2026-05-07T19:58:48-05:00 2025-06-30 520982413 GROSS MENDELSOHN & ASSOCIATES PA 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 990 2024-07-01 311620693 GERSTELL ACADEMY INC GERS 4105681605 10706 BEAVER DAM ROAD COCKEYSVILLE MD 21030 PAUL O WALLACE TRUSTEE 4105681605 2026-05-07 1 1 SCOTT HANDWERGER P00519238 4106855512 2026-05-06 2024 2025-03-06 01:10:19Z 10706 BEAVER DAM ROAD COCKEYSVILLE MD 21030 16181201 0 1 X WWW.GERSTELL.ORG X 1996 MD GERSTELL ACADEMY IS A DIVERSE EDUCATIONAL COMMUNITY DEDICATED TO PROVIDING A NURTURING AND MENTORING ENVIRONMENT WHERE EACH STUDENT'S POTENTIAL TO BECOME A LEADER, TO LEARN, TO GROW MORALLY, TO BE PHYSICALLY FIT, AND TO COMPETE IS MAXIMIZED. 16 16 122 0 127999 0 1771020 3488970 7466220 7607150 1199297 1889880 56542 24215 10493079 13010215 0 0 0 0 6835575 7242819 0 0 123034 3416922 3487188 10252497 10730007 240582 2280208 30541706 35418574 8458990 9352007 22082716 26066567 GERSTELL ACADEMY IS A DIVERSE EDUCATIONAL COMMUNITY DEDICATED TO PROVIDING A NURTURING AND MENTORING ENVIRONMENT WHERE EACH STUDENT'S POTENTIAL TO BECOME A LEADER, TO LEARN, TO GROW MORALLY, TO BE PHYSICALLY FIT, AND TO COMPETE IS MAXIMIZED. 0 0 8044057 7363294 ALL EXPENSES INCURRED ARE IN THE FURTHERANCE OF THE SCHOOL'S EXEMPT PURPOSE OF PROVIDING PRE KINDERGARDEN THROUGH GRADE 12 EDUCATION 78927 127999 GERSTELL-FALCON SPORTS CAMP 8122984 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 10 0 122 1 1 1 0 0 0 0 0 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 1 0 MD X X GROSS MENDELSOHN & ASSOCIATES 4106855512 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 DR FREDERICK G SMITH CHAIRMAN 20.00 X 0 0 0 DR VENICE PATERAKIS SECRETARY 0.00 X 0 0 0 WILLIAM PATERAKIS TREASURER 0.00 X 0 0 0 ROBERT E SMITH TRUSTEE 0.00 X 0 0 0 KAREN PHILIPPOU TRUSTEE 0.00 X 0 0 0 SUCHI KRISHNASWAMY TRUSTEE 0.00 X 0 0 0 DR ASHOK KRISHNASWAMY TRUSTEE 0.00 X 0 0 0 DR JASON HAMMOND TRUSTEE 0.00 X 0 0 0 BENJAMIN LYONS TRUSTEE 0.00 X 0 0 0 DR RICHARD NESSIF TRUSTEE 0.00 X 0 0 0 JANINE WILSON TRUSTEE 0.00 X 0 0 0 MEGAN CARROLL TRUSTEE 0.00 X 0 0 0 ALEXANDER SMITH TRUSTEE 0.00 X 0 0 0 CONNOR ELINE TRUSTEE 0.00 X 0 0 0 DR JACK VAETH TRUSTEE 0.00 X 0 0 0 MELO VAETH TRUSTEE 0.00 X 0 0 0 JOHN A POLASKO PRESIDENT 40.00 X 367500 0 0 REJI S SAMUEL IT DIRECTOR 40.00 X 139645 0 0 MARY R LOUQUE EMPLOYEE 40.00 X 120165 0 0 BRIAN ABBOTT UPPER SCHOOL HEAD 40.00 X 114008 0 0 BEN THOMPSON LOWER SCHOOL HEAD 40.00 X 103569 0 0 844887 0 0 5 0 1 0 THE BALTIMORE SUN 200 ST PAUL PLACE BALTIMORE MD 21201 PROGRAM ADVERTISING 109177 1 152251 1200000 2136719 3488970 TUITION 611110 7321398 7321398 MISC. PROGRAM REVENUE 611710 157753 157753 SPORTS CAMP 611110 127999 127999 7607150 1769189 1769189 3233454 2000 3114763 0 118691 2000 120691 2000 118691 49139 152251 35066 14073 14073 26156 21157 4999 4999 RECOVERY OF BAD DEBT 611110 4798 4798 MISC INCOME 611110 345 345 5143 13010215 7491293 127999 1901953 6474384 4829086 1528370 116928 311309 237820 73489 457126 343109 107911 6106 11894 11894 12476 12476 119525 119525 993 993 235598 235598 231363 75655 155708 51313 51313 1530185 1272025 258160 82472 78363 4109 67410 67410 119275 119275 147865 147865 139105 127201 11904 SUPPLIES AND MATERIALS 306739 239652 67087 EQUIPMENT RENTAL & MAIN 228877 216289 12588 OUTSIDE SERVICES 118877 118877 SPORTS CAMP DIRECT EXPE 65322 64822 500 17899 17899 10730007 8122984 2483989 123034 411160 657266 179793 2020123 4938152 4863909 28944 28944 17584 16669 3486018 3183373 338764 302645 2049675 2267018 22506945 25173547 70689 88453 30541706 35418574 150756 202465 5895414 5907695 2086898 2905994 325922 335853 8458990 9352007 X 21418811 25140468 663905 926099 22082716 26066567 30541706 35418574 X 2280208 1703645 -2 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72949 