2012-11-15T09:13:16-06:00 2012-06-30 860815751 LIEM & COMPANY PC 4455 EAST CAMELBACK ROAD STE E290 PHOENIX AR 85018 990 2011-07-01 860172671 PHOENIX COUNTRY DAY SCHOOL PHOE 6029558200 3901 EAST STANFORD DRIVE PARADISE VALLEY AZ 85253 KATHRYN A PETERS 6029558200 2012-11-15 HENRY A LIEM P00730324 6026676040 2011 2016-02-24 21:20:13Z X KATHRYN A PETERS 3901 E STANFORD DRIVE PHOENIX AZ 85253 18120636 0 X WWW.PCDS.ORG X 1960 AZ PROVIDE EDUCATION TO STUDENTS IN PRE-K THROUGH UPPER SCHOOL. 14 13 281 75 0 0 929651 1437899 14891217 16079535 438166 575067 171914 0 16430948 18092501 1662196 2209872 0 0 11047973 11020178 0 0 312791 4774671 4655073 17484840 17885123 -1053892 207378 35407248 35656383 5148270 5870066 30258978 29786317 PCDS PREPARES PROMISSING STUDENTS TO BECOME RESPONSIBLE LEADERS AND LIFELONG LEARNERS THROUGH AN EDUCATION THAT EMPHASIZES INTELLECTUAL ENGAGEMENT, INDEPENDENCE, COLLABORATION, CREATIVITY, AND INTEGRITY. 0 0 11496274 2209872 15385882 EDUCATIONAL INSTRUCTION/NUMBER OF STUDENTS = 719INDIVIDUAL STUDENTS RECEIVING GRANTS = 166 996718 693653 ANCILLARY SERVICES PROVIDED TO STUDENTS/NUMBER OF STUDENTS = 719 12492992 1 1 0 0 0 1 0 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 1 24 0 1 281 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X X THE SCHOOL 6029558200 3901 EAST STANFORD PARADISE VALLEY AZ 85253 BEVERLY B AX 1.00 X X 0 0 0 LARRY P CLEMMENSEN 1.00 X X 0 0 0 NICHOLAS S FIRESTONE 1.00 X 0 0 0 TRACY D SCHWIMMER 1.00 X X 0 0 0 SAMUEL S GARVIN 1.00 X X 0 0 0 MORRIE AARON 1.00 X 0 0 0 LARRAINE N HO 1.00 X 0 0 0 MICHELLE HOSMAR 1.00 X 0 0 0 WENDY SELIG-PRIEB 1.00 X 0 0 0 JAHM NAJAFI 1.00 X X 0 0 0 GRANT HILL 1.00 X 0 0 0 CHIDA TSE 1.00 X 0 0 0 ANDREW RODIN 50.00 X X 200079 0 6950 ADAM GOODMAN 1.00 X 0 0 0 DR KWANG-WU KIM 1.00 X 0 0 0 CHARLENE WHITFILL 1.00 X 0 0 0 CHEVY HUMPHREY 1.00 X 0 0 0 JONAH SHACKNAI 1.00 X 0 0 0 MITZI R KROCKOVER 1.00 X 0 0 0 LAURIE WRAY 1.00 X 0 0 0 KATHRYN ANN PETERS 50.00 X 121923 0 21233 BARBARA THOMMEN 50.00 X 125119 0 19371 JAMES CALLEROZ WHITE 50.00 X 119606 0 18933 PAUL SCHWIEKHER 50.00 X 107880 0 17136 SHANE SLEWIS 50.00 X 100131 0 6511 WALTER L PIERSON 50.00 X 152090 0 1382 THOMAS SYLVESTER 40.00 X 125588 0 8166 1052416 0 99682 8 1 1 0 COLTON CONSTRUCTORS INC 2206 SOUTH PRIEST DRIVE TEMPE AZ 85280 CONSTRUCTION SERVICES 704114 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 CAFETERIA SERVICES 391411 WGM ASSOCIATES 6263 NORTH SCOTTSDALE ROAD SCOTTSDALE AZ 85250 INFORMATION TECHNOLOGY SERVICES 123855 COMMERCIAL JANITORIAL P O BOX 34402 PHOENIX AZ 85067 JANITORIAL SERVICES 112196 4 1437899 1437899 TUITION & FEE REVENUE 900099 15385882 15385882 AUXILLIARY REVENUE 900099 693653 693653 16079535 603202 603202 28135 -28135 -28135 -28135 18092501 16079535 0 575067 2209872 2209872 655205 655205 8224423 6438385 1588063 197975 549299 549299 943121 763607 165112 14402 