2026-02-26T11:50:31+00:00 2025-06-30 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2024-07-01 131655283 SAINT DAVID'S SCHOOL SAIN 2123690058 12 EAST 89TH STREET NEW YORK NY 10128 KELLY GRUEN Director of Finance 2123690058 2026-02-26 true Aaron Shapiro P01333816 2128127000 2026-02-26 2024 2025-03-06 01:10:19Z DAVID O'HALLORAN 12 EAST 89TH STREET NEW YORK NY 10128 50497015 false X WWW.SAINTDAVIDS.ORG X 1951 NY TO PROVIDE FOR THE EDUCATIONAL NEEDS OF BOYS PRE-KINDERGARTEN THROUGH EIGHTH GRADE. 22 22 166 220 83222 54539 8423966 6487705 26537630 28022003 3440914 4618697 1270915 708005 39673425 39836410 2372301 2797674 0 0 21465841 22247414 360192 111000 1738579 12295229 11624326 36493563 36780414 3179862 3055996 199408386 205867572 74081536 73431524 125326850 132436048 SEE SCHEDULE O. false false 30262021 2797674 28016403 PROVIDES ESSENTIAL EDUCATIONAL PROGRAMS TO YOUNG BOYS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE FOR APPROXIMATELY 443 STUDENTS. WE OFFER A VARIETY OF PROGRAMS, INCLUDING SPORTS, MUSIC, ART AND DRAMA. 577069 5600 SDS SUMMER PROGRAM, LLC D/B/A HORIZONS AT SAINT DAVID'S OPERATES A SUMMER PROGRAM FOR NON-SAINT DAVID'S STUDENTS. 30839090 true true false false false false false true false true true true false false true false false true true false true false false true true false false false true true true false false false false false false false false false false true false false false true true true false false false true 106 0 166 true false false false false false true true false false false false false false false false X 22 22 false false false false false false false true true false true true true true true true true true true true false false NY X KELLY GRUEN 2123690058 12 EAST 89TH STREET NEW YORK NY 10128 DANIEL S CONNOLY PRESIDENT 1.0 1.0 X X 0 0 0 GREGORY T HOOGKAMP VICE PRESIDENT 1.0 1.0 X X 0 0 0 MARK S SHELTON SECRETARY 1.0 0.0 X X 0 0 0 MICHAEL J MAROCCO TREASURER 1.0 0.0 X X 0 0 0 ALBERTO M ACOSTA TRUSTEE 1.0 0.0 X 0 0 0 ARTHUR J HALLERAN JR TRUSTEE 1.0 0.0 X 0 0 0 BRBARA FERNNDEZ TRUSTEE 1.0 0.0 X 0 0 0 DONALD J MACKINNON TRUSTEE 1.0 0.0 X 0 0 0 EVAN SHEINBERG TRUSTEE 1.0 0.0 X 0 0 0 FRANKIE J CAMPIONE II TRUSTEE 1.0 0.0 X 0 0 0 KEVIN J HAYDEN TRUSTEE 1.0 0.0 X 0 0 0 LAUREN BURKE TRUSTEE 1.0 0.0 X 0 0 0 LOUIS SALVATORE TRUSTEE 1.0 0.0 X 0 0 0 MARIA A SUAREZ TRUSTEE 1.0 0.0 X 0 0 0 NYSSA KOURAKOS TRUSTEE 1.0 0.0 X 0 0 0 R KUMAR KADIYALA TRUSTEE 1.0 0.0 X 0 0 0 ROBERT K MCMILLAN TRUSTEE 1.0 0.0 X 0 0 0 SARAH TAM TRUSTEE 1.0 0.0 X 0 0 0 SEAN KLIMCZAK TRUSTEE 1.0 0.0 X 0 0 0 TODD G COSENZA TRUSTEE 1.0 1.0 X 0 0 0 URSULA CORGAN TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM O'BOYLE TRUSTEE 1.0 0.0 X 0 0 0 Kelly Gruen DIRECTOR OF FINANCE 40.0 1.0 X 312102 0 46226 P David O'Halloran HEADMASTER 40.0 1.0 X 1025720 0 107419 Alexis Aoyama ASSISTANT HEADMASTER/UPPER SCHOOL HEAD 40.0 0.0 X 332276 0 74830 Hope Lippens HEAD OF LOWER SCHOOL 40.0 0.0 X 256055 0 30349 Jan Paul Hormillosa DIRECTOR OF DEVELOPMENT 40.0 0.0 X 225116 0 36464 Mark Poelle DIRECTOR OF FACILITIES 40.0 0.0 X 219623 0 46992 Pedro Morales DIRECTOR OF ATHLETICS AND CO-DIRECTOR OF INCLUSION, DIVERSITY