2025-05-13T21:05:58-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-07-01 131623878 THE ALLEN-STEVENSON SCHOOL ALLE 2122886710 132 EAST 78TH STREET NEW YORK NY 10075 DUNCAN LYON HEAD OF SCHOOL 2122886710 2025-05-13 1 1 MELISSA MODELSON P01603524 9143818900 2025-05-13 2023 2025-03-06 01:10:19Z DUNCAN LYON 132 EAST 78TH STREET NEW YORK NY 10075 45012943 0 X WWW.ALLEN-STEVENSON.ORG X 1904 NY TO PROVIDE CONTINUOUS EDUCATION FOR BOYS FROM KINDERGARTEN THROUGH 8TH GRADE. 25 22 232 223 0 0 9441029 9904546 24896660 24916961 428035 1580179 383616 489874 35149340 36891560 2982085 2799337 0 0 19176256 18209884 0 0 1687598 9793399 10165650 31951740 31174871 3197600 5716689 140690800 146293476 35830990 32954508 104859810 113338968 X ALLEN-STEVENSON'S DISTINCTIVE "ENLIGHTENED TRADITIONAL" APPROACH EDUCATES BOYS TO BECOME SCHOLARS AND GENTLEMEN. IN THE BELIEF THAT THERE ARE MANY WAYS TO BE A BOY, THE SCHOOL OFFERS AN ONGOING COMMITMENT TO EACH STUDENT AND USES THE BEST INSIGHTS AND TOOLS AVAILABLE TO UNDERSTAND HIM AS A WHOLE PERSON. WE INSPIRE IN EACH BOY AN APPRECIATION OF RESPONSIBLE CITIZENSHIP AND A LIFELONG LOVE OF LEARNING. 0 0 19643072 2506914 22732800 3 A'S:ALLEN-STEVENSON'S VIGOROUS PROGRAM OF ACADEMICS, ATHLETICS AND THE ARTS ("THE 3 A'S") TEACHES BOYS TO VALUE THE GRATIFYING PROCESS BY WHICH EXCELLENCE IS ATTAINED. WE CHALLENGE OUR STUDENTS TO TAKE SUITABLE RISKS, LEARN FROM THEIR MISTAKES, AND SUPPORT EACH OTHER. THE SCHOOL PROVIDED THIS PROGRAM TO 384 BOYS IN 2023 FROM KINDERGARTEN TO 8TH GRADE, WITH 118 FACULTY AND STAFF. 842695 190646 1025172 AFTER SCHOOL PROGRAM (ALLIGATOR SOUP):ALLEN-STEVENSON OFFERS A WONDERFULLY DIVERSE AND ENGAGING AFTER SCHOOL PROGRAM FOR KINDERGARTEN THROUGH FOURTH GRADE. IN ADDITION, THERE IS A MIDDLE SCHOOL PROGRAM FOR BOYS IN FIFTH AND SIXTH GRADES. 571767 101671 637565 INSTRUMENTAL MUSIC PROGRAM:ALLEN-STEVENSON OFFERS A MUSIC PROGRAM THAT PROVIDES MUSIC ENRICHMENT FOR APPROXIMATELY 193 INSTRUMENTAL STUDENTS, WITH A STAFF OF 12 INSTRUMENTAL INSTRUCTORS. 2801528 106 513239 OTHER PROGRAMS:ALLEN-STEVENSON PROVIDES NUMEROUS OTHER PROGRAMS, WHICH SUPPORT AND ENHANCE THE ALLEN-STEVENSON EXPERIENCE AND COMMUNITY, AND INCLUDE BUT ARE NOT LIMITED TO: A SUMMER CAMP, YEARBOOK, DRAMA/MUSICAL, BIRTHDAY PARTIES, ETC. 2801528 106 513239 23859062 1 1 0 0 0 0 0 1 1 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 1 0 0 0 0 0 0 0 0 1 96 0 232 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X X HYDEE BRESSLER BASSEL CFOO 2122886710 132 EAST 78TH STREET NEW YORK NY 10075 DUNCAN LYON HEAD OF SCHOOL 50.00 X X 660389 0 121557 METIN NEGRIN PRESIDENT 5.00 X X 0 0 0 ALEXANDER KLABIN VP & TREASURER 3.00 X X 0 0 0 LAUREN ERBST TRUSTEE & PA PRESIDENT 1.00 X 0 0 0 KERIANNE FLYNN TRUSTEE 1.00 X 0 0 0 ARYN GROSSMAN TRUSTEE 1.00 X 0 0 0 ALEXIS