2025-04-24T11:21:41-05:00 2024-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2023-07-01 131740452 HACKLEY SCHOOL HACK 9146310128 293 BENEDICT AVENUE TARRYTOWN NY 10591 ERIN BERNSTEIN CHIEF FINANCIAL OFFICER 9143662604 2025-04-24 1 0 WILLIAM EPSTEIN P01307171 2129498700 2023 2025-03-06 01:10:19Z CHARLES FRANKLIN 293 BENEDICT AVENUE TARRYTOWN NY 10591 95797257 0 X WWW.HACKLEYSCHOOL.ORG X 1900 NY THE SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL (K THROUGH 12) FOR BOYS AND GIRLS. 23 23 401 1001 492510 57289 10847976 11003071 44003012 46858429 2591024 3770740 753596 880996 58195677 62513236 7961579 8467927 0 0 30822937 31953549 0 0 2031291 16290308 17184305 55074824 57605781 3120853 4907455 278591513 300465630 30588921 38438568 248002592 262027062 THE SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL FOR BOYS AND GIRLS IN KINDERGARTEN THROUGH 12 GRADE. 0 0 49322861 8467927 46267801 INSTRUCTION AND RELATED COSTS - INCLUDES ALL COSTS ASSOCIATED WITH INSTRUCTION OF 855 STUDENTS. THE SCHOOL OFFERS FINANCIAL AID GRANTS TO QUALIFIED STUDENTS BASED ON DEMONSTRATED NEED. 459900 590628 AUXILIARY ACTIVITIES INCLUDES SERVICES INDIRECTLY RELATED TO INSTRUCTION SUCH AS STUDENT ACTIVITIES EXPENSES, MUSIC INSTITUTE, DRIVERS EDUCATION, ETC., AS WELL AS FACILITIES RENTAL ACTIVITIES. 49782761 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 139 0 401 1 1 1 0 0 0 0 0 0 0 1 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ERIN BERNSTEIN 9143662604 C/O HACKLEY SCHOOL 293 BENEDICT TARRYTOWN NY 10591 SHERRY BLOCKINGER TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER P BOGART TRUSTEE 1.00 0.00 X 0 0 0 JOHN C CANONI TRUSTEE 1.00 0.00 X 0 0 0 THOMAS A CAPUTO TRUSTEE 1.00 0.00 X 0 0 0 H RODGIN COHEN TRUSTEE 1.00 0.00 X 0 0 0 MARIA A DOCTERS VICE PRESIDENT 3.00 0.00 X X 0 0 0 DAWN N FITZPATRICK TRUSTEE 1.00 0.00 X 0 0 0 DAVID I GLUCKMAN TREASURER 3.00 0.00 X X 0 0 0 ERIC B GYASI SECRETARY 3.00 0.00 X X 0 0 0 DANIEL E RIFKIN TRUSTEE 1.00 0.00 X 0 0 0 LINDA HOLDEN-BRYANT TRUSTEE 1.00 0.00 X 0 0 0 KAVEH KHOSROWSHAHI VICE PRESIDENT 3.00 0.00 X X 0 0 0 JEFFERY A LIBERT TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL H LOWRY TRUSTEE 1.00 0.00 X 0 0 0 HARVINDER SANDHU MD PRESIDENT 6.00 0.00 X X 0 0 0 RACHEL MEARS TRUSTEE 1.00 0.00 X 0 0 0 HANNAH E SAUJET TRUSTEE 1.00 0.00 X 0 0 0 JUMAANE SAUNDERS TRUSTEE 1.00 0.00 X 0 0 0 SY STERNBERG TRUSTEE 1.00 0.00 X 0 0 0 JOHN R TORELL IV TRUSTEE 1.00 0.00 X 0 0 0 SARAH UNGER TRUSTEE 1.00 0.00 X 0 0 0 MAUREEN WRIGHT TRUSTEE 1.00 0.00 X 0 0 0 AMY WONG TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL WIRTZ HEAD OF SCHOOL (THRU 6/30/23) 40.00 0.00 X 432602 0 30317 CHARLES FRANKLIN HEAD OF SCHOOL (FROM 7/1/2023) 50.00 0.00 X 280175 0 33014 ERIN BERNSTEIN CHIEF FINANCIAL OFFICER 40.00 0.00 X 282213 0 44887 LISA OBERSTERIN DIRECTOR OF LOWER SCHOOL 40.00 0.00 X 179241 0 41658 TERESA WEBER DIRECTOR OF ADVANCEMENT (THRU 06/30/23) 40.00 0.00 X 199218 0 13819 JOHN P GANNON DIRECTOR OF ADVANCEMENT 40.00 0.00 X 225403 0 46585 BASIL KOLANI DIRECTOR OF ACADEMIC AFFAIRS 40.00 0.00 X 175811 0 12800 ANDREW M KING DIRECTOR OF UPPER SCHOOL 40.00 0.00 X 193878 0 56840 1968541 0 279920 116 1 1 0 CONSIGLI CONSTRUCTION NY LLC 199 WEST ROAD SUITE 100 PLEASANT VALLEY NY 12559 CONSTRUCTION CONTRACTOR 15467145 FLIK INDEPENDENT SCHOOLS PO BOX 204 BALDWIN NY 10505 FOOD SERVICE 2189528 PELLI CLARKE & PARTNERS INC 322 8TH AVENUE NEW YORK NY 10001 ARCHITECT 602436 SELBY BUS IV CORP 756 NEPPHERHAN AVENUE YONKERS NY 10703 TRANSPORTATION 521381 SUPER WHEELS INC 24 FULLERTON AVENUE YONKERS NY 10704 TRANSPORTATION 