2021-02-12T11:32:24-06:00 2020-06-30 271728945 PKF O'CONNOR DAVIES LLP 25 SUFFOLK COURT HAUPPAUGE NY 11788 990 2019-07-01 111661352 BUCKLEY COUNTRY DAY SCHOOL BUCK 5166271910 IU WILLETS ROAD NORTH HILLS ROSLYN NY 11576 JEAN-MARC JUHEL HEADMASTER 5166271910 2021-02-11 1 LAWRENCE LUCARELLI P00068089 6314349500 2021-02-11 2019 2022-09-23 18:48:47Z JEAN-MARC JUHEL IU WILLETS ROAD NORTH HILLS ROSLYN NY 11576 16104172 0 X WWW.BUCKLEYCOUNTRYDAY.COM X 1923 NY TO PROVIDE EDUCATION TO STUDENTS FROM TODDLER THROUGH 8TH GRADE. 17 17 357 150 0 0 3039392 1125125 14711706 14489126 174684 138844 339849 242777 18265631 15995872 3317846 3424157 0 0 8144237 7981033 0 0 925814 4649612 4424383 16111695 15829573 2153936 166299 25337569 24895655 3771856 3316318 21565713 21579337 PLEASE REFER TO BUCKLEYCOUNTRYDAY.COM FOR THE ORGANIZATION'S FULL MISSION STATEMENT. 0 0 12856496 3424157 14540326 BUCKLEY COUNTRY DAY SCHOOL IS AN EDUCATIONAL FACILITY FOR STUDENTS IN GRADE LEVELS TODDLER THROUGH EIGHTH. STUDENT ENROLLMENT FOR THIS ACADEMIC YEAR WAS 338. 12856496 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 357 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X BUCKLEY COUNTRY DAY SCHOOL 5166271910 IU WILLETS ROAD ROSLYN NY 11756 VALERIE DIFEBO TRUSTEE 6.00 X 0 0 0 JEAN-MARC JUHEL HEADMASTER 40.00 X X 513033 0 73592 ALLISON ANGELILLI MD TRUSTEE 6.00 X 0 0 0 ROBERT MOORE VICE CHAIR 6.00 X X 0 0 0 HEATHER ALDER SCHOEN VICE CHAIR 6.00 X X 0 0 0 JOHN CRISH TRUSTEE 6.00 X 0 0 0 JOANNA WOO TRUSTEE 6.00 X 0 0 0 MICHAEL FERRUCCI TRUSTEE 6.00 X 0 0 0 DOLLY CHUGH PHD SECRETARY 6.00 X X 0 0 0 LILYAN MURAN TRUSTEE EMERITUS 6.00 X 0 0 0 TIMOTHY O'SULLIVAN TRUSTEE 6.00 X 0 0 0 CHRISTOPHER LEE CHAIR 6.00 X X 0 0 0 ERRIN HATWOOD TRUSTEE 6.00 X 0 0 0 KEN FABRICANT TRUSTEE 6.00 X 0 0 0 KARLI HAGEDORN TRUSTEE EMERITUS 6.00 X 0 0 0 FITZGERALD VENTURA TRUSTEE 6.00 X 0 0 0 SHALINI MIMANI TRUSTEE 6.00 X 0 0 0 LASHERELLE MORGAN TRUSTEE 6.00 X 0 0 0 PAUL VAMBUTAS TREASURER 6.00 X X 0 0 0 JASON HEMBREY TRUSTEE 6.00 X 0 0 0 THERESA FOY CFO 40.00 X 209937 0 11166 ELIZABETH LYONS ASST HEADMASTER, LOWER SCH 40.00 X 144275 0 10888 ROGER PERSUAD UPPER SCHOOL SCIENCE TEACHER 40.00 X 129876 0 33176 MAJORIE JEAN-PAUL DIRECTOR OF DEVELOPMENT 40.00 X 153696 0 8377 1150817 0 137199 5 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES FOR SCHOOL & CAMP 569891 DELL TRANSPORTATION 20 HAVEN AVENUE PORT WASHINGTON NY 11050 TRANSPORTATION SERVICES 488527 WHITSON'S CULINARY GROUP 1800 MOTOR PARKWAY ISLANDIA NY 11749 FOOD SERVICES FOR SCHOOL & CAMP 146800 3 159684 965441 1125125 TUITION & FEES 900099 14489126 14489126 14489126 138844 138844 299877 108300 191577 191577 YEARBOOK 900099 27300 27300 REGISTRATION FEES FORFEITED 900099 14660 14660 9240 9240 51200 15995872 14540326 0 330421 3424157 3424157 6320014 5029590 1005068 285356 306116 235379 55095 15642 898814 701445 153724 43645 456089 364280 71507 20302 49118 18413 30705 792720 554904 198180 39636 175348 127193 41536 6619 GENERAL INSTITUTIONAL 1171590 968906 172405 30279 MISCELLANEOUS EXP 499506 75023 54996 369487 TRANSPORTATION 484234 484234 REPAIRS & MAINTENANCE 452574 333712 99052 19810 799293 539260 164995 95038 15829573 12856496 2047263 925814 -5 2559058 3479152 2243116 2035375 32796 134995 540408 353761 22882205 10323647 13179594 12558558 6768355 6231746 14247 102068 25337569 24895655 327456 262965 1527772 3444400 1525581 3771856 3316318 X 18611075 18560529 2954638 3018808 21565713 21579337 25337569 24895655 166299 -114627 -38048 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 599882 3018808 0 0 6982059 148018 23561 48048 7105590 6558973 174650 291442 43006 6982059 6011111 309406 281733 43277 6558973 4909214 607678 530331 36112 6011111 4369118 533939 37635 31478 4909214 0.91560 0.06610 0.01830 1 0 4396780 4396780 15143071 8136105 7006966 1888795 1340012 548783 1212077 847530 364547 241482 241482 12558558 SUMMER DEPOSITS 1000 STUDENT DEPOSITS 1066190 ACCRUED SALARIES 458391 1525581 X 12419042 -114627 -114627 12533669 38048 3424155 3462203 15995872 12405418 0 12405418 3424155 3424155 15829573 PART V, LINE 4: THE PURPOSE OF THE SCHOOL'S ENDOWMENT IS TO SUPPORT THE LONG TERM FINANCIAL STABILITY OF THE ORGANIZATION. PART X, LINE 2: THE SCHOOL, A NOT-FOR-PROFIT ORGANIZATION OPERATING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS GENERALLY EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES. THE SCHOOL'S WHOLLY OWNED NOT-FOR-PROFIT REAL ESTATE HOLDING CORPORATION WAS FORMED IN NOVEMBER 1996, UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM FEDERAL, STATE AND LOCAL TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAX JURISDICTION. FEDERAL TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,424,155. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,424,155. 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 HAS PUBLISHED ITS NOTICE OF NON-DISCRIMINATORY POLICY ON ITS WEBSITE AT WWW.BUCKLEYCOUNTRYDAY.COM. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDING FROM NEW YORK STATE. THE CATEGORIES WHERE FUNDING IS APPLIED FOR AND RECEIVED ARE: MANDATED SERVICES AID, COMPREHENSIVE ATTENDANCE PROGRAM, AND PUPIL ATTENDANCE REPORTING. FALL FAIR 299877 299877 106786 1 1514 299877 299877 108300 108300 191577 THERESA FOY CFO 2 IU WILLETS ROAD ROSLYN NY 11576 1 STUDENT SCHOLARSHIP 97 2031470 FACULTY STUDENTS 18 574500 STUDENT SCHOLARSHIPS - SUMMER 7 28431 FACULTY - SUMMER 113 789756 PART I, LINE 2: THE GRANTS THE ORGANIZATION RECEIVED ARE ONLY BASED ON THE ORGANIZATION'S SUBMISSION OF PROOF OF QUALIFIED PURCHASES. THE ORGANIZATION RECEIVES A GRANT FOR PROFESSIONAL EDUCATION, CERTAIN MEDIA EXPENSES AND CAPITAL EXPENDITURES. THE ORGANIZATION MONITORS THEIR SPENDING AND THEN SUBMITS PROOF OF PAYMENT IN ORDER TO MAKE REIMBURSEMENTS. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 JEAN-MARC JUHEL HEADMASTER 513033 0 0 0 0 0 25550 0 48042 0 586625 0 0 0 THERESA FOY CFO 209937 0 0 0 0 0 10660 0 506 0 221103 0 0 0 ELIZABETH LYONS ASST HEADMASTER, LOWER SCH 144275 0 0 0 0 0 10598 0 290 0 155163 0 0 0 ROGER PERSUAD UPPER SCHOOL SCIENCE TEACHER 129876 0 0 0 0 0 9730 0 23446 0 163052 0 0 0 MAJORIE JEAN-PAUL DIRECTOR OF DEVELOPMENT 153696 0 0 0 0 0 7955 0 422 0 162073 0 0 0 PART I, LINE 1A AS OUTLINED IN THE EMPLOYMENT AGREEMENTS WITH THE SCHOOL, THE HEADMASTER AND THE CHIEF FINANCIAL OFFICER IS REQUIRED TO RESIDE ON CAMPUS TO MEET THE ONGOING NEEDS OF THE SCHOOL COMMUNITY INCLUDING, BUT NOT LIMITED TO: ATTENDANCE AND SUPERVISION AT CAMPUS EVENTS BOTH DURING THE SCHOOL DAY, IN THE EVENINGS AND ON WEEKENDS AND VACATIONS; BEING AVAILABLE AND PRESENT FOR PARENTS, STUDENTS AND APPLICANTS, AND INFORMAL SUPERVISION OF THE SECURITY OF THE SCHOOLS' BUILDINGS AND GROUNDS. JEAN-MARC JUHEL HEADMASTER 13000 TUITION REIMBURSEMENT COURSEWORK TOWARD ADVANCED DEGREES THERESA FOY CHIEF FINANCIAL OFFICER 15000 TUITION REIMBURSEMENT COURSEWORK TOWARD ADVANCED DEGREES FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW, COMMENT AND DISCUSSION WITH THE INDEPENDENT AUDITORS. AFTER THIS REVIEW, A FINAL DRAFT OF THE 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES WITH A RECOMMENDATION FROM THE AUDIT COMMITTEE TO FILE WITH THE IRS. THE BOARD OF TRUSTEES IS AFFORDED AMPLE TIME TO REVIEW THE DOCUMENT IN ADVANCE OF A REGULARLY SCHEDULED BOARD MEETING. THE AUDIT CHAIR PROVIDES AN OVERVIEW OF THE DRAFT AND ENTERTAINS QUESTIONS FROM THE BOARD. AFTER ALL QUESTIONS HAVE BEEN ASKED AND ANSWERED; THE AUDIT COMMITTEE CHARGES THE CFO TO FILE THE DOCUMENT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF THE POLICY, THE BOARD IS REQUIRED ANNUALLY TO SIGN AN ANNUAL DISCLOSURE STATEMENT INDICATING THAT THEY HAVE RECEIVED, UNDERSTAND, AND AGREE TO COMPLY WITH THE POLICY. THE BOARD REVIEWS THESE SIGNED STATEMENTS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 UPON HIRING, THE HEADMASTER'S INITIAL COMPENSATION IS ESTABLISHED BY THE BOARD EXECUTIVE COMMITTEE; COMPRISED OF THE BOARD CHAIR AND SEVERAL OTHER LONG-STANDING BOARD MEMBERS WHO ARE INDEPENDENT OF THE INDIVIDUAL BEING HIRED. IN DETERMINING THIS COMPENSATION, THE COMMITTEE REVIEWS THE INDIVIDUAL'S PROFESSIONAL EXPERIENCE AND PRIOR SALARY HISTORY, AND REFERS TO CURRENT NYSAIS, NAIS, GUIDESTAR AND SIMILAR SALARY INFORMATION, AS A BENCHMARK FOR COMPENSATION FOR SIMILAR POSITIONS. ANNUALLY, THE HEADMASTER'S COMPENSATION IS REVIEWED AND BENCHMARKED WITH PEER INSTITUTIONS OPERATING SIMILAR INDEPENDENT SCHOOLS IN THIS REGION. KEY EMPLOYEE COMPENSATION UPON HIRING, THE INITIAL COMPENSATION FOR KEY EMPLOYEES IS DETERMINED BY THE HEADMASTER, AFTER REVIEWING THE INDIVIDUAL'S PROFESSIONAL EXPERIENCE, CREDENTIALS AND PRIOR SALARY HISTORY. THE HEADMASTER REFERS TO INDUSTRY BENCHMARKING TOOLS TO ASSIST IN ESTABLISHING A SALARY FOR ALL KEY EMPLOYEES. ANNUALLY, EACH KEY EMPLOYEE PARTICIPATES IN A REVIEW PROCESS WITH THE HEADMASTER AND SALARY MODIFICATIONS ARE OUTLINED IN A LETTER OF AGREEMENT. KEY EMPLOYEE SALARIES ARE INCLUDED IN THE SCHOOL'S BUDGET IN DESIGNATED DEPARTMENT LINE ITEMS; INCLUDED WITH OTHER EMPLOYEES WHO ALSO SERVE IN THOSE SPECIFIC DEPARTMENTS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL INFORMATION INCLUDING TAX RETURNS, FORMS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.