2024-11-13T14:44:09-06:00 2024-06-30 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2023-07-01 520258140 THE BRYN MAWR SCHOOL FOR GIRLS OF BALTIMORE CITY INC BRYN 4103238800 109 W MELROSE AVE BALTIMORE MD 21210 SHARON WOLFORD ASST. HEAD OF SCHOOL 4103238800 2024-11-12 1 1 JULIA FLANNERY P00928918 4102469300 2024-11-12 2023 2024-10-15 13:58:12Z RHONDA SMITH-WRIGHT 109 W MELROSE AVE BALTIMORE MD 21210 51339855 0 X WWW.BRYNMAWRSCHOOL.ORG X 1885 MD THE BRYN MAWR SCHOOL INSPIRES A PASSION FOR INTELLECTUAL CURIOSITY, EMPHASIZES THE DELIGHTS AND DEMANDS OF LEARNING, AND NURTURES THE FULL POTENTIAL OF OUR YOUNG WOMEN IN MIND, BODY, AND SPIRIT. TO PREPARE OUR STUDENTS FOR LIFELONG LEARNING AND LEADERSHIP, WE ARE DEEPLY COMMITTED TO ACADEMIC EXCELLENCE, ETHICAL DECISION-MAKING, AND THE DIGNITY OF ALL PEOPLE. A BRYN MAWR EDUCATION IS GROUNDED IN THE EXPECTATION THAT YOUNG WOMEN WILL BE RESILIENT IN THE FACE OF COMPLEXITY, AMBIGUITY, AND CHANGE; WILL BECOME RESPONSIBLE AND CONFIDENT PARTICIPANTS IN THE WORLD; AND WILL LEAD CONSIDERED AND CONSEQUENTIAL LIVES. 33 33 442 550 -4960 0 3749685 9051494 29539688 32149227 1937877 273339 93247 129215 35320497 41603275 6412805 6989191 0 0 18382206 19447198 88843 17000 1559938 10284185 10321411 35168039 36774800 152458 4828475 104060974 113742412 37175106 37573547 66885868 76168865 X THE BRYN MAWR SCHOOL INSPIRES A PASSION FOR INTELLECTUAL CURIOSITY, EMPHASIZES THE DELIGHTS AND DEMANDS OF LEARNING, AND NURTURES THE FULL POTENTIAL OF OUR YOUNG WOMEN IN MIND, BODY, AND SPIRIT. TO PREPARE OUR STUDENTS FOR LIFELONG LEARNING AND LEADERSHIP, WE ARE DEEPLY COMMITTED TO ACADEMIC EXCELLENCE, ETHICAL DECISION-MAKING, AND THE DIGNITY OF ALL PEOPLE. A BRYN MAWR EDUCATION IS GROUNDED IN THE EXPECTATION THAT YOUNG WOMEN WILL BE RESILIENT IN THE FACE OF COMPLEXITY, AMBIGUITY, AND CHANGE; WILL BECOME RESPONSIBLE AND CONFIDENT PARTICIPANTS IN THE WORLD; AND WILL LEAD CONSIDERED AND CONSEQUENTIAL LIVES. 0 0 31185526 6989191 31055230 THE BRYN MAWR SCHOOL IS AN INDEPENDENT ALL-GIRLS SCHOOL FOR GRADES K-12 WITH A CO-ED PRESCHOOL. 718 STUDENTS ATTENDED THE SCHOOL DURING THE YEAR. 31185526 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 78 0 1 442 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X SHARON V WOLFORD 4103238800 109 W MELROSE AVE BALTIMORE MD 21210 RHONDA SMITH WRIGHT CHAIR 1.00 X X 0 0 0 MELANIE LENNON VICE CHAIR 1.00 X X 0 0 0 MONICA TUCKER PAST CHAIR 1.00 X X 0 0 0 ANNE SAPIR DEMUTH TREASURER 1.00 X X 0 0 0 ELLEN SMITH DEW SECRETARY 1.00 X X 0 0 0 CYNTHIA AMITIN TRUSTEE 1.00 X 0 0 0 KARLA AGHAJANIAN TRUSTEE 1.00 X 0 0 0 ERIC BROTMAN TRUSTEE 1.00 X 0 0 0 SANDY CHO TRUSTEE 1.00 X 0 0 0 HOWARD COLHOUN TRUSTEE 1.00 X 0 0 0 CHRISTINE CROSS TRUSTEE 1.00 X 0 0 0 MARY HUNDLEY DEKUYPER