2025-05-06T09:53:23-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2023-07-01 050259009 ST GEORGE'S SCHOOL STGE 4018476785 372 PURGATORY ROAD MIDDLETOWN RI 02842 EDWARD GRIFFIN CHIEF FINANCIAL OFFICER 4018476785 2025-05-05 1 1 JOHN TOSCANO P00358542 6177170831 2025-04-24 2023 2025-03-06 01:10:19Z MICHAEL WIRTZ 372 PURGATORY ROAD MIDDLETOWN RI 02842 96220064 0 X WWW.STGEORGES.EDU X 1896 RI ST. GEORGE'S SCHOOL GIVES ITS STUDENTS THE OPPORTUNITY OF DEVELOPING TO THE FULLEST EXTENT POSSIBLE THE PARTICULAR GIFTS THAT ARE THEIRS AND TO ENCOURAGE IN THEM THE DESIRE TO DO SO. THEIR IMMEDIATE JOB AFTER LEAVING SCHOOL IS TO HANDLE SUCCESSFULLY THE DEMANDS OF COLLEGE; LATER IT IS HOPED THAT THEIR LIVES WILL BE ONES OF CONSTRUCTIVE SERVICE TO THE WORLD AND TO GOD. 28 28 235 150 194823 0 11484208 8920562 26235788 27109561 11545476 26311093 676954 994792 49942426 63336008 5422790 6116486 0 0 16078876 17334500 36000 0 1995707 19642196 20566368 41179862 44017354 8762564 19318654 344115052 389692023 64613219 78052503 279501833 311639520 TO GIVE STUDENTS IN THE GRADES OF 9 THROUGH 12 THE OPPORTUNITY OF DEVELOPING TO THE FULLEST EXTENT POSSIBLE THE PARTICULAR GIFTS THAT ARE THEIRS AND TO ENCOURAGE IN THEM THE DESIRE TO DO SO. 0 0 35096053 6116486 27822096 ST. GEORGE'S SCHOOL PRIMARILY PROVIDES INSTRUCTION AND STUDENT EDUCATION SUPPORT TO APPROXIMATELY 380 STUDENTS IN GRADES 9-12. 35096053 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 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 1 0 0 0 0 1 108 0 1 235 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X EDWARD GRIFFIN 4018426700 372 PURGATORY ROAD MIDDLETOWN RI RI 028424642 DANA L SCHMALTZ CHAIR 2.00 X X 0 0 0 TAD VAN NORDEN JR SECRETARY 2.00 X X 0 0 0 MARK D TABER TREASURER 2.00 X X 0 0 0 KIRTLEY CAMERON ASSISTANT SECRETARY 2.00 X X 0 0 0 TED ARCHER INDIVIDUAL TRUSTEE 2.00 X 0 0 0 RODOLPHUS BETHEA JR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 REBECCA BLISS INDIVIDUAL TRUSTEE 2.00 X 0 0 0 PETER C COOK INDIVIDUAL TRUSTEE 2.00 X 0 0 0 ELEANOR DEJOUX INDIVIDUAL TRUSTEE 2.00 X 0 0 0 WILLIAM C DORSEY INDIVIDUAL TRUSTEE 2.00 X 0 0 0 LOUIS D DUFF III INDIVIDUAL TRUSTEE 2.00 X 0 0 0 JAMES T DYKE JR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 DAVID HALWIG INDIVIDUAL TRUSTEE 2.00 X 0 0 0 W KEYES HILL-EDGAR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 COLLEEN BURNS JERMAIN INDIVIDUAL TRUSTEE 2.00 X 0 0 0 HUGH M JONES JR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 STEPHEN JEROME KETCHUM INDIVIDUAL TRUSTEE 2.00 X 0 0 0 TODD MARTIN INDIVIDUAL TRUSTEE 2.00 X 0 0 0 ANTHONY R MAYER INDIVIDUAL TRUSTEE 2.00 X 0 0 0 KATIE MICHEL INDIVIDUAL TRUSTEE 2.00 X 0 0 0 CHRIS O'CONNOR INDIVIDUAL TRUSTEE 2.00 X 0 0 0 SANDO BAYSAH OJUKWU INDIVIDUAL TRUSTEE 2.00 X 0 0 0 JASON OKONOFUA INDIVIDUAL TRUSTEE 2.00 X 0 0 0 ISABELLA RIDALL INDIVIDUAL TRUSTEE 2.00 X 0 0 0 STANLEY SUN INDIVIDUAL TRUSTEE 2.00 X 0 0 0 HANNAH SWETT INDIVIDUAL TRUSTEE 2.00 X 0 0 0 MEADE B THAYER INDIVIDUAL TRUSTEE 2.00 X 0 0 0 PATRICK WOOD PRINCE INDIVIDUAL TRUSTEE 2.00 X 0 0 0 MICHAEL WIRTZ HEAD OF SCHOOL AS OF 7/1/23 50.00 X 242079 0 34938 PETER MCANDREWS INTERIM CFO AS OF 12/18/23 50.00 X 5079 0 0 JEDD WHITLOCK DIRECTOR OF ADVANCEMENT 50.00 X 262902 0 136136 GEORGE STAPLES DIRECTOR OF OPERATIONS 50.00 X 189403 0 84846 RYAN MULHERN DIRECTOR OF ADMISSIONS 50.00 X 163840 0 125725 KELLY RICHARDS DIRECTOR OF COLLEGE COUNSEL 50.00 X 146744 0 129273 ELIZABETH BICKFORD ASSOCIATE HEAD OF SCHOOL 50.00 X 201139 0 64855 MERVAN OSBORNE ASSOCIATE HEAD OF SCHOOL 50.00 X 191411 0 60167 ALEXANDER JONES DEAN OF STUDENTS 50.00 X 116045 0 56496 ALEXANDRA H CALLEN HEAD OF SCHOOL THRU 6/30/23 50.00 X 238269 0 81822 ELIZABETH MCGRATH DIR OF FIN/ASST TREAS THRU 12/31/23 50.00 X 259993 0 34046 2016904 0 808304 12 1 1 0 CONSIGLI CONSTRUCTION CO INC 72 SUMMER STREET MILFORD MA 01757 CONSTRUCTION SERVICES 14113129 SAGE DINING 222 BOSLEY AVENUE TOWNSON MD 21204 DINING SERVICES 2311062 COMPASS FACILITY SERVICES INC 65 JACKMAN STREET GEORGETOWN MA 01833 CLEANING SERVICES 1039376 VOITH & MACTAVISH ARCHITECTS LLP 2401 WALNUT STREET PHILADELPHIA PA 19103 ARCHITECTURAL SERVICES 918107 PARISEAULT BUILDERS INC 25 SHARPE DRIVE CRANSTON RI 02920 CONSTRUCTION SERVICES 388980 10 105045 8815517 5140442 8920562 STUDENT SERVICES 611110 27109561 27109561 27109561 4692582 4692582 54016824 33010 32396657 34666 21620167 -1656 21618511 21618511 46707 105045 75468 -28761 -28761 494093 377265 116828 116828 MISCELLANEOUS INCOME 900099 906725 595707 194823 116195 906725 63336008 27822096 194823 26398527 X 6116486 6116486 2029980 1021683 477845 530452 11190630 8453140 2164076 573414 888402 653849 195190 39363 2321913 1998230 284118 39565 903575 696439 149846 57290 188425 188425 76058 76058 524111 524111 5937810 4497206 1065115 375489 780238 511501 166840 101897 2047180 1952221 92904 2055 633880 415554 135543 82783 71423 46823 15272 9328 1172976 1113927 59049 4877792 4609446 268346 784269 784269 SUPPLIES AND REPAIRS 1884411 1551779 168250 164382 FOOD SERVICES 1074003 1074003 513792 383766 110337 19689 44017354 35096053 6925594 1995707 1992961 1407049 12197972 14652781 11641670 149832 15828426 26818 196374 198029 732547 479755 186276461 79279333 92686768 106997128 214982609 233311848 18380223 314139 7630146 344115052 389692023 7301439 5436921 3740586 19663492 53440627 52813574 130567 138516 64613219 78052503 X 81761178 93963687 197740655 217675833 279501833 311639520 344115052 389692023 X 19318654 12248905 570128 X 0 1 X 1 0 X 5753520 6796611 19754383 11484208 8920562 52709284 5753520 6796611 19754383 11484208 8920562 52709284 19358422 33350862 3960470 3367827 3030999 4047164 4692582 19099042 99404 1500 26850 135405 194823 457982 44100 45200 34749 162902 286951 72553259 128591946 0.45970 0.53100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2023 AMOUNT: $ 116,195. FUNDRAISING PROCEEDS - 2020 AMOUNT: $ 44,100. 