2014-05-13T15:54:52-05:00 2013-06-30 381878652 GODFREY HAMMEL DANNEELS & CO PC 21420 GREATER MACK AVENUE ST CLAIR SHORES MI 480802353 990 2012-07-01 381359080 THE GROSSE POINTE ACADEMY GROS 3138861221 171 LAKE SHORE ROAD GROSSE POINTE FARMS MI 48236 ROBERT J WANICKE JR 3138861221 2014-05-12 1 STEVEN J GUARINI CPA P00224264 5867728100 2014-05-12 2012 2015-11-30 17:44:51Z JOHN M MURPHY 171 LAKESHORE ROAD GROSSE POINTE FARMS MI 48236 7352107 0 X WWW.GPACADEMY.ORG X 1969 MI THE GROSSE POINTE ACADEMY IS AN INDEPENDENT, COEDUCATIONAL DAY SCHOOL SERVING CHILDREN IN EARLY SCHOOL THROUGH GRADE EIGHT. 20 20 107 175 -980 -980 1037265 1540258 4173496 4344580 753480 1014712 -162205 60061 5802036 6959611 1270470 1170091 0 0 3354247 3811716 0 0 292612 2677245 1703639 7301962 6685446 -1499926 274165 19281000 18412456 8295784 7153075 10985216 11259381 X THE GROSSE POINTE ACADEMY EDUCATION EMPHASIZES THE VALUE OF EACH CHILD AND THE GROWTH OF THAT CHILD. WE PROVIDE AN EDUCATION OF THE HIGHEST QUALITY IN THE PURSUIT OF ACADEMIC EXCELLENCE, THE ARTS, AND ATHLETICS. WE IMPART TO OUR STUDENTS AN EDUCATION WHICH IS SOUND IN MORAL AND ETHICAL FORMATION. OUR OUTLOOK IS CHRISTIAN AN OUR HERITAGE IS CATHOLIC. THE ACADEMY RESPECTS ALL CULTURES AND RELIGIOUS BELIEFS. 0 0 5050752 1170091 4344580 AN INDEPENDENT EDUCATIONAL INSTITUTION THAT PROVIDES AN ENVIRONMENT OF LEARNING FOR STUDENTS IN GRADES PRESCHOOL THROUGH EIGHT OF VARIOUS SOCIAL, ECONOMIC, RELIGIOUS, AND CULTURAL BACKGROUNDS. 5050752 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 61 0 1 107 1 1 1 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X ROBERT J WANICKE JR 3138861221 171 LAKE SHORE ROAD GROSSE POINTE FARMS MI 48236 GUS ANDREASEN 5.00 X 0 0 0 BRIDGET BEARSS 5.00 X 0 0 0 JAMES E BROCK JR 5.00 X 0 0 0 LINDSEY FORD BUHL 5.00 X 0 0 0 SANDRA CAVATAIO 5.00 X 0 0 0 DONALD COLEMAN 5.00 X 0 0 0 JON B COTTON 5.00 X 0 0 0 HALI H GIESSLER 5.00 X 0 0 0 RENEE JANOVSKY 5.00 X 0 0 0 MARY JO JOHNSON 5.00 X 0 0 0 TIFFANY KLAASEN 5.00 X 0 0 0 DEBBIE MINANOV 5.00 X 0 0 0 CAROLE J PEABODY 5.00 X 0 0 0 WILLIAM M SMITH 5.00 X 0 0 0 JOHN M MURPHY 5.00 X X 0 0 0 JENNIFER FAUSTER 5.00 X X 0 0 0 BRIAN DEMKOWICZ 5.00 X X 0 0 0 KEN FRUEHAUF 5.00 X X 0 0 0 JACK VALENTE 5.00 X 0 0 0 KRISTEN VAN PELT 5.00 X 0 0 0 LARS KUELLING 40.00 X 76335 0 0 MICHAEL KENNEDY 40.00 X 94001 0 161 ROBERT J WANICKE JR 40.00 X 23972 0 0 194308 0 161 0 0 0 0 PLUM MARKET FOOD SERVICE LLC 30777 NORTHWESTER HWY SUITE 301 FARMINGTON HILLS MI 48334 FOOD SERVICE PROVIDER 202396 1 367291 1172967 93500 1540258 TUITION & FEES 611710 4234628 4234628 STUDENT SUPPORT SERVICES 611710 109952 109952 4344580 1014712 1014712 60936 54328 6608 6608 -980 7588 387394 367291 338168 49226 49226 MISCELLANEOUS INCOME 900099 4227 4227 4227 6959611 4344580 -980 1075753 1170091 1170091 106956 106956 3057194 2258592 662472 136130 420886 296277 103176 21433 226680 158447 58471 9762 11329 11329 38900 38900 103172 62005 41167 37589 3740 23916 9933 44851 19375 16410 9066 55371 51600 3771 248557 230045 9256 9256 7670 5840 245 1585 492564 443614 24645 24305 61650 47899 9580 4171 CAPITAL DRIVE 163213 7935 155008 270 SUPPLIES 109478 99442 9571 465 FOOD & SUPPLIES 94582 85124 4729 4729 FIELD TRIPS & ACTIVITIE 60482 60482 174231 50244 62480 61507 6685446 5050752 1342082 292612 500 500 1492737 276747 259271 173245 71735 209897 108328 56031 17368503 6831451 10666551 10537052 6489784 7040840 192094 118144 19281000 18412456 415512 522036 277310 334971 7025000 5750000 577962 546068 8295784 7153075 X 4676675 5879041 2732911 3102037 3575630 2278303 10985216 11259381 19281000 18412456 274165 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6720712 715545 546655 6889602 9062112 -7743 2333657 6720712 7736238 1340924 15050 9062112 6782892 1500 974929 23083 7736238 9486323 103275 -2831966 25260 6782892 0.48060 0.33070 0.18870 1 0 200000 200000 14572155 5544542 9027613 2596348 1286909 1309439 10537052 CONDITIONAL ASSET