2022-04-19T10:57:37-05:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2020-07-01 131658789 THE HEWITT SCHOOL HEWI 2122881919 45 EAST 75TH STREET NEW YORK NY 10021 DOUGLAS ODOM CHIEF FINANCIAL OFFICER 2122881919 2022-03-11 1 DOUGLAS ODOM 999009999 GARRETT M HIGGINS P00543209 9143818900 2022-03-11 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z TARA CHRISTIE KINSEY 45 EAST 75TH STREET NEW YORK NY 10021 40760278 0 X WWW.HEWITTSCHOOL.ORG X 1950 NY THE MISSION OF THE SCHOOL IS TO INSPIRE GIRLS AND YOUNG WOMEN TO BECOME GAME CHANGERS AND ETHICAL LEADERS WHO FORGE AN EQUITABLE, SUSTAINABLE AND JOYOUS FUTURE. 21 20 191 150 0 0 2153609 5583031 28101687 27238688 1095124 1078827 117537 75526 31467957 33976072 4172453 5451323 0 0 19166420 18167356 87591 0 1689647 8372936 7819358 31799400 31438037 -331443 2538035 69629459 78957035 30543307 34769474 39086152 44187561 THE MISSION OF THE SCHOOL IS TO INSPIRE GIRLS AND YOUNG WOMEN TO BECOME GAME CHANGERS AND ETHICAL LEADERS WHO FORGE AN EQUITABLE, SUSTAINABLE AND JOYOUS FUTURE. 0 0 23866049 5451323 27238688 THE SCHOOL MEETS THE EDUCATIONAL NEEDS OF 490 GIRLS FROM KINDERGARTEN THROUGH 12TH GRADE THROUGH AN EDUCATIONAL CURRICULUM AND AFTER SCHOOL PROGRAMS. GRANTS ARE GIVEN BY THE SCHOOL IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE STUDENTS. 23866049 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 1 0 0 0 1 0 0 0 0 0 0 0 0 1 69 0 191 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X DOUGLAS ODOM 2122881919 45 EAST 75TH STREET NEW YORK NY 10021 SUZANNE BAILLIE CO-CHAIR 1.00 X X 0 0 0 JUAN A SABATER CO-CHAIR 1.00 X X 0 0 0 ROWAN WILSON VICE CHAIR 1.00 X X 0 0 0 WESLEY LEPATNER VICE PRESIDENT 1.00 X X 0 0 0 PATRICK DYSON VICE PRESIDENT (THRU 6/8/21) 1.00 X X 0 0 0 MUFFY FLOURET TREASURER 1.00 X X 0 0 0 JO-ANNE WILLIAMS SECRETARY 1.00 X X 0 0 0 ALEX NORTON SECRETARY (THRU 6/8/21) 1.00 X X 0 0 0 ANN WINSLOW DONELLY TRUSTEE 1.00 X 0 0 0 MARLON BUSTOS TRUSTEE 1.00 X 0 0 0 RABBI JOSHUA DAVIDSON TRUSTEE 1.00 X 0 0 0 LESLIE SILVER GENEEN TRUSTEE 1.00 X 0 0 0 CELESTE GUTH TRUSTEE 1.00 X 0 0 0 JOSIE HOLDFORD TRUSTEE 1.00 X 0 0 0 ALEXANDER JUTKOWITZ TRUSTEE 1.00 X 0 0 0 CHRISTOPHER LESLIE TRUSTEE 1.00 X 0 0 0 WENDY FLINK LEVY TRUSTEE 1.00 X 0 0 0 LAURA GREENE MELTZER TRUSTEE 1.00 X 0 0 0 CANDACE RABINOWITZ TRUSTEE 1.00 X 0 0 0 KATE TYLIS TRUSTEE 1.00 X 0 0 0 ADAORA UDOJI TRUSTEE 1.00 X 0 0 0 MANDY SPEARS VOLPE TRUSTEE 1.00 X 0 0 0 MARCO WILLIAMSON TRUSTEE 1.00 X 0 0 0 TARA CHRISTIE KINSEY HEAD OF SCHOOL 50.00 X 648955 0 237183 DOUGLAS ODOM CHIEF FINANCIAL OFFICER 40.00 X 335191 0 16210 ELIZABETH LIND CHIEF MKTG. & COMMS OFFICER 40.00 X 245832 0 28780 MAUREEN CHALFEN ASST. HOS FOR LEARNING & INNOV. 40.00 X 228574 0 26966 ELIZABETH STEVENS HEAD OF UPPER SCHOOL & ASST. HOS 40.00 X 237471 0 12257 LAURIE HINDLEY DIRECTOR OF ADVANCEMENT 40.00 X 227038 0 26839 LOUIS ULIANO DIR. FACILITIES & OPERATIONS 40.00 X 194324 0 7002 2117385 0 355237 33 0 1 0 HUDSON STUDIO ARCHITECTS LLP 277 BROADWAY SUITE 1201 NEW YORK NY 10007 ARCHITECTURAL SERVICES 160108 SCHULTE ROTH & ZABEL LLP PO BOX 11839 NEWARK NJ 07101 LEGAL SERVICES 108011 2 241461 509251 4832319 1228781 5583031 TUITION AND FEES 611710 27089703 27089703 AFTER SCHOOL PROGRAMS 611710 148985 148985 27238688 358292 358292 7482356 6761821 720535 720535 720535 10300 241461 22385 -12085 -12085 OTHER REVENUE 900099 69971 69971 APPLICATION FEES 611710 17640 17640 87611 33976072 27238688 0 1154353 5451323 5451323 1124300 232392 736980 154928 13947714 10746468 2167431 1033815 1918446 1418701 353476 146269 1176896 859965 224799 92132 97031 97031 61000 61000 103480 103480 301510 35790 265720 46049 31302 14747 328573 180837 115439 32297 464438 270694 168438 25306 663560 579822 71546 12192 8477 6180 1710 587 89476 65225 18050 6201 791644 791644 2054720 1541040 410944 102736 254773 127386 89171 38216 FOOD SERVICES 910831 885105 25726 REPAIRS & MAINTENANCE 331222 248417 66244 16561 BAD DEBT EXPENSE 277349 277349 STUDENT ATHLETICS 267612 267612 767613 671743 82210 13660 31438037 23866049 5882341 1689647 2462844 3016901 671206 3563034 541018 1609316 143763 30274 579222 135845 68366154 19596324 45910432 48769830 19320974 21809936 0 21899 69629459 78957035 1908459 1717269 7492500 7506947 21052488 19900087 0 2551664 89860 3093507 30543307 34769474 X 36822791 39508453 2263361 4679108 39086152 44187561 69629459 78957035 X 2538035 2609894 -46520 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1684108 266863 50000 1900971 1691069 43039 50000 1684108 1675508 65561 50000 1691069 1368887 250000 56621 1675508 1258813 110074 1368887 0.00000 0.67728 0.32272 0 0 8685973 8685973 57399174 17977609 39421565 2183267 1618715 564552 97740 97740 48769830 PAYCHECK PROTECTION PROGRAM LOAN 3093507 3093507 X 31216012 2609894 180849 2790743 28425269 103480 5447323 5550803 33976072 26114603 180849 46520 227369 25887234 103480 5447323 5550803 31438037 PART V, LINE 4: THE OBJECTIVE OF THE SCHOOL IS TO MAINTAIN THE PRINCIPAL ENDOWMENT FUNDS AT THE ORIGINAL AMOUNT DESIGNATED BY THE DONOR. THE INVESTMENT POLICY TO ACHIEVE THIS OBJECTIVE IS TO INVEST IN A BALANCED PORTFOLIO. INVESTMENT RETURNS EARNED IN RELATION TO THE ENDOWMENT FUNDS IS REPORTED AS RESTRICTED INCOME. RESTRICTED FUNDS ARE REDUCED BY THE SPENDING ALLOCATION REPORTED AS TRANSFERRED TO THE CURRENT OPERATING BUDGET. THE BOARD APPROVED A SPENDING AMOUNT OF $50,000 FOR BOTH FISCAL YEARS. PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID INCLUDED ON PART IX, LINE 2 5,447,323. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE OFF OF UNCOLLECTIBLE PLEDGES REPORTED ON PART XI, LINE 9 46,520. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID INCLUDED ON PART IX, LINE 2 5,447,323. 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 ANNUALLY PUBLISHES ITS NONDISCRIMINATION POLICY IN VARIOUS SCHOOL PUBLICATIONS AND ITS WEBSITE IN ACCORDANCE WITH THE GUIDELINES PUBLISHED BY THE INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDING FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR MANDATED SERVICES, SPECIFICALLY FOR ITS DAILY ATTENDANCE REPORTING. VIRTUAL GALA 251761 241461 10300 6450 7875 8060 251761 241461 10300 6450 7875 8060 22385 -12085 1 NEED-BASED FINANCIAL AID 144 5447323 COMMUNITY GRANTS 3 4000 PART I, LINE 2: GRANTS ARE PROVIDED TO ELIGIBLE STUDENTS IN THE FORM OF TUITION REDUCTIONS AND ARE AWARDED BASED ON DEMONSTRATED NEED. RELEVANT INFORMATION IS RETAINED IN EACH STUDENT RECIPIENT'S TUITION FILE. IN ORDER TO ASSIST THE COMMUNITY AFFECTED BY THE SHUTDOWN BROUGHT BY COVID-19, THE SCHOOL PROVIDED GRANTS TO VARIOUS MEMBERS OF THE COMMUNITY. THESE WERE AWARDED BASED ON DEMONSTRATED NEED. THE SCHOOL RETAINED RELEVANT RECORDS OF EACH INDIVIDUAL. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 TARA CHRISTIE KINSEY HEAD OF SCHOOL 629095 0 0 0 19860 0 48550 0 188633 0 886138 0 0 0 DOUGLAS ODOM CHIEF FINANCIAL OFFICER 315139 0 0 0 20052 0 13202 0 3008 0 351401 0 0 0 ELIZABETH LIND CHIEF MKTG. & COMMS OFFICER 245477 0 0 0 355 0 9787 0 18993 0 274612 0 0 0 MAUREEN CHALFEN ASST. HOS FOR LEARNING & INNOV. 228074 0 0 0 500 0 9143 0 17823 0 255540 0 0 0 LAURIE HINDLEY DIRECTOR OF ADVANCEMENT 226824 0 0 0 214 0 9020 0 17819 0 253877 0 0 0 ELIZABETH STEVENS HEAD OF UPPER SCHOOL & ASST. HOS 236962 0 0 0 509 0 9266 0 2991 0 249728 0 0 0 LOUIS ULIANO DIR. FACILITIES & OPERATIONS 193571 0 0 0 753 0 4060 0 2942 0 201326 0 0 0 PART I, LINE 4B TARA CHRISTIE KINSEY, THE HEAD OF SCHOOL, PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE SCHOOL CONTRIBUTED $25,750 TO THE PLAN DURING THE FISCAL YEAR. SCHEDULE J, PART I, LINE 1A: AS A CONDITION OF EMPLOYMENT, TARA CHRISTIE KINSEY, THE HEAD OF SCHOOL, MAINTAINS HER PRINCIPAL RESIDENCE IN A CONDOMINIUM IN CLOSE PROXIMITY TO THE SCHOOL. SHE ALSO RECEIVES A REIMBURSEMENT FOR HEALTH CLUB DUES THAT IS NONTAXABLE TO THE INDIVIDUAL. THE HOUSING REQUIREMENT AND THE PAYMENT OF CLUB DUES ARE PART OF THE EMPLOYMENT CONTRACT OF THE HEAD OF SCHOOL. A BUILD NYC RESOURCE CORPORATION 454040561 2013-06-27 23181900 TO REFINANCE SERIES 2002 BOND 0 0 0 A 2819874 23181900 267356 22776197 138347 2017 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 A 1 124100 FINANCIAL AID TUITION ASSISTANCE X 11 1222331 AVG. SELLING PRICE X AUCTION GOODS 3 6450 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE DRAFT OF THE FORM 990 HAS BEEN PREPARED AND REVIEWED BY MANAGEMENT, THE APPROVED DRAFT OF THE PUBLIC INSPECTION COPY IS PRESENTED TO THE FINANCE COMMITTEE FOR APPROVAL. THE PUBLIC DISCLOSURE COPY IS THEN SENT TO THE BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF TRUSTEES AND OFFICERS ARE REQUIRED TO REVIEW AND SIGN AN ACKNOWLEDGEMENT OF COMPLIANCE WITH THE SCHOOL'S CONFLICT OF INTEREST POLICY, SUBMIT A SIGNED COPY TO THE SECRETARY OF THE SCHOOL, AND REPORT ANY POTENTIAL CONFLICTS TO THE BOARD ON AN ANNUAL BASIS. IF THE AFFECTED INDIVIDUAL IS A VOTING MEMBER OF THE BOARD OF TRUSTEES, SUCH INDIVIDUAL SHALL RECUSE HIMSELF OR HERSELF FROM PARTICIPATING IN SUCH VOTING AND CANNOT BE COUNTED FOR A QUOROM FOR SUCH VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS OUTLINED UNDER AN EMPLOYMENT AGREEMENT THAT IS APPROVED BY THE BOARD OF TRUSTEES. COMPENSATION FOR THE HEAD OF SCHOOL AND CFO IS DETERMINED BY USING COMPARABLE DATA FROM CONSULTING FIRMS, NAIS SURVEY DATA AND THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS. THE APPROVAL IS DOCUMENTED AS PART OF THE ANNUAL BUDGET. THE COMPENSATION REVIEW PROCESS IS PERFORMED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. FORM 990 IS AVAILABLE UPON REQUEST OR BY CALLING THE SCHOOL DIRECTLY. FORM 990, PART XI, LINE 9: WRITE OFF OF UNCOLLECTIBLE PLEDGES -46,520. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.