2012-05-10T10:10:24-04:00 2011-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2010-07-01 131658789 The Hewitt School HEWI 2122881919 45 EAST 75TH STREET NEW YORK NY 10021 Kate C Lindsey 2012-01-15 2129498700 2010 2016-02-24 21:20:13Z KATE C LINDSEY 45 EAST 75TH STREET NEW YORK NY 10021 26283782 false X WWW.HEWITTSCHOOL.ORG X 1920 NY THE SCHOOL'S PRIMARY EXEMPT PURPOSE IS TO OFFER A QUALITY EDUCATION TO GIRLS IN GRADES K-12. 23 22 192 15 0 1769737 1531128 18544109 18829957 119409 534031 0 38790 20433255 20933906 2664968 2642760 0 0 12948914 12795462 0 0 732492 4475199 4958212 20089081 20396434 344174 537472 41457617 43186853 20011221 20681539 21446396 22505314 THE SCHOOL'S PRIMARY EXEMPT PURPOSE IS TO OFFER A QUALITY EDUCATION TO GIRLS IN GRADES K-12. false false 611710 15005548 2642760 18829957 THE HEWITT SCHOOL MEETS THE EDUCATIONAL NEEDS OF APPROXIMATELY 500 GIRLS IN KINDERGARTEN THROUGH THE 12TH GRADE BY PROVIDING AN EDUCATIONAL CURRICULUM AND AFTER SCHOOL PROGRAMS. GRANTS ARE AWARDED BY THE SCHOOL IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE STUDENTS. 15005548 true true false false false false false false true true false false false true true true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false false true 38 0 true 192 true false false false false false true true false false false false X 23 22 false false false false false false false true true false false true true true true true true true true false X KATE LINDSEY 2122881919 45 EAST 75TH STREET NEW YORK NY 10021 X WENDY LIFF FLYNN 1.0 X X 0 0 0 COLIN KNUDSEN 1.0 X X 0 0 0 ANNE MEYER 1.0 X X 0 0 0 JUAN SABATER 1.0 X X 0 0 0 MARJORY APPEL 1.0 X 0 0 0 JOHN CATSIMATIDIS 1.0 X 0 0 0 LOUIS DUBIN 1.0 X 0 0 0 JAMES GORTON 1.0 X 0 0 0 LAURIE GRUHN 1.0 X 0 0 0 MARK JACOBSON 1.0 X 0 0 0 KENNETH LANDIS 1.0 X 0 0 0 ROBERT LAUDER 1.0 X 0 0 0 WENDY LEVEY 1.0 X 0 0 0 VALERIE MOGUL 1.0 X 0 0 0 DAVID PEARSON 1.0 X 0 0 0 J MATTHEW PHILO 1.0 X 0 0 0 ANN MALONEY ROSS 1.0 X 0 0 0 ARUNA SENEVIRATNE 1.0 X 0 0 0 DIANE SPILKER 1.0 X 0 0 0 JOAN Z LONERGAN 40.0 X X 245096 0 124282 Pam Bowman 1.0 X 0 0 0 marissa tracey 1.0 X 0 0 0 ROSAMARIA STAFFORD 1.0 X 0 0 0 KATE C LINDSEY 40.0 X 228176 0 18630 NANCY SANFORD 40.0 X 159249 0 18234 MARTHA HIRSCHMAN 40.0 X 155379 0 21341 JUSTINE HOFFMAN 40.0 X 143944 0 20176 SHEREEN BEYDOUN 40.0 X 123940 0 23375 LOUIS ULIANO 40.0 X 113024 0 9762 ARVIND GROVER 40.0 X 111736 0 18686 CAROLE DERR 40.0 X 110250 0 9738 LINDA MACMURRAY GIBBS 0.0 X 528952 0 39016 1919746 0 303240 19 true true false SAGE DINING SERVICES 222 BOSLEY AVE SUITE B-7 NEW YORK NY 10087 FOOD SERVICE 592045 1 279025 142618 1109485 75950 1531128 TUITION AND FEES 611710 18369382 18369382 AFTER SCHOOL PROGRAMS 611710 460575 460575 18829957 201313 201313 0 0 5579928 5247210 332718 332718 332718 102666 279025 102666 0 0 0 OTHER REVENUE 38790 38790 38790 20933906 18829957 572821 0 2642760 2642760 0 0 632521 316261 271984 44276 528952 264476 227449 37027 9026741 6135036 2479133 412572 853499 525220 280679 47600 915741 750027 141685 24029 838008 586118 215366 36524 0 95278 95278 64300 64300 0 0 80039 80039 90938 63657 22734 4547 22652 11326 11326 250176 175123 62544 12509 75508 52856 18877 3775 0 550191 385134 137547 27510 43581 30507 10895 2179 0 86479 64859 17296 4324 393233 275263 98308 19662 0 845773 634330 211443 111503 78790 27261 5452 ATHLETICS 222642 222642 FOOD SERVICE 665573 627652 37921 BOOKS & INSTRUCTIONAL SUPPLIES 347096 347096 STUDENT SUPPORT SERVICES 308335 308335 STUDENT TRANSPORTATION 109679 109679 595236 409727 146329 39180 20396434 15005548 4658394 732492 156817 201760 6250871 7758735 8650 12250 35005 987 731771 520467 31756675 9154550 23277060 22602125 9842314 9695321 369448 432389 785681 1962819 41457617 43186853 1607315 1611117 6326521 7274633 11695000 11450000 382385 345789 20011221 20681539 X 20932007 22033260 166893 124558 347496 347496 21446396 22505314 41457617 43186853 X 537472 521446 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 347496 2088 2088 347496 347496 11444 11444 347496 322496 25000 347496 1.00000 false false 2302258 2302258 26907707 6893238 20014469 2546710 2261312 285398 22602125 0 INTEREST-RATE-SWAP AGREEMENTS 345789 345789 20933906 20396434 537472 484850 36596 521446 1058918 18732553 484850 36596 521446 18211107 80039 2642760 2722799 20933906 17673635 17673635 80039 2642760 2722799 20396434 INTENDED USES OF THE SCHOOL'S ENDOWMENT FUNDS FORM 990, SCHEDULE D, PART V, LINE 4 THE SCHOOL'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF RESTRICTED PURPOSES AS DESIGNATED BY INDIVIDUAL DONORS. THE PURPOSES OF THESE FUNDS PRIMARILY INCLUDE SCHOLARSHIPS, FACULTY SUPPORT, AND FACILITY MAINTENANCE, AND THE EARNINGS ARE USED ANNUALLY FOR THESE PURPOSES. OTHER ADJUSTMENTS TO NET ASSETS AND REVENUE FORM 990, SCHEDULE D, PART XI - LINE 8 AND PART XII - LINE 2D CHANGE IN FAIR VALUE OF INTEREST-RATE-SWAP AGREEMENTS - $36,596 OTHER ADJUSTMENTS TO TO REVENUE AND EXPENSES FORM 990, SCHEDULE D, PART XII LINE 4B AND PART XIII LINE 4B SCH D, PART XII LINE 1 - $2,642,760 FINANCIAL AID REPORTED NET OF REVENUE ON THE FINANCIAL STATEMENTS FIN 48 FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 INCOME TAXES: THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARDS' ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10-05 RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECUASE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, ASC 740-10-05 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON ITS FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true LINE 3 RACIALLY NONDISCRIMINATORY POLICY THE SCHOOL ANNUALLY PUBLISHES ITS NONDISCRIMINATION POLICY IN VARIOUS SCHOOL PUBLICATIONS AND ITS WEBSITE IN ACCORDANCE WITH THE GUIDELINES PUBLISHED BY THE INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK. LINE 6A FINANCIAL AID THE SCHOOL RECEIVES FUNDING FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR MANDATED SERVICES, SPECIFICALLY FOR ITS DAILY ATTENDANCE REPORTING. SYMPOSIUM 