303287 21 173022 287211 629707 9913131 5921215 11003071 TUITION AND FEES 611710 46267801 46267801 AUXILLARY AND OTHER ACTIVITIES 532000 590628 590628 46858429 4085026 4085026 1079454 198458 880996 880996 492510 388486 32723108 33037394 -314286 -314286 -314286 48169 173022 48169 0 62513236 46858429 492510 4159226 8467927 8467927 1562259 1338907 155971 67381 22026171 18877155 2199019 949997 2013762 1725861 201047 86854 4489538 3828520 461092 199926 1861819 1595640 185878 80301 121280 121280 133134 133134 141341 141341 465829 465829 1371424 325043 665874 380507 106012 24220 80581 1211 5007256 4005805 801161 200290 591446 575228 10288 5930 MAINTENANCE 3329220 3227208 68749 33263 INSTRUCTIONAL SUPPLIES 2678035 2674080 2127 1828 FOOD SERVICES 2071728 1966190 85268 20270 ATHLETICS 785369 785369 382231 365608 13090 3533 57605781 49782761 5791729 2031291 2989 2989 9669279 18974277 2920300 2855240 62233 166394 12527 231 26150 36298 1105655 941814 234524830 64825750 142624890 169699080 119333120 105200920 2504397 1898933 329973 689454 278591513 300465630 6335664 13064777 17013748 17941320 1910000 1595000 5329509 5837471 30588921 38438568 X 154058310 163958674 93944282 98068388 248002592 262027062 278591513 300465630 X 4907455 9068891 48124 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 37.00 0 0 1 0 50.00 2000 1 61462767 1203786 8272836 1577510 941046 68420833 57438955 685458 5692779 1458042 896383 61462767 58959032 8986649 -8321669 1486804 698253 57438955 45987330 4008133 10922851 1467716 491566 58959032 45346604 763875 954098 786142 291105 45987330 0.39000 0.39000 0.22000 0 0 7974241 7974241 200090315 49973299 150117016 10399278 8402448 1996830 16060996 6450003 9610993 169699080 POSTRETIREMENT BENEFIT OBLIGATIONS 5540289 LEASE LIABILITY 297182 5837471 X 63171317 9068891 198458 9267349 53903968 141341 8467927 8609268 62513236 49204773 208260 208260 48996513 141341 8467927 8609268 57605781 PART II, LINE 9: CONSERVATION EASEMENT: THE LAND OWNED BY THE SCHOOL IS INCLUDED IN THE SCHOOL'S STATEMENT OF FINANCIAL POSITION. THERE IS NO REVENUE AND MINIMAL EXPENSE ASSOCIATED WITH THE CONSERVATION EASEMENT, AND ACCORDINGLY, THERE IS NO FOOTNOTE DISCLOSURE REGARDING THE EASEMENT. PART V, LINE 4: ENDOWMENT FUNDS: THE SCHOOL'S ENDOWMENT GENERATES A STREAM OF REVENUE THAT HELPS FUND ITS PROGRAMS, INCLUDING ITS FINANCIAL AID PROGRAM. PART X, LINE 2: ASC 740 - INCOME TAXES: THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES", AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. THE SCHOOL IS SUBJECT TO AND PAYS UNRELATED BUSINESS INCOME TAX RELATING TO ITS RENTAL ACTIVITIES; BECAUSE THE SCHOOL HAS ALWAYS RECOGNIZED THE LIABILITY RELATED TO THIS UNRELATED BUSINESS INCOME AND BECAUSE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 198,458. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,467,927. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES 198,458. INCREASE IN ALLOWANCE FOR UNCOLLECTIBLE STUDENT ACCOUNTS 9,802. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,467,927. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY: THE SCHOOL PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 FINANCIAL AID/ASSISTANCE FROM A GOVERNMENT AGENCY: THE SCHOOL RECEIVES FUNDS FROM NEW YORK STATE FOR THE PERFORMANCE OF MANDATED SERVICES AND CAPITAL EXPENDITURES. 