HUNTER TRUSTEE 1.00 X 0 0 0 LAUREN IRWIN TRUSTEE 1.00 X 0 0 0 CHRIS JONES TRUSTEE 1.00 X 0 0 0 A REED KATZ TRUSTEE 1.00 X 0 0 0 MONICA KEANY TRUSTEE 2.00 X 0 0 0 BLAIR KLAFF TRUSTEE 1.00 X 0 0 0 CAMERON ALEX KOFFMAN TRUSTEE 1.00 X 0 0 0 RASHIDA LA LANDE TRUSTEE 3.00 X 0 0 0 COLM MACMAHON TRUSTEE 1.00 X 0 0 0 HEATHER MCAULIFFE TRUSTEE 1.00 X 0 0 0 AMY PECK TRUSTEE 1.00 X 0 0 0 ANUPAMA POOLE TRUSTEE 1.00 X 0 0 0 AUDREY RASCH TRUSTEE 1.00 X 0 0 0 IAN SCHRAGER TRUSTEE 1.00 X 0 0 0 MICHAEL SCHRIEBER TRUSTEE 1.00 X 0 0 0 TOM UGER TRUSTEE 1.00 X 0 0 0 CAROLYN WEINBERG TRUSTEE 1.00 X 0 0 0 MCCARTNEY WILKINS TRUSTEE 1.00 X 0 0 0 ANDY WILLIS TRUSTEE 1.00 X 0 0 0 HYDEE BRESSLER BASSEL CHIEF FINANCIAL & OPERATING OFFICER 50.00 X 360454 0 78192 STEPHEN M WARNER HEAD OF LOWER DIVISION 40.00 X 249748 0 67525 KATHERINE DUCKWORTH-SCHACHTER DIRECTOR OF DEVELOPMENT 40.00 X 218179 0 77618 WINIFRED BARNES DIR., ORGANIZATIONAL INITIATIVES 40.00 X 242104 0 39929 ANDREW C ZEVON DIRECTOR OF TECHNOLOGY 40.00 X 237935 0 24863 STEVEN COHEN HEAD OF UPPER DIVISION 40.00 X 194868 0 35739 DEVIN A LASANE DIRECTOR OF ADMISSIONS 40.00 X 161833 0 55412 RICHARD ALIFANO DIR., ATHLETICS/PE EDUCATION 40.00 X 216915 0 41256 GREG KNESPLER FACILITIES MANAGER 40.00 X 206768 0 16812 WILLIAM L DRANSFIELD DIRECTOR OF AUXILLIARY PROGRAMS 40.00 X 156761 0 71479 ELIZABETH MCLAUGHLIN SCHOOL PSYCHOLOGIST 40.00 X 169618 0 34463 MICHELE V DEMKO MUSIC DEPARTMENT HEAD 40.00 X 193079 0 18964 3268651 0 683809 55 0 1 0 PAV-LAK CONTRACTING INC 515 GREENWICH STREET NEW YORK NY 10013 CONTRACTOR SERVICES 2550045 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 DINING SERVICE 760791 SELBY BUS III CORP 265 EAST 66TH STREET UNIT 3G NEW YORK NY 10065 STUDENT TRANSPORTATION SERVICES 133543 VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 LEGAL SERVICES 121968 KLIMENT HALSBAND ARCHITECTS LLP 115 5TH AVENUE 3RD FLOOR NEW YORK NY 10003 ARCHITECTURE SERVICES 105263 9 231129 269168 9404249 512297 9904546 TUITION AND FEES 611710 22732800 22732800 AUXILIARY PROGRAMS 611710 1339536 1339536 MUSIC LESSONS 611710 637565 637565 ADMISSIONS AND FEES 611710 207060 207060 24916961 1590822 1590822 476547 0 476547 476547 476547 7850865 1882 7863390 0 -12525 1882 -10643 -10643 173620 231129 167000 6620 6620 82808 90993 -8185 -8185 INSURANCE REIMBURSEMENT 900099 9910 9910 REFUNDS & REBATES 900099 3802 3802 OTHER REVENUE 900099 1180 1180 14892 36891560 24908776 0 2078238 2799337 2799337 2939642 1182396 1339907 417339 11815829 9542064 1915224 358541 791118 659533 112908 18677 1628272 1237335 331063 59874 1035023 760610 222922 51491 220095 220095 75635 75635 35000 35000 139576 14226 125350 488746 43360 222223 223163 297657 38189 257190 2278 471148 394011 66852 10285 9289 5247 3292 750 860841 692620 100178 68043 4242694 3563863 339416 