2015-06-18T09:17:36-05:00 2014-08-31 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2013-09-01 050270487 THE WINCHENDON SCHOOL INC WINC 9782971223 172 ASH STREET WINCHENDON MA 01475 JOHN A KERNEY HEAD OF SCHOOL 9782971223 2015-06-17 1 JOHN TOSCANO P00358542 9592007000 2013 2016-04-25 22:37:26Z JOHN A KERNEY 172 ASH STREET WINCHENDON MA 01475 20190971 0 X WWW.WINCHENDON.ORG X 1962 MA TO PROVIDE EDUCATIONAL SERVICES IN PREPARING YOUNG MEN AND WOMEN FOR HIGHER EDUCATION. 18 17 158 0 548563 -153133 618087 1077013 11593453 12539869 1429993 1980097 705710 596381 14347243 16193360 2548683 2640863 0 0 5634584 6220770 0 0 573097 4777344 4834174 12960611 13695807 1386632 2497553 55779068 63379809 15627852 19069704 40151216 44310105 THE WINCHENDON SCHOOL, A COEDUCATIONAL MULTICULTURAL COMMUNITY, PROVIDES COLLEGE-BOUND STUDENTS OF GOOD CHARACTER AND PROMISE WITH THE ESSENTIAL STUDY SKILLS AND LEARNING STRATEGIES THAT PROPEL EACH STUDENT TO ACHIEVE ACADEMIC SUCCESS. 0 0 11043742 2640863 12555140 TO PROVIDE EDUCATIONAL SERVICES IN PREPARING APPROXIMATELY 250 YOUNG MEN AND WOMEN FOR HIGHER EDUCATION. 11043742 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 33 0 1 158 1 1 1 0 0 0 0 0 0 0 0 0 X 18 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X KAREN OLIVARI FINANCE DIRECTOR 9782971223 172 ASH STREET WINCHENDON MA 01475 JOHN A KERNEY HEAD OF SCHOOL 55.00 X X 199418 0 37088 JOSEPH T DOCKERY PRESIDENT 5.00 X X 0 0 0 GLENN A HUNT VICE PRESIDENT, INTERIM TREASURER 5.00 X X 0 0 0 GEORGE J LADEAU CLERK 5.00 X X 0 0 0 COLIN CLAPTON TRUSTEE 5.00 X 0 0 0 D CANE CALLON TRUSTEE 5.00 X 0 0 0 GEORGE ELKINS TRUSTEE 5.00 X 0 0 0 CHRISTOPHER K FRAME TRUSTEE 5.00 X 0 0 0 JOHN HIPP TRUSTEE 5.00 X 0 0 0 TRACY MATHIEU HUFFMAN TRUSTEE 5.00 X 0 0 0 SEAN M MURPHY TRUSTEE 5.00 X 0 0 0 TERRY NATHAN TRUSTEE 5.00 X 0 0 0 DONNA RITCHIE TRUSTEE 5.00 X 0 0 0 VINNIE RUSCHIONI TRUSTEE 5.00 X 0 0 0 ASMA TAHIR MD TRUSTEE 5.00 X 0 0 0 ROBERT VAN GULICK TRUSTEE 5.00 X 0 0 0 PETER VILLARI TRUSTEE 5.00 X 0 0 0 GAIL WHIPPLE TRUSTEE 5.00 X 0 0 0 KARL WINTERS OUTGOING TRUSTEE 5.00 X 0 0 0 PAMELA BLAIR ASSOC. HEAD OF SCHOOL 55.00 X 102666 0 24211 302084 0 61299 2 0 1 0 F W MADIGAN 367 CHANDLER ST WORCESTER MA 01602 CONSTRUCTION 1326486 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 DINING SERVICES 847924 ROBERT OLSON & ASSOCIATES 374 CONGRESS STREET BOSTON MA 02210 ARCHITECTURAL SERVICES 473143 SCOTT & SCOTT 165 WEST STREET WINCHENDON MA 01475 BUILDING CONTRACTOR 386177 4 1077013 1077013 TUITION & FEES 611710 12149058 12149058 SUMMER SCHOOL & CAMPS 611710 390811 340845 49966 12539869 614197 614197 5170320 193191 3821508 176103 1348812 17088 1365900 1365900 GREENS FEES AND CART RENTAL 713910 177546 177546 GOLF COURSE MEMBERSHIP 713910 126097 126097 ICE RINK RENTAL 713990 123404 123404 169334 65237 71550 32547 596381 16193360 12555140 548563 2012644 2640863 2640863 249168 124584 74750 49834 4348021 3427129 651391 269501 193053 153906 28164 10983 1043555 809174 164046 70335 386973 300884 62960 23129 37703 37703 118363 118363 40573 1033 39540 16257 905 15352 139017 50229 88788 120254 84932 23548 11774 1033271 962976 63266 7029 145288 21110 82173 42005 95010 71258 23752 1103528 993175 99318 11035 173464 173464 FOOD SERVICE AND RELATE 895003 895003 ADMISSIONS DEPARTMENTAL 204000 204000 EDUCATIONAL EXPENSES AN 164913 164913 PRO SHOP 121163 121163 426367 220505 128390 77472 13695807 11043742 2078968 573097 3317942 3099443 1266435 3089798 608801 416006 1375431 1790056 14961 22895 28235 16714 242396 266455 38474444 10659336 20771776 27815108 28081568 26810609 71523 52725 55779068 63379809 858290 1952838 8393564 9102606 3360094 7674297 2549962 465942 339963 15627852 19069704 X 38714722 42622139 347906 539098 1088588 1148868 40151216 44310105 55779068 63379809 2497553 1661336 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 910581 173299 156580 6000 1234460 668401 144451 97729 910581 491039 104106 73256 668401 249991 170385 70663 491039 249990 249990 0.00000 0.71250 0.28750 0 0 803218 803218 27566373 9482442 18083931 1714191 1176894 537297 8390662 8390662 27815108 CAPITAL LEASES PAYABLE 9480 CUSTODIAL LIABILITIES 330483 339963 X 15095470 1661336 1661336 13434134 118363 2640863 2759226 16193360 10936581 0 10936581 118363 2640863 2759226 13695807 PART V, LINE 4: EARNINGS FROM THE SCHOOL'S ENDOWMENT FUNDS ARE TO BE USED TO SUPPORT FINANCIAL AID AND GENERAL OPERATING EXPENDITURES OF THE SCHOOL THROUGH ANNUAL DISCRETIONARY APPROPRIATIONS AUTHORIZED BY THE BOARD OF TRUSTEES. PART X, LINE 2: THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AT AUGUST 31, 2014. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2011 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,640,863. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,640,863. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY PUBLICIZED IS POSTED IN RINK, HUMAN RESOURCE, FACULTY ROOM AND MAINTENANCE ROOMS. EAST ASIA AND THE PACIFIC 0 0 STUDENT PLACEMENT 63168 RUSSIA & THE NEWLY INDEPENDENT STATES 0 0 STUDENT PLACEMENT 8088 0 0 0 0 0 0 71256 0 71256 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL BASIS OF ACCOUNTING 1 FINANCIAL AID 105 2640863 CASH VALUE TUITION DISCOUNT PART I, LINE 2: FINANCIAL AID AWARDS ARE DETERMINED BY THE FINANCIAL NEED OF THE FAMILY, BASED ON A FAMILY'S INCOME AND EXPENSES, ASSETS AND DEBTS, NUMBER OF FAMILY MEMBERS, COST OF LIVING INDEX, ETC, AND AS ESTABLISHED BY AN INDEPENDENT ORGANIZATION USED BY MOST PRIVATE SCHOOLS (SCHOOL AND STUDENT SERVICE (SSS) BY NAIS). IF THE STUDENT DOES NOT CONSISTENTLY MEET EXPECTATIONS OR IF THE FAMILY'S FINANCIAL CIRCUMSTANCE IMPROVES OVER THE STUDENT'S TENURE AT OUR SCHOOL, THEN THE AWARD WILL BE MODIFIED TO REFLECT THE FINANCIAL NEED OF THE FAMILY. X 1 1 X X X 0 0 0 0 0 0 0 0 0 JOHN A KERNEY HEAD OF SCHOOL 199280 0 0 0 138 0 17500 0 19588 0 236506 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE HEAD OF SCHOOL AS A CONDITION OF HIS EMPLOYMENT, IN ORDER TO EFFECTIVELY PERFORM HIS DUTIES AS THE HEAD OF A BOARDING SCHOOL. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2013-09-17 9500000 REFINANCE 2010 ISSUE AND FINANCE CONSTRUCTION OF ACADEMIC AND DINING CENTER 0 0 0 A 7674297 34500 6087126 3378374 2014 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 A 1 MARILY KERNEY HEAD OF SCHOOL'S SPOUSE 23210 ADMINISTRATIVE ASSISTANCE, INCLUDING COORDINATION OF TRAVEL SCHEDULES, DEVELOPMENT AND ALUMNI VISITS, DOCUMENTATION OF BOARD MEETINGS, EVENTS AND EVENT HOSTESS. 0 FORM 990, PART VI, SECTION A, LINE 2 THE BOARD VICE PRESIDENT IS EMPLOYED BY A BUSINESS OWNED BY ANOTHER BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED RETURN IS FIRST REVIEWED BY MANAGEMENT AND THE BOARD CLERK, TREASURER AND PRESIDENT. THE FINAL DRAFT OF THE RETURN IS THEN MADE AVAILABLE TO THE FULL BOARD FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON SHALL ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT AND GIVE THE STATEMENT TO THE PRESIDENT OF THE CORPORATION, OR HIS/HER DESIGNEE. THE DISCLOSURE STATEMENTS SHALL BE MADE AVAILABLE UPON REQUEST OF ANY PERSON. INFORMATION ABOUT CONFLICTS CONTAINED IN SUCH STATEMENTS SHALL BE DISTRIBUTED PERIODICALLY TO PERSONS, IN THE DISCRETION OF THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS HIRE AND PERFORM AN ANNUAL PERFORMANCE REVIEW AND SET GOALS WITH THE HEAD OF SCHOOL. COMPENSATION IS SET ACCORDINGLY AND ALSO CONSIDERS COMPARATIVE DATA FROM OTHER SIMILAR INSTITUTIONS. THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE SCHOOL'S OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR.