2020-11-13T11:58:44-06:00 2020-06-30 020476856 TYLER SIMMS & ST SAUVEUR CPAS PC 19 MORGAN DRIVE LEBANON NH 03766 990 2019-07-01 020223634 THE NEW HAMPTON SCHOOL NEWH 6036773400 70 MAIN STREET NEW HAMPTON NH 03256 JILL DUNCAN CHIEF FINANCIAL OFFICER 6036773400 2020-11-12 1 W JAY SIMMS P00435321 6036530044 2020-11-12 216.107.201.226 2020-11-12 16:33:16 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7E797A795B2BB7BC55F5A79F99305C6DABDD9FB5 2019 2021-01-29 14:40:06Z JOSEPH WILLIAMS 70 MAIN STREET NEW HAMPTON NH 03256 30248759 0 X WWW.NEWHAMPTON.ORG X 1821 NH PROMOTE LITERATURE, SCIENCE & USEFUL ARTS EDUCATION TO STUDENTS IN GRADES 9 THROUGH PG 28 28 247 0 0 0 2475234 1810103 20300497 20248495 827056 603097 -23862 -44141 23578925 22617554 4793080 5917756 0 0 8359427 9229365 0 0 1571330 8763742 7642310 21916249 22789431 1662676 -171877 84387598 94331924 26873982 33450361 57513616 60881563 NEW HAMPTON SCHOOL CULTIVATES LIFELONG LEARNERS WHO WILL SERVE AS ACTIVE GLOBAL CITIZENS. NEW HAMPTON SCHOOL PROMOTES LITERATURE, SCIENCE & USEFUL ARTS EDUCATION TO STUDENTS IN GRADES 9 THROUGH PG 0 0 17972283 5917756 20248495 A HIGH-QUALITY, FOUR-YEAR CO-EDUCATIONAL SECONDARY LEVEL OF EDUCATION FOR RESIDENTIAL AND DAY STUDENTS, CURRENTLY SERVING A STUDENT BODY OF APPROXIMATELY 330. 17972283 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 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 65 0 1 247 1 0 0 0 0 0 1 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X JILL DUNCAN 6036773411 70 MAIN STREET NEW HAMPTON NH 03256 VICTORIA BLODGETT CHAIR, GOVERNANCE COMMITTE 1.00 X 0 0 0 JASON M PILALAS TRUSTEE 1.00 X 0 0 0 BOB D KENNEDY TRUSTEE 1.00 X 0 0 0 MONA C ADAMS TRUSTEE 1.00 X 0 0 0 ERIC R BUCK TRUSTEE 1.00 X 0 0 0 MIKE F COYNE TRUSTEE 1.00 X 0 0 0 VERONICA M KENT TRUSTEE 1.00 X 0 0 0 LORNA MENDELSON TRUSTEE 1.00 X 0 0 0 STEPHEN PERRY CO-CHAIR, ADVANCEMENT COMM 1.00 X 0 0 0 CLARE ROTHSCHILD TRUSTEE 1.00 X 0 0 0 CHRISTINE MIYACHI TRUSTEE 1.00 X 0 0 0 BILL VAN INGEN TRUSTEE 1.00 X 0 0 0 JUN YAO TRUSTEE 1.00 X 0 0 0 RICK M PEYSER III TRUSTEE 1.00 X 0 0 0 EARL LEWIS TRUSTEE 1.00 X 0 0 0 CLARE MARTIN TRUSTEE 1.00 X 0 0 0 JEFFREY GLIDDEN TRUSTEE 1.00 X 0 0 0 BRAD WINER TRUSTEE 1.00 X 0 0 0 DEAN JACOBSON TRUSTEE 1.00 X 0 0 0 JOE ARDAGNA TRUSTEE 1.00 X 0 0 0 RODNEY AMES JR CO-CHAIR, ADVANCEMENT COMM 1.00 X 0 0 0 PETER GALLETLY TRUSTEE 1.00 X 0 0 0 ALICIA BURROWS CHAIR, PROGRAM COMMITTEE 1.00 X 0 0 0 ROBINSON MOORE TRUSTEE 1.00 X 0 0 0 KARL KIMBALL CHAIRMAN 1.00 X X 0 0 0 ALFORD DEMPSEY JR SECRETARY 1.00 X X 0 0 0 STEVEN DELANEY TREASURER 1.00 X X 0 0 0 JILL DUNCAN CHIEF FINANCIAL OFFICER 40.00 X 158232 0 16754 JOSEPH WILLIAMS HEAD OF SCHOOL 40.00 X 284796 0 97033 SARAH DEBENEDICTIS DIRECTOR OF ADVANCEMENT 40.00 X 125271 0 48395 WILLIAM MCCULLOUGH DIRECTOR OF ENROLLMENT 40.00 X 102974 0 49902 671273 0 212084 4 0 1 0 SAGE DINING SERVICE INC 1402 YORK ROAD LUTHERVILLE MD 21093 DINING SERVICE 774505 CONNESTON CONSTRUCTION INC PO BOX 7546 GILFORD NH 03247 BUILDING, RENOVATING 