2011-11-15T11:51:41-06:00 2011-06-30 BATCHELOR FRECHETTE MCCRORY MICHAEL & CO PO BOX 156 PROVIDENCE RI 029010156 990 2010-07-01 050277258 ROCKY HILL SCHOOL INC ROCK 4018849070 530 IVES ROAD EAST GREENWICH RI 02818 W MICHAEL SULLIVAN PHD 4018849070 2011-11-18 1 GEORGE F WARNER 4016216200 2010 2016-03-07 17:11:31Z W MICHAEL SULLIVAN PHD 530 IVES ROAD EAST GREENWICH RI 02818 9531704 0 X WWW.ROCKYHILL.ORG X 1934 RI ROCKY HILL SCHOOL, INC. IS A CO-EDUCATIONAL COLLEGE PREPARATORY SCHOOL PROVIDING EDUCATION TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12. 19 19 115 53 0 0 519379 484092 8159938 8176061 56881 95756 -19228 78950 8716970 8834859 1365925 1447672 0 0 5384830 5310274 0 0 325112 2785023 2046977 9535778 8804923 -818808 29936 10032716 9850782 5591316 5313519 4441400 4537263 X THE MISSION OF ROCKY HILL IS TO EDUCATE THE WHOLE CHILD - MIND, BODY, AND SPIRIT. AS A NURTURING SCHOOL COMMUNITY, WE ENCOURAGE OUR STUDENTS TO BECOME GOOD CITIZENS AND LIFE-LONG LEARNERS, GUIDING THEM AS THEY STRIVE FOR KNOWLEDGE AND SELF AWARENESS. 0 0 5056412 1045972 7575625 INSTRUCTIONAL SERVICES - PROGRAMS FOR STUDENTS IN NURSERY SCHOOL THROUGH GRADE TWELVE. 73403 550 92721 SUMMER ENRICHMENT ACADEMY (SEA)- THIS PROGRAM IS COMPRISED OF BOTH FULL AND HALF DAY PROGRAMS ALLOWING CHILDREN THE OPPORTUNITY TO CHOOSE A NUMBER OF EXCITING OFFERINGS AND GIVING FAMILIES THE FLEXIBILITY TO WORK AROUND BUSY SCHEDULES. 216709 141954 ACADEMIC CENTER FOR ENRICHMENT (ACE)- THE PURPOSE OF THIS PROGRAM IS TO PROVIDE A SUPPORTIVE ENVIRONMENT IN ORDER TO HELP STUDENTS REACH THEIR FULL LEARNING POTENTIAL. THROUGH ENRICHMENT CLASSES, ACADEMIC SUPPORT, STUDY SKILLS, REMEDIAL TECHNIQUES, AND ACTIVE STUDENT PARTICIPATION, ACE STRIVES TO PRODUCE INDEPENDENT LEARNERS. 1750515 228140 ALL SCHOOL FACILITIES COSTS AND OTHER STUDENT SERVICES. 178708 137621 DINING FACILITIES 1929223 365761 7275747 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 13 0 115 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X MARK R BUCKLEY BUSINESS MANAGER 4018849070 530 IVES ROAD EAST GREENWICH RI 02818 W MICHAEL SULLIVAN PHD 2.00 X X 0 0 0 EDWIN J SANTOS 2.00 X X 0 0 0 EDNA FROST 2.00 X X 0 0 0 RICHARD S BARKER 2.00 X X 0 0 0 WILSON G SAVILLE II 2.00 X X 0 0 0 MICHAEL F KRAEMER 2.00 X X 0 0 0 DAVID F BROCHU CFP 0.50 X 0 0 0 MARY H GRANT PHD 0.50 X 0 0 0 MARY ANN HACKETT 0.50 X 0 0 0 CHARLES P IACONO 0.50 X 0 0 0 JAMES LEHOUILLER 1.50 X 0 0 0 MICHELE A NOTA 0.50 X 0 0 0 GORDANA NOVAKOVIC-PETTERUTI 1.50 X 0 0 0 LISA M PALIN ESQ 0.50 X 0 0 0 HENRY D SHARPE III 2.00 X 0 0 0 STEPHEN G SOSCIA 1.50 X 0 0 0 STEPHEN F SIEGEL 0.50 X 0 0 0 RUTH S TAYLOR 0.50 X 0 0 0 KATHY LEWIS 0.50 X 0 0 0 JAMES J YOUNG III 40.00 X X 193599 0 42376 MARK R BUCKLEY 40.00 X X 129817 0 1740 323416 0 44116 2 0 1 0 RAINONE LANDSCAPING 349 WATERMAN AVE SMITHFIELD RI 02917 LANDSCAPING 148600 ARAMARK CORPORTATION 100 CEDAR AVE EAST GREENWICH RI 02818 FOOD SERVICE LABOR AND MANAGEMENT FEE 