2023-02-06T14:05:49-06:00 2022-06-30 020476956 TYLER SIMMS & ST SAUVEUR CPAS PLLC 19 MORGAN DRIVE LEBANON NH 03766 990 2021-07-01 020223580 CARDIGAN MOUNTAIN SCHOOL CARD 6035234321 62 ALUMNI DRIVE CANAAN NH 03741 CHRISTOPHER DAY HEAD OF SCHOOL 6035234321 2023-01-25 1 CHRISTOPHER DAY 999009999 AMBER T MCGONIS CPA P01589070 6036530044 2023-01-25 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z CHRISTOPHER DAY 62 ALUMNI DRIVE CANAAN NH 03741 45004028 0 X WWW.CARDIGAN.ORG X 1945 NH EDUCATION 35 34 195 0 0 0 3541869 6542998 13690301 17693025 2153832 4154246 108745 245833 19494747 28636102 3064944 3187757 0 0 9522432 9761099 0 0 1417881 7145290 8570998 19732666 21519854 -237919 7116248 88323836 84289031 19138934 14864722 69184902 69424309 TO OFFER A CLOSE-KNIT COMMUNITY THAT PREPARES MIDDLE SCHOOL BOYS IN MIND, BODY, AND SPIRIT FOR RESPONSIBLE AND MEANINGFUL LIVES IN A GLOBAL SOCIETY. 0 0 13606191 2902507 16676032 AN INDEPENDENT MIDDLE SCHOOL FOR BOYS IN GRADES SIX THROUGH NINE OFFERING A STRONG ACADEMIC AND ATHLETIC PROGRAM. THERE WERE 235 STUDENTS IN THIS PROGRAM DURING THE FISCAL YEAR. 1718648 285250 1016993 A SUMMER SESSION FOR BOYS AND GIRLS IN GRADES THREE THROUGH NINE OFFERING RECREATIONAL AND EDUCATIONAL EXPERIENCES. IN ADDITION, THE CARDIGAN MOUNTAIN SCHOOL OFFERS THE CORE PROGRAM THAT SEEKS TO INSTILL IN BOYS AND GIRLS A LIFELONG PASSION FOR THE OUTDOORS WHILE DEVELOPING THE NECESSARY SKILLS TO FULLY PURSUE THIS PASSION FOR A LIFETIME. 15324839 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 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 61 0 1 195 1 0 0 0 0 0 0 0 0 0 0 0 0 X 35 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X STEPHEN SOLBERG 6035233518 62 ALUMNI DRIVE CANAAN NH 03741 DAVID H BRADLEY TRUSTEE 1.00 X 0 0 0 ROBERT V CHARTENER SECRETARY 1.00 X X 0 0 0 JEREMY T CRIGLER IMMEDIATE PAST CHAIR 1.00 X 0 0 0 RICHARD J DELLARUSSO TRUSTEE 1.00 X 0 0 0 STEWART S DIXON JR TRUSTEE 1.00 X 0 0 0 NABIL ELKOUH TRUSTEE 1.00 X 0 0 0 MICHAEL B GARRISON TREASURER 1.00 X X 0 0 0 PAULA GLOVER VICE CHAIR 1.00 X X 0 0 0 DAVID GREGORY CHAIR 1.00 X X 0 0 0 CHRISTOPHER R HALE TRUSTEE 1.00 X 0 0 0 PING HUANG TRUSTEE 1.00 X 0 0 0 KARL HUTTER VICE CHAIR 1.00 X X 0 0 0 CLAYTON D JOHNSON TRUSTEE 1.00 X 0 0 0 ROBERT F KENERSON TRUSTEE 1.00 X 0 0 0 F CORNING KENLY III TRUSTEE 1.00 X 0 0 0 CHRISTOPHER J KING TRUSTEE 1.00 X 0 0 0 P EDWARD KRAYER TRUSTEE 1.00 X 0 0 0 TYLER L LEWIS TRUSTEE 1.00 X 0 0 0 GEORGE MACOMBER VICE CHAIR 1.00 X X 0 0 0 CANDYCE MARTIN TRUSTEE 1.00 X 0 0 0 BURTON E MCGILLIVRAY TRUSTEE 1.00 X 0 0 0 PORNPHISUD MONGKHONVANIT TRUSTEE 1.00 X 0 0 0 MALCOLM C MORAN TRUSTEE 1.00 X 0 0 0 RICHARD D MORRISON TRUSTEE 1.00 X 0 0 0 BARBARA S O'CONNELL TRUSTEE 1.00 X 0 0 0 MARC PORCELLI TRUSTEE 1.00 X 0 0 0 JEFFREY M ROBERTS TRUSTEE 1.00 X 0 0 0 KRISTI ROSS TRUSTEE 1.00 X 0 0 0 CHRISTOPHER M TALIERCIO TRUSTEE 1.00 X 0 0 0 JONATHAN N WAKELY TRUSTEE 1.00 X 0 0 0 LAURA WALDRON TRUSTEE 1.00 X 0 0 0 CHRISTOPHER DAY HEAD OF SCHOOL 40.00 X X 264206 0 68834 ETHAN FRECHETTE TRUSTEE 1.00 X 0 0 0 HEATHER KNAPP TRUSTEE 1.00 X 0 0 0 MARIO ZAMBRANO TRUSTEE 1.00 X 0 0 0 STEPHEN SOLBERG CFO, ASSISTANT HEAD OF SCHOOL 40.00 X 134156 0 41267 EDWARD AUDETT DIRECTOR OF ADMISSIONS 40.00 X 125787 0 28680 JOTHAM BURNETT DIRECTOR OF DEVELOPMENT 40.00 X 138818 0 37106 JOSHUA LEROY DEAN OF FACULTY, ASST HEAD OF SCHOOL 40.00 X 117676 0 56909 SANDRA HOLLINGSWORTH DIR OF LEADERSHIP AND PLANNED GIFTS 40.00 X 128819 0 30036 909462 0 262832 6 0 1 0 FLIKCOMPASS GROUP PO BOX 417632 BOSTON MA 022417632 FOOD SERVICE CONTRACTOR 1073797 CONNESTON CONSTRUCTION INC PO BOX 7546 GILFORD NH 03247 CONSTRUCTION 572267 E & R LAUNDRY 80 ROSS AVENUE MANCHESTER NH 03103 LAUNDRY SERVICES 315439 RAD SPORTS 171 VFW DRIVE ROCKLAND MA 02370 BUILDING NEW TURF FIELD 302914 NORTCENTER FOODS PO BOX 2628 AUGUSTA ME 04330 FOOD SERVICE PROVIDER 259566 5 380992 1662957 4499049 70543 6542998 TUITION AND FEES 611600 16149220 16149220 SUMMER PROGRAMS 611600 1016993 1016993 PROGRAM SUPPORTING REVENUES 611710 526812 526812 17693025 766488 766488 19527274 64940 16168680 35776 3358594 29164 3387758 3387758 280796 380992 20038 260758 260758 128507 143432 -14925 -14925 28636102 17693025 0 4400079 3187757 3187757 450769 450769 7003957 4285673 1912987 805297 612331 371703 168743 71885 1128976 711152 302599 115225 565066 327854 175607 61605 107050 107050 77216 77216 236409 236409 49657 28756 11625 9276 131060 18432 112628 626363 151650 369558 105155 478295 430280 32010 16005 1264684 1150759 92170 21755 309658 137463 116904 55291 350189 285433 27852 36904 1998057 1816263 134433 47361 221871 23288 198583 FOOD SERVICES AND SUPPL 1550191 1416491 66850 66850 AUXILIARY ENTERPRISES 432311 432311 EDUCATIONAL 256681 256681 ATHLETICS 246979 246979 234327 45914 183141 5272 21519854 15324839 4777134 1417881 16601 12431 1991383 1453755 2524907 3159556 167813 22239 147458 163889 407805 491561 66361661 24614360 41365063 41747301 41551963 37035195 150843 203104 88323836 84289031 1347740 1546745 3773267 2571728 13915968 10596940 101959 149309 19138934 14864722 X 42605463 42915682 26579439 26508627 69184902 69424309 88323836 84289031 X 7116248 -6882133 5292 X X 0 1 X 1 0 X 4018331 11051980 2917352 3541869 6542998 28072530 4018331 11051980 2917352 3541869 6542998 28072530 8347653 19724877 570993 605718 558656 228446 766488 2730301 32100 48275 40282 199195 280796 600648 31403479 79498217 0.62810 0.60260 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING - 2017 AMOUNT: $ 32,100. 2018 AMOUNT: $ 48,275. 2019 AMOUNT: $ 40,282. 2020 AMOUNT: $ 150,311. 2021 AMOUNT: $ 280,796. GAIN ON LIFE INSURANCE - 2020 AMOUNT: $ 48,884. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41687209 1076214 -2995426 1869224 37898773 33003216 45092 10195353 1556452 41687209 35211447 34789 -776788 1466232 33003216 33279588 323204 1325309 -283346 35211447 32329886 431853 1949429 1431580 33279588 0.38349 0.46104 0.15546 1 0 836436 836436 57716061 20102681 37613380 1170724 397400 773324 5418301 4114279 1304022 1220139 1220139 41747301 DEFERRED COMPENSATION 149309 149309 X 18498564 -6882133 -3182466 -10064599 28563163 236409 -163470 72939 28636102 18259157 163469 163469 18095688 236409 3187757 3424166 21519854 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO MAINTAIN A PREDICTABLE STREAM OF FUNDING FOR THE PROGRAMS SUPPORTED BY THE ENDOWMENT FUNDS. PART X, LINE 2: 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, 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 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -3,187,757. PROVISION FOR PLEDGES 2,000. LIFE INSURANCE PREMIUMS -1,620. GAIN ON LIFE INSURANCE 4,911. PART XI, LINE 4B - OTHER ADJUSTMENTS: STORE EXPENSES -143,432. FUNDRAISING EXPENSE -20,038. PART XII, LINE 2D - OTHER ADJUSTMENTS: STORE EXPENSES 143,432. FUNDRAISING EXPENSE 20,038. ROUNDING -1. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANICAL AID 3,187,757. 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 CARDIGAN MOUNTAIN SCHOOL'S NONDISCRIMINATORY POLICY IS PUBLISHED ANNUALLY IN THE BOSTON GLOBE. PARENTS' AUCTION 661788 380992 280796 20038 661788 380992 280796 20038 20038 260758 1 FINANCIAL AID & TUITION REMISSION 135 3187757 FMV FINANCIAL AID IS GIVEN TO STUDENTS BASED ON NEED AND ON SCHOLASTIC ABILITY. THE SCHOOL PROVIDES TUITION FOR CHILDREN OF FULL-TIME EMPLOYEES AS A BENEFIT (TUITION REMISSION). NAMES AND ADDRESSES OF RECIPIENTS ARE AVAILABLE IN THE SCHOOL'S BUSINESS OFFICE. PART I, LINE 2: NAMES AND ADDRESSES OF THE FINANCIAL AID AND TUITION REMISSION RECIPIENTS ARE MAINTAINED AT THE SCHOOL. THE AMOUNT OF FINANCIAL AID AND TUITION REMISSION AWARDED IS CREDITED TO EACH RECIPIENT'S ACCOUNT AND THE NET AMOUNT DUE THE SCHOOL IS THEN BILLED TO THE STUDENT. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER DAY HEAD OF SCHOOL 223950 0 36600 0 3656 0 24533 0 44301 0 333040 0 0 0 JOTHAM BURNETT DIRECTOR OF DEVELOPMENT 132841 0 4000 0 1977 0 13171 0 23935 0 175924 0 0 0 STEPHEN SOLBERG CFO, ASSISTANT HEAD OF SCHOOL 129646 0 4000 0 510 0 13112 0 28155 0 175423 0 0 0 JOSHUA LEROY DEAN OF FACULTY, ASST HEAD OF SCHOOL 113941 0 3500 0 235 0 11811 0 45098 0 174585 0 0 0 SANDRA HOLLINGSWORTH DIR OF LEADERSHIP AND PLANNED GIFTS 123516 0 3700 0 1603 0 12139 0 17897 0 158855 0 0 0 EDWARD AUDETT DIRECTOR OF ADMISSIONS 120940 0 3400 0 1447 0 11191 0 17489 0 154467 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT. A NEW HAMPSHIRE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 020279866 000000000 2012-07-11 11000000 FINANCE THE CONSTRUCTION OF PROJECTS 0 0 0 A 11000000 24158 10975842 2015 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 1 A 0 X 12 70543 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO THE FILING OF THE FORM 990, IT IS REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE ORGANIZATION REQUIRES BOARD MEMBERS TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO A CONFLICT. IF A MEMBER HAS A CONFLICT OF INTEREST WITH A PARTICULAR MATTER, THAT MEMBER WILL LEAVE THE MEETING WHEN A VOTE IS TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THERE IS A SUB-COMMITTEE OF THE BOARD, THE DISQUALIFIED EMPLOYEES SUB-COMMITTEE, THAT MEETS AND USES NATIONAL AND REGIONAL STATISTICS ON OTHER INSTITUTIONS' COMPENSATION FOR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR PLEDGES 2,000. GAIN ON LIFE INSURANCE 4,911. LIFE INSURANCE PREMIUMS -1,620. ROUNDING 1. PART XII THE AUDIT AND RISK COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSEEING THE ANNUAL AUDIT, INCLUDING THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.