2022-05-13T11:30:25-05:00 2021-06-30 390758449 WIPFLI LLP 30 LONG CREEK DRIVE SOUTH PORTLAND ME 041062437 990 2020-07-01 010211532 KENTS HILL SCHOOL KENT 2076854914 PO BOX 257 KENTS HILL ME 043490257 ANDREW MAY CFO 2076854914 2022-05-11 1 ANDREW MAY 999009999 NICK CROSMAN P01498238 2077745701 2022-05-11 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANDREW MAY PO BOX 257 KENTS HILL ME 043490257 16406308 0 X WWW.KENTSHILL.ORG X 1824 ME THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT. 17 16 136 17 -35143 0 891875 3138541 11328370 8575472 413008 3005928 -299271 -108761 12333982 14611180 4321190 3482195 0 0 6008428 4931573 0 0 290283 5260755 5831638 15590373 14245406 -3256391 365774 53732644 57192936 16278307 15679450 37454337 41513486 X THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT IN ORDER TO: 1) PREPARE THEM FOR THE CHALLENGES AND OPPORTUNITIES OF HIGHER EDUCATION; 2) HELP THEM LEARN TO LOVE AND RESPECT THEMSELVES AND THEIR FELLOW STUDENTS, AND TO CARE FOR THOSE IN LESS FORTUNATE CIRCUMSTANCES; 3) TEACH THEM TO BE RESPONSIBLE STEWARDS OF OUR NATURAL HERITAGE; 4) REMIND THEM THAT ONE PERSON OF PRINCIPLE CAN ALWAYS MAKE A DIFFERENCE. 0 0 3482195 3482195 SCHOLARSHIPS AND OTHER FINANCIAL AID BASED ON NEED AND MERIT BASED. 6008960 8482107 PRIVATE SECONDARY SCHOOL UTILIZED BY APPROXIMATELY 220 BOARDING AND DAY STUDENTS. 9491155 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 45 0 1 136 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X ANDREW MAY 2076854914 1614 MAIN STREET KENTS HILL ME 04349 THEODORE B ALFOND VICE PRESIDENT 1.00 X X 0 0 0 MARK S ALCAIDE VP & TREASURER 1.00 X X 0 0 0 PATRICIA R HATLER PRESIDENT 1.00 X X 0 0 0 PARKER J BEVERAGE TRUSTEE 1.00 X 0 0 0 TAYLOR BODMAN TRUSTEE 1.00 X 0 0 0 NANCY COLHOUN TRUSTEE 1.00 X 0 0 0 GORDON H FAY TRUSTEE 1.00 X 0 0 0 DEBRA GESIMONDO TRUSTEE 1.00 X 0 0 0 JAMES R HANSEN TRUSTEE 1.00 X 0 0 0 JOSETTE HOLLAND TRUSTEE 1.00 X 0 0 0 JAWAD ISSA TRUSTEE 1.00 X 0 0 0 STEVEN MADISON TRUSTEE 1.00 X 0 0 0 KYLE MCNULTY TRUSTEE 1.00 X 0 0 0 RICHARD O'CONNOR TRUSTEE 1.00 X 0 0 0 DAVID RHODES TRUSTEE 1.00 X 0 0 0 JANET E ROCHE TRUSTEE 1.00 X 0 0 0 CATHERINE EATON COAKLEY TRUSTEE 1.00 X 0 0 0 CHRIS CHENEY HEAD OF SCHOOL 40.00 X 245890 0 33428 ANDREW MAY CFO 40.00 X 142638 0 24722 MEADOW DAVIS ASSOCIATE HEAD OF SCHOOL 40.00 X 144445 0 25909 532973 0 84059 3 0 1 0 SAGE DINING SERVICES INC 1402 YORK RD STE 100 LUTHERVILLE MD 21093 FOOD SERVICES 958883 WINTHRUP FUEL CO INC 111 STATE ROUTE 133 WINTHROP ME 04364 FUEL 215470 WARREN CONSTRUCTION GROUP LLC PO BOX 360 TOPSHAM ME 04086 CONSTRUCTION 212688 GDI SERVICES INC 170 JOHN ROBERTS RD UNIT 5 SOUTH PORTLAND ME 04106 CLEANING SERVICES 117000 4 1069524 2069017 70170 3138541 TUITION & FEES 611600 8559035 8559035 OTHER REVENUE 611600 16437 16437 8575472 -35041 -35041 1650 130158 -128508 -128508 -93365 -35143 4654522 1613553 3040969 3040969 3040969 71164 51417 19747 19747 14611180 8482107 -35143 3025675 2437505 2437505 1044690 1044690 440772 161222 225810 53740 3395811 2176731 1069247 149833 163998 104667 51747 7584 648509 408734 208416 31359 282483 173134 94519 14830 142781 142781 19224 19224 83445 59556 23889 547484 547484 31149 229 29086 1834 442318 442318 1548233 1548233 125170 57031 68139 CONTRACTURAL SERVICES 1095939 1045710 50229 MAINT, SUPPLIES, & EQUI 1002728 951997 43517 7214 OTHER EXPENSES 561752 163016 398736 STUDENT ACTIVITIES 118660 118660 112755 100345 12410 14245406 9491155 4463968 290283 1561214 1110203 92922 40201 33081 15106 36778 24147 101979 223395 52089158 26822943 26190714 25266215 25044754 29783384 671202 730285 53732644 57192936 312200 355794 1232949 1815649 597813 700813 11285378 10663489 2849967 2143705 16278307 15679450 X 27014043 29787574 10440294 11725912 37454337 41513486 53732644 57192936 X 365774 3125077 568298 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25044754 74799 6198179 372214 1094958 67176 29783384 26169172 49500 814418 348611 1574004 65721 25044754 26419142 2421621 406478 2197163 67950 26169172 24760199 98551 2577773 239273 736069 42039 26419142 22947087 78082 3488961 158773 1529814 65344 24760199 0.60199 0.14937 0.24864 1 0 74330 74330 47090027 22623617 24466410 4924801 4199326 725475 25266215 INTEREST RATE SWAPS 1209333 LAIBILITY UNDER UNITRUST AGREEMENT 9372 REFUNDABLE ADVANCE 925000 2143705 15003935 3125077 749873 3874950 11128985 3482195 3482195 14611180 10944786 181575 181575 10763211 3482195 3482195 14245406 PART V, LINE 4: ENDOWMENT IS USED TO SUPPORT FACILITIES, CAPITAL PROJECTS, TO PROVIDE SCHOLARSHIPS, AND TO SUPPORT THE ONGOING OPERATIONS OF THE SCHOOL. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 51,417. RENTAL EXPENSES 130,158. CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 568,298. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,482,195. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 51,417. RENTAL EXPENSES 130,158. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,482,195. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS NEWSPAPER AND BROADCAST MEDIA ADS. SCHEDULE E, PART I, LINE 6 KENTS HILL SCHOOL RECEIVED AN AWARD FROM THE SMALL BUSINESS ADMINISTRATION'S (SBA) PAYCHECK PROTECTION PROGRAM (PPP). 1 0 0 0 0 0 0 0 0 0 STUDENT FINANCIAL AID EUROPE 5 144100 SCHOLARSHIP FMV STUDENT FINANCIAL AID NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 15 729140 SCHOLARSHIP FMV STUDENT FINANCIAL AID EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 4 73250 SCHOLARSHIP FMV STUDENT FINANCIAL AID SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 2 98200 SCHOLARSHIP FMV 0 0 0 0 0 0 PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID AND GRANTS SCHOLARSHIPS TO ELIGIBLE STUDENTS AND MAINTAINS RECORDS AS PART OF THE ENROLLMENT PROCESS. PART III ACCOUNTING METHOD: 1 STUDENT FINANCIAL AID 100 2437505 FMV SCHOLARSHIPS PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID AND GRANTS SCHOLARSHIPS TO ELIGIBLE STUDENTS AND MAINTAINS RECORDS AS PART OF THE ENROLLMENT PROCESS. X 1 1 X X 0 0 0 0 0 0 0 0 0 CHRIS CHENEY HEAD OF SCHOOL 245890 0 0 0 0 0 9725 0 23703 0 279318 0 0 0 MEADOW DAVIS ASSOCIATE HEAD OF SCHOOL 144445 0 0 0 0 0 6250 0 19659 0 170354 0 0 0 ANDREW MAY CFO 142638 0 0 0 0 0 6581 0 18141 0 167360 0 0 0 THEODORE ALFOND VICE PRESIDENT TO ASSIST IN CASH FLOW X 1000000 700813 0 1 0 700813 X 557 FMV DATE OF DONATION X 2 69613 FMV DATE OF DONATION 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED FIRST BY THE CHIEF FINANCIAL OFFICER, CONTROLLER AND THE AUDIT COMMITTEE AND THEN IS AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL PROVIDES TRUSTEES THE CONFLICT OF INTEREST POLICY AT A BOARD MEETING TO COMPLETE AND RETURN ON AN ANNUAL BASIS AND THE SCHOOL REVIEWS FOR ANY QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL'S HEAD OF SCHOOL COMPENSATION WAS DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND THE SCHOOL WILL PROVIDE A COPY OF THE 990 UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 568,298. MAINE WESLEYAN BOARD OF EDUCATION 39A PLEASANT ST TOPSHAM ME 04086 237275366 TRUST ME KENTS HILL SCHOOL T 32526 1119503 1.00000 1 WILLIAM FARWELL TRUST 127 PUBLIC SQAURE CLEVELAND OH 44114 016010161 TRUST OH KENTS HILL SCHOOL T 36818 1081823 0.66660 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 MAINE WESLEYAN BOARD OF EDUCATION S 32526 BOOKS WILLIAM FARWELL TRUST S 36818 BOOKS