381691 279025 102666 102666 0 381691 279025 102666 102666 102666 true STUDENT SCHOLARSHIPS 91 2642760 FMV TUITION REDUCTION PROCESS FOR MONITORING THE USE OF GRANT FUNDS IN THE US: SCHOLARSHIPS ARE PROVIDED TO ELIGIBLE STUDENTS IN THE FORM OF TUITION REDUCTIONS AND IS AWARDED BASED ON DEMONSTRATED NEED. RELEVANT INFORMATION IS RETAINED IN EACH STUDENT RECIPIENT'S TUITION FILE. X X X true true X X X X X X true true false false false false false false false LINDA MACMURRAY GIBBS 177452 0 0 0 351500 0 19600 0 19416 0 567968 0 110000 0 JOAN Z LONERGAN 195096 0 0 0 50000 0 109308 0 14974 0 369378 0 0 0 KATE C LINDSEY 228176 0 0 0 0 0 18630 0 0 0 246806 0 0 0 NANCY SANFORD 159249 0 0 0 0 0 13224 0 5010 0 177483 0 0 0 MARTHA HIRSCHMAN 155379 0 0 0 0 0 12750 0 8591 0 176720 0 0 0 JUSTINE HOFFMAN 143944 0 0 0 0 0 11624 0 8552 0 164120 0 0 0 SUPPLEMENTAL INFORMATION FORM 990, SCHEDULE J, PART II, LINE 1, BOX b(III) THE FORMER HEAD OF SCHOOL, LINDA M. GIBBS, RETIRED FROM THE SCHOOL EFFECTIVE JUNE 30, 2010. IN HONOR OF HER PAST SERVICE TO THE SCHOOL, THE BOARD OF TRUSTEES PROVIDED MS. GIBBS WITH ONE YEARS' SALARY, WHICH IS A COMPONENT OF THE AMOUNT REPORTED ON SCHEDULE J, PART II, LINE 1, BOX B(III). X 14 75950 FMV 0 false true false FORM 8868 THE SCHOOL'S APPLICATIONS FOR EXTENSIONS OF TIME TO FILE FOR AN EXEMPT ORGANIZATION, FORMS 8868, WERE PAPER FILED. OUTSTANDING TAX-EXEMPT BOND ISSUANCE FORM 990, PART IV, LINE 24A THE SCHOOL BORROWED $12,750,000 FOR FACILITY RENOVATIONS THROUGH THE ISSUANCE OF CIVIC FACILITY REVENUE BONDS, DATED OCTOBER 24, 2002. THE ISSUANCE DATE OF THE BONDS (I.E. PRIOR TO DECEMBER 31, 2002), ELIMINATES THE SCHOOL'S NEED TO COMPLETE SCHEDULE K - "SUPPLEMENTAL INFORMATION ON TAX-EXEMPT BONDS." REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, LINE 11A MANAGMENT OF THE SCHOOL REVIEWS THE DRAFT FORM 990. UPON ITS SATISFACTION, THE GOVERNING BODY HAS DESIGNATED ITS AUDIT COMMITTEE WITH THE RESPONSIBLITY OF REVIEWING THE FORM 990 AND REPORTING ITS REVIEW TO THE FULL BOARD. THE APPROVED DRAFT FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. MONITORING OF CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF TRUSTEES IS REQUIRED TO REVIEW AND SIGN AN ACKNOWLEDGEMENT OF COMPLIANCE WITH THE SCHOOL'S CONFLICT OF INTEREST POLICY AND REPORT ANY POTENTIAL CONFLICTS ON AN ANNUAL BASIS. DETERMINATION OF THE COMPENSATION OF KEY EMPLOYEES FORM 990, PART VI, SECTION B, LINE 15A-B THE HEAD OF SCHOOL'S COMPENSATION IS OUTLINED UNDER AN EMPLOYMENT AGREEMENT. SEE SCHEDULE J FOR ADDITIONAL PROCEDURES AND DISCLOSURES REGARDING THIS AGREEMENT. TRADITIONALLY, THE COMPENSATION OF OTHER KEY EMPLOYEES IS DETERMINED BY USING DATA FROM CONSULTING FIRMS, THE GUILD OF INDEPENDENT SCHOOLS AND THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS. AVAILABILITY OF GOVERNING DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS REPRESENTS $484,850 IN UNREALZED GAINS AND $36,596 IN GAIN ON INTEREST-RATE-SWAP AGREEMENTS, FOR A TOTAL OF $521,446.