2025-05-15T09:50:29-05:00 2024-06-30 921397405 TSS ADVISORS LLC 19 MORGAN DRIVE LEBANON NH 03766 990 2023-07-01 020222179 PROCTOR ACADEMY PROC 6037356000 PO BOX 500 ANDOVER NH 03216 STEVE WILKINS HEAD OF SCHOOL 6037356000 2025-05-15 1 0 AMBER T MCGONIS CPA P01589070 6036530044 2025-05-14 2023 2025-03-06 01:10:19Z STEVE WILKINS PO BOX 500 ANDOVER NH 03216 47142791 0 X PROCTORACADEMY.ORG X 1848 NH TAKING INSPIRATION FROM OUR MOTTO, PROCTOR ACADEMY CREATES A DIVERSE LEARNING AND LIVING COMMUNITY: ONE THAT VALUES THE INDIVIDUAL AND RECOGNIZES THE POTENTIAL OF EACH MEMBER TO STRETCH BEYOND WHAT HAD BEEN THOUGHT POSSIBLE. BALANCING ACADEMIC RIGOR, STRUCTURE, AND SUPPORT WITH THE FREEDOM FOR STUDENTS TO EXPLORE, CREATE AND DEFINE THEMSELVES, PROCTOR ENCOURAGES STUDENTS TO ACHIEVE THEIR OPTIMAL GROWTH. A DEEP COMMITMENT TO A LEARNING SKILLS PROGRAM AND A STRONG EMPHASIS ON EXPERIENTIAL LEARNING IS INTERWOVEN THROUGHOUT PROCTOR'S ACADEMIC, ATHLETIC, ARTISTIC, AND ENVIRONMENTALLY CONSCIOUS PROGRAMS BOTH ON AND OFF CAMPUS. PROCTOR STUDENTS GRADUATE UNDERSTANDING THE VALUES OF HONESTY, COMPASSION, RESPECT, AND RESONSIBILTY, PROCEEDING WITH CONFIDENCE AND WITH STRATEGIES TO BECOME LIFE-LONG LEARNERS AND THOUGHTFUL CONTRIBUTORS TO THEIR COMMUNITIES. 30 30 333 305 302127 0 6524724 8438967 27240206 28665509 311839 1484723 210385 223305 34287154 38812504 6050579 6647007 0 0 15033998 16236772 0 0 2122956 11688314 12383938 32772891 35267717 1514263 3544787 92673112 97647779 24606839 24035335 68066273 73612444 X TAKING INSPIRATION FROM OUR MOTTO, PROCTOR ACADEMY CREATES A DIVERSE LEARNING AND LIVING COMMUNITY: ONE THAT VALUES THE INDIVIDUAL AND RECOGNIZES THE POTENTIAL OF EACH MEMBER TO STRETCH BEYOND WHAT HAD BEEN THOUGHT POSSIBLE. BALANCING ACADEMIC RIGOR, STRUCTURE, AND SUPPORT WITH THE FREEDOM FOR STUDENTS TO EXPLORE, CREATE AND DEFINE THEMSELVES, PROCTOR ENCOURAGES STUDENTS TO ACHIEVE THEIR OPTIMAL GROWTH. A DEEP COMMITMENT TO A LEARNING SKILLS PROGRAM AND A STRONG EMPHASIS ON EXPERIENTIAL LEARNING IS INTERWOVEN THROUGHOUT PROCTOR'S ACADEMIC, ATHLETIC, ARTISTIC, AND ENVIRONMENTALLY CONSCIOUS PROGRAMS BOTH ON AND OFF CAMPUS. PROCTOR STUDENTS GRADUATE UNDERSTANDING THE VALUES OF HONESTY, COMPASSION, RESPECT, AND RESONSIBILTY, PROCEEDING WITH CONFIDENCE AND WITH STRATEGIES TO BECOME LIFE-LONG LEARNERS AND THOUGHTFUL CONTRIBUTORS TO THEIR COMMUNITIES. 0 0 27294517 6647007 28665509 EDUCATING 378 HIGH SCHOOL STUDENTS TAUGHT BY 90 FACULTY AND SPECIALISTS IN 180 SCHOOL DAYS AND IN 3 TRIMESTERS. 27294517 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 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 0 0 0 0 1 102 0 1 333 1 1 1 1 BE 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X PROCTOR ACADEMY 6037356000 BUSINESS OFFICE 204 MAIN ST ANDOVER NH 03216 ALEXANDRA SHOR TRUSTEE 1.00 X 0 0 0 AMANDA TOSCH TRUSTEE 1.00 X 0 0 0 ANDY STEVENSON TRSUTEE 1.00 X 0 0 0 ARMINS RUSIS CO VICE PRESIDENT 1.00 X X 0 0 0 BECCA O'CONNOR TRUSTEE 1.00 X 0 0 0 CHRIS RAY TRUSTEE 1.00 X 0 0 0 DOUG ROBIE TRUSTEE 1.00 X 0 0 0 HADLEY SCULLY TRUSTEE 1.00 X 0 0 0 JON ROSENSHINE TRUSTEE 1.00 X 0 0 0 KAREN BONEWALD TREASURER 1.00 X X 0 0 0 KATE KREHBIEL TRUSTEE 1.00 X 0 0 0 KIM GUERSTER CLERK 1.00 X X 0 0 0 KURT CROFT CHIEF RESOURCE OFFICER 40.00 X X 76213 0 12162 LAURA BARKAN TRUSTEE 1.00 X 0 0 0 LYNNIE LEWIS TRUSTEE 1.00 X 0 0 0 MARK JOHNSON CO VICE PRESIDENT 1.00 X X 0 0 0 MARY STEWARD TRUSTEE 1.00 X 0 0 0 MAX COBB TRUSTEE 1.00 X 0 0 0 MELANIE SANFORD TRUSEE 1.00 X 0 0 0 PEDRO REYNOSO TRUSTEE 1.00 X 0 0 0 REBECCA LEAVITT TRUSTEE 1.00 X 0 0 0 RENA CLARK TRUSTEE 1.00 X 0 0 0 STEVE WILKINS TRUSTEE 1.00 X 0 0 0 TIM MINER TRUSTEE 1.00 X 0 0 0 TRAVIS WARREN PRESIDENT 1.00 X X 0 0 0 BRIAN THOMAS HEAD OF SCHOOL 40.00 X 267164 0 67328 CHRISTOPHER BARTLETT DIRECTOR OF ENROLLMENT & M 40.00 X 141170 0 47714 KARIN CLOUGH ASSISTANT HEAD OF SCHOOL 40.00 X 139162 0 41044 KEITH BARRETT DIRECTOR OF DEVELOPMENT 40.00 X 194031 0 51421 SCOTT ALLENBY CHIEF STRATEGY AND COMMUNICATIONS OFFICER 40.00 X 108454 0 46176 926194 0 265845 5 0 1 0 SEA EDUCATION ASSOCIATION INC PO BOX 6 WOODS HOLE MA 02543 OCEAN CLASSROOM VOYAGE PROGRAM FEE 354500 CONTROL TECHNOLOGIES INC 111 ZACHARY ROAD MANCHESTER NH 03109 SERVICING BUILDING HVAC CONTROLS 236581 HP CUMMINGS CONSTRUCTION CO PO BOX 269 WOODSVILLE NH 03785 GENERAL CONTRACTING SERVICES 213652 BRONNENBERG LOGGING & TRUCKING LLC 600 COOLEDGE ROAD HILLSBOROUGH NH 03244 WOODLANDS MANAGEMENT AND LOGGING SERVICE 136201 COMPASS TRAVEL INC PO BOX 1675 NEW LONDON NH 03257 TRAVEL BOOKING SERVICES 135014 5 28083 8410884 1195595 8438967 TUITION & FEES 611710 26929362 26929362 PROGRAM SUPPORT REVENUE 611710 891981 891981 SUMMER PROGRAM REVENUE 611710 844166 844166 28665509 986458 986458 37704 16480 21224 21224 21224 8539299 28000 8037156 31878 502143 -3878 498265 498265 14254 28083 22112 -7858 -7858 130473 222661 -92188 -92188 SKI HILL INCOME 713990 257192 257192 HOCKEY RINK INCOME 713940 44935 44935 302127 38812504 28665509 302127 1405901 6647007 6647007 490641 490641 12234252 9731132 1183077 1320043 734156 563704 93985 76467 1898772 1497288 198374 203110 878951 674880 112522 91549 14809 14809 343696 343696 74458 74458 165819 165819 66953 511 66442 62970 48178 7281 7511 384172 293927 44420 45825 307503 235268 35555 36680 2443330 2304186 97154 41990 151203 66783 52466 31954 494873 460232 24744 9897 3150052 2929548 157503 63001 679613 607851 44804 26958 INSTRUCTIONAL 1557890 1557890 STUDENT ACTIVITIES 915158 915158 FOOD SERVICE EXPENSE 489215 374294 56566 58355 EVENTS EXPENSES 363996 295408 44644 23944 718228 549511 83045 85672 35267717 27294517 5850244 2122956 5088577 8659371 