2022-05-12T15:56:17-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2020-07-01 061229222 KING SCHOOL INC KING 2033223496 1450 NEWFIELD AVENUE STAMFORD CT 06905 STEPHEN SCHAFER CHIEF FIN. & OPERATIONS OFFICER 2033223496 2022-05-12 1 STEPHEN SCHAFER 999009999 NICOLE LEE P01307175 8605614000 2022-05-11 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEPHEN SCHAFER 1450 NEWFIELD AVENUE STAMFORD CT 06905 59089475 0 X WWW.KINGSCHOOLCT.ORG X 1988 CT KING SCHOOL, INC. IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL SERVING THE STAMFORD, CT AREA. 26 26 317 110 0 0 5735196 4229021 30893983 32444093 487848 373287 305680 262531 37422707 37308932 3925343 4251470 0 0 19952037 21397801 0 0 1033913 10277941 11090250 34155321 36739521 3267386 569411 85798562 114064346 17291704 37908383 68506858 76155963 X KING IS DEDICATED TO PREPARING ITS STUDENTS TO THRIVE IN A RAPIDLY CHANGING WORLD. WE PROVIDE AN EXCELLENT, PROGRESSIVE EDUCATION, GROUNDED IN THE TRADITIONAL DISCIPLINES OF THE ARTS AND SCIENCES, COMMITTED TO THE NURTURING OF INDIVIDUAL POTENTIAL, AND DESIGNED TO PROMOTE CRITICAL THINKING AND REASONED REFLECTION. USING RICH AND INNOVATIVE METHODS, OUR TEACHERS FACILITATE EACH STUDENT'S FULLEST ACADEMIC AND PERSONAL ACHIEVEMENT. WE CHAMPION THE DEVELOPMENT OF CHARACTER, SELF-CONFIDENCE, AND TALENT THROUGH CHALLENGING INTELLECTUAL, CREATIVE, ATHLETIC, LEADERSHIP, AND SERVICE OPPORTUNITIES. KING BELIEVES THAT INDIVIDUAL ACCOMPLISHMENT MUST GO HAND IN HAND WITH RESPECT FOR OTHERS. OUR CULTURE OF RESPECT FOSTERS COLLABORATION AS WELL AS INDEPENDENCE. WE EMBRACE HUMAN AND CULTURAL DIVERSITY. WE VALUE RESPONSIBLE CITIZENSHIP. KING GRADUATES ARE EQUIPPED TO SUCCEED IN COLLEGE AND TO PURSUE LIVES OF ONGOING INQUIRY, LEARNING, ACCOMPLISHMENT, PERSONAL FULFILLMENT AND SOCIAL RESPONSIBILITY. 0 0 29160770 4251470 32444093 PROVIDED COLLEGE PREPARATORY EDUCATION FOR APPROXIMATELY 700 CHILDREN AGES PRE-SCHOOL THROUGH GRADE 12. EDUCATIONAL PROGRAMS INCLUDE BOTH TRADITIONAL ACADEMIC YEAR AS WELL AS SUMMER PROGRAMS. 29160770 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 1 0 0 0 1 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 59 0 1 317 1 0 0 0 0 0 1 0 0 0 0 0 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X STEPHEN SCHAFER KING SCHOOL INC 2033223496 1450 NEWFIELD AVENUE STAMFORD CT 06905 KAREN ESHOO HEAD OF SCHOOL (UNTIL 06/21) 40.00 X 471480 0 158203 KIMBERLY LEEKER ASSOC. HEAD OF FINANCE (UNTIL 12/20) 40.00 X 366075 0 70864 LAUREN FREDETTE DIRECTOR OF DEVELOPMENT 40.00 X 168421 0 79579 MARNIE SADLOWSKI ASSOC. HEAD/HEAD OF UPPER 40.00 X 207098 0 40496 MICAH HAUBEN DEAN OF ATHLETICS 40.00 X 162433 0 78030 JANINE NEWMAN DIRECTOR OF ADMISSION 40.00 X 176116 0 36612 REBECCA RABASSA CHAIR OF COUNSELING DEPT. 40.00 X 172537 0 6811 STEPHEN SCHAFER CFOO (AS OF 12/20) 40.00 X 0 0 0 THOMAS KING BOARD CHAIR 25.00 X X 0 0 0 DOUGLAS PERLMAN VICE CHAIR 5.00 X X 0 0 0 DANIEL OZIZMIR SECOND VICE CHAIR 5.00 X X 0 0 0 ROBERT HOLTZ TREASURER 5.00 X X 0 0 0 CARMEN FAILLA SECRETARY 5.00 X X 0 0 0 THOMAS J CONHEENEY FIRST AT LARGE 2.00 X 0 0 0 MI-SUN FREEMAN SECOND AT LARGE 2.00 X 0 0 0 ERIC GERSTER THIRD AT LARGE 2.00 X 0 0 0 MATTHEW ALLARD TRUSTEE 2.00 X 0 0 0 NANCY ARMSTRONG TRUSTEE 2.00 X 0 0 0 MATTHEW BARLOW TRUSTEE 2.00 X 0 0 0 KYLE CLARK TRUSTEE 2.00 X 0 0 0 JESSICA DEMMO TRUSTEE 2.00 X 0 0 0 ELLA COHEN TRUSTEE 2.00 X 0 0 0 STACEY GAINE TRUSTEE 2.00 X 0 0 0 NANCY HEATON TRUSTEE 2.00 X 0 0 0 GREG JANSEN TRUSTEE 2.00 X 0 0 0 MIRIAM KAGGWA-MWENDA TRUSTEE 2.00 X 0 0 0 LYNN KING TRUSTEE 2.00 X 0 0 0 OKTAY KURBANOV TRUSTEE 2.00 X 0 0 0 WENDY O'CONNOR TRUSTEE 2.00 X 0 0 0 TODD RAKER TRUSTEE 2.00 X 0 0 0 PETER RESNICK TRUSTEE 2.00 X 0 0 0 GOD-IS RIVERA TRUSTEE 2.00 X 0 0 0 RACHELLE NORA SPIELVOGEL TRUSTEE 2.00 X 0 0 0 LORENZO WYATT TRUSTEE 2.00 X 0 0 0 CLAUDE AMADEO TRUSTEE (UNTIL 12/20) 2.00 X 0 0 0 1724160 0 470595 47 0 1 0 CLARK COMPANIES PO BOX 427 DELHI NY 13753 CONSTRUCTION 3720785 SODEXO INC & AFFILIATES PO BOX 81049 WOBURN MA 018131049 FACILITIES MAINTENANCE 1272694 FLIK INDEPENDENT SCHOOLS BY CHARTWELL PO BOX 9337 CHICAGO IL 606931337 FOOD SERVICES 714039 JACKSON LEWIS PC 75 PARK PLAZA BOSTON MA 02216 LEGAL SERVICES 245557 HI-LINK COMPUTER CORP 60 LONG RIDGE ROAD STAMFORD CT 06902 TECHNOLOGY SERVICES 211375 12 141634 629260 3458127 1117798 4229021 TUITION & PROGRAM FEES 611600 32444093 32444093 32444093 376198 376198 18000 0 18000 18000 18000 21765959 21768870 -2911 -2911 -2911 11272 141634 11673 -401 -401 PARENT ASSOCIATION INCOME 611600 244932 244932 244932 37308932 32444093 0 635818 4251470 4251470 1309642 1309642 14987195 12892970 1653405 440820 739777 654081 63224 22472 3337709 2512705 747567 77437 1023478 836139 156175 31164 284573 284573 136625 136625 169000 169000 524969 76798 448171 657270 354944 103018 199308 681683 681683 2552107 2041685 502368 8054 15789 12631 3158 148912 52119 96793 2904445 2614001 290444 412008 144203 267805 EDUCATIONAL & LIBRARY 1537182 1537182 OTHER EXPENSES 574756 207620 213749 153387 ATHLETIC SUPPLIES 237166 237166 SERVICE CONTRACTS 152494 53373 99121 101271 101271 36739521 29160770 6544838 1033913 4791910 3218123 9877541 10493682 2270404 2077023 102792 20610995 748557 656962 67489317 32605887 33751024 34883430 26233252 32451375 7016127 8519903 1006955 1152853 85798562 114064346 3885138 4041543 6413570 27263844 6534996 6154996 458000 448000 17291704 37908383 X 58813407 68554341 9693451 7601622 68506858 76155963 85798562 114064346 569411 7079694 0 X 0 1 X 1 0 X 2959762 4529384 4403959 5735196 4229021 21857322 2959762 4529384 4403959 5735196 4229021 21857322 2509689 19347633 496149 695876 903937 531422 394198 3021582 122844 249400 317241 265030 244932 1199447 26078351 149097608 0.74190 0.73290 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: NET INCOME FROM FUNDRAISING EVENTS PARENT ASSOCIATION DUES AND OTHER INCOME OTHER RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 30308340 4968779 7249529 103392 261086 77 42162093 28868784 1917478 135060 4556 608398 28 30308340 27003130 1452937 962693 549896 80 28868784 24937693 1206271 1351484 492218 100 27003130 20712508 1722640 2686301 183356 400 24937693 0.85852 0.09874 0.04274 0 0 220000 220000 60062659 26904362 33158297 7139277 5701525 1437752 67381 67381 34883430 ALTERNATIVE INVESTMENTS 8519903 C 8519903 39103052 7079694 11673 7091367 32011685 168999 5128248 5297247 37308932 31453947 11673 11673 31442274 168999 5128248 5297247 36739521 PART V, LINE 4: THE INTENTION OF THE SCHOLARSHIP ENDOWMENT IS TO PROVIDE NEED-BASED SCHOLARSHIPS TO ELIGIBLE STUDENTS IN A SUSTAINABLE MANNER. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 11,673. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION 876,778. SCHOLARSHIPS ($4,228,051) AND GRANTS IN AID ($23,419) 4,251,470. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 11,673. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION 876,778. SCHOLARSHIPS ($4,228,051) AND GRANTS IN AID ($23,419) 4,251,470. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ONCE A YEAR, IN CONJUNCTION WITH OTHER AREA INDEPENDENT SCHOOLS, THE SCHOOL PLACES AN ADVERTISEMENT IN THE NEW YORK TIMES LISTING THE NON-DISCRIMINATORY POLICY. IN ADDITION, THE POLICY IS CLEARLY STATED IN ALL ADMISSION MATERIALS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIEVED $629,260 FROM THE EMERGENCY ASSISTANCE TO NON-PUBLIC SCHOOLS PROGRAM (EANS) ESTABLISHED BY THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT, 2021 (CRRSA ACT). CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 7123454 0 0 0 0 0 0 7123454 0 7123454 1 0 1 0 0 0 PART III ACCOUNTING METHOD: VIRTUAL GALA 152906 141634 11272 200 11072 401 152906 141634 11272 200 11072 401 11673 -401 1 FINANCIAL ACCESS AND SCHOLARSHIPS 125 4228051 FUNDS TO SUPPORT FACULTY PROFESSIONAL GROWTH & DEVELOPMENT 2 23419 PART I, LINE 2: FINANCIAL ACCESS IS AVAILABLE FOR QUALIFIED STUDENTS ON THE BASIS OF NEED DETERMINED BY SCHOOL AND STUDENT SERVICES (SSS) GUIDELINES WHICH PROVIDE A FINANCIAL ACCESS NEED ANALYSIS BASED ON CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED ON AN OBJECTIVE AND NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. X 1 1 X X X X 0 0 0 0 0 0 0 1 1 0 KAREN ESHOO HEAD OF SCHOOL (UNTIL 06/21) 427483 0 43031 0 966 0 30396 0 127807 0 629683 0 0 0 KIMBERLY LEEKER ASSOC. HEAD OF FINANCE (UNTIL 12/20) 363531 0 0 0 2544 0 28543 0 42321 0 436939 0 0 0 LAUREN FREDETTE DIRECTOR OF DEVELOPMENT 168204 0 0 0 217 0 8478 0 71101 0 248000 0 0 0 MARNIE SADLOWSKI ASSOC. HEAD/HEAD OF UPPER 206649 0 0 0 449 0 18972 0 21524 0 247594 0 0 0 MICAH HAUBEN DEAN OF ATHLETICS 162294 0 0 0 139 0 8240 0 69790 0 240463 0 0 0 JANINE NEWMAN DIRECTOR