2014-10-10T14:06:17-05:00 2014-06-30 050353162 PICCERELLI GILSTEIN & CO LLP 144 WESTMINSTER STREET PROVIDENCE RI 029032282 990 2013-07-01 050259101 THE WHEELER SCHOOL WHEE 4014218100 216 HOPE STREET PROVIDENCE RI 029062246 GARY ESPOSITO BUSINESS MANAGER 4014218100 2014-10-03 1 WILLIAM J PICCERELLI P00008456 4018310200 2013 2015-11-30 17:44:51Z GARY ESPOSITO 216 HOPE STREET PROVIDENCE RI 029062246 34546352 0 X WWW.WHEELERSCHOOL.ORG X 1889 RI THE SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR GIRLS AND BOYS FROM NURSERY THROUGH GRADE TWELVE. 22 22 596 250 0 0 3597050 6432547 26085313 26543098 185452 -109368 -131409 -177881 29736406 32688396 4303842 4708216 0 0 15548153 16129630 18512 37737 1416363 5772783 6363845 25643290 27239428 4093116 5448968 69875496 85169605 7289597 12269892 62585899 72899713 X THE SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR GIRLS AND BOYS FROM NURSERY THROUGH GRADE TWELVE. CENTRAL TO THE SCHOOL'S PHILOSOPHY IS THE ASSUMPTION THAT ALL STUDENTS AND TEACHERS CAN AND SHOULD CONTRIBUTE TO AND DRAW FROM THE EXTRAORDINARY ENERGY AND VITALITY WHICH IS CHARACTERISTIC OF THIS COMMUNITY. ALTHOUGH PREPARATION FOR COLLEGE IS A PRIMARY GOAL OF THE UPPER SCHOOL, OUR PROGRAM IN ALL DIVISIONS IS INTENDED TO BE BOTH ACADEMICALLY RIGOROUS AND DEVELOPMENTALLY APPROPRIATE. WE BELIEVE THAT ALL THOSE WHO PARTICIPATE IN THE WHEELER EXPERIENCE WILL RECOGNIZE, CELEBRATE AND RESPECT THAT EACH MEMBER OF THE WHEELER COMMUNITY IS UNIQUE AS A LEARNER AND AS A PERSON,UNDERSTAND THAT THE HUMAN MIND IS CAPABLE OF THINKING AND CREATING IN MANY DIFFERENT WAYS, AND OUR MULTI-FACETED CURRICULUM ENCOURAGES EACH STUDENT TO EXPLORE HIS OR HER STRENGTHS AND WEAKNESSES IN THE CONTEXT OF A SUPPORTIVE ENVIRONMENT. OUR GOAL IS TO BUILD RELATIONSHIPS BASED ON APPRECIATION AND TRUST. 0 0 20277111 4708216 25838171 EDUCATIONAL SERVICES TO STUDENTS ATTENDING NURSERY THROUGH 12TH GRADE. THE SCHOOL ENROLLED 822 STUDENTS FOR THE YEAR OF WHICH 81 STUDENTS GRADUATED FROM THE CLASS OF 2014 AND 100% OF THOSE GRADUATING PURSUED A COLLEGE EDUCATION. ADMINISTRATION AND FACULTY PARTICIPATED IN SCHOOL SUPPORTED PROFESSIONAL DEVELOPMENT PROGRAMS. A STRONG VOLUNTEER GROUP OF OVER 250 HELPED THE SCHOOL ACHIEVE ITS ANNUAL GIVING GOALS. THE RELATIONSHIP OF TECHNOLOGY AND CURRICULUM WAS A MAJOR INITIATIVE IN ALL DIVISIONS OF THE SCHOOL. A CAPITAL IMPROVEMENT PROJECT WAS STARTED WHICH INVOLVED THE CONSTRUCTION OF A NEW CENTER FOR PERFORMING ARTS AND THE RENOVATION OF WHEELER HALL HOME OF THE THEATER AND VISUAL ARTS CLASSROOMS. 