2025-05-08T09:36:47-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2023-07-01 060646661 THE FREDERICK GUNN SCHOOL INC FRED 8608687334 99 GREEN HILL ROAD WASHINGTON CT 06793 CHRISTOPHER W COWELL CHIEF FINANCIAL OFFICER 8608687334 2025-05-07 1 1 LAURA J KENNEY P00202198 6177170831 2025-04-10 2023 2025-03-06 01:10:19Z EMILY GUM 99 GREEN HILL ROAD WASHINGTON CT 06793 35209063 0 X WWW.FREDERICKGUNN.ORG X 1920 CT TO PROVIDE STUDENTS WITH A SECONDARY EDUCATION IN AN ATMOSPHERE CONDUCIVE TO LEARNING AND SOCIAL INTERACTION WITH OTHERS. 27 26 168 60 -17586 0 6931632 8047091 22233415 23386004 456310 910388 468673 466315 30090030 32809798 6234897 6229542 0 0 12057322 12383520 0 0 2159119 11373836 12209392 29666055 30822454 423975 1987344 113170907 124526063 33451192 38874862 79719715 85651201 THE FREDERICK GUNN SCHOOL CULTIVATES INDEPENDENT CRITICAL THINKERS EMPOWERED TO BE A FORCE FOR GOOD. WE EDUCATE HIGHLANDERS TO BE AMBITIOUS CITIZENS WHO ARE ALWAYS LEARNING AND COURAGEOUS IN CHARACTER LIKE OUR FOUNDERS FREDERICK AND ABIGAIL GUNN. 0 0 23228436 6229542 23589970 THE PROGRAM SERVICE ACTIVITIES PROVIDED BY THE SCHOOL ARE THOSE ASSOCIATED WITH COLLEGE PREPARATORY INSTITUTIONS. THESE ACTIVITIES INCLUDE PROVIDING STUDENTS A SECONDARY EDUCATION, DORMITORY SERVICES AND A SCHOOL STORE. 23228436 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 0 0 0 0 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 51 0 1 168 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X CHRISTOPHER COWELL 8608687334 99 GREEN HILL RD WASHINGTON CT 06793 EMILY GUM AS OF 0723 TRUSTEE - HEAD OF SCHOOL 50.00 X X 286728 0 79817 ROBERT M TIRSCHWELL TRUSTEE 1.00 X 0 0 0 PAUL MCMANUS TRUSTEE 1.00 X 0 0 0 REBECCA WEISBERG TRUSTEE 1.00 X 0 0 0 RICHARD N TAGER TRUSTEE 1.00 X 0 0 0 ROBERT BELLINGER TRUSTEE 1.00 X 0 0 0 THOMAS R KING TRUSTEE 1.00 X 0 0 0 SARAH SCHEEL COOK TRUSTEE 1.00 X 0 0 0 SHERMAN HOTCHKISS TRUSTEE 1.00 X 0 0 0 STEPHEN BAIRD TRUSTEE 1.00 X 0 0 0 OMAR SLOWE TRUSTEE 1.00 X 0 0 0 TIMOTHY JACKSON TRUSTEE 1.00 X 0 0 0 WANJI WALCOTT TRUSTEE 1.00 X 0 0 0 BETH GLYNN TRUSTEE 1.00 X 0 0 0 NATALIE HOLME ELSBERG TRUSTEE 1.00 X 0 0 0 PATRICK M DORTON TRUSTEE 1.00 X 0 0 0 KRYSTALYNN SCHLEGEL TRUSTEE 1.00 X 0 0 0 ASHLEIGH FERNANDEZ TRUSTEE 1.00 X 0 0 0 BONNIE PENNELL TRUSTEE 1.00 X 0 0 0 MELISSA REMLEY TRUSTEE 1.00 X 0 0 0 DANIEL TROIANO TRUSTEE 1.00 X 0 0 0 DAMIEN MARSHALL TRUSTEE 1.00 X 0 0 0 JON C DEVEAUX TRUSTEE 1.00 X 0 0 0 JONATHAN S LINEN TRUSTEE 1.00 X 0 0 0 KEVIN BOGARDUS TRUSTEE 1.00 X 0 0 0 WILLIAM BARDEL TRUSTEE 1.00 X 0 0 0 ADAM GERRY TRUSTEE 1.00 X 0 0 0 CHRISTOPHER W COWELL CHIEF FINANCIAL OFFICER 50.00 X 269217 0 46969 SEAN BROWN CHIEF ADVANCEMENT OFFICER 50.00 X 190724 0 129315 DOUGLAS DAY CHIEF ENROLLMENT STRATEGY & MARKETING 50.00 X 138900 0 384 BRIAN DANIELS DIRECTOR OF TECHNOLOGY 50.00 X 124608 0 29715 SETH LOW ASSOCIATE HEAD OF SCHOOL 50.00 X 124867 0 128457 ROBERT DALY DIRECTOR OF FACILITIES 50.00 X 128482 0 7251 SUZANNE DAY DIRECTOR OF ADMISSIONS 50.00 X 145172 0 36249 PETER WE BECKER UNTIL 0623 TRUSTEE - HEAD OF SCHOOL 0.00 X 224150 0 76632 1632848 0 534789 12 1 1 0 SASAKI ASSOCIATES 110 CHAUNCY ST SUITE 200 BOSTON