AND COMMUNITY 40.0 0.0 X 230951 0 37326 2601843 0 379606 74 false true true LANGAN PO BOX 782702 PHILADELPHIA PA 19178 ENGINEER 205709 DONNA ATTANASIO 245 EAST 87TH STREET NEW YORK NY 10128 Learning services consultant 133728 DAVID B MAY MA MS 25 FAIRVIEW TERRACE MAPLEWOOD NJ 07040 Learning services consultant 130470 GREENMAN-PEDERSEN INC 2 EXECUTIVE BLVD SUFFERN NY 10901 ENGINEER 121038 CREATE ARCHITECTURE PLANNING & DESIGN PLLC 45 WEST 34TH STREET NEW YORK NY 10001 ARCHITECTURE 102950 5 244236 146741 6096728 272604 6487705 TUITION AND FEES 611110 26750621 26750621 AFTER SCHOOL PROGRAM 611110 1271382 1271382 0 0 0 0 28022003 2203823 83222 2120601 145511 7021 138490 0 138490 138490 12382059 9967185 2414874 0 2414874 2414874 1250193 244236 686399 563794 563794 MISCELLANEOUS 900099 5721 5721 0 0 0 0 5721 39836410 28022003 83222 5243480 2797674 2797674 1559842 296548 966746 296548 16031419 14013531 1405005 612883 1133709 989786 114615 29308 2380536 2153526 211262 15748 1141908 949648 156076 36184 159536 159536 79542 79542 111000 111000 180000 180000 549408 499888 43527 5993 3185153 2645268 309779 230106 254021 210782 24904 18335 2802594 2420570 239637 142387 74787 62057 7332 5398 20230 16787 1983 1460 1132037 962232 113203 56602 2773191 2440908 188701 143582 413827 379885 897 33045 0 0 0 0 36780414 30839090 4202745 1738579 5766607 7186983 2972309 2707390 3323101 3559276 111927 206392 0 0 0 0 31609 31609 35154 35154 95483 27904 126821263 27742552 101927213 99078711 67676817 76489759 17308258 16384333 0 159908 160061 199408386 205867572 3118270 2813671 14142506 14659350 56122699 55127019 0 0 698061 831484 74081536 73431524 X 104313992 107336162 21012858 25099886 125326850 132436048 199408386 205867572 X 3055996 6008606 -1955404 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X false 12650018 276106 1714745 491335 14149534 11456744 158150 1533529 498405 12650018 10930838 209417 803587 487098 11456744 12175746 170006 -966014 448900 10930838 62947384 130165 2826957 422521 53306239 12175746 0.0 0.34 0.66 false false 3576622 3576622 112697361 19455210 93242151 10164599 8287342 1877257 382681 382681 99078711 Closely-held equity interests Financial derivatives INVESTMENT IN PARTNERSHIPS 16379555 F U.S. TREASURIES 4778 F 16384333 Federal Income Taxes DEFERRED COMPENSATION PAYABLE 831484 831484 43047127 6008606 5000 174785 6188391 36858736 180000 2797674 2977674 39836410 34136198 5000 328458 333458 33802740 180000 2797674 2977674 36780414 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE 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. Schedule D, Part III, Line 4 Collections of art - description of collections THE SCHOOL RECEIVES ARTWORK WHICH IT DISPLAYS AROUND THE BUILDING. Schedule D, Part V, Line 4 Intended uses of endowment funds THE SCHOOL'S ENDOWMENTS ARE INTENDED TO SUPPORT THE ONGOING OPERATIONS OF THE SCHOOL. THE OBJECTIVE IS TO PRESERVE THE ENDOWMENT PRINCIPAL WHILE MAINTAINING THE PURCHASING POWER OF THE ENDOWMENT ASSETS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 RENT EXPENSE - 7021 SDSC REMOVAL - 167764 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SCHOLARSHIPS - 2797674 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RENT EXPENSE - 7021 SDSC REMOVAL - 321437 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements SCHOLARSHIPS - 2797674 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE SCHOOL'S MISSION STATEMENT AND POLICY ON INCLUSION, DIVERSITY, AND COMMUNITY ARE INCLUDED ON THE SCHOOL'S WEBSITE AND IN THE PARENT/STUDENT HANDBOOK. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE SCHOOL RECEIVES MANDATED SERVICES AID FROM THE NEW YORK STATE EDUCATION DEPARTMENT. true Central America and the Caribbean Investments 13851615 0 0 0 0 0 0 13851615 0 13851615 true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds N/A X X X X X true COMMUNITY COUNCELLING SERVICE CO LLC PO BOX 824885 PHILADELPHIA PA 19182 CAMPAIGN CONSULTING false 111000 -111000 0 111000 -111000 BENEFIT 1315119 244236 1070883 416965 STORE 119185 119185 116466 1 60125 60125 152968 1494429 244236 1250193 686399 686399 563794 true FINANCIAL AID 57 2797674 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds FINANCIAL ASSISTANCE IS AWARDED BASED ON ELIGIBILITY AND GREATEST NEED BY THE FINANCIAL AID COMMITTEE. THE AID IS GIVEN EACH YEAR WITHIN THE BOARD APPROVED BUDGET. AID IS MONITORED THROUGH THE STUDENT BILLING DATABASE WHICH IS THEN VERIFIED BY THE DIRECTOR OF FINANCE AND IS INCLUDED IN THE SCOPE OF THE ANNUAL AUDIT BY AN INDEPENDENT AUDITING FIRM. X true true X X X X X X false false false false false false false false false P David O'Halloran HEADMASTER 819946 0 0 0 205774 0 57656 0 49763 0 1133139 0 0 0 Kelly Gruen DIRECTOR OF FINANCE 311631 0 0 0 471 0 31386 0 14840 0 358328 0 0 0 Alexis Aoyama ASSISTANT HEADMASTER/UPPER SCHOOL HEAD 331214 0 0 0 1062 0 33843 0 40987 0 407106 0 0 0 Jan Paul Hormillosa DIRECTOR OF DEVELOPMENT 224495 0 0 0 621 0 20142 0 16322 0 261580 0 0 0 Hope Lippens HEAD OF LOWER SCHOOL 255381 0 0 0 674 0 23865 0 6484 0 286404 0 0 0 Pedro Morales DIRECTOR OF ATHLETICS AND CO-DIRECTOR OF INCLUSION, DIVERSITY AND COMMUNITY 228999 0 0 0 1952 0 19254 0 18072 0 268277 0 0 0 Mark Poelle DIRECTOR OF FACILITIES 214304 0 0 0 5319 0 19709 0 27283 0 266615 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE HEADMASTER IS REQUIRED BY CONTRACT TO LIVE IN SCHOOL OWNED HOUSING IN ORDER TO ACCOMMODATE ONGOING OPERATIONAL MEETINGS, CONDUCT FUND RAISING ACTIVITIES AND TO BE IMMEDIATELY AVAILABLE IN CASE OF EMERGENCIES. THE SCHOOL OWNED HOUSING IS CONTIGUOUS TO THE SCHOOL. THE SCHOOL DOES NOT REIMBURSE THE HEADMASTER AS ALL EXPENSES RELATING TO THE PROPERTY ARE PAID DIRECTLY BY THE SCHOOL. THIS BENEFIT IS TREATED AS NON-TAXABLE COMPENSATION TO THE RECIPIENT. A BUILD NYC RESOURCE CORPORATION 454040561 2015-11-24 35000000 TO FINANCE CAPITAL COSTS THE LINE OF CREDIT WAS ISSUED ON SEPTEMBER 12, 2012. false false false A 5935636 0 35035838 0 0 0 0 0 0 23705998 11329834 6 2020 true false true true A false true true true false false 0.002 0.0 0.002 false false 0 false true A false false true true true false 0 false false false 0 false true true A true Schedule K, Part I, Column (f) Bonds were issued to finance capital costs and refinance an existing line of credit (issued on September 12, 2012). Schedule K, Part I, Column (e) AND PART II, LINE 3, PART IV, LINE 2(B): The total proceeds shown in Part II, Line 3 differs from the Issue Price shown in Part I, (e) due to interest earnings on invested proceeds. Schedule K, Part III, Line 7 AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. Schedule K, Part IV, Line 2b THE REFUNDING PORTION OF THE BONDS HAS MET THE 6-MONTH EXPENDITURE EXCEPTION TO THE REBATE REQUIREMENT. Schedule K, Part IV, Line 2c THE FIFTH YEAR REBATE REPORT, DATED FEBRUARY 23, 2021 WAS PREPARED BY BLX GROUP LLC. Schedule K, Part IV, Line 2c COLUMN A Issuer name: BUILD NYC RESOURCE CORPORATION The calculation for computing no rebate due was performed on 02/22/2021 16 272604 Other - SELLING PRICE 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE MISSION OF SAINT DAVID'S SCHOOL IS TO EDUCATE BOYS TO FULFILL THEIR POTENTIAL THROUGH RIGOROUS ACADEMIC PURSUIT, DELIBERATE MORAL INTROSPECTION, AND CRITICAL ANALYSIS OF IDEAS AND ISSUES. THE CLASSICAL TRADITION OF BALANCE HAS GUIDED THE SCHOOL SINCE ITS BEGINNINGS. THE SCHOOL SEEKS TO ENGENDER INTELLECTUAL CURIOSITY, APPRECIATION FOR THE ARTS, SKILL AND SPORTSMANSHIP IN ATHLETICS AND AN ENDURING LOVE OF LEARNING. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FEDERAL FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR PRESENTED THE FEDERAL FORM 990 AT A BOARD MEETING, PRIOR TO BEING FILED AND MADE COPIES AVAILABLE TO THE FULL BOARD. THE BOARD ACCEPTED THE FEDERAL FORM 990 AS PRESENTED AND IT WAS SUBSEQUENTLY FILED. Form 990, Part VI, Line 12c Conflict of interest policy ALL TRUSTEES, SENIOR MANAGEMENT, ACADEMIC LEADERSHIP AND PARENTS ASSOCIATION OFFICIALS ARE REQUIRED TO ANNUALLY FILL OUT THE SCHOOL'S CONFLICT OF INTEREST POLICY QUESTIONNAIRE. ALL QUESTIONNAIRES ARE RECEIVED, REVIEWED AND ANY NOTED CONFLICT WOULD BE REFERRED TO THE BOARD PRESIDENT AND/OR THE BOARD TREASURER FOR CONSIDERATION. IF A CONFLICT OF INTEREST EXISTS, THE AFFECTED MEMBER IS ASKED TO ABSTAIN FROM DECISION MAKING ON RELATED ISSUES. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF TRUSTEES, ALONG WITH AN INDEPENDENT CONSULTANT, USING MARKET DATA, SET THE COMPENSATION FOR THE HEADMASTER. THE HEADMASTER, IN TURN, SETS SALARY FOR ADMINISTRATIVE STAFF USING INDEPENDENT SALARY/BENEFIT DATA SUPPLIED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE LAST REVIEW FOR THE HEADMASTER WAS DONE IN MARCH 2023. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE SCHOOL MAINTAINS COMPARATIVE INDEPENDENT DATA TO BENCHMARK MARKET SALARIES OF KEY EMPLOYEES - DATA IS COLLECTED YEARLY. Form 990, Part VI, Line 19 Required documents available to the public THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances NET ADJUSTMENTS FOR THE SPORTS CENTER - -1955404; Total - -1955404; SDS SUMMER PROGRAM LLC 12 EAST 89TH STREET APT 15B NEW YORK NY 10128 320382874 SUMMER EDUCATION NY 576685 3961123 SAINT DAVIDS SAINT DAVIDS SPORTS CENTER INC 215 EAST 94TH STREET NEW YORK NY 10128 133807472 TITLE HOLDING NY 501(c)(2) SAINT DAVIDS false false false false false false false false false false true false false false false true false false true false