEWS A DRAFT OF THE 990 FOR COMMENTS. THESE COMMENTS ARE REVIEWED AND ACTED ON PRIOR TO FINAL SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF POTENTIAL OR ACTUAL CONFLICT: THE COMMITTEE ON TRUSTEES SHALL REVIEW INITIALLY AND ANNUALLY ALL TRANSACTIONS THAT MAY ARISE OR DO EXIST BETWEEN THE SCHOOL AND INDIVIDUALS WITH ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. NO OFFICER OF THE SCHOOL OR MEMBER OF THE BOARD OF TRUSTEES WHO HAS SUCH AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHALL PARTICIPATE IN THE COMMITTEE'S REVIEW OF ANY SUCH TRANSACTION. THE COMMITTEE ON TRUSTEES SHALL TRANSMIT ITS RECOMMENDATIONS CONCERNING THE APPROPRIATENESS OF ANY SUCH TRANSACTIONS TO THE FULL BOARD OF TRUSTEES, WHICH SHALL DETERMINE WHETHER OR NOT TO PROCEED WITH SUCH TRANSACTION. DISCLOSURE: UPON ADOPTION OF THIS CONFLICT OF INTEREST POLICY, ALL OFFICERS AND TRUSTEES SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FURTHER PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. SUBSEQUENTLY ELECTED TRUSTEES AND OFFICERS SUBSEQUENTLY APPOINTED SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM PRIOR TO THEIR FIRST PARTICIPATION IN THE AFFAIRS OF THE SCHOOL. DISCLOSURE FORMS SHALL BE UPDATED ANNUALLY, OR SOONER, IF CHANGED CIRCUMSTANCES REQUIRE DISCLOSURE. IN ADDITION, PERSONS SUBJECT TO THIS POLICY ARE EXPECTED TO UPDATE THE DISCLOSURE FORM AT ANY TIME DURING THE YEAR THAT THE INFORMATION REQUESTED ON THE FORM CHANGES. DISCLOSURES SHOULD BE SUBMITTED TO THE CHAIR, COMMITTEE ON TRUSTEES, WHO WILL BE THE CONFLICT OF INTEREST OFFICER, AND WILL ADMINISTER THIS POLICY. ACTUAL OR POTENTIAL CONFLICTS OF A MATERIAL NATURE SHALL BE REPORTED TO THE BUSINESS OFFICE OF THE SCHOOL. THE CHAIR OF THE COMMITTEE OF TRUSTEES IS CHARGED WITH ADMINISTERING ANY CONFLICTS OF INTEREST WHICH ARISE FROM THE BOARD FILLING OUT THE DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE HEAD OF SCHOOL IS BASED ON AN AMENDED FOUR YEAR EMPLOYMENT CONTRACT, EFFECTIVE JULY 2010, AND RUNNING THROUGH JUNE 30, 2014 THE SALARY IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD, SUBJECT TO FULL BOARD APPROVAL, AFTER RESEARCHING COMPARATIVE DATA OF HEADS OF SCHOOLS COMPENSATION AS PREPARED BY INDUSTRY ASSOCIATIONS SUCH AS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). THE SALARY OF THE HEAD IS FURTHER REVIEWED FORMALLY, ON A YEAR TO YEAR BASIS, ON THE BASIS OF THE BOARD'S EXPECTATIONS AND OVERALL PERFORMANCE OF THE HEAD. COMPENSATION OF ALL OTHER OFFICERS IS DETERMINED BY THE BOARD BASED ON COMPARATIVE DATA FOR THE SAME POSITION WITHIN SIMILAR ORGANIZATIONS. DATA FROM THE NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOLS (NYSAIS) AND THE SERVICES OF EXECUTIVE COMPENSATION CONCEPTS LTD ARE USED. FORM 990, PART VI, SECTION C, LINE 18 FORMS 1023 AND 990 ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE CHIEF FINANCIAL OFFICER AT THE SCHOOL'S ADDRESS LISTED ON THE FIRST PAGE OF THIS FILING. FORM 990, PART VI, SECTION C, LINE 19 TREVOR DAY SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENT 909,549. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.