2021-11-03T07:58:06-05:00 2021-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2020-07-01 050259101 THE WHEELER SCHOOL WHEE 4014218100 216 HOPE STREET PROVIDENCE RI 029062246 KATHLEEN WILSON CHIEF FINANCIAL OFFICER 4014218100 2021-11-01 1 KATHLEEN WILSON 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 9592007000 2021-11-01 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ALLISON GAINES PELL 216 HOPE STREET PROVIDENCE RI 029062246 43856124 0 X WWW.WHEELERSCHOOL.ORG X 1889 RI THE WHEELER SCHOOL IS A CO-ED INDEPENDENT DAY SCHOOL FOR NURSERY THROUGH 12TH GRADE STUDENTS. 26 26 484 152 0 0 1653867 6296700 31362705 30834014 1376220 6381066 668693 298843 35061485 43810623 4430283 4706295 0 0 22860501 22037965 49462 20400 1097424 7487664 7182027 34827910 33946687 233575 9863936 116212230 132841038 27305267 26344109 88906963 106496929 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 25908984 4706295 30783491 PROVIDING EDUCATIONAL SERVICES TO STUDENTS ATTENDING NURSERY THROUGH 12TH GRADE. THE SCHOOL ENROLLED 768 STUDENTS FOR THE YEAR OF WHICH 87 STUDENTS GRADUATED FROM THE CLASS OF 2021 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. 40546 1822 WHEELER SUMMER CAMP AND PROGRAMS PROVIDES, 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. 2020 SUMMER CAMP/PROGRAMS WERE LIMITED TO VIRTUAL/ONLINE PROGRAMMING DUE TO THE CORONAVIRUS PANDEMIC. THE SCHOOL RAN A SMALL ENRICHMENT PROGRAM THAT ENROLLED 13 CHILDREN. A VIRTUAL SUMMER PROGRAM (S-TERM) FOR THE WHEELER SCHOOL COMMUNITY (NURSERY THROUGH 12TH GRADE) WAS ALSO OFFERED. THE S-TERM PROGRAM HAD APPROXIMATELY 400 STUDENTS PARTICIPATING. WHEELER SUMMER CAMP AND PROGRAMS PROVIDE NON-TUITION REVENUE TO SUPPORT ANNUAL OPERATIONS. 155014 171079 DAYCARE AND AFTER SCHOOL PROGRAMS SERVICE WHEELER STUDENTS IN NURSERY THROUGH GRADE 5. OPTIONS FOR OUR NURSERY AND PRE-K STUDENTS ARE AVAILABLE EVERY SCHOOL DAY FROM 11:30AM TO 3:00PM AND FROM THE END OF THE SCHOOL DAY (3PM) UNTIL 5:30PM. APPROXIMATELY 60 STUDENTS WERE ENROLLED PER DAY IN AGE-APPROPRIATE ACTIVITIES. 26104544 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 0 0 0 0 1 0 0 0 0 0 0 0 0 1 43 0 1 484 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 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 KONIQUE BALLAH BOARD MEMBER 2.00 X 0 0 0 DANIEL BECKER BOARD MEMBER 2.00 X 0 0 0 JENNIFER COOKE BOARD MEMBER 2.00 X 0 0 0 STUART FELDMAN BOARD MEMBER 2.00 X 0 0 0 ANNE MARIE FINK 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 JAMES KASE VICE PRESIDENT 2.00 X X 0 0 0 VANESSA KREX WARD BOARD MEMBER 2.00 X 0 0 0 CARLA PETROCELLI BOARD MEMBER 2.00 X 0 0 0 PETER PIZZARELLO BOARD MEMBER 2.00 X 0 0 0 SHANKAR PRASAD BOARD MEMBER 2.00 X 0 0 0 GLENN PRESCOD BOARD MEMBER 2.00 X 0 0 0 WILLIAM C PRESCOTT JR BOARD MEMBER 2.00 X 0 0 0 JUDITH REMONDI BOARD MEMBER 2.00 X 0 0 0 STEPHEN ROSA BOARD MEMBER 2.00 X 0 0 0 KENNETH SHIMBERG BOARD MEMBER 2.00 X 0 0 0 RUSSELL SHIPPEE BOARD MEMBER 2.00 X 0 0 0 SANDRA SMITH BOARD MEMBER 2.00 X 0 0 0 REBECCA SPENCER BOARD MEMBER 2.00 X 0 0 0 ALISIA ST FLORIAN PRESIDENT 2.00 X X 0 0 0 ABBOT STRANAHAN SECRETARY 5.00 X X 0 0 0 METE TUNCA BOARD MEMBER 2.00 X 0 0 0 KENNETH VOLPE TREASURER 2.00 X X 0 0 0 ANNA WERT BOARD MEMBER 2.00 X 0 0 0 ALLISON GAINES PELL HEAD OF SCHOOL 50.00 X 429199 0 109079 KATHLEEN WILSON ASSISTANT TREASURER/CHIEF FINANCIAL OFFICER 50.00 X 181466 0 33722 LAURIE FLYNN ASSISTANT SECRETARY/DIR. COMMUNICATIONS 50.00 X 112887 0 16183 GARY ESPOSITO DIRECTOR OF OPERATIONS 50.00 X 246579 0 37243 YOUNG UN HEAD OF STRATEGIC INNOVATION 50.00 X 153771 0 42323 NEELTJE HENNEMAN HEAD OF UPPER SCHOOL 50.00 X 150350 0 17111 RACHEL SPAULDING HEAD OF ADVANCEMENT 50.00 X 193164 0 20053 ANNA CURTIS DIRECTOR OF ENROLLMENT 50.00 X 141249 0 39077 JON GREEN HEAD OF HAMILTON SCHOOL 50.00 X 144100 0 25719 1752765 0 340510 21 0 1 0 SITE SPECIFIC LLC 141 GANO STREET PROVIDENCE RI 02906 BUILDING CONSTRUCTION/RENOVATION 1367691 TRIUMPH MODULAR INC 194 AYER ROAD LITTLETON MA 01460 BUILDING MODULAR STRUCTURES 376571 PHALANX ENGINEERING INC 110A BYFIELD ST WARWICK RI 02888 MECHANICAL CONTRACTING SERVICES 261638 SAGE DINING SERVICES 1402 YORK RD STE 100 LUTHERVILLE MD 210936018 CAFETERIA & SPECIAL EVENTS CATERING 228310 NUVU LLC 450 MASSACHUSETTS AVE CAMBRIDGE MA 02139 EDUCATIONAL INNOVATION & DESIGN PROGRAM 156654 7 3765800 2530900 105958 6296700 TUITION AND FEES 611710 30661113 30661113 DAYCARE AND AFTER SCHOOL PROGRAMS 624410 171079 171079 SUMMER CAMP 713990 1822 1822 30834014 1833892 1833892 26865 0 26865 26865 26865 4547174 0 4547174 4547174 4547174 38606 45501 -6895 -6895 OTHER INCOME 900099 149600 149600 AUXILIARY PROGRAM SERVICES 611710 129273 129273 278873 43810623 30956392 0 6557531 4706295 4706295 1071567 29444 890493 151630 14959200 12253684 2156917 548599 4837995 3733773 918773 185449 1169203 892263 231015 45925 144214 144214 71578 71578 20400 20400 112857 112857 655496 65815 572212 17469 53011 3415 49234 362 476871 252736 176885 47250 259036 49284 209752 558148 479678 78470 8642 2496 6004 142 9705 9705 7080 7080 2686639 2283643 402996 272685 231782 40903 DUES, MEMBERSHIPS & SUB 302930 236901 59684 6345 ACADEMICS 235878 235878 STUDENT SERVICES AND AC 192535 192535 OUTSIDE REPAIRS AND MAI 174040 4016 170024 960682 443826 443003 73853 33946687 26104544 6744719 1097424 2067334 1337670 789508 4532108 1019714 1656027 21631636 22085026 10000 8000 70302 55626 327168 559078 74723341 30020446 44940151 44702895 42197964 50888428 3158453 7016180 116212230 132841038 313674 2119936 26163465 23673295 318472 51656 59378 458000 491500 27305267 26344109 X 54652655 61544684 34254308 44952245 88906963 106496929 116212230 132841038 9863936 7726031 0 X X 0 1 X 1 0 X 2294761 3292578 1707401 1653867 6296700 15245307 2294761 3292578 1707401 1653867 6296700 15245307 5310575 9934732 647798 929691 1160415 1104882 1860757 5703543 60490 24100 146389 105250 149600 485829 21434679 154291594 0.46350 0.53050 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2016 AMOUNT: $ 60,490. 2017 AMOUNT: $ 24,100. 2018 AMOUNT: $ 146,389. 2019 AMOUNT: $ 105,250. 2020 AMOUNT: $ 149,600. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 43829068 4915744 13980646 1000000 4365432 57360026 42829200 160831 2389519 1107290 443190 43829070 42124767 125564 2039520 956418 504233 42829200 36879331 2974292 3582535 894642 416749 42124767 31451343 1793811 4840792 1206615 36879331 0.23600 0.39000 0.37400 0 0 496702 496702 70624588 27461836 43162752 3592319 2558610 1033709 9732 9732 44702895 ALTERNATIVE ASSETS 7016180 F 7016180 ENROLLMENT DEPOSITS 491500 491500 X 46763003 7726031 -4706295 3019736 43743267 112857 -45501 67356 43810623 29173037 45501 45501 29127536 112857 4706295 4819152 33946688 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, 2021 OR 2020. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2018 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: FINANCIAL AID -4,706,295. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES - BOOKSTORE -45,501. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES - BOOKSTORE 45,501. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,706,295. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 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 GRAHAM PELTON 39 BEECHWOOD ROAD SUMMIT NJ 07901 PROSPECT ASSESSMENT AND TIERING 0 0 0 8000 GRAHAM PELTON 39 BEECHWOOD ROAD SUMMIT NJ 07901 DEVELOPMENT COACHING AND PRE-CAMPAIGN CONSULTING 0 0 0 7000 ALICIA REED 102 HOPEWELL ROCKY HILL ROAD HOPEWELL NJ 08525 ALUMNI INSIGHT SURVEY DEVELOPMENT 0 0 0 1500 CAPITAL CAMPAIGN TOOLKIT PO BOX 686 WESTFIELD NJ 07090 CAMPAIGN PLANNING CONSULTING 0 0 0 3900 20400 MA RI 1 FINANCIAL AID 225 4651325 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. IN 2020/2021 ADDITIONAL AID WAS GRANTED AS "COVID RELIEF FUNDS" TO THOSE FAMILIES WHO WERE MOST SIGNIFICANTLY IMPACTED BY THE PANDEMIC AND AS A RESULT SUFFERED SIGNIFICANT FINANCIAL HARDSHIP. EDUCATIONAL FEES AND BOOKS 84 54970 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 X 0 0 0 0 0 0 0 0 1 0 ALLISON GAINES PELL HEAD OF SCHOOL 429199 0 0 0 0 0 12691 0 96388 0 538278 0 0 0 GARY ESPOSITO DIRECTOR OF OPERATIONS 246579 0 0 0 0 0 8694 0 28549 0 283822 0 0 0 KATHLEEN WILSON ASSISTANT TREASURER/CHIEF FINANCIAL 181466 0 0 0 0 0 6373 0 27349 0 215188 0 0 0 RACHEL SPAULDING HEAD OF ADVANCEMENT 193164 0 0 0 0 0 6880 0 13173 0 213217 0 0 0 YOUNG UN HEAD OF STRATEGIC INNOVATION 153771 0 0 0 0 0 6013 0 36310 0 196094 0 0 0 ANNA CURTIS DIRECTOR OF ENROLLMENT 141249 0 0 0 0 0 5425 0 33652 0 180326 0 0 0 JON GREEN HEAD OF HAMILTON SCHOOL 144100 0 0 0 0 0 5292 0 20427 0 169819 0 0 0 NEELTJE HENNEMAN HEAD OF UPPER SCHOOL 150350 0 0 0 0 0 5292 0 11819 0 167461 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. PART I, LINE 8 EFFECTIVE JULY 1, 2017, ALLISON GAINES PELL ENTERED INTO AN EMPLOYMENT AGREEMENT WITH THE SCHOOL TO SERVE AS ITS HEAD OF SCHOOL. X 2 105958 FAIR MARKET VALUE 0 1 0 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 WITH THE GOAL OF A NEW AGREEMENT BEING 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 NO INCREASE TO THE SALARY POOL IN THE 2020/2021 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.