2022-05-13T12:30:01-05:00 2021-06-30 570940019 BAUKNIGHT PIETRAS & STORMER PA 1501 MAIN ST SUITE 600 COLUMBIA SC 29201 990 2020-07-01 570477924 HAMMOND SCHOOL HAMM 8037760295 854 GALWAY LANE COLUMBIA SC 29209 ANDREW NORTH HEAD OF SCHOOL 8037760295 2022-05-13 1 ANDREW NORTH 999009999 DAWN WETHERLEY P01448919 8037718943 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANDREW NORTH 854 GALWAY LANE COLUMBIA SC 29209 20315504 0 X WWW.HAMMONDSCHOOL.ORG X 1965 SC THE MISSION OF HAMMOND SCHOOL IS TO INSTILL IN STUDENTS A COMMITMENT TO ACADEMIC EXCELLENCE AND RECOGNITION OF INDIVIDUAL POTENTIAL THAT WILL CONTRIBUTE TO THE DEVELOPMENT OF THEIR CHARACTERS. 23 21 350 450 0 0 2856528 957553 16890196 18652491 307311 390554 136084 98332 20190119 20098930 1701982 1868718 0 0 11136568 11832842 0 0 0 6184440 6464166 19022990 20165726 1167129 -66796 54753815 56545051 24888189 24894689 29865626 31650362 THE MISSION OF HAMMOND SCHOOL IS TO INSTILL IN STUDENTS A COMMITMENT TO ACADEMIC EXCELLENCE AND RECOGNITION OF INDIVIDUAL POTENTIAL THAT WILL CONTRIBUTE TO THE DEVELOPMENT OF THEIR CHARACTERS. 0 0 17732478 1868718 18652491 HAMMOND SCHOOL IS A NON-PROFIT PRIMARY EDUCATIONAL INSTITUTION PROVIDING EDUCATION FROM PRESCHOOL THROUGH GRADE 12. 17732478 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 1 0 0 0 0 0 0 0 0 0 0 0 1 71 0 1 350 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 21 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 SC X X GRACE MOORE 8037266647 854 GALWAY LANE COLUMBIA SC 29209 AKSHAKI M GANDHI TRUSTEE 1.00 X 0 0 0 ANGUS M BRABHAM IV TRUSTEE 1.00 X 0 0 0 BETH E BERNSTEIN TRUSTEE 1.00 X 0 0 0 CARRIE A MOSS TRUSTEE 1.00 X 0 0 0 DAISY B MILLER TRUSTEE 1.00 X 0 0 0 DAMON C JETER TRUSTEE 1.00 X 0 0 0 HAKAN OZMEN TRUSTEE 1.00 X 0 0 0 J CANTEY HEATH TRUSTEE 1.00 X 0 0 0 JOSEPH A EDENS III TRUSTEE 1.00 X 0 0 0 JOSEPH WALKER III TRUSTEE 1.00 X 0 0 0 MARY C BOYD TRUSTEE 1.00 X 0 0 0 MICHAEL E EDENS TRUSTEE 1.00 X 0 0 0 MICHAEL E PENLAND IMMEDIATE PAST CHAIR 1.00 X 0 0 0 MOJI S OGUNFOWORA TRUSTEE 1.00 X 0 0 0 R SETH BLACK TRUSTEE 1.00 X 0 0 0 ROBERT B BETHEA JR TRUSTEE 1.00 X 0 0 0 S MARK HOOD TRUSTEE 1.00 X 0 0 0 SOHEE K PARK TRUSTEE 1.00 X 0 0 0 SUSAN O PORTER TRUSTEE 1.00 X 0 0 0 ALICE P ADAMS VICE-CHAIRPERSON 1.00 X 0 0 0 CANDACE LEAPHART CHIEF FINANCIAL OFFICER 40.00 X 148255 0 11363 CHRISTOPHER B ANGEL HEAD OF SCHOOL 40.00 X 489493 0 88359 JILL L CROSSWELL SECRETARY 1.00 X 0 0 0 JOSEPH R FOLLINE CHAIRPERSON 1.00 X 0 0 0 MARK P GARSIDE TREASURER 1.00 X 0 0 0 ANDREW NORTH MIDDLE SCHOOL HEAD 40.00 X 117472 0 39759 HELEN KISER LOWER SCHOOL HEAD 40.00 X 114170 0 52942 JEFF BARNES ATHLETIC DIRECTOR 40.00 X 111544 0 42986 JOSEPH LUMPKIN UPPER SCHOOL HEAD 40.00 X 106340 0 58676 SUSAN KEENAN