2025-05-12T17:57:50-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2023-07-01 060733693 GREENS FARMS ACADEMY INC GREE 2032567543 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 JENNIFER CAMPBELL CHIEF FINANCE & OPERATING OFFICER 2032567543 2025-05-12 1 0 LAURA J KENNEY P00202198 6177170831 2025-05-09 2023 2025-03-06 01:10:19Z JENNIFER CAMPBELL 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 55333185 0 X WWW.GFACADEMY.ORG X 1925 CT GFA ENGAGES STUDENTS AS PARTNERS IN AN INNOVATIVE, INCLUSIVE, AND GLOBALLY MINDED COMMUNITY TO PREPARE THEM FOR A LIFE OF PURPOSE. 23 22 383 215 171257 0 7577678 6962625 37864764 39451112 503005 2831665 450545 450509 46395992 49695911 5216255 6094718 0 0 25027969 26140118 36359 6000 2186607 12292587 13657560 42573170 45898396 3822822 3797515 158036789 196307054 19796114 49755966 138240675 146551088 GFA ENGAGES STUDENTS AS PARTNERS IN AN INNOVATIVE, INCLUSIVE, AND GLOBALLY MINDED COMMUNITY TO PREPARE THEM FOR A LIFE OF PURPOSE. 0 0 39209585 6089594 39365696 AT GFA, WE BELIEVE A PRE-KINDERGARTEN THROUGH 12TH GRADE EDUCATION CAN BE JOYFUL. WE INVITE OUR STUDENTS TO THINK BIG, QUESTION OFTEN AND STAY GROUNDED IN OUR CORE VALUES OF PASSION, INTEGRITY, EMPATHY, CURIOSITY, AND EXCELLENCE. STUDENTS ARE AT THE CENTER OF EVERYTHING, AS KNOWN AND ENGAGED PARTNERS IN THEIR OWN LEARNING. THEY TAKE PRIDE IN THEIR ACHIEVEMENTS, DEFINE WHAT EXCELLENCE MEANS FOR THEM, AND THEN RISE TO MEET IT. INNOVATION IS NOT A BUZZWORD AT GFA. HERE, THOUGHTFUL PROGRESS TRAVELS ALONGSIDE A LEGACY OF ACADEMIC STRENGTH. GFA PROUDLY HELPS SHAPE MEN AND WOMEN OF CHARACTER WHO WILL LEAVE THEIR MARK ON THE BROADER GLOBAL COMMUNITY. 1935967 0 6203 HORIZONS AT GFA - HORIZONS AT GFA HELPS UNDERSERVED BRIDGEPORT STUDENTS IN PRE-KINDERGARTEN THROUGH 12TH GRADE IMPROVE THEIR EDUCATIONAL OUTCOMES BY PROVIDING ACADEMIC INSTRUCTION, ENRICHMENT EXPERIENCES, MENTORING, AND EDUCATIONAL GUIDANCE IN A NURTURING COMMUNITY OF DEDICATED PROFESSIONALS. 57674 5124 79213 SUMMER PROGRAMS - THE GFA SUMMER PROGRAM OFFERS INNOVATIVE ACADEMIC COURSES, SUMMER SPORTS FOR YOUNG ATHLETES AND A FUN-FILLED SUMMER CAMP. 41203226 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 159 0 1 383 1 1 1 0 0 0 0 1 1 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 JENNIFER CAMPBELL 2032567543 35 BEACHSIDE AVENUE PO BOX 998 GREEN FARMS CT 068380998 WARD K HORTON CHAIR 4.00 X X 0 0 0 VANI BETTEGOWDA CO-VICE CHAIR 4.00 X X 0 0 0 DON SAN JOSE CO-VICE CHAIR 4.00 X X 0 0 0 MICHAEL BLITZER TREASURER 4.00 X X 0 0 0 MEADE FOGEL SECRETARY 4.00 X X 0 0 0 GIL AIKINS TRUSTEE 2.00 X 0 0 0 RENEE BEA TRUSTEE 2.00 X 0 0 0 REBECCA BLISS TRUSTEE 2.00 X 0 0 0 WILLIAM L BUCKNALL TRUSTEE 2.00 X 0 0 0 DAVID DURKIN TRUSTEE 2.00 X 0 0 0 SANFORD EWING TRUSTEE 2.00 X 0 0 0 ROGER FERRIS TRUSTEE 2.00 X 0 0 0 SANDRA FROST TRUSTEE 2.00 X 0 0 0 ROOPALI HALL TRUSTEE 2.00 X 0 0 0 NADENE MCKENZIE-REID TRUSTEE 2.00 X 0 0 0 THOMAS MURPHY TRUSTEE 2.00 X 0 0 0 SEAN OBI TRUSTEE 2.00 X 0 0 0 ANDY PAPADAKOS TRUSTEE 2.00 X 0 0 0 KIM KELLER RAVEIS TRUSTEE 2.00 X 0 0 0 MELANIE SMITH TRUSTEE 2.00 X 0 0 0 ANGELA TIMASHEV TRUSTEE 2.00 X 0 0 0 PAGE TREMAINE TRUSTEE 2.00 X 0 0 