2026-04-13T18:11:36-04:00 2025-06-30 010440155 RUNYON KERSTEEN OUELLETTE 20 LONG CREEK DR SOUTH PORTLAND ME 04106 990 2024-07-01 010211565 WAYNFLETE SCHOOL WAYN 2077745721 360 SPRING STREET PORTLAND ME 04102 TRACI DOWD DIRECTOR OF FINANCE 2077745721 2026-04-13 true AMY CHASSE P00967183 2077732986 2026-04-13 2024 2025-03-06 01:10:19Z GEOFFREY WAGG 360 SPRING STREET PORTLAND ME 04102 32767351 false X WWW.WAYNFLETE.ORG X 1935 ME TO OFFER LOWER, MIDDLE, AND UPPER SCHOOL EDUCATION WHICH ENGAGES THE IMAGINATION AND INTELLECT OF ITS STUDENTS, GUIDES THEM TOWARDS SELF- GOVERNANCE AND SELF-KNOWLEDGE AND ENCOURAGES THEIR RESPONSIBLE AND CARING PARTICIPATION IN THE WORLD. 23 23 341 50 12920 11913 4775987 7375364 22831668 22672603 1838412 1966066 16283 3459 29462350 32017492 5680835 5591367 0 14553038 15024688 386652 449338 978961 5743748 5578291 26364273 26643684 3098077 5373808 70816327 79322942 21744464 23023694 49071863 56299248 X TO OFFER LOWER, MIDDLE, AND UPPER SCHOOL EDUCATION WHICH ENGAGES THE IMAGINATION AND INTELLECT OF ITS STUDENTS, GUIDES THEM TOWARDS SELF- GOVERNANCE AND SELF-KNOWLEDGE AND ENCOURAGES THEIR RESPONSIBLE AND CARING PARTICIPATION IN THE WORLD. false false 21924326 5591367 22672603 PRIVATE EARLY CHILDHOOD, ELEMENTARY, MIDDLE AND SECONDARY EDUCATION UTILIZED BY APPROXIMATELY 580 STUDENTS. 21924326 true true false false false false false false false true true true false false true true true false true false false false false true true false false false true true true false false false false false false true true true false true false false false false false false false false true 87 0 true 341 true true true false false false false false false false X 23 23 false false false false false false false true true false false false true true true true true true false false X TRACI DOWD 2077745721 360 SPRING STREET PORTLAND ME 04102 GEOFFREY WAGG HEAD OF SCHO 50.00 X 413000 0 122231 TRACI DOWD DIRECTOR OF 50.00 X 122500 0 21773 CARRIE MCCOLGAN ASSOC. HEAD 50.00 X 141385 0 23240 ASRA AHMED UPPER SCHOOL 50.00 X 149720 0 31808 ANNE SCRIBNER HOPKINS LOWER SCHOOL 50.00 X 133225 0 30526 DIVYA MURALIDHARA MIDDLE SCHOO 50.00 X 133225 0 22606 JOHN THURSTON COLLEGE COUN 50.00 X 116380 0 21297 MARY JANE PAGENSTECHER PERFORMING A 50.00 X 117438 0 21379 ADAM EDWARDS PRESIDENT 2.00 X X 0 0 0 CATHERINE CLOUDMAN VICE PRESIDE 2.00 X X 0 0 0 COLIN MARCH TREASURER 2.00 X X 0 0 0 JAMES REESE SECRETARY 2.00 X X 0 0 0 ELONIDE SEMMES TRUSTEE 2.00 X 0 0 0 BETSY LANGER TRUSTEE 2.00 X 0 0 0 PEG SMITH TRUSTEE 2.00 X 0 0 0 KATHERINE ARMSTRONG TRUSTEE 2.00 X 0 0 0 MARIA CANNING TRUSTEE 2.00 X 0 0 0 ALEX WIGHT TRUSTEE 2.00 X 0 0 0 NICOLE DUFAUCHARD TRUSTEE 2.00 X 0 0 0 EDWARD LI TRUSTEE 2.00 X 0 0 0 GIOVANNA GRAY LOCKHART TRUSTEE 2.00 X 0 0 0 JED PORTA TRUSTEE 2.00 X 0 0 0 JUSTIN SCHAIR TRUSTEE 2.00 X 0 0 0 KHALILAH UMMAH TRUSTEE 2.00 X 0 0 0 WARREN VALDMANIS TRUSTEE 2.00 X 0 0 0 CRICKET KING MEMBER AT LA 2.00 X 0 0 0 JAMES HIGGINS TRUSTEE 2.00 X 0 0 0 SHAMIT GROVER TRUSTEE 2.00 X 0 0 0 JONATHAN CULLEY TRUSTEE 2.00 X 0 0 0 MATT LACASSE TRUSTEE 2.00 X 0 0 0 KARA LEOPOLD TRUSTEE 2.00 X 0 0 0 1326873 294860 8 false true false SCOTT SIMONS ARCHITECTS LLC ARCHITECT 656728 COMMUNITY COUNSELLING SERVICES CC CONSULTANTS 394924 REVISION ENERGY INC SOLAR ENERGY 246317 ZACHAU CONSTRUCTION INC CONTRACTOR 197652 INDUSTRIAL ROOFING COMPANY ROOF CONTRACTOR 100001 5 7375364 1741053 7375364 TUITION 20614624 20614624 AFTER SCHOOL & LESSONS 598116 598116 SUMMER PROGRAMS 429515 429515 TUTORING 418501 418501 CAFETERIA 332969 332969 278878 278878 22672603 1328169 10652 1317517 54126 64400 -10274 -10274 -10274 1310631 5722 678456 632175 5722 637897 -3207 641104 15261 7003 8258 8258 LANDMARK EQUITY PARTNERS XVI 900099 5466 5466 LANDMARK EQUITY PARTNERS XVI 900099 9 9 5475 32017492 22672603 12920 1956605 5591367 5591367 768302 84451 639200 44651 10913992 9307358 1375646 230988 501471 457603 35718 8150 1994168 1715375 240374 38419 846755 678923 147417 20415 48759 48759 25000 25000 449338 449338 129445 129445 90822 46586 44236 257952 42318 189297 26337 281466 281466 150580 142442 182 7956 603250 603250 1099605 1099605 175803 175803 MAINTENCE, SUPPLIES 2391345 2051531 189528 150286 MISCELLANEOUS 242014 232402 8597 1015 DUES & SUBSCRIPTIONS 72592 17096 54090 1406 TRUSTEE EXPENSE 9658 9658 26643684 21924326 3740397 978961 9752932 11810621 2817332 3683683 2995645 3514732 -1260 3445 4982 2516 362160 379467 42611516 16216385 24246157 26395131 21669839 23556109 8815874 9788003 152666 189235 70816327 79322942 1708731 2727821 3457654 4044195 16329947 15797779 248132 453899 21744464 23023694 X 33114404 37570235 15957459 18729013 49071863 56299248 70816327 79322942 X 5373808 2030286 -176709 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30524573 1014768 3287432 398302 716028 196301 33516142 28869926 46125 2866827 352727 713949 191629 30524573 27257210 519901 2305606 326429 703739 182623 28869926 30530742 320251 -2329584 358310 726032 179857 27257210 24013745 652012 7118549 525321 587199 141044 30530742 0.57650 0.30230 0.12120 false false 811002 811002 39902033 14857666 25044367 1208610 939199 269411 689871 419520 270351 26395131 HEDGE FUND 9788003 F 9788003 INTEREST RATE SWAP LIABILITY 187680 RIGHT OF USE LIABILITY 168494 FUNDS HELD AS AGENT 97725 453899 X 27765318 2030286 -99390 1930896 25834422 129445 6053625 6183070 32017492 20537933 64399 64399 20473534 129445 6040705 6170150 26643684 SCHEDULE D, PAGE 2, PART V, LINE 4 WAYNFLETE HAS A POLICY OF APPROPRIATING FUNDS FOR DISTRIBUTION EACH YEAR EQUAL TO 4.5% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR 12 QUARTERS THROUGH THE FISCAL YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ACCORDANCE WITH UPMIFA, THE SCHOOL CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE SCHOOL AND DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE SCHOOL; AND THE INVESTMENT POLICIES OF THE SCHOOL. SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY IF THE SCHOOL HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. SCHEDULE D, PAGE 4, PART XI, LINE 2D UNREALIZED GAIN ON INTEREST RATE SWAP -167,150 SPECIAL EVENT EXPENSES 7,003 BAD DEBT EXPENSE -3,642 RENTAL EXPENSES 64,399 SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID 5,591,367 PROFESSIONAL FUNDRAISING FEES 449,338 INVESTMENT INCOME 5,464 INVESTMENT INCOME -3,207 INVESTMENT INCOME 64 INVESTMENT INCOME 10,599 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 64,399 SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID 5,591,367 PROFESSIONAL FUNDRAISING FEES 449,338 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 THIS POLICY IS ALSO LOCATED ON THE SCHOOL'S WEBSITE: WAYNFLETE ADMITS STUDENTS OF ANY RACE, COLOR, RELIGIOUS AFFILIATION, NATIONAL AND ETHNIC ORIGIN, AND WITHOUT REGARD TO DISABILITY, TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGIOUS AFFILIATION, NATIONAL AND ETHNIC ORIGIN, OR DISABILITY IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS. X X X true COMMUNITY COUNSELLING SERVICES LLC PO BOX 824885 PHILADELPHIA PA 191824885 CAP CMPGN false 449338 -449338 449338 SPRING FLING FA 15261 15261 7003 15261 15261 7003 7003 8258 true FINANCIAL AID 218 5591367 TUITION ASSIST X X X true true X X X X X false true false false false false false false false GEOFFREY WAGG HEAD OF SCHOOL 390000 23000 26325 95906 535231 CARRIE MCCOLGAN ASSOC. HEAD OF SCHOO 141385 9543 13697 164625 ASRA AHMED UPPER SCHOOL DIRECTO 149720 10106 21702 181528 ANNE SCRIBNER HOPKINS LOWER SCHOOL DIR. 133225 8993 21533 163751 DIVYA MURALIDHARA MIDDLE SCHOOL DIR. 133225 8993 13613 155831 SCHEDULE J, PAGE 1, PART I, LINE 4 GEOFFREY WAGG 0 23,000 0 SCHEDULE J, PART III GEOFF WAGG'S OTHER COMPENSATION TOTALING 23,000 IS HIS 457B BENEFIT. MR. WAGG'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 19,605 HEALTH INSURANCE 4,556 OTHER BENEFITS 71,746 HOUSING ALLOWANCE 95,907 NON-TAXABLE BENEFIT MS. MCCOLGAN'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 11,685 HEALTH INSURANCE 2,012 OTHER BENEFITS 13,697 NON-TAXABLE BENEFIT MS. AHMED'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 19,605 HEALTH INSURANCE 2,097 OTHER BENEFITS 21,702 NON-TAXABLE BENEFIT MS. HOPKIN'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 19,605 HEALTH INSURANCE 1,929 OTHER BENEFITS 21,534 NON-TAXABLE BENEFIT MS. MURALIDHARA'S NON-TAXABLE BENEFITS, WHICH INCLUDE THE EMPLOYER AND EMPLOYEE PORTION OF PREMIUMS PAID, ARE ITEMIZED BELOW: 11,685 HEALTH INSURANCE 1,929 OTHER BENEFITS 13,614 NON-TAXABLE BENEFIT A FAME - TAX-EXEMPT BOND LIABILITY A 010392006 56042BBM8 2014-10-30 10360000 REFINANCE 2007 BOND false false false B FAME - TAX-EXEMPT BOND LIABILITY B 010392006 56042BBM8 2014-10-30 9640000 FINANCE CAPITAL PROJECTS false false false A 10360000 210000 10150000 2008 false true true true B 9640000 9640000 2018 false false true true A false false false false false false true B false false false false false false true A false false true true true true WELLS FARGO 22.900000000000 false false false false true B false false true true true true M&T BANK 12.000000000000 false false false true true A true B true PURPOSE OF ISSUE DESCRIPTION FAME - TAX-EXEMPT BOND LIABILITY A REFINANCE 2007 BOND PURPOSE OF ISSUE DESCRIPTION FAME - TAX-EXEMPT BOND LIABILITY B FINANCE CAPITAL PROJECTS DATE REBATE COMPUTATION PERFORMED FAME - TAX-EXEMPT BOND LIABILITY A 10/28/25 DATE REBATE COMPUTATION PERFORMED FAME - TAX-EXEMPT BOND LIABILITY B 10/28/25 INTERESTED PERSON 26170 QUALIFYING NEED-BASED FINANCIAL AID TUITION ASSISTANCE PISCATAQUA LANDSCAPING TRUSTEE 79853 PROPERTY SERVICES false SCHEDULE L, PART V THE HEAD OF SCHOOL'S SPOUSE TEACHES AND COACHES AT THE SCHOOL, AND HAS AN ANNUAL