2012-12-18T10:30:11-06:00 2012-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2011-07-01 131655283 SAINT DAVID'S SCHOOL SAIN 2123690058 12 EAST 89TH STREET NEW YORK NY 101280678 JACK SPROULE 2123690058 2012-12-17 1 FREDERICK H ROTHMAN P01275277 2128674000 2011 2016-02-24 21:20:13Z JACK SPROULE 12 EAST 89TH STREET NEW YORK NY 101280678 20313499 0 X WWW.SAINTDAVIDS.ORG X 1951 NY THE MISSION OF SAINT DAVID'S SCHOOL IS TO EDUCATE BOYS TO FULFILL THEIR POTENTIAL THROUGH RIGOROUS ACADEMIC PURSUIT, DELIBERATE MORAL INTROSPECTION AND CRITICAL ANALYSIS OF IDEAS AND ISSUES. THE CLASSICAL TRADITION OF BALANCE HAS GUIDED THE SCHOOL SINCE ITS BEGINNINGS. THE SCHOOL SEEKS TO ENGENDER INTELLECTUAL CURIOSITY, APPRECIATION FOR THE ARTS, SKILL AND SPORTSMANSHIP IN ATHLETICS AND AN ENDURING LOVE OF LEARNING. 21 21 130 217 0 0 6969094 2915718 14223484 15309034 899629 875777 505200 530410 22597407 19630939 951448 950637 0 0 11371999 12298642 0 0 1011872 4936044 5037178 17259491 18286457 5337916 1344482 77403434 77089172 12935126 13072181 64468308 64016991 X THE MISSION OF SAINT DAVID'S SCHOOL IS TO EDUCATE BOYS TO FULFILL THEIR POTENTIAL THROUGH RIGOROUS ACADEMIC PURSUIT, DELIBERATE MORAL INTROSPECTION AND CRITICAL ANALYSIS OF IDEAS AND ISSUES. THE CLASSICAL TRADITION OF BALANCE HAS GUIDED THE SCHOOL SINCE ITS BEGINNINGS. THE SCHOOL SEEKS TO ENGENDER INTELLECTUAL CURIOSITY, APPRECIATION FOR THE ARTS, SKILL AND SPORTSMANSHIP IN ATHLETICS AND AN ENDURING LOVE OF LEARNING. 0 0 14990294 950637 15309034 SAINT DAVID'S SCHOOL IS AN INDEPENDENT PRIVATE SCHOOL THAT PROVIDES ESSENTIAL EDUCATIONAL PROGRAMS TO YOUNG BOYS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE - APPROXIMATELY 400 STUDENTS. WE OFFER A VARIETY OF PROGRAMS INCLUDING SPORTS, MUSIC, ART AND DRAMA. 14990294 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 47 0 130 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JACK SPROULE DIRECTOR OF FINANCE 2123690058 12 EAST 89TH STREET NEW YORK NY 101280678 MARC H ROBERT 1.00 X X 0 0 0 ALLEN M SPERRY 1.00 X X 0 0 0 DANIEL S CONNOLLY 1.00 X X 0 0 0 CHARLES C PLATT 1.00 X X 0 0 0 MICHAEL J MAROCCO 1.00 X X 0 0 0 ROSEMARY BERKERY HAUSEN 1.00 X X 0 0 0 LAUREN BURKE 1.00 X 0 0 0 ARTHUR J HALLERAN JR 1.00 X 0 0 0 JOHN HAYS 1.00 X 0 0 0 THOMAS P HUMPHREY 1.00 X 0 0 0 SUZANNE KARR 1.00 X 0 0 0 ROBERT K MCMILLAN 1.00 X 0 0 0 ANN MELLOW 1.00 X 0 0 0 JOHN R MENZ 1.00 X 0 0 0 JOAN REX 1.00 X 0 0 0 STEVEN G SCHNEIDER 1.00 X 0 0 0 JAMES L SINGLETON 1.00 X 0 0 0 CRAIG D WOOD 1.00 X 0 0 0 JULIE B SYKES 1.00 X 0 0 0 JENNIFER COOK PRICE 1.00 X 0 0 0 MARK S SHELTON 1.00 X 0 0 0 P DAVID O'HALLORAN 40.00 X 414265 0 187359 JOHN J SPROULE 40.00 X 196087 0 24294 MAUREEN BARRY 40.00 X 170246 0 19988 SARA PEAVY 40.00 X 163075 0 20088 KIM DAVIDSON 40.00 X 151472 0 16925 MICHAEL IMBELLI 40.00 X 148049 0 20638 ALEXIS AOYAMA 40.00 X 140120 0 19759 1383314 0 309051 20 0 1 0 PROSKAUER ROSE LLP 11 TIMES SQUARE NEW YORK NY 10036 LEGAL 128399 MITOFSKY SHAPIRO NEVILLE HAZEN LLP 152 MADISON AVENUE 3RD FLOOR NEW YORK NY 10016 LEGAL 124428 2 131696 74131 2709891 245269 