2026-03-16T14:31:17-05:00 2025-06-30 393647910 WIPFLI ADVISORY LLC 1 MARKET SQUARE AUGUSTA ME 043304637 990 2024-07-01 010211532 KENTS HILL SCHOOL KENT 2076854914 PO BOX 257 KENTS HILL ME 043490257 ROBERT R LAVERDURE INTERIM CFO 2076854914 2026-03-09 1 1 DANIELLE MARTIN CPA P01265151 2076224766 2026-03-09 2024 2025-03-06 01:10:19Z ROBERT R LAVERDURE PO BOX 257 KENTS HILL ME 043490257 19871729 0 X WWW.KENTSHILL.ORG X 1824 ME THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT. 24 24 140 25 -41456 0 10997741 2383599 12739772 13827949 1745063 1675069 -104363 -107779 25378213 17778838 5226433 5772137 0 0 7605762 7865330 0 0 1290294 7829722 7796382 20661917 21433849 4716296 -3655011 60645792 57648810 15066662 14195084 45579130 43453726 X THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT IN ORDER TO: 1) PREPARE THEM FOR THE CHALLENGES AND OPPORTUNITIES OF HIGHER EDUCATION; 2) HELP THEM LEARN TO LOVE AND RESPECT THEMSELVES AND THEIR FELLOW STUDENTS, AND TO CARE FOR THOSE IN LESS FORTUNATE CIRCUMSTANCES; 3) TEACH THEM TO BE RESPONSIBLE STEWARDS OF OUR NATURAL HERITAGE; 4) REMIND THEM THAT ONE PERSON OF PRINCIPLE CAN ALWAYS MAKE A DIFFERENCE. 0 0 5772137 5772137 0 SCHOLARSHIPS AND OTHER FINANCIAL AID BASED ON NEED AND MERIT BASED. 10002452 0 13733201 PRIVATE SECONDARY SCHOOL UTILIZED BY 167 BOARDING AND 53 DAY STUDENTS. 15774589 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 45 0 1 140 1 1 1 0 0 0 0 0 0 0 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 0 0 X X ROBERT R LAVERDURE 2076854914 1614 MAIN STREET KENTS HILL ME 04349 X PATRICIA R HATLER PRESIDENT 1.00 X X 0 0 0 THEODORE B ALFOND VICE PRESIDENT 1.00 X X 0 0 0 MARK S ALCAIDE 2ND VP & TREASURER 1.00 X X 0 0 0 DAVID RHODES 3RD VP 1.00 X X 0 0 0 PARKER J BEVERAGE TRUSTEE 1.00 X 0 0 0 TAYLOR BODMAN TRUSTEE 1.00 X 0 0 0 PHILIP BOULTON TRUSTEE 1.00 X 0 0 0 CATHERINE EATON COAKLEY TRUSTEE 1.00 X 0 0 0 NANCY COLHOUN TRUSTEE 1.00 X 0 0 0 MATT CRANE TRUSTEE 1.00 X 0 0 0 LUKA DOW TRUSTEE 1.00 X 0 0 0 GORDON H FAY TRUSTEE 1.00 X 0 0 0 DAVID GREENE TRUSTEE 1.00 X 0 0 0 KEVIN HANEY TRUSTEE 1.00 X 0 0 0 JOSETTE HUNTRESS TRUSTEE 1.00 X 0 0 0 JULIAN MADISON TRUSTEE 1.00 X 0 0 0 STEVEN MADISON TRUSTEE 1.00 X 0 0 0 CAMILLE MCGADNEY TRUSTEE 1.00 X 0 0 0 KYLE MCNULTY TRUSTEE 1.00 X 0 0 0 SHANNON MORRISON TRUSTEE 1.00 X 0 0 0 ALANE B O'CONNOR TRUSTEE 1.00 X 0 0 0 RICHARD O'CONNOR TRUSTEE 1.00 X 0 0 0 ROBIN STELMACH TRUSTEE 1.00 X 0 0 0 WALTER WASHINGTON TRUSTEE 1.00 X 0 0 0 ANDREW MAY CFO (THROUGH 12/31/24) 50.00 X 181546 0 26137 MOLLY MACKEAN HEAD OF SCHOOL 50.00 X 141137 0 14412 ROBERT R LAVERDURE SEE SCH O INTERIM CFO (STARTED 1/1/25) 50.00 X 84008 0 17907 LARA COLE INTERIM CHIEF ADVANCEMENT OFFICER 50.00 X 150424 0 13477 LAJUAN R DAVIS ASSISTANT HEAD OF SCHOOL 50.00 X 143128 0 18517 MEGHAN BENNETT DEAN OF ENROLLMENT MGMT 50.00 X 135151 0 26264 MARC BARTHOLOMEW CHIEF INFORMATION OFFICER 50.00 X 122060 0 18995 ALISON LINCOLN-RICH DIRECTOR OF ADMISSIONS & FINANCIAL AID 50.00 X 115343 0 19289 CHRISTOPHER CHENEY FORMER HEAD OF SCHOOL 50.00 X 137927 0 17382 EVERETT POISSON FORMER CHIEF ADVANCEMENT OFFICER 50.00 X 129383 0 17959 1340107 0 190339 9 1 1 0 SAGE DINING SERVICES INC 1402 YORK RD STE 100 LUTHERVILLE MD 21093 DINING SERVICES 1514926 JAMES & WHITNEY 800 MAIN ST SOUTH PORTLAND ME 04106 ROOFING CONTRACT 385309 WINTHROP FUEL CO INC 111 STATE ROUTE 133 WINTHROP ME 04364 FUEL 329284 MECHANICAL SERVICES INC 400 PRESUMPSCOT STREET PORTLAND ME 04103 HVAC REPAIRS & MAINTENANCE 233965 CERTAPRO PAINTERS OF MAINE 740 STROUDWATER STREET WESTBROOK ME 04092 PAINTING CONTRACT 186382 10 2383599 113925 2383599 TUITION & FEES 611110 13665132 13665132 OTHER REVENUE 611110 162817 162817 13827949 63233 63233 100395 25259 95221 164395 5174 -139136 -133962 -94748 -41456 2242 2932351 359161 1658490 21186 1273861 337975 1611836 1611836 179782 153599 26183 26183 17778838 13733201 -41456 1703494 3300380 3300380 2471757 2471757 818693 61387 494066 263240 5407558 4334273 710187 363098 227572 182799 31114 13659 964794 721224 156148 87422 446713 319121 83790 43802 79141 79141 50850 50850 76912 76912 455847 6559 142745 306543 112898 109313 3585 77425 77425 231855 123945 67832 40078 856829 856829 287692 158969 35048 93675 384 384 392448 392448 1528371 1528371 263514 111590 151924 CONTRACTUAL SERVICES 1680020 1680020 MAINT, SUPPLIES, & EQUI 1014191 930325 41063 42803 OTHER EXPENSES 236390 200416 35974 VEHICLES 229656 229656 221959 98633 123326 21433849 15774589 4368966 1290294 3033370 2721379 1133550 5960 5688101 2699018 218974 9717 45042 34708 642105 658104 53712870 31412930 22889888 22299940 26154091 28488210 840671 731774 60645792 57648810 981374 628383 4451124 3904774 700813 1201095 8925815 8417015 7536 43817 15066662 14195084 X 27545539 27625205 18033591 15828521 45579130 43453726 60645792 57648810 X -3655011 1686346 -156739 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26154089 75321 2992183 321189 335282 76912 28488210 25768322 3140062 447948 2238840 67507 26154089 26659371 175839 1804019 447665 2362077 61165 25768322 29783384 49999 -1237468 412423 1456263 67858 26659371 25044754 74799 6198179 372214 1094958 67176 29783384 0.65400 0.16600 0.18000 1 0 74330 74330 49505415 27914970 21590445 4099472 3497960 601512 33653 33653 22299940 LIABILITY UNDER UNITRUST AGREEMENT 43817 43817 X 13872611 1686346 256476 1942822 11929789 76912 5772137 5849049 17778838 15998015 413215 413215 15584800 76912 5772137 5849049 21433849 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(II). THE SCHOOL IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNTION THRESHOLD, THE BENEFIT OF THE POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE SCHOOL HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 153,599. RENTAL EXPENSES 259,616. CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS -156,739. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,772,137. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 153,599. RENTAL EXPENSES 259,616. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,772,137. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS NEWSPAPER AND BROADCAST MEDIA ADS. 0 0 0 0 0 0 0 0 0 0 STUDENT FINANCIAL AID EUROPE 25 864226 SCHOLARSHIP FMV STUDENT FINANCIAL AID NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 24 1071773 SCHOLARSHIP FMV STUDENT FINANCIAL AID EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 13 252500 SCHOLARSHIP FMV STUDENT FINANCIAL AID SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 11975 SCHOLARSHIP FMV STUDENT FINANCIAL AID RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 1 22500 SCHOLARSHIP FMV STUDENT FINANCIAL AID CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 4 248782 SCHOLARSHIP FMV STUDENT FINANCIAL AID SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SCHOLARSHIP FMV 0 0 0 0 0 0 PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID AND GRANTS SCHOLARSHIPS TO ELIGIBLE STUDENTS AND MAINTAINS RECORDS AS PART OF THE ENROLLMENT PROCESS. X X X X X 0 RESILIENT PHILANTHROPY PO BOX 1919 WINTER PARK FL 32790 CAMPAIGN CONSULTANT 0 0 158619 -158619 RUSSELL PHILANTROPIES PO BOX 1919 WINTER PARK FL 32790 CAMPAIGN CONSULTANT 0 0 151478 -151478 310097 -310097 1 STUDENT FINANCIAL AID 104 3300380 FMV SCHOLARSHIPS PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID AND GRANTS SCHOLARSHIPS TO ELIGIBLE STUDENTS AND MAINTAINS RECORDS AS PART OF THE ENROLLMENT PROCESS. X 1 1 X X 1 0 0 0 0 0 0 0 0 ANDREW MAY CFO (THROUGH 12/31/24) 171546 0 10000 0 0 0 8628 0 17509 0 207683 0 0 0 LARA COLE INTERIM CHIEF ADVANCEMENT OFFICER 140424 0 10000 0 0 0 7000 0 6477 0 163901 0 0 0 LAJUAN R DAVIS ASSISTANT HEAD OF SCHOOL 133128 0 10000 0 0 0 6901 0 11616 0 161645 0 0 0 MEGHAN BENNETT DEAN OF ENROLLMENT MGMT 125151 0 10000 0 0 0 6534 0 19730 0 161415 0 0 0 MOLLY MACKEAN HEAD OF SCHOOL 141137 0 0 0 0 0 6800 0 7612 0 155549 0 0 0 CHRISTOPHER CHENEY FORMER HEAD OF SCHOOL 137927 0 0 0 0 0 6859 0 10523 0 155309 0 0 0 EVERETT POISSON FORMER CHIEF ADVANCEMENT OFFICER 129383 0 0 0 0 0 3923 0 14036 0 147342 0 0 0 PART I, LINE 4A EVERETT POISSON - DIRECTOR OF ADVANCEMENT - $56,250 SEVERANCE WAS PAID OUT FROM 5/1/24 TO 07/31/24. HIS SEVERANCE WAS AN ACCRUED EXPENSE IN FY24 AND NOT REFLECTED IN THE FY25 FINANCIALS. ANDREW MAY - CHIEF FINANCIAL OFFICER - $87,550 SEVERANCE WAS PAID OUT FROM 1/1/25 TO 06/30/25. A KENT HILL SCHOOL ISSUE SERIES 2009A 010392006 2014-12-30 14893971 FINANCE AUTHORITY OF MAINE REVENUE BOND 0 0 0 A 6297453 14893971 1 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 THEODORE ALFOND VICE PRESIDENT TO ASSIST IN CASH FLOW X 1000000 1201095 0 1 0 1201095 X 10 1415178 FMV 0 1 1 PART I, LINE 32B: KENTS HILL SCHOOL USES A BROKERAGE ACCOUNT TO LIQUIDATE STOCK CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 RICHARD O'CONNOR AND ALANE O'CONNOR HAVE A FAMILY RELATIONSHIP AND STEVEN MADISON AND JULIAN MADISON ALSO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED FIRST BY THE CHIEF FINANCIAL OFFICER, CONTROLLER AND THE AUDIT COMMITTEE AND THEN IS AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL PROVIDES TRUSTEES THE CONFLICT OF INTEREST POLICY AT A BOARD MEETING TO COMPLETE AND RETURN ON AN ANNUAL BASIS AND THE SCHOOL REVIEWS FOR ANY QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL'S HEAD OF SCHOOL COMPENSATION WAS DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND THE SCHOOL WILL PROVIDE A COPY OF THE 990 UPON REQUEST PART VII ALL COMPENSATION FOR ROBERT R. LAVERDURE DURING CALENDAR YEAR 2024 WAS BEFORE HE WAS APPOINTED AS AN OFFICER ON 01/01/2025. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS -156,739. MAINE WESLEYAN BOARD OF EDUCATION 39A PLEASANT ST TOPSHAM ME 04086 237275366 TRUST ME KENTS HILL SCHOOL T 58402 1827403 1.00000 1 WILLIAM FARWELL TRUST 127 PUBLIC SQAURE CLEVELAND OH 44114 016010161 TRUST OH KENTS HILL SCHOOL T 45623 997869 0.66660 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 MAINE WESLEYAN BOARD OF EDUCATION S 58402 FINANCIAL STATEMENTS WILLIAM FARWELL TRUST S 45623 FINANCIAL STATEMENTS