2022-02-17T16:38:56-06:00 2021-06-30 EISNER ADVISORY GROUP LLC 111 WOOD AVE SO STE 600 ISELIN NJ 088302700 990 2020-07-01 221487233 Kent Place School % GENEVIEVE MADIGAN KENT 9082730900 42 NORWOOD AVENUE SUMMIT NJ 07901 GENEVIEVE MADIGAN CFOO 9082730900 2022-03-15 true GENEVIEVE MADIGAN XXX-XX-XXXX DOUGLAS TAPP P00200641 7322437000 2022-03-15 2 2020 2022-09-23 18:48:47Z GENEVIEVE MADIGAN 42 NORWOOD AVENUE SUMMIT NJ 07901 40040798 false X www.kentplace.org X 1894 NJ SEE SCHEDULE O 28 26 322 50 0 5865616 4919244 29361096 29827186 1057945 915396 256389 -4278 36541046 35657548 3425297 3697016 0 0 19832186 21612188 0 0 1541530 9375598 10551907 32633081 35861111 3907965 -203563 72015575 74166254 11330102 10359534 60685473 63806720 X For over 125 years, Kent Place School has empowered girls to be confident, intellectual, and ethical leaders who advance the world. false false 24587542 3697016 29827186 Our Kent Place curriculum and programs are rich in opportunities for students to develop ethical decision-making, critical thinking, and problem-solving skills. We promote integrity, initiative, and inclusion throughout all of the schooling years. Our students take on increasingly profound leadership opportunities that foster collaboration and self-awareness while also cultivating compassion and empathy. We believe that the lessons and values encouraged by our multi-talented faculty prepare each student to be an active contributor to the larger world beyond Kent Place. Kent Place is home to a wide array of curricular and cocurricular activities, as well as our signature programs such as the Girls' Leadership Institute, now entering its 26th year of empowering girls to discover their full leadership potential, and our renowned Ethics Institute, which promotes the process and practice of ethical decision-making in primary and secondary school communities. Kent Place also offers a traditional summer day camp, afterschool programs, and enrichment classes. 24587542 true true false false false false false false false true true false false false false true true false true false false false false false false false false false true true true false false false false false false false false false false true false false false false false false false false true 84 0 true 322 true false false false false false false false false false false false false X 28 26 false false false false false false false true true false false true true true true true true true true false X GENEVIEVE MADIGAN 9082730900 42 NORWOOD AVENUE SUMMIT NJ 07902 X Jennifer C Galambos Head of School 40.0 0.0 X X 377494 0 131294 Genevieve Madigan Chief Financial Officer 40.0 0.0 X 230746 0 15770 Julia Morgan Asst. Head of School for Teach 40.0 0.0 X 187331 0 55393 Karen Rezach Director of the Ethics Inst. 40.0 0.0 X 195259 0 36668 Coral Brooks Director of Advancement 40.0 0.0 X 183147 0 39919 Jennifer Simpson Director of College Advising 40.0 0.0 X 188021 0 26861 Julia Wall Hd of Sch for Enrollment & str 40.0 0.0 X 178573 0 17142 Lori Mirabal Trustee 2.0 0.0 X 91442 0 7898 G Alex Crispo President, Board of Trustees 2.0 0.0 X X 0 0 0 Jennifer T Grogan Vice Pres., Board of Trustees 2.0 0.0 X X 0 0 0 Olga A Naumovich Vice Pres., Board of Trustees 2.0 0.0 X X 0 0 0 David B Wyshner Treasurer, Board of Trustees 2.0 0.0 X X 0 0 0 Mark Miller Secretary, Board of Trustees 2.0 0.0 X X 0 0 0 KC Artemenko Trustee 2.0 0.0 X 0 0 0 Maria Brugg Trustee 2.0 0.0 X 0 0 0 Todd C Builione Trustee 2.0 0.0 X 0 0 0 Kelly Daab Trustee 2.0 0.0 X 0 0 0 Kate DeOssie Trustee 2.0 0.0 X 0 0 0 Patricia L Fagin Trustee 2.0 0.0 X 0 0 0 Rahul Goyal Trustee 2.0 0.0 X 0 0 0 Anne Grissinger