2012-05-03T13:37:07-05:00 2011-06-30 JH COHN LLP 180 GLASTONBURY BOULEVARD GLASTONBURY CT 06033 990 2010-07-01 060655480 AVON OLD FARMS SCHOOL INC AVON 8604044100 500 OLD FARMS ROAD AVON CT 06001 GLENN SIEBER 8604044100 2012-05-03 1 JOHN TOSCANO CPA 8606333000 2010 2016-02-24 21:20:13Z KENNETH LAROCQUE 500 OLD FARMS ROAD AVON CT 06001 36012460 0 X WWW.AVONOLDFARMS.COM X 1927 CT SEE SCHEDULE O 24 24 210 28 0 0 2982790 5011035 17829561 17980375 397638 838373 2654240 856404 23864229 24686187 3491482 3482612 0 0 10770215 10532227 0 0 1503650 9331039 9530216 23592736 23545055 271493 1141132 103356060 106272839 38686979 36422402 64669081 69850437 TO BE THE BEST SCHOOL FOR BOYS BY CULTIVATING YOUNG MEN OF INTEGRITY AND BY PROVIDING A STRUCTURED, SUPPORTIVE LEARNING ENVIRONMENT THAT ENCOURAGES SELF-DISCOVERY AND SOCIAL RESPONSIBILITY. 0 0 19156361 3482612 18447290 INDEPENDENT SECONDARY SCHOOL WITH 311 BOARDING STUDENTS AND 93 DAY STUDENTS. 19156361 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 1 103 0 1 210 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LISA MARAIA 8604044229 500 OLD FARMS ROAD AVON CT 06001 DEAN C GRAHAM 1.00 X X 0 0 0 BRIAN D CONROY 1.00 X X 0 0 0 JEROLD T GARVEY 1.00 X X 0 0 0 MARTIN I COLE 1.00 X X 0 0 0 SARA ARNELL 0.50 X 0 0 0 JOSEPH R BIONDO 0.50 X 0 0 0 JORGE E CONSUEGRA 0.50 X 0 0 0 JAMES W CORRIGAN 0.50 X 0 0 0 JAMES STRAT DENNIS 0.50 X 0 0 0 JOSEPH S GIANNAMORE 0.50 X 0 0 0 DEE GORDON 0.50 X 0 0 0 RICHARD H GORDON 0.50 X 0 0 0 JOHN W HAWIE 0.50 X 0 0 0 STEPHEN S LASH 0.50 X 0 0 0 WADE L MCDEVITT 0.50 X 0 0 0 BRENDAN L MCKERNAN 0.50 X 0 0 0 ARMOUR N MELLON 0.50 X 0 0 0 JOHN A NOLAN 0.50 X 0 0 0 KATHRYN A ORDWAY 0.50 X 0 0 0 NELSON PELTZ 0.50 X 0 0 0 PATRICK RYAN 0.50 X 0 0 0 DON W TOREY 0.50 X 0 0 0 FERN WACHTER 0.50 X 0 0 0 CHRISTOPHER WELLES 0.50 X 0 0 0 KENNETH LAROCQUE 50.00 X 307733 0 97151 STACY S RUWE 50.00 X 175000 0 64804 PETER EVANS 50.00 X 143221 0 64338 JOHN GARDNER 50.00 X 161296 0 59019 ART CUSTER 50.00 X 105366 0 53197 HENRY FLANAGAN 50.00 X 113263 0 41124 JAMES KIRSCHNER 50.00 X 104260 0 30650 1110139 0 410283 7 0 1 0 CLARK COMPANIES 41155 STATE HWY 10 PO BOX 427 DELHI NY 13753 CONSTRUCTION SERVICES 655025 TALCOTT VIEW DEVELOPMENT CO INC 11 LORDSHIP ROAD GRANBY CT 06026 CONSTRUCTION SERVICES 534278 CHARTWELLS PO BOX 91337 CHICAGO IL 60693 FOOD SERVICE 520841 HONEYWELL INTERNATIONAL INC BUILDING SOLUTIONS 12490 COLLECTIO CHICAGO IL 60693 CONTRACTING SERVICES 476280 ATRION NETWORKING CORPORATION 30 SERVICE AVENUE WARWICK RI 02886 TECHNOLOGY SERVICES 302971 8 36682 368754 4605599 173778 5011035 TUITION AND FEES 611110 17946124 17946124 LEARNING CENTER REVENU 611110 34251 34251 17980375 565416 565416 79365 79365 79365 79365 11283564 11010607 272957 272957 272957 126318 36682 120387 5931 5931 387696 195279 192417 192417 HOCKEY RINK REVENUE 611110 304193 304193 MISCELLANEOUS REVENUE 611110 274498 274498 578691 24686187 18447290 0 1227862 3482612 3482612 643382 197320 327671 118391 6683642 5057029 883330 743283 1148657 871272 155906 121479 1487173 1118453 207011 161709 569373 415642 91100 62631 41415 41415 59145 59145 