103447 2 170241 2050 311801 114117 484092 TUITION 611710 7575625 7575625 OTHER PROGRAMS 611710 365761 365761 ACADEMIC CENTER FOR EN 611710 141954 141954 SUMMER ENRICHMENT ACAD 611710 92721 92721 8176061 67025 67025 626761 101 598131 28630 101 28731 101 28630 141698 170241 71452 70246 70246 35966 27262 8704 8704 8834859 8184866 0 165901 1447672 1447672 321220 321220 4050268 3482249 331011 237008 165345 121675 36521 7149 462174 343056 92328 26790 311267 252753 41964 16550 1200 1200 16400 16400 12644 12644 243423 239098 4325 18682 18682 83808 12363 71388 57 32479 22900 9579 340942 340942 20264 17314 2934 16 656 60 596 143638 143638 448733 448733 65808 65808 DINING FACILITY 178708 178708 PERSONNEL RECRUITMENT 74359 74359 ASSEMBLIES 32844 32844 MUSIC & DRAMA EXPENSE 29295 29295 BAD DEBT EXPENSE 28350 28350 274744 185407 61970 27367 8804923 7275747 1204064 325112 29041 66726 481042 350427 75917 75000 5923 3976 12866 14092 121323 83586 11910922 4687975 7572664 7222947 857764 1396690 813771 583371 62405 53967 10032716 9850782 693898 695349 1418935 1543644 3466437 3059817 12046 14709 5591316 5313519 X 3050470 2923880 266088 486040 1124842 1127343 4441400 4537263 10032716 9850782 X 29936 65927 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1671535 102729 257030 38750 12482 1980062 1191427 403348 88856 12096 1671535 2043451 4862 -329033 513460 14393 1191427 0.36500 0.56930 0.06570 0 0 24551 24551 9745509 3053534 6691975 1324389 1096058 228331 816473 538383 278090 7222947 OTHER 456908 F MONEY MARKET FUNDS 126463 F 583371 AGENCY FUNDS 9509 ENROLLMENT DEPOSITS 5200 14709 8834859 8804923 29936 161487 -95560 65927 95863 7880475 161487 38306 199793 7680682 1154177 1154177 8834859 7784613 38306 38306 7746307 1058616 1058616 8804923 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: UNCERTAINTY IN ACCOUNTING FOR INCOME TAXES: WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF A TAX BENEFIT THAT IS MORE THAN 50 PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED BENEFITS IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: ROUNDING 2. FAIR MARKET VALUE OF ITEMS DONATED TO THE AUCTION -95,562. PART XII, LINE 2D - OTHER ADJUSTMENTS: COS - BOOKSTORE 27,262. SPECIAL EVENTS 11,044. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,045,972. ROUNDING -1. INVESTMENT MANAGEMENT FEES 12,644. FAIR MARKET VALUE OF ITEMS DONATED TO THE AUCTION 95,562. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COS - BOOKSTORE 27,262. SPECIAL EVENTS 11,044. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,045,972. INVESTMENT MANAGEMENT FEES 12,644. 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 THIS POLICY IS STATED IN SCHOOL PUBLICATIONS, CATALOGS, AND IN ALL FORMS OF ADVERTISING, AS IS REQUIRED BY NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS STANDARDS. 0 PTL BALL "CELEBRATION BY THE BAY" 220868 121900 98968 13130 32045 GOLF TOURNAMENT XII 84997 48341 36656 19182 3890 4 6074 6074 3205 311939 170241 141698 32312 39140 71452 70246 1 FINANCIAL AID FOR STUDENTS ATTENDING ROCKY HILL SCHOOL. 