2024-03-22T09:37:25-05:00 2023-08-31 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2022-09-01 050270487 THE WINCHENDON SCHOOL INC C/O JANET GELINAS CFO WINC 9782971223 172 ASH STREET WINCHENDON MA 01475 JANET GELINAS CHIEF FINANCIAL OFFICER 9782971223 2024-03-20 1 JANET GELINAS 999009999 0 LAURA KIELCZEWSKI P00740769 9592007000 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JANET GELINAS 172 ASH STREET WINCHENDON MA 01475 24986577 0 X WWW.WINCHENDON.ORG X 1962 MA AT THE WINCHENDON SCHOOL, WE EQUIP EACH STUDENT WITH THE ESSENTIAL SKILLS AND HABITS OF MIND TO SUCCEED IN COLLEGE AND BEYOND. 21 19 171 19 143883 0 258720 510213 14458575 15875600 571340 769628 370118 415075 15658753 17570516 4999345 6046495 0 0 7186270 7583955 0 0 370535 5903815 5945439 18089430 19575889 -2430677 -2005373 65315950 69647007 17607990 21581100 47707960 48065907 AT THE WINCHENDON SCHOOL, WE EQUIP EACH STUDENT WITH THE ESSENTIAL SKILLS AND HABITS OF MIND TO SUCCEED IN COLLEGE AND BEYOND. 0 0 16029268 6046495 15878212 TO PROVIDE EDUCATIONAL SERVICES IN PREPARING APPROXIMATELY 275-290 YOUNG MEN AND WOMEN FOR HIGHER EDUCATION. 16029268 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 60 0 1 171 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X JANET GELINAS 9782971223 172 ASH STREET WINCHENDON MA 01475 KIMBERLY ANSIN TRUSTEE 1.00 1.00 X 0 0 0 RONALD BURTON TRUSTEE 1.00 1.00 X 0 0 0 D CANE CALLON CLERK/TRUSTEE 1.00 1.00 X X 0 0 0 MANUEL CARBALLO TRUSTEE 1.00 1.00 X 0 0 0 JENNIFER DOCKERY TRUSTEE 1.00 1.00 X 0 0 0 JESSICA HEINZER TRUSTEE 1.00 1.00 X 0 0 0 JAMES HEUTEL TREASURER/TRUSTEE 1.00 1.00 X X 0 0 0 EMILIE K HINMAN TRUSTEE 1.00 1.00 X 0 0 0 JOHN HIPP PRESIDENT OF BOARD/TRUSTEE 2.00 2.00 X X 0 0 0 TRACY MATHIEU HUFFMAN TRUSTEE 1.00 1.00 X 0 0 0 GLENN A HUNT ASSISTANT CLERK/TRUSTEE 1.00 1.00 X X 0 0 0 DR LAURIE NOLAN KELLEY VICE PRESIDENT/TRUSTEE 2.00 2.00 X X 0 0 0 JOHN A KERNEY CEO/TRUSTEE 35.00 25.00 X X 343525 0 47200 DR JERRY LARSON TRUSTEE 1.00 1.00 X 0 0 0 SEAN M MURPHY TRUSTEE 1.00 1.00 X 0 0 0 EIKO OOKA TRUSTEE 1.00 1.00 X 0 0 0 ROMONA REID TRUSTEE/TEACHER 55.00 1.00 X 58782 0 16785 EMILY VILLARI TRUSTEE 1.00 1.00 X 0 0 0 GAIL WHIPPLE TRUSTEE 1.00 1.00 X 0 0 0 FRANCIS M ANDERSON III TRUSTEE 1.00 1.00 X 0 0 0 MICHAEL CHAPMAN TRUSTEE 1.00 1.00 X 0 0 0 JANET GELINAS CHIEF FINANCIAL OFFICER 55.00 X 137653 0 5982 B KELLY HARRIS ASSISTANT HEAD OF SCHOOL 55.00 X 114690 0 16313 LAUREN LAMBERT HEAD OF SCHOOL 55.00 X 164448 0 22457 JOHN TOFFEY ASSISTANT HEAD OF SCHOOL 55.00 X 156894 0 22444 975992 0 131181 5 0 1 0 DAVID W WHITE & SON INC 635 RIVER ROAD BOW NH 03304 CONTRACTOR ON TURF PROJECT 2508250 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 DINING 1089196 2 510213 8787 510213 TUITION & FEES 611710 15875600 15875600 15875600 766040 766040 103030 0 103030 103030 103030 7300299 119182 7284794 131099 15505 -11917 3588 3588 2780 168 2612 2612 ICE RINK RENTAL 713990 143883 143883 PAYMENT PLAN FEES-ADMISSIONS 611519 60602 60602 MUSIC LESSON REVENUE 611519 1132 1132 103816 103816 309433 17570516 15878212 143883 1038208 6046495 6046495 614206 179214 337199 97793 282621 268432 5676 8513 4856729 3737912 1000353 118464 263715 208682 50137 4896 1129861 846717 244038 39106 436823 323854 96431 16538 61500 61500 140521 140521 32448 32448 87387 63991 14979 8417 187839 62556 125283 178109 126055 34703 17351 1226507 1135301 82086 9120 122408 56952 49663 15793 252562 189422 63140 1416376 1274738 127474 14164 185451 185451 FOOD SERVICE AND RELATE 1016360 1016360 EDUCATIONAL EXPENSES AN 214417 214417 ADMISSIONS DEPARTMENTAL 205131 205131 BAD DEBT EXPENSE 179200 179200 439223 278170 140673 20380 19575889 16029268 3176086 370535 363033 2407260 2054367 112384 2397266 3199737 14413 14434 17653 23851 507905 693099 46808559 21928829 23832064 24879730 33599528 35248418 2529721 3068094 65315950 69647007 1332625 1381659 9008538 10598998 6045464 5567686 533593 361036 683000 2333076 4770 1338645 17607990 21581100 X 45592307 45714360 2115653 2351547 47707960 48065907 65315950 69647007 -2005373 2363319 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 16500 912644 0 0 0 533593 172557 361036 1 2087203 256844 16500 2327547 2448931 -187066 174662 2087203 2205685 472947 229701 2448931 2110218 219210 123743 2205685 2101745 131073 122600 2110218 0.57498 0.42502 0 0 800364 800364 29226327 13400793 15825534 4695022 1131731 3563291 9355955 5378498 3977457 2730891 2017807 713084 24879730 ANNUITY PAYABLE 3645 ASSETS HELD FOR AFFILIATE 1335000 1338645 X 13746819 2363319 -6046495 -3683176 17429995 140521 140521 17570516 13388872 0 13388872 140521 6046495 6187016 19575888 PART V, LINE 4: EARNINGS FROM THE SCHOOL'S ENDOWMENT FUNDS ARE TO BE USED TO SUPPORT FINANCIAL AID AND GENERAL OPERATING EXPENDITURES OF THE SCHOOL THROUGH ANNUAL DISCRETIONARY APPROPRIATIONS AUTHORIZED BY THE BOARD OF TRUSTEES. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT, AS OF AUGUST 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2020 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -6,046,495. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,046,495. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY PUBLICIZED IS POSTED IN RINK, HUMAN RESOURCE, FACULTY ROOM AND MAINTENANCE ROOMS AS WELL AS ON THE WEBSITE. 