2025-05-14T07:32:18-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2023-07-01 231352650 THE AGNES IRWIN SCHOOL AGNE 6108011869 P O BOX 407 ROSEMONT PA 19010 SALLY B KEIDEL HEAD OF SCHOOL 6108011869 2025-05-12 1 0 MALLORY GOOD P01704765 2156433900 2025-05-12 2023 2025-03-06 01:10:19Z SALLY B KEIDEL P O BOX 407 ROSEMONT PA 19010 35497417 0 X WWW.AGNESIRWIN.ORG X 1869 PA TO FOSTER THE INTELLECTUAL AND PERSONAL GROWTH OF GIRLS AND YOUNG WOMEN 32 32 331 232 0 0 6283448 7060461 23162549 25251621 -3236978 1317015 422628 338145 26631647 33967242 4849260 5265810 0 0 14977027 15850577 23500 232866 1970746 9076639 9435275 28926426 30784528 -2294779 3182714 109950977 117349381 35118486 35736341 74832491 81613040 THE AGNES IRWIN SCHOOL EMPOWERS GIRLS TO LEARN, TO LEAD, AND TO LIVE A LEGACY. AGNES IRWIN PROVIDES GIRLS WITH A DEEP FOUNDATION IN THE HUMANITIES, MATHEMATICS AND SCIENCE, WELLNESS AND ATHLETICS. IN AN INCLUSIVE SETTING THAT VALUES DIVERSITY, (CONTINUED ON SCHEDULE O) 0 0 20477084 5265810 25251621 THE AGNES IRWIN SCHOOL, A NON-DENOMINATIONAL ALL-GIRLS COLLEGE PREPARATORY SCHOOL FOR GRADES PRE-K THROUGH 12, FOSTERS THE INTELLECTUAL, AND PERSONAL GROWTH OF GIRLS AND YOUNG WOMEN THROUGH A RIGOROUS LIBERAL ARTS EDUCATION AND DYNAMIC CO-CURRICULAR PROGRAMMING, INCLUDING VISUAL AND PERFORMING ARTS, ATHLETICS, COMMUNITY SERVICE, AND LEADERSHIP DEVELOPMENT. OUR CENTER FOR THE ADVANCEMENT FOR GIRLS (CAG) SERVES AS A RESEARCH BASE FOR INITIATIVES FOCUSED ON FOUR PILLARS CRITICAL TO GIRLS' SUCCESS: LEADERSHIP, GLOBAL CITIZENSHIP, WELLNESS, AND 21ST CENTURY TEACHING AND LEARNING. OUR STUDENT BODY OF APPROXIMATELY 580 REPRESENTS A DIVERSE ARRAY OF COMMUNITIES THROUGHOUT THE PHILADELPHIA REGION. 20477084 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 43 0 1 331 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X BRENDA R COLE 6108011689 ITHAN AVENUE CONESTOGA ROAD ROSEMONT PA 19010 ANNE FORD CHAIR 1.00 X X 0 0 0 POLLY WARREN COXE VICE CHAIR 1.00 X X 0 0 0 SEAN MCCARTHY VICE CHAIR 1.00 X X 0 0 0 BRIAN BERNHARDT SECRETARY 1.00 X X 0 0 0 SARAH ROTH TREASURER 1.00 X X 0 0 0 ANTHONY T BENNETT TRUSTEE 1.00 X 0 0 0 AARTI BIJLANI TRUSTEE 1.00 X 0 0 0 SUSAN S BURCH TRUSTEE 1.00 X 0 0 0 LUISA CONSTREIRAS TRUSTEE 1.00 X 0 0 0 AMY COOPER TRUSTEE 1.00 X 0 0 0 FRANK COULSON III TRUSTEE 1.00 X 0 0 0 DONTA EVANS TRUSTEE 1.00 X 0 0 0 SAM GLICKMAN TRUSTEE 1.00 X 0 0 0 DAN GOLDSMITH TRUSTEE 1.00 X 0 0 0 KAREEMA LEVETTER GRAY TRUSTEE 1.00 X 0 0 0 ANNE FRITCHMAN HAMILTON TRUSTEE 1.00 X 0 0 0 CATHERINE HALDY JARMAN TRUSTEE 1.00 X 0 0 0 NICK KARALIS TRUSTEE 1.00 X 0 0 0 ANN V KLOTZ TRUSTEE 1.00 X 0 0 0 JAMES J LAWSON TRUSTEE 1.00 X 0 0 0 KELLY M MALLOY TRUSTEE 1.00 X 0 0 0 LAURA BUCK MARSHALL TRUSTEE 1.00 X 0 0 0 SARAH MARSHALL TRUSTEE 1.00 X 0 0 0 SUSAN HIRTLE MCEVOY TRUSTEE 1.00 X 0 0 0 CLARE PUTNAM POZOS TRUSTEE 1.00 X 0 0 0 LIZANN BOYLE RODE TRUSTEE 1.00 X 0 0 0 ANDREA LUCAS SCHMERIN TRUSTEE 1.00 X 0 0 0 JODY SEIBERT TRUSTEE 1.00 X 0 0 0 ANN LAUPHEIMER SONNENFELD TRUSTEE 1.00 X 0 0 0 BRUCE E TERKER TRUSTEE 1.00 X 0 0 0 JACQUES VAUCLAIN TRUSTEE 1.00 X 0 0 0 KAREN P ZIMMER TRUSTEE 1.00 X 0 0 0 SALLY KEIDEL HEAD OF SCHOOL 55.00 X 503523 0 132548 NICO WASHINGTON CFO UNTIL 2/28/23 40.00 X 39069 0 1950 WENDY BARNHART CFO THROUGH JUNE 2024 40.00 