2019-05-13T12:39:05-05:00 2018-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2017-07-01 060733693 GREENS FARMS ACADEMY INC GREE 2032567543 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 JENNIFER CAMPBELL CHIEF FINANCE & OPERATING OFFICER 2032567543 2019-04-29 1 LAURA J KENNEY P00202198 6177170831 2019-04-29 64.251.63.131 2019-04-29 19:09:17 ED P A6FE013E361255C01D59685EA5E402E2A66555A4 9F3B9057DC4C1AB93FF6CCB85D8B21EC61D194BB 2017 2019-02-21 02:37:17Z JENNIFER CAMPBELL 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 57723808 0 X WWW.GFACADEMY.ORG X 1925 CT GFA ENGAGES STUDENTS AS PARTNERS IN AN INNOVATIVE, INCLUSIVE, AND GLOBALLY MINDED COMMUNITY TO PREPARE THEM FOR A LIFE OF PURPOSE. 24 22 352 910 0 480 5337348 5335974 29881286 31096565 2986351 5096481 233275 100076 38438260 41629096 2962109 3204537 0 0 21092768 21423227 0 0 1694383 8744236 8767753 32799113 33395517 5639147 8233579 127827231 132726399 15593676 14234248 112233555 118492151 GFA ENGAGES STUDENTS AS PARTNERS IN AN INNOVATIVE, INCLUSIVE, AND GLOBALLY MINDED COMMUNITY TO PREPARE THEM FOR A LIFE OF PURPOSE. 0 0 28390168 3201747 30960305 AT GFA, WE BELIEVE A PREK-12 EDUCATION CAN BE JOYFUL. WE INVITE OUR STUDENTS TO THINK BIG, QUESTION OFTEN AND STAY GROUNDED IN OUR CORE VALUES OF PASSION, INTEGRITY, EMPATHY, CURIOSITY, AND EXCELLENCE. STUDENTS ARE AT THE CENTER OF EVERYTHING, AS KNOWN AND ENGAGED PARTNERS IN THEIR OWN LEARNING. THEY TAKE PRIDE IN THEIR ACHIEVEMENTS, DEFINE WHAT EXCELLENCE MEANS FOR THEM, AND THEN RISE TO MEET IT. INNOVATION IS NOT A BUZZWORD AT GFA. HERE, THOUGHTFUL PROGRESS TRAVELS ALONGSIDE A LEGACY OF ACADEMIC STRENGTH. GFA PROUDLY HELPS SHAPE MEN AND WOMEN OF CHARACTER WHO WILL LEAVE THEIR MARK ON THE BROADER GLOBAL COMMUNITY. 1190663 0 4890 HORIZONS AT GFA - HORIZONS AT GFA HELPS UNDERSERVED BRIDGEPORT STUDENTS IN PRE-KINDERGARTEN THROUGH 12TH GRADE IMPROVE THEIR EDUCATIONAL OUTCOMES BY PROVIDING ACADEMIC INSTRUCTION, ENRICHMENT EXPERIENCES, MENTORING, AND EDUCATIONAL GUIDANCE IN A NURTURING COMMUNITY OF DEDICATED PROFESSIONALS. 93992 2790 131370 SUMMER PROGRAMS - THE GFA SUMMER PROGRAM OFFERS INNOVATIVE ACADEMIC COURSES, SUMMER SPORTS FOR YOUNG ATHLETES AND A FUN-FILLED SUMMER CAMP. 29674823 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 155 0 1 352 1 1 1 0 0 0 0 1 1 0 0 0 0 X 24 22 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 X JENNIFER CAMPBELL 2032567543 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 SHELLEY GOLDSMITH CO-PRESIDENT 4.00 X X 0 0 0 PATRICIA VANACORE CO-PRESIDENT 4.00 X X 0 0 0 STEPHEN LAWRENCE CO-VICE-PRESIDENT 4.00 X X 0 0 0 MICHAEL RINTOUL CO-VICE-PRESIDENT 4.00 X X 0 0 0 DAVID DURKIN CO-TREASURER 4.00 X X 0 0 0 ZACHARY ZEITLIN CO-TREASURER 2.00 X X 0 0 0 ARLENE HOWARD SECRETARY 4.00 X X 0 0 0 HENRY BACKE JR TRUSTEE 2.00 X 0 0 0 VANI BETTEGOWDA TRUSTEE 2.00 X 0 0 0 MICHAEL BLITZER TRUSTEE 2.00 X 0 0 0 ELIZABETH BOOLBOL TRUSTEE 2.00 X 0 0 0 RICHARD CANNING TRUSTEE 2.00 X 0 0 0 CAROLYN COHEN TRUSTEE 2.00 X 0 0 0 STEPHANIE ERCEGOVIC TRUSTEE 2.00 X 0 0 0 ROGER FERRIS TRUSTEE 2.00 X 0 0 0 MICHAEL GREENBERG TRUSTEE 2.00 X 0 0 0 WARD HORTON TRUSTEE 2.00 X 0 0 0 LYNNE LAUKHUF TRUSTEE 2.00 X 0 0 0 KRISTEN MCDONALD TRUSTEE 2.00 X 0 0 0 SAMANTHA MOONEY TRUSTEE 2.00 X 0 0 0 KATE ROTH TRUSTEE 2.00 X 0 0 0 NANCY SOULE TRUSTEE 2.00 X 0 0 0 PETER TAUCK TRUSTEE 2.00 X 0 0 0 JAMES WOLFE TRUSTEE 2.00 X 0 0 0 JANET HARTWELL HEAD OF SCHOOL 40.00 X 514229 0 101166 RUSSELL FRIEDSON CHIEF FINANCE & OPERATIONS OFFICER 40.00 X 239674 0 64989 CHRISTOS KOLOVOS ASSISTANT HEAD OF SCHOOL 40.00 X 173060 0 24965 JENNIFER KLEIN DIRECTOR OF ADVANCEMENT 40.00 X 178800 0 42378 ANDREW MEYER HEAD OF THE MIDDLE SCHOOL 40.00 X 154793 0 39472 ATTILA AGH DIRECTOR OF SQUASH PROGRAM 40.00 X 149003 0 19159 ANN MILLER ADMISSION DIRECTOR 40.00 X 145325 0 13581 ALEWA COOPER HEAD OF THE LOWER SCHOOL 40.00 X 144500 0 23310 ANDREW JONES HEAD OF THE UPPER SCHOOL 40.00 X 136607 0 37289 TAUNI BUTTERFIELD ATHLETICS DIRECTOR 40.00 X 131013 0 14416 1967004 0 380725 40 0 1 0 DEERING CONSTRUCTION 20 SHEEHAN AVE NORWALK CT 06854 CONSTRUCTION 1816915 A PAPPAJOHN COMPANY 66 FORT POINT RD NORWALK CT 06851 CONSTRUCTION 1405914 CHARTWELLS DINING SERVICES PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 706571 A P CONSTRUCTION 707 SUMMER ST STAMFORD CT 06901 CONSTRUCTION 614948 US PITCHCARE DBA SATURATED SOLUTIONS L 18 EVERGREEN RD NORTHFORD CT 06472 FIELD CONSTRUCTION 606737 8 1007708 4328266 261274 5335974 TUITION & FEES 611110 30327918 30327918 STUDENT ACTIVITIES & YEARBOOK 611710 563134 563134 SUMMER SCHOOL TUITION 611110 131370 131370 SCHOOL STORE REVENUE 611110 74143 74143 31096565 864732 864732 99040 22238 76802 76802 76802 20088348 15856599 4231749 4231749 4231749 154750 1007708 215875 -61125 -61125 PARENTS ASSOC. INCOME 900099 73661 73661 OTHER INCOME 900099 10738 10738 84399 41629096 31096565 0 5196557 6750 6750 3197787 3197787 1561937 805948 340978 415011 14747527 13312022 881932 553573 1072233 946289 73018 52926 2935750 2657398 157746 120606 1105780 943260 90457 72063 83517 83517 47830 47830 77011 77011 586308 363269 146954 76085 245606 11691 233915 562022 559371 2651 330671 330671 1157342 1122486 25442 9414 91747 25378 12918 53451 2812160 2757755 54405 110143 107940 2203 STUDENT ACTIVITIES 773227 773227 DINING ROOM 635729 635729 HORIZONS PROGRAM 407645 407645 ATHLETICS 249297 249297 597498 460910 29249 107339 33395517 29674823 2026311 1694383 41517 110 17205133 17352683 3352542 2408664 52470 107764 32920 47547 316110 282756 94069389 24430244 65750260 69639145 32204705 32183075 8871574 10704655 127827231 132726399 3566597 3061082 12027079 11173166 15593676 14234248 X 102148949 109359212 6924876 5993382 3159730 3139557 112233555 118492151 127827231 132726399 X 8233579 -1789312 -185671 X X 0 1 X 1 0 X 5403719 6090389 6667346 5337348 5335974 28834776 5403719 6090389 6667346 5337348 5335974 28834776 716636 28118140 632881 658402 655084 680609 963772 3590748 114475 120274 167711 222626 84399 709485 33135009 141962323 0.84860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARENTS ASSOC INCOME OTHER INCOME 36794974 1963197 2906624 159133 2916310 7201 38582151 40523225 283757 4466056 8458425 19639 36794974 41193806 474398 -807213 149195 176715 11856 40523225 40702817 418010 1223786 1150807 41193806 34977258 286160 5708130 258454 10277 40702817 0.86000 0.08000 0.06000 0 0 5725539 5725539 77272383 21732442 55539941 2404015 1107534 1296481 8667452 1590268 7077184 69639145 FORESTER OFFSHORE, LTD. 427692 F GOLDENTREE HIGH YIELD PARTNERS 26097 F POINTER OFFSHORE, LTD 5403823 F AETOS CAPITAL CAYMAN FUND 4847043 F 10704655 37082907 -1789312 238113 -1551199 38634106 2994990 2994990 41629096 30824329 423802 423802 30400527 2994990 2994990 33395517 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE SUPPORT FOR GREENS FARMS ACADEMY AND ITS MISSION OVER THE LONG TERM. IN DETERMINING INVESTMENT AND DRAW POLICIES, THE SCHOOL'S GOAL IS TO ENSURE THAT THE FUTURE GROWTH OF THE ENDOWMENT IS SUFFICIENT TO OFFSET NORMAL INFLATION PLUS REASONABLE SPENDING, THEREBY PRESERVING THE REAL (INFLATION-ADJUSTED) VALUE AND PURCHASING POWER OF THE FUND FOR FUTURE GENERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 215,875. RENTAL EXPENSES 22,238. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,994,990. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 215,875. RENTAL EXPENSES 22,238. UNCOLLECTIBLE PLEDGES 185,671. ROUNDING 18. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,994,990. 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 SCHOOL PUBLISHES A BROCHURE WHICH INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY. THE SCHOOL ALSO ADVERTISES ITS RACIALLY NONDISCRIMINATORY POLICY IN THE NEW YORK TIMES EACH YEAR. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 10704655 0 0 0 0 0 0 10704655 0 10704655 0 0 1 0 1 1 0 0 GALA 738286 665386 72900 53927 3500 76598 HORIZONS FALL 244885 210968 33917 21066 12851 1 179287 131354 47933 22962 10668 14303 1162458 1007708 154750 22962 85661 3500 103752 215875 -61125 1 KOMERA PROJECT PO BOX 1491 JAMAICA PLAIN MA 02130 271581674 501(C)(3) 6750 TO HELP STUDENTS UNDERSTAND THE IMPORTANCE OF CHARITABLE GIVING, STUDENTS HOLD FUNDRAISERS AND DONATE THE PROCEEDS TO CHARITABLE ORGANIZATIONS. KOMERA, A 501(C)(3) ORGANIZATION SUPPORTING GIRLS' EDUCATION, WAS THE RECIPIENT OF THE PROCEEDS IN 2018. 1 STUDENT FINANCIAL AID AND STUDENT SUPPORT (BOOKS, COMPUTERS, TRANSPORTATION, ETC.) 97 3179787 TRAVEL SCHOLARSHIPS 11 18000 PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS BASED ON NEED AND IS DETERMINED UTILIZING SCHOOL AND STUDENT SERVICES (SSS) GUIDELINES WHICH PROVIDE A FINANCIAL AID NEED ANALYSIS BASED ON CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. ADDITIONAL AID MAY ALSO BE PROVIDED FOR SUPPLEMENTAL NEEDS SUCH AS BOOKS, TRANSPORTATION, AND REQUIRED EQUIPMENT. X 1 1 X X X 0 0 0 0 0 1 0 0 0 JANET HARTWELL HEAD OF SCHOOL 514229 0 0 0 0 0 22950 0 78216 0 615395 0 0 0 RUSSELL FRIEDSON CHIEF FINANCE & OPERATIONS OFFICER 239674 0 0 0 0 0 21434 0 43555 0 304663 0 0 0 CHRISTOS KOLOVOS ASSISTANT HEAD OF SCHOOL 173060 0 0 0 0 0 14756 0 10209 0 198025 0 0 0 JENNIFER KLEIN DIRECTOR OF ADVANCEMENT 178800 0 0 0 0 0 15725 0 26653 0 221178 0 0 0 ANDREW MEYER HEAD OF THE MIDDLE SCHOOL 154793 0 0 0 0 0 13600 0 25872 0 194265 0 0 0 ATTILA AGH DIRECTOR OF SQUASH PROGRAM 36749 0 112254 0 0 0 890 0 18269 0 168162 0 0 0 ANN MILLER ADMISSION DIRECTOR 145325 0 0 0 0 0 10397 0 3184 0 158906 0 0 0 ALEWA COOPER HEAD OF THE LOWER SCHOOL 144500 0 0 0 0 0 12414 0 10896 0 167810 0 0 0 ANDREW JONES HEAD OF THE UPPER SCHOOL 136607 0 0 0 0 0 12028 0 25261 0 173896 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS PROVIDED WITH A RESIDENCE FOR PERSONAL AND BUSINESS USE. THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS, AND HOST EVENTS OPEN TO FACULTY, STUDENTS, AND CONSTITUENTS ON AVERAGE ONCE A WEEK. THE VALUE OF THE HOUSING IS REPORTED IN SCHEDULE J, PART II, COLUMN (D) AND IS TREATED AS NONTAXABLE. PART I, LINE 6 THE SQUASH DIRECTOR'S INCENTIVE COMPENSATION IS BASED ON NET EARNINGS FROM SQUASH LESSONS & CLINICS. 63400 FINANCIAL AID EDUCATION FERRIS ASSOCIATES OWNER, ROGER FERRIS, IS A TRUSTEE 727653 ARCHITECTURAL SERVICES 0 X 14 261274 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF DONATIONS OF PUBLICLY TRADED STOCK REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ACADEMY'S FORM 990 IS PREPARED BY THE SCHOOL'S TAX ADVISORS WITH INFORMATION PROVIDED BY MANAGEMENT. THE FINAL DRAFT FORM 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD AND THE CHAIR OF THE FINANCE COMMITTEE, ALONG WITH THE HEAD OF SCHOOL, THE CHIEF FINANCIAL OFFICER, THE CONTROLLER AND THE TAX PREPARER. BEFORE FILING WITH THE INTERNAL REVENUE SERVICE, THE ENTIRE BOARD IS NOTIFIED THAT THE FORM 990, EXCLUDING SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS AVAILABLE FOR REVIEW WITH THE CFO. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH TRUSTEE, OFFICER, AND MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE GOVERNING BOARD SHALL SIGN A STATEMENT THAT AFFIRMS: HE OR SHE HAS RECEIVED A COPY OF THE COI POLICY, HAS READ AND UNDERSTOOD THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE SCHOOL IS CHARITABLE, AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PERIODIC REVIEWS ARE COMPLETED TO DETERMINE, AT A MINIMUM: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE SCHOOL'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES, AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY THE EXECUTIVE COMMITTEE USING COMPARABLE COMPENSATION DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE BOARD APPROVES AGGREGATE INCREASES. THE HEAD OF SCHOOL REVIEWS DATA AND DETERMINES COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES WITHIN THE OVERALL COMPENSATION PARAMETERS SET BY THE BOARD. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES THE FORM 990 AVAILABLE UPON REQUEST AT THE ACADEMY'S PLACE OF BUSINESS. THE ACADEMY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -185,671.