2024-05-07T08:11:37-05:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2022-07-01 582207654 THE WEBER SCHOOL WEBE 4049172500 6751 ROSWELL ROAD ATLANTA GA 30328 RABBI EDWARD HARWITZ HEAD OF SCHOOL 4049172500 2024-05-06 1 RABBI EDWARD HARWITZ 999009999 0 TIFFANY T ORR CPA P01559485 7703948000 2024-05-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RABBI EDWARD HARWITZ 6751 ROSWELL ROAD ATLANTA GA 30328 35014284 0 X WWW.WEBERSCHOOL.ORG X 1995 GA THE WEBER SCHOOL PREPARES ITS STUDENTS FOR SUCCESS IN COLLEGE AND IN LIFE, INSPIRING THEM TO BE KNOWLEDGEABLE, THINKING, RESPONSIBLE JEWISH ADULTS, BY WEAVING TOGETHER: THE PURSUIT OF ACADEMIC EXCELLENCE; A COMMITMENT TO JEWISH VALUES, THE JEWISH PEOPLE AND ISRAEL; AND A RESPONSIBILITY TO SERVE OUR COMMUNITY AND IMPROVE OUR WORLD. 29 29 93 70 0 0 12936390 22588297 8439984 10117503 46901 887781 0 0 21423275 33593581 1512481 2119802 0 0 6163717 6950856 0 0 283659 3093592 4091005 10769790 13161663 10653485 20431918 43433763 65398456 10338282 12148100 33095481 53250356 X THE WEBER SCHOOL PREPARES ITS STUDENTS FOR SUCCESS IN COLLEGE AND IN LIFE, INSPIRING THEM TO BE KNOWLEDGEABLE, THINKING, RESPONSIBLE JEWISH ADULTS, BY WEAVING TOGETHER: THE PURSUIT OF ACADEMIC EXCELLENCE; A COMMITMENT TO JEWISH VALUES, THE JEWISH PEOPLE AND ISRAEL; AND A RESPONSIBILITY TO SERVE OUR COMMUNITY AND IMPROVE OUR WORLD. 0 0 11125971 2119802 10117503 TO PROVIDE A HIGH SCHOOL FOR THE JEWISH COMMUNITY OF ATLANTA 11125971 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 79 0 93 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 29 29 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X VANESSA LEIBOWITZ 4049172500 6751 ROSWELL ROAD ATLANTA GA 30328 BILLY MEDOF PRESIDENT 10.00 X X 0 0 0 MARK KOPKIN VICE-PRESIDENT 10.00 X X 0 0 0 BRIAN MAND VICE-PRESIDENT 10.00 X X 0 0 0 GARRETT VAN DE GRIFT VICE-PRESIDENT 10.00 X X 0 0 0 DARRIN FRIEDRICH TREASURER 10.00 X X 0 0 0 TAMAR STERN SECRETARY 10.00 X X 0 0 0 RONALD KIRSCHNER IMMEDIATE PAST PRES 1.00 X X 0 0 0 DEBBIE KURZWEIL EXECUTIVE COMMITTEE 5.00 X X 0 0 0 MICHAEL KARLIN EXECUTIVE COMMITTEE 5.00 X X 0 0 0 TONIA SELLERS EXECUTIVE COMMITTEE 5.00 X X 0 0 0 BRAD BERMAN DIRECTOR 1.00 X 0 0 0 LILY BOCK DIRECTOR 1.00 X 0 0 0 GIL BURSTINER DIRECTOR 1.00 X 0 0 0 GAVIN COHEN DIRECTOR 1.00 X 0 0 0 CHARLIE KAUSS DIRECTOR 1.00 X 0 0 0 ROSS KOGON DIRECTOR 1.00 X 0 0 0 RICHARD KOPELMAN DIRECTOR 1.00 X 0 0 0 MICHAEL LEVY DIRECTOR 1.00 X 0 0 0 MICHAEL LIPTON DIRECTOR 1.00 X 0 0 0 BOARD MARKS DIRECTOR 1.00 X 0 0 0 STEVEN MARKS DIRECTOR 1.00 X 0 0 0 JENNIFER KORACH DIRECTOR 1.00 X 0 0 0 LORI KAGAN SCHWARZ DIRECTOR 1.00 X 0 0 0 PAUL SILVER DIRECTOR 1.00 X 0 0 0 JUDY STOLOVITZ DIRECTOR 1.00 X 0 0 0 FRED WACHTER DIRECTOR 1.00 X 0 0 0 RONIT WALKER DIRECTOR 1.00 X 0 0 0 AMY AROGETI DIRECTOR 1.00 X 0 0 0 VANESSA FRANK DIRECTOR 1.00 X 0 0 0 RACHELLE BERRY DIRECTOR 1.00 X 0 0 0 STEVE BERMAN DIRECTOR 1.00 X 0 0 0 MARK COHEN DIRECTOR 1.00 X 0 0 0 HAROLD KIRTZ DIRECTOR 1.00 X 0 0 0 LISA GALANTI RABINOWITZ DIRECTOR 1.00 X 0 0 0 MICHAEL ROSENZWEIG DIRECTOR 1.00 X 0 0 0 FELICIA WEBER DIRECTOR 1.00 X 0 0 0 RABBI EDWARD HARWITZ HEAD OF SCHOOL 40.00 X 284360 0 22865 PAUL GINBURG ASSOCIATE HOS 40.00 X 181011 0 23662 VANESSA LEIBOWITZ CFO 40.00 X 89469 0 13155 SHLAINA VAN DYKE PRINCIPAL 40.00 X 147280 0 15359 AMY SECOR DEAN OF COLLEGE COUN 40.00 X 130211 0 6638 RISE ARKIN DIRECTOR OF ADMISSIONS 40.00 X 100178 0 12905 932509 0 94584 5 0 1 0 0 22588297 22588297 TUITION 611710 9521745 9521745 TRIP FEES 611710 387741 387741 ACTIVITY FEES 611710 208017 208017 10117503 506472 506472 1802012 1420703 381309 381309 381309 33593581 10117503 0 887781 2119802 2119802 617967 317063 175848 125056 5222156 4174419 990840 56897 1110733 854235 221892 34606 32038 32038 32000 32000 3910 3910 334554 311638 11438 11478 69049 69049 39140 29355 9785 71870 55273 14358 2239 610044 549040 61004 615866 615866 223258 200932 22326 557966 502169 55797 92840 92840 PROGRAM AND CURRICULUM 771465 771465 SECURITY 228142 228108 34 FOOD 126430 73561 52869 RECRUITING 69692 69692 212741 166167 46060 514 13161663 11125971 1752033 283659 1057283 3247197 1107069 8563 12845230 21779304 1265738 604165 186177 204021 29717939 8566203 21218519 21151736 3807993 11539654 591530 600608 1354224 6263208 43433763 65398456 905035 2838411 919471 1230675 8071994 7739672 441782 339342 10338282 12148100 X 16604955 23519826 16490526 29730530 33095481 53250356 43433763 65398456 20431918 -277043 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1844699 168924 115866 1897757 2082776 -238077 1844699 1774032 455369 142505 4120 2082776 1743494 30538 1774032 1723954 87993 68453 1743494 0.78930 0.21070 0 0 10778382 10778382 16854544 7120940 9733604 2085013 1445263 639750 21151736 RIGHT OF USE ASSET 64086 CONSTRUCTION IN PROGRESS 6071758 UNAMORTIZED DEBT ISSUANCE COST 127364 6263208 JOINT SCHOOL PROJECT LIABILITY 167512 LEASE LIABILITY 171830 339342 X 31192826 -277043 -2119802 -2396845 33589671 3910 3910 33593581 11037951 0 11037951 3910 2119802 2123712 13161663 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF FOUR INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE SCHOOL TO FUNCTION AS ENDOWMENTS. THE SCHOOL'S BOARD OF DIRECTORS HAS INTERPRETED THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FINDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE SCHOOL CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (1)THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (2) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (3) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE SCHOOL IN A MANNER CONSISTENT WITH APPLICABLE LAWS IN ACCORDANCE WITH UPMIFA. THE SCHOOL CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATED DONOR-RESTRICTED ENDOWMENT FUNDS: 1)THE DURATION AND PRESERVATION OF THE FUND 2)THE PURPOSE OF THE SCHOOL AND THE DONOR-RESTRICTED ENDOWMENT 3)GENERAL ECONOMIC CONDITIONS 4)THE POSSIBLE EFFECT OF INFLATION AND DEFLATION 5)THE EXPECTED UNREALIZED APPRECIATION/DEPRECIATION OF THE INVESTMENTS 6)OTHER RESOURCES OF THE SCHOOL 7)THE INVESTMENT POLICY OF THE SCHOOL. THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY THE ENDOWMENT FUNDS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDED THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE SCHOOL MUST HOLD IN PERPETUITY OR FOR DONOR-SPECIFIED PERIODS AS WELL AS SCHOOL DESIGNATED FUNDS UNDER THIS POLICY. AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN A PORTFOLIO COMPRISED OF MUTUAL FUNDS TO SATISFY ITS LONG-TERM OBJECTIVES. THE SCHOOL RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE SCHOOL TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES MORE EMPHASIS ON FIXED INCOME SECURITIES THAN EQUITY SECURITIES TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE SCHOOL IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE SCHOOL HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE SCHOOL UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2023 AND 2022, THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS & AWARDS -2,119,802. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & AWARDS 2,119,802. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL SOLICITATION MATERIAL INCLUDES APPROPRIATE WORDING SUCH AS "THE WEBER SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN". 1 SCHOLARSHIPS & AWARDS 163 2119802 X X 0 0 0 0 0 0 0 0 0 RABBI EDWARD HARWITZ HEAD OF SCHOOL 284360 0 0 0 0 0 15370 0 7495 0 307225 0 0 0 PAUL GINBURG ASSOCIATE HOS 181011 0 0 0 0 0 9868 0 13794 0 204673 0 0 0 SHLAINA VAN DYKE PRINCIPAL 147280 0 0 0 0 0 7864 0 7495 0 162639 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 ON MARCH 28TH, 2023 ORGANIZATION APPROVED AN AMENDMENT TO ITS BYLAWS WHERE ORGANIZATION CHANGED SIZE OF THE BOARD; UPDATED COMMUNICATION AND VOTING METHODS TO INCLUDE BY EMAIL AND REVISED COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SHARED WITH THE OFFICERS OF THE BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER UNDER CONSIDERATION BY THE BOARD OR A COMMITTEE IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING THE CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN AS TO WHETHER SUCH TRUSTEE HAS A CONFLICT OF INTEREST IN ANY MATTER MAY REQUEST THE COMMITTEE ON TRUSTEES (AS TO A MATTER BEFORE THE BOARD) OR THE APPLICABLE COMMITTEE (AS TO A MATTER BEFORE THAT COMMITTEE) TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AND THE BOARD OR COMMITTEE SHALL RESOLVE THE QUESTION BY A MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL EVALUATION COMMITTEE REVIEWS COMPENSATION AND UPDATED TERMS PER THE EMPLOYMENT CONTRACT. COMPENSATION OF THE TOP MANAGEMENT OFFICIALS IS REVIEWED BY THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST TO THE BUSINESS OFFICE. CHARITABLE LEAD TRUST SUPPORT GA T 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHARITABLE LEAD TRUST C 841701 CASH