2021 AMOUNT: $ 45,200. 2022 AMOUNT: $ 34,749. 2023 AMOUNT: $ 46,707. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 206331977 1140258 35248827 2528454 6670745 233521863 179818241 3172563 33153690 2403190 7409327 206331977 213537620 157131 -25849319 2210453 5359364 457374 179818241 175342805 630909 44056556 2021764 4022686 448200 213537620 168830582 271717 13783884 1896852 5256789 389737 175342805 0.15830 0.84170 0.00000 1 0 1809627 1809627 137526669 60550485 76976184 11086391 4855624 6230767 19353986 13873224 5480762 16499788 16499788 106997128 DUE TO BENEFICIARIES OF SPLIT INTEREST AGREEMENTS 138516 138516 68941677 12248905 -6571858 5677047 63264630 524111 -452733 71378 63336008 36803990 452733 452733 36351257 524111 7141986 7666097 44017354 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF NUMEROUS FUNDS DONATED OR ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT FUNDS INCLUDE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND UNRESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT FUNDS. THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT INTEND TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE MAINTAINING THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID/TUITION REMISSION -7,141,986. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 570,128. PART XI, LINE 4B - OTHER ADJUSTMENTS: STORE - COST OF GOODS SOLD -75,468. FUNDRAISING EVENT EXPENSES -377,265. PART XII, LINE 2D - OTHER ADJUSTMENTS: STORE - COST OF GOODS SOLD 377,265. FUNDRAISING EVENT EXPENSES 75,468. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID/TUITION REMISSION 7,141,986. 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 NON-DISCRIMINATION POLICY IS PUBLISHED IN THE SCHOOL ADMISSIONS CATALOG, ON THE SCHOOL'S WEBSITE HOMEPAGE, IN THE STUDENT HANDBOOK, ON ALL EMPLOYMENT APPLICATIONS AND IN THE EMPLOYEE HANDBOOK. EUROPE 0 0 PROGRAM SERVICES SAILING PROGRAM 543768 EUROPE 0 0 PROGRAM SERVICES GLOBAL STUDIES CURRICULUM 65110 0 0 0 0 0 0 608878 0 608878 0 0 0 0 0 0 PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR USING THE ACCRUAL BASIS OF ACCOUNTING. DRAGON CUP GOLF TOURNAMENT 151752 105045 46707 50422 19838 5208 151752 105045 46707 50422 19838 5208 75468 -28761 1 FINANCIAL AID 116 6116486 FMV FINANCIAL ASSISTANCE. PART I, LINE 2: FINANCIAL AID IS PROVIDED FOR TUITION AND FEES TO STUDENTS WHO DEMONSTRATE FINANCIAL NEED. THE SCHOOL DETERMINES THE NEED THROUGH AN OBJECTIVE AND NONDISCRIMINATORY REVIEW OF INFORMATION PROVIDED BY AN INDEPENDENT THIRD PARTY AS WELL AS DISCUSSIONS WITH THE FAMILY. THE THIRD PARTY COLLECTS AN APPLICANT'S FAMILY FINANCIAL INFORMATION AND SUGGESTS AN AMOUNT THAT THE FAMILY WILL BE ABLE TO CONTRIBUTE TO THE COST TO ATTEND ST. GEORGE'S SCHOOL. THE SCHOOL MAKES THE FINAL DETERMINATION OF THE AMOUNT OF AID THAT WILL BE OFFERED. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 1 1 JEDD WHITLOCK DIRECTOR OF ADVANCEMENT 247902 0 15000 0 0 0 27639 0 108497 0 399038 0 0 0 ALEXANDRA H CALLEN HEAD OF SCHOOL THRU 6/30/23 238269 0 0 0 0 0 46649 0 35173 0 320091 0 0 0 ELIZABETH MCGRATH DIR OF FIN/ASST TREAS THRU 12/31/23 259993 0 0 0 0 0 25341 0 8705 0 294039 0 0 0 RYAN MULHERN DIRECTOR OF ADMISSIONS 163840 0 0 0 0 0 16554 0 109171 0 289565 0 0 0 MICHAEL WIRTZ HEAD OF SCHOOL AS OF 7/1/23 242079 0 0 0 0 0 0 0 34938 0 277017 0 0 0 KELLY RICHARDS DIRECTOR OF COLLEGE COUNSEL 146744 0 0 0 0 0 14305 0 114968 0 276017 0 0 0 GEORGE STAPLES DIRECTOR OF OPERATIONS 189403 0 0 0 0 0 18405 0 66441 0 274249 0 0 0 ELIZABETH BICKFORD ASSOCIATE HEAD OF SCHOOL 191139 0 10000 0 0 0 20012 0 44843 0 265994 0 0 0 MERVAN OSBORNE ASSOCIATE HEAD OF SCHOOL 191411 0 0 0 0 0 19012 0 41155 0 251578 0 0 0 ALEXANDER JONES DEAN OF STUDENTS 116045 0 0 0 0 0 11547 0 44949 0 172541 0 0 0 PART I, LINE 1A AS A BOARDING HIGH SCHOOL, HOUSING IS PROVIDED TO THE FOLLOWING INDIVIDUALS LISTED ON SCHEDULE J, PART II AS A NON-TAXABLE BENEFIT, INCLUDED IN COLUMN (D), FOR THE CONVENIENCE OF THE ORGANIZATION AS WELL AS A CONDITION OF EMPLOYMENT: ALEXANDRA H. CALLEN, HEAD OF SCHOOL THROUGH JUNE 30, 2023; MICHAEL WIRTZ, HEAD OF SCHOOL AS OF JULY 1, 2023; JEDD WHITLOCK, DIRECTOR OF ADVANCEMENT; GEORGE STAPLES, DIRECTOR OF OPERATIONS; RYAN MULHERN, DIRECTOR OF ADMISSIONS; KELLY RICHARDS, DIRECTOR OF COLLEGE COUNSELING; ELIZABETH BICKFORD, ASSOCIATE HEAD OF SCHOOL FOR FACULTY AND SCHOOL AFFAIRS; MERVAN OSBORNE, ASSOCIATE HEAD OF SCHOOL FOR STUDENT LIFE; AND ALEXANDER JONES, DEAN OF STUDENTS. THE FORMER HEAD OF SCHOOL RECEIVED A TAX GROSS-UP FOR PERSONAL USE OF AUTO AND FOR CLUB DUES PAID ON HER BEHALF TO ENTERTAIN FOR SCHOOL BUSINESS. BOTH ITEMS AND THE TAX-GROSS UP WERE TREATED AS TAXABLE INCOME AND ARE INCLUDED IN COLUMN (B)(III). PART I, LINE 7 MR. WHITLOCK, DIRECTOR OF ADVANCEMENT, RECEIVED A $15K PERFORMANCE BONUS. MS. BICKFORD, ASSOCIATE HEAD OF SCHOOL, RECEIVED A $10,000 PERFORMANCE BONUS. PART I, LINE 8 MICHAEL WIRTZ IS IN HIS INTIAL EMPLOYMENT AGREEMENT AS HEAD OF SCHOOL EFFECTIVE 7/1/2023 FOR AN INITIAL TERM OF 3 YEARS. A RHODE ISLAND HEALTH & EDUCATION BUILDING CORP 521300173 762195DT9 2021-08-24 54998825 SEE PART VI 0 0 0 A 55025119 429715 18283103 36309539 2762 2024 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 SCHEDULE K, SUPPLEMENTAL INFORMATION THE PROJECTS FOR THE 2021 BONDS CONSIST OF THE FINANCING OF (1) THE PLANNING, ACQUISITION, CONSTRUCTION, EQUIPPING AND FURNISHING OF VARIOUS OF THE BORROWER'S FACILITIES LOCATED AT 372 PURGATORY ROAD IN MIDDLETOWN, RHODE ISLAND, AND ADJACENT AREAS TO BE USED IN FURTHERANCE OF THE SCHOOL'S EDUCATIONAL MISSION AND (2) THE REFINANCING OF THE OUTSTANDING DEBT OF THE SERIES 2014 BONDS. PART II, LINE 3 INCLUDES INVESTMENT INTEREST EARNED OF $26,294 X 38 5059961 FMV X DRAGON CUP AUCTION ITEMS 50 80480 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF DONATIONS OF PUBLICLY TRADED STOCK REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES SHALL CREATE AN EXECUTIVE COMMITTEE CONSISTING OF NOT LESS THAN FIVE (5) MEMBERS OF THE BOARD OF TRUSTEES, INCLUDING THE HEAD OF SCHOOL, AND THE BOARD CHAIR OF THE BOARD OF TRUSTEES AS ITS COMMITTEE CHAIR. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE ELECTED AT THE ANNUAL MEETING OF THE BOARD OF TRUSTEES OR AT A SPECIAL MEETING HELD IN LIEU THEREOF TO HOLD OFFICE FOR A PERIOD OF ONE YEAR AT THE PLEASURE OF THE BOARD AND UNTIL THEIR RESPECTIVE SUCCESSORS ARE ELECTED AND QUALIFIED. THE EXECUTIVE COMMITTEE SHALL ADVISE AND AID THE BOARD OF TRUSTEES, THE HEAD OF SCHOOL, AND OTHER OFFICERS OF THE CORPORATION IN ALL MATTERS CONCERNING THE MANAGEMENT OF ITS OPERATIONS AND SHALL EXERCISE AND PERFORM SUCH POWERS AND DUTIES AS MAY BE ASSIGNED TO IT FROM TIME TO TIME BY THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL FIX ITS OWN RULES OF PROCEDURE SUBJECT TO THE APPROVAL OF THE BOARD OF TRUSTEES, AND SHALL MEET AT SUCH TIMES AND AT SUCH PLACE OR PLACES AS MAY BE PROVIDED BY SUCH RULES. IT SHALL KEEP A RECORD OF ITS MEETINGS AND REPORT THE SAME TO THE BOARD OF TRUSTEES WHEN REQUIRED. THREE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL DRAFT OF THE 990 AND 990-T DOCUMENTS WILL BE SHARED WITH THE FULL BOARD IN ADVANCE OF FILING FOR THE SOLE PURPOSE OF GETTING FEEDBACK BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C IN ORDER TO MONITOR AND ENFORCE COMPLIANCE OF THE POLICY, A SIGNED CONFLICT OF INTEREST POLICY IS REQUIRED FROM ALL NEW EMPLOYEES WHEN ONBOARDED AND FROM ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. WHEN SUCH A CONFLICT ARISES, THE TRUSTEE OR EMPLOYEE IS EXPECTED TO DISCLOSE THE EXISTENCE OF THE CONFLICT TO EITHER THE BOARD CHAIR OR THE HEAD OF SCHOOL, WHO WILL MAKE A DETERMINATION AS TO THE RESTRICTIONS TO BE IMPOSED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES MONITORS AND APPROVES THE COMPENSATION PACKAGE FOR THE HEAD OF SCHOOL WHILE THEY ARE ALSO AWARE OF AND SUPPORT THE COMPENSATION FOR THE DIRECT REPORTS TO THE HEAD OF SCHOOL. MANAGEMENT BEARS THE RESPONSIBILITY OF SETTING ALL SALARIES WITH THE EXCEPTION OF THE HEAD OF SCHOOL, AND USED COMPARATIVE DATA AND INSTITUTIONAL RESEARCH TO ENSURE THE COMPENSATION FIGURES ARE APPROPRIATE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 4,497,206. MANAGEMENT AND GENERAL EXPENSES 1,065,115. FUNDRAISING EXPENSES 375,489. TOTAL EXPENSES 5,937,810. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 570,128. SG HOLDINGS LLC PO BOX 1910 NEWPORT RI 028400190 464361322 FACULTY HOUSING RI 0 1862181 ST GEORGE'S SCHOOL