2026-05-01T13:20:08-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-07-01 112611384 THE BERKELEY CARROLL SCHOOL BERK 7185346579 152 STERLING PLACE BROOKLYN NY 11217 LISA YVETTE WALLER PHD HEAD OF SCHOOL 7185346579 2026-05-01 1 1 MELISSA MODELSON P01603524 9143818900 2026-05-01 2024 2025-03-06 01:10:19Z LISA YVETTE WALLER PHD 152 STERLING PLACE BROOKLYN NY 11217 68271676 0 X WWW.BERKELEYCARROLL.ORG X 1982 NY TO PROVIDE PRIMARY AND SECONDARY EDUCATION THROUGH A DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12, WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. 24 21 541 286 0 0 2052336 2064889 60172289 63068711 1169547 2342347 462135 324348 63856307 67800295 10270041 10860698 0 0 35637760 37835776 0 0 1674337 16893914 17532340 62801715 66228814 1054592 1571481 107965847 119716415 50552157 58869513 57413690 60846902 X A PASSION FOR LEARNING IS AT THE HEART OF BERKELEY CARROLL. THE SCHOOL IS AN INTELLECTUAL, CREATIVE AND EQUITABLE COMMUNITY WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS. OUR DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE PREPARE OUR DIVERSE GRADUATES FOR SUCCESS IN COLLEGE AND FOR THE GREATER ENDEAVOR A LIFE OF CRITICAL, ETHICAL AND GLOBAL THINKING. 0 0 58020037 10860698 60887227 THE BERKELEY CARROLL SCHOOL PROVIDES PRIMARY AND SECONDARY EDUCATION TO ITS STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE. THE SCHOOL HAD 1,004 STUDENTS IN THE FY 2024-25 716086 0 681949 THE SCHOOL OFFERS TWO SUMMER PROGRAMS THAT RUN FROM JULY THROUGH AUGUST OF EACH YEAR. ENROLLMENT FOR BOTH PROGRAMS TOTALED 872 CHILDREN IN THE FY 2024-2025 YEAR. 713547 0 1499535 THE SCHOOL OPERATES AN ATHLETIC CENTER THAT OFFERS AFTERSCHOOL AND WEEKEND GYM AND SWIMMING CLASSES TO ITS STUDENTS AND THE COMMUNITY. 59449670 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 216 0 541 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KAREN BENSON 7185346579 152 STERLING PLACE BROOKLYN NY 11217 JULIE KAY CO -CHAIR 10.00 X X 0 0 0 JAMES SHIPP CO -CHAIR 10.00 X X 0 0 0 JULIE KWON CO-VICE CHAIR 10.00 X X 0 0 0 ALEX RAPPAPORT CO-VICE CHAIR 10.00 X X 0 0 0 JAMES MORGANO SECRETARY 10.00 X X 0 0 0 ROBERT DUNPHY TREASURER 10.00 X X 0 0 0 JUAN BARAHONA TRUSTEE 3.00 X 0 0 0 STACIE BILLIS TRUSTEE 3.00 X 0 0 0 SUSAN CHAPMAN-HUGNES TRUSTEE 3.00 X 0 0 0 LILLIAN CHEGE TRUSTEE 3.00 X 0 0 0 BRIAN EZRA TRUSTEE 3.00 X 0 0 0 LIISA FIEDELHOLTZ TRUSTEE 3.00 X 0 0 0 DENISE GAMBLE TRUSTEE 3.00 X 0 0 0 NANCY HART TRUSTEE 3.00 X 0 0 0 PATTY HIRSCH TRUSTEE 3.00 X 0 0 0 KATYA JESTIN TRUSTEE 3.00 X 0 0 0 BRIYANA MARTIN TRUSTEE 3.00 X 0 0 0 MORAD MASJEDI TRUSTEE 3.00 X 0 0 0 ALEXA ROBINSON TRUSTEE 3.00 X 0 0 0 COLBY SYNESAEL TRUSTEE 3.00 X 0 0 0 MARIA TORRES-SPRINGER TRUSTEE 3.00 X 0 0 0 MICHAEL WEAVER TRUSTEE 3.00 X 0 0 0 UFASAHA YARISH TRUSTEE 3.00 X 0 0 0 ELLEN YOM TRUSTEE 3.00 X 0 0 0 PRASHANT MUPPARAPU TRUSTEE, THRU OCTOBER 2024 3.00 X 0 0 0 LISA WALLER PHD HEAD OF SCHOOL 60.00 X 760310 0 231187 KAREN BENSON CHIEF FINANCIAL OFFICER 60.00 X 291351 0 69146 JANE MOORE UPPER SCHOOL DIRECTOR 50.00 X 255022 0 60767 BRANDIE MELENDEZ-PINTI ASSISTANT HEAD OF SCHOOL 50.00 X 268770 0 24782 EMILY BOYD BRUNER QUAY DIRECTOR OF ADVANCEMENT 50.00 X 235446 0 31960 KELLY LYNETTE GRIMMETT LOWER SCHOOL DIRECTOR 40.00 X 221313 0 13446 YABOME KABIA CASPER MIDDLE SCHOOL DIRECTOR 50.00 X 244647 0 37332 STEPHEN MAK PHD ASSISTANT HEAD OF SCHOOL FOR PROGRAM INNOVATION 50.00 X 237633 0 29454 SABRINA HARRIS DIRECTOR OF OPERATIONS 50.00 X 180894 0 11651 ANNE GUNNING CHAIR OF PHYSICAL EDU AND ASSISTANT ATHLETIC DIRECTOR 40.00 X 179455 0 34390 VANESSA PRESCOTT DIRECTOR OF ENROLLMENT MANAGEMENT 40.00 X 183942 0 38069 CAROLYN MIDDLETON DIR. OF COLLEGE COUNSELLING 40.00 X 206576 0 33241 SCOTT RUBIN ASSIST. DIRECTOR OF THE UPPER SCHOOL 40.00 X 182467 0 57146 RAHMEL HUFFMAN ATHLETICS DIRECTOR 40.00 X 164063 0 18453 3611889 0 691024 110 0 1 0 ARCHSTONE BUILDERS LLC 242 WEST 30TH STREET NEW YORK NY 10001 CONSTRUCTION CONTRACTOR 6632277 ARJ TRANSPORTATION 431 N COURTLAND STREET EAST STROUDSBURG PA 18301 BUS SERVICE 2749803 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES 1612796 1100 ARCHITECT PC 242 WEST 30TH STREET NEW YORK NY 11217 ARCHITECT SERVICE 1052434 LASI SECURITY COMPANY INC 822 UTICA AVENUE STE 2F BROOKLYN NY 11203 SECURITY SERVICES 658653 12 539715 1525174 130171 2064889 STUDENT TUITION AND FEES 611110 59616676 59616676 AUXILIARY SERVICES 611110 3095676 3095676 FEES/FINANCE CHARGES 611110 356359 356359 63068711 1508989 1508989 229859 42122 187737 187737 187737 1249845 416487 833358 833358 833358 2548 12772 -10224 -10224 INSURANCE REIMBURSEMENT 900099 112881 112881 MISCELLANEOUS INCOME 900099 33954 33954 146835 67800295 63068711 0 2666695 10860698 10860698 3306045 2550972 651855 103218 27468436 25320600 1444604 703232 1395779 1293261 68791 33727 3601750 3321914 194904 84932 2063766 1874232 136162 53372 173435 173435 84765 84765 897802 293584 604218 25089 2887 19315 2887 522028 417515 49817 54696 1109342 780009 232457 96876 1141288 977446 131937 31905 2822599 2819283 1658 1658 805360 604020 161072 40268 3130639 2347979 626128 156532 590265 442699 118053 29513 INSTRUCTIONAL EXPENSES 4097905 4097905 REPAIR AND MAINTENANCE 1033421 918469 73885 41067 PROFESSIONAL DEVELOPMEN 410275 369248 41027 SCHOOLWIDE EVENTS 394479 99351 55420 239708 293648 57598 235304 746 66228814 59449670 5104807 1674337 461244 873652 17129560 10832628 35870 1525 403941 196415 741976 850071 115342883 41629164 59824703 73713719 29082847 32659361 285705 589044 107965847 119716415 6017050 6342314 10156113 10490490 32315952 34235607 1847542 7709938 215500 91164 50552157 58869513 X 48294154 50632205 9119536 10214697 57413690 60846902 107965847 119716415 X 1571481 1884842 -23110 X X 0 1 X 1 0 X 2037232 6958606 1763074 2052336 2064889 14876137 2037232 6958606 1763074 2052336 2064889 14876137 14876137 382901 593493 968833 1454919 1738848 5138994 65331 95957 78017 217721 146835 603861 20618992 280946048 0.72150 0.75860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 34,768. 2021 AMOUNT: $ 75,291. 2022 AMOUNT: $ 78,017. 2023 AMOUNT: $ 110,624. 2024 AMOUNT: $ 33,954. TAX REFUND - 2020 AMOUNT: $ 30,563. 2021 AMOUNT: $ 20,666. REFUNDS/REIMBURSEMENTS - 2023 AMOUNT: $ 107,097. INSURANCE REIMBURSEMENT - 2024 AMOUNT: $ 112,881. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21944196 653410 3217097 671486 25143217 18785432 643545 3100374 585155 21944196 14661583 2480186 2157311 513648 18785432 16040610 1631883 -2541727 469183 14661583 12355503 322302 3575961 213156 16040610 0.59960 0.19290 0.20750 0 0 4126000 4126000 80106573 36313153 43793420 8020246 5303486 2716760 23090064 12525 23077539 73713719 DEFERRED COMPENSATION 91164 91164 X 58856223 1884842 54894 1939736 56916487 10883808 10883808 67800295 55423011 54894 54894 55368117 10860698 10860698 66228815 PART V, LINE 4: THE SCHOOL'S ENDOWMENT IS USED TO PROVIDE NEED-BASED FINANCIAL AID FOR STUDENTS, PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF, AND TO SUPPORT OTHER INSTRUCTIONAL PROGRAMS. PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 42,122. COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 12,772. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID NETTED AGAINST REVENUE 10,860,698. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 23,110. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 42,122. COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 12,772. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID NETTED AGAINST REVENUE 10,860,698. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS NONDISCRIMINATION POLICY IN ALL ARENAS THAT THE SCHOOL ADVERTISES DURING ITS ADMISSIONS SEASON. THE SCHOOL ALSO ANNUALLY PUBLISHES ITS NONDISCRIMINATION POLICY IN THE EMPLOYEE HANDBOOK AND STUDENT PARENT HANDBOOK AS WELL AS POSTS THE POLICY ON THE LANDING PAGE OF ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES AN ANNUAL GRANT FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION BASED ON THE ATTENDANCE OF THE SCHOOL BODY. (MANDATED SERVICES AID). 