2012-03-29T17:00:18-04:00 2011-06-30 GRANT THORNTON LLP 1100 PEACHTREE STREET SUITE 1200 ATLANTA GA 30309 990 2010-07-01 580566206 The Westminster Schools Inc WEST 4043558673 1424 West Paces Ferry Road Atlanta GA 303272428 Wendy Barnhart 2012-03-28 true Jennifer FitzGerald 4043302000 2010 2016-02-24 21:20:13Z William Clarkson IV 1424 West Paces Ferry Road Atlanta GA 303272428 295045883 false X www.westminster.net X 1920 GA CHRISTIAN INDEPENDENT DAY SCHOOL FOR BOYS AND GIRLS WHICH SEEKS TO DEVELOP THE WHOLE PERSON FOR COLLEGE AND FOR LIFE THROUGH EXCELLENT EDUCATION. 28 28 823 350 0 -126935 11887253 5399325 37534300 39467516 2776274 16863676 458041 370002 52655868 62100519 3556593 4116504 0 0 34945768 35709478 0 0 2001085 15014765 14909102 53517126 54735084 -861258 7365435 314441939 337191417 52540513 54492026 261901426 282699391 X CHRISTIAN INDEPENDENT DAY SCHOOL FOR BOYS AND GIRLS WHICH SEEKS TO DEVELOP THE WHOLE PERSON FOR COLLEGE AND FOR LIFE THROUGH EXCELLENT EDUCATION. false false 42539690 4116504 37877626 ELEMENTARY & SECONDARY EDUCATION, GENERAL OTHER; THE SCHOOL ENROLLED 1857 STUDENTS IN THE YEAR ENDED JUNE 30, 2011 WITH 25% MINORITY ENROLLMENT. LOW CLASS SIZE ENCOURAGES ACADEMIC ACHIEVEMENTS REFLECTED BY STUDENTS' ACCOMPLISHMENTS INCLUDING 32 NATIONAL MERIT SEMIFINALISTS, 43 COMMENDED STUDENTS, AND 2 NATIONAL ACHIEVEMENT SEMIFINALISTS. THE MOST RECENT SAT RANGE FOR THE MIDDLE 50% OF THE SENIOR CLASS WAS 1960-2230. THE SCHOOL'S FACULTY, WITH 235 ADVANCED DEGREES, REPRESENTS AN INTEGRAL COMPONENT OF EACH STUDENT'S EDUCATION. ANOTHER SIGNIFICANT COMPONENT OF THEIR EDUCATION IS THE SCHOOL'S 3 LIBRARIES WHICH HOUSE 99,000 VOLUMES. WESTMINSTER'S STUDENTS' INTERESTS EXTEND BEYOND ACADEMICS, AND INCLUDE ATHLETIC PURSUITS, ARTISTIC ACCOMPLISHMENTS, AND COMMUNITY SERVICE. IN THE 2008-2009 SCHOOL YEAR, THE SCHOOL WON 4 STATE CHAMPIONSHIPS IN ATHLETIC COMPETITIONS, WITH OVER 80% OF STUDENTS INVOLVED IN ATHLETIC ACTIVITIES. THE ARTS ARE HISTORICALLY VERY STRONG AT WESTMINSTER. OVER 70% OF STUDENTS IN THE JUNIOR HIGH SCHOOL AND 38% OF STUDENTS IN THE HIGH SCHOOL PARTICIPATE IN THE PERFORMING ARTS. THE BAND, ORCHESTRA, AND CHORAL PROGRAMS HAVE A NUMBER OF OFFERINGS IN EACH DIVISION OF THE SCHOOL, AND CONSISTENTLY RECEIVE SUPERIOR RATING IN COMPETITIONS. WESTMINSTER IS DEDICATED TO THE CONCEPT OF COMMUNITY SERVICE AND STUDENTS HAVE A STRONG TRADITION OF INVOLVEMENT IN THEIR SCHOOL AND THE WIDER COMMUNITY. MOST STUDENTS PARTICIPATE IN VOLUNTARY COMMUNITY SERVICE. ALL DIVISIONS OF THE SCHOOL PARTICIPATE IN SERVICE OPPORTUNITIES THROUGHOUT THE SCHOOL YEAR. THROUGH ITS ENDOWMENT, WESTMINSTER HAS BEEN ABLE TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS WHO WOULD OTHERWISE NOT BE ABLE TO PARTICIPATE IN PRIVATE EDUCATION. IN THE 2010-2011 SCHOOL YEAR, 16% OF THE STUDENTS RECEIVED NEED-BASED FINANCIAL AID WHICH MADE ATTENDANCE AT WESTMINSTER POSSIBLE. 