2016-02-03T08:23:53-06:00 2015-06-30 061009205 BLUM SHAPIRO & COMPANY PC CPA'S 29 S MAIN STREET PO BOX 272000 WEST HARTFORD CT 061272000 990 2014-07-01 060689699 ETHEL WALKER SCHOOL INC ETHE 8606584467 230 BUSHY HILL ROAD SIMSBURY CT 06070 GREGORY JANDREAU CHIEF FINANCIAL OFFICER 8606584467 2016-01-28 1 ELIZABETH SOLECKI P00235171 8605614000 2016-01-28 2014 2016-04-25 22:37:26Z GREGORY JANDREAU 230 BUSHY HILL ROAD SIMSBURY CT 06070 28525802 0 X WWW.ETHELWALKER.ORG X 1911 CT THE ETHEL WALKER SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY, BOARDING AND DAY SCHOOL FOR GIRLS IN GRADES SIX THROUGH TWELVE. SINCE 1911, THE ETHEL WALKER SCHOOL HAS EXCELLED AT PREPARING STUDENTS TO MAKE A DIFFERENCE IN THE WORLD. MEMBERS OF THIS DIVERSE COMMUNITY ARE DEDICATED TO SCHOLARSHIP, THE ARTS, ATHLETICS, WELLNESS, AND SERVICE. THE SATISFACTION OF ACHIEVEMENT AND JOY OF FRIENDSHIP ARE FUNDAMENTAL PRINCIPLES AS THE SCHOOL EMPOWERS GIRLS TO LEAD WITH INTEGRITY, CONFIDENCE, COURAGE, AND CONVICTION. 19 18 155 0 63957 -57627 5746018 13539117 12796908 13037190 48726 1270821 -120581 -135812 18471071 27711316 3894475 4069466 0 0 8146244 8454970 0 0 1342417 6748903 6721993 18789622 19246429 -318551 8464887 72384308 81762490 22516891 23304903 49867417 58457587 X THE ETHEL WALKER SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY, BOARDING AND DAY SCHOOL FOR GIRLS IN GRADES SIX THROUGH TWELVE. SINCE 1911, THE ETHEL WALKER SCHOOL HAS EXCELLED AT PREPARING STUDENTS TO MAKE A DIFFERENCE IN THE WORLD. MEMBERS OF THIS DIVERSE COMMUNITY ARE DEDICATED TO SCHOLARSHIP, THE ARTS, ATHLETICS, WELLNESS, AND SERVICE. THE SATISFACTION OF ACHIEVEMENT AND JOY OF FRIENDSHIP ARE FUNDAMENTAL PRINCIPLES AS THE SCHOOL EMPOWERS GIRLS TO LEAD WITH INTEGRITY, CONFIDENCE, COURAGE, AND CONVICTION. 0 0 10527999 12197830 INSTRUCTION OF STUDENTS AND SUPPORT SERVICES FOR INSTRUCTION PROGRAMS 4069466 4069466 FINANCIAL AID 1677460 824448 ATHLETIC PROGRAMS/RIDING INSTRUCTION 16274925 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 131 0 1 155 1 1 1 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X GREGORY JANDREAU CFO 8606584467 BUSHY HILL ROAD SIMSBURY CT 06070 LYNN ALLEGAERT TRUSTEE 1.00 X 0 0 0 BRUCE BACKMAN TRUSTEE 1.00 X 0 0 0 ANN FAY BARRY TRUSTEE 1.00 X 0 0 0 STEPHEN BECKER TRUSTEE 1.00 X 0 0 0 STUART M BELL TRUSTEE 1.00 X 0 0 0 MARGOT CAMPBELL BOGERT TRUSTEE 1.00 X 0 0 0 CHRISTOPHER L BRIGHAM TRUSTEE 1.00 X 0 0 0 ELIZABETH ROCKWELL CESARE TRUSTEE 1.00 X 0 0 0 KEVIN CHESSEN TRUSTEE 1.00 X 0 0 0 SARAH GATES COLLEY TRUSTEE 1.00 X 0 0 0 SARAH HOUSE DENBY TRUSTEE 1.00 X 0 0 0 HARRIET BLEES DEWEY TRUSTEE 1.00 X 0 0 0 SPENCER LAMPERT TRUSTEE 1.00 X 0 0 0 LAURA MOUNTCASTLE TRUSTEE 1.00 X 0 0 0 G PETER O'NEILL JR TRUSTEE 1.00 X 0 0 0 AMY PAUL TRUSTEE 1.00 X 0 0 0 AMANDA PITMAN TRUSTEE 1.00 X 0 0 0 LETITIA MCCLURE POTTER TRUSTEE 1.00 X 0 0 0 THOMAS REGAN TRUSTEE 1.00 X 0 0 0 KATHARINE O'BRIEN ROHN TRUSTEE 1.00 X 0 0 0 EMILY WICK TRUSTEE 1.00 X 0 0 0 ELIZABETH CROMWELL SPEERS HEAD OF SCHOOL 40.00 X X 421636 0 129125 THOMPSON GREENLAW CHIEF OPERATING OFFICER 40.00 X 177413 0 24703 JANE BRADFORD DIRECTOR OF GIFT PLANNING 40.00 X 133884 0 12624 STEPHEN DUNN ASSISTANT HEAD OF SCHOOL 40.00 X 123975 0 37757 STEPHEN REYNOLDS DIRECTOR OF TECHNOLOGY 40.00 X 119027 0 38660 975935 0 242869 5 0 1 0 CE FLOYD COMPANY INC 101 CENTERPOINT DRIVE MIDDLETOWN CT 06457 CONSTRUCTION 1870589 FLIK INTERNATIONAL CORP COMPASS GROUP U PO BOX 91337 CHICAGO IL 606931337 DINING SERVICE 901498 OMR ARCHITECTS INC 543 MASSACHUSETTS AVE WEST ACTON MA 01720 ARCHITECTS 735580 SODEXO OPERATIONS LLC PO BOX 360170 PITTSBURGH PA 152516170 FACILITIES MANAGEMENT 419840 STRATEGIC BUILDING SOLUTIONS LLC 135 NEW ROAD MADISON CT 06443 PROJECT MANAGER 121320 5 13539117 8280424 13539117 STUDENT TUITION 611110 12112449 12112449 AUXILLARY SERVICES 611110 924741 914685 10056 13037190 255090 255090 56031 2130 53901 53901 53901 650894 1100000 652533 82630 -1639 1017370 1015731 1015731 67971 14155 53816 53816 87996 63038 24958 24958 OTHER INCOME 900099 -4856 -4856 GAIN ON INTEREST RATE SWAP 900099 -263631 -263631 -268487 27711316 13022278 63957 1085964 4069466 4069466 680843 476050 204793 5808099 4263445 705037 839617 274931 194746 52010 28175 1253621 1025230 131081 97310 437476 307141 72762 57573 67924 67924 318403 234900 27271 56232 879221 879221 125752 52287 1142 72323 26624 16440 2177 8007 650498 650498 1823425 1823425 PURCHASED SERVICES 768991 501776 246002 21213 CONTRACT HELP 456143 452669 3474 OTHER RIDING EXPENSES 392305 392305 DINING EXPENSES 243707 243707 969000 691619 115414 161967 19246429 16274925 1629087 1342417 1154494 1038965 2523044 3073007 1333963 1079414 50189 49038 28241 58702 57555592 27935655 27291790 29619937 21273203 28324683 18101128 17914530 628256 604214 72384308 81762490 1307945 2006118 4536982 4642348 16422928 16209347 249036 447090 22516891 23304903 X 16001675 19932587 15526066 19808836 18339676 18716164 49867417 58457587 72384308 81762490 X 8464887 323151 -197868 X 0 1 X 1 0 X 5618922 7476902 3641894 5746018 13539117 36022853 5618922 7476902 3641894 5746018 13539117 36022853 9834164 26188689 241939 301264 240388 224212 255090 1262893 62358 66129 9324 137811 87014 101104 103904 89655 87996 469673 37893230 60059711 0.69110 0.69730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17209594 550923 506897 807828 17459586 15799900 202053 1927641 720000 17209594 15916681 1203000 1369608 2689389 15799900 17317593 114088 1515000 15916681 14844227 1506000 1602366 635000 17317593 0.35000 0.58000 0.07000 1 0 40195464 20506242 19689222 6609628 5163545 1446083 10750500 2265868 8484632 29619937 BENEFICIAL INTEREST IN A CHARITABLE TRUST HELD BY THIRD PARTY 1674530 F BENEFICIAL INTEREST IN CHARITABLE AND PERPETUAL TRUSTS 16240000 F 17914530 OBLIGATIONS UNDER CAPITAL LEASES 29703 NOTES PAYABLE 41276 FAIR VALUE OF INTEREST RATE SWAP 376111 447090 23137775 323151 -4896692 -4573541 27711316 0 27711316 14547607 0 14547607 4698822 4698822 19246429 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUND CONSISTS OF APPROXIMATELY 90 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION ASSISTANCE -4,698,822. CHANGE IN BENEFICIAL INTEREST -200,000. RENTAL EXPENSES 2,130. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION ASSISTANCE 4,698,822. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ETHEL WALKER SCHOOL ADVERTISES IN BOTH INTERNAL AND EXTERNAL PUBLICATIONS ITS POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, COLOR, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN. AUCTION 67971 67971 14155 67971 67971 14155 14155 53816 1 FINANCIAL AID FOR TUITION 133 0 4069466 FMV FINANCIAL AID PART I, LINE 2: FINANCIAL AID IS PROVIDED VIA A REDUCTION OF THE TUITION CHARGES. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 ELIZABETH CROMWELL SPEERS HEAD OF SCHOOL 325000 0 50000 0 46636 0 66384 0 62741 0 550761 0 0 0 THOMPSON GREENLAW CHIEF OPERATING OFFICER 177413 0 0 0 0 0 10714 0 13989 0 202116 0 0 0 STEPHEN DUNN ASSISTANT HEAD OF SCHOOL 123975 0 0 0 0 0 7944 0 29813 0 161732 0 0 0 STEPHEN REYNOLDS DIRECTOR OF TECHNOLOGY 119027 0 0 0 0 0 7644 0 31016 0 157687 0 0 0 PART I, LINE 1A CERTAIN EMPLOYEES, INCLUDING THE HEAD OF SCHOOL, ARE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. PART I, LINE 4B THE HEAD OF SCHOOL PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN. A STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774UP66 2009-10-05 400000 REFUND CURRENT BOND ISSUE, FUND A DEBT SERVICE FUND, AND PAY ISSUANCE COSTS 0 0 0 B STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774UQ24 2009-10-05 650000 REFUND CURRENT BOND ISSUE, FUND A DEBT SERVICE FUND, AND PAY ISSUANCE COSTS 0 0 0 C STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774UR56 2009-10-05 2700000 REFUND CURRENT BOND ISSUE, FUND A DEBT SERVICE FUND, AND PAY ISSUANCE COSTS 0 0 0 D STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774UR72 2009-10-05 4470000 REFUND CURRENT BOND ISSUE, FUND A DEBT SERVICE FUND, AND PAY ISSUANCE COSTS 0 0 0 A 400000 8000 392000 2000 1 0 1 1 B 650000 13000 637000 2000 1 0 1 1 C 2700000 54000 2646000 2000 1 0 1 1 D 4277439 609100 85549 3559773 23017 2000 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART IV, LINE 2C: NO FUNDS WERE SUBJECT TO THE REBATE CALCULATION. A STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2013-04-03 8665000 CONSTRUCTION OF NEW DORM AND OTHER CAPITAL MAINTENANCE PROJECTS 0 0 0 A 8665000 165000 8500000 2014 0 0 1 1 A 0 0 0 0 0.00000 0.02000 0.02000 0 0 1 A 0 0 0 1 0 1 FIRST NIAGARA 16.750000000000 0 0 0 0 1 A 1 THOMAS SPEERS SPOUSE OF HEAD OF SCHOOL 10873 EMPLOYMENT 0 X 1 6058 INDEPENDENT APPRAISAL X 41 7988406 FMV X HORSES 3 255000 INDEPENDENT APPRAISA X SUPPLIES 123 30960 DONOR'S APPRAISAL 4 0 1 0 PART I, LINE 32B: THE SCHOOL USES A BROKER TO SELL GIFTS OF SECURITIES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF THE ETHEL WALKER SCHOOL DIRECTS THAT THE FISCAL MANAGEMENT COMMITTEE REVIEW AND APPROVE THE FINAL VERSION WITH FULL AUTHORITY OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEE AND KEY EMPLOYEES NEED TO COMPLETE AN ANNUAL DISCLOSURE FORM WHICH IS REVIEWED BY THE DIRECTOR OF FINANCE. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL ENGAGED AN OUTSIDE CONSULTANT, HUGH MALLON, FOR A THREE YEAR CONTRACT REVIEW TO DETERMINE HEAD OF SCHOOL COMPENSATION. THIS WAS THE SECOND YEAR OF THE CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST -200,000. RENTAL EXPENSES 2,130. ROUNDING 2. ETHEL WALKER CHARITABLE AND EDUCATIONAL FOUNDATION 230 BUSHY HILL ROAD SIMSBURY CT 060702698 060679139 PRIVATE FOUNDATION CT 501(C)(3) PF 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ETHEL WALKER CHARITABLE AND EDUCATIONAL FOUNDATION C 279720 FMV