0 EMILY VON KOHORN TRUSTEE 2.00 X 0 0 0 ROBERT WHELAN HEAD OF SCHOOL 40.00 X 664779 0 226511 JENNIFER CAMPBELL CHIEF FINANCE & OPERATIONS 40.00 X 338679 0 89618 JOSEPH FLYNN DIRECTOR OF INSTITUTIONAL ADVANCEMENT 40.00 X 286409 0 57546 SUZZANNA TEYAN ASSOCIATE HEAD OF SCHOOL 40.00 X 172427 0 28839 ANDREW MEYER HEAD OF THE MIDDLE SCHOOL 40.00 X 182439 0 54497 MATHIEU FREEMAN ADMISSION DIRECTOR 40.00 X 155731 0 53828 ERIC LEE ATHLETIC DIRECTOR 40.00 X 174198 0 53184 RAYMOND WEAVER III DIRECTOR OF CAMPUS PLANNING 40.00 X 162249 0 14390 TARA HULME DIRECTOR OF MAJOR GIFTS 40.00 X 152902 0 50668 2289813 0 629081 59 0 1 0 ROGER FERRIS PARTNERS LLC 11 WILTON ROAD WESTPORT CT 06880 ARCHITECTUAL SERVICES 828303 FAB MAINTENANCE SERVICES LLC 9 PARK STREET 108 NORWALK CT 06851 CLEANING SERVICES 214822 CONNECTICUT TRANSPORTATION SOLUTIONS LLC PO BOX 4110 DEPT 5261 WOBURN MA 018884110 TRANSPORTATION SERVICES 134567 LELIO VLEUX 179-26 144TH ROAD JAMAICA NY 11434 FOOD/CATERING SERVICE 109096 4 622854 6339771 1546722 6962625 TUITION & FEES 611110 39201480 39201480 STUDENT ACTIVITIES & YEARBOOK 611710 175543 175543 SUMMER SCHOOL TUITION 611110 74089 74089 39451112 2759507 2759507 90692 71708 18984 18984 18984 5462067 5389909 72158 72158 72158 349239 622854 175657 173582 173582 VARIOUS FACILITIES USAGE 713940 171257 171257 PARENTS ASSOC. INCOME 900099 72445 72445 OTHER INCOME 900099 14241 14241 257943 49695911 39451112 171257 3110917 6094718 6094718 2776023 1694323 478112 603588 16788664 15053481 980897 754286 1203902 1106050 54468 43384 4076777 3684435 207554 184788 1294752 1105702 98351 90699 129615 129615 137034 137034 6000 6000 87857 87857 519627 339089 113266 67272 327677 6797 320880 135474 132396 119 2959 546899 546899 2217292 2158534 46026 12732 222822 222822 139240 37017 2238 99985 701344 687317 14027 3838205 3763309 74896 235145 230442 4703 STUDENT ACTIVITIES 1259420 1259420 DINING ROOM 1057472 1057472 SCHOOL SUPPLIES 708766 706177 2589 HORIZONS PROGRAM 675236 675236 718435 641590 76811 34 45898396 41203226 2508563 2186607 575 3145 24130499 53705588 2263803 2253854 1784206 2987356 224479 238196 123977465 45153761 76636380 78823704 37689035 45045904 15002681 12255209 305131 994098 158036789 196307054 3689591 3023047 16096523 16539696 29523326 10000 0 669897 19796114 49755966 X 126895534 133213596 11345141 13337492 138240675 146551088 158036789 196307054 X 3797515 4480030 32868 X 0 1 X 1 0 X 3767955 4853430 5008980 7577678 6962625 28170668 3767955 4853430 5008980 7577678 6962625 28170668 2946230 25224438 1287018 1308228 895100 832826 2850199 7173371 277235 257919 173582 708736 114842 133414 125443 81113 86686 541498 36594273 180539699 0.68930 0.69450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARENTS ASSOC INCOME - 2019 AMOUNT: $ 104,093. 2020 AMOUNT: $ 43,790. 2021 AMOUNT: $ 73,808. 2022 AMOUNT: $ 12,544. 2023 AMOUNT: $ 14,241. OTHER INCOME - 2019 AMOUNT: $ 10,749. 2020 AMOUNT: $ 89,624. 2021 AMOUNT: $ 51,635. 2022 AMOUNT: $ 68,569. 2023 AMOUNT: $ 72,445. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46700371 722736 5241518 218000 1080900 87818 51277907 43742387 283396 3875263 203000 913201 84474 46700371 50116998 146360 -5161791 194200 1027297 137683 43742387 40093328 129518 11675514 189473 1591889 50116998 39234686 143253 950594 184038 51167 40093328 0.85000 0.06000 0.09000 0 0 5725539 5725539 102078278 37906487 64171791 5223998 3634474 1589524 10949650 3612800 7336850 78823704 BARON EMERGING MARKETS FUND 1194058 F HARBOURVEST 2019 2036387 F HARBOUR VEST 2020 1886271 F LBC CREDIT PARTNERS 548984 F IRONWOOD INTERNATIONAL LTD 6034596 F HARBOURVEST 2023 187617 F A/R INVESTMENT ACCOUNTS 367296 F 12255209 RIGHT OF USE LIABILITIES 669897 669897 48536714 4480030 247365 4727395 43809319 87857 5798735 5886592 49695911 40226301 214497 214497 40011804 87857 5798735 5886592 45898396 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE SUPPORT FOR GREENS FARMS ACADEMY AND ITS MISSION OVER THE LONG TERM. IN DETERMINING INVESTMENT AND DRAW POLICIES, THE SCHOOL'S GOAL IS TO ENSURE THAT THE FUTURE GROWTH OF THE ENDOWMENT IS SUFFICIENT TO OFFSET NORMAL INFLATION PLUS REASONABLE SPENDING, THEREBY PRESERVING THE REAL (INFLATION-ADJUSTED) VALUE AND PURCHASING POWER OF THE FUND FOR FUTURE GENERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 71,708. FUNDRAISING EXPENSES 175,657. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,798,735. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 71,708. RENTAL EXPENSES 175,657. UNCOLLECTIBLE PLEDGES -32,868. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,798,735. 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 SCHOOL PUBLISHES A BROCHURE WHICH INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY. THE STATEMENT IS ALSO INCLUDED ON THE HOMEPAGE OF THE SCHOOL'S WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 11338928 0 0 0 0 0 0 11338928 0 11338928 1 0 1 1 0 0 X 1 THE ANGELETTI GROUP LLC 365 SOUTH STREET SUITE 100 MORRISTOWN NJ 07960 FEASIBILITY STUDY 0 0 6000 0 6000 CT NY NJ CA FL HORIZONS FALL GALA 730014 443834 286180 5000 33667 8500 45330 GOLF EVENT 242079 179020 63059 65277 1450 16433 972093 622854 349239 5000 98944 9950 61763 175657 173582 1 STUDENT FINANCIAL AID 151 5798735 N/A TUITION SUPPLEMENTAL STUDENT AID FOR ACADEMIC NEEDS 119 290859 N/A BOOKS, TRANSPORTATION, UNIFORMS, TRIPS, ATHLETICS SUMMER PROGRAM FINANCIAL AID 5 5124 N/A SUMMER TUITION PROGRAM PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS BASED ON NEED AND IS DETERMINED UTILIZING SCHOOL AND CLARITY GUIDELINES WHICH PROVIDE A FINANCIAL AID NEED ANALYSIS BASED ON CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. ADDITIONAL AID MAY ALSO BE PROVIDED FOR SUPPLEMENTAL NEEDS SUCH AS BOOKS, TRANSPORTATION, AND REQUIRED EQUIPMENT. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 ROBERT WHELAN HEAD OF SCHOOL 615451 0 0 0 49328 0 88050 0 138461 0 891290 0 0 0 JENNIFER CAMPBELL CHIEF FINANCE & OPERATIONS 322807 0 0 0 15872 0 27859 0 61759 0 428297 0 0 0 JOSEPH FLYNN DIRECTOR OF INSTITUTIONAL ADVANCEMEN 262409 0 0 0 24000 0 23278 0 34268 0 343955 0 0 0 ANDREW MEYER HEAD OF THE MIDDLE SCHOOL 182439 0 0 0 0 0 16161 0 38336 0 236936 0 0 0 ERIC LEE ATHLETIC DIRECTOR 174198 0 0 0 0 0 14238 0 38946 0 227382 0 0 0 MATHIEU FREEMAN ADMISSION DIRECTOR 155731 0 0 0 0 0 12899 0 40929 0 