2011-06-29T16:11:40-05:00 2010-08-31 Marks Paneth & Shron LLP 622 Third Avenue New York NY 10017 990 2009-09-01 131393610 THE TOWN SCHOOL INC TOWN 2122884383 540 EAST 76TH STREET NEW YORK NY 10021 FREDA GIMPEL 2122884383 2011-06-29 1 2125038800 2009 2016-02-24 21:20:13Z FREDA GIMPEL 540 EAST 76TH STREET NEW YORK NY 10021 42017959 0 X www.thetownschool.org X 1934 NY The Town School is committed to elementary coeducation, serving students in nursery through eighth grade. As we embrace high academic and ethical standards for each student, we are guided by our school motto, "let there be joy in learning." Town's program balances the traditional and the innovative, emphasizing excellence in academics and a thorough exposure to the arts and physical education. We teach children to think creatively, read critically and reason logically, stressing the value of both individual learning and collaboration. We are committed to diversity, teaching students to be inclusive and to respect themselves and others. Students leave Town as well-rounded, articulate, resilient and morally responsible individuals. They are prepared to meet the challenges of a demanding secondary education and continue on the path of lifelong learning. 26 23 244 50 0 0 4345492 3837496 13018995 13599793 -2286091 556535 16862 144589 15095258 18138413 1282200 1504900 0 9899538 10332609 407956 175299 731661 3819839 3846525 15409533 15859333 -314275 2279080 41889896 46193972 11427625 12276445 30462271 33917527 The Town School is committed to elementary coeducation, serving students in nursery through eighth grade. As we embrace high academic and ethical standards for each student, we are guided by our school motto, let there be joy in learning. Town's program balances the traditional and the innovative, emphasizing excellence in academics and a thorough exposure to the arts and physical education. We teach children to think creatively, read critically and reason logically, stressing the value of both individual learning and collaboration. We are committed to diversity, teaching students to be inclusive and to respect themselves and others. Students leave Town as well-rounded, articulate, resilient and morally responsible individuals. They are prepared to meet the challenges of a demanding secondary education and continue on the path of lifelong learning. 0 0 12614380 1504900 13599793 THE TOWN SCHOOL'S PROGRAM BALANCES THE TRADITIONAL AND THE INNOVATIVE, EMPHASIZING EXCELLENCE IN ACADEMICS AND A THOROUGH EXPOSURE TO THE ARTS AND PHYSICAL EDUCATION. TOWN IS COMMITTED TO DIVERSITY, TEACHING STUDENTS TO BE INCLUSIVE AND TO RESPECT THEMSELVES AND OTHERS. EMBRACING THE IDEA THAT CHILDREN LEARN DIFFERENTLY THAN HIGH SCHOOL STUDENTS OR ADULTS, THE TOWN SCHOOL IS COMMITTED TO THEIR NURSERY THROUGH EIGTH GRADE (N-8) STRUCTURE. TOWN'S CURRICULA AND TEACHING METHODS ARE DIFFERENT FROM THOSE OF OTHER PROGRAMS, BALANCING THE RIGHT COMBINATION OF ACADEMIC CHALLENGE AND NURTURING SUPPORT AT EACH GRADE LEVEL. THE EMPHASIS IS ON DISCOVERY, EXPLORATION, AND SOCIAL GROWTH INHERENT IN CHILDREN, ENABLED BY A CLASSROOM SETUP AND TEACHING STYLE THAT EMPOWERS STUDENTS TO SPEAK UP AND PARTICIPATE. THE TEACHERS, WHO SERVE AS MENTORS AND FACILITATORS RATHER THAN LECTURERS, APPRECIATE THE UNIQUENESS OF CHILDHOOD AND FOSTER THE INDIVIDUALITY OF EVERY STUDENT. STUDENTS GRADUATE FROM TOWN AS WELL-ROUNDED, ARTICULATE, RESILIENT, AND MORALLY RESPONSIBLE INDIVIDUALS. THEY ARE PREPARED TO MEET THE CHALLENGES OF A DEMANDING SECONDARY EDUCATION AND CONTINUE ON THE PATH OF LIFELONG LEARNING. THE TOWN SCHOOL FACULTY TO STUDENT RATIO IS ONE TO SIX, INCLUDING MATH AND