2915718 TUITION AND FEES 611710 14717224 14717224 AFTER SCHOOL PROGRAM 611710 591810 591810 15309034 875777 875777 463377 348220 115157 115157 115157 740889 131696 334340 406549 406549 8704 8704 8704 19630939 15309034 0 1406187 950637 950637 659772 659772 8861889 7793787 662736 405366 453336 373796 57346 22194 1582280 1439485 90234 52561 741365 588152 124223 28990 25325 25325 154147 95353 18960 39834 139546 2350 137196 2737263 2153760 379462 204041 266522 223982 25893 16647 323605 189483 103887 30235 49781 3644 45905 232 128891 119256 934 8701 1141904 1027714 57095 57095 8000 8000 62194 23245 30169 8780 18286457 14990294 2284291 1011872 1250 2000 9172183 7391237 3012007 1986232 17222 16587 67582 54869 121153 249991 244205 38671427 11233128 24987655 27438299 39895544 39834590 77403434 77089172 1339929 1409081 9557260 9820635 1750000 1625000 287937 217465 12935126 13072181 X 54195518 54624094 7257927 6262718 3014863 3130179 64468308 64016991 77403434 77089172 X 1344482 -1795799 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 39505955 338801 -1000599 1185000 37659157 28007475 5333953 7229027 161917 902583 39505955 22425043 3981939 2529173 152422 776258 28007475 26475963 1708397 -4781760 977557 22425043 0.84000 0.08000 0.08000 0 0 1582375 1582375 29877292 8428784 21448508 3677945 2804344 873601 3533815 3533815 27438299 DEFERRED COMPENSATION PAYABLE 111266 SWAP LIABILITY 106199 217465 19630939 18286457 1344482 -1795799 -1795799 -451317 17567063 -1113239 -1113239 18680302 950637 950637 19630939 18018380 682560 682560 17335820 950637 950637 18286457 PART III, LINE 4: THE SCHOOL RECEIVES ARTWORK THAT IT DISPLAYS AROUND THE BUILDING. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENTS ARE INTENDED TO SUPPORT THE ONGOING OPERATIONS OF THE SCHOOL. THE OBJECTIVE IS TO PRESERVE THE ENDOWMENT PRINCIPAL WHILE MAINTAINING THE PURCHASING POWER OF THE ENDOWMENT ASSETS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2009 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SWAP AGREEMENT 80,577. UNREALIZED LOSS ON INVESTMENTS -1,876,376. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,795,799. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 348,220. CHANGE IN VALUE OF SWAP AGREEMENT 80,577. DIRECT COST OF SPECIAL EVENTS 334,340. NET UNREALIZED LOSS ON INVESTMENTS -1,876,376. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 950,637. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 348,220. DIRECT COST OF SPECIAL EVENTS 334,340. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 950,637. 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 ADVERTISES THROUGH THE INDEPENDENT SCHOOL TRADE ORGANIZATION ISAAGNY ON AN ANNUAL BASIS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES MANDATED SERVICES AID FROM THE NEW YORK STATE EDUCATION DEPARTMENT. ANNUAL DINNER DANCE 766366 131696 634670 123734 19018 36078 ANNUAL ICE SKATING EVENING 52600 52600 43210 1 53619 53619 112300 872585 131696 740889 166944 19018 148378 334340 406549 1 NEED BASED FINANCIAL AID FOR STUDENTS ATTENDING THE SCHOOL. 33 950637 BOOK PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BASED ON ELIGIBILITY AND GREATEST NEED BY THE SCHOLARSHIP COMMITTEE. THE SCHOLARSHIPS ARE GIVEN EACH YEAR WITHIN A BOARD-APPROVED BUDGET. THEY ARE TRACKED THROUGH THE STUDENT BILLING DATABASE WHICH IS THEN VERIFIED BY THE DIRECTOR OF FINANCE, AND INCLUDED IN THE SCOPE OF THE ANNUAL AUDIT BY AN INDEPENDENT ACCOUNTING FIRM. X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 P DAVID O'HALLORAN 411040 0 0 0 3225 0 61421 0 125938 0 601624 0 0 0 JOHN J SPROULE 193470 0 0 0 2617 0 18812 0 5482 0 220381 0 0 0 MAUREEN BARRY 169621 0 0 0 625 0 15951 0 4037 0 190234 0 0 0 SARA PEAVY 161934 0 0 0 1141 0 15028 0 5060 0 183163 0 0 0 KIM DAVIDSON 150678 0 0 0 794 0 13677 0 3248 0 168397 0 0 0 MICHAEL IMBELLI 146288 0 0 0 1761 0 13151 0 7487 0 168687 0 0 0 ALEXIS AOYAMA 139583 0 0 0 537 0 12346 0 7413 0 159879 0 0 0 PART I, LINE 1A THE HEADMASTER IS REQUIRED BY CONTRACT TO LIVE IN SCHOOL OWNED HOUSING IN ORDER TO ACCOMMODATE ONGOING OPERATIONAL MEETINGS, CONDUCT FUND RAISING ACTIVITIES AND TO BE IMMEDIATELY AVAILABLE IN CASE OF EMERGENCIES. THE SCHOOL DOES NOT REIMBURSE THE HEADMASTER AS ALL EXPENSES RELATING TO THE PROPERTY ARE PAID DIRECTLY BY THE SCHOOL. P DAVID O'HALLORAN TUITION X 54869 54869 0 1 1 54869 X 20 245269 FAIR MARKET VALUE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): TOTAL NUMBER OF CONTRIBUTORS DURING THE YEAR WAS TWENTY. FORM 990, PART VI, SECTION B, LINE 11 THE FEDERAL FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR PRESENTED THE FEDERAL FORM 990 AT BOARD MEETING AND MADE COPIES AVAILABLE TO THE FULL BOARD. THE BOARD ACCEPTED THE FEDERAL FORM 990 AS PRESENTED AND IT WAS SUBSEQUENTLY FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, SENIOR MANAGEMENT, ACADEMIC LEADERSHIP AND PARENTS ASSOCIATION OFFICIALS ARE REQUIRED TO ANNUALLY FILL OUT THE SCHOOL'S CONFLICT OF INTEREST POLICY QUESTIONNAIRE. ALL QUESTIONNAIRES ARE RECEIVED, REVIEWED AND ANY NOTED CONFLICT WOULD BE REFERRED TO THE BOARD PRESIDENT AND/OR THE BOARD TREASURER FOR CONSIDERATION. IF A CONFLICT OF INTEREST EXISTS, THE AFFECTED MEMBER IS ASKED TO ABSTAIN FROM DECISION MAKING ON RELATED ISSUES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES ALONG WITH AN INDEPENDENT CONSULTANT, USING MARKET DATA, SET THE COMPENSATION FOR THE HEADMASTER. THE HEADMASTER, IN TURN, SETS SALARY FOR ADMINISTRATIVE STAFF USING INDEPENDENT SALARY/BENEFIT DATA SUPPLIED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE LAST REVIEW FOR THE HEADMASTER AND STAFF WAS DONE IN SPRING 2011. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN VALUE OF SWAP AGREEMENT 80,577. UNREALIZED LOSS ON INVESTMENTS -1,876,376. TOTAL TO FORM 990, PART XI, LINE 5: -1,795,799. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SDS SUMMER PROGRAM LLC 12 EAST 89TH STREET NEW YORK NY 10128 320382874 SUMMER EDUCATIONAL PROGRAM NY 0 0 SAINT DAVID'S SCHOOL SAINT DAVID'S SPORTS CENTER INC 12 EAST 89TH STREET NEW YORK NY 10128 133807472 TITLE-HOLDING CORPORATION NY 501(C)(2) SAINT DAVID'S SCHOOL 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0