2195889 1589890 STUDENT SERVICE PROGRAMS: WESTMINSTER AUXILIARY ENTERPRISES PROVIDE PROGRAMS AND SERVICES WHICH AUGMENT THE SCHOOL'S EDUCATIONAL OBJECTIVES. FOOD SERVICES PROVIDES 2,300 LUNCHES EACH DAY FOR STUDENTS, FACULTY AND STAFF, PLUS A NUMBER OF ADDITIONAL MEALS AT EVENTS AT THE SCHOOL. THE BOOKSTORE PROVIDES BOOKS, SUPPLIES, AND SPIRIT ITEMS FOR ALL STUDENTS. WESTMINSTER ELEMENTARY SCHOOL'S AFTER-SCHOOL PROGRAM, ASK!, SERVICES APPROXIMATELY 174 STUDENTS. STUDENTS MAY CHOOSE TO PARTICIPATE IN MINI-COURSES IN A VARIETY OF SUBJECT AREAS INCLUDING ACADEMICS, ARTS AND ATHLETICS DURING REGULAR PROGRAM HOURS. WESTMINSTER'S SUMMER PROGRAMS OFFER A WIDE VARIETY OF OPPORTUNITIES FOR WESTMINSTER AND NON-WESTMINSTER STUDENTS AGES 4-16. WESTMINSTER'S SUMMER SCHOOL IS AVAILABLE FOR BOTH WESTMINSTER AND NON-WESTMINSTER STUDENTS IN GRADES 6-12. TWO SESSIONS ARE OFFERED FOR BOTH FORWARD AND REMEDIAL CREDIT IN A VARIETY OF ACADEMIC SUBJECTS. 44735579 true true false false false false false false true true true false false true true true false true false true false false false false false false false true true true false false false false false false false false false false true false false false false false false false false false true 142 0 true 823 true true true true BD CJ false false false false false false false false X 28 28 false false false false false false false true true false false true true true true true true true true false GA X MICHELLE HAMILTON 4046096440 1424 WEST PACES FERRY ROAD Atlanta GA 303272428 Olga Goizueta Rawls 3.0 X 0 0 0 Katharine W Kelley 3.0 X 0 0 0 William T Plybon 3.0 X 0 0 0 Robyn Rieser Barkin 3.0 X 0 0 0 Betsy Barge Birkholz 3.0 X 0 0 0 Lisa Borders 3.0 X 0 0 0 Rosalind G Brewer 3.0 X 0 0 0 Samuel G Candler 3.0 X 0 0 0 Nelson C Chu 3.0 X 0 0 0 Suzanne LeCraw Cox 3.0 X 0 0 0 Harold A Dawson Jr 3.0 X 0 0 0 Henry W Grady III 3.0 X 0 0 0 Scott D Hawkins 3.0 X 0 0 0 Douglas J Hertz 3.0 X 0 0 0 M Hill Jeffries Jr 3.0 X 0 0 0 William H Linginfelter 3.0 X 0 0 0 James E Love III 3.0 X 0 0 0 David B MacFarlane 3.0 X 0 0 0 William M McClatchey 3.0 X 0 0 0 Lisa Olivetti McGahan 3.0 X 0 0 0 Joel T Murphy 3.0 X 0 0 0 Ricardo J Nunez 3.0 X 0 0 0 B Clayton Rolader 3.0 X 0 0 0 Glen W Rollins 3.0 X 0 0 0 Louise S Sams 3.0 X 0 0 0 Andrew M Taylor 3.0 X 0 0 0 D Scott Weimer 3.0 X 0 0 0 Marietta Edmunds Zakas 3.0 X 0 0 0 E Stockton Croft IV 3.0 X 0 0 0 Charles W Wickliffe III 3.0 X 0 0 0 WILLIAM CLARKSON IV 55.0 X 346947 0 66531 WENDY BARNHART 55.0 X 174694 0 46339 Mary W Dupriest 55.0 X 81706 0 8909 JOSEPH DIMON IV 55.0 X 147004 0 52259 JERE WELLS 55.0 X 145520 0 24158 LEE FRIEDMAN 55.0 X 130023 0 54599 JAMES ADAMS IV 55.0 X 132109 0 51651 NANCY HUBBARD 55.0 X 137404 0 7925 CHARLES SHAFFER JR 50.0 X 212899 0 23625 1508306 0 335996 37 true true false US Foodservice Inc PO Box 281945 ATLANTA GA 303841945 Food Purchases 582384 Padgett Group 140 Mountain Brook Dr Ste 100 CANTON GA 30115 Facility Mgmt 485055 CDW Government Inc 75 Remittance Dr Ste 1515 CHICAGO IL 606751515 Technology 387423 Employers Direct Health 5050 Spring Valley Road DALLAS TX 75244 Employee Benefits 362540 Johnson Bryan Inc PO Box 20138 ATLANTA GA 30325 Insurance Brokerage 225823 20 5399325 154349 5399325 TUITION AND FEES 900099 37877626 37877626 SUMMER PROGRAMS 900099 1050405 1050405 EXTENDED DAY PROGRAMS 900099 539485 539485 39467516 1878377 1878377 0 0 128278 229496 -101218 -101218 -101218 247051763 232066464 14985299 14985299 14985299 0 0 882522 649404 233118 233118 MISCELLANEOUS 900099 232315 232315 ALUMNI EVENT 900099 5787 5787 238102 62100519 39938736 16762458 0 4116504 4116504 0 0 556866 556866 0 27911090 22617861 4069730 1223499 1666110 1327630 266663 71817 3571341 2835137 571759 164445 2004071 1592240 325700 86131 0 69888 69888 97745 97745 0 0 481011 481011 940785 453712 471329 15744 41683 33834 7849 2139644 1289509 700832 149303 996755 51486 911992 33277 0 971394 971394 759903 720148 33780 5975 0 1056531 739396 136925 180210 578906 578906 0 4391054 4391054 458441 458441 FOOD 129205 129205 MEMBERSHIP DUES 226557 100403 119006 7148 REPAIRS AND MAINTENANCE 1420443 113036 1307407 PLANT ALLOCATION 8551057 -8610954 59897 MISCELLANEOUS 149157 64421 81097 3639 54735084 44735579 7998420 2001085 4100 4100 33150092 34157588 17202553 12218263 2754591 1983206 346026 306337 1066411 1204235 124023142 61928388 63518445 62094754 71648882 92184389 113454105 121574737 10075000 10050000 1221734 1413808 314441939 337191417 8169180 9055560 24621181 25676711 19460000 19460000 290152 299755 52540513 54492026 X 123134860 134225029 60239345 68958139 78527221 79516223 261901426 282699391 314441939 337191417 X 7365435 13432530 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 193716356 12174011 29169038 1611846 8006525 225441034 179900191 6888902 16800840 1612234 8261343 193716356 242774609 3780780 -56309255 1530856 8815087 179900191 0.42000 0.31000 0.27000 false false 845642 845642 83386087 33176105 50209982 11288061 4794741 6493320 27222393 22812355 4410038 1280959 1145187 135772 62094754 HEDGE AND MUTUAL FUNDS 115161931 F REAL ESTATE FUNDS 6412806 F 121574737 0 AGENCY ACCOUNTS 299755 299755 62100519 54735084 7365435 13098931 333599 13432530 20797965 71608206 13098931 13098931 58509275 3591244 3591244 62100519 50810241 672673 672673 50137568 4597516 4597516 54735084 Intended Uses of Endowment Funds Schedule D, Part V, Line 4 THE PREEMINENT FUNCTION OF THE WESTMINSTER SCHOOLS ENDOWMENT FUND IS TO PROVIDE FINANCIAL RESOURCES TO HELP UNDERWRITE THE EDUCATIONAL NEEDS OF CURRENT AND FUTURE GENERATIONS OF STUDENTS AND TO ENHANCE THE FINANCIAL WELL-BEING OF THE WESTMINSTER SCHOOLS. Reconciliation of Change in Net Assets Schedule D, Part XI, Line 8 UNREALIZED GAIN FROM INTEREST SWAP - $216,004, INCREASE IN CSV - $3,586, CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - $114,007, ROUNDING - $2 Reconciliation of Revenue per Audited FS Schedule D, Part XII, Line 4b UNREALIZED GAIN FROM INTEREST SWAP - ($216,004), INCREASE IN CSV -( $3,586), CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - ($114,007), RENTAL EXPENSES ($23,269), BOOKSTORE COGS ($649,404), FINANCIAL AID - $4,116,503, INVESTMENT EXPENSES - $481,011 Reconciliation of Expense Per Audited FS Schedule D, Part XIII, Line 2d BOOKSTORE COGS - $649,404, RENTAL EXPENSES - $23,269 Reconciliation of Expenses per Audited FS Schedule D, Part XIII, Line 4b FINANCIAL AID - $4,116,504, INVESTMENT EXPENSES - $481,011, ROUNDING $1 Part V Endowment Funds Part V Endowment Funds line 4 The preeminent function of the Westminster Schools