READING SPECIALISTS, GUIDANCE COUNSELORS, AND A DIRECTOR OF DIVERSITY. THE RIVERFRONT BUILDING PROVIDES THE IDEAL ENVIRONMENT FOR WELCOMING AND ENRICHING CHILDREN'S NATURAL CURIOSITY. FACILITIES INCLUDE THREE CONNECTED BUILDINGS HOUSING A STATE-OF-THE-ART LIBRARY/TECHNOLOGY CENTER IN THE HEART OF THE SCHOOL, MODERN SCIENCE LABS, ROOMY LIGHT-FILLED CLASSROOMS, MANY OF WHICH HAVE RIVER VIEWS, FULLY EQUIPPED ART CLASSROOMS, A LARGE GYM, TWO LARGE PLAY TERRACES, AND A LARGE, RECENTLY RENOVATED AUDITORIUM. THE TOWN SCHOOL RECOGNIZEs THE IMPORTANCE OF THE RELATIONSHIP BETWEEN PARENTS AND THEIR CHILD'S SCHOOL. TOWN OFFERS A PARENT EDUCATON PROGRAM TO INTRODUCE THE TOWN CURRICULUM AND THE DEVELOPMENTAL NEEDS OF CHILDREN AT EACH GRADE LEVEL. IN ADDITION, THE TOWN SCHOOL OPERATES SUMMER SCHOOL, AFTER SCHOOL PROGRAMS (INCLUDING CLUBHOUSE, POSTSCRIPT, AND INDIVIDUAL INSTRUMENTAL LESSONS), AND DAY CARE PROGRAMS THAT ENHANCE THE REGULAR SCHOOL CURRICULUM PROVIDED TO THE STUDENTS. THE TOWN SCHOOL IS ACCREDITED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. 12614380 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 1 244 1 0 0 0 0 0 1 1 0 0 0 26 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FREDA GIMPEL 2122884383 540 EAST 76TH STREET NEW YORK NY 10021 CHRISTOPHER MARBLO 40.00 X X 449680 0 182577 CHARLES FOURNIER 5.00 X X 0 0 0 eileen aptman 1.00 X 0 0 0 BRADFORD BERNSTEIN 1.00 X 0 0 0 danielle billera 1.00 X 0 0 0 MARK EDISON 1.00 X 0 0 0 nuno fernandes 1.00 X 0 0 0 PATRICK FLYNN 1.00 X 0 0 0 nisa frank 1.00 X 0 0 0 CINDY GILSTON 3.00 X 0 0 0 TIMOTHY GOODELL 1.00 X 0 0 0 CECILIA GREENE 1.00 X 0 0 0 AMIE LEIB KREISBERG 1.00 X 0 0 0 JONATHAN LEVINE 1.00 X 0 0 0 ALIKHAN MORGAN 1.00 X 0 0 0 NEAL MOSZKOWSKI 1.00 X 0 0 0 JACQUELINE Y PELZER 1.00 X 0 0 0 SANAM QURAISHI 1.00 X 0 0 0 ANDREA RACKOW 40.00 X 66019 0 16865 jennifer saul rich 1.00 X 0 0 0 neil rubler 1.00 X 0 0 0 anne scavone 1.00 X 0 0 0 chris m smith 1.00 X 0 0 0 bethany stallings 40.00 X 101251 0 19202 MARC STERN 3.00 X 0 0 0 lisa velazquez 1.00 X 0 0 0 FREDA GIMPEL 40.00 X 185819 0 16980 MELISSA BAUMAN 40.00 X 150272 0 26324 MATTHEW BIELACZYZ 40.00 X 133566 0 19557 NATASHA SAHADI 40.00 X 127140 0 23791 JOAN SOKOTCH 40.00 X 140113 0 24088 claudie tanenbaum 40.00 X 117491 0 18003 WILLIAM WALSH 40.00 X 117848 0 21682 1589199 0 369069 9 0 1 0 fahey design build 306 West 37th Street 13th floor no new YORK NY 10018 construction contractor 843910 cater to you 517 East 77th St nEW YORK NY 10075 food service 284319 COMMUNITY COUNSELING SERVICE CO LLC 461 FIFTH AVENUE THIRD FLOOR NEW YORK NY 10017 fundraising consultant 171250 whlen berez group 209 heyers mill road colts neck NJ 07722 furniture & facility services 135702 4 68465 3769031 28713 3837496 TUITION 611710 12496900 12496900 SUMMER SCHOOL PRGM 611710 464585 464585 BREAKTHROUGH PROGRAMS 611710 452730 452730 AFTER SCHOOL PRGM 611710 107261 107261 DAYCARE PRGM 611710 44095 44095 34222 34222 13599793 38023 38023 24398058 23879546 518512 518512 518512 OTHER REVENUE 900099 144589 144589 144589 18138413 13599793 0 701124 1504900 1504900 1106923 437665 435936 233322 7237362 6042853 1027315 167194 428658 389599 37945 1114 1010135 745503 213070 51562 549531 463696 73045 12790 88434 88434 175299 175299 307318 266360 40958 261501 209201 52300 557654 446123 83648 27883 85736 68589 12860 4287 EDUCATIONAL MATERIALS 609582 609582 BREAKTHROUGH PROGRAM 557516 557516 AUXILIARY PROGRAM 461418 461418 miscellaneous 234710 49656 175290 9764 FOOD SERVICE 224224 224224 458432 403855 47089 7488 15859333 12614380 2513292 731661 2699476 1886394 5797486 5844605 2393610 3412050 3900743 4016986 272496 256040 