73 1045972 VALUE OF TUITION REDUCTION APPROVED BY THE FINANCIAL AID COMMITTEE. REDUCTION OF GROSS TUITION. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS GIVEN TO STUDENTS BASED ON THE NEEDS OF THE STUDENT. THIS PROCESS IS MONITORED BY THE FINANCIAL AID COMMITTEE, CONSISTING OF THE BUSINESS MANAGER, HEAD OF SCHOOL AND THE HEAD OF ADMISSIONS. EVERY STUDENT REQUESTING FINANCIAL AID IS REQUIRED TO SUBMIT THE NECESSARY FINANCIAL DATA AND FINANCIAL AID FORMS TO BE REVIEWED BY THE FINANCIAL AID COMMITTEE BEFORE ACCEPTANCE AND AWARD. ONCE FINANCIAL AID IS GRANTED, THE STUDENT IS BILLED FOR THE GROSS TUITION AND THE AMOUNT OF FINANCIAL AID AWARDED IS APPLIED TO THE APPROPRIATE ACCOUNT. THE STUDENT THEN REMITS THE NET AMOUNT OF THE TUITION DUE. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JAMES J YOUNG III 191738 0 0 0 1861 0 0 0 42376 0 235975 0 100781 0 PART I, LINE 1A ROCKY HILL SCHOOL PROVIDES THE HEAD OF SCHOOL WITH A PERSONAL RESIDENCE AND HOUSE CLEANING SERVICE FOR THE RESIDENCE. USE OF THE PERSONAL RESIDENCE ON SCHOOL PROPERTY ALLOWS THE HEAD OF SCHOOL TO BE AVAILABLE AT VARIOUS TIMES OF DAY, NIGHT, AND WEEKENDS FOR SCHOOL ACTIVITIES, TO MEET WITH CURRENT AND PROSPECTIVE STUDENTS, FAMILIES, AND DONORS. USE OF THE RESIDENCE IS A CONDITION OF EMPLOYMENT, IS PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER AND THEREFORE, IS INCLUDED IN SCHEDULE J, PART II AS A NON-TAXABLE BENEFIT. THE HEAD MASTER IS ALSO PROVIDED WITH A CREDIT CARD AND GAS CARD FOR BUSINESS USE. X 5 18555 PUBLIC STOCK EXCHANGE X CELEBRATION BY THE BAY AUCTION ITEMS 49 74490 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 WAS REVIEWED IN DETAIL BY THE BOARD OF GOVERNORS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING EACH TRUSTEE TO REVIEW AND SIGN A STATEMENT EXPLAINING THAT THEY ARE IN COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT, VICE PRESIDENT, TREASURER AND SECRETARY REVIEWS THE COMPENSATION FOR THE HEAD OF SCHOOL ANNUALLY. COMPARATIVE COMPENSATION FOR OTHER HEAD OF SCHOOLS SIMILAR TO ROCKY HILL SCHOOL ARE USED AS A GUIDELINE TO ENSURE THE COMPENSATION BASE IS IN LINE WITH OTHER SCHOOLS. THE BUSINESS MANAGER ALSO PERIODICALLY PROVIDES THE EXECUTIVE COMMITTEE DATA FOR SALARIES OF OTHER HEADS OF SCHOOL BASED ON NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS DATA AND ALSO BASED ON THE REVIEW OF OTHER 990S FILED. ALL OTHER ADMINISTRATIVE EMPLOYEES REPORT TO THE HEAD OF SCHOOL AND ARE REVIEWED PERIODICALLY BY HIM. ALL FACULTY ARE REVIEWED BY DIVISION HEADS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 161,487. ROUNDING 2. FAIR MARKET VALUE OF ITEMS DONATED TO THE AUCTION -95,562. TOTAL TO FORM 990, PART XI, LINE 5: 65,927. FORM 990, PART XI,LINE 2C: THE FINANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTING FIRM. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.