2025-01-16T16:51:04-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2023-07-01 060646805 THE RECTORY SCHOOL INC RECT 8609287759 528 POMFRET STREET POMFRET CT 06258 TONYA RAYMENT CHIEF FINANCIAL OFFICER 8609287759 2025-01-16 1 1 JOHN TOSCANO P00358542 8605614000 2025-01-16 2023 2024-10-15 13:58:12Z FREDERICK W WILLIAMS 528 POMFRET STREET POMFRET CT 06258 22282818 0 X WWW.RECTORYSCHOOL.ORG X 1935 CT TO PROVIDE STUDENTS, FROM EARLY CHILDHOOD THROUGH MIDDLE SCHOOL, WITH AN ENRICHED AND SUPPORTIVE ACADEMIC, SOCIAL AND ETHICAL COMMUNITY THAT ADDRESSES INDIVIDUAL LEARNING STYLES, APTITUDES AND NEEDS WHILE PROMOTING PERSONAL SELF-WORTH AND ACCOUNTABILITY. 23 22 174 23 0 0 2884391 2827777 15337919 16872038 966719 1007071 87026 199402 19276055 20906288 2032385 2537475 0 0 9623270 10352793 0 0 729030 6453103 6977352 18108758 19867620 1167297 1038668 65137323 71675396 21056796 24496655 44080527 47178741 X TO PROVIDE STUDENTS, FROM EARLY CHILDHOOD THROUGH MIDDLE SCHOOL, WITH AN ENRICHED AND SUPPORTIVE ACADEMIC, SOCIAL AND ETHICAL COMMUNITY THAT ADDRESSES INDIVIDUAL LEARNING STYLES, APTITUDES AND NEEDS WHILE PROMOTING PERSONAL SELF-WORTH AND ACCOUNTABILITY. THE SCHOOL COMMUNITY LIVES THE RECTORY SCHOOL CREED: RESPONSIBILITY, RESPECT, HONESTY, AND COMPASSION. 1 0 15950455 2537475 16977624 PROVIDE CO-EDUCATIONAL SERVICES AND SUPPORT TO APPROXIMATELY 260 STUDENTS IN KINDERGARTEN THROUGH GRADE 9 IN AN INDEPENDENT BOARDING AND DAY SCHOOL SETTING. THE SCHOOL ALSO OFFERS VARIOUS CO-EDUCATIONAL BOARDING AND DAY SUMMER ACADEMIC PROGRAMS, INCLUDING THE NEW HORIZONS @ RECTORY SUMMER PROGRAM. 15950455 1 1 0 0 0 0 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 1 1 0 1 0 0 0 0 0 0 0 0 1 59 0 1 174 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X TONYA RAYMENT 8609286025 528 POMFRET ST POMFRET CT 06258 KEVIN T LEWIS CHAIR (AS OF 07/2023) 1.00 X X 0 0 0 ELIZABETH H ZIMMERMANN VICE CHAIR 1.00 X X 0 0 0 HENRY B EATON SECRETARY 1.00 X X 0 0 0 JAMES H LEACH TREASURER 1.00 X X 0 0 0 JAMES E BELL III TRUSTEE 1.00 X 0 0 0 YUNGDON ALAN CAO TRUSTEE 1.00 X 0 0 0 SHEILA J CLANCY TRUSTEE 1.00 X 0 0 0 MILES COLLINS TRUSTEE 1.00 X 0 0 0 NATHAN FOLLANSBEE TRUSTEE 1.00 X 0 0 0 STEPHEN GOLDING TRUSTEE 1.00 X 0 0 0 NATHANIEL P HAMILTON JR TRUSTEE 1.00 X 0 0 0 LAWRENCE KLAFF TRUSTEE 2.00 X 0 0 0 WILLIAM P LOFTUS III TRUSTEE 1.00 X 0 0 0 LLOYD W MONTGOMERY TRUSTEE 1.00 X 0 0 0 HYUKKEE MOON TRUSTEE 1.00 X 0 0 0 PATRICIA MULCAHY TRUSTEE 1.00 X 0 0 0 DANIELLE REILLY TRUSTEE 1.00 X 0 0 0 SAMUEL SCOTT TRUSTEE 1.00 X 0 0 0 ALFRED SLANETZ TRUSTEE 1.00 X 0 0 0 NATASHA HARVEY SWANN TRUSTEE 1.00 X 0 0 0 XIN TANG TRUSTEE 1.00 X 0 0 0 KEVIN M TUBRIDY TRUSTEE 1.00 X 0 0 0 JOHNNY LL WELLS TRUSTEE 1.00 X 0 0 0 FREDERICK W WILLIAMS HEAD OF SCHOOL 50.00 X 288302 0 114610 TONYA RAYMENT CHIEF FINANCIAL OFFICER 50.00 X 173826 0 22637 MARIA CARPENTER DIRECTOR OF ELEMENTARY SCHOOL 40.00 X 115411 0 36260 LISA HART DIRECTOR OF ACADEMICS 40.00 X 143231 0 38077 LESLEY GIBBS DIRECTOR OF ADMISSIONS 40.00 X 126049 0 4639 GLENN AMES ASST. HEAD/DIR. OF MIDDLE SCHOOL 40.00 X 126484 0 42168 DONNA DUBINSKY