TRUSTEE 1.00 X 0 0 0 CRISTINA JACOBS EASTON TRUSTEE 1.00 X 0 0 0 NICOLE FOSTER TRUSTEE 1.00 X 0 0 0 JENNIE LEE WILLIAMS FOWLKES TRUSTEE 1.00 X 0 0 0 KIANA HEBRON TRUSTEE 1.00 X 0 0 0 LEXIE BOZZUTO GREENE TRUSTEE 1.00 X 0 0 0 REBECCA D HENRY TRUSTEE 1.00 X 0 0 0 ELIZABETH HIMELFARB HURWITZ TRUSTEE 1.00 X 0 0 0 JOY NAPIER-JOYCE TRUSTEE 1.00 X 0 0 0 CHRISTOPHER LENOX TRUSTEE 1.00 X 0 0 0 CHERYL MICKEL TRUSTEE 1.00 X 0 0 0 JENIFER NUGENT TRUSTEE 1.00 X 0 0 0 PAOLA SANSUR TRUSTEE 1.00 X 0 0 0 JASMINE SHAH TRUSTEE 1.00 X 0 0 0 PETER RUBIN TRUSTEE 1.00 X 0 0 0 GEORGIE SMITH TRUSTEE 1.00 X 0 0 0 TOM SPIES TRUSTEE 1.00 X 0 0 0 EMILY MATHEWS WACHTMEISTER TRUSTEE 1.00 X 0 0 0 MARK WEIGMAN TRUSTEE 1.00 X 0 0 0 BETSY STROBEL WILGIS TRUSTEE 1.00 X 0 0 0 TED WINSTEAD TRUSTEE 1.00 X 0 0 0 JENNIFER SHEFF YEAGLE TRUSTEE 1.00 X 0 0 0 SUSAN SADLER HEAD OF SCHOOL 40.00 X 372501 0 89354 SHARON WOLFORD ASST. HEAD: FIN/ADM. 40.00 X 270780 0 17150 CORY BIRDSALL DIR OF ADVANCEMENT 40.00 X 212918 0 23051 ELAINE SWYRYN ASSOC. HEAD OF SCHOOL 40.00 X 172400 0 10484 JUSTIN CURTIS HEAD OF BRYN MAWR ONLINE SCHOOL 40.00 X 186900 0 11354 NICOLE HOOD UPPER SCHOOL DIRECTOR 40.00 X 162458 0 29347 AMANDA GOGOLA CONTROLLER 40.00 X 161000 0 9440 1538957 0 190180 25 0 1 0 HEALTHCARE SERVICES GROUP INC PO BOX 829677 PHILADELPHIA PA 19182 HOUSEKEEPING 706721 CULINART PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 656215 JPK & ASSOCIATES INC 8961 YELLOW BRICK ROAD ROSEDALE MD 21237 CONSTRUCTION 387859 MISSION MEDIA LLC 3000 FALLS ROAD BALTIMORE MD 21211 MARKETING 128416 4 4332361 4719133 350047 9051494 TUITION AND FEES 611600 29944532 29944532 CAFETERIA 900099 1093997 1093997 SPECIAL ACTIVITIES 611710 690045 690045 SUMMER PROGRAM 611710 420653 420653 32149227 1272602 -4960 1277562 27440 0 27440 27440 27440 8555223 8906604 647882 -351381 -647882 -999263 -999263 200526 182094 18432 18432 MISC. INCOME 900099 83343 83343 83343 41603275 31055230 -4960 1501511 6989191 6989191 780351 594924 139616 45811 14860281 11342843 2663374 854064 754720 565644 137084 51992 1935716 1451195 351287 133234 1116130 836331 202860 76939 93881 81242 10193 2446 89970 77857 9769 2344 17000 17000 283342 251754 31588 3408804 2992742 135178 280884 707173 652142 43338 11693 164515 164515 399141 368080 24461 6600 1778021 1639657 108964 29400 452935 417688 27758 7489 REPAIRS & MAINTENANCE 2145639 1978668 131493 35478 797990 781053 12373 4564 36774800 31185526 4029336 1559938 1200 1200 5842043 3771517 1488669 1682501 344747 4699228 110944 109464 754734 902071 60677118 29829454 30739519 30847664 13260386 22652821 28856276 25149892 22662456 23926054 104060974 113742412 1724312 2351035 23169574 24649246 10120531 9669933 1279750 880939 903333 37175106 37573547 X 25482787 29804830 