2024-04-15T13:40:06-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2022-07-01 131740452 HACKLEY SCHOOL HACK 9146310128 293 BENEDICT AVENUE TARRYTOWN NY 10591 ERIN BERNSTEIN CHIEF FINANCIAL OFFICER 9143662604 2024-04-15 1 ERIN BERNSTEIN 999009999 0 WILLIAM EPSTEIN P01307171 2129498700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES FRANKLIN C/O HACKLEY SCHOOL 293 BENEDICT AVENUE TARRYTOWN NY 10591 70143522 0 X WWW.HACKLEYSCHOOL.ORG X 1900 NY THE SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL (K THROUGH 12) FOR BOYS AND GIRLS. 24 24 422 738 418555 31263 17564139 10847976 42407323 44003012 3279953 2591024 577121 753665 63828536 58195677 7890641 7961579 0 0 29476799 30822937 0 0 2183884 15679152 16290308 53046592 55074824 10781944 3120853 269303237 278591513 28865657 30588921 240437580 248002592 THE SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL FOR BOYS AND GIRLS IN KINDERGARTEN THROUGH 12 GRADE. 0 0 46234758 7961579 43281371 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. 265153 1137859 AUXILIARY ACTIVITIES INCLUDES SERVICES INDIRECTLY RELATED TO INSTRUCTION SUCH AS STUDENT ACTIVITIES EXPENSES, MUSIC INSTITUTE, DRIVERS EDUCATION, ETC., AS WELL AS SUMMER PROGRAMS AND FACILITIES RENTAL ACTIVITIES. 46499911 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 1 133 0 422 1 1 1 0 0 0 0 0 0 0 1 0 0 0 X 24 24 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 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 PRESIDENT - UNTIL 6/30/23 4.00 0.00 X 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 TRUSTEE 1.00 0.00 X 0 0 0 ERIC B GYASI SECRETARY 3.00 0.00 X 0 0 0 AMY WONG TRUSTEE 1.00 0.00 X 0 0 0 LINDA HOLDEN-BRYANT TRUSTEE 1.00 0.00 X 0 0 0 KAVEH KHOSROWSHAHI TRUSTEE 1.00 0.00 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 VICE PRESIDENT AND TREASURER 3.00 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 X 0 0 0 JOHN R TORELL IV TRUSTEE 1.00 0.00 X 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 DANIEL E RIFKIN TRUSTEE 1.00 0.00 X 0 0 0 LINDA V GREENBERG TRUSTEE - UNTIL 11/2022 1.00 0.00 X 0 0 0 SHERRY BLOCKINGER TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER P BOGART TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL WIRTZ HEAD OF SCHOOL (THRU 6/30/23) 50.00 0.00 X 439907 0 102643 PETER MCANDREW DIRECTOR OF FINANCE (THRU 6/30/22) 40.00 0.00 X 259755 0 30230 ERIN BERNSTEIN CHIEF FINANCIAL OFFICER - FROM 7/1/22 40.00 0.00 X 147492 0 23228 LISA OBERSTEIN DIRECTOR OF LOWER SCHOOL 40.00 0.00 X 176627 0 34006 TERESA WEBER DIRECTOR OF ADVANCEMENT (THRU 6/30/23) 40.00 0.00 X 229149 0 24918 JOHN P GANNON DIRECTOR OF DEVELOPMENT 40.00 0.00 X 216549 0 41067 ANDREW M KING DIRECTOR OF UPPER SCHOOL 40.00 0.00 X 192075 0 43490 BOBBY ALDRICH DIRECTOR OF OPERATIONS AND CAMPUS PLANNING 40.00 0.00 X 166802 0 20143 1828356 0 319725 107 0 1 0 CONSIGLI CONSTRUCTION NY LLC 199 WEST ROAD SUITE 100 PLEASANT VALLEY NY 12559 CONSTRUCTION CONTRACTOR 3003281 FLIK INDEPENDENT SCHOOLS PO BOX 204 BALDWIN NY 10505 FOOD SERVICE 2106179 PELLI ARCHITECTS INC 322 8TH AVENUE NEW YORK NY 10001 ARCHITECT 426380 LOCKE LORD LLP 24259 NETWORK PLACE CHICAGO IL 606731242 ATTORNEY 335884 MIRMUS INC 60 PARKSIDE AVE SUITE 122 BROOKLYN NY 11226 COVID 19 TESTING 328750 29 164586 57025 6577486 4048879 101845 10847976 TUITION AND FEES 611710 43281371 43281371 AUXILLARY ACTIVITIES 532000 721641 721641 44003012 2961696 2961696 873055 119390 753665 753665 418555 335110 11391376 11762048 -370672 -370672 -370672 66407 164586 66407 0 58195677 44003012 418555 2926134 7961579 7961579 913124 757238 110518 45368 22438955 18567128 2763083 1108744 1575806 1319128 176546 80132 4392954 3677401 492164 223389 1502098 1257426 168288 76384 441154 441154 112782 112782 110876 110876 308900 32730 