2019-03-15T11:52:32-05:00 2018-06-30 050487888 BATCHELOR FRECHETTE MCCRORY MICHAEL & CO PO BOX 156 PROVIDENCE RI 029010156 990 2017-07-01 050277258 ROCKY HILL SCHOOL INC ROCK 4018849070 530 IVES ROAD EAST GREENWICH RI 02818 DONALD D MCCAUGHEY PRESIDENT 4018849070 2019-01-15 1 EDWARD F MCCRORY CPA P01469593 4016216200 98.191.59.165 2019-01-15 15:23:23 ES P 328F40597EEBE230B52F969225847EA22A903FB2 7542384CA6D051995930FFCEFF46AC7EC53F5C42 2017 2019-02-21 02:37:17Z DONALD D MCCAUGHEY 530 IVES ROAD EAST GREENWICH RI 02818 12698518 0 X WWW.ROCKYHILL.ORG X 1934 RI ROCKY HILL SCHOOL, INC. IS A CO-EDUCATIONAL COLLEGE PREPARATORY SCHOOL PROVIDING EDUCATION TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12. 12 12 136 87 2500 -3118 665052 487860 9540286 11152185 72630 64821 11202 42091 10289170 11746957 2825380 3501250 0 0 5718306 6300709 0 0 561158 2331256 2404230 10874942 12206189 -585772 -459232 8578741 7868722 5917720 5633778 2661021 2234944 X THE MISSION OF ROCKY HILL SCHOOL IS TO EDUCATE THE WHOLE CHILD - MIND, BODY, AND SPIRIT. AS A NURTURING SCHOOL COMMUNITY, WE ENCOURAGE OUR STUDENTS TO BECOME GOOD CITIZENS AND LIFE-LONG LEARNERS, GUIDING THEM AS THEY STRIVE FOR KNOWLEDGE AND SELF AWARENESS. 0 0 7337010 3501250 9502761 INSTRUCTIONAL SERVICES - PROGRAMS FOR STUDENTS IN NURSERY SCHOOL THROUGH GRADE TWELVE. 116527 284500 ENGLISH LANGUAGE LEARNING PROGRAM (ELL)- SINCE ROCKY HILL SCHOOL DOES NOT OFFER RESIDENTIAL HOUSING, THE INSTITUTION STILL PROVIDES INTERNATIONAL STUDENTS AN OPPORTUNITY TO ATTEND RHS FOR ONE OR MORE YEARS OR A DEGREE PROGRAM. THE STUDENTS ARE HOUSED WITH HOST FAMILIES, TYPICALLY MEMBERS OF THE ROCKY HILL SCHOOL COMMUNITY AND ALSO AT A RESIDENTIAL LIVING CENTER NOT OWNED BY THE SCHOOL. THE ELL PROGRAM PROVIDES THE INTERNATIONAL STUDENTS WITH ENGLISH LANGUAGE TUTORING AND OTHER NEEDED ACADEMIC SUPPORT. THE DEGREE STUDENTS MUST FULFILL THE SCHOOLS STANDARD ACADEMIC REQUIREMENTS, HOWEVER RIGOROUS, IN ORDER TO RECEIVE THEIR GRADUATION DIPLOMA. 99513 197269 ACADEMIC CENTER FOR ENRICHMENT (ACE)- THE PURPOSE OF THIS PROGRAM IS TO PROVIDE A SUPPORTIVE ENVIRONMENT IN ORDER TO HELP STUDENTS REACH THEIR FULL LEARNING POTENTIAL. THROUGH ENRICHMENT CLASSES, ACADEMIC SUPPORT, STUDY SKILLS, REMEDIAL TECHNIQUES, AND ACTIVE STUDENT PARTICIPATION, ACE STRIVES TO PRODUCE INDEPENDENT LEARNERS. 2118142 662258 ALL SCHOOL FACILITIES COSTS AND OTHER STUDENT SERVICES. 342002 357311 DINING FACILITIES 100026 148086 SUMMER ENRICHMENT ACADEMY (SEA)- THIS PROGRAM IS COMPRISED OF BOTH FULL AND HALF DAY PROGRAMS ALLOWING CHILDREN THE OPPORTUNITY TO CHOOSE A NUMBER OF EXCITING OFFERINGS AND GIVING FAMILIES THE FLEXIBILITY TO WORK AROUND BUSY SCHEDULES. 