75630 75630 934737 806095 120354 8288 28755 7044 21711 472931 198835 193880 80216 461368 299889 115342 46137 1559603 1325663 155960 77980 238116 192953 4637 40526 1108892 998003 110889 2190108 1971097 219011 CAPITAL PROJECTS 772438 772438 STUDENT SUPPLIES AND EX 664608 639961 17980 6667 FOOD SERVICE 455136 430042 9504 15590 STUDENT ACTIVITIES 135659 135659 ATHLETICS 111418 111418 220257 124936 74568 20753 23545055 19156361 2885044 1503650 6602698 6981077 9791298 8659406 21447 7365 249516 154903 76282 256508 102015286 42461447 59974614 59553839 26497005 25275274 5241267 143200 143200 103356060 106272839 999330 955858 6618345 6504948 26928002 26298002 4141302 2663594 38686979 36422402 X 47236555 51177712 12308385 12174237 5124141 6498488 64669081 69850437 103356060 106272839 X 1141132 4040224 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29036819 693120 4479841 -1142128 33067652 25346685 805939 3999455 -1115260 29036819 28589991 3609757 -5592967 -1260096 25346685 0.73000 0.27000 0 1 1 5020662 5020662 88656963 35316806 53340157 7899385 7144641 754744 438276 438276 59553839 ACCRUED EXPENSES 32074 DERIVATIVE 2631520 2663594 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INCOME FROM THE SCHOOL'S ENDOWMENT FUNDS IS APPROPRIATED FOR STUDENT FINANCIAL AID, FACULTY SALARIES AND BENEFITS AS WELL AS OTHER OPERATING EXPENSES OF THE SCHOOL, IN ACCORDANCE WITH DONOR-IMPOSED RESTRICTIONS AND THE SCHOOL'S BOARD APPROVED SPENDING POLICY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL'S U.S. FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2008 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. 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 THE NONDISCRIMINATORY POLICY IS PUBLISHED IN ALL SCHOOL CATALOGUES AND BROCHURES. PARENTS' DINNER/AUCTION 163000 36682 126318 120387 163000 36682 126318 120387 120387 5931 1 SCHOLARSHIPS/STUDENT AIDS 133 3482612 FMV SCHOLARSHIPS & GRANTS ARE PROVIDED TO STUDENTS VIA A WAIVER OF TUITION, FEES AND OTHER CHARGES. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL FINANCIAL AID RECIPIENTS ARE REQUIRED TO COMPLETE A FINANCIAL AID STATEMENT AND PROVIDE THE NECESSARY SUPPORTING DOCUMENTATION. X 0 0 X X X X 0 0 0 0 0 0 0 0 0 KENNETH LAROCQUE 307733 0 0 0 0 0 43660 0 53491 0 404884 0 0 0 STACY S RUWE 175000 0 0 0 0 0 30485 0 34319 0 239804 0 0 0 PETER EVANS 143221 0 0 0 0 0 24312 0 40026 0 207559 0 0 0 JOHN GARDNER 161296 0 0 0 0 0 22609 0 36410 0 220315 0 0 0 ART CUSTER 105366 0 0 0 0 0 13742 0 39455 0 158563 0 0 0 HENRY FLANAGAN 113263 0 0 0 0 0 18080 0 23044 0 154387 0 0 0 PART I, LINE 1A THE SCHOOL REQUIRES THAT ITS SENIOR LEADERSHIP RESIDE ON CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE SAFETY AND SUPERVISION OF ITS STUDENTS, FACULTY AND OTHER CONSTITUENCIES WITHIN THE SCHOOL COMMUNITY. STATE OF CONNECTICUT HEALTH AND EDUCATION FACILITIES AUTHORITY 060806186 20774L2A2 2005-05-12 21670000 BUILDING CONSTRUCTION 0 0 0 STATE OF CONNECTICUT HEALTH AND EDUCATION FACILITIES AUTHORITY 060806186 20774UCE3 2006-03-09 7000000 BUILDING CONSTRUCTION 0 0 0 21670000 362247 58079 2006 0 0 1 1 7000000 140000 12423 