X 169402 0 19163 ELIZABETH ROSSINI ASSISTANT HEAD OF SCHOOL 40.00 X 195836 0 29368 MARGARET WELSH DIRECTOR OF DEVELOPMENT 40.00 X 165663 0 24352 JUBIN KWON DIRECTOR OF MARKETING &COMMUNICATIONS 40.00 X 124925 0 26731 ANDREW KATZ DIR OF ACADEMIC & INFO TEC 40.00 X 146053 0 5587 COURTNEY LUBBE DIRECTOR OF ATHLETICS 40.00 X 133670 0 12835 1478141 0 252534 30 0 1 0 PROFESSIONAL BUILDING SERVICES INC 3936 MILLER ROAD NEWTOWN SQUARE PA 19073 JANITORIAL AND MAINTENANCE SERVICES 484801 CULINART GROUP INC PO BOX 417632 BOSTON MA 022417632 FOOD SERVICES 244750 MARTS & LUNDY INC 160 CHUBB AVE STE 303 LYNDHURST NJ 07071 CONSULTING 232866 OLOGIE INC 447 EAST MAIN STREET COLUMBUS OH 43215 DESIGN & BRANDING SERVICES 176239 INDEPENDENCE PROPERTY SERVICES LLC PO BOX 936640 ATLANTA GA 311936640 MAINTENANCE SERVICES 169224 9 286013 105719 6668729 586376 7060461 TUITION 611110 24737216 24737216 SUMMER AND AFTER SCHOOL SESSIONS 611110 514405 514405 25251621 1168701 1168701 107570 35000 72570 72570 72570 1344447 1196133 148314 148314 148314 94325 286013 140322 -45997 -45997 239944 158720 81224 81224 VENDING MACHINE COMMISSION 900099 1870 1870 228478 228478 230348 33967242 25251621 0 1655160 5265810 5265810 938148 138109 592877 207162 12369114 7179576 4403053 786485 502139 333191 156072 12876 1105378 718137 357441 29800 935798 535548 328768 71482 62279 62279 169913 169913 232866 232866 53447 53447 1344232 866245 417850 60137 121593 121593 572692 54527 326114 192051 607976 417173 176810 13993 308275 226235 71939 10101 73122 57194 15928 634365 482173 129765 22427 2446170 1945928 409734 90508 189510 150755 31743 7012 CLASSROOM/INSTRUCTIONAL 1336673 1336673 REPAIRS AND MAINTENANCE 967087 664687 271752 30648 EVENT EXPENSES 294868 8012 139474 147382 PROFESSIONAL ENRICHMENT 253073 32712 180473 39888 30784528 20477084 8336698 1970746 5488203 932475 4895998 13027186 1576892 2113919 17064417 17933518 88610 118349 302591 539283 88802903 40383957 50584327 48418946 2543423 27864670 26216756 5840524 1189760 560511 109950977 117349381 1939067 2018164 19952879 21075549 9994352 9524669 2210000 2185000 1022188 932959 35118486 35736341 X 47615832 48761203 27216659 32851837 74832491 81613040 109950977 117349381 X 3182714 3540599 57236 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28402069 2469784 4172985 1042250 34002588 25103057 1750001 2544011 995000 28402069 28084632 2395408 -4523058 853925 25103057 18788471 4875125 5266517 845481 28084632 19161891 171433 313071 857924 18788471 0.25454 0.74546 0.00000 0 0 1599812 1599812 77678123 31674411 46003712 9132003 8320175 811828 392965 389371 3594 48418946 ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATION 708365 LEASE LIABILITY - OPERATING 213904 LEASE LIABILITY - FINANCING 10690 932959 X 32535270 3540599 -5253166 -1712567 34247837 53447 -334042 -280595 33967242 25754721 334042 334042 25420679 53447 5310402 5363849 30784528 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS ARE USED TO PROVIDE INCOME IN SUPPORT OF FACULTY SALARIES, SABBATICALS, PROFESSIONAL DEVELOPMENT, AND RETIREMENT; ACADEMIC CHAIRPERSONS, FINANCIAL AID, COMMUNITY SERVICE, CURRICULUM ENRICHMENT, VISITING LECTURES AND LIBRARY SERVICES. PART X, LINE 2: THE SCHOOL IS A NONPROFIT ORGANIZATION WHICH HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGES IN SPLIT-INTEREST ARRANGEMENTS 40,693. UNREALIZED GAIN ON BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 16,543. TUITION ASSISTANCE AND REMISSION -5,310,402. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -158,720. DIRECT RENTAL EXPENSES -35,000. DIRECT FUNDRAISING EXPENSES -140,322. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 158,720. DIRECT RENTAL EXPENSES 35,000. DIRECT FUNDRAISING EXPENSES 140,322. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE AND REMISSION 5,310,402. 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 HOMEPAGE INCLUDES DISCLOSURE OF NON-DISCRIMINATION, ANTI-HARASSMENT AND NON-RETALIATION POLICY. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES ASSISTANCE FROM THE PENNSYLVANIA DEPARTMENT OF EDUCATION FOR BOOKS. X X X X X X 0 MARTS & LUNDY 160 CHUBB AVENUE SUITE 303 LYNDHURST NJ 07071 CONSULTING 0 0 232866 0 232866 PA RAISE 243220 193220 50000 35378 3768 7682 9545 GOLF OUTING 43331 15606 27725 4594 14244 69 2157 11 93787 77187 16600 650 19583 10626 32026 380338 286013 94325 4594 50272 23351 18377 43728 140322 -45997 1 TUITION ASSISTANCE 213 5265810 FMV TUITION ASSISTANCE APPLIED DIRECTLY TO STUDENT ACCOUNT PART I, LINE 2: NEED-BASED SCHOLARSHIPS ARE CREDITED TO INDIVIDUAL STUDENT ACCOUNTS, REDUCING THE AMOUNT DUE. RECIPIENTS ARE REQUIRED TO FILE A FINANCIAL STATEMENT WITH AN INDEPENDENT AGENCY WHO EVALUATES THE STATEMENT AND MAKES A RECOMMENDATION TO THE SCHOOL OF THE AMOUNT OF SCHOLARSHIP THE APPLICANT SHOULD RECEIVE. THE SCHOOL CONSIDERS THE RECOMMENDATION TOGETHER WITH THE TOTAL FUNDS AVAILABLE FOR SCHOLARSHIPS AND MAKES AWARDS ACCORDINGLY BASED UPON THE NEED OF THE STUDENT AND THE AVAILABILITY OF FUNDS. X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 1 1 SALLY KEIDEL HEAD OF SCHOOL 404907 0 15000 0 83616 0 16890 0 115658 0 636071 0 0 0 ELIZABETH ROSSINI ASSISTANT HEAD OF SCHOOL 195642 0 0 0 194 0 6120 0 23248 0 225204 0 0 0 MARGARET WELSH DIRECTOR OF DEVELOPMENT 164940 0 0 0 723 0 16231 0 8121 0 190015 0 0 0 WENDY BARNHART CFO THROUGH JUNE 2024 169303 0 0 0 99 0 16417 0 2746 0 188565 0 0 0 JUBIN KWON DIRECTOR OF MARKETING &COMMUNICATION 124899 0 0 0 26 0 3960 0 22771 0 151656 0 0 0 ANDREW KATZ DIR OF ACADEMIC & INFO TEC 146025 0 0 0 28 0 3960 0 1627 0 151640 0 0 0 PART I, LINE 1A PER THE HEAD OF SCHOOL CONTRACT, HER CHILDREN'S TUITION WITH A VALUE OF $66,900, PLUS $16,613 OF TAX GROSS-UP, IS INCLUDED IN TAXABLE INCOME. THIS AMOUNT IS INCLUDED IN NONTAXABLE BENEFITS ON PART II, COLUMN (D). THE HEAD OF SCHOOL IS REQUIRED TO LIVE IN A HOUSE LOCATED ON CAMPUS AS A CONDITION OF EMPLOYMENT. FOR 2023, THE VALUE OF THE HOUSING WAS CALCULATED AS $92,748. IN ADDITION, THERE WAS ALSO $10,740 IN CLEANING SERVICES. THESE AMOUNTS ARE INCLUDED IN NONTAXABLE BENEFITS ON PART II, COLUMN (D). PART I, LINE 7 IN 2024, THE HEAD OF SCHOOL WAS PAID A BOARD-APPROVED DISCRETIONARY BONUS OF $15,000. THIS AMOUNT IS REPORTED ON PART II, COLUMN (B)(II). PART I, LINE 8 WENDY BARNHART, INTERIM CFO HAS AN EMPLOYMENT CONTRACT WITH THE SCHOOL STARTING MARCH 2023 THROUGH JUNE 2024. SALLY KEIDEL, HEAD OF SCHOOL, HAS AN EMPLOYMENT CONTRACT WITH THE SCHOOL STARTING JULY 2023 THROUGH JUNE 2026. A NARBERTH BOROUGH INDUSTRIAL DEVELOPMENT AUTHORITY 233077285 2023-06-12 