2025-06-30T17:06:14+00:00 2024-06-30 440160260 Forvis Mazars LLP 4161 Piedmont Parkway Suite 310 Greensboro NC 27410 990 2023-07-01 560949932 Greensboro Independent School Corp GREE 3362888590 5401 Lawndale Drive Greensboro NC 27455 Tim Finnegan Chief Financial Officer 3362888590 2025-06-30 true Brian Doud P01748393 3368895156 2025-04-23 2023 2025-03-06 01:10:19Z Greensboro Day School Tracie Catlett 5401 Lawndale Drive Greensboro NC 27455 35759396 false X WWW.GreensboroDay.Org X 1970 NC A coeducational, college preparatory non-sectarian independent school for grades PK-12. 21 21 309 225 0 0 17302911 9208947 21549675 23404345 1114685 1174880 216669 94182 40183940 33882354 2425929 2817655 0 0 14615837 16194983 53000 53000 952086 6430936 5228326 23525702 24293964 16658238 9588390 58049107 74082288 5490387 10698614 52558720 63383674 Greensboro Day School develops the intellectual, ethical, and interpersonal foundations students need to become constructive contributors to the world. false false 16593850 2817655 23404345 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 a stewardship of the environment. 16593850 true true false false false false false true true true false false true true true true false true false false false false true true false false false true true true false false false false false false true false false false true false false false false false false false false true 72 0 true 309 true false false false false false false false false false false false false X 21 21 false false false false true false false true true false false true true true true true true true true false X Tim Finnegan 3362888590 5401 Lawndale Drive Greensboro NC 27455 Bill Smith Treasurer 2.0 X X 0 0 0 CHUCK KEELEY Past Chair 2.0 X X 0 0 0 DURANT BELL Chair 2.0 X X 0 0 0 Lisa Anderson Secretary 2.0 X X 0 0 0 ANDREA HUNT TRUSTEE 2.0 X 0 0 0 Ann Legette TRUSTEE 2.0 X 0 0 0 Ashley Anderson Trustee 2.0 X 0 0 0 Beth Harrington At Large 2.0 X 0 0 0 Charles T Hagan III TRUSTEE 2.0 X 0 0 0 Comer Wear TRUSTEE 2.0 X 0 0 0 David Egerton Trustee 2.0 X 0 0 0 Denise Turner Roth Trustee 2.0 X 0 0 0 Heather Wilson At Large 2.0 X 0 0 0 HOLLY JONES TRUSTEE 2.0 X 0 0 0 John King At Large 2.0 X 0 0 0 Kim Akintayo Trustee 2.0 X 0 0 0 Kristen Magod At Large 2.0 X 0 0 0 Libby Ramsey TRUSTEE 2.0 X 0 0 0 Phelps Sprinkle Trustee 2.0 X 0 0 0 Rima Jarrah Trustee 2.0 X 0 0 0 Steven Hatcher TRUSTEE 2.0 X 0 0 0 Alanna Brown CFO 40.0 X 100526 0 2250 Anne Glosky Associate Head of School for People & Program 40.0 X 166621 0 12137 Ian Patrick Chief Philanthrophy Office 40.0 X 156872 0 27366 TRACIE J CATLETT HEAD OF SCHOOL 40.0 X 491051 0 51075 Freddy Johnson Director of Basketball 40.0 X 141440 0 15532 Peter Williams Assistant Head of School for Operations 40.0 X 138072 0 10785 1194582 0 119145 6 false true false 0 9208947 4888412 9208947 Student Tuition & Fees 611600 22058964 22058964 Summer Prog/Child Care 611710 1211239 1211239 Transportation Fees 480000 51884 51884 82258 82258 0 0 23404345 994202 994202 70884 60273 10611 0 10611 10611 1122274 941596 180678 0 180678 180678 14637 58331 -43694 -43694 880326 816842 63484 63484 Miscellaneous Revenue 611710 63781 63781 0 0 0 0 63781 33882354 23404345 0 1269062 2817655 2817655 915070 0 709093 205977 11587448 8727677 2643250 216521 91207 51960 29076 10171 2754721 1891524 779737 83460 846537 578100 240586 27851 55639 55639 63950 63950 53000 53000 69836 69836 591519 279877 311642 0 129842 10021 119821 1095386 764183 317955 13248 578733 55185 223159 300389 415285 415285 280040 280040 264627 130836 131826 1965 85192 74523 9325 1344 859111 748297 96852 13962 141081 141081 All Other Expenses 343995 47698 281729 14568 Athletic Program/Uniform 122397 122397 Hospitality 77804 1750 68023 8031 Belonging and Inclusion Program 27175 27175 26714 12127 12988 1599 24293964 16593850 6748028 952086 0 0 4126931 4886657 538517 9310441 5745027 782878 0 0 0 0 179154 185001 248749 321578 42658996 22896130 19115160 19762866 18032988 18333215 0 0 10062581 20499652 58049107 74082288 2305290 3076050 2633081 3173790 510266 4042615 2166 2166 0 0 39584 403993 5490387 10698614 22647807 24390718 29910913 38992956 52558720 63383674 58049107 74082288 X 9588390 1445817 -209253 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 16611235 527905 2032542 640488 18531194 14558220 476516 2082737 506238 16611235 15753223 900934 -1624467 471470 14558220 12027862 580551 3549332 404522 15753223 11627951 577544 207222 384855 12027862 0.1893 0.5048 0.3059 false false 3519507 3519507 28884711 16897208 11987503 2594794 1517923 1076871 7659984 4480999 3178985 19762866 Cash Held for Long-Term Purposes 7337759 Construction in Progress 13161893 20499652 Swap Agreement 0 Agency Fund 43859 Retainage Payable 360134 403993 X 33181185 1445817 935446 2381263 30799922 3082432 3082432 33882354 22356231 941695 941695 21414536 2879428 2879428 24293964 Schedule D, Part IV, Line 2b Explanation of escrow agreement The school maintains escrow accounts for tenant security deposits related to rental property. Schedule D, Part V, Line 4 Intended uses of endowment funds The organization's endowments consist of approximately 86 individual funds established for a variety of purposes. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote 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, 2024. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Reclass Cost of Goods Sold - 816842 Reclass Rental Expenes - 60273 Reclass Special Event Expenses - 58331 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Reclass Financial Aid - 2817655 Reclass investment management fees - 61773 Pledge reserve write off - 203004 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Reclass Cost of Goods Sold - 816842 Reclass Rental Expenses - 60273 Reclass Special Event Expenses - 58331 Reclass Auxiliary Expenses (not included elsewhere) - 6249 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Reclass Financial Aid - 2817655 Reclass Investment Management Fees - 61773 true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE NONDISCRIMINATION POLICY IS ON THE SCHOOL'S WEBSITE. X X X X X X true Winkler Consulting Group 1036 Ewall Street Mount Pleasant SC 29464 Campaign consulting false 120000 -120000 0 120000 -120000 NC Spring Fund Auction/Raffles 12843 12843 8487 49844 Special Projects 1794 1794 0 14637 14637 8487 49844 58331 -43694 Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. WINKLER CONSULTING GROUP-THE ORGANIZATION PAID CONSULTING FEES RELATED TO THE ORGANIZATION'S CAPITAL CAMPAIGN.; true Financial Aid for Tuition 239 2817655 Book Financial Aid Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. 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 true true X X X X false false false false false false false false false TRACIE J CATLETT HEAD OF SCHOOL 397558 0 60000 0 33493 0 20513 0 30562 0 542126 0 0 0 Ian Patrick Chief Philanthrophy Office 156365 0 0 0 507 0 8120 0 19246 0 184238 0 0 0 Anne Glosky Associate Head of School for People & Program 166108 0 0 0 513 0 8364 0 3773 0 178758 0 0 0 Freddy Johnson Director of Basketball 140054 0 0 0 1386 0 8618 0 6914 0 156972 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments 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 false false false B South State Bank NONEAVAIL 2023-04-26 23000000 Refunding issue false false false A 6015000 120300 5894700 2010 false false true true B 23000000 217749 510266 22271985 2023 false false true true A 0.0 B 0.0 A false false true false true true BB&T 10.0 false false false false false B false false true false true false false false false A false B false 40605 Tuition Remission Tuition Remission for children X Pledge Receivable 66 4888412 Market value 0 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions The organization utilizes brokerage firms to sell marketable securities donated to the school. Form 990, Part VI, Line 6 Classes of members or stockholders 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, Line 11b Review of form 990 by governing body FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT/FINANCE 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, Line 12c Conflict of interest policy 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, Line 15b Process to establish compensation of other employees 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, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue All other program service revenue - Total Revenue: 82258, Related or Exempt Function Revenue: 82258, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Pledge Reserve and Write Off - -203004; Auxillary Expenses (Not included elsewhere) - -6249; Form 990, Part XII, Line 2c THE METHOD OF REVIEWING THE AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR.