2024-03-21T12:16:17-05:00 2023-06-30 520982413 GROSS MENDELSOHN & ASSOCIATES PA 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 990 2022-07-01 520976194 THE JEMICY SCHOOL INC JEMI 4106532700 11 CELADON ROAD OWINGS MILLS MD 211173009 J PETER WARD JR PRESIDENT 4106532700 2024-03-21 1 J PETER WARD JR 999009999 0 LISA B JOHNSON P01250416 4106855512 2024-03-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z J PETER WARD JR 11 CELADON ROAD OWINGS MILLS MD 211173009 27354060 0 X WWW.JEMICYSCHOOL.ORG X 1973 MD JEMICY SCHOOL EDUCATES TALENTED AND BRIGHT STUDENTS WITH DYSLEXIA OR OTHER RELATED LANGUAGE-BASED LEARNING DIFFERENCES BY ADDRESSING BOTH THEIR INTELLECTUAL STRENGTHS AND THEIR LEARNING NEEDS. THE SCHOOL UTILIZES CREATIVE, MULTISENSORY, AND RESEARCH-BASED PROGRAMS AND TECHNIQUES TO DEVELOP READING, WRITING, SPELLING, MATH AND ORGANIZATIONS SKILLS; PROMOTE A LOVE OF LEARNING; AND PREPARE STUDENTS FOR THE INTELLECTUAL AND SOCIAL CHALLENGES OF COLLEGE AND LIFE. 24 24 217 5 0 0 834066 4164044 17165120 18829269 2287827 818589 1370 -184473 20288383 23627429 2535228 2889617 0 0 12030771 13216377 0 20000 580268 3614543 3726925 18180542 19852919 2107841 3774510 55501753 61370084 7785137 7636021 47716616 53734063 X JEMICY SCHOOL EDUCATES TALENTED AND BRIGHT STUDENTS WITH DYSLEXIA OR OTHER RELATED LANGUAGE-BASED LEARNING DIFFERENCES BY ADDRESSING BOTH THEIR INTELLECTUAL STRENGTHS AND THEIR LEARNING NEEDS. THE SCHOOL UTILIZES CREATIVE, MULTISENSORY, AND RESEARCH-BASED PROGRAMS AND TECHNIQUES TO DEVELOP READING, WRITING, SPELLING, MATH AND ORGANIZATIONS SKILLS; PROMOTE A LOVE OF LEARNING; AND PREPARE STUDENTS FOR THE INTELLECTUAL AND SOCIAL CHALLENGES OF COLLEGE AND LIFE. 0 0 16249506 2889617 18411319 THE JEMICY SCHOOL PROVIDED EDUCATIONAL SERVICES TO 424 STUDENTS IN GRADES 1-12 WITH DYSLEXIA AND OTHER LANGUAGE BASED LEARNING DIFFERENCES. 342170 410960 THE ORGANIZATION PROVIDES SPECIAL PROGRAMS AND ACTIVITIES FOR ITS STUDENTS SUCH AS A SUMMER CAMP, PROJECT READ, ETC. 16591676 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 43 0 1 217 1 0 0 0 0 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X EUGENIA GYFTOPOULOS 4106532700 11 CELADON ROAD OWINGS MILLS MD 211173009 BENJAMIN SHIFRIN HEAD OF SCHOOL 40.00 X X 296281 0 75238 STEVEN L BERMAN TRUSTEE 2.00 X 0 0 0 LOIS COHEN TRUSTEE 2.00 X 0 0 0 MARC COHEN TRUSTEE 2.00 X 0 0 0 STEVE G GILDEN SECRETARY 2.00 X X 0 0 0 NATE TOWER TRUSTEE 2.00 X 0 0 0 EDWARD W H KISSINGER TRUSTEE 2.00 X 0 0 0 STEPHEN B O'NEIL TREASURER 2.00 X X 0 0 0 DR FRONA A BROWN ED D TRUSTEE 2.00 X 0 0 0 MICHAEL SACHS TRUSTEE 2.00 X 0 0 0 FRANCESCA C SICILIANO TRUSTEE 2.00 X 0 0 0 TIMOTHY PRIGG TRUSTEE 2.00 X 0 0 0 J