2026-01-20T08:54:14-06:00 2025-06-30 251638525 GROSSMAN YANAK & FORD LLP 444 LIBERTY AVENUE SUITE 500 PITTSBURGH PA 15222 990 2024-07-01 250965558 SEWICKLEY ACADEMY SEWI 4127412230 315 ACADEMY AVENUE SEWICKLEY PA 15143 DAVID DENARDO CHIEF FINANCIAL &OPERATIONS OFFICER 4127412230 2026-01-15 1 1 RICHARD E DYNOSKE P00095538 4123389300 2026-01-13 2024 2025-03-06 01:10:19Z DAVID DENARDO 315 ACADEMY AVENUE SEWICKLEY PA 15143 27255848 0 X WWW.SEWICKLEY.ORG X 1838 PA SEWICKLEY ACADEMY'S MISSION IS TO EVALUATE KNOWLEDGE, CHARACTER, AND COMMUNITY THROUGH AN INTENTIONALLY EXTRAORDINARY AND INNOVATIVE EDUCATION. 15 15 208 135 0 0 6497374 8029099 14215019 16916434 2405461 1021095 425074 384692 23542928 26351320 4527362 6912431 0 0 11168029 13085776 0 0 1176045 6907071 7210235 22602462 27208442 940466 -857122 79051362 81778873 4616237 4076163 74435125 77702710 SEWICKLEY ACADEMY'S MISSION IS TO EVALUATE KNOWLEDGE, CHARACTER, AND COMMUNITY THROUGH AN INTENTIONALLY EXTRAORDINARY AND INNOVATIVE EDUCATION. 0 0 19054236 6912431 16783946 AS PITTSBURGH OLDEST CO-EDUCATIONAL COLLEGE PREPARATORY, INDEPENDENT DAY SCHOOL, SEWICKLEY ACADEMY PREPARES ITS STUDENTS FOR A LIFETIME OF SUCCESS BY INSPIRING THEM TO REACH THEIR FULL POTENTIAL AS CURIOUS, COURAGEOUS, AND COMPASSIONATE LEARNERS. THE STUDENT BODY IS HIGHLY DIVERSE AND RESIDE IN VARIOUS SCHOOL DISTRICTS IN THE TRI-STATE AREA. EXCEPTIONAL PROGRAMS, SMALL CLASSES, AND TALENTED FACULTY HELP STUDENTS BECOME CONSCIENTIOUS LEADERS, CRITICAL THINKERS, AND RESPONSIBLE MEMBERS OF A GLOBAL COMMUNITY. ACHIEVEMENTS CAN BE FOUND AT THE ACADEMY'S WEBSITE. 19054236 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 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 33 0 208 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DAVID DENARDO 4127412230 315 ACADEMY AVENUE SEWICKLEY PA 15143 ASHLEY BROWN BIRTWELL HEAD OF SCHOOL 50.00 X X 510187 0 17250 DAVID DENARDO CHIEF FINANCIAL & OPERATIO 50.00 X 202188 0 28445 CHRIS ANDERSON ASSOCIATE HEAD OF LOWER SC 50.00 X 183168 0 38407 JIM MILLER DIRECTOR OF BUILDINGS AND 50.00 X 132165 0 17241 JAMIE NESTOR HEAD OF SENIOR SCHOOL 50.00 X 139160 0 12471 JERILYN SCOTT HEAD OF LOWER SCHOOL 50.00 X 126978 0 13102 HEATHER HOFFMAN DIRECTOR OF ENROLLMENT MANAGEMENT 50.00 X 126000 0 6125 DENNIS ZEITLER CHAIR 1.00 X X 0 0 0 RACHEL LOREY ALLEN VICE CHAIR 1.00 X X 0 0 0 DIVYA THADANI SECRETARY 1.00 X X 0 0 0 ROBERTO ORTIZ TREASURER 1.00 X X 0 0 0 BRADLEY BUSATTO OFFICER AT LARGE 1.00 X X 0 0 0 DAVE HAMMEL TRUSTEE 1.00 X 0 0 0 LISA HERNANDEZ TRUSTEE 1.00 X 0 0 0 ROBERT JAMES TRUSTEE 1.00 X 0 0 0 SONIA KHANNA TRUSTEE 1.00 X 0 0 0 JANE KIRKLAND TRUSTEE 1.00 X 0 0 0 STEPHANIE MENZOCK TRUSTEE 1.00 X 0 0 0 ASHVIN RAGOOWANSI TRUSTEE 1.00 X 0 0 0 PETER SCHRAMM TRUSTEE 1.00 X 0 0 0 STEPHANIE SCIULLO TRUSTEE 1.00 X 0 0 0 RODNEY SMITH TRUSTEE 1.00 X 0 0 0 1419846 0 133041 7 0 1 0 0 82572 7946527 76610 8029099 TUITION 611600 16450518 16450518 ACTIVITIES & SPECIAL FEES 611600 465916 465916 16916434 1244147 1244147 90564 0 90564 90564 90564 539822 762874 -223052 -223052 -223052 435782 141654 294128 294128 26351320 16783946 0 1538275 6912431 6912431 1166268 832515 333753 9558946 7179601 1666376 712969 600062 451438 110416 38208 997321 749446 170517 77358 763179 577641 133847 51691 48091 48091 45282 45282 80097 80097 181079 181079 106430 5374 101056 253334 253334 131739 131739 173091 173091 124227 124227 2008419 2008419 PROPERTY MAINTENANCE 1365285 1365285 OTHER EXPENSE 1081240 886477 194763 EDUCATIONAL CLASSROOM 1058742 1058742 TR EXPENSES 553179 553179 