2013-02-04T11:26:05-06:00 2012-06-30 840803727 REESE HENRY & COMPANY INC 400 EAST MAIN STREET SUITE 2 ASPEN CO 81611 990 2011-07-01 237033239 THE ASPEN COUNTRY DAY SCHOOL INC ASPE 9709251909 3 MUSIC SCHOOL ROAD ASPEN CO 81611 B LEE SCHUMACHER 9709251909 2013-02-03 1 DENISE ANN JURGENS CPA P00087338 9709253771 2011 2016-03-07 17:11:31Z B LEE SCHUMACHER 3 MUSIC SCHOOL ROAD ASPEN CO 81611 10966360 0 X WWW.ASPENCOUNTRYDAY.ORG X 1969 CO EDUCATION OF ROARING FORK VALLEY YOUTH. 22 22 57 25 0 0 1131915 5541343 3841318 3959331 281452 207164 -3306 13311 5251379 9721149 0 0 0 0 3277123 3408780 0 0 55227 1581911 1794037 4859034 5202817 392345 4518332 13037115 18062958 2342406 3182112 10694709 14880846 X IT IS THE MISSION OF ASPEN COUNTRY DAY SCHOOL TO FOSTER A CULTURE OF LEARNING BY WHICH EACH CHILD REACHES HIS OR HER HIGHEST POTENTIAL. IN AN INSPIRING SETTING OF NATURAL BEAUTY, WE OFFER A RIGOROUS CURRICULUM AND INDIVIDUALIZED EDUCATION WHILE CREATING A LOVE OF LEARNING, PERSONAL GROWTH AND RESPONSIBLE CITIZENSHIP. 0 0 4397641 3959331 TO PROVIDE EDUCATION FOR STUDENTS PRE-KINDERGARTEN TO NINTH GRADE FOR APPROXIMATELY 175 STUDENTS. 4397641 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 21 0 57 1 0 0 0 0 0 1 1 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CO X X SCOTT HICKS 9709251909 3 MUSIC SCHOOL ROAD ASPEN CO 81611 LEE SCHUMACHER 5.00 X X 0 0 0 SOLEDAD HURST 2.00 X X 0 0 0 ROBERT POTAMKIN 5.00 X X 0 0 0 MARY BUCKSBAUM SCANLAN 2.00 X X 0 0 0 GERHARD ANDLINGER 2.00 X 0 0 0 RANDALL BONE 2.00 X 0 0 0 KITTY BOONE 2.00 X 0 0 0 BRUCE ETKIN 2.00 X 0 0 0 JASON GREGG 2.00 X 0 0 0 KEN HAMLET 2.00 X 0 0 0 STEVE KAHN 2.00 X 0 0 0 MARCELLA LARSON 2.00 X 0 0 0 ELIZABETH KROFT MONDRY 2.00 X 0 0 0 KELLY O'DONAVAN 2.00 X 0 0 0 TOM REGAN 2.00 X 0 0 0 SCOTT RUSSELL 2.00 X 0 0 0 PEGGY SCHARLIN 2.00 X 0 0 0 JULIET SHIELD-TAYLOR 2.00 X 0 0 0 CATHY TIERNEY 2.00 X 0 0 0 DOUG WEISER 2.00 X 0 0 0 CARRIE WELLS 2.00 X 0 0 0 STAN CHEO 2.00 X 0 0 0 JOHN SUITOR 50.00 X 192572 0 75495 192572 0 75495 1 0 1 0 WAAS CAMPBELL RIVERA JAHNSON & VELASQUEZ 1350 17TH ST STE 450 DENVER CO 80202 LEGAL CONSULTING 311727 1 172535 5368808 556875 5541343 TUITION 611110 3622240 3622240 STUDENT PROGRAMS 611110 130207 130207 CAFETERIA 611110 129045 129045 TRANSPORTATION 611110 63503 63503 OTHER INCOME 611110 14336 14336 3959331 174407 174407 1196559 1163802 32757 32757 32757 94720 172535 81409 13311 13311 9721149 3959331 0 220475 192572 144429 46217 1926 2177010 1616520 531413 29077 130605 130605 745085 745085 163508 163508 20402 20402 11056 11056 28777 13820 14957 3398 3398 383588 383588 15129 15129 97691 97691 22204 22204 PROGRAM COSTS 372330 357024 15306 SCHOLARSHIPS 241062 241062 CASTLE CREEK PLANNING E 182567 182567 STUDENT PROGRAM EXPENSE 106966 106966 308867 214776 73265 20826 5202817 4397641 749949 55227 75942 30733 3233035 5166908 3078431 176558 127071 13635 54484 2335925 1268480 1136558 1067445 5982768 4117082 2418619 4420804 13037115 18062958 296486 580192 1221185 1498225 824735 1103695 2342406 3182112 X 9809804 10968812 576911 3602381 307994 309653 10694709 14880846 13037115 18062958 X 4518332 -332195 X 0 1 0 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 307994 1659 309653 306600 100 1294 307994 305386 1214 306600 304700 686 305386 1.00000 0 0 1682996 