72630 319 25807 25807 0 2196142 1923821 272321 1191120 1161115 30005 302645 MUTUAL FUNDS 25173547 F 25173547 DEPOSITS HELD LACROSSE CLINIC 1298 DEPOSITS HELD-OTHER 26395 DUE TO UPPER SCHOOL 52 DUE TO FREVEN FOUNDATION TRUST 9750 SALES TAXES PAYABLE 2469 DUE TO YELLOWDOME, LLC 3193 PAYROLL LIABILITIES 3877 PROMISSORY NOTE FROM THE FREVEN FOUNDATION 247265 403B WH CONTRIBUTION 13882 FSA MEDICAL 27672 335853 X 14701965 1703645 1703645 12998320 11894 1 11895 13010215 10718114 1 1 10718113 11894 11894 10730007 PART X, LINE 2: THE ACADEMY IS A NON-FOR-PROFIT CORPORATION GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS "OTHER THAN A PRIVATE FOUNDATION." THE ACADEMY'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. THE CAMP, A LIMITED LIABILITY COMPANY WHOLLY OWNED BY THE ACADEMY, IS TREATED AS A DISREGARDED ENTITY FOR INCOME TAX PURPOSES AND THEREFORE IS ALSO GENERALLY EXEMPT FROM INCOME TAXES. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2025. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 11,894. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE REGISTRATION PERIOD THROUGH USE OF BROADCAST MEDIA, LOCAL NEWSPAPERS AND THE ENTITY'S INTERNET WEBSITE. PARENT'S ASSOCIATE EVENTS 49138 49138 35066 CAMPAIGN INCOME 152251 152251 201389 152251 49138 35066 35066 14072 X X 0 0 0 0 0 0 0 0 0 JOHN A POLASKO PRESIDENT 367500 0 0 0 0 0 0 0 0 0 367500 0 0 0 PART I, LINE 3 THE HEADMASTER'S COMPENSATION IS REVIEWED ANNUALLY BY THE PRESIDENT, WHO WORKS WITH BOARD OF DIRECTOR MEMBERS AND BUSINESS ADVISORS AND REVIEWS COMPARABILITY INFORMATION TO SET COMPENSATION AND TO STRUCTURE AGREEMENTS. X 1 98553 PUBLIC MARKET 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 LINE 2 EXPLANATION - FREDERICK G. SMITH, TRUSTEE IS MARRIED TO VENICE K.PATERAKIS, SECRETARY/TREASURER VENICE K. PATERAKIS, SECRETARY/TREASURER IS THE SISTER OF WILLIAM PATERAKIS, TRUSTEE VENICE K. PATERAKIS, SECRETARY/TREASURER IS THE SISTER OF KAREN PHILIPPOU, TRUSTEE FREDERICK G. SMITH, TRUSTEE IS THE BROTHER OF ROBERT SMITH, TRUSTEE DR. SUCHI KRISHNASWAMY, TRUSTEE IS MARRIED TO MRS. ASHOK KRISHNASWAMY, TRUSTEE KAREN PHILIPPOU, TRUSTEE IS THE SISTER OF WILLIAM PATERAKIS, TRUSTEE MEGAN CARROLL, TRUSTEE IS THE NEICE OF FREDERICK SMITH, VENICE PATERAKIS, AND ROBERT SMITH. SHE IS COUSIN TO ALEXANDER SMITH. ALEXANDER SMITH, TRUSTEE IS THE SON OF FREDERICK SMITH AND VENICE SMITH. HE IS THE NEPHEW OF ROBERT SMITH AND A COUSIN TO MEGAN CARROLL. FORM 990, PART VI, SECTION B, LINE 11B SELECTED BOARD MEMBERS REVIEW THE RETURN PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF THE POLICY AND POTENTIAL CONFLICTS AND DISCLOSURE OF SUCH CONFLICTS ARE REVIEWED AT THE ANNUAL BOARD OF DIRECTORS MEETING. FORM 990, PART VI, SECTION B, LINE 15B THE HEADMASTER'S COMPENSATION IS REVIEWED ANNUALLY BY THE PRESIDENT, WHO WORKS WITH BOARD OF DIRECTOR MEMBERS AND BUSINESS ADVISORS AND REVIEWS COMPARABILITY INFORMATION TO SET COMPENSATION AND TO STRUCTURE AGREEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION USES GUIDESTAR AS WELL AS ITS OWN WEBSITE TO MAKE VARIOUS DOCUMENTS AND POLICIES AVAILABLE TO THE PUBLIC, AS WELL AS RESPONDING TO WRITTEN REQUEST. FORM 990, PART XI, LINE 9: ROUNDING -2. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. GERSTELL FALCON SPORTS CAMP 10706 BEAVER DAM ROAD COCKEYSVILLE MD 21030 311620693 SPORTS CAMP MD N/A FREVEN FOUNDATION CHARITABLE TRUST 10706 BEAVER DAM ROAD COCKEYSVILLE MD 21030 311480308 SUPPORT ORGANIZATION MD 501(C)(3) LINE_11A_I_509_TYPE_ N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 FREVEN FOUNDATION CHARITABLE TRUST E 5011 PROMISSORY NOTE INTEREST FREVEN FOUNDATION CHARITABLE TRUST N 1444940 95% OF BUILDING EXPENSE FREVEN FOUNDATION CHARITABLE TRUST P 267 ACCOUNT REGISTER