933061 1611965 1657294 523856 275492 260715 644143 782285 91325569 43507066 49688700 47818503 32837534 36512074 844837 813987 703474 665023 92673112 97647779 1657954 1569296 5172733 5312558 17467293 16867133 308859 286348 24606839 24035335 X 43571980 44951108 24494293 28661336 68066273 73612444 92673112 97647779 X 3544787 2116691 -115307 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32354949 586668 3181574 1867600 34255591 28732666 2597502 2671381 1646600 32354949 33000511 977216 -3678761 1566300 28732666 27435087 268912 7151512 1855000 33000511 28813438 479799 518850 2377000 27435087 0.29439 0.64867 0.05693 0 0 5313326 5313326 73131684 34723670 38408014 12433023 8783396 3649627 447536 447536 47818503 RETIREMENT OBLIGATIONS 169781 FINANCE LEASE OBLIGATIONS 116567 286348 X 34262315 2116691 -6762315 -4645624 38907939 165819 -261254 -95435 38812504 28716144 261253 261253 28454891 165819 6647007 6812826 35267717 PART V, LINE 4: TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR THE PROGRAMS SUPPORTED BY THE ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U. S. INTERNAL REVENUE CODE, EXCEPT WITH REGARD TO UNRELATED BUSINESS INCOME, WHICH IS TAXED AT CORPORATE INCOME TAX RATES. ACCOUNTING STANDARDS CODIFICATION SUBTOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ADDRESSES THE ACCOUNTING UNCERTAINTY OF INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE-LIKELY-THAN-NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE SCHOOL HAS DETERMINED THAT THE PROVISIONS OF SUBTOPIC 740-10 DO NOT HAVE A MATERIAL EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATIONS FOR YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: PLEDGE NPV ALLOWANCE -55,000. FINANCIAL AID -6,647,007. POST-RETIREMENT HEALTH BENEFIT OBLIGATION CHANGES -60,307. ROUNDING -1. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES -222,661. FUNDRAISING EXPENSES -22,112. RENTAL EXPENSES -16,481. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES 222,661. FUNDRAISING EVENT EXPENSES 22,112. RENTAL EXPENSES 16,481. ROUNDING -1. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,647,007. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PROCTOR ACADEMY PUBLICIZES ITS NONDISCRIMINATORY POLICY IN THE CONCORD MONITOR NEWSPAPER ANNUALLY IN SEPTEMBER. THE POLICY IS PUBLICIZED ON THE PROCTOR ACADEMY'S WEBSITE. FRANCE 1 2 PROGRAM SERVICES STUDY ABROAD TERM 417693 SPAIN 1 2 PROGRAM SERVICES STUDY ABROAD TERM 386519 COSTA RICA 0 1 PROGRAM SERVICES STUDY ABROAD TERM 143353 2 5 0 0 2 5 947565 0 947565 0 0 0 0 0 0 ANNUAL GOLF TOURNAMENT 28013 28013 3978 9879 7396 489 ONLINE AUCTION 14324 70 14254 370 42337 28083 14254 3978 9879 7396 859 22112 -7858 0 FINANCIAL AID & TUITION REMISSION. 