DIRECTOR OF ADVANCEMENT 40.00 X 131537 0 6513 1218811 0 300598 7 0 1 0 HOOD CONSTRUCTION COMPANY INC 1050 SHOP RD SUITE A COLUMBIA SC 29201 CONSTRUCTION 128200 COMMERCIAL MAINTENANCE SERVICES INC PO BOX 109 COLUMBIA SC 29202 JANITORIAL 121548 THE BUDD GROUP PO BOX 890856 CHARLOTTE NC 28289 JANITORIAL 112201 3 11550 946003 957553 TUITION AND FEES 900099 17189028 17189028 AUXILLARY ENTERPRISES 900099 1308611 1308611 154852 154852 18652491 227058 227058 345232 0 181736 345232 -181736 163496 163496 133170 11550 34838 98332 98332 20098930 18652491 0 488886 1868718 1868718 1519406 1330857 188549 7638308 6690440 947868 374660 324620 50040 1687294 1461935 225359 613174 531277 81897 109105 102156 6949 118083 103063 15020 285887 285887 1923411 1678752 244659 157208 137211 19997 OPERATIONAL SUPPLIES 1410330 1273503 136827 OTHER EXPENSES 816242 721220 95022 REPAIRS, MAINTENANCE, S 573089 500192 72897 INSTRUCTIONAL SUPPLIES 520747 520747 550064 487787 62277 20165726 17732478 2433248 0 8845839 12068291 2473927 821913 3600637 2589417 30640 28997 114859 97383 48919138 18953038 30393382 29966100 8681716 10598757 612815 374193 54753815 56545051 1390869 1565681 8770047 10399139 13265320 11414933 1461953 1514936 24888189 24894689 X 26563633 27582645 3301993 4067717 29865626 31650362 54753815 56545051 X -66796 1469853 381679 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 657642 155027 156268 10020 958917 638390 6450 20448 7646 657642 615313 17152 40614 5462 667617 586268 6327 30682 7964 615313 521175 35042 37618 7567 586268 0.80000 0.20000 1 0 22500 2053107 2075607 41811047 15442120 26368927 5032484 3510918 1521566 29966100 AGENCY FUNDS 77184 OTHER LIABILITIES 556764 CAPITAL LEASE OBLIGATIONS 880988 1514936 X 20298317 1469853 598252 2068105 18230212 1868718 1868718 20098930 18513581 216573 216573 18297008 1868718 1868718 20165726 PART V, LINE 4: THE ENDOWMENT HAS BEEN CREATED TO SUPPORT THE SCHOOL'S ONGOING OPERATIONS AND GROWTH AND TO ALLOW IT TO STRATEGICALLY INVEST ITS FINANCIAL RESOURCES. THE ANTICIPATED TERM OF THE ENDOWMENT POOL IS PERPETUAL. THE INVESTMENT RETURNS OF THE ENDOWMENT WILL BE USED IN SUPPORT OF HAMMOND'S MISSION. THE ENDOWMENT FUNDS WILL BE USED TO ENSURE THE SCHOOL REMAINS INNOVATIVE AND HAS ADEQUATE RESOURCES FOR THE FUTURE. PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. AT JUNE 30, 2021 AND 2020, THE SCHOOL HAS DETERMINED THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. AS A RESULT, THE SCHOOL DID NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS, INTEREST, OR PENALTIES AT JUNE 30, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED AGAINST REVENUE IN FORM 990 UNREALIZED GAIN ON INTEREST RATE SWAP AGREEMENT LOSS ON DISPOSITION OF ASSETS INCLUDED IN EXPENSE