2022-10-26T09:58:39-05:00 2022-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2021-07-01 050259101 THE WHEELER SCHOOL WHEE 4014218100 216 HOPE STREET PROVIDENCE RI 029062246 KATHLEEN WILSON ASSISTANT TREASURER/CFO 4014218100 2022-10-26 1 KATHLEEN WILSON 999009999 LAURA KIELCZEWSKI P00740769 9592007000 2022-10-25 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ALLISON GAINES PELL 216 HOPE STREET PROVIDENCE RI 029062246 47846006 0 X WWW.WHEELERSCHOOL.ORG X 1889 RI THE WHEELER SCHOOL IS A CO-ED INDEPENDENT DAY SCHOOL FOR NURSERY THROUGH 12TH GRADE STUDENTS. 22 17 560 158 0 0 6296700 7351032 30834014 32464532 6381066 3883277 298843 720860 43810623 44419701 4706295 4673020 0 0 22037965 23932070 20400 47718 1267162 7182027 8524262 33946687 37177070 9863936 7242631 132841038 133927323 26344109 30057485 106496929 103869838 WHEELER IS AN INDEPENDENT, COLLEGE PREPARATORY DAY SCHOOL SERVING STUDENTS NURSERY THROUGH GRADE 12 WHOSE MISSION IS DERIVED FROM THE IDEAL OF ITS FOUNDER, MARY C WHEELER, "TO LEARN OUR POWERS AND BE ANSWERABLE FOR THEIR USE." 0 0 27287152 4673020 31844741 PROVIDING EDUCATIONAL SERVICES TO STUDENTS ATTENDING NURSERY THROUGH 12TH GRADE. THE SCHOOL ENROLLED 785 STUDENTS FOR THE YEAR OF WHICH 87 STUDENTS GRADUATED FROM THE CLASS OF 2022 AND 98% OF THOSE GRADUATING PURSUED A COLLEGE EDUCATION. ADMINISTRATION, FACULTY AND STAFF PARTICIPATED IN SCHOOL SUPPORTED PROFESSIONAL DEVELOPMENT PROGRAMS. A STRONG VOLUNTEER GROUP OF PARENTS AND ALUMNI HELPED THE SCHOOL IN ITS FUNDRAISING AND ADMISSIONS ACTIVITIES. 671545 854347 WHEELER SUMMER CAMP AND PROGRAMS PROVIDE BOTH WHEELER STUDENTS AND CHILDREN FROM THE LOCAL COMMUNITIES, EDUCATIONAL, ENRICHMENT, RECREATIONAL AND ATHLETIC BASED ACTIVITIES AND PROGRAMMING. SUMMER CAMP AND PROGRAMS INTRODUCE CHILDREN TO THE WHEELER SCHOOL AND CAMP EXPERIENCES. IN 2021, 636 CHILDREN PARTICIPATED IN THE PROGRAM. WHEELER SUMMER CAMP AND PROGRAMS PROVIDE NON-TUITION REVENUE TO SUPPORT ANNUAL OPERATIONS. 150214 217115 AFTER SCHOOL PROGRAMS SERVICE WHEELER STUDENTS IN NURSERY THROUGH GRADE 5. APPROXIMATELY 62 STUDENTS WERE ENROLLED PER DAY IN AGE APPROPRIATE ACTIVITIES. ADDITIONALLY LATE DAY OPTIONS ARE AVAILABLE FOR OUR NURSERY AND PREK STUDENTS. 28108911 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 67 0 1 560 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 MA X KATHLEEN WILSON 4014218100 216 HOPE STREET PROVIDENCE RI 029062246 ASHEESH ADVANI BOARD MEMBER 2.00 X 0 0 0 VALERIE ALLEN BOARD MEMBER 2.00 X 0 0 0 DANIEL BECKER BOARD MEMBER 2.00 X 0 0 0 PETER BROWN PRESIDENT, WHEELER ALUMNI ASSOC. 