PETERSON WARD JR PRESIDENT, BOARD CHAIR 2.00 X X 0 0 0 JEAN BRUNE TRUSTEE 2.00 X 0 0 0 RYAN JOLSON TRUSTEE 2.00 X 0 0 0 JOHN COLSTON TRUSTEE 2.00 X 0 0 0 DAVID CHUNG TRUSTEE 2.00 X 0 0 0 SARAH JOHNSON TRUSTEE 2.00 X 0 0 0 D'LISA WORTHY TRUSTEE 2.00 X 0 0 0 RUSSELL WHITE TRUSTEE 2.00 X 0 0 0 COURTNEY WOOD TRUSTEE 2.00 X 0 0 0 GREG BELL TRUSTEE 2.00 X 0 0 0 DOMINICA BURMAN TRUSTEE 2.00 X 0 0 0 KIM JOLSON TRUSTEE 2.00 X 0 0 0 DAVID OESTREICHER TRUSTEE 2.00 X 0 0 0 EUGENIA GYFTOPOULOS CHIEF FINANCIAL OFFICER 40.00 X 134691 0 25686 TIMOTHY HORMES CHIEF OPERATING OFFICER 40.00 X 121377 0 30752 LAURA KAREY DIRECTOR OF ENROLLMENT MANAGEMENT AND FIN AID 40.00 X 115883 0 9749 STEPHEN KOLAR DIRECTOR OF FACILITIES 40.00 X 104828 0 21244 MARK PALMERINO ASSISTANT HEAD OF UPPER SCHOOL 40.00 X 114648 0 19601 JENNIFER WILLIAMS DIRECTOR OF COLLEGE COUNSELING 40.00 X 106658 0 9011 994366 0 191281 7 0 1 0 MEADOWBROOK CONSTRUCTION COMPANY LLC 135 VILLAGE QUEEN DRIVE OWINGS MILLS MD 21117 CONSTRUCTION 378914 P2P TRAVEL LLC 1609 OLDE CHIMNEY CT RALEIGH NC 27614 TRAVEL SERVICES 154350 2 4164044 4164044 TUITION AND FEES 611600 18411319 18411319 SUMMER CAMP 611600 318473 318473 OUTREACH PROGRAM 611600 52377 52377 MEMBERSHIP DUES 611600 47100 47100 18829269 777211 777211 10700 2809 7891 7891 7891 3335067 5500 3286699 12490 48368 -6990 41378 -6990 48368 214174 424633 -210459 -210459 MISCELLANEOUS 900099 18095 18095 18095 23627429 18822279 0 641106 2889617 2889617 730117 598836 104395 26886 10008335 8177613 1477300 353422 518026 423978 76325 17723 1202438 1014275 129136 59027 757461 629918 99230 28313 13740 13740 49171 49171 20000 20000 135468 135468 48084 48084 44548 28836 15712 571375 501239 70136 313227 289076 24151 390384 390384 39404 39404 875099 875099 94079 94079 REPAIRS & MAINTENANCE 570041 570041 MISCELLANEOUS 466437 61431 333262 71744 COMMUNITY OUTREACH PROG 62885 62885 PARENT ASSOCIATION 30364 30364 22619 19466 3153 19852919 16591676 2680975 580268 2235518 334911 3620981 5516451 178226 2828205 25600 315169 252152 35027153 12091329 22560392 22935824 26584948 29426430 6519 50511 55501753 61370084 2620476 2762429 4330434 4237360 834227 609022 0 27210 7785137 7636021 X 28468670 30101944 19247946 23632119 47716616 53734063 55501753 61370084 3774510 2242937 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 7 21.80 1 1 20304046 1641849 2349205 -595916 -1071866 22627317 26653978 455889 -4307186 -1395915 -1102720 20304046 22370175 37416 6550494 1363790 940317 26653978 20995265 114329 1229600 -36359 5378 22370175 19145886 115567 2260611 -263561 790360 20995265 0.14400 0.30300 0.55300 0 0 6589020 6589020 22379471 6801249 15578222 6058662 5290080 768582 22935824 LEASE LIABILITY 27210 27210 X 22870260 2242937 24979 2267916 20602344 135468 2889617 3025085 23627429 16852813 24979 24979 16827834 135468 2889617 3025085 19852919 PART II, LINE 5: THE SCHOOL'S FACILITIES MANAGER MONITORS AND INSPECTS THE EASEMENT AREAS AS PART OF HIS ROUTINE WORK AND REPORTS ANY ISSUES TO THE CHAIR OF THE BUILDING AND GROUNDS COMMITTEE. THE BUILDING AND GROUNDS COMMITTEE, WHICH MEETS QUARTERLY DURING THE SCHOOL YEAR, IS THE BOARD COMMITTEE RESPONSIBLE FOR THE ENFORCEMENT OF THE EASEMENTS. THE SCHOOL ALSO CONSULTS WITH AN ENGINEERING FIRM TO MAKE CERTAIN THAT THE SCHOOL IS COMPLIANT AND FUTURE PROJECTS DO NOT VIOLATE THE EASEMENTS. PART II, LINE 9: CONSERVATION EASEMENTS ARE CAPITALIZED AND REPORTED ON THE ORGANIZATION'S BALANCE SHEET AS LAND. PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE PURPOSES OF FINANCIAL AID, FACULTY COMPENSATION, PROFESSIONAL DEVELOPMENT AND CAPITAL EXPENDITURES. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE SCHOOL HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2023. THE SCHOOL'S FEDERAL EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING ACTIVITIES EXPENSES NETTED WITH REVENUE ON 990 22,170. RENTAL EXPENSES NETTED WITH RENTAL INCOME 2,809. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED WITH TUITION AND FEES ON FINANCIAL STATEMENT 2,889,617. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING ACTIVITIES EXPENSES NETTED WITH REVENUE ON 990 22,170. RENTAL EXPENSES NETTED WITH RENTAL INCOME 2,809. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED WITH TUITION AND FEES ON FINANCIAL STATEMENT 2,889,617. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PRINTED IN ADMISSIONS BROCHURE AND DISCLOSED DURING INTERVIEWS WITH ADMISSION CANDIDATES. ALSO AVAILABLE ON SCHOOL'S WEBSITE. X X X X 1 COMMUNITY COUNSELING SERVICES CO 100 EAST PRATT STREET SUITE 2118 BALTIMORE MD 21202 CAPITAL CAMPAIGN SERVICES 0 0 20000 -20000 20000 -20000 MD PARENT'S ASSOCIATION 5556 5556 22292 50TH ANNIVERSARY JUBILEE 208618 208618 402341 214174 214174 424633 424633 -210459 1 FINANCIAL AID 166 2757459 0 FMV NEED BASED FINANCIAL AID APPLIED TO TUITION AT THE JEMICY SCHOOL TUITION REMISSION 9 132158 0 FMV TUITION REMISSION SCHEDULE I, PART I, LINE 2 THE BOARD DETERMINES THROUGH THE BUDGETING PROCESS THE AMOUNT OF MONEY AVAILABLE FOR FINANCIAL AID (FA). THE FA COMMITTEE DETERMINES GRANT AWARDS BASED ON DOCUMENTATION SUBMITTED BY FA APPLICANTS. THE DOCUMENTATION IS TESTED AND CONFIRMED BY SCHOOL & STUDENT SERVICES FOR FINANCIAL AID (SSS). THE SCHOOL REQUIRES ALL FA APPLICANTS TO SIGN A 4506 TAX FORM ALLOWING THE SCHOOL ACCESS OF TAX RETURNS DIRECTLY FROM THE IRS. AWARDS GRANTED ARE