2011-05-13T08:07:02-05:00 2010-06-30 RSM MCGLADREY INC 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2009-07-01 520591510 CALVERT SCHOOL INC CALV 4102436054 105 TUSCANY ROAD BALTIMORE MD 21210 Joseph P McGraw 4102436054 2011-05-13 1 JULIA FLANNERY 4102469300 2009 2016-02-24 21:20:13Z andrew d martire 105 TUSCANY ROAD BALTIMORE MD 21210 47230326 0 X WWW.CALVERTSCHOOLMD.ORG X 1897 MD Calvert School is dedicated to educating boys and girls through its time-tested method of teaching and its rigorous curriculum. Particular emphasis is given to mastering essential skills, inspiring a lifelong love of learning, and instilling enthusiasm, responsibility, and self-discipline. Calvert seeks to develop students of high academic achievement, intellectual curiosity, and strong moral character within a supportive and diverse community. 18 16 288 150 328340 119143 1077785 961777 24017176 25120270 -979132 223061 2556 12270 24118385 26317378 1125191 1397189 0 14858358 15660405 0 438479 13283292 13075380 29266841 30132974 -5148456 -3815596 78765702 80979031 20577501 22979391 58188201 57999640 Calvert School is dedicated to educating boys and girls through its time-tested method of teaching and its rigorous curriculum. Particular emphasis is given to mastering essential skills, inspiring a lifelong love of learning, and instilling enthusiam, responsibility, and self-discipline. Calvert seeks to develop students of high academic achievement, intellectual curiosity, and strong moral character within a supportive and diverse community. 0 0 9719611 1093370 10608184 Day School - 552 students attend Calvert School in Baltimore, Maryland. There are 10 grades from pre-kindergarten through eighth grade. 5397533 290894 7084801 CES - Private Pay Families - make individual decisions to pursue home schooling and elect to pay for their own education services. They have access to our grade-level placement testing, and receive a complete curriculum including lesson manuals, which outline all daily work, and the live teaching support of an Education Counselor. They have the option of enrolling in the Advisory Teaching Service, a testing and assessment service, which allows them to submit periodic tests and receive informed grade assessment and coaching. This qualifies them to receive a transcript and certificate of completion. 4862379 6347533 CES - Group Partners - receive the same Calvert materials and services provided to private pay families. The partner school retains the student on their rolls and controls the related per-student finances. In addition to the materials and services received by private pay families, Calvert provides technology to support student supervision, communications, and academic tracking. In addition, Calvert develops supplemental curriculum to meet local standards, provides teacher training, and participates as a member of the professional learning community which provides student instruction and support. 434926 502432 CES - Calvert Public Virtual - Calvert School works in partnership with local virtual public schools which are separate 501(C)(3) nonprofit corporations. Calvert provides all the materials, services, technology, professional development, and participates in the professional learning community in the same way as it does for Group partners. In addition, Calvert School offers management services to these schools, which are reported as unrelated business income. 936306 12925 577320 Verticy Learning is a specialized curriculum option for children with language based learning disabilities. It was developed through a joint learning initiative with Jemicy School, a not for profit with 39 years of experience in supporting this profile of student in a classroom environment. The program uses the distance learning competencies of Calvert School, the Calvert curriculum and services, and combines these with the specialized instruction competency of Jemicy. This program is used by our partner schools and our private pay families and enjoys the same services and some of the same materials. 1371232 12925 1079752 21350755 1 1 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 121 1 1 288 1 1 1 1 CJ 0 0 0 0 0 0 0 18 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X JOSEPH P MCGRAW 4102436054 105 TUSCANY ROAD BALTIMORE MD 21210 CARVILLE B COLLINS ESQ 2.00 X X 0 0 0 ROBERT G BLUE ESQ 2.00 X X 0 0 0 JANET E MCHUGHESQ 2.00 X X 0 0 0 GINA ADAMS 2.00 X 0 0 0 DAVID ALLAN 2.00 X 0 0 0 H WARD CLASSEN ESQ 2.00 X 0 0 0 FRED CROZIER 2.00 X 0 0 0 MARK A DEWIRE ESQ 2.00 X 0 0 0 JAMES G EBELING MD 2.00 X 0 0 0 F WHITINGTON FOSTER 2.00 X 0 0 0 JOSEPH HABERMAN 2.00 X 0 0 0 WILLIAM S HARRISON 2.00 X 0 0 0 EDWARD G HART III 2.00 X 0 0 0 PRISCILLA HOBLITZELL 2.00 X 0 0 0 DAVID S KNIPP 2.00 X 0 0 0 LEE H RILEY III MD 2.00 X 0 0 0 JAMES B STRADTNER 2.00 X 0 0 0 STUART M SUTLEY 2.00 X 0 0 0 ANDREW D MARTIRE 40.00 X 311042 0 70606 JOSEPH P MCGRAW 40.00 X 147019 0 53622 JEAN C HALLE 40.00 X 258642 0 56344 STEVEN BROWN 40.00 X 177186 0 54154 Irving Quimby 40.00 X 116065 0 10091 MICHAEL CM WILMETH 40.00 X 109933 0 26518 DAVID CLAPP 40.00 X 116121 0 26353 GLORIA JULIUS 40.00 X 173179 0 5155 R BRADY LOCHER JR 40.00 X 165547 0 42033 1574734 0 344876 9 0 1 0 CHARTWELLS COMPASS GROUP USA PO BOX 91337 CHICAGO IL 60693 FOOD SERVICES 616274 tuscany group 323 tuscany road baltimore MD 21210 business consulting 161335 osiris group inc 3624 market street philadelphia PA 19104 web development 113050 3 11052 950725 101522 961777 SCHOOL TUITION 511190 24578886 24250546 328340 misc income & fees 900099 210876 210876 AFTER SCHOOL CARE 611710 210610 210610 SUMMER CAMPS 611710 77733 77733 SCHOOL CLUBS 611710 34315 34315 7850 7850 25120270 933637 933637 2910 2910 2910 2910 20126360 17542 20845612 8866 -719252 8676 -710576 -710576 55530 11052 53270 2260 2260 12300 5200 7100 7100 26317378 24791930 328340 235331 1397189 1397189 1135852 755255 352115 28482 10505082 6985077 3256576 263429 334952 222718 103835 8399 2913723 1937403 903254 73066 770796 512520 238947 19329 147679 120736 26943 44365 44365 99317 99317 703060 642223 60837 354420 337517 16903 1133157 874859 251086 7212 1600471 1433017 151019 16435 69612 69612 1517890 1517890 112969 110072 2897 75292 55179 20113 354314 354314 1413392 1413392 216071 101777 114294 incOME TAX EXPENSE 308 308 HOME SCHOOL-PRIVATE PAY 4056375 4056375 BAD DEBT 503247 503247 STUDENT SERVICES 179676 179676 MISCELLANEOUS 145312 69799 72777 2736 348453 76359 252703 19391 30132974 21350755 8343740 438479 2050 1450 4769024 4779776 188408 150131 447793 1720662 288590 288590 202000 382873 5417115 5514921 440915 455035 40627320 10928259 30858619 29699061 31238680 31328631 3038886 4717548 1873622 1940353 78765702 80979031 6630088 7665193 1947413 3714198 12000000 11600000 20577501 22979391 X 53243239 53049797 1150062 921597 3794900 4028246 58188201 57999640 78765702 80979031 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 1.00 1 1 0 5.00 1 33122223 173371 3805001 1727447 35373148 43242907 478323 -7781765 2817242 33122223 0.88680 0.11320 0 0 11532118 11532118 22530577 5772763 16757814 6564625 5155496 1409129 29699061 LIMITED PARTNERSHIPS 3490786 C perpetual charitable trust 1226762 C 4717548 26317378 30132974 -3815596 4139767 -512732 3627035 -188561 29005233 4139767 53270 4193037 24812196 99317 1405865 1505182 26317378 28681062 53270 53270 28627792 99317 1405865 1505182 30132974 Part II, Line 9: Description of How Organization Reports Conservation Easements: assets are recorded at cost AND INCLUDED IN THE VALUE OF LAND ON THE SCHOOL'S BALANCE SHEET. THERE ARE no revenues or expenses related to the easement. Part V, Line 4: Description of Intended Use of Endowment Funds: to support specific purposes identified by donors and the overall operation of the school. Part X: Description of Uncertain Tax Positions Under FIN 48: Part X: When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. As of June 30, 2010 and 2009, and for the years then ended, there are no material unrecognized/derecognized tax benefits or tax penalties or interest. The School is no longer subject to U.S. federal and state income tax examinations by tax authorities before 2006. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above would be reflected as a liability for unrecognized tax benefits in the accompanying statements of financial position along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized tax benefits would be classified as additional income taxes in the statements of activities. Part XI, Line 8 - Other Adjustments: PENSION RELATED CHANGES: -512732. Part XII, Line 2d - Other Adjustments: fundraising expense netted on the financial statement: 53270. Part XII, Line 4b - Other Adjustments: FINANCIAL AID EXPENSES NETTED WITH TUiTION ON FINANCIAL STATEMENTS: 1397189. gain on disposal netted with expenses on financial statements: 8676. Part XIII, Line 2d - Other Adjustments: fundraising expense netted on the financial statement: 53270. Part XIII, Line 4b - Other Adjustments: FINANCIAL AID EXPENSES NETTED WITH TUiTION ON FINANCIAL STATEMENTS: 1397189. gain on disposal netted with expenses on financial statements: 8676. 1 1 1 NONDISCRIMINATORY POLICY IS PUBLISHED IN SCHOOL BROCHURES, APPLICATIONS FOR ADMISSION AND IN THE LOCAL TRADE NEWSPAPERS AND PERIODICALS. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 golf tournament 25840 10950 14890 1820 5894 12000 9883 corks for calvert 40742 102 40640 5000 439 7878 10356 66582 11052 55530 6820 6333 19878 20239 53270 2260 1 financial aid 128 1397189 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: ALL GRANTS REDUCE THE TUITION BILL OF STUDENTS. NO CASH IS GIVEN DIRECTLY TO STUDENTS. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 ANDREW D MARTIRE 266328 0 0 0 44714 0 22518 0 50548 0 384108 0 0 0 JOSEPH P MCGRAW 147019 0 0 0 0 0 16414 0 39499 0 202932 0 0 0 JEAN C HALLE 258642 0 0 0 0 0 39656 0 20002 0 318300 0 0 0 STEVEN BROWN 177186 0 0 0 0 0 41202 0 16154 0 234542 0 0 0 GLORIA JULIUS 173179 0 0 0 0 0 5155 0 1375 0 179709 0 0 0 R BRADY LOCHER JR 165547 0 0 0 0 0 25845 0 17153 0 208545 0 0 0 Part I, Line 1a andrew martire, The head master, receives these benefits. they include $7,856 of tax indemnification and gross up payments that are included in his taxable wages, nontaxable social club dues of $435, and $14,000 in nontaxable benefits for housing and personal services. andrew d martire deferred compensation related X 318840 288590 0 1 1 288590 financial aid 4800 financial aid 6600 X 29 101522 fair market value 0 1 0 Form 990, Part VI, Section B, line 11 The School's financial managers and staff provide the necessary information to prepare the tax return. A committee of four Board members with financial backgrounds and knowledge of the school's financial reporting review a draft of the completed return prior to filing the return. The entire Board of Trustees receives a PUBLIC DISCLOSURE copy of the return WITH THE CONFIDENTIAL INFORMATION AVAILABLE UPON REQUEST before it is filed with the IRS. Form 990, Part VI, Section B, line 12c All Board of Trustee members and top management officials annually complete a conflict of interest disclosure statement. The statement requires disclosure of "any matter that the Board member believes may involve a possible conflict of interest and shall thereafter supplement such annual written disclosure with information pertaining to conflicts of interest arising after the annual disclosure has been filed." Form 990, Part VI, Section B, line 15 The School has a Compensation Committee comprised of two Board members and a former Board member. The Committee meets annually to review the COMPENSATION OF TOP MANAGEMENT OFFICIALS AND REVIEWS written employment contracts WHEN RENEWED OR REVISED. An independent consultant is hired to prepare a market study report of compensation packages of comparable school's management. The Committee reviews the performance of management and the independent consultant's report. The Compensation Committee approveS the compensation plans. Form 990, Part VI, Section C, line 19 All documents are made avaiLable upon request.