147 6647007 FMV SCHOLARSHIPS AND OTHER FINANCIAL AID FOR STUDENTS. SCHEDULE I, LINE 2 THE DIRECTOR OF FINANCIAL AID MAINTAINS THE RECORDS, AND THE DIRECTOR OF FINANCE CONFIRMS THE TOTAL FINANCIAL AID TO THE BUDGETED AMOUNT. X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 BRIAN THOMAS HEAD OF SCHOOL 267164 0 0 0 0 0 11275 0 56053 0 334492 0 0 0 KEITH BARRETT DIRECTOR OF DEVELOPMENT 194031 0 0 0 0 0 8354 0 43067 0 245452 0 0 0 CHRISTOPHER BARTLETT DIRECTOR OF ENROLLMENT & M 141170 0 0 0 0 0 6260 0 41454 0 188884 0 0 0 KARIN CLOUGH ASSISTANT HEAD OF SCHOOL 139162 0 0 0 0 0 5840 0 35204 0 180206 0 0 0 SCOTT ALLENBY CHIEF STRATEGY AND COMMUNICATIONS OF 108454 0 0 0 0 0 5003 0 41173 0 154630 0 0 0 PART I, LINE 1A ANNUALLY, THE CHAIR OF THE FINANCE COMMITTEE, PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE (ACTING IN ITS CAPACITY AS THE COMPENSATION COMMITTEE) USE THE INDEPENDENT SCHOOL ASSOCIATION OF NORTHERN NEW ENGLAND (ISANNE) PAY RATES, INFORMATION FROM FORM 990'S AND AN INTERNALLY PREPARED COMPENSATION STUDY TO DETERMINE AND APPROVE THE HEAD OF SCHOOL'S COMPENSATION. AS A CONDITION OF EMPLOYMENT AS HEAD OF SCHOOL AND IN ORDER TO FULFILL RESPONSIBILITIES AS HEAD OF SCHOOL, AND FOR THE CONVENIENCE OF THE SCHOOL THE HEAD OF SCHOOL WILL BE PROVIDED WITH HOUSING ON THE MAIN CAMPUS OF THE SCHOOL, WHICH INCLUDES PAYMENT OF ALL UTILITIES. A NEW HAMPSHIRE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 020279866 000000000 2017-01-25 25000000 FINANCE EXISTING DEBT, SUBSIDIZE DEFERRED MAINTENANCE AND CAMPAIGN PROJECTS. 0 0 0 A 20479232 215976 20263256 1 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 A 0 X 18 1090168 FAIR MARKET VALUE X GIFT IN KIND 17 105427 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: PROCTOR HAS AN ACCOUNT AT MORGAN STANLEY AND ALL STOCK GIFTS ARE IMMEDIATELY LIQUIDATED AND TRANSFERRED TO THE SCHOOL'S BANK ACCOUNT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, AND THE FINANCE COMMITTEE INCLUDING THE PRESIDENT AND THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE ASKED ANNUALLY TO REPORT ON ANY CONFLICTS OF INTERESTS THAT THEY MAY HAVE. THAT INFORMATION IS ANNOUNCED PUBLICLY TO THE REST OF THE BOARD AND POSTED INTO THE NEWSPAPER. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE CHAIR OF THE FINANCE COMMITTEE, PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE (ACTING IN ITS CAPACITY AS THE COMPENSATION COMMITTEE) USE THE INDEPENDENT SCHOOL ASSOCIATION OF NORTHERN NEW ENGLAND (ISANNE) PAY RATES, INFORMATION FROM FORM 990'S AND AN INTERNALLY PREPARED COMPENSATION STUDY TO DETERMINE AND APPROVE THE HEAD OF SCHOOL'S COMPENSATION. THE BOARD CONSULTED WITH SPENCER STUART (EXECUTIVE SEARCH FIRM) FOR DETERMINING NEW HEAD OF SCHOOL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: POST RETIREMENT HEALTH BENEFIT OBLIGATION CHANGE -60,307. PLEDGE ALLOWANCE -55,000. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR