HOTCHKISS SCHOOL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- HOTCHKISS SCHOOL (EIN 06-0647018)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-05
- IRS object ID
- 201411259349302006
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-05T15:46:35-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221478099 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 GLASTONBURY BOULEVARD | AddressLine1 |
| City | GLASTONBURY | City |
| State | CT | State |
| ZIP Code | 06033 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060647018 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HOTCHKISS SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOTC | NameControl |
| Phone | 8604352591 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 INTERLAKEN | AddressLine1 |
| City | LAKEVILLE | City |
| State | CT | State |
| ZIP Code | 060390800 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN P TUKE | Name |
| Title | CFO | Title |
| Phone | 8604352591 | Phone |
| Date Signed | 2014-02-26 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN TOSCANO | Name |
| PTIN | P00358542 | PTIN |
| Phone | 8606333000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN P TUKE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 INTERLAKEN | AddressLine1 |
| City | LAKEVILLE | City |
| State | CT | State |
| ZIP Code | 060390800 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 86706968 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HOTCHKISS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1891 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | THE SCHOOL STRIVES TO DEVELOP IN STUDENTS A LIFELONG LOVE OF LEARNING, RESPONSIBLE CITIZENSHIP AND PERSONAL INTEGRITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 472 | TotalNbrEmployees |
| Total Nbr Volunteers | 14 | TotalNbrVolunteers |
| Total Gross UBI | -671924 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -826370 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 15317803 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 25721179 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 26924425 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 28045125 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 14136668 | InvestmentIncomePriorYear |
| Investment Income Current Year | 18190327 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 3272280 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1648374 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 59651176 | TotalRevenuePriorYear |
| Total Revenue Current Year | 73605005 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8496659 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 8682911 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 25554260 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 27179751 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 26201 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4106578 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 23007896 | OtherExpensePriorYear |
| Other Expenses Current Year | 24353510 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 57085016 | TotalExpensesPriorYear |
| Total Expenses Current Year | 60216172 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2566160 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 13388833 | RevenuesLessExpensesCY |
| Total Assets BOY | 539942532 | TotalAssetsBOY |
| Total Assets EOY | 579112592 | TotalAssetsEOY |
| Total Liabilities BOY | 84227934 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 76341193 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 455714598 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 502771399 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE HOTCHKISS SCHOOL STRIVES TO DEVELOP IN STUDENTS A LIFELONG LOVE OF LEARNING, RESPONSIBLE CITIZENSHIP, AND PERSONAL INTEGRITY. WE ARE A COMMUNITY BASED ON TRUST, MUTUAL RESPECT, AND COMPASSION, AND WE HOLD ALL MEMBERS OF THE COMMUNITY ACCOUNTABLE FOR UPHOLDING THESE VALUES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 45388142 | Expense |
| Grants | 8682911 | Grants |
| Revenue | 29015776 | Revenue |
| Description | THE SCHOOL IS COMMITTED TO MASTERY OF LEARNING SKILLS, DEVELOPMENT OF INTELLECTUAL CURIOSITY, EXCELLENCE AND CREATIVITY IN ALL DISCIPLINES, AND ENTHUSIASTIC PARTICIPATION IN ATHLETICS AND OTHER SCHOOL ACTIVITIES. WE ENCOURAGE OUR STUDENTS TO DEVELOP CLARITY OF THOUGHT, CONFIDENCE AND FACILITY IN EXPRESSING IDEAS, AND ARTISTIC AND AESTHETIC SENSITIVITY. WE EXPECT ALL MEMBERS OF THE COMMUNITY, IN AND OUT OF THE CLASSROOM, TO SUBJECT THEIR VIEWS AND ACTIONS TO CRITICAL EXAMINATION AND TO ACCEPT RESPONSIBILITY FOR THEM. WE HOPE THAT OUR GRADUATES WILL LEAVE HOTCHKISS WITH A COMMITMENT TO SERVICE TO OTHERS AND TO ENVIRONMENTAL STEWARDSHIP, AND WITH A GREATER UNDERSTANDING OF THEMSELVES AND OF THEIR RESPONSIBILITIES IN A GLOBAL SOCIETY. THE ENROLLMENT FOR THE TAX YEAR WAS APPROXIMATELY 593 STUDENTS. | Description |
| Total Program Service Expense | 45388142 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 1 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 217 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 472 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHARON L ZAMPKO CONTROLLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8604353166 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 INTERLAKEN ROAD | AddressLine1 |
| City | LAKEVILLE | City |
| State | CT | State |
| ZIP Code | 060390800 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| THOMAS C BARRY | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| KATHERYN ALLEN BERLANDI | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| IAN R DESAI | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| THOMAS J EDELMAN | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| WILLIAM R ELFERS | ||||||||
| VICE PRESIDENT | 3.00 | X | 0 | 0 | 0 | X | ||
| JOHN E ELLIS III MD | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| LAWRENCE FLINN JR | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| DIANA GOMEZ | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| SEAN M GORMAN | ||||||||
| SECRETARY | 3.00 | X | 0 | 0 | 0 | X | ||
| JOHN P GRUBE | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| ELIZABETH GARDNER HINES | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| FIROOZEH KASHANI-SABET | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| ELEANOR GREEN LONG | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| FORREST E MARS JR | ||||||||
| VICE PRESIDENT | 3.00 | X | 0 | 0 | 0 | X | ||
| CHRISTOPHER H MELEDANDRI | ||||||||
| VICE PRESIDENT | 3.00 | X | 0 | 0 | 0 | X | ||
| KENDRA S O'DONNELL | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| THOMAS S QUINN III | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| JEAN WEINBERG ROSE | ||||||||
| PRESIDENT | 3.00 | X | 0 | 0 | 0 | X | ||
| ROGER K SMITH | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| JANE SOMMERS-KELLY | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| MARJO TALBOTT | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| JOHN L THORNTON | ||||||||
| OFFICER AT LARGE | 3.00 | X | 0 | 0 | 0 | X | ||
| WILLIAM B TYREE | ||||||||
| TREASURER | 3.00 | X | 0 | 0 | 0 | X | ||
| DANIEL JWILNER | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| MALCOLM H MCKENZIE | ||||||||
| HEAD OF SCHOOL | 50.00 | X | 303803 | 0 | 177459 | X | ||
| JOHN TUKE | ||||||||
| CHIEF FINANCIAL OFFICER | 50.00 | 249088 | 0 | 97511 | X | |||
| KEVIN HICKS | ||||||||
| ASSOC HEAD OF SCHOOL | 50.00 | 152513 | 0 | 64235 | X | |||
| JOSEPH P FLYNN | ||||||||
| CHIEF ADVANCEMENT OFFICER | 50.00 | 211463 | 0 | 123078 | X | |||
| JARED ZELLMAN | ||||||||
| PHYSICIAN | 50.00 | 163428 | 0 | 38073 | X | |||
| JON P OSTENDORF | ||||||||
| DIRECTOR OF TECHNOLOGY | 50.00 | 159247 | 0 | 65526 | X | |||
| JOHN C VIRDEN III | ||||||||
| DEAN OF STUDENTS | 50.00 | 156226 | 0 | 28743 | X | |||
| MERRIT HEMINGWAY MERRIMAN II | ||||||||
| CONTROLLER | 50.00 | 141156 | 0 | 39627 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1536924 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 634252 | TotalOtherCompensation |
| Number Individuals GT100 K | 21 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| O&G INDUSTRIES INC | |||||
| 112 WALL STREET | TORRINGTON | CT | 06790 | CONSTRUCTION | 7012708 |
| SODEXO | |||||
| P O BOX 360170 | PITTSBURGH | PA | 15251 | FOOD SERVICES | 2533582 |
| STERNROBERT AM ARCHITECTS | |||||
| 460 WEST 34TH STREET | NEW YORK | NY | 10001 | ARCHITECTUAL, DESIGN SERVICES | 1162789 |
| CAMBRIDGE ASSOCIATES LLC | |||||
| PO BOX 83232 | CHICAGO | IL | 60691 | INVESTMENT ADVISORY | 661484 |
| SILKTOWN ROOFING INC | |||||
| 27 PLEASANT STREET | MANCHESTER | CT | 06040 | ROOF CONTRACTOR | 504537 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 21 | NumberOfContractorsGT100K |
| All Other Contributions | 25721179 | AllOtherContributions |
| Noncash Contributions | 11473955 | NoncashContributions |
| Total Contributions | 25721179 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 611110 | BusinessCode |
| Total Revenue Column | 28045125 | TotalRevenueColumn |
| Related Or Exempt Function Income | 28045125 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 28045125 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3622562 | TotalRevenueColumn |
| Exclusion | $3,622,562 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16626194 | Securities |
| Other | 10305862 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12306713 | Securities |
| Other | 57578 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4319481 | Securities |
| Other | 10248284 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14567765 | TotalRevenueColumn |
| Unrelated Business Revenue | 55324 | UnrelatedBusinessRevenue |
| Exclusion | $14,512,441 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 727571 | GrossSalesOfInventory |
| Cost Of Goods Sold | 737672 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -10101 | TotalRevenueColumn |
| Exclusion | -$10,101 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|---|
| STUDENT FEES AND OTHER | 900099 | 1334869 | 970651 | $364,218 | |
| CHILD CARE INCOME | 611710 | 210416 | $210,416 | ||
| GOLF COURSE INCOME | 713910 | 102170 | 102170 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11020 | TotalRevenueColumn |
| Unrelated Business Revenue | -829418 | UnrelatedBusinessRevenue |
| Exclusion | $840,438 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1658475 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 73605005 | TotalRevenueColumn |
| Related Or Exempt Function Income | 29015776 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -671924 | UnrelatedBusinessRevenue |
| Exclusion | $19,539,974 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8682911 | Total |
| Program Services | 8682911 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 799944 | Total |
| Program Services | 44850 | ProgramServices |
| Management And General | 625396 | ManagementAndGeneral |
| Fundraising | 129698 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18522622 | Total |
| Program Services | 14622436 | ProgramServices |
| Management And General | 1708814 | ManagementAndGeneral |
| Fundraising | 2191372 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2051707 | Total |
| Program Services | 1619648 | ProgramServices |
| Management And General | 189301 | ManagementAndGeneral |
| Fundraising | 242758 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4414171 | Total |
| Program Services | 2955031 | ProgramServices |
| Management And General | 1016272 | ManagementAndGeneral |
| Fundraising | 442868 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1391307 | Total |
| Program Services | 1098349 | ProgramServices |
| Management And General | 128356 | ManagementAndGeneral |
| Fundraising | 164602 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 292559 | Total |
| Management And General | 292559 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88362 | Total |
| Management And General | 88362 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1679295 | Total |
| Management And General | 1679295 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1594807 | Total |
| Program Services | 1039119 | ProgramServices |
| Management And General | 466096 | ManagementAndGeneral |
| Fundraising | 89592 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61032 | Total |
| Program Services | 59512 | ProgramServices |
| Management And General | 1520 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3595679 | Total |
| Program Services | 2963939 | ProgramServices |
| Management And General | 237861 | ManagementAndGeneral |
| Fundraising | 393879 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 580939 | Total |
| Program Services | 580939 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3595346 | Total |
| Program Services | 3593912 | ProgramServices |
| Management And General | 134 | ManagementAndGeneral |
| Fundraising | 1300 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 570417 | Total |
| Program Services | 252672 | ProgramServices |
| Management And General | 126864 | ManagementAndGeneral |
| Fundraising | 190881 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40588 | Total |
| Fundraising | 40588 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1293003 | Total |
| Management And General | 1293003 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6213845 | Total |
| Program Services | 4821444 | ProgramServices |
| Management And General | 1392401 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 617168 | Total |
| Management And General | 617168 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| UBIT PAID | 287801 | 287801 | ||
| INSTRUCTIONAL EXPENSES | 1659345 | 1659345 | ||
| MISCELLANEOUS | 774796 | 228337 | 481808 | 64651 |
| STUDENT ACTIVITIES & SE | 416103 | 416103 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 992425 | Total |
| Program Services | 461794 | ProgramServices |
| Management And General | 376242 | ManagementAndGeneral |
| Fundraising | 154389 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60216172 | Total |
| Program Services | 45388142 | ProgramServices |
| Management And General | 10721452 | ManagementAndGeneral |
| Fundraising | 4106578 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92260 | BOY |
| EOY | 96169 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3859422 | BOY |
| EOY | 6020733 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19680632 | BOY |
| EOY | 14872861 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 294948 | BOY |
| EOY | 278370 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 372856 | BOY |
| EOY | 290395 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 461714 | BOY |
| EOY | 474016 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1365754 | BOY |
| EOY | 901818 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 227350633 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 73043717 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155890776 | BOY |
| EOY | 154306916 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51712357 | BOY |
| EOY | 59452829 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 306211813 | BOY |
| EOY | 331799828 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 10618657 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 539942532 | BOY |
| EOY | 579112592 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4178600 | BOY |
| EOY | 2579062 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6258557 | BOY |
| EOY | 5557608 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34729463 | BOY |
| EOY | 34744002 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39061314 | BOY |
| EOY | 33460521 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84227934 | BOY |
| EOY | 76341193 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 263634204 | BOY |
| EOY | 286738074 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75663211 | BOY |
| EOY | 95228013 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116417183 | BOY |
| EOY | 120805312 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 455714598 | BOY |
| EOY | 502771399 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 539942532 | BOY |
| EOY | 579112592 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 13388833 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 37154211 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -3486243 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation For Public Use | X | PreservationForPublicUse |
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 260.00 | TotalAcreage |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | 1 | Sect170hRequirementsSatisfied |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 357924170 | BeginningOfYearBalance |
| Contributions | 13189757 | Contributions |
| Investment Earnings Or Losses | 44808453 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5580043 | GrantsOrScholarships |
| Other Expenditures | 17410385 | OtherExpenditures |
| Administrative Expenses | 1679295 | AdministrativeExpenses |
| End Of Year Balance | 391252657 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 377478176 | BeginningOfYearBalance |
| Contributions | 11819594 | Contributions |
| Investment Earnings Or Losses | -653583 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5861525 | GrantsOrScholarships |
| Other Expenditures | 23417805 | OtherExpenditures |
| Administrative Expenses | 1440687 | AdministrativeExpenses |
| End Of Year Balance | 357924170 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 328573994 | BeginningOfYearBalance |
| Contributions | 11507329 | Contributions |
| Investment Earnings Or Losses | 61798572 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4972386 | GrantsOrScholarships |
| Other Expenditures | 17667321 | OtherExpenditures |
| Administrative Expenses | 1762012 | AdministrativeExpenses |
| End Of Year Balance | 377478176 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 320900125 | BeginningOfYearBalance |
| Contributions | 7765529 | Contributions |
| Investment Earnings Or Losses | 26563271 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4202108 | GrantsOrScholarships |
| Other Expenditures | 21048325 | OtherExpenditures |
| Administrative Expenses | 1404498 | AdministrativeExpenses |
| End Of Year Balance | 328573994 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 418765878 | BeginningOfYearBalance |
| Contributions | 6388206 | Contributions |
| Investment Earnings Or Losses | -85637012 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5475175 | GrantsOrScholarships |
| Other Expenditures | 11398520 | OtherExpenditures |
| Administrative Expenses | 1743252 | AdministrativeExpenses |
| End Of Year Balance | 320900125 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.51300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.29300 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.19400 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3011287 | OtherCostOrOtherBasis |
| Book Value | 3011287 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 192331658 | OtherCostOrOtherBasis |
| Depreciation | 73043717 | Depreciation |
| Book Value | 119287941 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28679483 | OtherCostOrOtherBasis |
| Book Value | 28679483 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3328205 | OtherCostOrOtherBasis |
| Book Value | 3328205 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 154306916 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENTS IN LIMITED PARTNERSHIPS | Description |
| Book Value | 331799828 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 331799828 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE OBLIGATION | $74,352 |
| INTEREST RATE SWAP | $7,900,024 |
| POST RETIREMENT HEALTH BENEFITS | $20,751,702 |
| DEPOSITS - PREPAID STUDENT EXPENSES | $2,559,435 |
| OTHER | $2,175,008 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 33460521 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 97543292 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 37154211 | NetUnrealizedGainsInvestments |
| Other Revenues | 7750965 | OtherRevenues |
| Revenue Not Rptd F990 | 44905176 | RevenueNotRptdF990 |
| Revenue Subtotal | 52638116 | RevenueSubtotal |
| Investment Expenses Not Included | 1967096 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 18999793 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 20966889 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 73605005 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 50486491 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 920326 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 920326 | ExpensesNotRptdF990 |
| Expenses Subtotal | 49566165 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 1967096 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 8682911 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 10650007 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 60216172 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF EASEMENTS ENFORCEMENT POLICIES: | PART II, LINE 5: | THE EASEMENT IS PART OF A PARCEL OF LAND PURCHASED BY THE SCHOOL IN 2004. IT HAD BEEN CREATED IN THE 1980'S BY THE OWNER OF THE LAND AT THAT POINT IN TIME AND THE LOSS OF ECONOMIC VALUE OF THE EASEMENT HAD BEEN REFLECTED IN THE APPRAISED VALUE OF THE PARCEL. THIS APPRAISAL SERVED AS THE BASIS OF THE PURCHASE PRICE. THE LAND IS REPORTED ON THE SCHOOL'S STATEMENT OF FINANCIAL POSITION AT PURCHASED COST. |
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | INCOME FROM ENDOWMENT FUNDS IS DRAWN IN ACCORDANCE WITH THE SCHOOL'S SPENDING POLICY AND USED IN ACCORDANCE WITH DONOR-IMPOSED STIPULATIONS OR, IN THE ABSENCE THEREOF, TO SUPPORT THE SCHOOL'S GENERAL OPERATING EXPENSES, INCLUDING SALARIES, FINANCIAL AID AND FACILITIES MAINTENANCE. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE SCHOOL ACCOUNTS FOR UNCERTAIN INCOME TAX PROVISIONS INCLUDED IN ACCOUNTING STANDARDS CODIFICATION ("ASC") 740. ASC 740 PRESCRIBES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. TAX POSITIONS MUST MEET A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD TO BE RECOGNIZED. THERE ARE NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2012 AND 2013. THE SCHOOL'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL 2010 ARE NO LONGER SUBJECT TO AUDIT. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 737,672. LOSS ON DISPOSAL OF ASSETS 57,578. CHANGE IN VALUE OF CRUTS 566,494. SWAP 3,391,558. CHANGE IN VALUE OF POST RETIREMENT BENEFIT OBLIGATION 2,997,663. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL ASSISTANCE 8,682,911. PARTNERSHIP BOOK VS. TAX DIFFERENCE 10,316,882. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 737,672. LOSS ON DISPOSAL OF ASSETS 57,578. PROVISION FOR UNCOLLECTIBLE PLEDGES 125,076. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL ASSISTANCE 8,682,911. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | THE SCHOOL PUBLICIZES THE POLICY ALONG WITH OTHER AREA SCHOOLS IN THE LOCAL NEWSPAPER. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN - | 0 | 0 | INVESTMENTS | 64420000 |
| EUROPE | 0 | 0 | INVESTMENTS | 8280000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 72700000 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 72700000 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | SCHEDULE F, PART I, LINE 3(D) | ReturnReference |
