2024-05-14T13:47:28-05:00 2023-06-30 440160260 FORVIS LLP 1829 EASTCHESTER DRIVE HIGH POINT NC 27265 990 2022-07-01 560949932 GREENSBORO INDEPENDENT SCHOOL CORP DBA GREENSBORO DAY SCHOOL GREE 3362888590 5401 LAWNDALE DRIVE GREENSBORO NC 27455 ALANNA BROWN CHIEF FINANCIAL OFFICER 3362888590 2024-05-10 1 ALANNA BROWN XXX-XX-XXXX 1 BRIAN L DOUD P01748393 3368895156 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TRACIE CATLETT 5401 LAWNDALE DRIVE GREENSBORO NC 27455 41323518 0 X WWW.GREENSBORODAY.ORG X 1970 NC A COEDUCATIONAL, COLLEGE PREPARATORY NON-SECTARIAN INDEPENDENT SCHOOL FOR GRADES PK-12. 20 20 304 225 0 0 1744066 17302911 19746352 21549675 1107427 1114685 162776 216669 22760621 40183940 2501800 2425929 0 0 12756176 14615837 53000 53000 965005 4826858 6430936 20137834 23525702 2622787 16658238 42520891 58049107 6870815 5490387 35650076 52558720 GREENSBORO DAY SCHOOL DEVELOPS THE INTELLECTUAL, ETHICAL, AND INTERPERSONAL FOUNDATIONS STUDENTS NEED TO BECOME CONSTRUCTIVE CONTRIBUTORS TO THE WORLD. 0 0 16254564 2425929 21549675 THE SCHOOL IS COMMITTED TO PROVIDING OUR STUDENTS A CHALLENGING AND INSPIRING ACADEMIC PROGRAM THAT SUPPORTS STUDENTS IN ACHIEVING THEIR POTENTIAL IN COLLEGE AND LIFE, A SOCIALLY AND ECONOMICALLY DIVERSE COMMUNITY THAT HONORS AND NURTURES RELATIONSHIPS AMONG STUDENTS, FACULTY AND COMMUNITY, AN EXCEPTIONAL EXTRA-CURRICULAR OPPORTUNITY THAT ENRICHES THE EDUCATIONAL EXPERIENCE AND A GLOBAL PERSPECTIVE THAT CULTIVATES RESPECT FOR OTHERS AND PROMOTES STEWARDSHIP OF THE ENVIRONMENT. 16254564 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 69 0 1 304 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALANNA BROWN 3362888590 5401 LAWNDALE DRIVE GREENSBORO NC 27455 CHUCK KEELEY CHAIR 2.00 X X 0 0 0 DURANT BELL CHAIR-ELECT 2.00 X X 0 0 0 BILL SMITH TREASURER 2.00 X X 0 0 0 LISA ANDERSON SECRETARY 2.00 X X 0 0 0 BETH HARRINGTON AT LARGE 2.00 X 0 0 0 BRAD HAYES AT LARGE 2.00 X 0 0 0 DENISE TURNER ROTH AT LARGE 2.00 X 0 0 0 ANN LEGETTE TRUSTEE 2.00 X 0 0 0 DAVID EGERTON TRUSTEE 2.00 X 0 0 0 CHIP HAGAN TRUSTEE 2.00 X 0 0 0 ANDREA HUNT TRUSTEE 2.00 X 0 0 0 HOLLY JONES TRUSTEE 2.00 X 0 0 0 JOHN KING TRUSTEE 2.00 X 0 0 0 KRISTEN MAGOD TRUSTEE 2.00 X 0 0 0 LIBBY RAMSEY TRUSTEE 2.00 X 0 0 0 RIMA HARRAH TRUSTEE 2.00 X 0 0 0 PHELPS SPRINKLE TRUSTEE 2.00 X 0 0 0 RUTH WATAKILA TRUSTEE 2.00 X 0 0 0 COMER WEAR TRUSTEE 2.00 X 0 0 0 HEATHER WILSON TRUSTEE 2.00 X 0 0 0 TRACIE J CATLETT HEAD OF SCHOOL 40.00 X 420086 0 46583 KYLE LEWIS CFO 40.00 X 162555 0 29021 IAN PATRICK CHIEF PHILANTHROPHY OFFICE 40.00 X 161460 0 27194 ANNE GLOSKY ASSOCIATE HEAD OF SCHOOL FOR PEOPLE & PROGRAM 40.00 X 162881 0 12459 DANA SMITH DIRECTOR OF STEAM & TECHNOLOGY INFORMATION 40.00 X 100631 0 14938 GILLIAN GOODMAN LOWER SCHOOL DIRECTOR 40.00 X 116843 0 21539 BRANISLAV MILICEVIC DIRECTOR OF OPERATIONS 40.00 X 113468 0 12698 KEEON GREGORY DIRECTOR OF COLLEGE COUNSELING 40.00 X 112009 0 10788 PETER WILLIAMS ASSISTANT HEAD OF SCHOOL FOR OPERATIONS 40.00 X 109222 0 9845 1459155 0 185065 9 0 1 0 0 17302911 6075117 17302911 STUDENT TUITION & FEES 611600 20335942 20335942 SUMMER PROG/CHILD