MA 02111 ARCHITECTURAL DESIGN SERVICES 727525 MERITAIN HEALTH PO BOX 223881 PITTSBURG PA 15201 HEALTH ADMINISTRATION SERVICES 556992 ARC ARCHITECTURAL RESOURCES CAMBRIDGE 501 BOYLSTON ST STE 4101 BOSTON MA 02116 ARCHITECTURAL DESIGN SERVICES 432813 MICHAEL AESIF CONTRACTING & CARPENTRY LL 523 HINMAN RD WATERTOWN CT 06795 CONTRACTING SERVICES 295344 COLLIERS PROJECT LEADERS USA NE LLC 101 CRAWFORDS CORNER RD STE 3400 HOLMDEL NJ 07733 CONSTRUCTION PROJECT SERVICES 239990 12 8047091 1050452 8047091 TUITION AND FEES 611110 23386004 23386004 23386004 745443 -16828 762271 99976 0 99976 99976 99976 2564210 2399265 164945 164945 -758 165703 SUMMER PROGRAMS 611110 203966 203966 MISCELLANEOUS INCOME 611110 116619 116619 REFUNDS/REBATES 611110 45754 45754 366339 32809798 23589970 -17586 1190323 6229542 6229542 1121447 155931 487537 477979 8246656 5730801 1683531 832324 540953 389536 102800 48617 1827765 1321377 396243 110145 646699 413887 148741 84071 60374 60374 63661 63661 138510 138510 481647 84989 396658 184276 154004 30272 283540 226832 42531 14177 1705945 1364756 255892 85297 225341 20841 178945 25555 108952 5931 94365 8656 799881 679899 119982 2498927 1999142 374839 124946 426140 362219 63921 ACADEMIC, ATHLETIC, ETC 2333696 1582917 493022 257757 FOOD SERVICE 1683299 1683299 REPAIRS AND MAINTENANCE 804713 648145 117770 38798 CUSTODIAL 410490 328392 61573 20525 30822454 23228436 5434899 2159119 1500 1500 8793061 6888609 2671260 1842957 266314 36834 80304 56820 550228 407354 114703577 33203964 71261005 81499613 23755523 26300247 5791712 7492129 113170907 124526063 7522870 2537594 6368130 7829343 10219235 10226182 9340957 18281743 33451192 38874862 X 47442988 62505764 32276727 23145437 79719715 85651201 113170907 124526063 1987344 3944142 0 X 0 1 X 1 0 X 4226399 11984857 12560292 6931632 8047091 43750271 4226399 11984857 12560292 6931632 8047091 43750271 15651653 28098618 485016 431170 524024 653152 862247 2955609 1045956 225682 126129 162373 1560140 48266020 105126201 0.58220 0.59620 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 1,045,956. 2021 AMOUNT: $ 225,682. 2022 AMOUNT: $ 126,129. 2023 AMOUNT: $ 162,373. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30651350 1793124 4585919 426324 1044678 35559391 27987683 1081595 2990073 418620 989381 30651350 30275257 3605247 -4351695 373570 1167556 27987683 22763175 1745870 7134269 351754 1016303 30275257 23707606 345164 265914 446372 1109137 22763175 0.41800 0.47200 0.11000 0 0 732618 732618 103348731 25846342 77502389 3159525 2286551 872974 7462703 5071071 2391632 81499613 ALTERNATIVE INVESTMENTS 7492129 F 7492129 X 30385888 3944142 3944142 26441746 138510 6229542 6368052 32809798 24454402 0 24454402 138510 6229542 6368052 30822454 PART V, LINE 4: ENDOWMENT FUNDS WILL BE USED TO PROVIDE SUPPORT FOR THE OPERATION OF THE SCHOOL, INCLUDING INSTRUCTION, PLANT OPERATIONS, SCHOLARSHIPS AND GENERAL PURPOSES. PART X, LINE 2: THE SCHOOL HAS BEEN GRANTED AN EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC), SECTION 501 (A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2024 OR 2023. 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 STATEMENT OF FINANCIAL POSITION. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 6,229,542. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 6,229,542. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF THE NONDISCRIMINATORY POLICY IS PUBLISHED ON THE HOMEPAGE OF THE ORGANIZATION'S WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1155792 0 0 0 0 0 0 1155792 0 1155792 1 0 1 1 0 0 1 SCHOLARSHIPS AND FINANCIAL AID 155 6229542 N/A N/A PART I, LINE 2: SCHOLARSHIPS AND FINANCIAL ASSISTANCE ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. INDIVIDUALS AWARDED ASSISTANCE ARE REQUIRED TO MAINTAIN CERTAIN LEVELS OF ACADEMIC PERFORMANCE BASED ON THE SCHOOL'S POLICIES. THE SCHOOL MONITORS THE INDIVIDUALS TO INSURE THEY MEET THOSE STANDARDS. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 EMILY GUM AS OF 0723 TRUSTEE - HEAD OF SCHOOL 286346 0 0 0 382 0 24005 0 55812 0 366545 0 0 0 SEAN BROWN CHIEF ADVANCEMENT OFFICER 190724 0 0 0 0 0 20269 0 109046 0 320039 0 0 0 CHRISTOPHER W COWELL CHIEF FINANCIAL OFFICER 269217 0 0 0 0 0 24156 0 22813 0 316186 0 0 0 PETER WE BECKER UNTIL 0623 TRUSTEE - HEAD OF SCHOOL 222306 0 0 0 1844 0 41269 0 35363 0 300782 0 0 0 SETH LOW ASSOCIATE HEAD OF SCHOOL 124867 0 0 0 0 0 13583 0 114874 0 253324 0 0 0 SUZANNE DAY DIRECTOR OF ADMISSIONS 145172 0 0 0 0 0 13600 0 22649 0 181421 0 0 0 BRIAN DANIELS DIRECTOR OF TECHNOLOGY 124608 0 0 0 0 0 13173 0 16542 0 154323 0 0 0 PART I, LINE 1A PERSONAL RESIDENCE IS PROVIDED AS A MANDATORY CONDITION OF EMPLOYMENT TO THE HEAD OF SCHOOL, FOR THE CONVENIENCE OF THE SCHOOL, AS EMPLOYER, SUBJECT TO THE UNDERSTANDING THAT IT WILL BE USED FOR SCHOOL FUNCTIONS. THE CHIEF ADVANCEMENT OFFICER AND ASSOCIATE HEAD OF SCHOOL ARE ALSO PROVIDED ON-CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE SCHOOL. A LOCAL CLUB PROVIDES MEMBERSHIP FOR THE HEAD OF THE SCHOOL, SOLELY FOR THE PURPOSES OF SCHOOL RELATED BUSINESS. THE SCHOOL BEARS THE COST OF CLEANING ASSISTANCE IN CONNECTION WITH THE USE OF THE HOUSE FOR SCHOOL ENTERTAINMENT, MEETINGS AND OTHER FUNCTIONS. THE SCHOOL TREATS ALL OF THESE ITEMS AS NONTAXABLE. A CONNECTICUT HEALTH & EDUCATIONAL FACILITIES AUTHORITY 833672347 NONEAVAIL 2022-04-21 10419498 PRIOR BOND REFUNDING AND LOAN REFUNDING 0 0 0 A 10419498 208389 10211109 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 1 1 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CONNECTICUT HEALTH & EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/23/2022 X 5 1050452 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN B REPRESENTS THE NUMBER OF DONORS. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES, BY RESOLUTION ADOPTED BY THE AFFIRMATIVE VOTE OF AT LEAST A MAJORITY OF THE ENTIRE BOARD, MAY CREATE AND DISBAND FROM TIME TO TIME SUCH STANDING COMMITTEES OF THE BOARD AS THE BOARD IN ITS DISCRETION SHALL DETERMINE. IN ADDITION, THE BOARD CHAIR, ACTING INDIVIDUALLY, OR THE BOARD OF TRUSTEES, BY RESOLUTION ADOPTED BY THE AFFIRMATIVE VOTE OF AT LEAST A MAJORITY OF THE ENTIRE BOARD, MAY APPOINT AD HOC COMMITTEES COMPOSED OF ONE OR MORE TRUSTEES AS THE BOARD CHAIR OR THE BOARD, AS THE CASE MAY BE, MAY DEEM PROPER. THE BOARD CHAIR, IN CONSULTATION