0 CENTRAL AMERICA/CARIBBEAN INVESTMENTS 1898933 0 0 0 0 0 0 1898933 0 1898933 0 0 0 0 0 0 PART I, LINE 3: AMOUNT REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. SPRING INTERLUDE 221191 173022 48169 2000 35380 4150 6639 221191 173022 48169 2000 35380 4150 6639 48169 0 1 FINANCIAL ASSISTANCE 138 8467927 FMV TUITION REDUCTION SCHEDULE I - PART 3, LINE 1 THE SCHOOL'S FINANCIAL AID OFFICE REVIEWS PARENTS' FINANCIAL STATEMENTS, INCLUDING INDIVIDUAL TAX RETURNS, AND THEN THE FINANCIAL AID COMMITTEE AWARDS AID ON THE BASIS OF DEMONSTRATED NEED. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 MICHAEL WIRTZ HEAD OF SCHOOL (THRU 6/30/23) 432602 0 0 0 0 0 16916 0 13401 0 462919 0 0 0 ERIN BERNSTEIN CHIEF FINANCIAL OFFICER 282213 0 0 0 0 0 22348 0 22539 0 327100 0 0 0 CHARLES FRANKLIN HEAD OF SCHOOL (FROM 7/1/2023) 280175 0 0 0 0 0 18715 0 14299 0 313189 0 0 0 JOHN P GANNON DIRECTOR OF ADVANCEMENT 225403 0 0 0 0 0 24046 0 22539 0 271988 0 0 0 ANDREW M KING DIRECTOR OF UPPER SCHOOL 193878 0 0 0 0 0 20509 0 36331 0 250718 0 0 0 LISA OBERSTERIN DIRECTOR OF LOWER SCHOOL 179241 0 0 0 0 0 13958 0 27700 0 220899 0 0 0 TERESA WEBER DIRECTOR OF ADVANCEMENT (THRU 06/30/ 199218 0 0 0 0 0 9190 0 4629 0 213037 0 0 0 BASIL KOLANI DIRECTOR OF ACADEMIC AFFAIRS 175811 0 0 0 0 0 12800 0 0 0 188611 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS, AS BOARDING STUDENTS RESIDE AT THE SCHOOL. SINCE THE HEAD OF SCHOOL'S HOME SERVES AS HIS PERMANENT RESIDENCE, PERSONAL USE OF THE HOME DOES OCCUR. THE SCHOOL PAYS FOR A CLEANING SERVICE FOR THE HOME, AS NEEDED. THE HOUSING REQUIREMENT PROVISION IS CONTAINED IN THE EMPLOYMENT CONTRACT OF THE HEAD OF SCHOOL. DURING THE CURRENT REPORTING PERIOD, THE SCHOOL DID NOT PROVIDE ANY FUNDS FOR COMPANION TRAVEL. PART I, LINE 4B THE SCHOOL CONTRIBUTED TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR THE FORMER HEAD OF SCHOOL. A COUNTY OF WESTCHESTER INDUSTRIAL DEVELOPMENT AGENCY 521294265 957368FMO 2004-01-02 16000000 FINANCING RENOVATION 0 0 0 A 14405000 16000000 714662 274337 15285739 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 0 0 0 0 A 0 X 36 5836727 COMPARABLE SALES X AUCTIONED ITEMS 80 84488 COMPARABLE SALES 0 1 1 PART I, COLUMN (B): THE AMOUNTS NOTED IN COLUMN B REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: THE SCHOOL USES TD AMERITRADE TO SELL DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD AND THEN PRESENTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL, WITH COPIES BEING DISTRIBUTED IN ADVANCE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT-OF-INTEREST POLICY: THE CONFLICT-OF-INTEREST POLICY IS DISTRIBUTED ANNUALLY ALONG WITH A DECLARATION FORM TO KEY PERSONNEL AND ADMINISTRATORS, AS WELL AS ALL TRUSTEES. THE BUSINESS OFFICE COLLECTS ALL DECLARATION FORMS AND PREPARES A MEMO OF ALL KNOWN CONFLICTS FOR THE CHAIR OF THE AUDIT COMMITTEE, THE HEAD OF SCHOOL, AND THE PRESIDENT OF THE BOARD OF TRUSTEES TO REVIEW. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING COMPENSATION: THE HEAD OF SCHOOL SETS COMPENSATION POOLS FOR ALL EMPLOYEES. COMPENSATION IS BASED ON COMPARABLE DATA OBTAINED FROM PEER INSTITUTIONS AND AN ASSOCIATION OF INDEPENDENT SCHOOLS. THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE. AN ASSESSMENT OF PERFORMANCE ALONG WITH COMPARABLE DATA PROVIDED FROM PEER SCHOOLS ARE USED TO DETERMINE THIS COMPENSATION. THE HEAD OF SCHOOL AND ASSOCIATE HEAD OF SCHOOL HAVE WRITTEN EMPLOYMENT AGREEMENTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS: THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN POST RETIREMENT BENEFITS 57,926. INCREASE IN ALLOWANCE FOR DOUBTFUL STUDENT ACCOUNTS -9,802. HACKLEY ALUMNI ENDOWMENT FUND 293 BENEDICT AVENUE TARRYTOWN NY 10591 136068876 CHARITABLE NY 501 (C) (3) 12A ; TYPE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 HACKLEY ALUMNI ENDOWMENT FUND C 287211 FMV