CARE 611710 888735 888735 TRANSPORATION FEES 480000 48256 48256 276742 276742 21549675 711108 711108 171283 115839 55444 55444 55444 521457 117880 403577 403577 403577 155488 167043 -11555 -11555 820472 738816 81656 81656 MISCELLANEOUS REVENUE 611710 91124 91124 91124 40183940 21549675 0 1331354 2425929 2425929 906982 703513 203469 10314094 7395017 2550901 368176 93384 51960 31749 9675 2474415 1701590 698019 74806 826962 579029 222209 25724 51734 51734 74975 74975 53000 53000 55814 55814 574931 263453 311478 105251 15005 90246 1287101 974383 287982 24736 550740 150282 400458 341753 341753 174958 174958 235255 145042 85541 4672 97256 85075 10646 1535 2082516 2082516 129608 129608 ATHLETIC PROGRAM/UNIFOR 93719 93719 HOSPITALITY 80133 821 78989 323 DIVERSITY PROGRAM 28004 28004 MEMBERSHIP DUES 19192 6540 11202 1450 447996 109245 141312 197439 23525702 16254564 6306133 965005 821 0 5232166 4126931 429473 538517 326166 5745027 151927 179154 302928 248749 41083030 21967870 19955458 19115160 15817935 18032988 304017 10062581 42520891 58049107 2042649 2305290 2732146 2633081 2052399 510266 2166 2166 41455 39584 6870815 5490387 X 22633760 22647807 13016316 29910913 35650076 52558720 42520891 58049107 X 16658238 782793 -532387 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 14558220 476516 2082737 506238 16611235 15753223 900934 -1624467 471470 14558220 12027862 580551 3549332 404522 15753223 11627951 577544 207222 384855 12027862 11240452 288816 510169 411486 11627951 0.19309 0.54947 0.25744 0 0 2603648 2603648 28595799 16325335 12270464 3987300 2276349 1710951 5896283 3366186 2530097 19115160 CASH HELD FOR LONG TERM PURPOSES 8923896 CONSTRUCTION IN PROGRESS 1138685 10062581 AGENCY FUNDS 39584 39584 X 39024016 782793 978962 1761755 37262261 2921679 2921679 40183940 22115372 1071413 1071413 21043959 2481743 2481743 23525702 PART IV, LINE 2B: THE SCHOOL MAINTAINS ESCROW ACCOUNTS FOR TENANT SECURITY DEPOSITS RELATED TO RENTAL PROPERTY. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 66 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: GREENSBORO INDEPENDENT SCHOOL CORPORATION (DBA GREENSBORO DAY SCHOOL) ("THE SCHOOL") IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE SCHOOL HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX OBLIGATIONS AS OF JUNE 30, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF SWAP AGREEMENT 9,614. RECLASS COST OF GOODS SOLD 738,816. RECLASS RENTAL EXPENSES 63,489. RECLASS SPECIAL EVENT EXPENSES 167,043. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS FINANCIAL AID 2,425,929. RECLASS INVESTMENT MANAGEMENT FEES 55,814. PLEDGE RESERVE WRITE OFF 439,936. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS COST OF GOODS SOLD 738,816. RECLASS RENTAL EXPENSES 63,489. RECLASS SPECIAL EVENT EXPENSES 167,043. RECLASS AUXILLARY EXPENSES (NOT INCLUDED ELSEWHERE) 102,065. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS FINANCIAL AID 2,425,929. RECLASS INVESTMENT MANAGEMENT FEES 55,814. 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 NONDISCRIMINATION POLICY IS PRINTED ANNUALLY IN THE LOCAL NEWSPAPER. 