2025-04-11T09:16:54-05:00 2024-06-30 471352305 O'CONNELL & COMPANY LLC 240 GIBRALTAR ROAD SUITE 260 HORSHAM PA 19044 990 2023-07-01 231352658 MALVERN PREPARATORY SCHOOL MALV 4845951100 418 S WARREN AVENUE MALVERN PA 19355 THEODORE N CANIGLIA JR CFO 4845951100 2025-04-11 1 1 TERENCE M O'CONNELL CPA P01436232 2158874425 2025-04-11 2023 2025-03-06 01:10:19Z GEORGE P SILLUP 418 S WARREN AVENUE MALVERN PA 19355 35741026 0 X WWW.MALVERNPREP.ORG X 1922 PA MALVERN PREPARATORY SCHOOL IS AN INDEPENDENT, AUGUSTINIAN, CATHOLIC SCHOOL THAT EDUCATES ITS STUDENTS IN A CARING ENVIRONMENT, FOCUSED ON ACADEMICS WHILE MAINTAINING BALANCE AMONG SPIRITUALITY, ARTS, ATHLETICS AND ACTIVITIES. 30 29 281 75 0 0 10902042 6540857 25269101 27061257 336132 648504 977680 1067210 37484955 35317828 4940793 5150400 0 0 15557613 16746226 0 0 1690940 9624414 10297199 30122820 32193825 7362135 3124003 85562352 100958096 11110225 19878904 74452127 81079192 X AN AUGUSTINIAN SCHOOL, CATHOLIC AND INDEPENDENT, LIVING THE AUGUSTINIAN SPIRIT OF VERITAS, UNITAS AND CARITAS. VERITAS (TRUTH) - MALVERN IS DEDICATED TO THE PURSUIT OF TRUTH THROUGH ACADEMIC EXCELLENCE AND THE GROWTH OF EACH OF ITS STUDENTS, SO THAT HE IS PREPARED FULLY FOR COLLEGE AND FOR A LIFE OF INTEGRITY AND COURAGEOUS LEADERSHIP. UNITAS (UNITY) - SEEKING ONENESS OF MIND AND HEART IN THE JOURNEY TOWARD GOD, MALVERN STRIVES TO BUILD A DIVERSE COMMUNITY IN WHICH A CARING FACULTY WORKS WITH PARENTS AND STUDENTS TO INSTILL IN EVERYONE A PERSONAL RESPONSIBILITY FOR THE COMMON GOOD. CARITAS (LOVE) - INSPIRED BY CHRIST, THE MALVERN TRADITION INVITES EACH INDIVIDUAL TO GROW AND GIVE IN A FAMILY DISTINGUISHED BY RESPECT, CHALLENGE, SERVICE AND EXCEPTIONAL LOVE. 0 0 24751045 5150400 27061257 COLLEGE PREPARATORY EDUCATION FOR STUDENTS IN GRADES 6-12, RELATED ATHLETIC AND OTHER EXTRA CURRICULAR PROGRAMS FOR APPROXIMATELY 670 STUDENTS. 24751045 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 281 1 0 0 0 0 0 0 0 0 0 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X THEODORE N CANIGLIA JR 4845951100 418 S WARREN AVE MALVERN PA 19355 JOSEPH H DAVIS PHD CHAIRMAN 1.00 X X 0 0 0 DAVID FRANK CO-VICE CHAIR 1.00 X X 0 0 0 KEVIN J TRAYNOR JR CO-VICE CHAIR 1.00 X X 0 0 0 BRIAN RILEY TREASURER 1.00 X X 0 0 0 MARISSA CHERIAN SECRETARY 1.00 X X 0 0 0 MIGUEL ALBAN TRUSTEE 1.00 X 0 0 0 TOBY BOOKER TRUSTEE 1.00 X 0 0 0 BRYAN CARTER TRUSTEE 1.00 X 0 0 0 MARK C DAVIS TRUSTEE 1.00 X 0 0 0 REV LOUIS DELFRA TRUSTEE 1.00 X 0 0 0 REV PETER M DONOHUE OSA PHD TRUSTEE 1.00 X 0 0 0 DANIEL C FLYNN TRUSTEE 1.00 X 0 0 0 REV ROBERT HAGAN OSA ESQ TRUSTEE 1.00 X 0 0 0 ANDREW HOWLEY TRUSTEE 1.00 X 0 0 0 REV GARY N MCCLOSKEY OSA PHD TRUSTEE 1.00 X 0 0 0 JOSEPH J MCLAUGHLIN JR TRUSTEE 1.00 X 0 0 0 BRIAN J MCTEAR ESQ TRUSTEE 1.00 X 0 0 0 MICHAEL J MEEHAN ESQ TRUSTEE 1.00 X 0 0 0 ROBERT MITCHELL TRUSTEE 1.00 X 0 0 0 REV ROBERT MURRAY OSA TRUSTEE 1.00 X 0 0 0 KATHERINE RICHMAN OATES TRUSTEE 1.00 X 0 0 0 REV JAMES PARADIS OSA TRUSTEE 1.00 X 0 0 0 SISTER STEPHEN ANNE RODERIGUEZ IHM TRUSTEE 1.00 X 0 0 0 REV BERNIE SCIANNA OSA PHD TRUSTEE 1.00 X 0 0 0 GEORGE P SILLUP HEAD OF SCHOOL 40.00 X X 374519 0 32693 LYNN BEVEVINO TRUSTEE 1.00 X 0 0 0 SHONDA M CAIN TRUSTEE 1.00 X 0 0 0 SEAN P MCCONNELL TRUSTEE 1.00 X 0 0 0 J MICHAEL RIORDAN ESQ TRUSTEE 1.00 X 0 0 0 BARKLEY E SAMPLE TRUSTEE 1.00 X 0 0 0 PATRICK SILLUP TRUSTEE 1.00 X 0 0 0 THEODORE N CANIGLIA JR CFO 40.00 X 221770 0 29905 RONALD A ALGEO ASSOC HEAD OF SCHOOL 40.00 X 186373 0 24318 JEFFREY M KINNEY DIR OF FACILITIES OP 40.00 X 172129 0 23007 NEHA MORRISON EXEC DIRECTOR HR 40.00 X 148350 0 25954 JOSEPH M TRESTON JR DIR. DEVELOPMENT 40.00 X 148814 0 7676 ADRIENNE L NILES DIR. ENROLLMENT 40.00 X 144809 0 25726 JACQUELINE M WHITE DIR. OF THE ARTS 40.00 X 139653 0 24224 MARK A HANICHAK SEN ASSOC DIR. OF DEVELOPMENT 40.00 X 140994 0 25360 1677411 0 218863 9 0 1 0 0 136966 6403891 118369 6540857 TUITION AND FEES 611600 26014935 26014935 CAFETERIA REVENUE 611600 1004945 1004945 SUMMER PROGRAMS REVENUE 611600 41377 41377 27061257 648504 648504 564542 136966 223421 341121 341121 361746 199777 161969 161969 POOL REVENUE 611600 280236 280236 OTHER INCOME 611600 212061 212061 GYMNASIUM REVENUE 611600 71823 71823 564120 35317828 27273318 0 1503653 5150400 5150400 261675 13084 209340 39251 13095619 9799902 2494833 800884 2421928 1792453 477561 151914 967004 707426 197880 61698 274697 274697 691819 691819 157463 110492 46971 323565 323565 185696 185696 410516 369464 24631 16421 2503372 2253035 150202 100135 340577 340577 UNIFORMS, EQUIPMENT AND 933768 933768 MISCELLANEOUS 651823 297650 275235 78938 SUPPLIES 595366 582465 2894 10007 CAFETERIA PRODUCT COSTS 452221 452221 2776316 2399177 178114 199025 32193825 24751045 5751840 1690940 2382420 2011497 2758308 2718154 4943921 4729072 119725 255490 48455 61824 99766693 40915094 45348027 58851599 29398647 31636150 562849 694310 85562352 100958096 2717927 2662756 1084477 1135359 5440335 5042020 1574271 10699223 293215 339546 11110225 19878904 X 47939193 54535911 26512934 26543281 74452127 81079192 85562352 100958096 3124003 3503062 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26490435 1584666 3903697 734131 31244667 24496669 359602 2266445 632281 26490435 27581238 1527888 -4154166 457222 1069 24496669 23502031 319911 5808688 2025013 24379 27581238 23022498 291995 642904 430987 24379 23502031 0.50600 0.49400 0 0 17482 17482 64542763 26762275 37780488 16244162 6571628 9672534 8811487 7581191 1230296 10150799 10150799 58851599 COMMITMENTS AND CONTINGENCIES 150000 FINANCING LEASE LIABILITY 169162 OPERATING LEASE LIABILITY 20384 339546 X 33659135 3503062 -5150400 -1647338 35306473 11355 11355 35317828 27073759 199777 199777 26873982 5319843 5319843 32193825 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS HAVE BEEN ESTABLISHED TO FUND SCHOLARSHIPS, FACULTY ENHANCEMENT, OPERATIONS AND DIVERSITY. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE SCHOOL HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -5,150,400. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE FROM MOTHER'S AND FATHER'S CLUBS AND STUDENT ACT. 211,132. BOOKSTORE COST OF GOODS SOLD -199,777. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 199,777. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 5,150,400. EXPENSES FROM MOTHER'S AND FATHER'S CLUBS AND STUDENT ACT. 169,443. 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 RACIALLY NONDISCRIMINATORY POLICY HAS BEEN PUBLISHED IN THE PHILADELPHIA INQUIRER, PHILADELPHIA DAILY NEWS, AND METROKIDS PENNSYLVANIA. BASH AUCTION 438138 81366 356772 131384 GOLF OUTING 247991 55600 192391 50846 29755 686129 136966 549163 50846 161139 211985 337178 1 SCHOLARSHIPS & FINANCIAL AID 221 5150400 X 1 0 0 0 0 0 0 0 0 0 0 GEORGE P SILLUP HEAD OF SCHOOL 374519 0 0 0 0 0 0 0 32693 0 407212 0 0 0 THEODORE N CANIGLIA JR CFO 221770 0 0 0 0 0 0 0 29905 0 251675 0 0 0 RONALD A ALGEO ASSOC HEAD OF SCHOOL 186373 0 0 0 0 0 0 0 24318 0 210691 0 0 0 JEFFREY M KINNEY DIR OF FACILITIES OP 172129 0 0 0 0 0 0 0 23007 0 195136 0 0 0 NEHA MORRISON EXEC DIRECTOR HR 148350 0 0 0 0 0 0 0 25954 0 174304 0 0 0 ADRIENNE L NILES DIR. ENROLLMENT 144809 0 0 0 0 0 0 0 25726 0 170535 0 0 0 MARK A HANICHAK SEN ASSOC DIR. OF DEVELOPMENT 140994 0 0 0 0 0 0 0 25360 0 166354 0 0 0 JACQUELINE M WHITE DIR. OF THE ARTS 139653 0 0 0 0 0 0 0 24224 0 163877 0 0 0 JOSEPH M TRESTON JR DIR. DEVELOPMENT 148814 0 0 0 0 0 0 0 7676 0 156490 0 0 0 A CENTRAL AND WESTERN COUNTY INDUST DEV 232667137 NOTAPP000 2015-03-10 8509000 REFINANCE EXISTING DEBT 0 0 0 A 8509000 8509000 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 1 X 118369 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 INFORMATION IS ORGANIZED BY ANTHONY DIGREGORIO, BUSINESS MANAGER, AND GIVEN TO THE TAX PREPARER. THE COMPLETED RETURN IS THEN REVIEWED BY THEODORE N. CANIGLIA, JR., CHIEF FINANCIAL OFFICER. THE BOARD THEN RECEIVES A COPY OF THE FORM 990 TO REVIEW AND APPROVE FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED ON A CASE BY CASE BASIS. (EXAMPLE: WHEN VENDORS ARE HIRED). ALSO, IF AN ISSUE IS DISCUSSED AT A BOARD MEETING INVOLVING A BOARD MEMBER, THAT MEMBER IS EXCUSED FROM THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL: ALL BOARD MEMBERS COMPLETE AN EVALUATION, FOLLOWED BY A MEETING BETWEEN THE CHAIRMAN OF THE BOARD AND HEAD OF SCHOOL. IN ADDITION, A COMPARISON IS MADE WITH OTHER PRIVATE SCHOOL'S CEOS' SALARIES. COMPENSATION PROCESS FOR OFFICERS: A COMPARISION IS MADE WITH OTHER PRIVATE SCHOOL'S OFFICER/ KEY EMPLOYEES SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.