Trustee 2.0 0.0 X 0 0 0 Shane Harris Trustee 2.0 0.0 X 0 0 0 Lawrence D Johnson II Trustee 2.0 0.0 X 0 0 0 Katherine Lynch Trustee 2.0 0.0 X 0 0 0 Katie Machir Trustee 2.0 0.0 X 0 0 0 John Markels Trustee 2.0 0.0 X 0 0 0 Susanne Mulligan Trustee 2.0 0.0 X 0 0 0 Arjun N Murti Trustee 2.0 0.0 X 0 0 0 Nancy W Reynolds Trustee 2.0 0.0 X 0 0 0 Nicole T Rusas TRUSTEE 2.0 0.0 X 0 0 0 Lori A Sher TRUSTEE 2.0 0.0 X 0 0 0 Douglas B Sieg TRUSTEE 2.0 0.0 X 0 0 0 Nancy H Van Duyne TRUSTEE 2.0 0.0 X 0 0 0 Boris V Vuchic Trustee 2.0 0.0 X 0 0 0 1632013 0 330945 38 false true false AVI FOODSYSTEMS INC 2590 ELM ROAD NE WARREN OH 44483 FOOD SERVICE 554101 Stafford Plumbling Heating 1051 Commerce Avenue Union COMMERCE AVENUE UNION NJ 07083 Plumbing/Heating 133285 John O'Hara Company Inc 25 Kearney Street EAST ORANGE NJ 07017 CONSTRUCTION 704452 Finsbury LLC 3 Columbus Circle 9th Floor NEW YORK NY 10019 Public Relations 112204 Generation Branding and Communicati 1 Hudson City Center Suite 203 HUDSON NY 12534 Graphic Design 117974 7 1937000 2982244 123841 4919244 TUITION AND FEES 611600 29250869 29250869 AUXILIARY SERVICES 611600 576317 576317 29827186 559039 559039 0 0 0 0 0 4617192 4260835 356357 356357 356357 0 0 0 0 0 0 101416 122415 -20999 -20999 MISCELLANEOUS REVENUE 900099 16721 16721 16721 35657548 29822908 915396 0 3697016 3697016 0 0 2094809 871822 966983 256004 0 14723490 10665382 3340870 717238 1049500 764571 247883 37046 2549241 1106881 1299030 143330 1195148 823842 304164 67142 0 205179 205179 47690 47690 0 0 87921 87921 267202 167467 67572 32163 95108 8595 86513 2004500 370950 1443830 189720 974247 681357 243064 49826 0 1393072 1163808 229264 28076 12905 8648 6523 0 175323 88971 80347 6005 136160 136160 0 2453552 2129585 323967 266184 234552 31632 TEMPORARY EMPLOYMENT EXPENSE 27551 23546 4005 EDUCATIONAL PROGRAM 1129469 986741 109421 33307 DINNING HALL 677978 677978 STUDENT TRANSPORTATION 97009 97009 485686 14564 467896 3226 35861111 24587542 9732039 1541530 X 5297421 4499114 0 0 3082324 2150884 116273 480756 0 0 0 0 0 0 218616 161334 1299403 1736174 68080164 25310125 44665319 42770039 16242308 20494900 1093911 1873053 0 0 0 0 0 0 72015575 74166254 2040058 2864538 0 0 2715502 3494810 4178363 4000186 0 0 0 0 0 0 2396179 0 0 0 11330102 10359534 X 39915747 40459985 20769726 23346735 60685473 63806720 72015575 74166254 -203563 3324810 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19368498 413746 4131437 445246 363990 0 23104445 18781126 1282290 -11550 426011 257357 0 19368498 20422370 211628 713949 419541 2147280 0 18781126 20485277 1299099 1115219 448800 886723 0 21564072 19048511 1356218 1685527 467521 1137458 0 20485277 0.20000 0.64000 0.16000 true false 0 368323 368323 0 40821331 12601720 28219611 0 17538889 7119960 10418929 0 8280980 5307203 2973777 0 1070641 281242 789399 42770039 0 0 X 29230551 -3574601 -3574601 32805152 2852396 2852396 35657548 32198589 122415 122415 32076174 3784937 3784937 35861111 PART XI, Line 4B INVESTMENT INCOME - $559,039 REALIZED GAIN ON INVESTMENTS - $356,357 GAIN ON FORGIVENESS OF PPP LOAN - $1,937,000 TOTAL - $2,852,396 PART XI, LIne 2d COST OF GOOD SOLD - $122,415 FINANCIAL AID - $(3,697,016) TOTAL - $(3,574,601) PART XII, LINE 4B FINANCIAL AID - $3,697,016 INVESTMENT MANAGEMENT FEES - $87,921 TOTAL - $3,784,937 PART XII, LINE 2D COST OF GOODS SOLD - $122,415 TOTAL - $122,415 SCHEDULE D, PART X, LINE 2 THE SCHOOL HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE (THE "IRS") AS AN ORGANIZATION DESCRIBED UNDER 501(c)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(a) OF THE CODE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AS OF JUNE 30, 2021 AND 2020, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX-RELATED INTEREST AND PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2021 AND 2020. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT SUPPORTS STUDENT FINANCIAL AID AND OTHER EDUCATIONAL PURPOSES SUCH AS PROFESSIONAL DEVELOPMENT FOR FACULTY AND STAFF. SCHEDULE D, PART V, LINE 1A The beginning of year balance of endowment funds in column (c) differs from the end of year balance in column (d) due to implementation of the accounting standards update in fiscal year 2019, which restated the presentation of unrestricted board designated funds. true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3: A statement of policy is published on the school's website and in the legal advertisement section of local newspapers. true FINANCIAL AID 130 3697016 PART III, Line 1 FINANCIAL AID IS PROVIDED TO STUDENTS IN NEED IN ACCORDANCE WITH AN APPLICATION PROCESS. X X true true X X X X X X false false false false false false false false false Jennifer C Galambos Head of School 377494 33875 97419 508788 Genevieve Madigan Chief Financial Officer 230746 12999 2771 246516 Coral Brooks Director of Advancement 183147 10886 29033 223066 Julia Morgan Asst. Head of School for Teach 187331 26207 29186 242724 Karen Rezach Director of the Ethics Inst. 195259 26950 9718 231927 Jennifer Simpson Director of College Advising 188021 25566 1295 214882 Julia Wall Hd of Sch for Enrollment & str 178573 16064 1078 195715 PART II, COLUMN D NON-TAXABLE BENEFITS FOR INDIVIDUALS LISTED INCLUDE MEDICAL, DISBILITY AND PENSION BENEFITS PAID BY THE SCHOOL. NON-TAXABLE BENEFITS ALSO INCLUDE A HOUSING ALLOWANCE FOR THE HEAD OF SCHOOL. A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 000000000 2013-10-04 5022087 REFINANCING BANK LOAN & RENOVATION false false false A 855420 0 5022087 0 0 0 106000 0 0 1090000 3826087 0 2016 false false true true A false false false false 0 false false false true A false true false false 0 false 0 false A true X 20 123841 Fair Market Value false true true PART I, Line 32b THE SCHOOL UTILIZES AN OUTSIDE BROKER TO FACILITATE THE SALE OF DONATED STOCKS. FORM 990, PART VI, SECTION B, Line 11 FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. THE FORM IS MADE AVAILABLE TO BOARD MEMBERS FOR 7 DAYS PRIOR TO FILING. FORM 990, PART VI, SECTION B, Line 12 THE HEAD OF SCHOOL MAINTAINS THE STATEMENTS OF CONFLICTS OF INTEREST. THE STATEMENTS ARE SIGNED ANNUALLY AND THE Committee on Trusteeship CHAIR FOLLOWS UP ON COMPLIANCE. NON-COMPLIANCE IS BROUGHT TO THE ATTENTION OF THE BOARD PRESIDENT FOR FURTHER FOLLOW-UP. FORM 990, PART VI, SECTION B, Line 15 THE COMPENSATION COMMITTEE, CONSISTING OF BOARD OF TRUSTEE MEMBERS, REVIEWS THE PERFORMANCE OF THE HEAD OF SCHOOL AND COMPARES COMPENSATION TO ITS PEERS BASED ON SURVEYS PERFORMED BY SCHOOL ASSOCIATIONS and independent compensation consultant. THE COMMITTEE REVIEWS THE KEY DATA AND PROVIDES A RECOMMENDATION TO THE PRESIDENT OF THE BOARD OF TRUSTEES. For key employees, the head of school determines compensation based on an annual performance review and periodically compares compensation to that of their peers based on surveys performed by school associations. FORM 990, PART VI, SECTION C, Line 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED SUBJECT TO WRITTEN REQUEST AND UPON APPROVAL BY THE BOARD OF TRUSTEES OR THEIR APPOINTED DESIGNEE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PART I, LINE 1 THE ONLY NONSECTARIAN GIRLS' DAY SCHOOL IN NJ, KENT PLACE SCHOOL PROVIDES A RIGOROUS AND FULFILLING EDUCATION FOR 600+ STUDENTS IN KINDERGARTEN THROUGH GRADE 12 WITH A COED PRESCHOOL.