APPLIED DIRECTLY TO THEIR TUITION X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 BENJAMIN SHIFRIN HEAD OF SCHOOL 296281 0 0 0 0 0 74710 0 528 0 371519 0 0 0 EUGENIA GYFTOPOULOS CHIEF FINANCIAL OFFICER 134691 0 0 0 0 0 25121 0 565 0 160377 0 0 0 TIMOTHY HORMES CHIEF OPERATING OFFICER 121377 0 0 0 0 0 30187 0 565 0 152129 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL HAS A DISCRETIONARY SPENDING ACCOUNT. THE AMOUNT IS NOT INCLUDED IN HIS TAXABLE COMPENSATION. IN ADDITION AS A CONDITION OF EMPLOYMENT, THE HEAD OF THE SCHOOL MUST LIVE ON SCHOOL CAMPUS IN A HOUSE OWNED BY THE SCHOOL. PART I, LINE 4B BENJAMIN SHIFRIN - $30,000 SWAGDOG OWNER IS BOARD MEMBER 35689 PURCHASE OF ATHLETIC AND SPIRIT WEAR 0 FORM 990, PART VI, SECTION A, LINE 2 TWO TRUSTEES ON THE BOARD ARE MARRIED FORM 990, PART VI, SECTION B, LINE 11B THE CHAIR OF THE BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS AND MADE AVAILABLE TO THE ENTIRE GOVERNING BODY. BOARD MEMBERS ARE NOTIFIED VIA EMAIL THAT THE 990 IS AVAILABLE FOR THEIR REVIEW ON A SECURE WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURE FORMS ARE UPDATED ANNULLY, OR SOONER IF CHANGED CIRCUMSTANCES REQUIRE DISCLOSURE. ALL PERSONS SUBJECT TO THE CONFLICT OF INTEREST POLICY ARE EXPECTED TO UPDATE THEIR DISCLOSURE FORM AT ANY TIME DURING THE YEAR THAT THE INFORMATION ON THE FORM CHANGES. THE ADMINISTRATION AND MAINTENANCE OF THE DISCLOSURE FORMS ARE THE RESPONSIBILITY OF THE PRESIDENT(CHAIR OF THE BOARD), OR HIS/HER DESIGNEE. THE CHAIR HAS DESIGNATED THE BUSINESS OFFICE TO BE RESPONSIBLE FOR KEEPING ALL FORMS ON FILE AND FOR KEEPING HER INFORMED OF ANY CONFLICT OF INTEREST DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S (EXECUTIVE DIRECTOR) CONTRACT WAS MADE IN 2014 AND AMENDED IN 2016. A SMALL COMMITTEE LED BY THE BOARD CHAIR REVIEWED SALARY AND BENEFIT DATA FROM AIMS, NAIS AND THE SCHOOL'S AUDITORS. A MULTI-YEAR CONTRACT, WITH GUIDELINES FOR FUTURE SALARY INCREASES, WAS NEGOTIATED WITH THE HEAD OF SCHOOL AND APPROVED BY THE ENTIRE BOARD OF TRUSTEES. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE HEAD OF SCHOOL WHO ALSO USES AIMS AND NAIS DATA. THE SALARIES OF KEY EMPLOYEES AND COMPARATIVE DATA WAS REVIEWED BY THE FINANCE COMMITTEE TO ENSURE THAT THE SALARIES WERE APPROPRIATE. THE FINANCE COMMITTEE AND BOARD OF TRUSTEES APPROVE SALARY INCREASES AS A PERCENTAGE OF THE TOTAL CURRENT SALARY BUDGET EACH YEAR DURING THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ON FILE IN THE BUSINESS OFFICE AND AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR 2305 VELVET VALLEY WAY LLC 11 CELADON ROAD OWINGS MILLS MD 21117 465087478 REAL ESTATE MD 663695 THE JEMICY SCHOOL INC