Endowment Fund is to provide financial resources to help underwrite the educational needs of current and future generations of students and to enhance the financial well-being of the Westminster Schools. FIN 48 (ASC 740) Schedule D, Part X, Line 2 The school provides for income taxes based on Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 740, Income Taxes which establishes the criterion that an individual tax position has to meet for some or all of the benefits of that position to be recognized in the School's financial statements. The School is required to determine that the relevant tax authority would more likely than not sustain the tax position following an audit. The School has applied this criterion to all tax positions for which the statute of limitations remains open. Tax years open to examination by tax authorities under the statute of limitations include fiscal 2008-2011. The School has determined that its tax positions satisfy the more likely than not criterion and that no provision for income taxes is required at June 30, 2011. The School's policy is to record interest and penalties, if any, related to income tax matters in income tax expense. For years ended June 30, 2011 and 2010, no such interest and penalties were recorded. true true true true true true true false false false false false false false false false false true Publication of Racially Nondiscriminatory Policy Schedule E, Part I, Line 3 THE SCHOOL'S NONDISCRIMINATORY POLICY IS INCLUDED IN THE ADMISSIONS SECTION OF THE SCHOOL'S WEBSITE (WWW.WESTMINSTER.NET), PRINTED MATERIAL PROVIDED TO EVERY PROSPECTIVE STUDENT, AND IN ANY LOCAL NEWSPAPER OR NATIONAL MAGAZINE IN WHICH THE SCHOOL PLACES AN ADVERTISEMENT. Sub-Saharan Africa Program Services Exchange Program 10885 Central America and the Caribbean Program Services Community Svc Learning 11910 Central America and the Caribbean Investments 89227470 89250265 89250265 true false true true false MOUNT KENYA SCHEDULE F PART I WESTMINSTER FACULTY, STUDENTS AND BENEFACTORS PROVIDE SUPPORT AND EDUCATIONAL MATERIALS TO MOUNT KENYA, WHICH IS ONE OF THE TOP PREPARATORY SCHOOLS IN EAST AFRICA. THE WESTMINSTER-MOUNT KENYA ACADEMY EXCHANGE WAS ESTABLISHED WHICH GIVES GROUPS OF HIGH SCHOOL STUDENTS FROM BOTH SCHOOLS THE OPPORTUNITY TO VISIT EACH OTHER AND LEARN ABOUT LIFE IN ANOTHER CULTURE. EXPENSES RELATED TO THE EXCHANGE PROGRAM ARE FOR TRANSPORTATION, MEALS, ACCOMMODATIONS AND OTHER MISC EXPENSES: $10,885 Guatemala SCHEDULE F PART I The Guatemala program offers Westminster sophomores and juniors a service learning opportunity that includes finding out about the ties between the United States and Guatemala, working as a team to raise funds to purchase materials, building a new home, and ultimately connecting with the people in Guatemala. These homes in turn become the foundation for a community building process. The cost of the program is minimal to the participants thanks to an endowed fund that will cover travel and lodging. EXPENSES RELATED TO THE COMMUNITY BUILDING PROJECT ARE FOR MEALS AND HOTEL ACCOMMODATIONS: $11,910 true Student Tuition and Fees 336 4116504 Procedure for