2.00 X X 0 0 0 KATHLEEN CARNEY-GODLEY BOARD MEMBER 2.00 X 0 0 0 JENNIFER COOKKE OUTGOING TREASURER 2.00 X X 0 0 0 STUART FELDMAN BOARD MEMBER 2.00 X 0 0 0 MATTHEW FINKELSTEIN BOARD MEMBER 2.00 X 0 0 0 PEYTON GIBSON BOARD MEMBER 2.00 X 0 0 0 SERGIO GONZALEZ BOARD MEMBER 2.00 X 0 0 0 KATHRYN GOODFELLOW BOARD MEMBER 2.00 X 0 0 0 CONSTANCE HOWES BOARD MEMBER 2.00 X 0 0 0 JAMES KASE VICE-PRESIDENT 2.00 X X 0 0 0 VANESSA KREX BOARD MEMBER 2.00 X 0 0 0 CARLA PETROCELLI BOARD MEMBER 2.00 X 0 0 0 SHANKAR PRASAD BOARD MEMBER 2.00 X 0 0 0 WILLIAM PRESCOTT BOARD MEMBER, HEAD EMERITUS 2.00 X 0 0 0 CHRISTINE ROGERS PRESIDENT, PARENTS ASSOCIATION 2.00 X X 0 0 0 STEPHEN ROSA BOARD MEMBER 2.00 X 0 0 0 RUSSELL SHIPPEE BOARD MEMBER 2.00 X 0 0 0 SANDRA SMITH SECRETARY/TREASURER 2.00 X X 0 0 0 METE TUNCA BOARD MEMBER 2.00 X 0 0 0 ALISIA ST FLORIAN PRESIDENT 2.00 X X 0 0 0 ALLISON GAINES PELL HEAD OF SCHOOL 50.00 X 491706 0 126429 KATHLEEN WILSON ASSISTANT TREASURER/CFO 50.00 X 190849 0 34179 GARY ESPOSITO DIRECTOR OF OPERATIONS 50.00 X 245857 0 36428 RACHEL SPAULDING DIRECTOR OF ADVANCEMENT 50.00 X 195884 0 18770 YOUNG UN DIRECTOR OF STRATEGIC INNOVATION 50.00 X 154909 0 42639 ANNA CURTIS DIRECTOR OF ENROLLMENT MANAGEMENT 50.00 X 142754 0 39812 JEANETTE EPSTEIN DIRECTOR OF THE HAMILTON INSTITUTE 50.00 X 137653 0 34842 NEELTJE HENNEMAN HEAD OF UPPER SCHOOL 50.00 X 151303 0 16473 1710915 0 349572 18 0 1 0 BROCK & COMPANY INC 257 GREAT VALLEY PKWY MALVERN PA 19355 CAFETERIA & FOOD SERVICES 417318 NUVU LLC 450 MASSACHUSETTS AVE CAMBRIDGE MA 02139 EDUCATIONAL INNOVATION & DESIGN PROGRAM 143343 TREMBLAY'S BUS CO INC 284 MYRTLE STREET NEW BEDFORD MA 02746 BUS TRANSPORTATION SERVICES 132612 JG VANDAL ROOFING COMPANY 50 NOBLE STREET SEEKONK MA 02771 ROOF CONTRACTOR (REPAIRS & INSTALLATION) 130462 STUDENT TRANSPORTATION OF AMERICA PO BOX 412179 BOSTON MA 022412179 BUS TRANSPORTATION SERVICES 126107 6 7351032 99633 7351032 TUITION AND FEES 611710 31393070 31393070 SUMMER CAMP 713990 854347 854347 DAYCARE AND AFTER SCHO 624410 217115 217115 32464532 2068564 2068564 159364 0 159364 159364 159364 5213804 3500 3397955 4636 1815849 -1136 1814713 1814713 31445 23714 7731 7731 AUXILIARY PROGRAM SERV 611710 443940 443940 OTHER INCOME 900001 109825 109825 553765 44419701 32916203 0 4152466 4673020 4673020 1067120 168094 705592 193434 16047233 12860412 2689739 497082 721291 533361 159858 28072 4886172 3699767 1001716 184689 1210254 919793 242051 48410 95267 95267 61337 61337 47718 47718 163547 163547 1233003 186269 1028029 18705 74978 4058 46640 24280 571826 337008 156460 78358 225148 54026 171122 843190 583052 260138 27141 13586 11723 1832 5274 5274 634 634 2661555 2262322 399233 233686 198633 35053 DUES, MEMBERSHIPS & SUB 346464 282666 51030 12768 STUDENT SERVICES AND AC 336619 336619 0 0 ACADEMICS 288250 288250 0 0 TRANSPORTATION 223925 223925 0 0 1132418 483416 517188 131814 37177070 28108911 7800997 1267162 1337670 2229154 4532108 5551416 1656027 3805134 22085026 24741746 8000 33333 55626 78216 559078 517647 76203369 32439437 44702895 43763932 50888428 45192584 7016180 8014161 132841038 133927323 2119936 2909013 23673295 26529661 59378 51311 491500 567500 26344109 30057485 X 61544684 59101260 44952245 44768578 106496929 103869838 132841038 133927323 7242631 -9869722 0 X X 0 1 X 1 0 X 3292578 1707401 1653867 6296700 7351032 20301578 3292578 1707401 1653867 6296700 7351032 20301578 8793943 11507635 929691 1160415 1104882 1860757 2227928 7283673 24100 146389 105250 149600 109825 535164 28120415 157305844 0.40920 0.46350 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2017 AMOUNT: $ 24,100. 