41403081 46364035 66885868 76168865 104060974 113742412 X 4828475 4405103 49419 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45694465 814901 5264325 1887045 104440 49782206 40652012 2824305 4140528 1798153 124227 45694465 44651359 2379706 -4629285 1643467 106301 40652012 35667390 751900 9874249 1577440 64740 44651359 36746241 667181 686647 2380066 52613 35667390 0.11650 0.88350 0 0 323752 323752 1236000 44465403 22436364 23265039 9317436 4701394 4616042 5334527 2691696 2642831 30847664 BENEFICIAL INTEREST IN TRUST 1948747 F INVESTMENTS IN PRIVATE EQUITY 2255454 F INVESTMENTS IN REAL ESTATE FUND 1332018 F VANGUARD 500 9991013 F VANGUARD TOTAL INTL STK 9622660 F 25149892 INVESTMENT IN AFFILIATE 494906 ASSETS RESTRICTED FOR LONG-TERM INVESTMENT 1339349 CONTRACT ASSET 20878705 FAIR VALUE OF INTEREST RATE SWAP 388378 RIGHT OF USE ASSET - NET 824716 23926054 LEASE LIABILITIES 903333 903333 X 39250700 4405103 231513 4636616 34614084 6989191 6989191 41603275 29967703 182094 182094 29785609 6989191 6989191 36774800 PART V, LINE 4: THE FUND'S INVESTMENT OBJECTIVE IS TO PRESERVE ITS PURCHASING POWER, WHILE PROVIDING A CONTINUING AND STABLE FUNDING SOURCE TO SUPPORT THE PROGRAMS OF THE SCHOOL. PART X, LINE 2: THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND HAS CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. GENERALLY, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD AMOUNTS NETTED WITH REVENUE 182,094. INCREASE IN FAIR VALUE OF INTEREST RATE SWAP 32,037. CHANGE IN FAIR MARKET VALUE OF HARDER TRUST 17,382. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AMOUNTS NETTED ON FINANCIAL STATEMENTS 6,989,191. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD AMOUNTS NETTED WITH REVENUE 182,094. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AMOUNTS NETTED ON FINANCIAL STATEMENTS 6,989,191. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER ADVERTISEMENTS SCHEDULE E, PART I, LINE 6 THE EMPLOYEE RETENTION TAX CREDIT IS A REFUNDABLE TAX CREDIT AGAINST CERTAIN EMPLOYMENT TAXES EQUAL TO 50% OF THE QUALIFIED WAGES AN ELIGIBLE EMPLOYER PAYS TO EMPLOYEES AFTER MARCH 12, 2020, AND BEFORE SEPTEMBER 30, 2021. THE SCHOOL MET ELIGIBILITY REQUIREMENTS AS AN EMPLOYER TO RECEIVE THE TAX CREDIT BASED ON QUALIFIED WAGES FOR THE FIRST THREE QUARTERS OF 2021, RESULTING IN REVENUE OF $4,332,361 RECORDED AS A RECEIVABLE AND REVENUE FOR THE YEAR ENDED JUNE 30, 2024. X X X X X 1 BOB CARTER COMPANIES 2145 14TH AVENUE SUITE 26 VERO BEACH FL 32960 FUNDRAISING CONSULTANT 0 0 17000 -17000 17000 -17000 MD 1 FINANCIAL AID 355 6989191 PART I, LINE 2: THE GRANTS REDUCE THE STUDENT'S TUITION BILL. NO CASH IS GIVEN DIRECTLY TO THE STUDENT. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 SUSAN SADLER HEAD OF SCHOOL 372501 0 0 0 0 0 19800 0 69554 0 461855 0 0 0 SHARON WOLFORD ASST. HEAD: FIN/ADM. 270780 0 0 0 0 0 16290 0 860 0 287930 0 0 0 CORY BIRDSALL DIR OF ADVANCEMENT 212918 0 0 0 0 0 12900 0 10151 0 235969 0 0 0 JUSTIN CURTIS HEAD OF BRYN MAWR ONLINE SCHOOL 186900 0 0 0 0 0 11214 0 140 0 198254 0 0 0 NICOLE HOOD UPPER SCHOOL DIRECTOR 162458 0 0 0 0 0 10008 0 19339 0 191805 0 0 0 ELAINE SWYRYN ASSOC. HEAD OF SCHOOL 172400 0 0 0 0 0 10344 0 140 0 182884 0 0 0 AMANDA GOGOLA CONTROLLER 161000 0 0 0 0 0 4300 0 5140 0 170440 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES THESE NONTAXABLE BENEFITS. A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2017-06-13 12045000 CURRENT REFUNDING AND NEW CAPITAL PROJECT FINANCING 0 0 0 A 2224218 12045000 4000000 8045000 2019 1 0 1 1 A 0 0 1 1 0 0 0 0 A 0 1 0 0 1 1 SUNTRUST 14.989000000000 0 0 0 0 1 A 1 X 7 350047 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. MANAGEMENT, THE TREASURER OF THE BOARD OF TRUSTEES AND THE CHAIR OF THE BOARD OF TRUSTEES REVIEW THE FORM 990 BEFORE IT IS MADE AVAILABLE TO THE ENTIRE GOVERNING BODY AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL TRUSTEES AND OTHER INTERESTED PARTIES REVIEW A COPY OF THE SCHOOL'S CONFLICT OF INTEREST POLICY AND COMPLETE AN AFFIRMATION OF COMPLIANCE AND DISCLOSURE STATEMENT. A SUMMARY OF DISCLOSURES IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD TO DETERMINE THE EXISTENCE OF ANY CONFLICTS AND, IF SO, WHETHER OR NOT A CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTEREST OF THE SCHOOL. DECISIONS ARE REPORTED TO THE BOARD OF TRUSTEES. ALL PARTIES ARE REQUIRED TO INFORM THE BOARD CHAIR OF ANY CHANGE IN THE STATUS OF HIS/HER DISCLOSURE STATEMENT THROUGHOUT THE COURSE OF THE YEAR. ANY SITUATIONS THAT ARISE DURING THE COURSE OF THE YEAR ARE PROCESSED IN THE SAME MANNER AS DESCRIBED HEREIN. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS DETERMINED AND DOCUMENTED BY THE BOARD OF TRUSTEES AND THE COMPENSATION OF OTHER KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY THE HEAD OF SCHOOL. BOTH ARE EXAMINED BY THE BOARD OF TRUSTEES TO ASSURE THAT THE SCHOOL IS IN COMPLIANCE WITH INTERMEDIATE SANCTION REGULATIONS, SPECIFICALLY THAT 1) COMPENSATION OF DISQUALIFIED PERSONS IS REASONABLE AS DETERMINED BY ASSURING THAT IT FALLS WITHIN THE RANGE OF COMPENSATION OF COMPARATIVE EMPLOYEES AT COMPARATIVE INSTITUTIONS; AND 2) SUCH COMPENSATION DOES NOT RESULT IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: INCREASE IN FAIR VALUE OF INTEREST RATE 32,037. CHANGE IN FAIR MARKET VALUE OF HARDER TRUST 17,382. ROLAND-NORTHERN BRIDGE COMPANY 5407 ROLAND AVENUE BALTIMORE MD 21210 300088452 BUILDING AND MAINTENANCE OF PEDESTRIAN BRIDGES MD 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0