1 WINKLER CONSULTING GROUP 1036 EWALL STREET MOUNT PLEASANT SC 29464 FEASIBILITY STUDY FOR CAPITAL CAMPAIGN 0 0 94000 0 94000 NC SPRING FUND AUCTION/RAFFLE 153769 153769 4046 162443 SPECIAL PROJECTS 1719 1719 554 155488 155488 4046 162997 167043 -11555 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE ORGANIZATION PAID FEES FOR A FEASABILITY STUDY IN ADVANCE OF THE ORGANIZATION'S CAPITAL CAMPAIGN. 1 FINANCIAL AID FOR TUITION 213 2425929 FINANCIAL AID PART I, LINE 2: THE SCHOOL HAS SET PROCEDURES FOR DETERMINING THE FINANCIAL NEED OF STUDENTS WHO ARE APPLYING FOR FINANCIAL AID AND THE GRANTING OF FINANCIAL AID. ELIGIBLE STUDENTS ARE CHOSEN AS GRANT RECIPIENTS BASED ON FINANCIAL NEED. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 TRACIE J CATLETT HEAD OF SCHOOL 330849 0 60000 0 29237 0 16748 0 29835 0 466669 0 0 0 KYLE LEWIS CFO 162190 0 0 0 365 0 8556 0 20465 0 191576 0 0 0 IAN PATRICK CHIEF PHILANTHROPHY OFFICE 161131 0 0 0 329 0 8000 0 19194 0 188654 0 0 0 ANNE GLOSKY ASSOCIATE HEAD OF SCHOOL FOR PEOPLE 162768 0 0 0 113 0 8120 0 4339 0 175340 0 0 0 PART I, LINE 1A TAX INDEMNIFICATION AND GROSS UP PAYMENTS, HOUSING ALLOWANCE AND HEALTH CLUB DUES ARE PAID FOR THE HEAD OF THE SCHOOL AND ARE APPROPRIATELY INCLUDED IN HER WAGES. A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 NONEAVAIL 2010-08-26 6015000 REFUNDING ISSUE 0 0 0 B SOUTH STATE BANK 2023-04-26 23000000 REFUNDING ISSUE 0 0 0 A 6015000 120300 5894700 2010 0 0 1 1 B 23000000 217749 510266 22271985 2023 0 0 1 1 A 0 0 1 0 1 1 BB&T 10.000000000000 0 0 0 0 0 B 0 0 1 0 1 0 0 0 0 A 0 B 0 117031 TUITION REMISSION TUITION REMISSION X PLEDGE RECEIVABLE 5 6075117 FAIR VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION UTILIZES BROKERAGE FIRMS TO SELL MARKETABLE SECURITIES DONATED TO THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE PARENTS OR GUARDIANS AND PAST PARENTS WHO CONTINUE TO HOLD MEMBERSHIP CERTIFICATES. NONE OF THE ORGANIZATION'S MEMBERS HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. THE APPROVED FORM 990 IS POSTED TO THE BOARD OF TRUSTEES PORTAL FOR TRUSTEE REVIEW PRIOR TO THE FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER, AND KEY EMPLOYEE IS GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AND IS ASKED TO SIGN A STATEMENT ANNUALLY THAT HE OR SHE HAS NOT ENTERED INTO ANY ARRANGEMENTS WITH THE SCHOOL AND ITS CONSTITUENTS THAT WOULD VIOLATE THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF KEY EMPLOYEES AND OFFICERS, OTHER THAN THE HEAD OF SCHOOL, IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, WHICH IS CHARGED WITH EXAMINING COMPARABLE COMPENSATION AND BENEFITS DATA FOR KEY EMPLOYEES. THE HEAD OF SCHOOL'S COMPENSATION IS REVIEWED AND APPROVED BY THE HEAD'S COMPENSATION COMMITTEE, WHICH IS CHARGED WITH EXAMINING COMPARABLE COMPENSATION AND BENEFITS DATA FOR THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PLEDGE RESERVE AND WRITE OFF -439,936. CHANGE IN FAIR VALUE OF SWAP AGREEMENT 9,614. AUXILLARY EXPENSES (NOT INCLUDED ELSEWHERE) -102,065. PART XII, LINE 2C: THE METHOD OF REVIEWING THE AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR.