2013-10-31T12:10:37-05:00 2013-06-30 050353162 PICCERELLI GILSTEIN & CO LLP 144 WESTMINSTER STREET PROVIDENCE RI 029032282 990 2012-07-01 050259101 THE WHEELER SCHOOL WHEE 4014218100 216 HOPE STREET PROVIDENCE RI 029062246 GARY ESPOSITO 4014218100 2013-10-25 1 WILLIAM J PICCERELLI P00008456 4018310200 2012 2016-03-07 17:11:31Z GARY ESPOSITO 216 HOPE STREET PROVIDENCE RI 029062246 31761116 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 22 574 243 0 0 4984019 3597050 23947277 26085313 182135 185452 -123491 -131409 28989940 29736406 3938952 4303842 0 0 14601851 15548153 15500 18512 1357057 5546683 5772783 24102986 25643290 4886954 4093116 63150247 69875496 8029959 7289597 55120288 62585899 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 19075383 4293995 25319365 EDUCATIONAL SERVICES TO STUDENTS ATTENDING NURSERY THROUGH 12TH GRADE. THE WHEELER SCHOOL ENROLLED 840 STUDENTS FOR THE YEAR. 81 STUDENTS GRADUATED FROM THE CLASS OF 2012 AND 100% OF THOSE STUDENTS PURSUED A COLLEGE EDUCATION. STRIDES WERE MADE TO INSTITUTE NEW CURRICULUM IN ALL DIVISIONS OF THE SCHOOL, 15% OF EMPLOYEES PARTICIPATED IN SCHOOL SUPPORTED PROFESSIONAL DEVELOPMENT PROGRAMS AND A STRONG VOLUNTEER GROUP OF OVER 243 HELPED THE SCHOOL ACHIEVE ITS ANNUAL GIVING GOALS. MAJOR RENOVATION OF THE UPPER SCHOOL WAS COMPLETED. 299835 9847 481893 SUMMER CAMP - THE 2012 SUMMER CAMP ENROLLED AN AVERAGE OF 146 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. 37997 229798 DAYCARE AND AFTER SCHOOL PROGRAMS SERVICE WHEELER STUDENTS IN GRADES K THROUGH 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. 19413215 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 1 574 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 1 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 50.00 X X 185933 0 29304 KATHERINE PELSON 5.00 X X 0 0 0 LAURIE FLYNN 50.00 X X 78862 0 12927 DEBORAH ALLINSON 2.00 X 0 0 0 RENEE EVANGELISTA 2.00 X 0 0 0 MARY MAGUIRE NOEL 2.00 X 0 0 0 DAN MILLER 50.00 X X 311823 0 117195 GEOFFREY O'HARA 2.00 X 0 0 0 LISA PIZZARELLO PRYOR 2.00 X 0 0 0 ANDREW HIRSCH 2.00 X 0 0 0 DOUGLAS MANCOSH 2.00 X 0 0 0 MEREDITH CURREN 5.00 X X 0 0 0 ABBOT STRANAHAN 2.00 X 0 0 0 DENNIS COLEMAN 2.00 X 0 0 0 HELENA FOULKES 2.00 X 0 0 0 RORY SMITH 2.00 X X 0 0 0 CLIFF WHITE 5.00 X X 0 0 0 JACKIE BESHAR 2.00 X 0 0 0 JAMES KASE 2.00 X 0 0 0 JAMES LOUSARARIAN 2.00 X 0 0 0 RONALD ROTONDO 2.00 X 0 0 0 FABIO CELADON 2.00 X 0 0 0 KIM DISTEFANO 2.00 X 0 0 0 RAYMOND URITESCU 2.00 X 0 0 0 AL VERRECCHIA 2.00 X 0 0 0 MARK HARRIS 45.00 X 108257 0 55445 NEELTJE HENNEMAN 45.00 X 115898 0 15555 JUDITH POIRIER 45.00 X 116917 0 18633 KATHLEEN WILSON 50.00 X 108257 0 17890 1025947 0 266949 6 0 1 0 DCK NORTH AMERICA LLC ONE PPG PLACE 27TH FLOOR PITTSBURGH PA 15222 DESIGN AND CONSTRUCTION 1681974 SAGE DINING SERVICES INC 222 BOSLEY AVENUE STE B-7 TOWSON MD 21204 CAFETERIA SERVICES 545814 ANNA BEHA ARCHITECTS INC 33 KINGSTON STREET BOSTON MA 02111 ARCHITECTURAL SERVICES 436140 HR CONCEPTS LLC 111 CHARLES STREET MANCHESTER NH 03101 HRA SERVICER 258279 TREMBLAY'S BUS CO INC 284 MYRTLE STREET NEW BEDFORD MA 02746 TRANSPORTATION SERVICES 188149 5 257805 3339245 392175 3597050 EDUCATION 611710 25311071 25311071 SUMMER CAMP 713990 481893 481893 DAYCARE 624410 229798 229798 FINANCE CHARGES 611710 54788 54788 MISCELLANEOUS 611710 7763 7763 26085313 427304 427304 887 887 111878 132650 -20772 -20772 -20772 1355084 1383304 214519 -28220 -214519 -242739 -242739 91699 257805 167964 -76265 -76265 91901 126273 -34372 -34372 29736406 26031056 0 108300 4303842 4303842 1272443 275917 901669 94857 11504689 8937961 1960792 605936 660779 510130 112473 38176 1180216 932316 175803 72097 930026 662266 212572 55188 30500 766 29734 44491 44491 18512 18512 66141 66141 210462 41402 157427 11633 83594 8917 74677 467626 345317 -2151 124460 36117 26686 9431 461109 256432 183308 21369 214164 190010 17120 7034 13782 199 11493 2090 123521 123521 1434936 1033155 315685 86096 155534 110650 35663 9221 CAFETERIA OUTSIDE SERVI 549253 549253 OTHER OPERATING AND MAI 202548 186967 15581 OUTSIDE REPAIRS, SERVIC 162005 123010 30639 8356 CAPITAL CAMPAIGN 161803 72751 89052 1355197 845268 398155 111774 25643290 19413215 4873018 1357057 121371 6600 3514535 5409034 3761266 2727992 1268152 1099760 40695 11776 69756 67193 427880 511268 48342463 14257595 32473090 34084868 21389862 25883303 83640 73702 63150247 69875496 1566412 1454069 2190941 1905923 3724372 3336975 46973 49869 501261 542761 8029959 7289597 X 32541089 36045821 7640028 10676771 14939171 15863307 55120288 62585899 63150247 69875496 4093116 3372495 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 22348117 689236 3760427 735377 66141 25996262 22130361 644103 -68793 298850 58704 22348117 14380851 5216327 3055782 470180 52419 22130361 11630173 1369380 1424000 42702 14380851 13448470 258679 -2041596 35380 11630173 0.17220 0.61020 0.21760 0 0 758181 758181 42778169 12213809 30564360 1891310 942135 949175 566039 2348764 1101651 1813152 34084868 ENROLLMENT DEPOSITS 378000 DEFERRED COMPENSATION 164761 542761 X 33675080 0 33675080 -3938674 -3938674 29736406 26209470 566180 566180 25643290 0 25643290 PART IV, LINE 2B: STUDENT RAISED FUNDS ARE HELD BY THE SCHOOL. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS INTENDED PURPOSES ARE: GENERAL OPERATIONS, LIBRARY, FACULTY SALARY, MISCELLANEOUS SUPPORT OF SCHOOL ACTIVITIES, PROFESSIONAL DEVELOPMENT, SUMMERBRIDGE PROGRAM, AND FINANCIAL AND MINORITY AID. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013, 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 2008. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVENTORY COST OF GOODS SOLD -126,273. RENTAL EXPENSES -132,650. LOSS ON DISPOSAL/SALE OF ASSETS -242,739. FUNDRAISING EXPENSES -167,964. FMV OF DONATED AUCTION ITEMS - FUNDRAISING EVENT 75,227. NET UNREALIZED GAIN ON INVESTMENTS -3,344,275. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 167,964. INVENTORY COST OF GOODS SOLD 126,273. RENTAL EXPENSES 132,650. LOSS ON DISPOSAL/SALE OF ASSETS 214,519. COST OF DONATED AUCTION ITEMS SOLD - FUNDRAISING EVENT -75,227. ROUNDING ERROR 1. 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 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 1 DAVID CHASE PO BOX 116 CENTERVILLE MA 02632 CONSULTING 0 0 12150 0 ROBERT BURDENSKI 2736 N HAMPDEN CT 207 CHICAGO IL 60616 CONSULTING 0 0 6362 0 18512 RI MA BIG EVENT 349504 257805 91699 167964 349504 257805 91699 167964 167964 -76265 1 FINANCIAL AID 181 2796688 FINANCIAL AID ALLOWED TOWARD THE STUDENT'S TUITION FOR WHEELER SCHOOL TUITION REMISSION 57 1464515 TUITION REMISSION REDUCING AMOUNT OF THE STUDENT'S TUITION FOR WHEEL SCHOOL EDUCATIONAL FEES AND BOOKS 48 32792 EDUCATIONAL FEES AND BOOKS WAIVED AND SUPPLIED FOR THE STUDENT RECREATION 33 9847 CAMP FEES WAIVED FOR THE CAMPERS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 185933 0 0 0 0 0 13255 0 16049 0 215237 0 92820 0 DAN MILLER 287623 0 24200 0 0 0 17500 0 99695 0 429018 0 143600 0 MARK HARRIS 108257 0 0 0 0 0 8140 0 47305 0 163702 0 57000 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 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 050259101 2010-12-01 4245000 SEE PART VI. 0 0 0 A 84374 4160626 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 X 10 33395 DONOR & STAFF VALUE X 2158 DONOR VALUE X 18 130884 DAYS AVG HIGH & LOW X 1 210 DONOR VALUE X GIFT CERTIFICATES 3 923 DONOR VALUE X TICKETS 18 9124 DONOR & STAFF VALUE X FACILITY STAY 6 12008 DONOR & STAFF VALUE X PHOTOS 2 3250 DONOR VALUE X MISC 10 2409 DONOR VALUE X LESSONS 1 230 DONOR VALUE X JEWELRY 6 1615 DONOR VALUE X WHEELER DAY PINS 600 2910 DONOR VALUE X PARTY 7 5935 DONOR & STAFF VALUE X WINE COOLERS 4 2606 DONOR VALUE X SIGNED MEMORABILIA 1 2500 STAFF VALUE X GOLF PACKAGES 1 600 DONOR VALUE X PUBLIC SERVICE AIRTIME 1 180000 DONOR VALUE X TOUR 2 250 DONOR & STAFF VALUE X DECOR FABRIC/POSTERS 1 498 DONOR VALUE X LIGHT UP DEVICES 1 469 DONOR VALUE X FILMING SERVICES 1 200 DONOR VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE COMPLETE FORM 990 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 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 2011/2012 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. COMMITTEES OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.