WITH THE HEAD OF SCHOOL, SHALL DESIGNATE A CHAIR FOR EACH BOARD COMMITTEE (BOTH STANDING AND AD HOC) AND WILL, IN CONSULTATION WITH THE RESPECTIVE COMMITTEE CHAIR, APPOINT MEMBERS OF THE BOARD, AND, AS EX OFFICIO MEMBERS, SUCH OTHER MEMBERS OF THE SCHOOL COMMUNITY AS DEEMED NECESSARY, TO EACH COMMITTEE. THE BOARD CHAIR SHALL REPORT TO THE FULL BOARD AS TO THE CREATION AND COMPOSITION OF ANY AD HOC COMMITTEES CREATED BY ACTION OF THE BOARD CHAIR. STANDING COMMITTEE MEMBERS SHALL SERVE FOR A TERM OF ONE YEAR OR UNTIL THEIR RESPECTIVE SUCCESSORS ARE DESIGNATED. ALL AD HOC COMMITTEES SHALL TERMINATE UPON PRESENTATION OF THEIR CONCLUSIONS AND RECOMMENDATIONS TO THE FULL BOARD, UNLESS OTHERWISE DIRECTED BY THE BOARD CHAIR OR THE AFFIRMATIVE VOTE OF A MAJORITY OF THE ENTIRE BOARD. ALL COMMITTEES, BOTH STANDING AND AD HOC, SHALL HAVE AND MAY EXERCISE ALL SUCH AUTHORITY AS SHALL BE PROVIDED IN ANY BOARD RESOLUTION ESTABLISHING SUCH COMMITTEE OR AS OTHERWISE DIRECTED BY THE BOARD CHAIR OR A MAJORITY OF THE MEMBERS OF THE BOARD. ALL COMMITTEES MAY MEET IN PERSON OR BY TELECONFERENCE. ALL COMMITTEES SHALL MAINTAIN RECORDS OF THEIR PROCEEDINGS AND SHALL REPORT AT BOARD OF TRUSTEE MEETINGS THE RESULT OF THEIR FINDINGS AND THEIR PROCEEDINGS, INCLUDING ANY RECOMMENDED ACTIONS, PROVIDED THAT AD HOC COMMITTEES TASKED WITH A MATTER OR PROJECT THAT WOULD OTHERWISE FALL UNDER THE GENERAL JURISDICTION OR SCOPE OF RESPONSIBILITY OF A STANDING COMMITTEE SHALL FIRST REPORT TO, AND COORDINATE ITS FINDINGS AND RECOMMENDATIONS WITH, SUCH STANDING COMMITTEE. THE HEAD OF SCHOOL SHALL SERVE AS AN EX OFFICIO MEMBER OF ALL COMMITTEES BUT SHALL NOT BE ENTITLED TO VOTE UPON ANY MATTER IN WHICH HE OR SHE HAS A PERSONAL INTEREST OR WHICH PERTAINS DIRECTLY TO THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A TAX ADVISOR OF A NATIONAL ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE FORM 990 IS REVIEWED WITH THE CHAIR OF THE AUDIT AND RISK COMMITTEE. THEN A DRAFT FORM 990 WITH SCHEDULE B, SCHEDULE OF CONTRIBUTIONS, REDACTED, IS PROVIDED TO THE FULL BOARD FOR COMMENT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANUALLY KEY EMPLOYEES, OFFICERS AND TRUSTEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM. THE CFO AND THE AUDIT RISK COMMITTEE REVIEW THE CONFLICT OF INTEREST FORMS. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF THE SCHOOL'S COMPENSATION WAS DETERMINED BY A BOARD COMPENSATION COMMITTEE. THIS COMMITTEE UTILIZED INPUT FROM AN INDEPENDENT CONSULTANT AND DATA REFLECTING COMPENSATION FOR HEADS OF SCHOOL AT COMPARABLE SCHOOLS. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES OF THE SCHOOL ARE SET BY THE HEAD OF THE SCHOOL, UTILIZING DATA REFLECTING COMPENSATION FOR SIMILAR POSITIONS AT COMPARABLE SCHOOLS, OFTEN IN CONSULTATION WITH THE CHAIRMAN OF THE BOARD OF TRUSTEES AND WITH OUTSIDE CONSULTANTS. THE BOARD GOES THROUGH A CONTRACT PROCESS PERIODICALLY, AND THE HEAD OF SCHOOL IS CURRENTLY UNDER A CONTRACT. COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD CHAIR. THEN COMMUNICATION IS MADE TO THE BOARD BY THE BOARD CHAIR ANUALLY VIA EMAIL. THE DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.