209559 0 0 0 TARA HULME DIRECTOR OF MAJOR GIFTS 152902 0 0 0 0 0 13666 0 37002 0 203570 0 0 0 SUZZANNA TEYAN ASSOCIATE HEAD OF SCHOOL 172427 0 0 0 0 0 14692 0 14147 0 201266 0 0 0 RAYMOND WEAVER III DIRECTOR OF CAMPUS PLANNING 142249 0 0 0 20000 0 12199 0 2191 0 176639 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS PROVIDED WITH A RESIDENCE FOR PERSONAL AND BUSINESS USE. THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS, AND HOST EVENTS OPEN TO FACULTY, STUDENTS, AND CONSTITUENTS ON AVERAGE ONCE A WEEK. THE VALUE OF THE HOUSING IS REPORTED IN SCHEDULE J, PART II, COLUMN (D) AND IS TREATED AS NONTAXABLE. CLEANING SERVICES WERE PROVIDED FOR THE HEAD OF SCHOOL'S RESIDENCE. HOUSE CLEANING COSTS INCURRED FOR SCHOOL PURPOSES WERE TREATED AS NONTAXABLE INCOME, WHEREAS PERSONAL CLEANING COSTS WERE TREATED AS TAXABLE INCOME. PART I, LINE 4B THE HEAD OF SCHOOL PARTICIPATES IN A SECTION 457(F) PLAN THAT HAS A SUBSTANTIAL RISK OF FORFEITURE. A CHEFA 2023 SERIES A 060806186 2023-12-08 30000000 FINANCING LOWER SCHOOL DINING & ASSEMBLY AND ATHLETICS & WELLNESS CENTER PRO 0 0 0 A 30000000 442158 5886202 23671640 0 0 0 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 ROGER FERRIS PARTNERS LLC OWNER, ROGER FERRIS, IS A TRUSTEE 318764 ARCHITECTURAL SERVICES 0 X 29 1546722 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 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ACADEMY'S FORM 990 IS PREPARED BY THE SCHOOL'S TAX ADVISORS WITH INFORMATION PROVIDED BY MANAGEMENT. UPON REVIEW AND APPROVAL, THE 990 IS REVIEWED WITH AND DISTRIBUTED TO THE HEAD OF SCHOOL, THE BOARD TREASURER & PRESIDENT AND THE CFO, ALONG WITH THE FINANCE COMMITTEE, BEFORE SUBMITTING TO THE IRS. THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS TO REVIEW THROUGH A SECURE PORTAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH TRUSTEE, OFFICER, AND MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE GOVERNING BOARD SHALL SIGN A STATEMENT THAT AFFIRMS: HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE SCHOOL IS CHARITABLE, AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PERIODIC REVIEWS ARE COMPLETED TO DETERMINE, AT A MINIMUM: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE SCHOOL'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES, AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL WAS EMPLOYED IN FISCAL 2022 UNDER A 3 YEAR CONTRACT RUNNING FROM JULY 1, 2021 UNTIL JUNE 30, 2024. THE COMPENSATION PACKAGE IN THE AGREEMENT WAS DETERMINED BY THE HEAD OF SCHOOL COMPENSATION COMMITTEE USING COMPARABLE COMPENSATION DATA FROM AREA PEER SCHOOLS AND RESULTS FROM THE ANNUAL HEAD OF SCHOOL PERFORMANCE REVIEW. THE HEAD OF SCHOOL IS EVALUATED ANNUALLY VERSUS GOALS MUTUALLY AGREED BY THE BOARD AND NAIS STANDARDS. THE HEAD OF SCHOOL REVIEWS COMPARABLE PEER DATA AND DETERMINES COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES WITHIN THE OVERALL COMPENSATION PARAMETERS / BUDGET SET BY THE BOARD. THESE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES THE FORM 990 AVAILABLE UPON REQUEST AT THE ACADEMY'S PLACE OF BUSINESS. THE ACADEMY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES 32,868.