648130 476236 162912 8982 19380 19380 48395 48395 95366 95366 962598 604266 358332 43750 1365 42385 1019769 724791 208063 86915 96796 12610 84186 658926 162052 496874 13775 13775 144596 114481 30115 1186810 925000 261810 305893 3671 302222 RECRUITMENT 46606 46606 ENTERTAINMENT 21566 12339 4710 4517 MISCELLANEOUS 6911 6911 BAD DEBTS (RECOVERIES) -16064 -16064 17885123 12492992 5079340 312791 2371280 4130282 1002418 741974 62150 40321 171463 115726 5685 13426 277117 289362 27102375 11320822 16217196 15781553 14714653 13800137 585286 743602 35407248 35656383 1332296 1064337 3749625 4693969 66349 91760 0 20000 5148270 5870066 X 22147186 21670287 115653 103889 7996139 8012141 30258978 29786317 35407248 35656383 X 207378 -680039 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13 942502 951716 103889 1 1 0 1 7996139 16002 8012141 7984538 11601 7996139 7967774 16764 7984538 7164575 803199 7967774 1.00000 0 0 23814728 8928165 14886563 2790022 1944480 845542 497625 448177 49448 15781553 DEFERRED COMPENSATION 20000 20000 18092501 17885123 207378 -680039 -680039 -472661 15107224 -680039 -680039 15787263 95366 2209872 2305238 18092501 15579885 0 15579885 95366 2209872 2305238 17885123 PART IV, LINE 2B: STUDENT ACTIVITY FUNDS HELD IN TRUST FOR BENEFIT OF STUDENT TRAVEL, CLUBS AND CIVIC ACTIVITIES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PART V, LINE 4: ENDOWMENT FUNDS ARE MAINTAINED TO PROVIDE INCOME FOR VARIOUS RESTRICTED AND UNRESTRICTED PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). MANAGEMENT EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. CONSEQUENTLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL'S EXEMPT ORGANIZATION RETURNS FOR THE FISCAL YEARS ENDED JUNE 30, 2009, 2010 AND 2011 ARE SUBJECT TO REVIEW AND EXAMINATON BY THE TAXING AUTHORITIES. SCHEDULE D, PAGE 4, PART XII, LINE 4B IS FOR GRANTS/ASSISTANCE TO OTHERS. SCHEDULE D, PAGE 4, PART XIII, LINE 4B IS FOR GRANTS/ASSISTANCE TO OTHERS. 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 RACIALLY NONDISCRIMINATORY POLICY IS PRINTED ON ALL BROCHURES, ADMISSIONS APPLICATIONS AND ON THE ADMISSIONS LINK ON THE SCHOOL'S WEBSITE. 1 FINANCIAL AID AND SCHOLARSHIPS 567 2209872 BOOK VALUE NEEDS-BASED PROCESS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID POLICY PHOENIX COUNTRY DAY SCHOOL VALUES AND SEEKS STUDENTS FROM DIVERSE ECONOMIC BACKGROUNDS. THE SCHOOL SELECTS STUDENTS FOR ADMISSION ON THE BASIS OF THEIR QUALIFICATIONS, NOT FINANCIAL CIRCUMSTANCES. THE BOARD OF TRUSTEES, ADMINISTRATION, AND PARENTS' ASSOCIATION HAVE MADE A STRONG COMMITMENT TO ASSIST THOSE FAMILIES THAT CANNOT AFFORD TO SEND THEIR CHILDREN TO PHOENIX COUNTRY DAY SCHOOL WITHOUT FINANCIAL ASSISTANCE. AS THE TUITION REVENUE ONLY COVERS APPROXIMATELY 80% OF THE ACTUAL COST OF EDUCATING A STUDENT, EACH STUDENT ALREADY RECEIVES A FORM OF FINANCIAL SUPPORT. ADDITIONALLY, 