2018 AMOUNT: $ 146,389. 2019 AMOUNT: $ 105,250. 2020 AMOUNT: $ 149,600. 2021 AMOUNT: $ 109,825. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 59378 8067 51311 1 X 57360026 5196141 -6160059 1233137 671523 54491448 43829068 4915744 13980646 1000000 4365432 57360026 42829200 160831 2389519 1107290 443190 43829070 42124767 125564 2039520 956418 504233 42829200 36879331 2974292 3582535 894642 416749 42124767 0.21700 0.49600 0.28700 0 0 496702 496702 70554121 28849077 41705044 3821770 3590360 231410 1330776 1330776 43763932 ALTERNATIVE ASSETS 8014161 F 8014161 ENROLLMENT DEPOSITS 567500 567500 X 29738262 -9869722 24850 -9844872 39583134 163547 4673020 4836567 44419701 32365353 24850 24850 32340503 163547 4673020 4836567 37177070 PART IV, LINE 2B: STUDENT RAISED FUNDS ARE HELD BY THE SCHOOL. PART V, LINE 4: ENDOWMENT FUNDS INTENDED PURPOSES ARE: GENERAL OPERATIONS, LIBRARY, FACULTY SALARY, MISCELLANEOUS SUPPORT OF SCHOOL ACTIVITIES, PROFESSIONAL DEVELOPMENT, BREAKTHROUGH PROVIDENCE, AND FINANCIAL AID. PART X, LINE 2: THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2022 OR 2021. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2019 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES - BOOKSTORE 23,714. LOSS ON DISPOSAL OF ASSETS 1,136. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,673,020. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES - BOOKSTORE 23,714. LOSS ON DISPOSAL OF ASSETS 1,136. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,673,020. 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 POLICY IS DESCRIBED ON THE SCHOOL'S WEBSITE, IN THE PARENT DIRECTORY, ON EVERY APPLICATION FOR ADMISSIONS, IN EVERY ISSUE OF THE SCHOOL'S COMMUNITY MAGAZINE, ON THE OPEN HOUSE FLYERS, AND ON EVERY JOB POSTING. X X X X 0 LAURA A SOLLA 173 WASHINGTON STREET FREEPORT PA 16229 PROSPECT RESEARCH & DEVELOPMENT STRATEGIES 0 0 0 7868 CAPITAL CAMPAIGN TOOLKIT PO BOX 686 WESTFIELD NJ 07090 CAMPAIGN PLANNING CONSULTING 0 0 0 39850 47718 MA RI 1 FINANCIAL ASSISTANCE 214 4611239 FAIR MARKET VALUE FINANCIAL AID GRANTED TO STUDENTS WHO HAVE DEMONSTRATED NEED VIA THE COMPLETION OF A FINANCIAL AID APPLICATION AND SUBMISSION OF SUPPORTING DOCUMENTS. EDUCATIONAL FEES AND BOOKS 87 61781 FAIR MARKET VALUE FINANCIAL SUPPORT TOWARDS FEES, BOOKS, TECHNOLOGY AND CLASSROOM MATERIALS GRANTED TO THOSE STUDENTS WHO HAVE DEMONSTATED NEED OF AT LEAST 60%. PART I, LINE 2: THE TUITION, BOOKS, EDUCATIONAL FEES AND RECREATION ARE ALL USED DIRECTLY AT THE SCHOOL. THE ACCOUNTING SYSTEM MAINTAINS THE FINANCIAL RECORDS BY STUDENT TO ENSURE THE GRANTS ARE USED BY THE APPROPRIATE STUDENT. THE TUITION, ETC. IS NONREFUNDABLE. THEREFORE, ANY UNUSED GRANT WOULD REMAIN WITHIN THE SCHOOL. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ALLISON GAINES PELL HEAD OF SCHOOL 491706 0 0 0 0 0 26750 0 99679 0 618135 0 0 0 GARY ESPOSITO DIRECTOR OF OPERATIONS 245857 0 0 0 0 0 6210 0 30218 0 282285 0 0 0 KATHLEEN WILSON ASSISTANT TREASURER/CFO 190849 0 0 0 0 0 5063 0 29116 0 225028 0 0 0 RACHEL SPAULDING DIRECTOR OF ADVANCEMENT 195884 0 0 0 0 0 5150 0 13620 0 214654 0 0 0 YOUNG UN DIRECTOR OF STRATEGIC INNOVATION 154909 0 0 0 0 0 4424 0 38215 0 197548 0 0 0 ANNA CURTIS DIRECTOR OF ENROLLMENT MANAGEMENT 142754 0 0 0 0 0 3991 0 35821 0 182566 0 0 0 JEANETTE EPSTEIN DIRECTOR OF THE HAMILTON INSTITUTE 137653 0 0 0 0 0 3894 0 30948 0 172495 0 0 0 NEELTJE HENNEMAN HEAD OF UPPER SCHOOL 151303 0 0 0 0 0 3894 0 12579 0 167776 0 0 0 PART I, LINE 1A HEAD OF SCHOOL ALLISON GAINES PELL, AS A CONDITION OF EMPLOYMENT IN ORDER TO PROPERLY DISCHARGE HER RESPONSIBILITIES, AND FOR THE CONVENIENCE OF THE SCHOOL, IS REQUIRED TO MAINTAIN HER RESIDENCE IN A LOCAL HOME WHICH IS CONTIGUOUS TO CAMPUS AND IS OWNED BY THE SCHOOL. BOARD MEMBERS TRUSTEE 149090 FINANCIAL AID X 9 99633 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WITH CONTRIBUTOR NAMES AND ADDRESSES OMITTED ON SCHEDULE B, IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. ADDITIONALLY, THE FORM IS PRESENTED BY OUR AUDITORS TO THE EXECUTIVE/FINANCE COMMITTEE OF THE BOARD OF TRUSTEES WHO SUBSEQUENTLY APPROVES THE FORM 990 AND COMMUNICATES TO THE ENTIRE BOARD OF TRUSTEES THAT THEY APPROVED THE FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY ALONG WITH ALL BOARD POLICIES ARE DISTRIBUTED AND EXPLAINED TO ALL NEW BOARD MEMBERS AT THE ANNUAL BOARD OF TRUSTEES ORIENTATION. THE DOCUMENTATION INCLUDES A DETAIL EXPLANATION OF THE POLICY AND ACTIONS TO BE TAKEN IF A CONFLICT SHOULD ARISE. FORM 990, PART VI, SECTION B, LINE 15 DURING THE FISCAL YEAR 2016/2017 THE SCHOOL CONDUCTED A NATIONAL SEARCH FOR THE NEXT HEAD OF SCHOOL. A SEARCH COMMITTEE, INCLUDING SEVERAL BOARD MEMBERS, WAS ORGANIZED AND A RECRUITING FIRM SPECIALIZING IN CONDUCTING SEARCHES FOR SCHOOL HEADS WAS HIRED. THE SEARCH PROCESS CONDUCTED BY THE RECRUITING FIRM INCLUDED A COMPILATION OF COMPARABLE COMPENSATION DATA FOR THE HEAD OF SCHOOL POSITION. A FORMAL COMPENSATION PACKAGE WAS PREPARED AND OFFERED TO THE TOP CANDIDATE WHO ACCEPTED THE OFFER. THE NEW HEAD OF SCHOOL ACCEPTED A 3 YEAR AGREEMENT. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES EXTENDED THE ORIGINAL AGREEMENT AND PROCEEDED WITH AN IN DEPTH ANALYSIS WITH AN INDEPENDENT CONSULTANT TO ANALYZE NATIONWIDE COMPARATIVE DATA FOR HEAD OF SCHOOL COMPENSATION PACKAGES. A NEW 5 YEAR AGREEMENT WAS FINALIZED FOR THE 2021/2022 FISCAL YEAR. THE HEAD OF SCHOOL IS AUTHORIZED BY THE BOARD OF TRUSTEES TO SET COMPENSATION LEVELS FOR ALL OTHER EMPLOYEES. THE SALARY "POOL" FOR EMPLOYEE COMPENSATION IS APPROVED BY THE BOARD ANNUALLY AS PART OF THE ANNUAL OPERATING BUDGET APPROVAL PROCESS. THE ACTUAL COMPENSATION LEVEL ASSIGNED TO EACH EMPLOYEE IS BASED ON BENCHMARK STATISTICS OBTAINED ANNUALLY FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND INDEX BENCHMARK DATA ON SIMILARLY SIZED SCHOOLS. THERE WAS A 3.25% TO THE SALARY POOL IN THE 2021/2022 FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.