2017-03-10T13:36:13-06:00 2016-06-30 WITHUMSMITHBROWNPC 331 NEWMAN SPRINGS RD STE 125 RED BANK NJ 077016765 990 2015-07-01 210639868 The Hun School of Princeton % STEFANIE CONNELL HUNS 6099217600 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 STEFANIE CONNELL CFO 6099217600 2017-03-07 true GLENN G BELLOMY CPA P00579162 7328423113 2015 2021-01-29 14:40:06Z STEFANIE CONNELL 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 45124048 false X WWW.HUNSCHOOL.ORG X 1943 NJ THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE (SCH. O) 25 25 283 110 0 1334541 1892599 28104574 28980579 -1202041 532711 569793 314351 28806867 31720240 4229787 4543115 0 0 16558580 16101416 0 0 1784740 9338186 10507538 30126553 31152069 -1319686 568171 60551205 59956135 29427888 28854457 31123317 31101678 X THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES, HONOR, SERVICE, PERSERVERANCE, RESPONSIBLITY, COMPASSION, RESPECT AND LEADERSHIP. false false 611600 27161644 4580965 28980579 PROVIDED COLLEGE PREPARATORY SECONDARY EDUCATION FOR GRADES SIX THROUGH TWELVE FOR 642 STUDENTS. 27161644 true true false false false false false false false true true true false false true true true false true false true false false false true false false false true true true false false false false false false false false false true true false false false false false false false false true 166 2 true 283 true false false false false false true true false false false false false false X 25 25 false false false false false false false true true false false true true true true true true true true false NJ X STEFANIE CONNELL 6099217600 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 PETER E BLACK VICE PRESIDENT/BOARD MEMBER 1.0 0.0 X X 0 0 0 EDWARD BREEN BOARD MEMBER 1.0 0.0 X 0 0 0 LESLIE FLORIO TREASURER/BOARD MEMBER 1.0 0.0 X X 0 0 0 MICHAEL GUADAGNO BOARD MEMBER 1.0 0.0 X 0 0 0 THOMAS HORWICH BOARD MEMBER 1.0 0.0 X 0 0 0 ALLAN LEVINE BOARD MEMBER 1.0 0.0 X 0 0 0 HUGH HURLEY PRESIDENT/BOARD MEMBER 1.0 0.0 X X 0 0 0 ERIC HUTCHERSON BOARD MEMBER 1.0 0.0 X 0 0 0 SANJAY KANNAMBADI BOARD MEMBER 1.0 0.0 X 0 0 0 GIOVANNI CAFORIO BOARD MEMBER 1.0 0.0 X 0 0 0 SCOTT LANDIS BOARD MEMBER 1.0 0.0 X 0 0 0 ALFRED W LEACH II BOARD MEMBER 1.0 0.0 X 0 0 0 HERMAN PENNER BOARD MEMBER 1.0 0.0 X 0 0 0 DANNER RIEBE BOARD MEMBER 1.0 0.0 X 0 0 0 NICHOLAS SCOZZARI BOARD MEMBER 1.0 0.0 X 0 0 0 KENNETH B STODDARD BOARD MEMBER 1.0 0.0 X 0 0 0 BARRY SUSSMAN BOARD MEMBER 1.0 0.0 X 0 0 0 LEAH T RICCI BOARD MEMBER 1.0 0.0 X 0 0 0 ERIC P ROSENBLUM BOARD MEMBER 1.0 0.0 X 0 0 0 ORIN S WILF BOARD MEMBER 1.0 0.0 X 0 0 0 RICHARD F STRUP BOARD MEMBER 1.0 0.0 X 0 0 0 SUSAN MCGLORY MICHEL BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN TUGWELL BOARD MEMBER 1.0 0.0 X 0 0 0 STEPHEN T WILLS BOARD MEMBER 1.0 0.0 X 0 0 0 SUSAN WARD BOARD MEMBER 1.0 0.0 X 0 0 0 LISA MARIN BOARD MEMBER 1.0 0.0 X 0 0 0 JONATHAN G BROUGHAM VICE PRESIDENT/HEADMASTER 40.0 0.0 X 339222 0 44244 RICHARD GOLDMAN ESQ SECRETARY/COUNSEL 