1 SCHOLARSHIPS AND FINANCIAL AID 235 10860698 PART I, LINE 2: STUDENT AID IS AWARDED ON AN ANNUAL BASIS BASED ON THE NEED OF THE FAMILY. THE FOLLOWING PROCEDURES ARE FOLLOWED WHEN GRANTING AID: PARENTS START THE APPLICATION PROCESS BY SUBMITTING AN APPLICATION TO TADS (TUITION AID DATA SERVICES) WHICH PROVIDES AN INDEPENDENT OPINION OF AN APPROPRIATE NEED BASED AWARD AMOUNT TO THE SCHOOL. THE SCHOOL'S FINANCIAL AID COMMITTEE THEN REVIEWS THE APPLICATION AND OTHER RELEVANT DOCUMENTATION, ALONG WITH THE RECOMMENDATION BY TADS AND DETERMINES THE FINANCIAL AID AMOUNT TO BE AWARDED TO EACH STUDENT. ONCE AID IS GRANTED, THE AID IS APPLIED TO THE STUDENT'S ENROLLMENT CONTRACT AND ANY OTHER AUXILIARY SERVICES, REDUCING THE TOTAL AMOUNT OF TUITION AND/OR AUXILIARY SERVICES TO BE PAID BY THE FAMILY TO THE SCHOOL. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 LISA WALLER PHD HEAD OF SCHOOL 737310 0 0 0 23000 0 53336 0 177851 0 991497 0 0 0 KAREN BENSON CHIEF FINANCIAL OFFICER 291351 0 0 0 0 0 18534 0 50612 0 360497 0 0 0 JANE MOORE UPPER SCHOOL DIRECTOR 255022 0 0 0 0 0 21216 0 39551 0 315789 0 0 0 BRANDIE MELENDEZ-PINTI ASSISTANT HEAD OF SCHOOL 268770 0 0 0 0 0 21216 0 3566 0 293552 0 0 0 YABOME KABIA CASPER MIDDLE SCHOOL DIRECTOR 244647 0 0 0 0 0 18360 0 18972 0 281979 0 0 0 EMILY BOYD BRUNER QUAY DIRECTOR OF ADVANCEMENT 235446 0 0 0 0 0 14688 0 17272 0 267406 0 0 0 STEPHEN MAK PHD ASSISTANT HEAD OF SCHOOL FOR PROGRAM 237633 0 0 0 0 0 14321 0 15133 0 267087 0 0 0 CAROLYN MIDDLETON DIR. OF COLLEGE COUNSELLING 206576 0 0 0 0 0 14880 0 18361 0 239817 0 0 0 SCOTT RUBIN ASSIST. DIRECTOR OF THE UPPER SCHOOL 182467 0 0 0 0 0 14321 0 42825 0 239613 0 0 0 KELLY LYNETTE GRIMMETT LOWER SCHOOL DIRECTOR 221313 0 0 0 0 0 13158 0 288 0 234759 0 0 0 VANESSA PRESCOTT DIRECTOR OF ENROLLMENT MANAGEMENT 183942 0 0 0 0 0 18870 0 19199 0 222011 0 0 0 ANNE GUNNING CHAIR OF PHYSICAL EDU AND ASSISTANT ATHLETIC DIRECTOR 179455 0 0 0 0 0 14233 0 20157 0 213845 0 0 0 SABRINA HARRIS DIRECTOR OF OPERATIONS 180894 0 0 0 0 0 10710 0 941 0 192545 0 0 0 RAHMEL HUFFMAN ATHLETICS DIRECTOR 164063 0 0 0 0 0 9618 0 8835 0 182516 0 0 0 PART I, LINE 1A AS A CONDITION OF HER EMPLOYMENT, LISA WALLER, THE HEAD OF SCHOOL, MUST MAINTAIN A RESIDENCE WITHIN WALKING DISTANCE OF THE SCHOOL. THE SCHOOL PROVIDED HER WITH A HOUSING ALLOWANCE IN THE AMOUNT OF $126,000 WHICH IS NON-TAXABLE. PART I, LINE 4B LISA WALLER, HEAD OF SCHOOL, PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER IRC 457(F). THE SCHOOL CONTRIBUTED $32,636 TO HER DURING THE YEAR. A BUILD NYC RESOURCE CORPORATION 454040561 000000000 2021-06-03 37429000 REFUND PRIOR BOND ISSUES (2014) AND ALSO CONSTRUCT SCHOOL FACILITIES 0 0 0 A 2748491 37429000 515000 11097169 25816831 2025 1 0 1 1 A 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 303006 FINANCIAL ASSISTANCE FINANCIAL AID SCH L, PART III, GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS GRANTS OR OTHER ASSISTANCE BENEFITTING INTERESTED PERSONS: STUDENTS OF TRUSTEES AND OFFICERS RECEIVING FINANCIAL AID FOLLOW THE SAME NEED-BASED ASSESSMENT AS OTHER STUDENTS RECEIVING FINANCIAL AID. X 17 129871 AVG. SELLING PRICE X TRUMPET 1 300 COST 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND HEAD OF SCHOOL FOR ACCURACY AND COMPLETENESS. THEN, THE FINANCE COMMITTEE REVIEWS AND APPROVES THE FORM 990 AT A FINANCE COMMITTEE MEETING. FINALLY, THE REST OF ALL THE BOARD MEMBERS REVIEW AND APPROVE THE FORM 990 AT A BOARD MEETING BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES, OFFICERS AND TRUSTEES OF THE SCHOOL. THE CFO ROUTINELY REVIEWS ALL VENDOR CONTRACTS FOR MATERIAL ITEMS, INCLUDING POTENTIAL CONFLICTS OF INTEREST. THE POLICY IS DETAILED IN THE EMPLOYEE HANDBOOK, AND ALL EMPLOYEES ARE PROVIDED WITH THE HANDBOOK ANNUALLY DETAILING ANY REVISIONS TO THE POLICY. IN ADDITION, ALL TRUSTEES SUBMIT WRITTEN STATEMENTS ANNUALLY, ATTESTING THAT THEY ARE IN COMPLIANCE WITH THE POLICY. WITH THE EXCEPTION OF THE HEAD OF SCHOOL, ANY POTENTIAL CONFLICT INVOLVING AN EMPLOYEE WOULD BE BROUGHT TO THE HEAD OF SCHOOL. IF THE POTENTIAL CONFLICT INVOLVES THE HEAD OF SCHOOL OR A TRUSTEE, THE MATTER WOULD BE BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD OF TRUSTEES. A PERSON WITH A CONFLICT OF INTEREST MAY MAKE A PRESENTATION AT A BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. IN ADDITION, ONLY PERSONS WHO ARE INDEPENDENT TRUSTEES AS DEFINED IN THE BYLAWS MAY VOTE ON THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL: WHENEVER AN EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL IS PREPARED, AN AD HOC COMMITTEE OF THE BOARD OF TRUSTEES IS FORMED THAT INCLUDES THE BOARD CHAIR(S) AND MEMBERS OF THE BOARD WITH EXPERTISE ON COMPENSATION NEGOTIATIONS. THE COMMITTEE REVIEWS COMPARABLE DATA FROM 990'S AND COMPENSATION SURVEYS AND REPORTS TO THE EXECUTIVE COMMITTEE, WHICH THEN MAKES A RECOMMENDATION TO THE BOARD OF TRUSTEES. THE SCHOOL'S LEGAL COUNSEL IS INVOLVED IN PROVIDING THE EXACT LANGUAGE FOR THE CONTRACT. APPROVAL FOR THIS PROCESS IS DOCUMENTED BY THE BOARD OF TRUSTEES MINUTES. THE PROCESS WAS LAST UNDERTAKEN IN 2025. ALL OTHER OFFICERS AND KEY EMPLOYEES: ALL OTHER EMPLOYMENT CONTRACTS FOR OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE HEAD OF SCHOOL, ASSISTANT HEAD OF SCHOOL & CFO WHO REFER TO THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, MARKET COMPARABILITY DATA, YEARS OF EXPERIENCE, EDUCATION AND OTHER QUALIFICATIONS WHEN DECIDING ON ALL COMPENSATION AND BENEFITS. APPROVAL OF THIS POLICY IS DOCUMENTED IN THE FINANCE COMMITTEE AND BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -23,110. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.