5760000 RE-ISSUE 2015 AND 2003 BONDS FOR CONSTRUCTION OF THE ARTS & SCIENCE CENTER 0 0 0 B DELAWARE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 231997311 2023-06-12 7715000 RE-ISSUE 2012 BONDS FOR CONSTRUCTION OF DINING AND ATHLETIC FACILITIES 0 0 0 A 380000 5760000 5760000 2004 1 0 1 1 B 3240000 7715000 7715000 2013 1 0 1 1 A 0 1 0 0 0.00810 0.00000 0.00810 0 0 1 B 0 1 0 0 0.02680 0.00000 0.02680 0 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 X 105719 PURCHASE PRICE X 38 480657 MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE SCHOOL AND SUCH ADDITIONAL TRUSTEES APPOINTED BY THE CHAIR OF THE BOARD. THE COMMITTEE SHALL, DURING INTERVALS BETWEEN MEETINGS OF THE BOARD, EXERCISE ALL OF THE POWERS OF THE BOARD TO THE EXTENT PERMITTED BY LAW, EXCEPT THE ELECTION AND REMOVAL OF TRUSTEES AND OFFICERS, SELECTION OF HEAD OF SCHOOL, AMENDMENTS TO THE BYLAWS AND ARTICLES OF INCORPORATION, AND DISSOLUTION OF THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND INITIALLY REVIEWED BY THE CONTROLLER, AND THEN THE CHIEF FINANCIAL OFFICER. ONCE INITIAL APPROVAL HAS OCCURED, THE RETURN IS THEN PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. THE FULL BOARD OF TRUSTEES THEN RECEIVES THE RETURN FOR REVIEW AND APPROVAL. ONCE THE PERIOD FOR COMMENTS HAS ENDED, THE RETURN IS THEN FINALIZED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS, TRUSTEES, AND COMMITTEE MEMBERS. POTENTIAL CONFLICTS ARE REPORTED TO THE BOARD AND MEMBERS OF ANY COMMITTEE CONSIDERING A TRANSACTION FOR WHICH A POTENTIAL CONFLICT MAY EXIST. THESE BOARD AND COMMITTEE MEMBERS DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT DOES EXIST, THE CHAIR OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE SCHOOL CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE, BY A MAJORITY VOTE OF THOSE OTHER THAN THE INTERESTED PERSON: (A) WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE SCHOOL'S BEST INTEREST AND FOR ITS OWN BENEFIT; (B) WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE SCHOOL; AND (C) WHETHER TO ENTER INTO A TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. IN ADDITION, AN ANNUAL DISCLOSURE OF ALL ACTUAL OR POTENTIAL CONFLICTS IS REQUIRED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES' COMPENSATION COMMITTEE REVIEWS COMPARATIVE STATISTICS IN ORDER TO DETERMINE COMPENSATION FOR THE HEAD OF SCHOOL WITH THE ASSISTANCE OF AN INDEPENDENT CONSULTANT. COMPENSATION IS BENCHMARKED WITH OTHER, SIMILAR ORGANIZATIONS, TO ENSURE COMPENSATION IS WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. ALL COMPENSATION DISCUSSIONS AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED IN THE BOARD MINUTES AND WAS COMPLETED IN 2024. THE HEAD OF SCHOOL REVIEWS AND APPROVES COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES USING SIMILAR MARKET STUDIES AND COMPENSATION SURVEYS TO ENSURE THEIR COMPENSATION IS WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. ALL COMPENSATION DISCUSSIONS AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED IN THE BOARD MINUTES AND APPROVED WITH THE BUDGET IN THE BOARD MINUTES ANNUALLY EACH SPRING. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN SPLIT-INTEREST ARRANGEMENTS 40,693. UNREALIZED GAIN ON BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 16,543.