RETIREMENT OBLIGATION 224291 PENSION AND POST-RETIREMENT OBLIGATION 321777 546068 X 5843848 54328 54328 5789520 1170091 1170091 6959611 5569683 54328 54328 5515355 1170091 1170091 6685446 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ACADEMY'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. EARNINGS FROM GENERAL ENDOWMENT FUNDS FUND SCHOOL OPERATIONS. EARNINGS FROM THE ENDOWMENT SCHOLARSHIP FUND FUND SCHOLARSHIPS AND EARNINGS FROM THE FACULTY ENDOWMENT ARE RESTRICTED FOR FACULTY SCHOLARSHIPS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAX AS PROVIDED UNDER INTERNAL REVENUE CODE SECTION 501 (C)(3). AS A RESULT, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ACADEMY'S CONTINUED STATUS AS AN EXEMPT ORGANIZATION IS CONSIDERED TO BE A "TAX POSITION" IN THAT THE ACADEMY MUST ADHERE TO VARIOUS REQUIREMENTS TO REMAIN TAX-EXEMPT. IN ADDITION, ANY SCHOOL ACTIVITIES THAT MAY SUBJECT IT TO "UNRELATED BUSINESS TAXABLE INCOME" ARE ALSO CONSIDERED TAX POSITIONS. MANAGEMENT HAS ANALYZED THE ACADEMY'S MATERIAL TAX POSITIONS AS OF JULY 1, 2011 AND JUNE 30, 2013 AND 2012 AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS EXIST THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING STATEMENTS. WITH FEW EXCEPTIONS, THE ACADEMY IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN NET RENTAL INCOME 54,328. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 1,170,091. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN NET RENTAL INCOME 54,328. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 1,170,091. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE ACADEMY PROVIDES A STATEMENT IN ALL BROCHURES AND ADS FOR ADMISSIONS/OPEN HOUSE INVITATIONS TO THE PUBLIC. AN ANNUAL NOTICE IS PLACED IN THE DETROIT FREE PRESS NEWSPAPER. THE GROSSE POINTE ACADEMY IS COMMITTED TO A DIVERSE POPULATION. ACTION AUCTION 754685 367291 387394 147888 35131 31216 123933 754685 367291 387394 147888 35131 31216 123933 338168 49226 1 TUITION REMISSION 20 174901 FINANCIAL AID 125 864505 MULTIPLE STUDENT DISCOUNT 65 103635 SCHOLARSHIPS 7 27050 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENTS APPLY FOR FINANCIAL AID EACH YEAR. AMOUNTS ARE AWARDED BASED ON NEED AND ARE APPLIED DIRECTLY TO THE STUDENTS' TUITION ACCOUNTS. A MICHIGAN STRATEGIC FUND 521417332 594698AA0 2005-08-01 6500000 CAPITAL IMPROVEMENTS 0 0 0 A 6500000 163837 6500000 2007 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 0 X 1 9000 COST X VACATION PACKAGES 5 48500 COST X JEWELRY 1 11500 COST X ENTERTAINMENT 1 8000 COST X CATERING PACKAGE 1 8000 COST X CUSTOM OIL PORTRAIT 1 8500 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, FORM 990 WILL BE REVIEWED BY THE DIRECTOR OF FINANCE, HEAD OF SCHOOL, AND CHAIRMAN OF THE BOARD AS WELL AS DISTRIBUTED TO THE FINANCE COMMITTEE MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE GIVEN THE CONFLICT OF INTEREST POLICY AT THE ANNUAL BOARD OF TRUSTEES RETREAT AND ASKED TO SIGN AND RETURN. CONFLICT OF INTEREST QUESTIONNAIRES ARE MAINTAINED BY THE BUSINESS OFFICE. IN THE EVENT A BOARD MEMBER HAS A CONFLICT, IT WOULD BE NOTED AND THEY WOULD BE REQUESTED TO EXCLUDE THEMSELVES FROM ANY VOTE/DISCUSSION RELATIVE TO SAID CONFLICT. ALL EMPLOYEES MUST ALSO SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES' PRESIDENT RECEIVED INFORMATION FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS COMPARING TOTAL COMPENSATION AND BENEFITS FOR THE RESPECTIVE POSITIONS AT PEER SCHOOLS. THE PRESIDENT MAKES A RECOMMENDATION TO THE BOARD FOR THEIR APPROVAL FOR THE HEAD OF SCHOOL'S COMPENSATION. THE DETERMINATION AND DECISION REGARDING COMPENSATION WAS DOCUMENTED CONTEMPORANEOUSLY IN THE BOARD MINUTES. A NEW DIRECTOR OF FINANCE STARTED IN DECEMBER 2010 AND HIS COMPENSATION WAS DETERMINED BY THE HEAD OF SCHOOLS AND THE DIRECTOR OF FINANCE COMMITTEE USING THE SAME PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE REVIEW. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.