2022-05-13T12:16:06-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2020-07-01 060646566 CANTERBURY SCHOOL INC CANT 8602103800 101 ASPETUCK AVENUE NEW MILFORD CT 06776 STEPHEN CARLETON BUSINESS MANAGER 8602103800 2022-05-11 1 STEPHEN CARLETON 999009999 LAURA J KENNEY P00202198 6177170831 2022-05-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RACHEL STONE 101 ASPETUCK AVENUE NEW MILFORD CT 06776 28302819 0 X WWW.CBURY.ORG X 1915 CT EDUCATIONAL ORGANIZATION 22 22 168 250 56728 0 7969953 7213537 18945215 18335778 -107008 125055 404198 254515 27212358 25928885 5120591 5451641 0 0 11012974 10563573 1235 12482 1240305 8017544 8436647 24152344 24464343 3060014 1464542 91620870 108986766 24773513 34145270 66847357 74841496 CANTERBURY IS A COLLEGE PREPARATORY, COEDUCATIONAL BOARDING AND DAY SCHOOL FOR STUDENTS IN GRADES 9-12. 0 0 18653290 5451641 18335778 INSTRUCTION OF APPROXIMATELY 312 STUDENTS IN GRADES 9-12, INCLUDING STUDENT SERVICES RELATED TO EDUCATION PROGRAMS, LODGING AND MEALS. 18653290 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 45 0 1 168 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 22 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X STEPHEN CARLETON BUSINESS MANAGER 8602103806 CANTERBURY SCHOOL 101 ASPETUCK AVE NEW MILFORD CT 06776 ROBERT STEERS PRESIDENT 1.00 X X 0 0 0 JOHN DONOVAN VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL CARRETTA SECRETARY 1.00 X X 0 0 0 DOROTHY ALPERT TRUSTEE 1.00 X 0 0 0 KEITH ANGELL TRUSTEE 1.00 X 0 0 0 CAROL LOVELL CARMODY TRUSTEE 1.00 X 0 0 0 KAREN CASEY TRUSTEE 1.00 X 0 0 0 HAROLD T CLARK III TRUSTEE 1.00 X 0 0 0 MATTHEW DWYER JR TRUSTEE 1.00 X 0 0 0 DOUGLAS FAMIGLETTI TRUSTEE 1.00 X 0 0 0 KEVIN FEE TRUSTEE 1.00 X 0 0 0 LAWRENCE P FISHER II TRUSTEE 1.00 X 0 0 0 SEAN FLANAGAN TRUSTEE 1.00 X 0 0 0 ANNA FLIK TRUSTEE 1.00 X 0 0 0 THEODORE HOLLANDER TRUSTEE 1.00 X 0 0 0 MARY COLEMAN LYNN TRUSTEE 1.00 X 0 0 0 NANCY MULHEREN TRUSTEE 1.00 X 0 0 0 H NICHOLAS RAGLAND JR TRUSTEE 1.00 X 0 0 0 NICOLE D'AMOUR SCHNEIDER TRUSTEE 1.00 X 0 0 0 LAUREN J STEERS TRUSTEE 1.00 X 0 0 0 PETER J TUCKER TRUSTEE 1.00 X 0 0 0 NELL WILLIAMS TRUSTEE 1.00 X 0 0 0 RACHEL STONE HEAD OF SCHOOL/TREASURER 40.00 X 290847 0 176885 PETER COTIER ASSOC HEAD OF SCHOOL/ASST 40.00 X 140345 0 83761 STEPHEN CARLETON BUSINESS MANAGER 40.00 X 176690 0 47500 MATTHEW MULHERN DIRECTOR OF ADMISSION 40.00 X 128726 0 101634 RICHARD HENDERSON CHIEF ADVANCEMENT OFFICER 40.00 X 173929 0 29930 JOHN MOYLAN DIRECTOR OF FACILITIES 40.00 X 121500 0 29118 MATTHEW GLASER DIRECTOR OF INFORMATION TE 40.00 X 119029 0 27891 JAMES STONE DIRECTOR OF ATHLETICS 40.00 X 115857 0 7125 1266923 0 503844 10 0 1 0 BURLINGTON CONSTRUCTION CO INC 450 NEW LITCHFIELD ST TORRINGTON CT 06790 CONSTRUCTION 5047885 TEMPUS LABS INC 600 W CHICAGO AVE STE 510 CHICAGO IL 60654 COVID TESTING 127310 ALLIED UNIVERSAL SECURITY SERVICES 111 FOUNDERS PLAZA HARTFORD CT 06108 SECURITY SERVICE 116382 3 4068232 3145305 209567 7213537 TUITION 611710 18079556 18079556 MISC STUDENT CHARGES 611710 252129 252129 STUDENT SERVICES 611710 4093 4093 18335778 523385 5093 518292 109609 0 109609 109609 109609 1915927 2314257 -398330 -398330 -398330 124724 59677 65047 65047 POOL RINK, FIELD HOUSE 713940 51635 51635 MISCELLANEOUS REVENUE 713940 21149 21149 REGISTRATION 713940 7075 7075 79859 25928885 