OF ADMISSION 175959 0 0 0 157 0 9010 0 27602 0 212728 0 0 0 REBECCA RABASSA CHAIR OF COUNSELING DEPT. 172432 0 0 0 105 0 5873 0 938 0 179348 0 0 0 PART I, LINE 1A KAREN ESHOO IS PROVIDED WITH ON-CAMPUS HOUSING. THIS HOUSING IS REQUIRED BY THE NATURE OF THE POSITION AND IS A CONDITION OF EMPLOYMENT AND IS TREATED AS A NONTAXABLE BENEFIT. PART I, LINE 7 BONUSES ARE AWARDED BASED ON THE ACHIEVEMENT OF SPECIFIC PERFORMANCE GOALS. PART I, LINE 8 KAREN ESHOO IS IN YEAR 3 OF HER INITIAL 3 YEAR CONTRACT WITH THE SCHOOL. A CHEFA 060806186 2013-04-30 9100000 REFINANCING SERIES A BOND ISSUE 0 0 0 A 2885000 9100000 99056 9000944 2003 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CHEFA DATE THE REBATE COMPUTATION WAS PERFORMED: 02/15/2021 PART II, LINE 11 OTHER SPENT PROCEEDS RELATES TO REFINANCING OF PRIOR BOND X 28 1117798 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN PART I COLUMN (B) REPRESENTS THE NUMBER OF STOCK GIFTS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL ACT ON BEHALF OF THE BOARD ONLY IN UNUSUAL AND PRESSING CIRCUMSTANCES, AS DETERMINED IN THE DISCRETION OF THE CHAIR. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE THOMAS KING AND TRUSTEE LYNN KING ARE SPOUSES. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE AND EXECUTIVE COMMITTEE REVIEW THE ENTIRE 990. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND OFFICERS ARE OBLIGATED TO SIGN A CONFLICT OF INTEREST STATEMENT. POTENTIAL CONFLICTS MUST BE REPORTED TO THE CHAIR OF THE TRUSTEESHIP COMMITTEE OF THE BOARD OF TRUSTEES. MEMBERS OF THE TRUSTEESHIP COMMITTEE WILL BE DESIGNATED BY THE CHAIR OF THE TRUSTEESHIP COMMITTEE TO INVESTIGATE POTENTIAL CONFLICT SITUATIONS OF BOTH INTEREST AND COMMITMENT AND, IF APPROPRIATE, PROVIDE RECOMMENDATIONS FOR CORRECTIVE ACTION. RECOMMENDATIONS ARE TO BE BROUGHT FORWARD BY THE CHAIR OF THE TRUSTEESHIP COMMITTEE TO THE CHAIR OF THE BOARD OF TRUSTEES AND HEAD OF SCHOOL AS HE OR SHE DEEMS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, ACCORDING TO THE PHILOSOPHY AND PROCESS OUTLINED IN THE COMPENSATION PHILOSOPHY. COMPETITIVE COMPENSATION DATA FROM SEVERAL SOURCES, EXPERIENCE AND A PERFORMANCE APPRAISAL ARE UTILIZED IN THE COMPENSATION DETERMINATION AND DOCUMENTATION. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION FOR KEY EMPLOYEES AND SENIOR ADMINISTRATORS UTILIZING THE OVERALL SALARY INCREASE POOL APPROVED BY THE BOARD OF TRUSTEES AS A BASE. IN ADDITION, COMPETITIVE SALARY DATA, EXPERIENCE AND A PERFORMANCE APPRAISAL ARE UTILIZED FOR DETERMINING COMPENSATION AS WELL AS DOCUMENTATION. IN ADDITION, THE CFOO AND THE HEAD OF SCHOOL REVIEW COMPARABLE DATA AND DISCUSS PERFORMANCE OF ALL KEY EMPLOYEES. TAKING THIS DATA INTO CONSIDERATION, THE HEAD OF SCHOOL WILL THEN DETERMINE THE COMPENSATION FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS ARE MADE AVAILABLE BY REQUESTS AT MANAGEMENT'S DISCRETION.