DIRECTOR OF TECHNOLOGY 40.00 X 107264 0 58459 1080567 0 316850 7 0 1 0 JTD CONSTRUCTION LLC 66 MAIN ST PUTNAM CT 06260 GENERAL CONTRACTOR 2333703 FLIK INDEPENDENT SCHOOL DINING 2 INTERNATIONAL DRIVE RYE BROOK NY 10573 CATERING 1317891 SQUARE 1 BUILDING ASSOCIATES LLC 101 MACKIN DR GRISWOLD CT 06351 CONTRACTOR 225096 KARL NORTON ARCHITECT LLC 25 LEDGEBROOK DR MANSFIELD CT 06250 ARCHITECT 222633 E & R LAUNDRY & DRY CLEANERS 80 ROSS AVE MANCHESTER NH 03103 STUDENT LAUNDRY 156977 6 2827777 409272 2827777 TUITION AND FEES 611110 15908369 15908369 AUXILIARY PROGRAMS 611110 963669 963669 16872038 977488 977488 1350000 1320417 29583 29583 29583 73279 56113 17166 17166 OTHER REVENUES 611110 93816 93816 FORFEITED TUITION DEPOSITS 611110 88420 88420 182236 20906288 16977624 0 1100887 2537475 2537475 526566 33774 391469 101323 81053 81053 6670948 5485199 885023 300726 263561 210357 43902 9302 2286657 1891767 341555 53335 524008 402726 99361 21921 15926 15926 57708 57708 81679 81679 419829 221416 191919 6494 85063 8308 76755 199076 7103 182302 9671 271521 230793 40728 1090472 926901 163571 111533 35441 58273 17819 208369 187532 20837 1254905 1129415 125490 182939 182939 FOOD SERVICE 1263238 1263238 EDUCATIONAL SUPPLIES AN 464075 464075 STUDENT SERVICES AND AC 460501 460501 EXPERIENTIAL LEARNING 212298 212298 598220 242136 147645 208439 19867620 15950455 3188135 729030 7939184 7206898 1273832 967236 1996940 1022508 5383019 5063582 36597 29153 259875 235840 45445430 21891096 22027034 23554334 26156760 31181867 2378963 64082 35015 65137323 71675396 1220124 697973 12803955 13567305 6161322 9438555 0 871395 792822 21056796 24496655 X 16547423 21934602 27533104 25244139 44080527 47178741 65137323 71675396 X 1038668 2099046 -39500 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24301011 526008 2835940 104027 655973 26902959 22882545 526133 1742333 126977 723023 24301011 23315767 3508772 -3141994 800000 22882545 19038712 129364 4829498 681807 23315767 19327420 65884 310408 665000 19038712 0.22880 0.77120 0.00000 0 0 38853189 18952913 19900276 1889336 1455431 433905 4702905 1482752 3220153 23554334 CUSTODIAL LIABILITIES 515307 LEASE LIABILITIES 35015 REFUNDABLE ADVANCE 242500 792822 X 20434019 2099046 31226 -2576975 -446703 20880722 81679 -56113 25566 20906288 17335805 31226 56113 87339 17248466 81679 2537475 2619154 19867620 PART V, LINE 4: EARNINGS FROM THE SCHOOL'S ENDOWMENT FUNDS ARE UTILIZED TO SATISFY DONOR RESTRICTIONS ON THE USE OF THE EARNINGS, IF ANY, AND TO SUPPORT THE SCHOOL'S OPERATIONS. PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, THE SCHOOL IS SUBJECT TO FEDERAL CORPORATE INCOME TAXES ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2024 AND 2023. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2021 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 -2,537,475. PROVISION FOR UNCOLLECTIBLE PLEDGES -39,500. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -56,113. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 56,113. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,537,475. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 STATEMENT OF NON-DISCRIMINATION POLICY IS PUBLISHED IN LOCAL AND REGIONAL NEWSPAPERS AS WELL AS ON THE SCHOOL'S WEBSITE. 1 FINANCIAL AID 87 2537475 FMV FINANCIAL AID PART I, LINE 2: FINANCIAL AID IS GRANTED TO FAMILIES ON A NEED BASIS. APPLICATION FORMS MUST BE FILED WITH THE SCHOOL SCHOLARSHIP SERVICE OF PRINCETON, NEW JERSEY. X X X 1 0 X X X X X 0 0 0 0 0 0 0 1 0 FREDERICK W WILLIAMS HEAD OF SCHOOL 272157 0 15500 0 645 0 9833 0 104777 0 402912 0 0 0 TONYA RAYMENT CHIEF FINANCIAL OFFICER 163820 0 9541 0 465 0 5900 0 16737 0 196463 0 0 0 LISA HART DIRECTOR OF ACADEMICS 142250 0 541 0 440 0 5006 0 33071 0 181308 0 0 0 GLENN AMES ASST. HEAD/DIR. OF MIDDLE SCHOOL 125500 0 616 0 368 0 4417 0 37751 0 168652 0 0 0 DONNA DUBINSKY DIRECTOR OF TECHNOLOGY 105960 0 966 0 338 0 3805 0 54654 0 165723 0 0 0 MARIA CARPENTER DIRECTOR OF ELEMENTARY SCHOOL 114489 0 541 0 381 0 4350 0 31910 0 151671 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL, ASSISTANT HEAD OF SCHOOL, AND THE DIRECTOR OF TECHNOLOGY MUST RESIDE IN CAMPUS HOUSING, AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE SCHOOL, IN ORDER TO EFFECTIVELY PERFORM PRESCRIBED DUTIES, INCLUDING, BUT NOT LIMITED TO, PROVIDING STUDENTS AND TEACHERS OFF HOURS WITH ACCESS TO LOCKED BUILDINGS AND OTHER CAMPUS VENUES WHEN NECESSARY, PROVIDING CAMPUS OVERSIGHT DURING EVENING AND WEEKENDS AND VACATIONS, AND PROVIDING CONVENIENT ADMINISTRATIVE PRESENCE AT SCHOOL EVENTS. AS A REPRESENTATIVE OF THE SCHOOL, THE HEAD USES HIS HOUSE FOR MEETINGS OF DONORS, STUDENTS, TEACHERS, STAFF MEMBERS, ALUMNI, VISITING TEACHERS, SCHOLARS, TRUSTEES, AND SPEAKERS, AND FOR SUCH OTHER SCHOOL FUNCTIONS AND AFFAIRS AS SHALL BE APPROPRIATE FOR THE BEST INTEREST AND DEVELOPMENT OF THE SCHOOL. HOUSING AND RELATED HOUSEKEEPING SERVICES ARE NOT REPORTED AS TAXABLE INCOME ON FORM W-2. THE HEAD OF SCHOOL IS ALSO PROVIDED A DISCRETIONARY SPENDING ACCOUNT, WHICH IS NOT REPORTED AS TAXABLE INCOME ON FORM W-2. PART I, LINE 7 EMPLOYEES ARE ELIGIBLE FOR DISCRETIONARY BONUSES BASED ON CERTAIN PERFORMANCE MEASURES. THE HEAD OF SCHOOL'S BONUS IS DETERMINED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. ALL OTHER EMPLOYEE BONUSES ARE DETERMINED AND APPROVED BY THE HEAD OF SCHOOL. A STATE OF CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2021-12-17 10000000 REFUNDING OF SERIES B BONDS AND FOR CONSTRUCTION COSTS 0 0 0 A 344879 10000000 199272 4000360 5800368 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 KEVIN TURBIDY TRUSTEE, BOARD OF TRUSTEES 231016 RECTORY USES MR. TURBIDY FOR DESIGN OF CONSTRUCTION - PARTNER OF KARL NORTON AND NE DESIGN 0 MARCIA WILLIAMS SPOUSE OF HEAD OF SCHOOL 81053 COMPENSATION FOR EMPLOYMENT AS DATABASE ADMINISTRATOR & TECHNOLOGY SUPPORT 0 X 7 409272 FAIR VALUE 0 0 0 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN PART I COLUMN (B) REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 2 HORIZONS @ RECTORY- A NEW SUMMER PROGRAM TO ADVANCE EDUCATIONAL EQUITY BY BUILDING LONG-TERM PARTNERSHIPS WITH STUDENTS, FAMILIES, COMMUNITIES, AND SCHOOLS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE PRIOR TO BEING PRESENTED TO THE FULL BOARD FOR ITS REVIEW AND APPROVAL. THE APPROPRIATE OFFICER OF THE SCHOOL IS INFORMED OF THE APPROVAL AND THE FORM IS FILED ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C THE IDENTIFICATION AND SUCCESSFUL RESOLUTION OF CONFLICTS AND POTENTIAL CONFLICTS DEPENDS ON COMPLETE AND TIMELY DISCLOSURE. DISCLOSURE WILL OCCUR THROUGH AN ANNUAL WRITTEN STATEMENT AND THE NOTIFICATION TO THE BOARD CHAIR OF OTHER ACTUAL OR POTENTIAL CONFLICTS, AS THEY ARISE. ALL FINANCIAL AND MATERIAL FACTS RELATING TO POTENTIAL CONFLICT OF INTERESTS SHALL BE DISCLOSED. ANNUALLY, EACH BOARD AND COMMITTEE MEMBER SHALL SIGN AND FILE A DISCLOSURE STATEMENT THAT SHALL BE KEPT WITH THE RECORDS OF THE BOARD. PRIOR TO APPOINTMENT, ALL FUTURE BOARD AND COMMITTEE MEMBERS SHALL DO LIKEWISE. SIGNING OF A DISCLOSURE STATEMENT ACKNOWLEDGES THAT A PERSON HAS RECEIVED, READ AND UNDERSTANDS, AND COMPLIES WITH THE POLICY AS IT RELATES TO MEMBERSHIP ON AND ACTIONS OF THE BOARD AND COMMITTEES. DISCLOSURE STATEMENTS SHALL BE REVIEWED BY THE EXECUTIVE COMMITTEE WHICH SHALL RECOMMEND ACTION BY THE BOARD, IF NECESSARY. WHENEVER A POTENTIAL CONFLICT ARISES THAT HAS NOT BEEN IDENTIFIED ON A DISCLOSURE FORM, IT SHALL BE DISCLOSED TO THE CHAIR OF TO THE EXECUTIVE COMMITTEE IN A TIMELY FASHION, AND MADE A PART OF THE RECORD OF THE BOARD. WHENEVER NECESSARY, THE BOARD SHALL TAKE APPROPRIATE ACTION WITH RESPECT TO PERSONS WHO ARE IN VIOLATION OF THIS POLICY. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER OF THE BOARD OR A COMMITTEE HAS FAILED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS, EITHER IN WRITING OR, AT A LATER DATE, TO THE CHAIR, IT SHALL INFORM THE PERSON OF ITS BELIEF AND AFFORD THE PERSON AN OPPORTUNITY TO PROVIDE AN EXPLANATION. IF, AFTER HEARING THE EXPLANATION OF THE PERSON AND MAKING FURTHER INVESTIGATION DEEMED NECESSARY UNDER THE CIRCUMSTANCES, IT IS DECIDED THAT THE PERSON FAILED TO DISCLOSE IN A PROPER FASHION THE ACTUAL OR POTENTIAL CONFLICT, THE BOARD SHALL TAKE APPROPRIATE CORRECTIVE OR DISCIPLINARY ACTION. THE BOARD, THROUGH ITS EXECUTIVE COMMITTEE, SHALL UNDERTAKE PERIODIC REVIEWS TO DETERMINE COMPLIANCE WITH THIS POLICY. IT SHALL REPORT ITS FINDINGS TO THE FULL BOARD AND INCLUDE RECOMMENDATIONS FOR REVISION, WHERE NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL'S EXECUTIVE COMMITTEE REVIEWS THE SALARY AND BENEFITS OF THE HEAD OF SCHOOL IN COMPARISON TO THE SALARIES OF THE HEADS OF SCHOOLS OF SIMILAR SIZE IN CONJUNCTION WITH GUIDANCE FROM INDEPENDENT CONSULTANTS AND COMPENSATION SURVEYS. THE HEAD OF SCHOOL'S CONTRACT IS PRESENTED TO THE BOARD FOR OVERALL APPROVAL. THIS PROCESS WAS LAST UNDERTAKEN IN AUGUST, 2022, RESULTING IN A NEW 4 YEAR EMPLOYMENT AGREEMENT. ON AN ANNUAL BASIS, THE HEAD OF SCHOOL AND THE EXECUTIVE COMMITTEE REVIEW THE SALARY OF THE CHIEF FINANCIAL OFFICER IN COMPARISON TO THE SALARIES OF INDIVIDUALS IN SIMILAR POSITIONS AT PEER SCHOOLS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR UNCOLLECTIBLE PLEDGES -39,500. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.