766903 916093 136830 76179 60651 516099 425398 90701 1067445 OTHER ASSETS 4509 DEVELOPMENT COSTS 4416295 4420804 ADVANCE TUITION & DEPOSITS 805496 ACCRUED TEACHERS SALARIES 298199 1103695 9721149 5202817 4518332 -130488 -201707 -332195 4186137 9493248 -130488 -130488 9623736 97413 97413 9721149 5307111 201707 201707 5105404 97413 97413 5202817 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE INCOME FROM PERMANENTLY ENDOWED FUNDS FOR SCHOOL OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL FOLLOWS FASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS. FASC 740, INCOME TAXES, REQUIRES THE USE OF A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIRST, A TAX POSITION SHOULD ONLY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERIS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITY. SECOND, A TAX POSITION THAT MEETS THE RECOGNITION THRESHOLD SHOULD BE MEASURED AT THE LARGEST AMOUNT THAT HAS A GREAT THAN 50 PERCENT LIKLIHOOD OF BEING SUSTAINED. THE SCHOOL HAS NO MATERIAL UNRECOGNIZED TAX BENEFITS THE FOR THE YEAR ENDED JUNE 30, 2011. AS A RESULT NO INTEREST OR PENALTIES WERE ACCRUED FOR UNRECOGNIZED TAX BENEFITS DURING THE YEAR. PART XI, LINE 8 - OTHER ADJUSTMENTS: IMPAIRED DEVELOPMENT COSTS -201,707. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FEE INCOME - NETTED AGAINST EXPENSES 97,413. SCHOLARSHIP INCOME - NETTED AGAINST EXPENSES PART XIII, LINE 2D - OTHER ADJUSTMENTS: IMPAIRED DEVELOPMENT COSTS PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FEE INCOME - NETTED AGAINST EXPENSES 97,413. SCHOLARSHIP INCOME - NETTED AGAINST EXPENSES 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 SCHOOL BROCHURES AND PUBLICATIONS DESCRIBE THE SCHOOL'S POLICY. ALSO, THE ASSOCIATION OF COLORADO INDEPENDENT PUBLIC SCHOOLS ANNUALLY PUBLISHES A PUBLIC NOTICE IN THE DENVER POST CLEARLY DESCRIBING NONDISCRIMINATORY POLICIES FOR ITS MEMBER SCHOOLS. SPRING FLING 267255 172535 94720 81409 267255 172535 94720 81409 81409 13311 X X 1 1 X X 0 0 0 0 0 0 0 0 0 JOHN SUITOR 192572 0 0 0 0 0 0 0 75495 0 268067 0 285838 0 PART I, LINE 1A THE HEAD OF SCHOOL HAS A DISCRETIONARY SPENDING ACCOUNT FOR MEALS, GAS AND HOME IMPROVEMENTS. AS HEAD, HE SERVES ON THE BOARDS OF OTHER INDEPENDENT SCHOOLS AND HAS A LEADERSHIP ROLE AT ACIS. THESE RESPONSIBILITIES REQUIRE INTRASTATE TRAVEL WHICH IS PAID FOR FROM THE DISCRETIONARY ACCOUNT. X 3 556875 VALUE OF STOCK RECIEVED 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS GIVEN TO THE BOARD TREASURER AND FINANCE COMMITTEE AND IS REVIEWED AND APPROVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY BOARD MEMBERS MUST COMPLETE A CONFLICT OF INTEREST DISLCLOSURE DOCUMENT AND PROVIDE IT TO THE SCHOOL MANAGEMENT. BOARD MEMBERS MUST IMMEDIATELY NOTIFY MANAGEMENT OF ANY CHANGES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE HEADMASTER'S PACKAGE ANNUALLY BY REVIEWING INFORMATION OBTAINED FROM SIMILAR ORGANIZATIONS AND A REVIEW OF CURRENT PERFORMANCE. FROM THAT INFORMATION, A COMPENSATION PACKAGE IS SET. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE ORGANIZATION'S BYLAWS AND ARTICLES ARE AVAILABLE TO THE PUBLIC THROUGH THE SCHOOL'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -130,488. IMPAIRED DEVELOPMENT COSTS -201,707. TOTAL TO FORM 990, PART XI, LINE 5: -332,195.