2560170 1167655 10113220 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 26 0 136 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MARK R BUCKLEY BUSINESS MANAGER 4018849070 530 IVES ROAD EAST GREENWICH RI 02818 DR JUSTINE JOHNSON SECRETARY 2.00 X X 0 0 0 DONALD D MCCAUGHEY PRESIDENT 2.00 X X 0 0 0 MONICA BOSS VICE PRESIDENT 2.00 X X 1800 0 0 STEPHEN G SOSCIA TREASURER 2.00 X X 0 0 0 MITCHELL R EDWARDS TRUSTEE 0.50 X 0 0 0 MARY GRANT TRUSTEE 0.50 X 0 0 0 EDWIN J SANTOS PAST PRESIDENT 0.50 X 0 0 0 DR ELIZABETH ALLEN TRUSTEE 1.50 X 0 0 0 ERICA GREGG TRUSTEE 1.50 X 0 0 0 ALEX MILLARD TRUSTEE 1.50 X 0 0 0 RICHARD G CLARK TRUSTEE 0.50 X 0 0 0 JULIE HAYES TRUSTEE (NON VOTING MEMBER 0.50 X 0 0 0 JOAN OSOWA TRUSTEE 1.50 X 0 0 0 LAUREN B KOBLICK TRUSTEE (NON VOTING MEMBER 0.50 X 0 0 0 MARK R BUCKLEY BUSINESS MANAGER 40.00 X 145634 0 14261 JAMES TRACY HEAD OF SCHOOL 40.00 X 259960 0 26952 DIANE RICH ASSISTANT HEAD OF SCHOOL FOR INTERNAL AFFAIRS 40.00 X 111983 0 7203 CATHERINE WASHBURN DIRECTOR OF ADMISSION & FINANCIAL ASSISTANCE 40.00 X 115850 0 11909 BETH DEGERLIA ASSISTANT HEAD OF SCHOOL FOR EXTERNAL AFFAIRS 40.00 X 100448 0 8819 735675 0 69144 5 0 1 0 FLIK PO BOX 417632 BOSTON MA 02241 CAFETERIA SERVICES 326165 RAINONE LANDSCAPING 349 WATERMAN AVENUE SMITHFIELD RI 02917 LANDSCAPING SERVICES 144976 2 59938 427922 54858 487860 TUITION 611710 9502761 9502761 OTHER PROGRAMS 611710 1019569 1017069 2500 ENGLISH AS SECOND LANGUAGE 611710 284500 284500 ACADEMIC CENTER FOR ENRICHMENT 611710 197269 197269 SUMMER ENRICHMENT 611710 148086 148086 11152185 49642 49642 905696 890517 15179 15179 15179 61167 59938 24936 36231 36231 41968 36108 5860 5860 11746957 11155545 2500 101052 3501250 3501250 433828 433828 4817774 3935924 460475 421375 207634 155863 42724 9047 470667 363980 71230 35457 370806 283568 56804 30434 72871 72871 23950 23950 12899 12899 170925 159112 11813 64850 64850 59439 19688 37321 2430 37383 33328 4055 379997 379997 169486 159548 8960 978 800 10 790 129684 129684 401292 401292 93462 93462 DINING FACILITY 324002 324002 MUSIC & DRAMA EXPENSE 36288 36288 SPECIAL EVENTS 35948 11898 24050 SUMMER PROGRAM 31524 31524 359430 231500 95388 32542 12206189 10113220 1531811 561158 376575 494301 5000 5000 41396 81992 13926 10227 84643 125764 12762687 6833331 6190828 5929356 827735 1165985 1003716 30147 34922 25950 8578741 7868722 577861 599367 1929726 1778223 3398107 3227018 12026 29170 5917720 5633778 X 866373 523487 556518 472395 1238130 1239062 2661021 2234944 8578741 7868722 X -459232 63320 -30165 X X 0 1 X 1 0 X 1831451 -745457 123037 12899 1196131 1687954 -27633 184534 13404 1831451 1508519 151100 39700 11365 1687954 1624724 2250 27849 146304 10647 1508519 1688428 2000 221093 275000 11797 1624724 0.00000 1.00000 0.00000 0 0 24551 24551 10285651 4860515 5425136 1474507 1194151 280356 977978 778665 199313 5929356 AGENCY FUNDS 29170 29170 X 8841303 63320 85980 149300 