269590 403539 SUMMER CAMP - THE 2013 SUMMER CAMP ENROLLED AN AVERAGE OF 132 CAMPERS PER WEEK OVER THE COURSE OF AN 8-WEEK CAMP PERIOD. NEW PROGRAM INITIATIVES ATTRACTED CHILDREN NEW TO THE CAMP AND THE MARKET AREA FROM WHICH CHILDREN WERE DRAWN WAS EXPANDED AS A RESULT OF ENHANCED MARKETING EFFORTS. THE GOAL OF THE CAMP IS TO INTRODUCE PARENTS AND CHILDREN TO WHEELER AND TO PROVIDE NON-TUITION REVENUE TO SUPPORT ANNUAL OPERATIONS. 64781 246561 DAYCARE AND AFTER SCHOOL PROGRAMS SERVICE WHEELER STUDENTS IN NURSERY THROUGH GRADE 8, OPTIONS ARE AVAILABLE EVERY SCHOOL DAY FROM 11:30 AM TO 3:00 PM AND 3:00 PM TO 5:30 PM. ON AVERAGE 35 STUDENTS WERE ENROLLED PER DAY. AGE APPROPRIATE ACTIVITIES WERE OFFERED EVERY DAY. 20611482 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 596 1 0 0 0 0 0 1 1 0 0 1 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 MA X X GARY ESPOSITO BUSINESS MANAGER 4014218100 THE WHEELER SCHOOL 216 HOPE ST PROVIDENCE RI 029062246 GARY ESPOSITO ASST TREASURER/BUS MGR 50.00 X X 198125 0 30139 KATHERINE PELSON BOARD-SECRETARY 5.00 X X 0 0 0 LAURIE FLYNN ASSIST SEC/ASSIST DIR INST ADV/DIR PUB REL 50.00 X X 83260 0 13370 MARY MAGUIRE NOEL BOARD MEMBER 2.00 X 0 0 0 DAN MILLER BD MEM/HEAD OF SCHOOL 50.00 X X 339914 0 120390 GEOFFREY O'HARA BOARD MEMBER 2.00 X 0 0 0 LISA PIZZARELLO PRYOR BOARD MEMBER 2.00 X 0 0 0 MEREDITH CURREN BOARD PRESIDENT 5.00 X X 0 0 0 ABBOT STRANAHAN BOARD MEMBER 2.00 X 0 0 0 DENNIS COLEMAN BOARD MEMBER 2.00 X 0 0 0 HELENA FOULKES BOARD MEMBER 2.00 X 0 0 0 RORY SMITH BOARD-VICE PRESIDENT 2.00 X X 0 0 0 CLIFF WHITE BOARD-TREASURER 5.00 X X 0 0 0 JACKIE BESHAR BOARD MEMBER 2.00 X 0 0 0 JAMES KASE BOARD MEMBER 2.00 X 0 0 0 JAMES LOUSARARIAN BOARD MEMBER 2.00 X 0 0 0 RONALD ROTONDO BOARD MEMBER 2.00 X 0 0 0 FABIO CELADON BOARD MEMBER 2.00 X 0 0 0 RAYMOND URITESCU BOARD MEMBER 2.00 X 0 0 0 AL VERRECCHIA BOARD MEMBER 2.00 X 0 0 0 DANA CAZZANI BOARD MEMBER 2.00 X 0 0 0 CAROL CIMILLUCA BOARD MEMBER 2.00 X 0 0 0 ETIENNE MECHREFE BOARD MEMBER 2.00 X 0 0 0 KEN VOLPE BOARD MEMBER 2.00 X 0 0 0 LYNN WILLIAMS BOARD MEMBER 2.00 X 0 0 0 MARK HARRIS DIRECTOR OF AERIE PROGRAM 45.00 X 113907 0 64295 NEELTJE HENNEMAN HEAD OF UPPER SCHOOL 45.00 X 120266 0 16010 JUDITH POIRIER ASST HEAD OF SCHOOL 45.00 X 122019 0 19177 KATHLEEN WILSON DIRECTOR OF FINANCIAL OPER 50.00 X 113190 0 18525 PATRICIA MCLAUGHLIN DIR INSTITUTIONAL ADVANCEMENT 45.00 X 151718 0 18215 1242399 0 300121 7 0 1 0 DCK NORTH AMERICA LLC ONE PPG PLACE 27TH FLOOR PITTSBURGH PA 15222 DESIGN AND CONSTRUCTION 2293259 SAGE DINING SERVICES INC 1402 YORK RD STE100 LUTHERVILLE MD 210936018 CAFETERIA SERVICES 572628 SITE SPECIFIC LLC 45 DIKE STREET PROVIDENCE RI 02909 DESIGN, GENERAL CONTRACTOR AND CONSTRUCT 556207 ANNA BEHA ARCHITECTS INC 33 KINGSTON STREET BOSTON MA 02111 ARCHITECTURAL SERVICES 492074 PHALANX ENGINEERING INC 110A BYFIELD STREET WARWICK RI 02888 HEATING, AIR CONDITIONING AND PLUMBING S 290614 5 230984 6201563 875842 6432547 EDUCATION 611710 25832233 25832233 SUMMER CAMP 713990 403539 403539 DAYCARE 624410 246561 246561 FINANCE CHARGES 611710 58804 58804 MISCELLANEOUS 611710 1961 1961 26543098 492199 492199 1999 1999 120676 139446 -18770 -18770 -18770 771967 798538 576995 -26571 -576995 -603566 -603566 105944 230984 226999 -121055 -121055 77922 115978 -38056 -38056 32688396 26488271 0 -232422 4708216 4708216 1518964 285493 958555 274916 11803542 9238383 2035687 529472 697779 546463 121344 29972 1048508 853388 137183 57937 1060837 757277 240453 63107 17567 17567 49209 49209 37737 37737 76795 76795 255097 76659 169471 8967 63664 6441 57223 361156 269866 91290 29752 23621 6131 508785 286828 198054 23903 197669 177097 16462 4110 23465 174 20265 3026 187119 187119 1696603 1221554 373254 101795 177594 127497 39472 10625 CAFETERIA OUTSIDE SERVI 565822 565822 OTHER OPERATING AND MAI 240369 221879 18490 BREAKTHROUGH PROVIDENCE 199531 199531 OUTSIDE REPAIRS, SERVIC 171337 129525 32852 8960 1542311 915768 531710 94833 27239428 20611482 5211583 1416363 6600 241095 5409034 7488832 2727992 3112077 1099760 932103 11776 38925 67193 76030 511268 493333 56620080 15464772 34084868 41155308 25883303 31499680 73702 132222 69875496 85169605 1454069 2763534 1905923 2005926 3336975 6767400 49869 41754 83017 542761 608261 7289597 12269892 X 36045821 40567609 10676771 15758099 15863307 16574005 62585899 72899713 69875496 85169605 5448968 4864846 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 25996262 403072 5315287 11000 885674 76795 30741152 22348117 689236 3760427 735377 66141 25996262 22130361 644103 -68793 298850 58704 22348117 14380851 5216327 3055782 470180 52419 22130361 11630173 1369380 1424000 42702 14380851 0.17030 0.53880 0.29100 0 0 758181 758181 50720465 13056737 37663728 2181684 1206442 975242 590089 2369661 1201593 1758157 41155308 ENROLLMENT DEPOSITS 383500 DEFERRED COMPENSATION 224761 608261 X 38506058 0 38506058 -5817662 -5817662 32688396 28192244 952816 952816 27239428 0 27239428 PART IV, LINE 2B: STUDENT RAISED FUNDS ARE HELD BY THE SCHOOL. PART V, LINE 4: ENDOWMENT FUNDS INTENDED PURPOSES ARE: GENERAL OPERATIONS, LIBRARY, FACULTY SALARY, MISCELLANEOUS SUPPORT OF SCHOOL ACTIVITIES, PROFESSIONAL DEVELOPMENT, BREAKTHROUGH PROVIDENCE, AND FINANCIAL AND MINORITY AID. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE SCHOOL'S MANAGEMENT TO INTERNALLY MONITOR POSITIONS TAKEN BY THE SCHOOL TO DETERMINE WHETHER ANY ARE UNCERTAIN. A TAX POSITION IS TAKEN IF IT IS DETERMINED THAT THE POSITION WILL "MORE-LIKELY-THAN-NOT" BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE SCHOOL'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THERE WERE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS NOT CURRENTLY SUBJECT TO AUDITS FOR ANY TAX PERIODS. THE SCHOOL'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2009. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVENTORY COST OF GOODS SOLD -115,978. RENTAL EXPENSES -139,446. LOSS ON DISPOSAL/SALE OF ASSETS -603,566. FUNDRAISING EXPENSES -226,999. FMV OF DONATED AUCTION ITEMS - FUNDRAISING EVENT 106,610. NET UNREALIZED GAIN ON INVESTMENTS -4,838,276. ROUNDING ERROR -7. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 226,999. INVENTORY COST OF GOODS SOLD 115,978. RENTAL EXPENSES 139,446. LOSS ON DISPOSAL/SALE OF ASSETS 576,993. COST OF DONATED AUCTION ITEMS SOLD - FUNDRAISING EVENT -106,610. ROUNDING ERROR 10. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS DESCRIBED ON THE SCHOOL'S WEBSITE, IN THE PARENT DIRECTORY, ON EVERY APPLICATION FOR ADMISSIONS, IN EVERY ISSUE OF THE SCHOOL'S COMMUNITY MAGAZINE, AND ON THE OPEN HOUSE FLYERS. X X X X X X 1 DAVID CHASE PO BOX 116 CENTERVILLE MA 02632 CONSULTING 0 0 6928 0 ROBERT BURDENSKI 2736 N HAMPDEN CT 207 CHICAGO IL 60616 CONSULTING 0 0 5200 0 PAUL T ZEKOS 386 SOUTH STREET SHREWSBURY MA 01545 CONSULTING 0 0 18209 0 30337 RI MA BIG EVENT 336928 230984 105944 5837 43778 24760 152624 336928 230984 105944 5837 43778 24760 152624 226999 -121055 1 FINANCIAL AID 187 3115247 FINANCIAL AID ALLOWED TOWARD THE STUDENT'S TUITION FOR WHEELER SCHOOL TUITION REMISSION 56 1539020 TUITION REMISSION REDUCING AMOUNT OF THE STUDENT'S TUITION FOR WHEEL SCHOOL EDUCATIONAL FEES AND BOOKS 53 43523 EDUCATIONAL FEES AND BOOKS WAIVED AND SUPPLIED FOR THE STUDENT RECREATION 34 10426 CAMP FEES WAIVED FOR THE CAMPERS PART I, LINE 2: THE TUITION, BOOKS, EDUCATIONAL FEES, AND RECREATION ARE ALL USED DIRECTLY AT THE SCHOOL. THE ACCOUNTING SYSTEM MAINTAINS THE FINANCIAL RECORDS BY STUDENT TO ENSURE THE GRANTS ARE USED BY THE APPROPRIATE STUDENT. THE TUITION, ETC. IS NONREFUNDABLE, THEREFORE, ANY UNUSED GRANT WOULD REMAIN WITH THE SCHOOL. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 GARY ESPOSITO ASST TREASURER/BUS MGR 198125 0 0 0 0 0 13768 0 16371 0 228264 0 101633 0 DAN MILLER BD MEM/HEAD OF SCHOOL 309714 0 30200 0 0 0 17850 0 102540 0 460304 0 0 0 MARK HARRIS DIRECTOR OF AERIE PROGRAM 113907 0 0 0 0 0 8455 0 55840 0 178202 0 59280 0 PATRICIA MCLAUGHLIN DIR INSTITUTIONAL ADVANCEMENT 151718 0 0 0 0 0 10656 0 7559 0 169933 0 74423 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE HEAD OF SCHOOL. PART I, LINE 4B DEFERRED COMPENSATION TO THE HEAD OF SCHOOL. A RI HEALTH AND EDUCATIONAL BUILDING CORP SERIES 2013A 521300173 2013-09-18 4000000 SEE PART VI. 0 0 0 B RI HEALTH AND EDUCATIONAL BUILDING CORP SERIES 2013B 521300173 2013-09-18 4000000 SEE PART VI. 0 0 0 A 76063 3923937 0 0 0 1 B 4000000 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 X 11 236815 DONOR & STAFF VALUE X DONOR VALUE X 21 553232 DAYS AVG HIGH & LOW X 10 27080 DONOR VALUE X FACILITY STAY 14 36750 DONOR & STAFF VALUE X SPORTS 9 11310 DONOR VALUE X LESSONS 5 3070 DONOR VALUE X GIFT CERTIFIC 4 2437 DONOR VALUE X ENTERTAINMENT 5 2338 DONOR & STAFF VALUE X TICKETS 4 1375 DONOR & STAFF VALUE X EQUIPMENT 1 546 DONOR VALUE X JEWELRY 2 405 DONOR VALUE X DECOR FLAGS F 1 284 DONOR VALUE X PHOTOS 1 200 DONOR VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990, WITH CONTRIBUTOR NAMES AND ADDRESSES OMITTED ON SCHEDULE B, IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. ADDITIONALLY THE FORM IS PRESENTED BY OUR AUDITORS TO THE EXECUTIVE/FINANCE COMMITTEE OF THE BOARD OF TRUSTEES WHO SUBSEQUENTLY APPROVES THE FORM 990 AND COMMUNICATES TO THE ENTIRE BOARD OF TRUSTEES THAT THEY APPROVED THE FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY ALONG WITH ALL BOARD POLICIES ARE DISTRIBUTED AND EXPLAINED TO ALL NEW BOARD MEMBERS AT THE ANNUAL BOARD OF TRUSTEES ORIENTATION. THE DOCUMENTATION INCLUDES A DETAIL EXPLANATION OF THE POLICY AND ACTIONS TO BE TAKEN IF A CONFLICT SHOULD ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES, AS REPRESENTED BY THE EXECUTIVE COMMITTEE, OBTAINED COMPENSATION COMPARABILITY DATA FOR THE HEAD'S POSITION. THE MEMBERS WHO PARTICIPATED DID NOT HAVE ANY PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENT. THE COMPARABILITY DATA WAS 2010-2011 HEAD SALARY, INCLUDING DEFERRED COMPENSATION, FROM BENCHMARK SCHOOLS. THE DATA WAS REVIEWED AND THE COMMITTEE RECOMMENDED COMPENSATION LEVELS. THE COMMITTEE THEN APPROVED A 4 YEAR COMPENSATION PACKAGE. FOR OTHER EMPLOYEES, IN HIS CAPACITY AS CHIEF EXECUTIVE OFFICER, THE HEAD OF SCHOOL IS AUTHORIZED BY THE BOARD TO SET COMPENSATION LEVELS FOR ALL EMPLOYEES EXCLUDING HIMSELF. THE SALARY "POOL" FOR EMPLOYEE COMPENSATION IS APPROVED BY THE BOARD ANNUALLY AS PART OF THE ANNUAL OPERATING BUDGET APPROVAL PROCESS. THE ACTUAL COMPENSATION LEVEL ASSIGNED TO EACH EMPLOYEE IS BASED ON BENCHMARK STATISTICS OBTAINED ANNUALLY FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND INDEX BENCHMARK RESEARCH GROUP, A CONSULTING FIRM THAT FOR A FEE GATHERS BENCHMARK DATA ON SIMILARLY SIZED SCHOOLS. THERE WAS A 4% INCREASE TO THE SALARY POOL IN THE 2013/2014 FISCAL YEAR. PLUS AN ADDITIONAL 1/2% TO CONTINUE TO IMPROVE THE LEVEL OF FACULTY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, AND THE FINANCIAL STATEMENTS OF THE SCHOOL ARE MADE AVAILABLE TO THE PUBLIC ON GUIDESTAR.COM. THE CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.