18335778 56728 322842 5451641 5451641 901531 108226 692237 101068 118549 118549 6964235 5212785 1193952 557498 2037771 1585289 345416 107066 541487 377842 121061 42584 49254 49254 84836 84836 12482 12482 140876 140876 152549 56474 96075 147979 147979 356174 163017 101533 91624 284182 195186 59373 29623 980155 811829 120915 47411 89715 64745 20762 4208 82971 42611 30330 10030 575651 518086 57565 2426063 2062154 242606 121303 339561 339561 OTHER EXPENSES 1167669 590646 543616 33407 PLANT COSTS 732801 547211 182801 2789 FOOD SERVICE COSTS 693940 693940 SPECIAL EVENTS 132271 53059 79212 24464343 18653290 4570748 1240305 11977279 9794972 1888731 827704 430721 13130811 103817 111187 449451 337623 83506455 38997098 42986204 44509357 18349219 20555174 15435448 19719938 91620870 108986766 1754443 1309170 1421643 13078338 18980670 18995417 275437 248870 1934800 77757 406520 435718 24773513 34145270 X 18632875 37171906 48214482 37669590 66847357 74841496 91620870 108986766 1464542 6529597 0 X 0 1 X 1 0 X 3202405 11235057 9974619 7969953 7213537 39595571 3202405 11235057 9974619 7969953 7213537 39595571 15322587 24272984 483244 739674 595024 742326 627901 3188169 94369 79234 55150 50153 56728 335634 43119374 54085609 0.56290 0.48660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31432533 1085741 6974548 1595591 201964 37695267 30735586 1610891 262463 477206 522794 176407 31432533 31124377 967002 1178491 755213 1594787 184284 30735586 31377854 751408 1638040 730070 1769930 142925 31124377 28876963 3225280 2080624 2700000 105013 31377854 0.22100 0.68850 0.09050 0 0 1500330 1500330 71231113 34280699 36950414 3890299 3054164 836135 6884713 1662235 5222478 44509357 HEDGE FUND 17190806 F SPLIT-INTEREST AGREEMENTS 2529132 F 19719938 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 435718 435718 26450793 6529597 59677 6589274 19861519 140876 5926491 6067367 25928886 18456654 59677 59677 18396977 140876 5926491 6067367 24464344 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUND IS TO SUPPORT THE CURRENT AND FUTURE OPERATIONS OF THE SCHOOL THROUGH THE DISBURSEMENT TO THE SCHOOL'S OPERATING FUND OF A PORTION OF THE ENDOWMENT'S INTEREST, DIVIDENDS, AND REALIZED AND UNREALIZED CAPITAL GAINS. THE LEVEL OF THOSE DISBURSEMENTS, KNOWN AS THE "SPENDING RATE", FROM THE ENDOWMENT TO THE OPERATING FUND IS DETERMINED BY THE BOARD OF TRUSTEES. ALL ENDOWMENT RETURNS IN EXCESS OF THOSE DISBURSED TO THE OPERATING FUND ARE REINVESTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE ON FORM 990 59,677. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,451,641. UNCOLLECTABLE PLEDGES 474,850. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE ON FORM 990 59,677. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,451,641. UNCOLLECTABLE PLEDGES 474,850. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CANTERBURY SCHOOL ADVERTISES ITS POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, RELIGION, NATIONAL ORIGIN, GENDER OR SEXUAL ORIENTATION ON ITS WEBSITE HOMEPAGE. SCHEDULE E, PART I, LINE 6 DURING FISCAL YEAR ENDED JUNE 30, 2021 THE SCHOOL RECEIVED A GRANT FROM THE EMERGENCY ASSISTANCE TO NON-PUBLIC SCHOOLS PROGRAM (EANS) ESTABLISHED BY THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT, 2021, (CRRSA ACT), A PAYCHECK PROTECTION PROGRAM (PPP) LOAN GRANTED BY THE SMALL BUSINESS ADMINISTRATION AND AN EMPLOYEE RETENTION CREDIT (ERC) ESTABLISHED BY THE CARES ACT. 1 FINANCIAL AID FOR TUITION 183 5451641 0 PART I, LINE 2: FINANCIAL AID IS PROVIDED THROUGH A REDUCTION OF THE TUITION CHARGES AND IS AWARDED ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. X X X 1 1 X X X 0 1 0 0 0 0 0 0 0 RACHEL STONE HEAD OF SCHOOL/TREASURER 290847 0 0 0 0 0 20000 0 156885 0 467732 0 0 0 MATTHEW MULHERN DIRECTOR OF ADMISSION 128726 0 0 0 0 0 0 0 101634 0 230360 0 0 0 STEPHEN CARLETON BUSINESS MANAGER 176690 0 0 0 0 0 0 0 47500 0 224190 0 0 0 PETER COTIER ASSOC HEAD OF SCHOOL/ASST 140345 0 0 0 0 0 0 0 83761 0 224106 0 0 0 RICHARD HENDERSON CHIEF ADVANCEMENT OFFICER 173929 0 0 0 0 0 0 0 29930 0 203859 0 0 0 JOHN MOYLAN DIRECTOR OF FACILITIES 121500 0 0 0 0 0 0 0 29118 0 150618 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. CERTAIN OTHER HIGHLY COMPENSATED EMPLOYEES ARE ALSO PROVIDED ON CAMPUS HOUSING. THE VALUE OF THE HOUSING IS REPORTED AS NONTAXABLE IN SCHEDULE J, PART II, COLUMN (D). CLEANING SERVICES PROVIDED FOR THE HEAD OF SCHOOL RESIDENCE USED FOR SCHOOL BUSINESS PURPOSES IS NOT TREATED AS TAXABLE INCOME, BUT PERSONAL CLEANING SERVICES WERE TREATED AS TAXABLE. THE HEAD OF SCHOOL WAS ALSO PROVIDED SOCIAL CLUB INITIATION FEES AND DUES. THE CLUB WAS USED SOLELY FOR SCHOOL BUSINESS PURPOSES IN FISCAL YEAR ENDED JUNE 30, 2021. DUES WERE NOT TREATED AS TAXABLE INCOME, BUT INITIATION FEES WERE DEEMED TAXABLE. A CHEFA 060806186 2020-01-30 19122000 PRIMARILY REFINANCING OF SERIES C AND D BOND ISSUANCES ALONG W/ NEW PROJECTS 0 0 0 A 19122000 142475 1918320 17061205 2020 1 0 1 1 A 0 1 0 0 0.00000 0.00750 0.00750 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 JAMES STONE SPOUSE OF HEAD OF SCHOOL 118549 EMPLOYMENT 0 X 11 209567 FMV 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF SHARES DONATED. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES ROBERT STEERS AND LAUREN STEERS ARE MARRIED AND HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B AGENDAS ARE KEPT AS A RECORD OF THE COMMITTEES' ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY TAX ADVISORS OF AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THERE IS A SUBSET OF THE AUDIT COMMITTEE INCLUDING THE CHAIR OF THE AUDIT COMMITTEE, THE VICE PRESIDENT OF THE BOARD AND AN ADDITIONAL TRUSTEE, THAT REVIEWS AND APPROVES THE FORM 990. THE FORM 990 IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST QUESTIONNAIRES ARE CIRCULATED TO THE TRUSTEES ANNUALLY AND MAINTAINED BY THE HEAD OF SCHOOL'S ASSISTANT. EMPLOYEES ARE BOUND BY A CONFLICT OF INTEREST POLICY INCLUDED IN THE EMPLOYEE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL WAS ORIGINALLY SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WITH INPUT FROM AN OUTSIDE PLACEMENT CONSULTANT, COMPARABLE DATA FROM OTHER SCHOOLS OF SIMILAR SIZE AND A SURVEY OF MARKET CONDITIONS. THE BOARD OF TRUSTEES COMPENSATION COMMITTEE REVIEWS CURRENT DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND OTHER INFORMATION AND ADJUSTS THE HEAD OF SCHOOL'S COMPENSATION PACKAGE ANNUALLY. THE COMPENSATION DELIBERATIONS AND DECISIONS 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. CHARITABLE REMAINDER TRUSTS (6) SPLIT INTEREST AGREEMENTS CT CANTERBURY SCHOOL T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0