201645 ALL WAYS GREEN LANDSCAPE INC PO BOX 125 HILL NH 03243 LANDSCAPING 153035 US FOODSERVICE INC PO BOX 3155 BOSTON MA 022413155 FOODSERVICE DISTRIBUTOR 147094 COMMUNITY COUNSELING SERVICE CO LLC PO BOX 824885 PHILADELPHIA PA 191824885 COUNSULTING 138562 5 52380 1757723 1810103 TUITION & FEE REVENUE 611710 19833619 19833619 PROGRAM SUPPORTING REV 611710 257089 257089 SUMMER PROGRAM REVENUE 611710 89862 89862 OTHER OPERATING REVENU 611710 67925 67925 20248495 482073 482073 7577222 7456198 121024 121024 121024 16250 52380 32855 -16605 -16605 129111 142152 -13041 -13041 GAIN ON INVOLUNTARY DI 611600 234375 234375 LOSS ON EXTINGUISHMENT 611600 -248870 -248870 -14495 22617554 20248495 0 558956 5917756 5917756 531641 531641 7234564 5116925 1313702 803937 345284 248051 58261 38972 553415 389345 102899 61171 564461 374855 130711 58895 99616 99616 1013 1013 689463 584969 104494 188642 39617 149025 110750 110750 285051 244336 29082 11633 1019987 896128 113723 10136 176741 97660 79081 26467 26467 364364 320118 40625 3621 2503743 2199708 279155 24880 239387 210318 26690 2379 PHYSICAL PLANT 619231 544036 69042 6153 INSTRUCTIONAL 508789 478444 30345 OTHER EXPENSES 362785 41338 321447 ATHLETICS 239839 239839 206442 206442 22789431 17972283 3245818 1571330 4928384 3975695 640407 473150 9068520 9125098 41651 62467 411662 199029 70102109 29533536 38793099 40568573 30140143 39490441 363732 437471 84387598 94331924 1084674 1058038 15239907 13906998 9945630 16581731 296082 1903594 307689 0 26873982 33450361 X 41163650 42251918 16349966 18629645 57513616 60881563 84387598 94331924 X -171877 1725559 -225835 2040100 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 24081120 834044 1866513 798359 25983318 20645225 1240001 2916194 720300 24081120 18439044 669282 2232722 695823 20645225 16213271 401456 2451513 627196 18439044 16036594 541247 176739 541309 16213271 0.32720 0.42160 0.25120 0 0 545019 545019 43537086 15038679 28498407 17249372 9176955 8072417 6695774 5317902 1377872 2074858 2074858 40568573 X 20639451 1725559 -3877656 -2152097 22791548 1013 -175007 -173994 22617554 17271504 400842 400842 16870662 1013 5917756 5918769 22789431 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE SPENDING POLICY OF LONG-TERM INVESTMENT RETURNS. THE ANNUAL CALCULATED AMOUNT IS USED TO SUPPLEMENT THE FISCAL OPERATIONS OF THE ORGANIZATION. PART X, LINE 2: THE SCHOOL HAS ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION SUBTOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. SUBTOPIC 740-10 ADDRESSES THE ACCOUNTING UNCERTAINTY OF INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE-LIKELY-THAN-NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE SCHOOL HAS DETERMINED THAT THE PROVISIONS OF SUBTOPIC 740-10 DO NOT HAVE A MATERIAL EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -5,917,756. ACQUISITION OF GORDON NASH LIBRARY 2,040,100. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -142,152. FUNDRAISING EXPENSES -32,855. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 142,152. FUNDRAISING EXPENSES 32,855. INSURANCE PREMIUMS 225,835. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,917,756. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 COMMUNICATION WITH NEW STUDENTS REGARDING NONDISCRIMINATORY POLICY. THIS INFORMATION IS ALSO INCLUDED IN PROMOTIONAL & ADMISSION MATERIAL AND THROUGH NEWSPAPER ADVERTISEMENTS. GOLF TOURNAMENT 68630 52380 16250 0 1352 23200 6749 0 1554 68630 52380 16250 1352 23200 6749 1554 32855 -16605 1 FINANCIAL AID 167 4967190 BOOK FINANCIAL AID SCHEDULE I, LINE 2 THE ORGANIZATION IMMEDIATELY APPLIES THE NEED-BASED GRANT AWARD TO THE TUITION BALANCE. THE NAMES AND ADDRESSES OF THE RECIPIENTS ARE AVAILABLE AT THE NEW HAMPTON SCHOOL. X 1 1 X X X 0 0 0 0 0 0 0 0 0 JILL DUNCAN CHIEF FINANCIAL OFFICER 158232 0 0 0 0 0 10036 0 6718 0 174986 0 0 0 JOSEPH WILLIAMS HEAD OF SCHOOL 284796 0 0 0 0 0 17550 0 79483 0 381829 0 0 0 SARAH DEBENEDICTIS DIRECTOR OF ADVANCEMENT 125271 0 0 0 0 0 7979 0 40416 0 173666 0 0 0 WILLIAM MCCULLOUGH DIRECTOR OF ENROLLMENT 102974 0 0 0 0 0 6755 0 43147 0 152876 0 0 0 PART I, LINE 1A A CAMPUS RESIDENCE, OWNED BY NEW HAMPTON SCHOOL, WAS PROVIDED FOR PERSONAL USE AS A CONDITION OF EMPLOYMENT TO THE HEAD OF SCHOOL. A NHHEFA 020279866 2019-12-13 17000000 REFINANCE AND CAPITAL PROJECTS 0 0 0 A 17000000 273346 912283 10382402 5431969 2020 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 1 0 0 0 1 X 12 126845 FMV 0 1 1 PART I, LINE 32B: WHEN DONORS TRANSFER STOCK INTO THE NEW HAMPTON SCHOOL UBS ACCOUNT, IT IS SOLD IMMEDIATELY. UBS FINANCIAL SERVICES, INC. 1 STATE STREET SUITE 1600 HARTFORD, CT 06103-3102 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S 990 FORM, PRIOR TO FILING, IS MADE AVAILABLE VIA THE ELECTRONIC PORTAL(WITH ADDITIONAL COPIES AVAILABLE TO ALL TRUSTEES). FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER, AND COMMITTEE MEMBER, UPON ENTERING THE DUTIES OF THEIR OFFICE AND ANNUALLY THEREAFTER, WILL BE ADVISED OF THIS POLICY AND SHALL SIGN A STATEMENT ACKNOWLEDGING UNDERSTANDING OF AND AGREEMENT TO THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S KEY EMPLOYEE INCLUDES THE USE OF PEER EDUCATIONAL INSTITUTIONS SALARY SURVEY INFORMATION, CONSULTATION WITH A LABOR MATTERS LEGAL FIRM WHEN NECESSARY, AND THE PREPARATION OF A THREE-YEAR EMPLOYMENT CONTRACT THAT IS REVIEWED BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS. THE COMPENSATION TASK FORCE REVIEWS ALL SALARY DATA NOTED ABOVE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, & FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INTEREST RATE SWAP ADJUSTMENT ASSETS ACQUIRED IN MERGER OF GORDON NASH LIBRARY 2,040,100. PART XIII, LINE 2C THE AUDIT COMMITTEE ENGAGES THE AUDIT FIRM AND MEETS WITH THE FIRM PRE AND POST AUDIT. THE FINANCIAL STATEMENTS AND FINDINGS ARE PRESENTED TO THE COMMITTEE AND THE AUDITOR IS AVAILABLE FOR QUESTIONS. THE COMMITTEE THEN VOTES TO ACCEPT THE FINANCIAL STATEMENTS AND RECOMMEND THAT THE BOARD ACCEPT THE AUDITED FINANCIAL STATEMENTS.