Monitoring Use of Grant Funds Inside U.S. Schedule I, Part I, Line 2 THE ORGANIZATION PROVIDES FINANCIAL AID TO STUDENTS ATTENDING THE SCHOOL AND THE AMOUNTS PROVIDE FOR TUITION AND FEES. THE GRANTS ARE TREATED AS A REDUCTION OF REVENUE AND ARE APPLIED DIRECTLY TO TUITION. NO FORMAL MONITORING PROCESS IS NECESSARY BECAUSE RECIPIENTS DO NOT HAVE CONTROL OF THE FUNDS. X X X X X true true X X X X X X false true false false false false false false false WILLIAM CLARKSON IV 326674 0 0 0 20273 0 22050 0 44481 0 413478 0 0 0 CHARLES SHAFFER JR 195096 0 0 0 17803 0 11920 0 11705 0 236524 0 0 0 WENDY BARNHART 173829 0 0 0 865 0 9778 0 36561 0 221033 0 0 0 JOSEPH DIMON IV 133538 0 0 0 13466 0 13445 0 38814 0 199263 0 0 0 JERE WELLS 144733 0 0 0 787 0 13690 0 10468 0 169678 0 0 0 LEE FRIEDMAN 112704 0 0 0 17319 0 7838 0 46761 0 184622 0 0 0 JAMES ADAMS IV 131463 0 0 0 646 0 12561 0 39090 0 183760 0 0 0 Housing allowance or residence for personal use Schedule J, Part I, Line 1a As a condition of employment and for the conveniences of the school, selected members of the school management team (the President, Lower school principal, Middle School Principal, Director of Business and Finance, and the Assistant Headmaster for Student Life) are required to reside in campus housing. Based upon the facts and circumstances of the requirements of their respective roles and responsibilities at the school, it is management's position that the housing is non-taxable to the employee. The circumstances of the housing benefit are reviewed on an annual basis to determine if the exclusion under section 119 is applicable. Health or social club dues or initiation fees Schedule J, Part I, Line 1a The school allows employees use of the school health and athletic facilities. Social Club dues are paid by the school for individuals who require memberships for their position. It is management's position that these amenities are non-taxable to the employee. Personal services (e.g., mail, chauffer, chef) Schedule J, Part I, Line 1a The School's housekeeping department provides housekeeping services for the President's on campus residence. It is management's position that these amenities are non-taxable to the employee. Travel for companions Schedule J, Part I, Line 1a The School pays for the President's wife's travel and related professional business expenses when she accompanies the President on school related events including alumni events, student performances and trips as well as professional educational activities, which require the spouse to also attend. The President's wife is required to attend certain events on behalf of the School and is deemed an integral representative of the School family at those events. Discretionary Spending Account Schedule J, Part I, Line 1a The School's Board of Trustees has established a discretionary spending account for the President of the School to fund, as the President deems necessary and appropriate, any school related expenses that are not included in the departmental budgets. These expenses include (a) special professional educational seminars and programs for the senior management team, including the President of the School, and faculty members, (b) emerging school technology needs and (c) other unanticipated school-related initiatives. The discretionary spending account is annually reviewed and approved by the Board of Trustees of the School. Supplemental Nonqualified Retirement Plan Schedule J, Part I, Line 4b The School sponsors both a (a) Non-Qualified 457(f) Supplemental Executive Retirement Plan and (b) Non-Qualified 457(b) Deferred Compensation Plan. Under the Non-Qualified 457(f) Supplemental Executive Retirement Plan, the School's contribution which is based upon predetermined schedule as well as the performance of the President is annually approved the School's Board of Trustees. The contributions and earnings thereon are subject to substantial risk of forfeiture. In addition, under the Non-Qualified 457(b) Deferred Compensation Plan, the President of School may elect salary deferrals into this plan up to the annual calendar limitation as determined by the IRS. Development Authority of Fulton County 581506878 2009-08-20 19470000 See Schedule O false false false 19470000 true false true true false false false false false true false true true Suntrust 20. false false false X 54 154349 Fair Market Value false true true Brokerage Firm for Gifts of Stock Form 990, Schedule M, Part I, Line 32b The organization engages US Bank, N.A., who receives the stock gifts and sells the stock automatically. The organization has a standing order for all stock gifts to be immediately resold. Form 990 Review Process Form 990, Part VI, Line 11b THE FORM 990 IS REVIEWED BY THE CONTROLLER AND CFO; AND IT IS DISTRIBUTED TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING VIA EMAIL. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c COMPLIANCE IS REQUIRED ANNUALLY AT BOARD/COMMITTEE MEETINGS. THE ASSISTANT SECRETARY OF THE BOARD COLLECTS AND MONITORS COMPLIANCE. CONFLICTS ARE DISCLOSED TO THE BOARD AND VOTING TAKES PLACE IN THE ABSENCE OF THE CONFLICTED PARTY. Process for Determining Compensation Form 990, Part VI, Line 15b THE ORGANIZATION USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYEE CONTRACTS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY BOARD TO DETERMINE COMPENSATION OF THE ORGANIZATIONS CEO AND BOARD OF DIRECTORS. How Documents are Made Available to the Public Form 990, Part VI, Line 19 FORM 990, GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST. Other Changes in Net Assets Form 990, Part XI, Line 5 Net unrealized gains (losses) on investments 13,098,931 Other: UNREALIZED GAIN FROM INTEREST SWAP 216,004 INCREASE IN CSV 3,586 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 114,007 ROUNDING 2 ---------- Total Other Changes in Net Assets 13,432,530 REASONABLE CAUSE STATEMENT FORM 8879-EO THIS RETURN IS BEING FILED BETWEEN MARCH 1, 2012, AND MARCH 30, 2012, AS DIRECTED BY THE IRS IN NOTICE 2012-4, BECAUSE ELECTRONIC FILING WAS NOT AVAILABLE JANUARY 1, 2012 THROUGH FEBRUARY 29, 2012. WE REQUEST THAT PENALTIES BE WAIVED BECAUSE IT WOULD BE INEQUITABLE TO IMPOSE A PENALTY ON US DUE TO THE UNUSUAL CIRCUMSTANCES REQUIRING US TO DELAY THE FILING OF THIS RETURN.