1 FINANCIAL AID 185 6046495 CASH VALUE TUITION DISCOUNT PART I, LINE 2: FINANCIAL AID AWARDS ARE DETERMINED BY THE FINANCIAL NEED OF THE FAMILY, BASED ON A FAMILY'S INCOME AND EXPENSES, ASSETS AND DEBTS, NUMBER OF FAMILY MEMBERS, COST OF LIVING INDEX, ETC, AND AS ESTABLISHED BY AN INDEPENDENT ORGANIZATION USED BY MOST PRIVATE SCHOOLS. IF THE STUDENT DOES NOT CONSISTENTLY MEET EXPECTATIONS OR IF THE FAMILY'S FINANCIAL CIRCUMSTANCE IMPROVES OVER THE STUDENT'S TENURE AT OUR SCHOOL, THEN THE AWARD WILL BE MODIFIED TO REFLECT THE FINANCIAL NEED OF THE FAMILY. X X 1 1 X X X 0 0 0 1 0 0 0 1 0 JOHN A KERNEY CEO/TRUSTEE 340269 0 0 0 3256 0 26000 0 21200 0 390725 0 0 0 LAUREN LAMBERT HEAD OF SCHOOL 162940 0 0 0 1508 0 16784 0 5673 0 186905 0 0 0 JOHN TOFFEY ASSISTANT HEAD OF SCHOOL 139630 0 16250 0 1014 0 15005 0 7439 0 179338 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE HEAD OF SCHOOL AND THE ASSISTANT HEAD OF SCHOOL AS A CONDITION OF EMPLOYMENT, IN ORDER TO EFFECTIVELY PERFORM DUTIES AS THE HEAD AND ASSISTANT HEAD OF A BOARDING SCHOOL. COUNTRY CLUB DUES ARE REIMBURSED TO THE ASSISTANT HEAD OF SCHOOL AS IT IS USED FOR RECRUITMENT AND HOSTING EVENTS ON BEHALF OF THE SCHOOL. PART I, LINE 5 THE ASSISTANT HEAD OF SCHOOL RECEIVES INCENTIVE COMPENSATION BASED UPON ACHIEVING INCREASED ACCEPTANCES AND NET TUITION REVENUE. PART I, LINE 7 ASSISTANT HEAD OF SCHOOL RECEIVED A CALENDAR YEAR BONUS WHICH WAS REPORTED IN HIS 2022 W2. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2020-08-31 9500000 REFINANCE 2013 ISSUE AND FINANCE CONSTRUCTION OF ACADEMIC AND DINING CENTER 0 0 0 A 3875450 9500000 34500 6087126 3378374 2014 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 MARILY KERNEY CEO'S SPOUSE 14189 COMPENSATION 0 JESSICA TOFFEY SPOUSE OF ASST HEAD OF SCHOOL 85645 COMPENSATION 0 NICK HUNT SON OF BOARD MEMBER 72289 COMPENSATION 0 JONATHAN HARRIS SPOUSE OF ASST HEAD OF SCHOOL 54143 COMPENSATION 0 ANTHONY LAMBERT SPOUSE OF HEAD OF SCHOOL 56355 COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES REVIEW AND MAKE RECOMMENDATIONS TO THE FULL BOARD. THE FULL BOARD THEN MAKES DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL DRAFT OF THE RETURN IS MADE AVAILABLE TO THE FULL BOARD FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON SHALL ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT AND GIVE THE STATEMENT TO THE PRESIDENT OF THE CORPORATION, OR HIS/HER DESIGNEE. THE DISCLOSURE STATEMENTS SHALL BE MADE AVAILABLE UPON REQUEST OF ANY PERSON. INFORMATION ABOUT CONFLICTS CONTAINED IN SUCH STATEMENTS SHALL BE DISTRIBUTED PERIODICALLY TO PERSONS, IN THE DISCRETION OF THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS HIRES AND PERFORMS AN ANNUAL PERFORMANCE REVIEW AND SETS GOALS WITH THE CEO. COMPENSATION IS SET ACCORDINGLY. THE BOARD ALSO CONSIDERS COMPARATIVE DATA FROM OTHER SIMILAR INSTITUTIONS. JOHN KERNEY IS RETAINED ON A 5 YEAR AGREEMENT REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE WINCHENDON SCHOOL - NYC 45 W 34TH ST 5TH FLOOR NEW YORK NY 10001 830848450 PRIVATE SCHOOL SERVING GRADES 9-12. NY 501(C)(3) LINE 2 THE WINCHENDON SCHOOL 1 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0