2007 0 0 1 1 0 0 0 0 1 0 0 0 0 1 0 1 1 BANK OF AMERICA NA 29.200000000000 1 0 0 0 0 0 1 1 BANK OF AMERICA NA 29.300000000000 1 0 0 0 0 POIRER HOMES OWNER OF BUSINESS IS RELATED TO CURRENT TRUSTEE 118505 GENERAL CONTRACTING SERVICES 0 X 6 69839 FAIR VALUE X BABY GRAND PIANO AND FURNITURE 1 20000 FAIR VALUE X VARIOUS AUCTION ITEMS 83939 FAIR VALUE 0 1 0 ORGANIZATION MISSION STATEMENT FORM 990, PART I, LINE 1 TO BE THE BEST SCHOOL FOR BOYS BY CULTIVATING YOUNG MEN OF INTEGRITY AND BY PROVIDING A STRUCTURED, SUPPORTIVE, LEARNING ENVIRONMENT THAT ENCOURAGES SELF-DISCOVERY AND SOCIAL RESPONSIBILITY. FORM 990, PART VI, SECTION A, LINE 2 DEE AND RICHARD H. GORDON ARE MARRIED AND ARE BOTH BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE SCHOOL'S 990 IS REVIEWED BY THE TREASURER AND THE FINANCE COMMITTEE. IT IS MADE AVAILABLE TO THE FULL BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE SECRETARY SHALL SEND TO EACH PERSON WHO IS A DIRECTOR OR OFFICER OF THE SCHOOL, AND TO THOSE KEY EMPLOYEES OF THE SCHOOL AS THE BOARD MAY DETERMINE, A COPY OF THIS POLICY REGARDING CONFLICT OF INTEREST, TOGETHER WITH A QUESTIONNAIRE INQUIRING AS TO CONFLICTS. ALL OTHER EMPLOYEES WILL BE MADE AWARE OF THE POLICY FROM THE DIRECTOR OF HUMAN RESOURCES, AND THEY SHOULD DISCLOSE ANY CONFLICTS OF INTEREST. IT SHALL BE THE DUTY OF EACH DIRECTOR, OFFICER AND KEY EMPLOYEE, AS THE CASE MAY BE, TO INFORM THE SECRETARY AND THE HEADMASTER OF ANY AND ALL CHANGES IN THE INFORMATION SET FORTH IN THE QUESTIONNAIRE OR OTHERWISE UPDATE THE SECRETARY IN A TIMELY FASHION. WHEN IN DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, OR MAY EXIST, IT SHALL BE THE DUTY OF EACH PERSON TO INFORM THE SECRETARY OR HEADMASTER FOR CLARIFICATION. FORM 990, PART VI, SECTION B, LINE 15 AVON OLD FARMS COMPENSATION GOAL PROVIDES A TOTAL COMPENSATION PROGRAM WHICH RECOGNIZES INDIVIDUAL PERFORMANCE AND MAINTAINS A COMPETITIVE MARKET POSITION. THE SCHOOL'S HUMAN RESOURCES DEPARTMENT UTILIZES THE FOLLOWING FACTORS TO ESTABLISH EMPLOYEE PAY LEVELS AND BENEFITS INCLUDING: MARKET SURVEY OF COMPARABLE POSITIONS AT COMPARABLE PRIVATE SCHOOLS, PERFORMANCE EVALUATIONS, REGIONAL COST OF LIVING DIFFERENTIALS, AS WELL AS RECRUITMENT AND RETENTION EXPERIENCE. THE BOARD'S EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE EXECUTIVE AND KEY EMPLOYEES' COMPENSATION PACKAGES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 3,322,540. CHANGE IN VALUE OF SWAP AGREEMENT 680,334. PENSION LIABILITY ADJUSTMENT 37,350. TOTAL TO FORM 990, PART XI, LINE 5: 4,040,224. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS NOT CHANGED ITS PROCESSES DURING THE TAX YEAR. AVON OLD FARMS SCHOOL FOUNDATION 500 OLD FARMS ROAD AVON CT 06001 066386828 FORMED FOR THE PURPOSE OF OPERATING AS A SUPPORTING ORG. FOR THE SCHOOL. CT 501(C)(3) TYPE 1 AVON OLD FARMS SCHOOL INC 0 THE RIDDLE TRUST 500 OLD FARMS ROAD AVON CT 06001 066074707 PROVIDE FINANCIAL SUPPORT TO AVON OLD FARMS SCHOOL. CT 4947 (A)(1) CHARITABLE TRUST AVON OLD FARMS SCHOOL INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 AVON OLD FARMS SCHOOL FOUNDATION B 368754 CASH