23% OF THE STUDENT BODY RECEIVES DIRECT FINANCIAL ASSISTANCE THROUGH THE PHOENIX COUNTRY DAY SCHOOL FINANCIAL AID PROGRAM. THE FINANCIAL AID COMMITTEE, BASED UPON THE FINANCIAL NEED OF THE FAMILY AND THE AVAILABILITY OF THE SCHOOL'S FINANCIAL AID FUNDS FOR THAT YEAR, DETERMINES THE AMOUNT OF FINANCIAL AID OFFERED TO EACH FAMILY. FOR ASSISTANCE IN DETERMINING THE FINANCIAL NEED OF THE FAMILY, THE COMMITTE USES CALCULATIONS MADE BY THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID, A DIVISION OF EDUCATIONAL TESTING SERVICE, AND OTHER INFORMATION SUPPLIED BY THE FAMILY. ALL FINANCIAL INFORMATION RECEIVED BY THE SCHOOL AND INFORMATION REGARDING FINANCIAL AID AND AWARDS ARE CONSIDERED CONFIDENTIAL WITHIN THE SCHOOL OFFICES. FINANCIAL AID IS USUALLY LIMITED TO TUITION. FAMILIES SEEKING FINANCIAL AID SHOULD BE AWARE THAT IN MOST CASES THEY WILL BE RESPONSIBLE FOR LUNCH, BOOKS AND OTHER FEES AS WELL AS OCCASIONAL OTHER EXPENSES SUCH AS CLASS TRIPS. AWARD DECISIONS ARE MADE AFTER AN APPLICANT IS ADMITTED TO PHOENIX COUNTRY DAY SCHOOL BUT BEFORE CONTRACTS ARE ISSUED. CURRENT FAMILIES WISHING EITHER CONTINUANCE OF FINANCIAL AID, OR TO BEGIN FINANCIAL AID FOR THE COMING SCHOOL YEAR DUE TO UNEXPECTED FINANCIAL DIFFICULTIES, SHOULD COMPLETE THE FINANCIAL AID APPLICATION BY THE REQUIRED DATE. ONCE THE FINANCIAL AID COMMITTEE MEET AND AWARDS HAVE BEEN GRANTED, CONTRACTS WILL BE ISSUED REFLECTING THE AMOUNT OF AID ISSUED AND THE TUITION BALANCE. THE BUSINESS OFFICE WILL STIPULATE A BREAKDOWN OF THE OTHER FEE OBLIGATIONS AT THAT TIME. THE CONTRACTS ARE, OF COURSE, CONTINGENT UPON THE STUDENT CONTINUING TO MEET THE ACADEMIC AND BEHAVIORAL EXPECTATIONS OF THE SCHOOL AS OUTLINED IN ITS DIVISIONAL HANDBOOKS AND AMENDMENTS THERETO. ANY STUDENT WHOSE ENROLLMENT CONTRACT IS BEING WITHHELD FOR NOT MEETING THE SCHOOL'S ACADEMIC OR BEHAVIORAL EXPECTATIONS WILL NOT RECEIVE A FINANCIAL AID OFFER UNTIL A RESOLUTION OF THE CONTRACT DECISION IS MADE. A STUDENT HOLDING A FINANCIAL AID OFFER MAY HAVE BOTH RESCINDED FOR FAILURE TO MEET THE SCHOOL'S EXPECTATIONS. X X X X 0 0 0 0 0 0 0 0 0 ANDREW RODIN 165825 0 0 0 34254 0 0 0 6950 0 207029 0 0 0 WALTER L PIERSON 140090 0 0 0 12000 0 0 0 1382 0 153472 0 0 0 THOMAS SYLVESTER 125588 0 0 0 0 0 4805 0 3361 0 133754 0 0 0 ANDREW RODIN HEADMASTER 34254 TUITION ASSISTANCE 0 ADAM GOODMAN BOARD OF TRUSTEES MEMBER 61081 FURNITURE SALES 0 FORM 990, PART VI, SECTION A, LINE 2 SAM GARVIN AND JAHM NAJAFI HAVE AN OUTSIDE BUSINESS RELATIONSHIP. BOTH ARE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE SCHOOL'S AUDIT/CPA FIRM PREPARES THE DRAFT OF FORM 990 AND SUBMITS IT, ALONG WITH SUPPORTING WORK PAPERS, TO THE COMPTROLLER AND CFO FOR REVIEW. THE CFO WILL REQUEST ANY NECESSARY ADJUSTMENTS BE MADE, WITH A FINAL VERSION DISTRIBUTED TO THE FINANCE COMMITTEE FOR THEIR REVIEW PRIOR TO THE NOVEMBER COMMITTEE MEETING. ONCE THE DRAFT IS FINALIZED FOR FILING, THE ENTIRE BOARD IS NOTIFIED OF ITS AVAILABILITY FOR THEIR REVIEW. THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD FOR REVIEW IN THE OFFICE OF THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A COMPLIANCE CERTIFICATE VERIFYING THAT: 1)THEY HAVE RECEIVED AND READ THE PCDS CONFLICT OF INTEREST POLICY; 2) THEY AGREE TO COMPLY WITH THE POLICY; 3)THEY HAVE NOT KNOWINGLY VIOLATED ANY PROVISION OF THE POLICY SINCE THEIR INITIAL APPOINTMENT TO THE BOARD, AND 4) THEY HAVE ATTACHED A LISTING OF ANY INTEREST THAT MAY GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST BETWEEN THEMSELVES AND THE SCHOOL, INCLUDING ANY TRANSACTIONS OR RELATIONSHIPS WITH PCDS INVOLVING AN IMMEDIATE MEMBER OF THEIR FAMILY. FORM 990, PART VI, SECTION B, LINE 15 DETERMINATION OF COMPENSATION FOR HEAD OF SCHOOL: THE BOARD OF TRUSTEE OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING COMPENSATION DECISIONS. RELEVANT INFORMATION INCLUDES, BUT IS NOT LIMITED TO, INDUSTRY SURVEYS, DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, OR OTHER COMPARABLE DATA. DETERMINATION OF COMPENSATION FOR OFFICERS AND KEY EMPLOYEES: THE HEAD OF SCHOOL OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING COMPENSATION DECISIONS. RELEVANT INFORMATION INCLUDES, BUT IS NOT LIMITED TO, INDUSTRY SURVEYS, DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, OR OTHER COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 18 THE SCHOOL FORM 990 IS AVAILABLE ON THE WEBSITE GUIDESTAR AND IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL DOES NOT MAKE AVAILABLE TO THE GENERAL PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES OR AUDITED FINANCIAL STATEMENTS; HOWEVER, ALL SUCH DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THESE DOCUMENTS ARE ALSO MADE AVAILABLE TO CERTAIN INTERESTED THIRD PARTIES SUCH AS ITS ACADEMIC ACREDITATION ORGANIZATION, BANKS, DONORS, POTENTIAL DONORS AND PARENTS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -680,039. INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION 3219 E CAMELBACK RD SUITE 288 PHOENIX AZ 85018 274662958 PRIVATE SCHOOL TUITION ORGANIZATION AZ 501(C)(3) LINE 11A, I 0 CORPORATE TAX FOUNDATION 3219 E CAMELBACK RD SUITE 379 PHOENIX AZ 85018 274544039 PRIVATE SCHOOL TUITION ORGANIZATION AZ 501(C)(3) LINE 11A, I 0 FOUNDATION FOR CORPORATE TAX CREDIT 3219 E CAMELBACK RD SUITE 263 PHOENIX AZ 85018 274563334 PRIVATE SCHOOL TUITION ORGANIZATION AZ 501(C)(3) LINE 11A, I 0 ARIZONA INDEPENDENT SCHOOLS SCHOLARSHIP FOUNDATION 423 N TUCSON BLVD TUCSON AZ 85716 311623961 PRIVATE SCHOOL TUITION ORGANIZATION AZ 501(C)(3) LINE 9 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION R 140400 CASH FOUNDATION FOR CORPORATE TAX CREDIT R 118000 CASH ARIZONA INDEPENDENT SCHOOLS SCHOLARSHIP FOUNDATION C 410887 CASH CORPORATE TAX FOUNDATION R 33050 CASH