339415 405074 283552 105319 16203 STUDENT SERVICES 950152 950152 AUXILIARY PROGRAM 715598 715598 REPAIRS AND MAINTENANCE 322478 270882 25798 25798 INSTRUCTIONAL EXPENSES 296361 272361 24000 635306 433726 105839 95741 31174871 23859062 5628211 1687598 1389345 1409838 12655024 15836546 751301 563741 1134089 1169237 30343 16540 125667 157026 128360760 29888128 101643911 98472632 22731640 28425526 23423 25841 206057 216549 140690800 146293476 3246286 2803443 7251063 6463658 0 4500 25283641 23574392 50000 108515 35830990 32954508 X 96484252 102946393 8375558 10392575 104859810 113338968 140690800 146293476 X 5716689 2790086 -27617 X X 0 1 X 1 0 X 8339127 6321027 10804583 9441029 9904546 44810312 8339127 6321027 10804583 9441029 9904546 44810312 4557601 40252711 561317 135088 234396 1269764 2067369 4267934 91929 43187 6620 141736 178440 49760 280049 55045 14892 578186 49798168 119685546 0.80830 0.76300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE SETTLEMENTS - 2019 AMOUNT: $ 81,029. 2021 AMOUNT: $ 258,913. 2022 AMOUNT: $ 3,000. REFUND - 2019 AMOUNT: $ 47,779. 2020 AMOUNT: $ 8,417. 2021 AMOUNT: $ 12,996. 2022 AMOUNT: $ 17,355. 2023 AMOUNT: $ 3,802. INSURANCE REIMBURSEMENT - 2019 AMOUNT: $ 45,345. 2020 AMOUNT: $ 26,604. 2023 AMOUNT: $ 9,910. OTHER INCOME - 2019 AMOUNT: $ 4,287. 2020 AMOUNT: $ 14,739. 2021 AMOUNT: $ 8,140. 2022 AMOUNT: $ 34,690. 2023 AMOUNT: $ 1,180. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X EDUCATION 0 0 1 X 25564302 7445157 3691140 2858886 35000 33806713 23146709 5882700 2094138 5524245 35000 25564302 27871757 2876675 -1230727 6335996 35000 23146709 28618326 2649501 3064826 6425896 35000 27871757 28396368 274706 110086 127834 35000 28618326 0.70983 0.21117 0.07900 0 0 8764062 8764062 115156237 27594647 87561590 4366643 2293481 2073162 73818 73818 98472632 DEFERRED COMPENSATION 108515 108515 X 36919040 2790086 90993 2881079 34037961 35000 2818599 2853599 36891560 28439882 118610 118610 28321272 35000 2818599 2853599 31174871 PART III, LINE 4: IN ITS LIBRARY, THE SCHOOL EXHIBITS A HISTORICAL MAP DATING BACK TO 1755, WHICH SHOWS THE 13 COLONIES AND LANDS USED AS "LAND GRANTS" BY REVOLUTIONARY GOVERNMENTS AS A METHOD OF OBTAINING MILITARY SERVICES. THE MAP IS AN EDUCATIONAL TOOL OF THE SCHOOL IN PROVIDING A QUALITY EDUCATION TO ITS STUDENTS. PART IV, LINE 2B: RENTAL SECURITY DEPOSITS HELD AT ALLEN-STEVENSON SCHOOL PART V, LINE 4: THE OBJECTIVE OF THE SCHOOL IS TO MAINTAIN THE PRINCIPAL ENDOWMENT FUNDS AT THE ORIGINAL AMOUNT DESIGNATED BY THE DONOR. THE INVESTMENT POLICY TO ACHIEVE THIS OBJECTIVE IS TO INVEST IN A DIVERSIFIED PORTFOLIO. INTEREST EARNED IN RELATION TO THE ENDOWMENT FUNDS IS RECORDED AS TEMPORARILY RESTRICTED INCOME AND THE SPENDING ALLOCATION MAY BE TRANSFERRED TO THE CURRENT OPERATING BUDGET UP TO THE PERCENTAGE ALLOCATION AMOUNT OF THE CURRENT SPENDING POLICY. PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSED TO PART VIII, LINE 10B 90,993. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS NETTED AGAINST REVENUE 2,799,337. PARENT'S ASSOCIATION EXPENSES REPORTED IN PART IX 19,262. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSED TO PART VIII, LINE 10B 90,993. LOSS ON DISPOSAL OF EQUIPMENT RECLASSED TO PART XI, LINE 9 654. WRITE-OFF OF PLEDGE RECEIVABLE RECLASSED TO PART XI, LINE 9 26,963. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS NETTED AGAINST REVENUE 2,799,337. PARENT'S ASSOCIATION EXPENSES REPORTED IN PART IX 19,262. 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 ALLEN-STEVENSON SCHOOL ACTIVELY SEEKS TO FORWARD THE EQUITY AND DIVERSITY OF OUR COMMUNITY IN OUR ADMISSIONS, PROGRAMS AND HIRING. THE ALLEN-STEVENSON SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, AGE, PHYSICAL OR MENTAL DISABILITY, CITIZENSHIP STATUS, MARITAL STATUS, CREED, SEXUAL ORIENTATION, ETHNICITY OR ANY OTHER CHARACTERISTIC PROTECTED BY LOCAL, STATE AND FEDERAL LAW. THE ALLEN-STEVENSON SCHOOL ACTIVELY SEEKS DIVERSITY IN ITS FACULTY AND STUDENT BODY. ALLEN-STEVENSON SCHOOL IS ONE OF MANY SCHOOLS WHO ARE LISTED IN THE INDEPENDENT SCHOOL ADMISSIONS ASSOCIATION OF GREATER NEW YORK (ISAAGNY) ADVERTISEMENT THAT STATES NON-DISCRIMINATORY POLICY TOWARDS STUDENT ACCEPTANCES. ADDITIONALLY, THE NONDISCRIMINATORY POLICY IS LISTED ON ALL MARKETING MATERIALS AND ON OUR WEBSITE'S HOMEPAGE. SCHEDULE E, PART I, LINE 6 ALLEN-STEVENSON SCHOOL RECEIVES FUNDS FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION AND STATE OF NEW YORK. AUCTION SPRING BENEFIT 404749 231129 173620 2000 92564 1000 71436 404749 231129 173620 2000 92564 1000 71436 167000 6620 1 FINANCIAL AID/SCHOLARSHIPS 69 2799337 PART I, LINE 2: THE SCHOOL GRANTS FINANCIAL AID GRANTS TO THOSE FAMILIES WHO CANNOT AFFORD THE FULL TUITION. THE PROCESS FOR DETERMINING THE AWARD IS AS FOLLOWS: THE CHIEF FINANCIAL AND OPERATING OFFICER SETS THE BUDGET FOR THE TOTAL AMOUNT OF GRANTS TO BE AWARDED. THE FINANCE COMMITTEE REVIEWS THE BUDGET PRIOR TO BOARD APPROVAL. IN NOVEMBER, AN EMAIL NOTIFICATION IS SENT TO FAMILIES WITH A LINK TO CLARITYAPP.COM ("CLARITY") THAT PROMPTS FAMILIES TO LOG ON AND SUBMIT THROUGH CLARITY, A FINANCIAL AID APPLICATION PLATFORM. CLARITY CAN AUTOMATICALLY RECEIVE A FAMILY'S 1040 AND W2 DOCUMENTS FROM THE PRIOR YEAR WHEN THEY COMPLETE THE VERIFICATION STEP TO PULL THOSE DOCUMENTS DIRECTLY FROM THE IRS. FAMILIES WILL ALSO SHARE THE AMOUNT THEY BELIEVE THAT THEY CAN CONTRIBUTE TOWARD TUITION. BASED ON THE FORM AND ADDITIONAL DOCUMENTATION SUBMITTED BY THE FAMILIES, CLARITY WILL CALCULATE AN EXPECTED FAMILY CONTRIBUTION TOWARDS TUITION. CLARITY'S SYSTEM TRACKS THE POTENTIAL AWARDS TO BE GRANTED TO EACH STUDENT. THE CHIEF FINANCIAL AND OPERATING OFFICER REVIEWS THE POTENTIAL AWARDS ALONG WITH THE FINANCIAL AID COMMITTEE. THE COMMITTEE ALLOCATES THE AWARDS. AWARD LETTERS ARE SENT TO THE FAMILIES ALONG WITH THEIR ENROLLMENT OR REENROLLMENT. CHANGES MAY OCCUR IF THERE SEEMS TO BE INCONSISTENCIES IN THE FINANCIAL DATA SUBMITTED (AS ALL APPLICANTS MUST SUBMIT THEIR COMPLETED 1040 TAX RETURNS AND BUSINESS RETURNS IF APPLICABLE). X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DUNCAN LYON HEAD OF SCHOOL 512758 0 0 0 147631 0 76400 0 45157 0 781946 0 0 0 HYDEE BRESSLER BASSEL CHIEF FINANCIAL & OPERATING OFFICER 352568 0 0 0 7886 0 26400 0 51792 0 438646 0 0 0 STEPHEN M WARNER HEAD OF LOWER DIVISION 226492 0 0 0 23256 0 21249 0 46276 0 317273 0 0 0 KATHERINE DUCKWORTH-SCHACHTER DIRECTOR OF DEVELOPMENT 214814 0 0 0 3365 0 19655 0 57963 0 295797 0 0 0 WINIFRED BARNES DIR., ORGANIZATIONAL INITIATIVES 238498 0 0 0 3606 0 20004 0 19925 0 282033 0 0 0 ANDREW C ZEVON DIRECTOR OF TECHNOLOGY 234581 0 0 0 3354 0 19405 0 5458 0 262798 0 0 0 RICHARD ALIFANO DIR., ATHLETICS/PE EDUCATION 208124 0 0 0 8791 0 18295 0 22961 0 258171 0 0 0 STEVEN COHEN HEAD OF UPPER DIVISION 192876 0 0 0 1992 0 16180 0 19559 0 230607 0 0 0 WILLIAM L DRANSFIELD DIRECTOR OF AUXILLIARY PROGRAMS 155622 0 0 0 1139 0 14309 0 57170 0 228240 0 0 0 GREG KNESPLER FACILITIES MANAGER 183542 0 0 0 23226 0 16724 0 88 0 223580 0 0 0 DEVIN A LASANE DIRECTOR OF ADMISSIONS 160834 0 0 0 999 0 13849 0 41563 0 217245 0 0 0 MICHELE V DEMKO MUSIC DEPARTMENT HEAD 191233 0 0 0 1846 0 15813 0 3151 0 212043 0 0 0 ELIZABETH MCLAUGHLIN SCHOOL PSYCHOLOGIST 168475 0 0 0 1143 0 14200 0 20263 0 204081 0 0 0 PART I, LINE 1A ACCORDING TO THE CONTRACT, AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE SCHOOL, THE SCHOOL PROVIDES HOUSING ALLOWANCE TO THE HEAD OF SCHOOL DUNCAN LYON. IT IS TAXABLE TO THE INDIVIDUAL AND IS REPORTED ON SCH J, PART II, COLUMN (B)(III). THE SCHOOL REIMBURSES THE FORMER HEAD OF SCHOOL DAVID R. TROWER FOR THE COST OF HIS DUES FOR CLUB MEMBERSHIP TO THE UNION CLUB AS PER HIS CONTRACT. SOCIAL CLUB DUES ARE NON TAXABLE BY VIRTUE OF BEING A WORKING CONDITION FRINGE UNDER IRC SECTION 132. THE HEAD OF SCHOOL USES THE MEMBERSHIP EXCLUSIVELY FOR SCHOOL PURPOSES. PART I, LINE 4B DUNCAN LYON, HEAD OF SCHOOL, PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN 457(F). THE SCHOOL CONTRIBUTED $50,000 TO THE 457(F) PLAN IN 2023. 49700 FINANCIAL AID DISCOUNTED TUITION X 14 512297 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE FORM 990 TO OBTAIN AN UNDERSTANDING OF THE REPORTING REQUIREMENTS AND TO ENSURE IT IS ACCURATE AND COMPLETE. SUBSEQUENTLY, A COPY OF THE DRAFT FORM 990 SHORT FORM (WITHOUT SCHEDULE B) IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. THE AUDIT COMMITTEE DISCUSSES THE FORM 990 WITH MANAGEMENT AND RESOLVES ANY QUESTIONS THAT ARISE. THE PUBLIC INSPECTION COPY OF THE DRAFT FORM 990 IS THEN DISTRIBUTED, EITHER ELECTRONICALLY OR BY HARD COPY, TO THE BOARD FOR REVIEW AND COMMENT. IN ORDER TO ENSURE CONFIDENTIALITY OF OUR DONORS, THE DONOR LIST (SCHEDULE B) IS NOT INCLUDED IN THE DISTRIBUTION. THE FORM 990 IS FILED ONCE THE BOARD'S COMMENTS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, KEY EMPLOYEES AND ALL OTHER EMPLOYEES SIGN A CONFLICT-OF-INTEREST POLICY STATEMENT ANNUALLY, WHICH IS REVIEWED BY MANAGEMENT. IF A CONFLICT APPEARS TO EXIST, MANAGEMENT AND THE BOARD OF TRUSTEES AUDIT COMMITTEE WILL MEET WITH THE INDIVIDUAL TO OBTAIN ALL THE FACTS. IF A CONFLICT IS IDENTIFIED, THE INDIVIDUAL TO WHOM IT PERTAINS MUST REFRAIN FROM PARTICIPATING IN THE DECISION MAKING CONCERNING THE MATTER THAT GAVE RISE TO THE CONFLICT. ADDITIONALLY, AN EMPLOYEE WHO RECOMMENDS A VENDOR TO THE SCHOOL MUST DISCLOSE TO THE CHIEF FINANCIAL AND OPERATING OFFICER AND THE HEAD OF SCHOOL WHETHER HE OR SHE HAS A RELATIONSHIP WITH THAT VENDOR. IF APPROVED AS APPROPRIATE, THAT VENDOR MUST PROVIDE THE SCHOOL WITH A MINIMUM OF THREE PROFESSIONAL REFERENCES. ADDITIONALLY, THERE WILL BE A BIDDING PROCESS WHERE TWO ADDITIONAL OUTSIDE INDEPENDENT VENDORS WILL BE ASKED TO BID ON THE JOB OR SERVICE AS WELL. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF FINANCIAL AND OPERATING OFFICER OBTAINS INFORMATION FROM THE DASL SYSTEM THAT SHOWS DETAILED SALARY FIGURES FOR VARIOUS POSITIONS IN DIFFERENT COHORTS. THREE SCHOOL GROUPS ARE USED FOR COMPARISON OF CURRENT SALARIES TO ALLEN-STEVENSON SCHOOL'S HIGHLY COMPENSATED AND KEY EMPLOYEES SUCH AS HEAD OF SCHOOL, THE CHIEF FINANCIAL AND OPERATING OFFICER, DIVISION HEADS, DIRECTOR OF ADMISSIONS, FACILITIES DIRECTOR, DIRECTOR OF ATHLETICS, AND DIRECTOR OF DEVELOPMENT. THE PERSONNEL AND COMPENSATION COMMITTEE, MADE UP OF THREE (3) BOARD MEMBERS, REVIEWS THE HEAD'S RECOMMENDATION OF THE SALARIES OF THE ABOVE LISTED POSITIONS, EXCEPT FOR HIS OWN SALARY, FOR FAIRNESS AND APPROPRIATENESS. THE HEAD OF SCHOOL'S SALARY IS RECOMMENDED BY THE PRESIDENT OF THE BOARD AND APPROVED BY THE OTHER MEMBERS OF THE COMPENSATION COMMITTEE. THE MEETINGS OF THE COMPENSATION COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST COMPLETED THURSDAY, MAY 9, 2024. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLICATION INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORM 990, CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND EMPLOYEE HANDBOOK ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF EQUIPMENT -654. WRITE OFF OF PLEDGE RECEIVABLE -26,963. FORM 990, PART XII, LINE 2C: THE PROCESS FOR ASSUMING RESPONSIBILITY OVER THE AUDIT OF THE ORGANIZATION AND FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR.