2026-05-05T18:58:43-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 878 VETERANS MEMORIAL HWY 4TH FLOOR HAUPPAUGE NY 11788 990 2024-07-01 111633568 GREEN VALE SCHOOL GREE 5166212420 250 VALENTINES LANE OLD BROOKVILLE NY 11545 JESSE DOUGHERTY EDD HEAD OF SCHOOL 5166242420 2026-05-05 1 1 MELISSA MODELSON P01603524 6314349500 2026-04-22 2024 2025-03-06 01:10:19Z JESSE DOUGHERTY EDD 250 VALENTINES LANE OLD BROOKVILLE NY 11545 27815732 0 X WWW.GREENVALESCHOOL.ORG X 1923 NY TO PROVIDE EDUCATION TO STUDENTS 19 19 198 50 0 0 1795973 1928562 16221013 18282042 1452688 1071915 48893 79053 19518567 21361572 854900 953700 0 0 14803662 15822578 48000 0 363276 4867731 5419166 20574293 22195444 -1055726 -833872 64600773 68885067 4237663 5543826 60363110 63341241 THE GREEN VALE SCHOOL PROVIDES A COMPLETE EDUCATIONAL PROGRAM FOR STUDENTS IN PRE-NURSERY THROUGH GRADE 8. 0 0 17534025 953700 18282887 THE GREEN VALE SCHOOL IS AN EDUCATIONAL FACILITY FOR GRADE LEVELS PRE - NURSERY THROUGH GRADE EIGHT. STUDENT ENROLLMENT FOR THIS ACADEMIC YEAR WAS 477. 17534025 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 198 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X THERESA FOY 5166212420 250 VALENTINES LANE OLD BROOKVILLE NY 11545 JEFFREY L BUSCONI PRESIDENT 1.00 X X 0 0 0 TODD EDGAR VICE PRESIDENT 1.00 X X 0 0 0 EMILY PIDOT VICE PRESIDENT 1.00 X X 0 0 0 HARI R RAJAN TREASURER 1.00 X X 0 0 0 SHARON CRANE SECRETARY 1.00 X X 0 0 0 JAMES BEARD TRUSTEE 1.00 X 0 0 0 MEREDITH BROWN TRUSTEE 1.00 X 0 0 0 WILLIAM Q DENG TRUSTEE 1.00 X 0 0 0 KATE DOERGE TRUSTEE 1.00 X 0 0 0 GWENDOLYN GILLIES TRUSTEE 1.00 X 0 0 0 PAMELA KENEALLY TRUSTEE 1.00 X 0 0 0 JOHN KOSKI TRUSTEE 1.00 X 0 0 0 JAMES MAI TRUSTEE 1.00 X 0 0 0 JUSTINE MEIJA TRUSTEE 1.00 X 0 0 0 GORDON S MOODIE TRUSTEE 1.00 X 0 0 0 WILLIAM MORTON TRUSTEE 1.00 X 0 0 0 HEATHER NEILSEN TRUSTEE 1.00 X 0 0 0 TAYLOR T ROBINSON TRUSTEE 1.00 X 0 0 0 TOMMY RUEGER TRUSTEE 1.00 X 0 0 0 DR JESSE DOUGHERTY HEAD OF SCHOOL 50.00 X 537590 0 193468 THERESA FOY CFOO 50.00 X 187500 0 0 NARINDER BHALLA ASSOCIATE HEAD OF SCHOOL 40.00 X 203936 0 145786 MARKO PACIC DIRECTOR OF IT 40.00 X 173853 0 59393 HEATHER WAGNER LOWER SCHOOL DIV. DIR THRU 1/21/2025 40.00 X 147000 0 68470 SCOTT SAPERSTEIN DIR OF FACILITIES THRU 4/30/2025 40.00 X 153929 0 52521 LYNN DIXON DIRECTOR OF ADMISSIONS 40.00 X 160670 0 53737 CATHERINE IANNOTTA UPPER SCHOOL DIVISION DIRECTOR 40.00 X 151197 0 31447 RICHARD HIRT FORMER DIRECTOR OF FINANCE THRU 6/30/2024 0.00 X 556652 0 25098 2272327 0 629920 21 1 1 0 SAGE BUILDERS SYNDICATE INC 12 LITTLE NECK RD CENTERPORT NY 11721 WINDOW AND GUARD BOOTHS INSTALLATION 362369 SYSCO LONG ISLAND LLC 199 LOWELL AVE CENTRAL ISLIP NY 11722 FOOD 234096 2 379492 199321 1349749 216837 1928562 TUITION 611710 17412860 17412860 AFTERNOON PROGRAMS 611710 422724 422724 STUDENT ACTIVITIES 611710 180212 180212 AUXILIARY INCOME 611710 144075 144075 PARENTS ASSOCIATION 611710 80696 80696 41475 41475 18282042 433170 433170 84663 0 84663 84663 84663 6796009 6157264 638745 638745 638745 255435 379492 296060 -40625 -40625 1681 836 845 845 MISCELLANEOUS INCOME 900099 34170 34170 34170 21361572 18282887 0 1150123 953700 953700 1466037 370014 1096023 10258059 9041211 1004457 212391 474076 435544 28313 10219 2695623 2241010 400921 53692 928783 753799 157754 17230 56229 56229 86323 86323 146815 146815 279534 98364 171570 9600 198614 5758 192856 198157 87304 110853 255258 101812 153446 638527 576814 61713 35867 14513 21354 183102 123734 59368 1220084 1098076 122008 301924 19504 282420 STUDENT TRIPS & ACTIVIT 525668 525668 AUXILIARY SERVICES 502416 457152 42377 2887 FOOD SERVICES 445709 445709 REPAIRS AND MAINTENANCE 202014 181813 20201 142925 2526 83142 57257 22195444 17534025 4298143 363276 1104625 2800452 1415249 1475152 159600 85306 92946 86427 10032 71171 40483073 19666898 21422481 20816175 36404750 39241730 3991090 4308654 64600773 68885067 1068689 1189334 2949339 4134856 219635 219636 4237663 5543826 X 52027400 56604427 8335710 6736814 60363110 63341241 64600773 68885067 -833872 3812003 0 X X 0 1 X 1 0 X 1161550 2623908 1935696 1795973 1928562 9445689 1161550 2623908 1935696 1795973 1928562 9445689 38207 9407482 1910602 1334776 1402025 707355 517833 5872591 63168 63168 53109 40793 77603 2549 34170 208224 15589672 79641592 0.60340 0.52760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: BAD DEBT RECOVERY - 2020 AMOUNT: $ 53,109. 2021 AMOUNT: $ 40,793. MISCELLANEOUS INCOME - 2022 AMOUNT: $ 77,603. 2023 AMOUNT: $ 2,549. 2024 AMOUNT: $ 34,170. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 38098107 6873994 1421717 43550384 33826729 4282659 11281 38098107 30359025 3479578 11875 33826729 34370907 -3644779 367103 30359025 28545063 6257907 432063 34370907 0.85108 0.14425 0.00467 0 0 214966 214966 37475958 17996762 19479196 935751 373909 561842 269036 86199 182837 1587362 1210028 377334 20816175 ALTERNATIVE INVESTMENTS 4308654 F 4308654 ERC LIABILITY 219636 219636 X 24071370 3812003 836 3812839 20258531 146815 956226 1103041 21361572 21093239 836 836 21092403 146815 956226 1103041 22195444 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF SEVERAL DONOR-RESTRICTED ENDOWMENT FUNDS AND BOARD DESIGNATED FUNDS ESTABLISHED FOR EDUCATIONAL AND GENERAL OPERATIONS NEEDS AND STUDENT SCHOLARSHIPS. 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, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED ON PART VIII, LINE 10B: 836. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX, LINE 2: 953,700. PARENTS ASSOCIATION EXPENSE REPORTED ON PART IX, LINE 24: 2,526. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED ON PART VIII, LINE 10B: 836. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX, LINE 2: 953,700. PARENTS ASSOCIATION EXPENSE REPORTED ON PART IX, LINE 24: 2,526. 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 SCHOOL DISCLOSES THE NON DISCRIMINATION POLICY ON THE HOMEPAGE OF ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED GOVERMENT AID FROM THE NYS DEPARTMENT OF EDUCATION. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 4308654 0 0 0 0 0 0 4308654 0 4308654 1 0 1 0 0 0 PART IV, FOREIN FORMS, LINE 1 & 3: THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD OWNERSHIP REQUIREMENT. THE ORGANIZATION IS REQUIRED TO FILE FORM 926 BECAUSE IT DOES MEET THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS OF THE FORM. ANNUAL GALA 634927 379492 255435 44879 251181 634927 379492 255435 44879 251181 296060 -40625 1 FINANCIAL AID 42 953700 PART I, LINE 2: FINANCIAL AID IS DETERMINED BASED ON APPLICATIONS COMPLETED BY FAMILIES AND PROCESSED THROUGH THE CLARITY PLATFORM. CLARITY IS USED TO ESTABLISH A FINANCIAL AID FORMULA THAT ALIGNS WITH THE SCHOOL'S PHILOSOPHY AND WORKS WITHIN THE BUDGET. THE CHIEF FINANCIAL AND OPERATING OFFICER AND THE HEAD OF SCHOOL JOINTLY DETERMINE THE AMOUNT OF NEED-BASED FINANCIAL AID TO BE PROVIDED TO EACH STUDENT. THE TUITION STATEMENT SENT TO STUDENTS RECEIVING FINANCIAL AID REFLECTS THE TUITION COSTS LESS THE AMOUNT OF FINANCIAL AID AWARDED. X 1 1 X X X X X 1 1 0 0 0 0 0 1 0 DR JESSE DOUGHERTY HEAD OF SCHOOL 418666 0 50000 0 68924 0 39083 0 154385 0 731058 0 0 0 RICHARD HIRT FORMER DIRECTOR OF FINANCE THRU 6/30/2024 213652 0 25000 0 318000 0 24150 0 948 0 581750 0 0 0 NARINDER BHALLA ASSOCIATE HEAD OF SCHOOL 203936 0 0 0 0 0 11201 0 134585 0 349722 0 0 0 MARKO PACIC DIRECTOR OF IT 173853 0 0 0 0 0 8817 0 50576 0 233246 0 0 0 HEATHER WAGNER LOWER SCHOOL DIV. DIR THRU 1/21/2025 147000 0 0 0 0 0 7350 0 61120 0 215470 0 0 0 LYNN DIXON DIRECTOR OF ADMISSIONS 148670 0 12000 0 0 0 8350 0 45387 0 214407 0 0 0 SCOTT SAPERSTEIN DIR OF FACILITIES THRU 4/30/2025 153929 0 0 0 0 0 27450 0 25071 0 206450 0 0 0 THERESA FOY CFOO 187500 0 0 0 0 0 0 0 0 0 187500 0 0 0 CATHERINE IANNOTTA UPPER SCHOOL DIVISION DIRECTOR 151197 0 0 0 0 0 12320 0 19127 0 182644 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, CERTAIN EMPLOYEES ARE REQUIRED BY CONTRACT TO LIVE ON CAMPUS AND ARE PROVIDED HOUSING OWNED BY THE SCHOOL. LISTED EMPLOYEES WHO RECEIVED HOUSING ARE: DR. JESSE DOUGHERTY $48,000, AND SCOTT SAPERSTEIN, $25,000. THE VALUE OF THIS HOUSING IS TREATED AS A NONTAXABLE BENEFITS. PART I, LINES 4A-B RICHARD HIRT RECEIVED SEVERANCE PAYMENT OF $318,000 DURING THE YEAR AS PART OF HIS AGREEMENT, WHICH WAS INCLUDED IN HIS W-2. PART I, LINE 4B: JESSE DOUGHERTY, THE HEAD OF SCHOOL PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE SCHOOL CONTRIBUTED $17,000 DURING THE YEAR. PART I, LINE 7 THE SCHOOL PAID DISCRETIONARY BONUSES TO CERTAIN INDIVIDUALS LISTED IN PART II AS REPORTED IN COLUMN B (II) FOR THE APPLICABLE INDIVIDUALS. X 5 28671 AVG. SELLING PRICE X AUCTION ITEMS 225 188166 COST 0 0 0 0 PART I, COLUMN (B): COLUMN (B) IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE CHIEF FINANCIAL AND OPERATING OFFICER, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, A REDACTED FORM 990 IS ELECTRONICALLY SENT TO ALL BOARD MEMBERS FOR REVIEW. IT IS COMPARED WITH THE BOARD OF TRUSTEE-APPROVED AUDITED FINANCIAL STATEMENT FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED, AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED BEFORE THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE THE EXISTENCE OF ANY RELATIONSHIP THEY DETERMINE TO BE A CONFLICT OF INTEREST INCLUDING ANY GENERAL AND COMMON SITUATIONS THAT LEAD, OR COULD LEAD, TO THE DEVELOPMENT OF A CONFLICT OR THE APPEARANCE OF A CONFLICT. IF THE AFFECTED INDIVIDUAL IS A VOTING MEMBER OF THE BOARD OF DIRECTORS, SUCH INDIVIDUAL SHALL RECUSE HIMSELF OR HERSELF FROM PARTICIPATING IN SUCH VOTING AND CANNOT BE COUNTED FOR A QUOROM FOR SUCH VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES IS RESPONSIBLE FOR REVIEWING AND APPROVING THE HEAD OF SCHOOL'S COMPENSATION. THE BOARD DETERMINES COMPENSATION BY LOOKING AT THAT OF COMPARABLE EXECUTIVES IN BOTH THE PUBLIC AND PRIVATE EDUCATION SECTORS. IN ADDITION, THE SCHOOL HIRES AN OUTSIDE CONSULTANT TO PERFORM A SALARY COMPENSATION COMPARABILITY ANALYSIS. THIS PROCESS WAS LAST UNDERTAKEN IN 2023, WHEN THE LAST CONTRACT WAS DEVELOPED, AND WAS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15B: COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED ANNUALLY BY THE HEAD OF SCHOOL WITH INPUT FROM THE CHIEF FINANCIAL AND OPERATING OFFICER. THE REVIEW PROCESS INVOLVES COMPARING SALARIES USING COMPARABILITY DATA FROM VARIOUS SOURCES, INCLUDING OTHER NON-PROFIT ORGANIZATION FORM 990S AND NAIS DASL INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 THE GREEN VALE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST THROUGH THE BUSINESS OFFICE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.