STIPEND FOR OTHER SERVICES PROVIDED THROUGHOUT THE SCHOOL YEAR. X 10 1740609 FAIR MARKET VALUE X ROU BOATHOUSE 1 444 FAIR MARKET VALUE false false false FORM 990 - ORGANIZATION'S MISSION TO OFFER LOWER, MIDDLE, AND UPPER SCHOOL EDUCATION WHICH ENGAGES THE IMAGINATION AND INTELLECT OF ITS STUDENTS, GUIDES THEM TOWARDS SELF- GOVERNANCE AND SELF-KNOWLEDGE AND ENCOURAGES THEIR RESPONSIBLE AND CARING PARTICIPATION IN THE WORLD. FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST IS MONITORED EVERY YEAR, AS THE TRUSTEES ARE ASKED TO COMPLETE A FORM ANNUALLY. IF A CONFLICT EXISTS, IT IS DISCUSSED AND RESOLVED AT THE BOARD LEVEL. TRUSTEES RECUSE THEMSELVES FROM A VOTE WHEN A CONFLICT ARISES. ENFORCEMENT IS PART OF THE GOVERNING PROCESS. FORM 990, PAGE 6, PART VI, LINE 15A IN THE FALL OF 2021, THE EVALUATION AND COMPENSATION COMMITTEE, CONSISTING OF THE BOARD CHAIR, VICE CHAIR AND TREASURER INITIATED A PROCESS TO NEGOTIATE A NEW CONTRACT WITH THE HEAD OF SCHOOL, GEOFF WAGG. AT THAT POINT IN TIME, MR. WAGG HAD BEEN IN HIS CURRENT POSITION FOR APPROXIMATELY TEN YEARS AND, BASED ON ANNUAL EMPLOYMENT EVALUATIONS, THE BOARD HAS BEEN AND CONTINUES TO BE HIGHLY SATISFIED WITH HIS PERFORMANCE IN THE ROLE. ADDITIONALLY, MR. WAGG HAS TAKEN ON LEADERSHIP ROLES WITHIN NATIONAL SCHOOL ASSOCIATIONS THAT HAVE ENHANCED THE PROMINENCE OF THE SCHOOL AS WELL AS HIS OWN STATURE IN THE INDUSTRY. THE COMMITTEE ENGAGED OUTSIDE PROFESSIONALS TO ASSIST IN THE PROCESS INCLUDING THE SCHOOL'S LAW FIRM, BERNSTEIN SHUR AND DAVID STETTLER, A FORMER HEAD OF SCHOOL AND INDEPENDENT CONSULTANT TO SCHOOLS. THE COMMITTEE GATHERED DATA FROM INDEX SCHOOLS ON MARKET COMPENSATION LEVELS AND FROM OTHER OUTSIDE RESOURCES RELATED TO BEST COMPENSATION PRACTICES IN THE INDUSTRY. BASED ON THE INDEPENDENT INFORMATION OBTAINED, MR. WAGG'S COMPENSATION PACKAGE WAS ADJUSTED TO BRING HIM IN LINE WITH MARKET LEVELS FOR HEADS OF SCHOOL IN THEIR POSITION FOR TEN PLUS YEARS. ADDITIONALLY, OTHER ELEMENTS OF MR. WAGG'S COMPENSATION PACKAGE WERE NEGOTIATED TO INCREASE STABILITY IN THE ROLE AND PROVIDE ENHANCED VISIBILITY AROUND ANY FUTURE TRANSITIONS IN THE ROLE. THE COMPENSATION PACKAGE AND THE PROCESS UNDERTAKEN WAS REVIEWED AND APPROVED BY THE FULL BOARD AND PROVIDES AN ANTICIPATED SCHEDULE OF COMPENSATION AND BENEFITS THROUGH FY27. TOTAL COMPENSATION AND BENEFITS REPORTED ON SCHEDULE J INCLUDE 390,000 FOR BASE COMPENSATION, 23,000 FOR HIS 457B BENEFIT, 24,161 FOR EMPLOYER AND EMPLOYEE CONTRIBUTIONS FOR HEALTH, DENTAL PLANS AND EMPLOYEE HEALTH REIMBURSEMENT PLAN AND 71,746 FOR THE REPORTABLE HOUSING VALUATION FOR HIS CONTRACTUAL OBLIGATION TO LIVE ON CAMPUS. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 9 UNREALIZED GAIN ON INTEREST RATE SWAP -167,150 SPECIAL EVENT EXPENSES 7,003 BAD DEBT EXPENSE -3,642 RENTAL EXPENSES 64,399 FINANCIAL AID -5,591,367 PROFESSIONAL FUNDRAISING FEES -449,338 INVESTMENT INCOME -5,464 INVESTMENT INCOME 3,207 INVESTMENT INCOME -64 INVESTMENT INCOME -10,599 RENTAL EXPENSES -64,399 FINANCIAL AID 5,591,367 PROFESSIONAL FUNDRAISING FEES 449,338 TOTAL -176,709 FORM 990, PAGE 12, PART XII, LINE 2C PROCEDURES FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCCOUNTANT DID NOT CHANGE FROM PRIOR YEARS.