275833 337 1384090 265065 731110 387915 94702 24221 69270 1211 5089796 4071837 814367 203592 560529 543713 11211 5605 MAINTENANCE 2890958 2804864 57396 28698 INSTRUCTIONAL SUPPLIES 2559524 2550979 5802 2743 FOOD SERVICES 1708785 1657521 34176 17088 ATHLETICS 755287 755287 272925 253794 16453 2678 55074824 46499911 6391029 2183884 1158 2989 8717011 9669279 4519883 2920300 1018186 62233 16052 12527 28764 26150 649113 1105655 202443384 59818494 129882392 142624890 121341438 119333120 2858558 2504397 270682 329973 269303237 278591513 4091819 6335664 17484719 17013748 2225000 1910000 5064119 5329509 28865657 30588921 X 149086170 154058310 91351410 93944282 240437580 248002592 269303237 278591513 X 3120853 5763346 -1319187 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 57438955 685458 5692779 1458042 896383 61462767 58959032 8986649 -8321669 1486804 698253 57438955 45987330 4008133 10922851 1467716 491566 58959032 45346604 763875 954098 786142 291105 45987330 43228044 759876 2268684 658883 251117 45346604 0.40000 0.41000 0.19000 0 0 7974241 7974241 168414494 45881126 122533368 10118978 7933579 2185399 15935671 6003789 9931882 142624890 POSTRETIREMENT BENEFIT OBLIGATIONS 5329509 5329509 X 56005958 5763346 119390 5882736 50123222 110876 7961579 8072455 58195677 48432856 1430487 1430487 47002369 110876 7961579 8072455 55074824 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 119,390. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 7,961,579. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES 119,390. INCREASE IN ALLOWANCE FOR UNCOLLECTIBLE STUDENT ACCOUNTS 111,097. INCREASE IN ALLOWANCE FOR PLEDGES 1,200,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 7,961,579. 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 2504397 0 0 0 0 0 0 2504397 0 2504397 0 0 0 0 0 0 PART I, LINE 3: AMOUNT REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: SPRING INTERLUDE 230993 164586 66407 44472 2750 19185 230993 164586 66407 44472 2750 19185 66407 0 1 FINANCIAL ASSISTANCE 141 7961579 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 1 0 MICHAEL WIRTZ HEAD OF SCHOOL (THRU 6/30/23) 427587 0 0 0 12320 0 82375 0 20268 0 542550 0 0 0 PETER MCANDREW DIRECTOR OF FINANCE (THRU 6/30/22) 236922 0 14000 0 8833 0 21236 0 8994 0 289985 0 0 0 JOHN P GANNON DIRECTOR OF DEVELOPMENT 215049 0 1500 0 0 0 23025 0 18042 0 257616 0 0 0 TERESA WEBER DIRECTOR OF ADVANCEMENT (THRU 6/30/2 227649 0 1500 0 0 0 17462 0 7456 0 254067 0 0 0 ANDREW M KING DIRECTOR OF UPPER SCHOOL 188075 0 4000 0 0 0 20141 0 23349 0 235565 0 0 0 LISA OBERSTEIN DIRECTOR OF LOWER SCHOOL 172627 0 4000 0 0 0 13736 0 20270 0 210633 0 0 0 BOBBY ALDRICH DIRECTOR OF OPERATIONS AND CAMPUS PL 165302 0 1500 0 0 0 12687 0 7456 0 186945 0 0 0 ERIN BERNSTEIN CHIEF FINANCIAL OFFICER - FROM 7/1/2 137492 0 10000 0 0 0 9363 0 13865 0 170720 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 CONTRIBUTES TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR THE HEAD OF SCHOOL. PART I, LINE 7 THE HEAD OF SCHOOL AWARDED CERTAIN EMPLOYEES NON-FIXED DISCCRETIONARY BONUSES BASED ON ADDITIONAL WORK PERFORMED DURING THE PANDEMIC. 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. A COUNTY OF WESTCHESTER INDUSTRIAL DEVELOPMENT AGENCY 521294265 957368FMO 2004-01-02 16000000 FINANCING RENOVATION 0 0 0 A 14090000 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 14 101845 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 FINANCE 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 HAS A WRITTEN EMPLOYMENT AGREEMENT. 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 -8,090. INCREASE IN ALLOWANCE FOR DOUBTFUL STUDENT ACCOUNTS -111,097. INCREASE IN ALLOWANCE FOR PLEDGES -1,200,000. 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 57025 FMV