8692003 3054954 3054954 11746957 9267380 85980 85980 9181400 3024789 3024789 12206189 PART V, LINE 4: ROCKY HILL SCHOOLS ENDOWMENT CONSISTS OF 13 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF TRUSTEES OF THE SCHOOL HAS INTERPRETED THE UPMIFA AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE SCHOOL CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT AND THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE SCHOOL IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. THE SCHOOL CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: 1. THE DURATION AND PRESERVATION OF THE FUND 2. THE PURPOSES OF THE ORGANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND 3. GENERAL ECONOMIC CONDITIONS 4. THE POSSIBLE EFFECT OF INFLATION AND DEFLATION 5. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS 6. OTHER RESOURCES OF THE ORGANIZATION 7. THE INVESTMENT POLICIES OF THE ORGANIZATION PART X, LINE 2: THE SCHOOL RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH GAAP. UNDER THAT GUIDANCE, THE SCHOOL ASSESSES THE LIKELIHOOD, BASED UPON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 36,108. SPECIAL EVENTS EXPENSES 49,872. PART XI, LINE 4B - OTHER ADJUSTMENTS: FAIR MARKET VALUE OF ITEMS DONATED TO THE AUCTION 30,165. FINANCIAL AID 3,011,150. INVESTMENT MANAGEMENT FEES 12,899. LOSS ON DISPOSAL OF FIXED ASSETS 740. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD- BOOKSTORE 36,108. SPECIAL EVENT EXPENSES 49,872. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,011,150. INVESTMENT MANAGEMENT FEES 12,899. LOSS ON DISPOSAL OF FIXED ASSETS 740. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THIS POLICY IS STATED IN SCHOOL PUBLICATIONS, CATALOGS, AND IN ALL FORMS OF ADVERTISING, AS IS REQUIRED BY NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS STANDARDS. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES CONSULTING ARRANGEMENT FOR OVERVIEW, ASSESSMENT AND RECOMMENDATIONS FOR AN AMERICAN EDUCATION PROGRAM FROM GRADES 10-12 WHERE NIT STUDENTS RECEIVE A ROCKY HILL SCHOOL DIPLOMA AS WELL AS A NIT DIPLOMA. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GOLF TOURNAMENT 121105 59938 61167 18405 6531 121105 59938 61167 18405 6531 24936 36231 1 FINANCIAL AID FOR STUDENTS ATTENDING ROCKY HILL SCHOOL. 117 3011150 VALUE OF TUITION REDUCTION APPROVED BY THE FINANCIAL AID COMMITTEE. REDUCTION OF GROSS TUITION. PART I, LINE 2: FINANCIAL AID IS GIVEN TO STUDENTS BASED ON THE NEEDS OF THE STUDENT. THIS PROCESS IS MONITORED BY THE FINANCIAL AID COMMITTEE, CONSISTING OF THE BUSINESS MANAGER, HEAD OF SCHOOL AND THE DIRECTOR OF ADMISSIONS. EVERY STUDENT REQUESTING FINANCIAL AID IS REQUIRED TO SUBMIT THE NECESSARY FINANCIAL DATA AND FINANCIAL AID FORMS TO BE REVIEWED BY THE FINANCIAL AID COMMITTEE BEFORE ACCEPTANCE AND AWARD. ONCE FINANCIAL AID IS GRANTED, THE STUDENT IS BILLED FOR THE GROSS TUITION AND THE AMOUNT OF FINANCIAL AID AWARDED IS APPLIED TO THE APPROPRIATE ACCOUNT. THE STUDENT THEN REMITS THE NET AMOUNT OF THE TUITION DUE. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MARK R BUCKLEY BUSINESS MANAGER 144201 0 0 0 1433 0 0 0 14261 0 159895 0 0 0 JAMES TRACY HEAD OF SCHOOL 259702 0 0 0 258 0 0 0 26952 0 286912 0 0 0 PART I, LINE 1A ROCKY HILL SCHOOL PROVIDES THE HEAD OF SCHOOL WITH A PERSONAL RESIDENCE AND HOUSE CLEANING SERVICE FOR THE RESIDENCE. USE OF THE PERSONAL RESIDENCE ON SCHOOL PROPERTY ALLOWS THE HEAD OF SCHOOL TO BE AVAILABLE AT VARIOUS TIMES OF DAY, NIGHT, AND WEEKENDS FOR SCHOOL ACTIVITIES, TO MEET WITH CURRENT AND PROSPECTIVE STUDENTS, FAMILIES, AND DONORS. USE OF THE RESIDENCE IS A CONDITION OF EMPLOYMENT AND IS PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER; THEREFORE, IT IS CONSIDERED A NON-TAXABLE BENEFIT. THE HEAD OF SCHOOL IS ALSO PROVIDED WITH A CREDIT CARD FOR BUSINESS USE. A RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION 521300173 2012-04-27 3200000 REFINANCE EXISTING DEBT AND RENOVATED AND EQUIPPED THE SCHOOL CAFETERIA 0 0 0 A 3200000 64000 185000 2951000 2012 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 0 0 0 1 A 0 FINANCIAL AID GRANT CHILD OF TRUSTEE 7000 FINANCIAL AID GRANT ASSISTANCE TO PROVIDE FINANCIAL AID TO CHILD OF TRUSTEE FINANCIAL AID GRANT CHILDREN OF TRUSTEE 30000 FINANCIAL AID GRANT ASSISTANCE TO PROVIDE FINANCIAL AID TO CHILDREN OF TRUSTEE FINANCIAL AID GRANT CHILDREN OF TRUSTEE 37500 FINANCIAL AID GRANT ASSISTANCE TO PROVIDE FINANCIAL AID TO CHILDREN OF TRUSTEE X 6 23496 PUBLIC STOCK EXCHANGE X GOLF OUTING AUCTION 33 30165 FAIR MARKET VALUE X LAPTOPS 3 1197 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 WAS REVIEWED IN DEPTH BY THE FINANCE AND AUDIT COMMITTEE, AND DISSEMINATED TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING EACH TRUSTEE TO REVIEW AND SIGN A STATEMENT EXPLAINING THAT THEY ARE IN COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT, VICE PRESIDENT, TREASURER AND SECRETARY REVIEWS THE COMPENSATION FOR THE HEAD OF SCHOOL ANNUALLY. COMPARATIVE COMPENSATION FOR OTHER HEAD OF SCHOOLS SIMILAR TO ROCKY HILL SCHOOL ARE USED AS A GUIDELINE TO ENSURE THE COMPENSATION BASE IS IN LINE WITH OTHER SCHOOLS. ALL OTHER ADMINISTRATIVE EMPLOYEES REPORT TO THE HEAD OF SCHOOL AND ARE REVIEWED PERIODICALLY BY HIM. ALL FACULTY ARE REVIEWED BY DIVISION HEADS AND OR THE DEAN OF FACULTY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: FAIR MARKET VALUE OF ITEMS DONATED TO THE AUCTION -30,165. FORM 990, PART XI,LINE 2C: THE FINANCE AND AUDIT COMMITTEE ARE RESPONSIBLE FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTING FIRM. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.