IN AUDITED STATEMENTS PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION IN THE AUDITED FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED AGAINST REVENUE IN FORM 990 LOSS ON DISPOSITION OF ASSETS NETTED AGAINST INCOME IN 990 PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION IN THE AUDITED FINANCIAL STATEMENTS 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 SCHOOLS NON-DISCRIMINATORY POLICY IS PUBLISHED IN ALL ADMISSIONS MATERIALS. IT IS ALSO INCLUDED IN SUPPLEMENTAL PRINTINGS, ADVERTISEMENTS AND PUBLICATIONS, IN EMPLOYEE HANDBOOKS, AND ON ITS WEBSITE. GOLF TOURNAMENT 28525 9000 19525 288 5442 506 3901 AUCTION 84546 2550 81996 18253 3 31649 31649 6449 144720 11550 133170 288 5442 506 28603 34839 98331 1 FINANCIAL AID TO STUDENTS 233 1868718 CASH PART I, LINE 2 HAMMOND SCHOOL'S FINANCIAL AID PROGRAM WAS DESIGNED TO HELP THE SCHOOL ENROLL A TALENTED, BRIGHT, SOCIALLY AND ECONOMICALLY DIVERSE GROUP OF STUDENTS WHO MIGHT OTHERWISE NOT BE ABLE TO ATTEND HAMMOND. FINANCIAL AID IS GRANTED TO FAMILIES ON THE BASIS OF DEMONSTRATED NEED THROUGH THE USE OF SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS). IN USING SSS, HAMMOND FOLLOWS THE FOLLOWING PRINCIPLES OF GOOD PRACTICE OUTLINED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL (NAIS): 1. FINANCIAL AID AWARDS WILL BE MADE WITHOUT REGARD TO RACE, NATIONALITY, OR ETHNIC ORIGIN. 2. FINANCIAL AID WILL BE DETERMINED ON THE BASIS OF DEMONSTRATED NEED. 3. FAMILIES MUST SUBMIT ANNUALLY THE FINANCIAL STATEMENT TO SSS. 4. THE FINANCIAL AID PROCESS IS 100% CONFIDENTIAL. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 CHRISTOPHER B ANGEL HEAD OF SCHOOL 406091 0 83402 0 0 0 33750 0 54609 0 577852 0 0 0 HELEN KISER LOWER SCHOOL HEAD 112892 0 1278 0 0 0 6097 0 46845 0 167112 0 0 0 JOSEPH LUMPKIN UPPER SCHOOL HEAD 105130 0 1210 0 0 0 5997 0 52679 0 165016 0 0 0 CANDACE LEAPHART CHIEF FINANCIAL OFFICER 147035 0 1220 0 0 0 7541 0 3822 0 159618 0 0 0 ANDREW NORTH MIDDLE SCHOOL HEAD 116108 0 1364 0 0 0 2967 0 36792 0 157231 0 0 0 JEFF BARNES ATHLETIC DIRECTOR 110363 0 1181 0 0 0 5946 0 37040 0 154530 0 0 0 PART I, LINE 4B CHRIS ANGEL PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. A SC JOBS - ECONOMIC DEVELOPMENT AUTHORITY 570960018 837036CP5 2017-05-27 19000000 SCHOOL CONSTRUCTION 0 0 0 A 19000000 321699 16652995 0 0 1 1 A 0 0 0 0 0 0 0 A 1 1 1 THE TORONTO DOMINION BANK 10.000000000000 0 0 0 0 0 A 0 HOOD CONSTRUCTION COMPANY INC BOARD MEMBER IS AN OWNER. 128200 CONSTRUCTION SERVICES 0 JHD 8098 LLC BOARD MEMBER IS AN OWNER. 28595 FOOD SUPPLIER 0 FORM 990, PART VI, SECTION A, LINE 2 TWO OF THE TRUSTEES INVOLVED IN HAMMOND ARE BROTHERS. FORM 990, PART VI, SECTION A, LINE 2 THE BOARD OF TRUSTEES INCLUDES TWO MEMBERS WHO ARE SIBLINGS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 IS PREPARED BY THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT, IT IS REVIEWED AND APPROVED BY THE CFO, HEAD OF SCHOOL AND THE CHAIRMAN OF THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C HAMMOND SCHOOL REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE SCHOOL'S REQUIREMENT AND POLICY THAT OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. EVERY YEAR, EACH TRUSTEE AND KEY EMPLOYEE IS REQUIRED TO COMPLETE AND SIGN THE SCHOOL'S ADOPTED CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR OF HAMMOND SCHOOL IS REFERRED TO AS THE HEAD OF SCHOOL. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS THE AUTHORITY TO REVIEW THE PERFORMANCE OF THE HEAD OF SCHOOL AND ESTABLISH HIS OR HER COMPENSATION, AS SET FORTH IN SECTION 4.1.1 OF HAMMOND SCHOOL'S BYLAWS AS AMENDED ON MAY 8, 2017. THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE THOSE TRUSTEES WHO ARE THE CHAIRMAN OF THE BOARD, THE VICE-CHAIRMAN OF THE BOARD, THE SECRETARY, AND THE TREASURER, TOGETHER WITH OTHER SUCH TRUSTEES THAT ARE APPOINTED FROM TIME TO TIME AT THE DISCRETION OF THE CHAIRMAN OF THE BOARD. THE EXECUTIVE COMMITTEE REVIEWS DATA ON HEAD OF SCHOOL COMPENSATION FROM OTHER SIMILAR INDEPENDENT SCHOOLS WHEN DETERMINING THE HEAD OF SCHOOL'S COMPENSATION AND OTHER BENEFITS. THE SCHOOL'S CHIEF FINANCIAL OFFICER ASSISTS THE COMMITTEE IN OBTAINING THIS DATA FROM COMPARABLE SCHOOLS AND BENCHMARKING TOOLS FROM ORGANIZATIONS SUCH AS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). THE COMMITTEE ALSO CONSIDERS THE HEAD OF SCHOOL'S EXPERIENCE AND PERFORMANCE WHEN SETTING COMPENSATION LEVELS. ONCE THE COMPENSATION AND BENEFITS ARE DETERMINED, THE EXECUTIVE COMMITTEE AND THE HEAD OF SCHOOL BOTH DESIGNATE THEIR RESPECTIVE ATTORNEYS, AND A CONTRACT IS DRAFTED AND AGREED UPON BY BOTH THE HEAD OF SCHOOL AND THE EXECUTIVE COMMITTEE. WHEN THE CONTRACT EXPIRES, THE PROCESS OF BENCHMARKING AND RENEGOTIATING BETWEEN THE EXECUTIVE COMMITTEE AND THE HEAD OF SCHOOL IS INITIATED AGAIN BY THE EXECUTIVE COMMITTEE BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 HAMMOND SCHOOL RETAINS COPIES OF THE SCHOOLS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ON THE SCHOOL'S SHARED DRIVE. INDIVIDUALS MAY REQUEST COPIES FROM THE BUSINESS OFFICE OR THE HEAD OF SCHOOL OFFICE. THE COPIES ARE MADE AVAILABLE ON THE SCHOOL'S CAMPUS,AND THE HEAD OF SCHOOL'S CONFERENCE ROOM IS DESIGNATED AS A LOCATION FOR ANY INDIVIDUAL TO REVIEW THE DOCUMENTS WITH OR WITHOUT ASSISTANCE FROM THE SCHOOL'S CHIEF FINANCIAL OFFICER OR HEAD OF SCHOOL. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP LIABILITY 381,679. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.