| Explanation | INVESTMENTS INCLUDED IN THIS SECTION REFER TO INVESTMENT HOLDINGS INCLUDED IN THE SCHOOL'S ENDOWMENT PORTFOLIO. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| SCHOLARSHIPS | 221 | 8484073 | FAIR VALUE | FINANCIAL ASSISTANCE |
| SUMMER SCHOOL SCHOLARSHIPS | 198838 | FAIR VALUE | FINANCIAL ASSISTANCE |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE HOTCHKISS SCHOOL HAS DEDICATED AN INDIVIDUAL IN THE ADMISSIONS OFFICE TO WORK SOLELY WITH FINANCIAL AID. FINANCIAL AID AWARDS ARE ALSO TRACKED ON AN INDIVIDUAL BASIS IN THE BUSINESS OFFICE FOR BILLING PURPOSES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MALCOLM H MCKENZIE | ||||||||||||||
| HEAD OF SCHOOL | 301303 | 0 | 0 | 0 | 2500 | 0 | 45163 | 0 | 132296 | 0 | 481262 | 0 | 0 | 0 |
| JOHN TUKE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | 249088 | 0 | 0 | 0 | 0 | 0 | 44599 | 0 | 52912 | 0 | 346599 | 0 | 0 | 0 |
| KEVIN HICKS | ||||||||||||||
| ASSOC HEAD OF SCHOOL | 152513 | 0 | 0 | 0 | 0 | 0 | 17709 | 0 | 46526 | 0 | 216748 | 0 | 0 | 0 |
| JOSEPH P FLYNN | ||||||||||||||
| CHIEF ADVANCEMENT OFFICER | 211463 | 0 | 0 | 0 | 0 | 0 | 41526 | 0 | 81552 | 0 | 334541 | 0 | 0 | 0 |
| JARED ZELLMAN | ||||||||||||||
| PHYSICIAN | 163428 | 0 | 0 | 0 | 0 | 0 | 24061 | 0 | 14012 | 0 | 201501 | 0 | 0 | 0 |
| JON P OSTENDORF | ||||||||||||||
| DIRECTOR OF TECHNOLOGY | 159247 | 0 | 0 | 0 | 0 | 0 | 22797 | 0 | 42729 | 0 | 224773 | 0 | 0 | 0 |
| JOHN C VIRDEN III | ||||||||||||||
| DEAN OF STUDENTS | 153726 | 0 | 0 | 0 | 2500 | 0 | 21578 | 0 | 7165 | 0 | 184969 | 0 | 0 | 0 |
| MERRIT HEMINGWAY MERRIMAN II | ||||||||||||||
| CONTROLLER | 141156 | 0 | 0 | 0 | 0 | 0 | 18992 | 0 | 20635 | 0 | 180783 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | FOR THE BENEFIT AND CONVENIENCE OF THE SCHOOL IN HAVING THE FUNCTIONS OF SENIOR ADMINISTRATION EFFICIENTLY DISCHARGED AND AS A CONDITION OF THEIR EMPLOYMENT, MOST SENIOR ADMINISTRATORS ARE PROVIDED WITH ON-CAMPUS RESIDENCES AT THE SCHOOL'S EXPENSE. FOR THE CONVENIENCE OF THE SCHOOL, THESE RESIDENCES ARE READILY AVAILABLE AND USED FOR SCHOOL-RELATED BUSINESS AND ENTERTAINMENT FUNCTIONS ON A REGULAR AND CONTINUING BASIS. AS STIPULATED IN THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT, CERTAIN TRAVEL AND ADVISORY EXPENSES ARE BORNE BY THE SCHOOL AND APPROPRIATELY REPORTED AS TAXABLE COMPENSATION TO THE HEAD OF SCHOOL. NONTAXABLE BENEFITS ALSO INCLUDE CERTAIN TUITION REMISSION AMOUNTS, IN ACCORDANCE WITH INTERNAL REVENUE CODE SECTION 117(D). | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| JUDITH CROUCH | |||
| WIFE, HEAD OF SCHOOL | 55737 | COMPENSATION PAID IN CONNECTION WITH ADMINISTRATIVE SUPPORT FOR FUNDRAISING ACTIVITIES. | 0 |
| MINDFUL WARRIOR | |||
| OWNER OF THIS COMPANY IS THE SPOUSE OF A KEY EMPLOYEE OF THE SCHOOL | 38200 | THE COMPANY PROVIDED STUDENT LEADERSHIP DEVELOPMENT PROGRAMS TO THE SCHOOL | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 25 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2564877 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenues |
Securities Prtnrshp Trust Intrsts SecuritiesPrtnrshpTrustIntrsts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 8484902 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: | PART I, COLUMN (B): | THE AMOUNT REPORTED ON LINE 11 REPRESENTS THE RECEIPT OF A BENEFICIAL INTEREST IN A CHARITABLE REMAINDER UNITRUST. |
| THIRD PARTY USE: | PART I, LINE 32B: | THE SCHOOL MAINTAINS AN ACCOUNT WITH A FINANCIAL INSTITUTION THROUGH WHICH GIFTS OF APPRECIATED SECURITIES ARE RECEIVED AND LIQUIDATED. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | AUTHORITY TO APPROVE THE 990 IS DELEGATED TO THE AUDIT COMMITTEE BY THE BOARD. THE AUDIT COMMITTEE REVIEWS IN DETAIL WITH SCHOOL MANAGEMENT AND ITS AUDITORS. COPIES OF THE 990 ARE THEN MADE AVAILABLE TO ALL TRUSTEES PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CFO COLLECTS AND REVIEWS ALL COMPLETED FORMS, AND THEN PASSES THEM ON TO THE PRESIDENT AND SECRETARY OF THE BOARD AND TO THE HEAD OF SCHOOL. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HEAD OF SCHOOL AND PERIODICALLY THE BOARD'S COMMITTEE FOR ORGANIZATIONAL REVIEW AND NOMINATING REVIEW MARKET DATA FROM COMPARABLE INSTITUTIONS FOR THE TOP 20 OR SO PAID EMPLOYEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT ITS ADMINISTRATIVE OFFICES IN LAKEVILLE, CT. | |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SWAP AGREEMENT 3,391,558. CHANGE IN VALUE OF POST RETIREMENT BENEFIT OBLIGATION 2,997,663. PARTNERSHIP BOOK VS. TAX DIFFERENCE -10,316,882. PROVISION FOR UNCOLLECTIBLE PLEDGES -125,076. CHANGE IN VALUE OF CRUTS 566,494. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THE SCHOOL HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR. |