1.0 0.0 X 0 0 0 ANDREW C HAMLIN ASST SECRETARY/ASST HEADMASTER 40.0 0.0 X 189567 0 19861 STEFANIE CONNELL CFO 40.0 0.0 X 139112 0 69809 WILLIAM R MCQUADE ASST. HEAD FOR ADMIN. PROJECTS 40.0 0.0 X 152181 0 35072 KATHARIN KIEFER DEAN OF FACULTY 40.0 0.0 X 139241 0 32350 RYAN K HEWS HEAD OF UPPER SCHOOL 40.0 0.0 X 144802 0 18459 STEVEN C BRISTOL DIRECTOR OF ADMISSIONS 40.0 0.0 X 136715 0 107962 J MICHAEL CHAYKOWSKY DIRECTOR OF FACILITIES 40.0 0.0 X 128951 0 20039 1369791 0 347796 14 false true false THE BRICKMAN GROUP LTD LLC 3630 SOLUTIONS CENTER CHICAGO IL 606773006 LANDSCAPING 353783 CASCADES CONSTRUCTION LP PO BOX 60597 PHILADELPHIA PA 19145 CONSTRUCTION 724921 SAGE DINING SERVICES 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 DINING HALL MANAGEME 947760 SCOZZARI BUILDERS INCORPORATED 1891 NORTH OLDEN AVENUE TRENTON NJ 08638 CONSTRUCTION 184536 FIELDTURF USA INC 7445 COTE-DE-LIESSE ROAD SUITE 200 MONTREAL QUEBEC CA H4T1G2 TURF INSTALLATION 322763 7 1892599 205546 1892599 TUITION AND FEES 611600 27699820 27699820 STUDENT FEES 611600 182936 182936 SUMMER TUITION 611600 629570 629570 OPTIONAL PROGRAMS 611600 468253 468253 28980579 352373 352373 0 0 191803 69273 122530 0 122530 122530 13190571 13010233 180338 180338 180338 34370 34908 -538 -538 0 333419 289394 44025 44025 OTHER REVENUE 900099 148334 148334 148334 31720240 29128913 698728 0 4543115 4543115 0 0 911567 323637 330885 257045 0 11530869 10603078 300606 627185 764019 626496 84042 53481 2005958 1644886 220655 140417 889003 728983 97790 62230 0 0 0 0 0 0 405473 332595 41596 31282 120215 29827 90388 1907508 1703703 76369 127436 124935 102680 13600 8655 0 794801 662661 80733 51407 199491 182254 6955 10282 0 98362 89391 2637 6334 566245 464321 62287 39637 0 2213830 1815341 243521 154968 224208 19782 204426 REPAIRS & MAINTENANCE 289665 239410 30711 19544 BAD DEBT EXPENSE 169791 169791 CONTRACTED SERVICES 2594608 2423780 103081 67747 SPECIAL PROGRAMS 672536 500311 45321 126904 125870 125393 291 186 31152069 27161644 2205685 1784740 10840 2886 4965231 3327389 1782559 1377030 667705 918009 0 0 0 0 0 0 98283 100194 888324 739448 59127978 26846994 32362641 32280984 0 0 19171414 20002301 0 0 283742 273609 320466 934285 60551205 59956135 2494642 2099312 0 0 4490473 5311914 19354450 19520271 0 0 0 0 0 0 0 0 3088323 1922960 29427888 28854457 X 23620489 22869096 59670 752144 7443158 7480438 31123317 31101678 60551205 59956135 568171 -589810 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18640339 1356609 -59598 809006 109912 19018432 15350512 3460276 744873 730555 184767 18640339 12321319 1583316 2115225 553235 116113 15350512 11647883 248568 1159459 644803 89788 12321319 11339639 145716 254901 92373 11647883 0.60700 0.39300 false false 653499 653499 48904345 19202047 29702298 6292694 5197499 1095195 3277440 2447448 829992 32280984 INVESTMENTS 20002301 F 20002301 0 STUDENT DEPOSITS 24851 OBLIGATION 1658458 CAPITAL LEASE PAYABLE 164163 NOTE PAYABLE 40000 DEFERRED COMPENSATION 35488 1922960 X 26943040 -589810 -4580965 -5170775 32113815 -393575 -393575 31720240 26964679 393575 393575 26571104 4580965 4580965 31152069 PT XI LINE 4B COST OF GOODS SOLD - $ 289,394 RENTAL EXPENSE - 69,273 FUNDRAISING EXPENSES - 34,908 TOTAL $ 393,575 PT XII, LINE 2D COST OF GOODS SOLD - $ 289,394 RENTAL EXPENSE - 69,273 FUNDRAISING EXPENSES - 34,908 TOTAL $ 393,575 PART V, LINE 4 AS DESIGNATED BY THE DONOR FOR PERMANENTLY RESTRICTED AND AS DESIGNATED BY THE BOARD FOR BOARD RESTRICTED. PART X, LINE 2 ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2016, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AS WELL AS THE STATE OF NEW JERSEY AND HAS NO INCOME TAX RELATED PENALTIES AND INTEREST FOR PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THE SCHOOL'S POLICY WOULD BE TO RECOGNIZE THEM AS OPERATING EXPENSES. IN THE NORMAL COURSE OF BUSINESS, THE SCHOOL IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2016, AND THROUGH THE DATE OF THIS REPORT THERE ARE NO ON-GOING AUDITS OR UNRESOLVED DISPUTES WITH THE VARIOUS TAX AUTHORITIES THAT THE SCHOOL FILES WITH. AS OF JUNE 30, 2016 AND 2015, THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS. PART XII, LINE 4B FINANCIAL AID - $ 4,580,965 PART XI, LINE 2D FINANCIAL AID - $(4,580,965) true true true true true true true false false false false false false false false false false true SCHEDULE E, PT I, LINE 3 THE POLICY IS INCLUDED IN BROCHURES, CATALOGUES AND WRITTEN COMMUNICATIONS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. IN CONJUNCTION WITH NEW JERSEY ASSOCIATION OF INDEPENDENT SCHOOLS AND THE ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOLS, WE PLACE ADS STATING OUR NONDISCRIMINATORY POLICY IN AREA NEWSPAPERS. WE HAVE PLACED ADS IN THE STAR LEDGER, THE PHILIDELPHIA INQUIRER AND THE PHILADELPHIA DAILY NEWS. North America 0 0 Program Services FIELDTURF INSTALLATION 322763 0 0 0 0 322763 322763 false false false false false false PART I, LINE 3(1) THE SCHOOL PAID A CONTRACTOR LOCATED IN CANADA FOR THE INSTALLATION OF FIELDTURF. GALA 34370 34370 14424 6503 6024 0 34370 34370 14424 6503 6024 26951 7419 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 true FINANCIAL AID AND TUITION REMISSION 185 4525096 FMV FINANCIAL AID/REMISS DISCOUNTS 198 55869 FMV DISCOUNTS PART I, LINE 2 THE SCHOOL ESTABLISHED A COMMITTEE TO REVIEW APPLICATIONS AND AWARD FINANCIAL AID BASED ON NEED. X X true true X X false false false false false false false false false JONATHAN G BROUGHAM VICE PRESIDENT/HEADMASTER 339222 0 0 0 0 0 19875 0 24369 0 383466 0 0 0 ANDREW C HAMLIN ASST SECRETARY/ASST HEADMASTER 189567 0 0 0 0 0 14195 0 5666 0 209428 0 0 0 WILLIAM R MCQUADE ASST. HEAD FOR ADMIN. PROJECTS 152181 0 0 0 0 0 19231 0 15841 0 187253 0 0 0 KATHARIN KIEFER DEAN OF FACULTY 139241 0 0 0 0 0 16709 0 15641 0 171591 0 0 0 RYAN K HEWS HEAD OF UPPER SCHOOL 144802 0 0 0 0 0 9931 0 8528 0 163261 0 0 0 STEVEN C BRISTOL DIRECTOR OF ADMISSIONS 136715 0 0 0 0 0 10599 0 97363 0 244677 0 0 0 STEFANIE CONNELL CFO 139112 0 0 0 0 0 11149 0 58660 0 208921 0 0 0 PART I, LINE 1A THE HEADMASTER IS REQUIRED TO LIVE ON SCHOOL GROUNDS. A PUBLIC FINANCE AUTHORITY 273866124 2013-08-01 23000000 BOND REFINANCING + CONSTRUCTION false false false A 13660000 0 19737260 0 0 0 280950 0 0 5796310 0 0 2014 true false false true A false false false false 0 false false false false A false true false false false false 0 false 0 false false A false PART II LINE 3 THE TOTAL ISSUE PRICE IS $23,000,000, OF WHICH $13,660,000 WAS USED TO PAY OFF THE OUTSTANDING BALANCE ON THE 2004 BONDS AND $280,950 WAS USED TO PAY FINANCING COSTS. THE REMAINING BALANCE OF $9,059,050 IS BEING TREATED AS A CONSTRUCTION LOAN AND IS BEING DRAWN DOWN AS NEEDED. AS OF JUNE 30, 2016, $5,796,310 HAD BEEN DRAWN DOWN ON THE LOAN. NICHOLAS SCOZZARI BOARD MEMBER 139683 SEE PART V false PART IV, LINE 1 DURING THE FISCAL YEAR ENDED JUNE 30, 2016 THE SCHOOL PAID $139,683 TO SCOZZARI BUILDERS INCORPORATED, OF WHICH NICHOLAS SCOZZARI IS A GREATER THAN 35% OWNER. NICHOLAS SCOZZARI STEPPED DOWN AS A BOARD MEMBER DURING THE FISCAL YEAR ENDED JUNE 30, 2016, AFTER THE CONTRACT WAS AWARDED TO HIS COMPANY. X 11 47428 FMV ON DATE OF DONAT X GALA MISCELLANEOUS AUCTION ITEMS 37 17178 FMV OF DONATED ITEM X ATHLETICS MISCELLANEOUS 1 1000 FMV OF DONATED ITEM X FINE ARTS & DRAMA 2 1198 FMV OF DONATED ITEM X HUN ANNUAL FUND CATERING 1 2062 FMV OF DONATED ITEM false true false FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WAS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND COMMENT PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMEBERS REVIEW THE SCHOOL'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE HEADMASTER RECEIVES AN ANNUAL REVIEW BY THE BOARD OF TRUSTEES FOR PERFOMANCE THROUGHOUT THE FISCAL YEAR. THE HEADMASTER HAS A THREE YEAR CONTRACT THAT OUTLINES POTENTIAL SALARY INCREASES AND THE BOARD WILL DETERMINE IF AN INCREASE IS APPROPRIATE BASED ON THEIR REVIEW. OTHER OFFICERS AND KEY EMPLOYEES RECEIVE ANNUAL REVIEWS BY THE HEADMASTER. THE BOARD APPROVES A BUDGET AND A SET AMOUNT OF OVERALL SALARY INCREASES EACH YEAR. THE HR DIRECTOR WILL DO BENCHMARKING FOR ALL OF THE OTHER OFFICERS AND KEY EMPLOYEES AND THE HR DIRECTOR AND THE HEADMASTER WILL DISCUSS IF COMPENSATION ADJUSTMENTS ARE NECESSARY. THE HEADMASTER TYPICALLY INFORMS THE BOARD CHAIR AND/OR FINANCE COMMITTEE CHAIR WHEN HE RECOMMENDS COMPENSATION ADJUSTMENTS FOR THE OTHER OFFICERS AND KEY EMPLOYEES, BUT BOARD APPROVAL IS NOT NEEDED TO MAKE THOSE ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST FROM THE ORGANIZATION. FORM 990, PART IV, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL OF ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THE ORGANIZATION HAS A FINANCE COMMITTEE THAT REVIEWS THE AUDITED FINANCIAL STATEMENT BY THE INDEPENDENT AUDITORS. FORM 990, PART I, LINE 1 TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES, HONOR, SERVICE, PERSERVERANCE, RESPONSIBILITY, COMPASSION, RESPECT AND LEADERSHIP.