13940954 5992007 6638271 7948947 16918532 18852359 3269282 3976591 41889896 46193972 412605 620945 11015020 11655500 11427625 12276445 X 25833724 28240043 2343343 3392280 2285204 2285204 30462271 33917527 41889896 46193972 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22876871 5582030 1694688 953183 29200406 22741859 3766241 -2703829 58047 869353 22876871 0.84500 0.15500 0 0 210000 210000 12787136 5545619 7241517 943818 446388 497430 7948947 COMMONFUND CAPITAL PARTNERS 2000, LP 1195818 F COMMONFUND GLOBAL DISTRESSED INVESTORS LLC 1644432 F COMMONFUND GLOBAL DISTRESSED PARTNERS III, LLP 1136341 F 3976591 18138413 15859333 2279080 1176176 1176176 3455256 17809689 1176176 1176176 16633513 1504900 1504900 18138413 14354433 0 14354433 1504900 1504900 15859333 Part V, Line 4: Description of Intended Use of Endowment Funds: ENDOWMENT FUNDS ARE USED FOR FACULTY PROFESSIONAL DEVELOPMENT AND STUDENT FINANCIAL AID. Part X: Description of Uncertain Tax Positions Under FIN 48: Effective September 1, 2009, the School adopted the provisions of FASB Accounting Standards Codification ("ASC") 740, which provides standards for establishing and classifying any uncertain tax positions. The adoption of ASC 740 did not have an effect on the School's financial position as of September 1, 2009 or the School's change in net assets and cash flows for the year ended August 31, 2010. The School is no longer subject to federal or state and local income tax examinations by tax authorities for years before 2007. Part XII, Line 4b - Other Adjustments: FINANCIAL AID: 1504900. Part XIII, Line 4b - Other Adjustments: FINANCIAL AID: 1504900. 1 1 1 THE SCHOOL PUBLISHES ITS NON-DISCRIMINATION POLICY IN VARIOUS SCHOOL PUBLICATIONS. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 TOWN SCHOOL RECEIVES FINANCIAL ASSISTANCE FROM NEW YORK STATE. 1 0 COMMUNITY COUNSELLING SERVICE CO LLC PLANNING AND ORGANIZING A MAJOR FUND-RAISING CAMPAIGN 0 2323383 171250 2152133 2323383 171250 2152133 1 FINANCIAL AID 70 1504900 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: ALL GRANTEES ARE STUDENTS WHO ATTEND THE SCHOOL, AND THEIR AWARDS DEFRAY THEIR DIRECT EDUCATIONAL EXPENSES. AS SUCH, THE PROGRESS OF THE GRANTEES IS MONITORED BY TEACHERS AND ADMINISTRATORS ON A DAILY BASIS. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER MARBLO 449680 0 0 0 0 0 168500 0 14077 0 632257 0 325505 0 FREDA GIMPEL 185819 0 0 0 0 0 5203 0 11777 0 202799 0 132998 0 MELISSA BAUMAN 150272 0 0 0 0 0 15027 0 11297 0 176596 0 55799 0 MATTHEW BIELACZYZ 133566 0 0 0 0 0 7480 0 12077 0 153123 0 101415 0 NATASHA SAHADI 127140 0 0 0 0 0 12714 0 11077 0 150931 0 100621 0 JOAN SOKOTCH 140113 0 0 0 0 0 14011 0 10077 0 164201 0 115134 0 X 6 28713 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): The Town School devised the number of contributors based on the actual number of contributors and not the number of in-kind donations. Form 990, Part VI, Section B, line 11 THE FORM 990 IS REVIEWED IN DETAIL BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE, THEN PROVIDED TO THE BOARD OF DIRECTORS FOR COMMENT AND REVIEW PRIOR TO FILING. Form 990, Part VI, Section B, line 12c THE BOARD MEMBERS NOTIFY THE CHAIR IMMEDIATELY UPON NONCOMPLIANCE OF THE POLICY. Form 990, Part VI, Section B, line 15 THE ORGANIZATION USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY, AND APPROVAL BY THE BOARD TO DETERMINE THE COMPENSATION OF THE CEO. THE CEO THEN DETERMINES THE COMPENSATION FOR ALL OTHERS utilizing industry and peer group comparative data. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI LINE 2C PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.