2012-03-09T14:15:15-06:00 2011-06-30 RYLANDER CLAY & OPITZ LLP 3200 RIVERFRONT DRIVE SUITE 200 FORT WORTH TX 76107 990 2010-07-01 751085363 FORT WORTH COUNTRY DAY SCHOOL INC FORT 8177327718 4200 COUNTRY DAY LANE FORT WORTH TX 761094299 THOMAS MITCHELL 8177327718 2012-03-08 1 8173322301 2010 2016-02-24 21:20:13Z EVAN PETERSON 4200 COUNTRY DAY LANE FORT WORTH TX 761094299 37043755 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. 24 23 400 1188 0 0 5450823 3780786 18958867 19956621 1532055 2022781 47500 51447 25989245 25811635 1922090 2044859 0 0 14494774 15071409 0 0 559354 6916385 6752959 23333249 23869227 2655996 1942408 86494163 95436225 31492799 32291583 55001364 63144642 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 18970530 2044859 20042196 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 6/30/11, THE SCHOOL HAD A STUDENT ENROLLMENT OF APPROXIMATELY 1,110. TRADITIONALLY 100 PERCENT OF FWCD GRADUATES ATTEND FOUR-YEAR COLLEGES AND UNIVERSITIES. THE 97 MEMBERS OF THE CLASS OF 2011 WERE ADMITTED TO 137 DIFFERENT COLLEGES. THESE GRADUATES WERE AWARDED $8,608,608 IN MERIT-BASED SCHOLARSHIPS AND OTHER AWARDS. FORTY-FIVE PERCENT OF THE MEMBERS OF THE CLASS OF 2011 ATTENDED SCHOOL IN THE STATE OF TEXAS, WHILE FIFTY-FIVE PERCENT WENT OUT OF STATE. 18970530 1 1 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 1 1 0 0 0 1 0 0 0 0 0 1 69 0 1 400 1 0 1 CJ VI 0 0 0 1 1 0 0 0 0 X 24 23 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 ALICIA LINDSEY 2.00 X 0 0 0 ANN B HOUSE 2.00 X 0 0 0 BETH RIVERS 5.00 X X 0 0 0 DAVID EKSTROM 3.00 X 0 0 0 DORRIS MORRISSETTE 1.00 X 0 0 0 DOUG BRATTON 1.00 X 0 0 0 DR JOHN GEESBREGHT 3.00 X 0 0 0 FRASHER PERGANDE 2.00 X 0 0 0 JIM HUBBARD 3.00 X 0 0 0 JOHN FANT 3.00 X 0 0 0 JUDIE GREENMAN 3.00 X 0 0 0 LAURA BIRD 4.00 X X 0 0 0 MARSHALL BOYD 3.00 X 0 0 0 MIKE WALTRIP 4.00 X 0 0 0 RANDY GIDEON 9.00 X X 0 0 0 REED PIGMAN 4.00 X 0 0 0 SHANNON RAY 2.00 X 0 0 0 TOM PURVIS 4.00 X 0 0 0 ROSALIND EVANS 2.00 X 0 0 0 RUSSELL LAUGHLIN 5.00 X X 0 0 0 SCOTT SANKARY 2.00 X 0 0 0 JOHN SMITHERMAN 2.00 X 0 0 0 JANET BISHOP 1.00 X 0 0 0 LIZ FLEISCHER 1.00 X 0 0 0 ELLEN FANNING 40.00 X 110494 0 16430 EVAN PETERSON 40.00 X 339400 0 31680 TOM MITCHELL 40.00 X 177960 0 5225 STEVE STACKHOUSE 40.00 X 114842 0 13949 SHARI LINCOLN 40.00 X 110161 0 13005 FRANK GENDUSA 40.00 X 111235 0 13334 NORMA WILKERSON 40.00 X 105489 0 10296 1069581 0 103919 7 0 1 0 SEDALCO 2554 EAST LONG AVENUE FORT WORTH TX 76137 CONSTRUCTION SERVICES 2479217 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B7 TOWSON MD 21204 LUNCH SERVICES 881691 GIDEONTOAL INC 500 WEST 7TH STREET SUITE 1400 FORT WORTH TX 76102 DESIGN/ARCHITECTURE SERVICES 187457 JEFF EUBANK ROOFING CO INC 1900 NORTHPARK DRIVE FORT WORTH TX 76102 ROOF REPAIRS 140466 4 135189 3645597 3780786 TUITION AND FEES 611710 19634440 19634440 SUMMER SCHOOL 611710 288906 288906 TRANSPORTATION SERVICE 611710 26175 26175 BALLET 611710 7100 7100 19956621 436539 436539 62305 62305 239576 251881 -12305 -12305 -12305 11827950 14500 10243130 13078 1584820 1422 1586242 1586242 255079 135189 244578 10501 10501 15734 3688 12046 12046 331033 475765 -144732 -144732 MISCELLANEOUS INCOME 900099 85575 85575 FALCON FEEDER 900099 32208 32208 AFTER SCHOOL CARE 624410 5849 5849 123632 25811635 20042196 0 1988653 2044859 2044859 744377 275161 426884 42332 11588787 9027720 2185501 375566 725320 512820 192719 19781 1122176 787157 307255 27764 890749 614796 250687 25266 27601 27601 69166 69166 18203 18203 322 322 186408 186408 246836 111396 135440 418018 100279 317739 1022626 544675 477951 91699 91699 393069 393069 1277745 1210398 67347 140072 140072 SAGE DINING PAVILLION 768086 768086 EDUCATION 367500 367500 MISCELLANEOUS 329805 62299 198861 68645 BREAKTHROUGH 263488 263488 SUMMER PROGRAMS 248565 248565 883750 1939632 -1055882 23869227 18970530 4339343 559354 70809 236671 9567443 8696116 3809203 4379336 11106862 11434649 15750 0 65343 31059 2473714 2684379 49918160 23076332 24485395 26841828 18127063 30089337 16219632 10521819 552949 521031 86494163 95436225 2809630 2804326 19683169 20487257 9000000 9000000 31492799 32291583 X 34808913 38787409 6830466 10198336 13361985 14158897 55001364 63144642 86494163 95436225 X 1942408 6200870 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23869409 851536 6499726 1777535 29443136 21599419 57323 3741397 1528730 23869409 30534987 80409 -7288233 1727744 21599419 0.36000 0.48000 0.16000 0 0 1778127 1778127 42776260 18811250 23965010 5049654 4265082 784572 314119 314119 26841828 ALTERNATIVE INVESTMENTS 10521819 F 10521819 25811635 23869227 1942408 6200870 6200870 8143278 30943558 6200870 975912 7176782 23766776 2044859 2044859 25811635 22800280 975912 975912 21824368 2044859 2044859 23869227 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 DESIGNATED 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. ON JULY 1, 2009, 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, 2011, 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 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES: $244,578 GAMING EXPENSES: $3,688 COST OF GOODS SOLD: $475,765 RENTAL EXPENSES: $251,881 PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXP NETTED TO TUITION REVENUE: $2,044,859 PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES: $244,578 GAMING EXPENSES: $3,688 COST OF GOODS SOLD: $475,765 RENTAL EXPENSES: $251,881 PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXP NETTED TO TUITION REVENUE: $2,044,859 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 146965 135189 11776 3255 25345 6500 30182 CARNIVAL 40703 40703 2040 1500 2950 8833 6 189922 189922 139046 377590 135189 242401 2040 3255 26845 9450 178061 219651 22750 13862 1201 962 0 1872 1395 130 0 15734 2596 1092 3688 12046 TX 1 0 1 0 1.00000 TOM MITCHELL 4200 COUNTRY DAY LANE FORT WORTH TX 76109 0 0 1 NEED BASED FINANCIAL AID 182 1630319 STATED RATES TUITION, BOOKS, MEAL PLAN, FEES TUITION REMISSION 41 414540 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 W-2 FORMS 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 EVAN PETERSON 339400 0 0 0 0 0 17640 0 14040 0 371080 0 0 0 TOM MITCHELL 177960 0 0 0 0 0 0 0 5225 0 183185 0 0 0 PART I, LINE 1A THE FOLLOWING TAXABLE COMPENSATIONS WERE PROVIDED TO OUR HEAD OF SCHOOL DURING CALENDAR YEAR 2010: 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 0.00000 0.00000 0.00000 0 0 0 0 0 0 0 RANDY GIDEON BOARD PRESIDENT 64964 BOARD PRESIDENT RANDY GIDEON IS THE FOUNDING PRINCIPAL OF GIDEON TOAL, INC. THE PROVIDER OF ARCHITECTURAL DESIGN SERVICES FOR FWCD. 0 JIM HUBBARD BOARD MEMBER 7458 BOARD MEMBER JIM HUBBARD IS A PARTNER IN HIGGINBOTHAM & ASSOCIATES, OUR EMPLOYEE BENEFIT PRODUCER. 0 X 1 502678 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 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 ANNUAL REPORT, WHICH INCLUDES THE ANNUAL INDEPENDENT AUDIT REPORT, IS POSTED ON THE FORT WORTH COUNTRY DAY SCHOOL WEBSITE. 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 GAINS ON INVESTMENTS: 6,200,870. 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 239576 1830275 FORT WORTH COUNTRY DAY SCHOOL