2013-04-12T14:57:05-05:00 2012-08-31 221478099 COHNREZNICK LLP 180 GLASTONBURY BOULEVARD GLASTONBURY CT 06033 990 2011-09-01 050270487 THE WINCHENDON SCHOOL INC WINC 9782971223 172 ASH STREET WINCHENDON MA 01475 JOHN KERNEY 9782971223 2013-04-06 1 JOHN TOSCANO CPA P00358542 8606333000 2011 2016-03-07 17:11:31Z JOHN KERNEY 172 ASH STREET WINCHENDON MA 01475 20893191 0 X WWW.WINCHENDON.ORG X 1962 MA TO PROVIDE EDUCATIONAL SERVICES IN PREPARING YOUNG MEN AND WOMEN FOR HIGHER EDUCATION. 20 19 141 0 671820 -537109 2163197 334107 10992369 11258335 1042488 1001972 2072271 659025 16270325 13253439 0 2468882 0 0 4621779 5098339 0 0 555861 7275474 4892793 11897253 12460014 4373072 793425 48287988 51467449 13037919 14190175 35250069 37277274 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 9922352 2468882 11180296 TO PROVIDE EDUCATIONAL SERVICES IN PREPARING APPROXIMATELY 250 YOUNG MEN AND WOMEN FOR HIGHER EDUCATION. 9922352 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 0 1 30 0 1 141 1 1 1 0 0 0 0 1 1 0 0 0 0 X 20 19 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 KERNEY 55.00 X X 181063 0 30475 JOSEPH T DOCKERY 5.00 X X 0 0 0 CHRISTOPHER K FRAME 5.00 X X 0 0 0 KARL WINTERS 5.00 X X 0 0 0 GLENN A HUNT 5.00 X X 0 0 0 SHEIHKA DANA NASSAR AL-SABAH 5.00 X 0 0 0 D CANE CALLON 5.00 X 0 0 0 COLIN CLAPTON 5.00 X 0 0 0 GEORGE W ELKINS 5.00 X 0 0 0 GEORGE J LADEAU 5.00 X 0 0 0 TRACY MATHIEU HUFFMAN 5.00 X 0 0 0 SEAN M MURPHY 5.00 X 0 0 0 TERRY NATHAN 5.00 X 0 0 0 JOHN D NGUYEN 5.00 X 0 0 0 DONNA RITCHIE 5.00 X 0 0 0 SAMUEL ROBINSON II 5.00 X 0 0 0 VINNIE RUSCHIONI 5.00 X 0 0 0 ASMA TAHIR 5.00 X 0 0 0 PETER VILLARI 5.00 X 0 0 0 GAIL P WHIPPLE 5.00 X 0 0 0 PAMELA S BLAIR 50.00 X 110936 0 25842 291999 0 56317 2 0 1 0 DELLBROOK CONSTRUCTION 536 GRANITE STREET BRAINTREE MA 02184 CONSTRUCTION 1464539 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 DINING SERVICES 772255 SCOTT & SCOTT 165 WEST STREET WINCHENDON MA 01475 REHAB SPECIALIST BUILDERS 137331 3 334107 12550 334107 TUITION & FEES 611710 10872714 10872714 SUMMER SCHOOL & CAMPS 611710 385621 307359 78262 11258335 657398 657398 7863069 121257 7502059 137693 361010 -16436 344574 344574 GREENS FEES AND CART R 713910 194377 194377 PRO SHOP SALES 713910 145354 145354 GOLF COURSE MEMBERSHIP 713910 134903 134903 184391 223 118924 65244 659025 13253439 11180296 671820 1067216 2468882 2468882 221911 110957 66574 44380 3608777 2842189 518389 248199 193263 153417 26431 13415 731662 567518 107450 56694 342726 266357 52980 23389 38879 38879 37474 37474 109814 109814 78580 78580 14220 1171 13049 153731 50072 103659 104733 73862 20581 10290 1034021 970846 56858 6317 49437 14593 34844 268951 201713 67238 984592 886133 88613 9846 177502 177502 FOOD SERVICE AND RELATE 791984 791984 ADMISSIONS DEPARTMENTAL 320548 320548 EDUCATIONAL EXPENSES AN 159330 159330 PRO SHOP 155801 155801 413196 207527 97182 108487 12460014 9922352 1981801 555861 1954858 3282421 1151188 1403604 814402 8350 1608601 12279 18737 27310 313814 229898 29261610 9003948 20554901 20257662 22626616 25335717 79545 75534 48287988 51467449 833823 941041 5892109 8398237 6264596 3495891 1000562 47391 354444 13037919 14190175 X 33086250 35784367 572224 537115 1591595 955792 35250069 37277274 48287988 51467449 X 793425 1233780 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 491039 104106 73256 668401 249991 170385 70663 491039 249990 249990 249990 249990 0.00000 0.84000 0.16000 0 0 826418 826418 26808983 8016007 18792976 1546029 987941 558088 80180 80180 20257662 CAPITAL LEASES PAYABLE 34754 CUSTODIAL LIABILITIES 319690 354444 13253439 12460014 793425 1605596 -371816 1233780 2027205 12280339 1605596 1605596 10674743 109814 2468882 2578696 13253439 9881318 0 9881318 109814 2468882 2578696 12460014 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AT AUGUST 31, 2012. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2009 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 XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,468,882. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,468,882. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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 32 STUDENT PLACEMENT 119252 SOUTH AMERICA 0 2 STUDENT PLACEMENT 2639 RUSSIA & THE NEWLY INDEPENDENT STATES 0 1 STUDENT PLACEMENT 650 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 STUDENT PLACEMENT 5278 0 36 0 0 0 36 127819 0 127819 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ACCRUAL BASIS OF ACCOUNTING 1 FINANCIAL AID 86 2468882 CASH VALUE TUITION DISCOUNT PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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. FORM 990, SCHEDULE I, PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNS IN THE UNITED STATES: X 1 1 X X X 0 0 0 0 0 0 0 0 0 JOHN KERNEY 181063 0 0 0 0 0 16574 0 13901 0 211538 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. MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2010-11-23 6500000 DORMITORY CONSTRUCTION AND REPAYMENT OF DEBT 0 0 0 3004109 3495891 0 0 0 0 0 0 0 0 0 MARILY KERNEY SPOUSE OF HEAD OF SCHOOL 21809 PROVIDES ADMINISTRATIVE SUPPORT FOR AND IN VARIOUS AREAS, NCLUDING THE BOARD OF TRUSTEES, STUDENT BODY, FUNDRAISING AND THE OVERALL WINCHENDON COMMUNITY. 0 FORM 990, PART VI, SECTION A, LINE 2 THE BOARD TREASURER IS EMPLOYED BY A BUSINESS OWNED BY THE BOARD PRESIDENT; THE BOARD CLERK 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,605,596. PRIOR PERIOD ADJUSTMENTS: -371,816. TOTAL TO FORM 990, PART XI, LINE 5: 1,233,780. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED IT'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.