2013-01-22T16:51:39-06:00 2012-06-30 751458509 RYLANDER CLAY & OPITZ LLP 3200 RIVERFRONT DRIVE SUITE 200 FORT WORTH TX 76107 990 2011-07-01 751085363 FORT WORTH COUNTRY DAY SCHOOL INC FORT 8177327718 4200 COUNTRY DAY LANE FORT WORTH TX 761094299 THOMAS MITCHELL 8177327718 2013-01-16 1 ALISON WILLIAMS P00509585 8173322301 2011 2016-02-25 16:41:14Z EVAN PETERSON 4200 COUNTRY DAY LANE FORT WORTH TX 761094299 33195883 0 X WWW.FWCD.ORG X 1962 TX THE MISSION OF FORT WORTH COUNTRY DAY IS TO FOSTER THE INTELLECTUAL, (CONT. ON SCH. O) (CONT. FROM PAGE 1) PHYSICAL, EMOTIONAL, AND ETHICAL DEVELOPMENT OF CAPABLE STUDENTS THROUGH AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY PROGRAM THAT INTEGRATES THE ARTS AND ATHLETICS. 22 21 373 1190 0 0 3780786 2254660 19956621 20917273 2022781 1512076 51447 318583 25811635 25002592 2044859 2107865 0 0 15071409 15359183 0 0 752002 6752959 7700630 23869227 25167678 1942408 -165086 95436225 94150123 32291583 34574001 63144642 59576122 THE MISSION OF FORT WORTH COUNTRY DAY IS TO FOSTER THE INTELLECTUAL, PHYSICAL, EMOTIONAL, AND ETHICAL DEVELOPMENT OF CAPABLE STUDENTS THROUGH AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY PROGRAM THAT INTEGRATES THE ARTS AND ATHLETICS. 0 0 20436829 2107865 21241202 FORT WORTH COUNTRY DAY SCHOOL IS A K-12 NON-PROFIT EDUCATION FACILITY WITH A TRADITION OF PROVIDING A RIGOROUS COLLEGE PREPARATORY CURRICULUM, BALANCED BY EQUALLY STRONG PROGRAMS IN FINE ARTS AND ATHLETICS. DURING THE YEAR ENDING 6/30/12, THE SCHOOL HAD A STUDENT ENROLLMENT OF APPROXIMATELY 1,110. TRADITIONALLY 100 PERCENT OF FWCD GRADUATES ATTEND FOUR-YEAR COLLEGES AND UNIVERSITIES. THE 96 MEMBERS OF THE CLASS OF 2012 WERE ADMITTED TO 151 DIFFERENT COLLEGES. THESE GRADUATES WERE AWARDED $9,124,330 IN MERIT-BASED SCHOLARSHIPS AND OTHER AWARDS. FORTY-FOUR PERCENT OF THE MEMBERS OF THE CLASS OF 2012 ATTENDED SCHOOL IN THE STATE OF TEXAS, WHILE FIFTY-SIX PERCENT WENT OUT OF STATE. 20436829 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 70 0 1 373 1 0 1 CJ VI 0 0 0 1 1 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 X X TOM MITCHELL 8173023220 4200 COUNTRY DAY LANE FORT WORTH TX 761094299 RUSSELL LAUGHLIN 9.00 X X 0 0 0 SHANNON RAY 4.00 X X 0 0 0 DAVID EKSTROM 5.00 X X 0 0 0 ALICIA LINDSEY 2.00 X 0 0 0 ANN B HOUSE 2.00 X 0 0 0 DORRIS MORRISSETTE 2.00 X 0 0 0 DOUG BRATTON 1.00 X 0 0 0 DR JOHN GEESBREGHT 3.00 X 0 0 0 FRASHER PERGANDE 3.00 X 0 0 0 JIM HUBBARD 4.00 X 0 0 0 JOHN FANT 7.00 X 0 0 0 JOHN SMITHERMAN 2.00 X 0 0 0 JUDIE GREENMAN 3.00 X 0 0 0 LAURA O'BRIEN 2.00 X 0 0 0 MARSHALL BOYD 4.00 X 0 0 0 MICHAEL DIKE 2.00 X 0 0 0 MIKE WALTRIP 2.00 X 0 0 0 RANDY GIDEON 2.00 X 0 0 0 REED PIGMAN 2.00 X 0 0 0 ROSALIND EVANS 3.00 X 0 0 0 SCOTT SANKARY 2.00 X 0 0 0 TOM PURVIS 3.00 X 0 0 0 BETH RIVERS 1.00 X 0 0 0 LAURA BIRD 1.00 X 0 0 0 TOM MITCHELL 40.00 X 182700 0 17907 ELLEN FANNING 40.00 X 113906 0 16616 EVAN PETERSON 40.00 X 370297 0 34338 STEVE STACKHOUSE 40.00 X 118388 0 14373 SANDRA TUOMEY 40.00 X 110000 0 5849 FRANK GENDUSA 40.00 X 111172 0 13715 STEVE UHR 40.00 X 108122 0 13350 SHARI LINCOLN 40.00 X 113562 0 13401 1228147 0 129549 8 0 1 0 SEDALCO 2554 EAST LONG AVENUE FORT WORTH TX 76137 CONSTRUCTION SERVICES 994199 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B7 TOWSON MD 21204 LUNCH SERVICES 963122 TRI-TECH CONSTRUCTION INC 650 TOWER DRIVE KENNEDALE TX 76060 CONSTRUCTION SERVICES 282847 3 14456 2240204 62274 2254660 TUITION AND FEES 611710 20583828 20583828 SUMMER SCHOOL 611710 302878 302878 TRANSPORTATION SERVICE 611710 23117 23117 BALLET 611710 7450 7450 20917273 392120 392120 36113 36113 30584 145901 -115317 -115317 -115317 8851193 7706228 25009 1144965 -25009 1119956 1119956 88729 14456 89101 -372 -372 13789 3389 10400 10400 275854 223663 52191 52191 MISCELLANEOUS INCOME 900099 323929 323929 AFTER SCHOOL CARE 624410 11639 11639 335568 25002592 21241202 0 1506730 2107865 2107865 767515 292847 429615 45053 11856611 9294885 2169923 391803 755402 565966 167982 21454 1063744 819712 215115 28917 915911 663848 224782 27281 23051 23051 56215 56215 1717 1717 160511 160511 239361 119541 119820 475805 90414 385391 1061040 560328 500712 119252 119252 382211 382211 1294899 1215021 79878 155845 155845 EDUCATION 970036 960937 9099 SAGE DINING PAVILLION 776356 776356 MISCELLANEOUS 738579 475091 25994 237494 BREAKTHROUGH 289401 289401 956351 2085365 -1129014 25167678 20436829 3978847 752002 236671 228840 8696116 8750167 4379336 3336957 11434649 11929045 31059 21313 2684379 2778607 54149790 24146149 26841828 30003641 30089337 22829793 10521819 13738295 521031 533465 95436225 94150123 2804326 3013583 20487257 21420418 9000000 10140000 32291583 34574001 X 38787409 39871408 10198336 5427373 14158897 14277341 63144642 59576122 95436225 94150123 X -165086 -3403434 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29443136 142793 -1555723 1752671 26277535 23869409 851536 6499726 1777535 29443136 21599419 57323 3741397 1528730 23869409 30534987 80409 -7288233 1727744 21599419 0.38000 0.54000 0.08000 0 0 3338763 3338763 41337757 19809832 21527925 5058493 4336317 722176 4414777 4414777 30003641 ALTERNATIVE INVESTMENTS 13738295 F 13738295 25002592 25167678 -165086 -3403434 -3403434 -3568520 19953347 -3403434 462054 -2941380 22894727 2107865 2107865 25002592 23521867 462054 462054 23059813 2107865 2107865 25167678 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE DESIGNATED NET ASSETS OF FORT WORTH COUNTRY DAY SCHOOL, INC. (THE SCHOOL) REPRESENT FUNDS DESIGNATED BY THE BOARD TO FUND AN ENDOWMENT. THE INCOME MAY BE EXPENDABLE TO SUPPORT FUTURE CAPITAL EXPENDITURE NEEDS AS DETERMINED BY THE BOARD OF TRUSTEES. THE PERMANENTLY RESTRICTED NET ASSETS OF THE SCHOOL REPRESENT FUNDS RESTRICTED BY THE DONOR TO ESTABLISH A PERMANENT ENDOWMENT. THE INCOME FROM THE DONOR RESTRICTED ENDOWMENT MAY BE USED TO SUPPORT SCHOLARSHIPS, FACULTY SALARIES, AND OTHER SPECIFIC ENDEAVORS INDENTIFIED IN THE GIFT INSTRUMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SCHEDULE D, PART X, LINE 2 THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL ADOPTED THE PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH REQUIRES FINANCIAL STATEMENT RECOGNITION AND DISCLOSURE FOR UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FINANCIAL STATEMENT RECOGNITION OF A TAX POSITION IS DEPENDENT ON AN ASSESSMENT OF A 50% OR GREATER LIKELIHOOD THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BASED ON THE TECHNICAL MERITS OF THE POSITION. INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS WOULD BE RECORDED IN THE STATEMENT OF ACTIVITIES AS GENERAL AND ADMINISTRATIVE EXPENSE. AS OF JUNE 30, 2012, MANAGEMENT DETERMINED THAT THE SCHOOL DOES NOT HAVE ANY UNRECOGNIZED TAX BENEFITS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, FEDERAL INCOME TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES PRIOR TO 2008. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES: $89,101 GAMING EXPENSES: $3,389 COST OF GOODS SOLD: $223,663 RENTAL EXPENSES: $145,901 PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXP NETTED TO TUITION REVENUE: $2,107,865 PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES: $89,101 GAMING EXPENSES: $3,389 COST OF GOODS SOLD: $223,663 RENTAL EXPENSES: $145,901 PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXP NETTED TO TUITION REVENUE: $2,107,865 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 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED ON OUR WEB SITE, IN HANDBOOKS, IN ALL ADVERTISING AND ADMISSIONS PUBLICATIONS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE "BREAKTHROUGH PROGRAM" RECEIVES FUNDING FROM THE STATE OF TEXAS COMPTROLLER FOR FOOD SERVICES. DINNER/DANCE 23398 14456 8942 5000 8976 2500 7157 CARNIVAL 46144 46144 1253 1441 3509 14243 3 33643 33643 45022 103185 14456 88729 1253 5000 10417 6009 66422 89101 -372 1 1 1.00000 TOM MITCHELL 4200 COUNTRY DAY LANE FORT WORTH TX 76109 1 NEED BASED FINANCIAL AID 185 1689755 STATED RATES TUITION, BOOKS, MEAL PLAN, FEES TUITION REMISSION 39 418110 STATED RATES TUITION PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL FINANCIAL AID IS AWARDED TO FAMILIES ON THE BASIS OF FINANCIAL NEED. PARENTS COMPLETE ANNUALLY THE PARENTS' FINANCIAL STATEMENT (PFS) AND SUBMIT IT TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) WHICH COMPUTES A PROJECTED PARENT CONTRIBUTION. PARENTS ARE FURTHER REQUIRED TO SUBMIT A COPY OF ALL FORMS W-2 AND SCHEDULES OF THEIR CURRENT AND ANY STUDENT IRS TAX RETURNS. THE DIRECTOR OF FINANCIAL AID REVIEWS THE COMPUTATIONS AND RECOMMENDS AN AWARD TO PERSONNEL ATTENDING THE FINANCIAL AID REVIEW MEETINGS. THE DIRECTOR OF FINANCIAL AID MAY REQUEST CLARIFICATION ON ANY SUBMITTED FORMS AND IS AT LIBERTY TO SECURE ANY OTHER ADDITIONAL FINANCIAL STATEMENTS OR INFORMATION THAT MAY BE RELEVANT IN DETERMINING A FAMILY'S FINANCIAL NEED. ALL FINANCIAL AID GRANTS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS AND NO FINANCIAL AID DOLLARS DESIGNATED FOR TUITION, BOOKS, MEAL PLAN OR FEES IS EVER HANDED TO THE RECIPIENTS OF THE GRANT. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 TOM MITCHELL 182700 0 0 0 0 0 12058 0 5849 0 200607 0 0 0 EVAN PETERSON 344952 0 15000 0 10345 0 19927 0 14411 0 404635 0 0 0 PART I, LINE 1A THE FOLLOWING TAXABLE COMPENSATIONS WERE PROVIDED TO OUR HEAD OF SCHOOL DURING CALENDAR YEAR 2011: COUNTRY CLUB DUES, AUTOMOBILE BENEFIT, AND HOUSING ALLOWANCE. THE HOUSING ALLOWANCE IS A 5 YEAR BENEFIT THAT BEGAN JULY 1, 2010 AND ENDS JUNE 30, 2015. THE TAXABLE AMOUNTS ARE CALCULATED JULY 1 THROUGH JUNE 30 TO COINCIDE WITH THE START AND END DATES OF THE SALARY CHANGES OF OUR HEAD OF SCHOOL'S CONTRACT. TRINITY HIGHER EDUCATIONAL FACILITIES CORP 742857169 2007-08-14 9000000 CONSTRUCTION OF FACILITIES 0 0 0 9000000 51000 8949000 2009 0 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 0 0 0 X 5 62274 MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 REVIEW PROCESS: FORT WORTH COUNTRY DAY SCHOOL WILL REVIEW THE DRAFT OF THE FORM 990 AS PREPARED BY OUR INDEPENDENT ACCOUNTING FIRM AS FOLLOWS: 1) REVIEW BY THE HEAD OF SCHOOL, 2) REVIEW BY THE CHIEF FINANCIAL OFFICER, 3) REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND 4) ACKNOWLEDGEMENT BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND SIGN A "CONFLICT OF INTEREST STATEMENT." THE STATEMENT REQUIRES THE BOARD MEMBER TO AFFIRM THAT THERE ARE NO KNOWN CONFLICTS OF INTEREST OR IDENTIFY AND DISCLOSE TRANSACTIONS AND FINANCIAL DEALINGS WITH THE SCHOOL. AFTER REVIEW, THE STATEMENTS ARE KEPT ON FILE IN THE OFFICE OF THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION POLICY: ANNUALLY, THE BOARD OF TRUSTEES SETS NOT ONLY TUITION INCREASES, BUT THE PERCENT INCREASE FOR SALARIES. NORMALLY, THIS AMOUNT IS ALLOCATED TO FACULTY, STAFF, ADMINISTRATORS AND KEY EMPLOYEES BASED ON MERIT AND WITHIN A RANGE. WE ALSO ARE MEMBERS OF THE INDEPENDENT SCHOOL ASSOCIATION OF THE SOUTHWEST, (ISAS) OUR ACCREDITING AGENCY, AND THEY COMPILE AN ANNUAL REPORT BASED ON SALARY DATA SUBMITTED BY EACH SCHOOL. THERE ARE CATEGORIES IN THIS REPORT SPECIFICALLY IDENTIFIED BY INDEPENDENT SCHOOL POSITIONS; (KEY EMPLOYEES) SUCH AS HEAD OF SCHOOL, CHIEF FINANCIAL OFFICER, DIRECTOR OF ADVANCEMENT, DIRECTOR OF ADMISSIONS, ETC. THE SAME TYPE OF REPORT IS ALSO FURNISHED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, (NAIS) OF WHICH FWCD IS ALSO A MEMBER. THIS ALSO SERVES AS A TOOL FOR MEASUREMENT OF RANGES OF SALARIES BY POSITION WITHIN AN INDEPENDENT SCHOOL, SPECIFICALLY BY REGIONS WITHIN THE UNITED STATES. IN TERMS OF COMPENSATION FOR THE HEAD OF SCHOOL, A COMPENSATION COMMITTEE APPOINTED BY THE BOARD OF TRUSTEES USES THIS DATA TO DEVELOP A RECOMMENDATION FOR AN ANNUAL CONTRACT. THE BOARD OF TRUSTEES GIVES FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF DOCUMENTATION: THE FORM 990 IS AVAILABLE FOR REVIEW IN THE BUSINESS OFFICE AT FORT WORTH COUNTRY DAY SCHOOL. THE FORM 990 IS AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. OUR ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE ON OUR WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -3,403,434. FORM 990, PART XII, LINE 2C: FORT WORTH COUNTRY DAY SCHOOL, INC. HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS OVERSIGHT AND SELECTION PROCESS DID NOT CHANGE DURING THE PRIOR TAX YEAR. PAS HOLDINGS LLC 4200 COUNTRY DAY LANE FORT WORTH TX 76109 751085363 RENTAL TX 30584 0 FORT WORTH COUNTRY DAY SCHOOL