27208442 19054236 6978161 1176045 193 245 2742108 2466148 909392 326941 138944 182908 127707 168368 6264 9873 64329744 31069363 32789708 33260381 42082923 45033339 254123 330670 79051362 81778873 687681 400548 140371 233583 3689838 3197204 98347 244828 4616237 4076163 X 64941031 66025708 9494094 11677002 74435125 77702710 79051362 81778873 X -857122 4217975 -93268 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42082874 212561 5113120 2295156 80097 45033302 39135496 82429 5272329 2330275 77105 42082874 36401425 213930 4444564 1861814 62609 39135496 45414038 42003 -7212249 1787243 55124 36401425 35525475 961736 10694874 1725293 42754 45414038 0.78872 0.21127 0.00000 0 0 6996066 6996066 51338079 29038138 22299941 3699998 2031225 1668773 2295601 2295601 33260381 MUTUAL FUNDS 45033302 C PRIVATE EQUITY SECURITIES 37 C 45033339 OPERATING LEASE LIABILITIES 187736 INTEREST RATE SWAP OBLIGATIONS 57092 244828 X 23625153 4217975 -173365 4044610 19580543 6770777 6770777 26351320 20357568 0 20357568 80097 6770777 6850874 27208442 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE FINANCIAL SUPPORT TO THE ACADEMY FOR OPERATIONS AND CAPITAL PROJECTS. PART X, LINE 2: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST RATE SWAP -93,268. INVESTMENT EXPENSE -80,097. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & REMISSION 6,912,431. FUNDRAISING EXPENSES -141,654. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & REMISSION 6,912,431. FUNDRAISING EXPENSES -141,654. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 BROCHURES, CATALOGUES, ANNOUNCEMENTS AND SCHOLARSHIP FORMS ARE ON FILE AT THE ACADEMY AND ARE AVAILABLE FOR SUBMISSION UPON REQUEST. AUCTION 347652 347652 91762 HANSEN GOLF OUTING 88130 88130 49892 435782 435782 141654 141654 294128 1 FINANCIAL AID 229 5080788 FMV TUITION REMISSION 75 1831643 FMV PART I, LINE 2: THE GRANTS TO INDIVIDUALS REPRESENT TUITION SCHOLARSHIPS AND REMISSION GRANTS BY THE ACADEMY TO A SELECTION OF STUDENTS. THE ACADEMY DETERMINES THE ELIGIBILITY FOR THE SCHOLARSHIPS BASED ON ACADEMIC ABILITY AND FINANCIAL NEED OF THE STUDENT, AS WELL AS THE BUDGETED REVENUES AND EXPENSES OF THE ACADEMY. NO FURTHER MONITORING OF THE FUNDS ARE REQUIRED AS NO SPECIFIC REQUIREMENTS ARE APPLICABLE OTHER THAN THE STUDENT'S CONTINUED ADMISSION WITHIN THE ACADEMY. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ASHLEY BROWN BIRTWELL HEAD OF SCHOOL 510187 0 0 0 0 0 17250 0 0 0 527437 0 0 0 DAVID DENARDO CHIEF FINANCIAL & OPERATIO 201588 0 0 0 600 0 6345 0 22100 0 230633 0 0 0 CHRIS ANDERSON ASSOCIATE HEAD OF LOWER SC 183168 0 0 0 0 0 6390 0 32017 0 221575 0 0 0 JAMIE NESTOR HEAD OF SENIOR SCHOOL 139160 0 0 0 0 0 1638 0 10833 0 151631 0 0 0 X 71409 FAIR MARKET VALUE X SCHREIBER BASSOON 1 5200 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBMITTED TO THE CHIEF FINANCIAL & OPERATIONS OFFICER FORM 990, PART VI, SECTION B, LINE 12C BUSINESS OFFICE AND HEAD OF SCHOOL OFFICE ARE AWARE OF POTENTIAL CONFLICTS AND MONITOR DURING NORMAL COURSE OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 15 THE BUSINESS OFFICE PROVIDES THE EXECUTIVE COMMITTEE OF THE BOARD BENCHMARK DATA FROM THE NATIIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ON HEADS OF SCHOOL ANNUALLY. ALL ADMINISTRATIVE AND FACULTY SALARIES ARE REVIEWED ANNUALLY AND BENCHMARKED AGAINST PEER SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON VERBAL REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED INTERST RATE SWAP ADJUSTMENTS -93,268. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.