2022-03-21T09:55:00-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2020-07-01 060646805 THE RECTORY SCHOOL INC RECT 8609287759 528 POMFRET STREET POMFRET CT 06258 FREDERICK W WILLIAMS HEAD OF SCHOOL 8609287759 2022-03-21 1 FREDERICK WILLIAMS 999009999 JOHN TOSCANO P00358542 8605614000 2022-03-21 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z FREDERICK W WILLIAMS 528 POMFRET STREET POMFRET CT 06258 19087700 0 X WWW.RECTORYSCHOOL.ORG X 1935 CT TO PROVIDE STUDENTS, FROM EARLY CHILDHOOD THROUGH MIDDLE SCHOOL, WITH AN ENRICHED AND SUPPORTIVE ACADEMIC, SOCIAL AND ETHICAL COMMUNITY THAT ADDRESSES INDIVIDUAL LEARNING STYLES, APTITUDES AND NEEDS WHILE PROMOTING PERSONAL SELF-WORTH AND ACCOUNTABILITY. 22 22 149 0 0 0 1607410 3225068 14755084 14192644 26936 1024165 292253 495877 16681683 18937754 2669936 2320839 0 0 9184646 9183473 0 0 588206 5141012 5703313 16995594 17207625 -313911 1730129 42844286 48042903 12365240 11882257 30479046 36160646 X TO PROVIDE STUDENTS, FROM EARLY CHILDHOOD THROUGH MIDDLE SCHOOL, WITH AN ENRICHED AND SUPPORTIVE ACADEMIC, SOCIAL AND ETHICAL COMMUNITY THAT ADDRESSES INDIVIDUAL LEARNING STYLES, APTITUDES AND NEEDS WHILE PROMOTING PERSONAL SELF-WORTH AND ACCOUNTABILITY. THE SCHOOL COMMUNITY LIVES THE RECTORY SCHOOL CREED: RESPONSIBILITY, RESPECT, HONESTY, AND COMPASSION. 0 0 12707049 2320839 14632625 PROVIDE CO-EDUCATIONAL SERVICES AND SUPPORT TO APPROXIMATELY 242 STUDENTS IN GRADES 5 THROUGH 9 IN AN INDEPENDENT BOARDING AND DAY SCHOOL SETTING. 12707049 1 1 0 0 0 0 0 0 0 1 1 0 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 0 0 0 0 1 38 0 1 149 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X TONYA RAYMENT 8609286025 528 POMFRET STREET POMFRET CT 06258 FREDERICK W WILLIAMS HEAD OF SCHOOL 50.00 X 261349 0 96025 TONYA RAYMENT CHIEF FINANCIAL OFFICER 50.00 X 146468 0 23930 FRED NAGLE DIRECTOR OF DEVELOPMENT 40.00 X 129609 0 24074 LISA HART DIRECTOR OF ACADEMICS 40.00 X 128620 0 4434 GLEN AMES ASSISTANT HEAD OF SCHOOL/DIRECTOR OF MIDDLE SCHOOL 40.00 X 109947 0 60176 LESLEY GIBBS DIRECTOR OF ADMISSIONS 40.00 X 104210 0 39029 JAMES H LEACH TREASURER 1.00 X X 0 0 0 WILLIAM T LOOS VICE CHAIR 1.00 X 0 0 0 JO ANN MORELLI SURIANO CHAIR 1.00 X X 0 0 0 ELIZABETH H ZIMMERMANN SECRETARY 1.00 X 0 0 0 JAMES E BELL TRUSTEE 1.00 X 0 0 0 LISA T CANTER MD TRUSTEE 1.00 X 0 0 0 SHEILA J CLANCY TRUSTEE 1.00 X 0 0 0 DANIEL J DE NUCCIO TRUSTEE 1.00 X 0 0 0 HENRY B EATON TRUSTEE 1.00 X 0 0 0 NATHAN FOLLANSBEE TRUSTEE 1.00 X 0 0 0 LAURENCE N HALE II TRUSTEE 1.00 X 0 0 0 NATHANIEL P HAMILTON JR TRUSTEE 1.00 X 0 0 0 KEVIN T LEWIS TRUSTEE 1.00 X 0 0 0 WILLIAM P LOFTUS III TRUSTEE 1.00 X 0 0 0 PATRICIA MULCAHY TRUSTEE 1.00 X 0 0 0 LLOYD W MONTGOMERY III TRUSTEE 1.00 X 0 0 0 DANIELLE RIELLY TRUSTEE 1.00 X 0 0 0 NATASHA HARVEY SWANN TRUSTEE 1.00 X 0 0 0 XIN TANG TRUSTEE 1.00 X 0 0 0 KEVIN M TUBRIDY TRUSTEE 1.00 X 0 0 0 JOHNNY L L WELLS TRUSTEE 1.00 X 0 0 0 VAN H WILSHIRE TRUSTEE 1.00 X 0 0 0 880203 0 247668 6 0 1 0 FLIK INDEPENDENT SCHOOL DINING PO BOX 417632 BOSTON MA 02241 DINING SERVICES 601142 KARL NORTON ARCHITECT LLC 25 LEDGEBROOK DR MANSFIELD CT 06250 ARCHITECT 166630 MICHAEL W WOLCHEEKY BUILDER PO BOX 79 70 COONEY RD POMFRET CENTER CT 06259 CONSTRUCTION 112810 3 1589500 1635568 71553 3225068 TUITION AND FEES 611710 13809776 13809776 AUXILIARY PROGRAMS 611710 382868 382868 14192644 518047 518047 640000 2000 135882 0 504118 2000 506118 506118 18237 14064 4173 4173 FEES, DEPOSITS AND OTHER INCOME 611710 491704 435808 55896 491704 18937754 14632625 0 1080061 2320839 2320839 449792 27897 338207 83688 86375 86375 5882873 4676966 985396 220511 299015 225416 60068 13531 2028785 1664751 317401 46633 436633 331767 82352 22514 28338 28338 45000 45000 95012 95012 195352 83968 103042 8342 48692 48692 150599 4659 133254 12686 253982 215885 38097 868440 738174 86844 43422 15516 10538 4393 585 209040 188136 20904 1036360 932724 103636 137568 137568 BAD DEBTS 1214755 1214755 FOOD SERVICE 639505 639505 SPECIAL EVENTS AND ACTI 242643 201439 4887 36317 EDUCATIONAL SUPPLIES AN 184963 184963 337548 259422 64524 13602 17207625 12707049 3912370 588206 4737315 5182614 1167642 1168695 303521 197648 9501 121433 18428 19695 61972 204188 36310920 19466863 17389194 16844057 19156713 24304573 42844286 48042903 745511 1126600 3622698 4509749 5928813 5737372 2068218 508536 12365240 11882257 X 15816912 18224493 14662134 17936153 30479046 36160646 42844286 48042903 X 1730129 3904645 46826 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19038712 129364 4829498 681807 23315767 19327420 65884 310408 665000 19038712 16789965 2672561 364894 500000 19327420 14497991 1743785 1056189 508000 16789965 12961359 453507 1558125 475000 14497991 0.28300 0.71700 0.00000 0 0 31792687 16215957 15576730 2272916 1898267 374649 2245317 1352639 892678 16844057 CUSTODIAL LIABILITIES 454717 INTEREST RATE SWAP AGREEMENT 53819 508536 20487438 3904645 105390 4010035 16477403 95012 2365339 2460351 18937754 14805838 14064 14064 14791774 95012 2320839 2415851 17207625 PART V, LINE 4: EARNINGS FROM THE SCHOOL'S ENDOWMENT FUNDS ARE UTILIZED TO SATISFY DONOR RESTRICTIONS ON THE USE OF THE EARNINGS, IF ANY, AND TO SUPPORT THE SCHOOL'S OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 14,064. CHANGE IN VALUE OF INTEREST RATE SWAP 91,326. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,320,839. PROVISION FOR UNCOLLECTIBLE PLEDGES 44,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 14,064. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,320,839. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 STATEMENT OF NON-DISCRIMINATORY POLICY IS PUBLISHED IN LOCAL AND REGIONAL NEWSPAPERS AS WELL AS ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 ON APRIL 10, 2020, THE SCHOOL RECEIVED A PAYCHECK PROTECTION PROGRAM LOAN FOR WHICH IT RECEIVED FULL FORGIVENESS DURING THE FISCAL YEAR ENDED JUNE 30, 2021. THE SCHOOL DOES NOT OTHERWISE RECEIVE GOVERMENT FINANCIAL ASSISTANCE. 1 FINANCIAL AID 80 2320839 FMV FINANCIAL AID PART I, LINE 2: FINANCIAL AID IS GRANTED TO FAMILIES ON A NEED BASIS. APPLICATION FORMS MUST BE FILED WITH THE SCHOOL SCHOLARSHIP SERVICE OF PRINCETON, NEW JERSEY. X X X 1 0 X X X X 0 0 0 0 0 0 0 1 0 FREDERICK W WILLIAMS HEAD OF SCHOOL 241967 0 18000 0 1382 0 8641 0 87384 0 357374 0 0 0 TONYA RAYMENT CHIEF FINANCIAL OFFICER 141900 0 4150 0 418 0 5001 0 18929 0 170398 0 0 0 FRED NAGLE DIRECTOR OF DEVELOPMENT 128573 0 650 0 386 0 4647 0 19427 0 153683 0 0 0 GLEN AMES ASSISTANT HEAD OF SCHOOL/DIRECTOR OF 108460 0 650 0 837 0 3776 0 56400 0 170123 0 0 0 PART I, LINE 1A THE HEAD AND HEAD'S FAMILY MUST RESIDE IN THE HEAD OF SCHOOL'S RESIDENCE IN ORDER FOR THE HEAD TO EFFECTIVELY PERFORM PRESCRIBED DUTIES, INCLUDING, BUT NOT LIMITED TO, PROVIDING STUDENTS AND TEACHERS OFF HOURS WITH ACCESS TO LOCKED BUILDINGS AND OTHER CAMPUS VENUES WHEN NECESSARY, PROVIDING CAMPUS OVERSIGHT DURING EVENINGS AND WEEKENDS AND VACATIONS, AND PROVIDING COVENIENT ADMINISTRATIVE PRESENCE AT SCHOOL EVENTS. THE HEAD'S OCCUPATION OF THIS RESIDENCE IS A CONDITION OF HIS EMPLOYMENT BY THE SCHOOL AND IS FOR THE CONVENIENCE OF THE SCHOOL. AS A REPRESENTATIVE OF THE SCHOOL, THE HEAD USES SAID HOUSE FOR MEETINGS OF DONORS, STUDENTS, TEACHERS, STAFF MEMBERS, ALUMNI, VISITING TEACHERS, SCHOLARS, TRUSTEES, AND SPEAKERS, AND FOR SUCH OTHER SCHOOL FUNCTIONS AND AFFAIRS AS SHALL BE APPROPRIATE FOR THE BEST INTEREST AND DEVELOPMENT OF THE SCHOOL. PART I, LINE 7 EMPLOYEES ARE ELIGIBLE FOR DISCRETIONNARY BONUSES BASED ON CERTAIN PERFORMANCE MEASURES. THE HEAD OF SCHOOL'S BONUS IS DETERMINED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. ALL OTHER EMPLOYEE BONUSES ARE DETERMINED AND APPROVED BY THE HEAD OF SCHOOL. A STATE OF CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2012-01-05 7500000 REFUNDING OF SERIES A BONDS ISSUED NOV 2000 AND FOR BUILDINGS AND STRUCTURE 0 0 0 A 1611670 7500000 150000 7350000 1 0 1 1 A 0 0 0 0 1 1 RBS CITIZENS NA 10.000000000000 0 0 0 0 1 A 0 MARCIA WILLIAMS SPOUSE OF HEAD OF SCHOOL 86375 COMPENSATION FOR EMPLOYMENT AS ASSOCIATE DIRECTOR OF DEVELOPMENT 0 X 9 66003 FAIR VALUE X SCHEMATIC DESIGN LAYOUTS, PLANS, AND PRELIMINARY ELEVATION STUDIES FOR 1 5550 FAIR VALUE 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE PRIOR TO BEING PRESENTED TO THE FULL BOARD FOR ITS REVIEW AND APPROVAL. THE APPROPRIATE OFFICER OF THE SCHOOL IS INFORMED OF THE APPROVAL AND THE FORM IS FILED ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C THE IDENTIFICATION AND SUCCESSFUL RESOLUTION OF CONFLICTS AND POTENTIAL CONFLICTS DEPENDS ON COMPLETE AND TIMELY DISCLOSURE. DISCLOSURE WILL OCCUR THROUGH AN ANNUAL WRITTEN STATEMENT AND THE NOTIFICATION TO THE BOARD CHAIR OF OTHER ACTUAL OR POTENTIAL CONFLICTS, AS THEY ARISE. ALL FINANCIAL AND MATERIAL FACTS RELATING TO POTENTIAL CONFLICT OF INTERESTS SHALL BE DISCLOSED. ANNUALLY, EACH BOARD AND COMMITTEE MEMBER SHALL SIGN AND FILE A DISCLOSURE STATEMENT THAT SHALL BE KEPT WITH THE RECORDS OF THE BOARD. PRIOR TO APPOINTMENT, ALL FUTURE BOARD AND COMMITTEE MEMBERS SHALL DO LIKEWISE. SIGNING OF A DISCLOSURE STATEMENT ACKNOWLEDGES THAT A PERSON HAS RECEIVED, READ AND UNDERSTANDS, AND COMPLIES WITH THE POLICY AS IT RELATES TO MEMBERSHIP ON AND ACTIONS OF THE BOARD AND COMMITTEES. DISCLOSURE STATEMENTS SHALL BE REVIEWED BY THE EXECUTIVE COMMITTEE WHICH SHALL RECOMMEND ACTION BY THE BOARD, IF NECESSARY. WHENEVER A POTENTIAL CONFLICT ARISES THAT HAS NOT BEEN IDENTIFIED ON A DISCLOSURE FORM, IT SHALL BE DISCLOSED TO THE CHAIR OF TO THE EXECUTIVE COMMITTEE IN A TIMELY FASHION, AND MADE A PART OF THE RECORD OF THE BOARD. WHENEVER NECESSARY, THE BOARD SHALL TAKE APPROPRIATE ACTION WITH RESPECT TO PERSONS WHO ARE IN VIOLATION OF THIS POLICY. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER OF THE BOARD OR A COMMITTEE HAS FAILED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS, EITHER IN WRITING OR, AT A LATER DATE, TO THE CHAIR, IT SHALL INFORM THE PERSON OF ITS BELIEF AND AFFORD THE PERSON AN OPPORTUNITY TO PROVIDE AN EXPLANATION. IF, AFTER HEARING THE EXPLANATION OF THE PERSON AND MAKING FURTHER INVESTIGATION DEEMED NECESSARY UNDER THE CIRCUMSTANCES, IT IS DECIDED THAT THE PERSON FAILED TO DISCLOSE IN A PROPER FASHION THE ACTUAL OR POTENTIAL CONFLICT, THE BOARD SHALL TAKE APPROPRIATE CORRECTIVE OR DISCIPLINARY ACTION. THE BOARD, THROUGH ITS EXECUTIVE COMMITTEE, SHALL UNDERTAKE PERIODIC REVIEWS TO DETERMINE COMPLIANCE WITH THIS POLICY. IT SHALL REPORT ITS FINDINGS TO THE FULL BOARD AND INCLUDE RECOMMENDATIONS FOR REVISION, WHERE NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL'S EXECUTIVE COMMITTEE REVIEWS THE SALARY AND BENEFITS OF THE HEAD OF SCHOOL IN COMPARISON TO THE SALARIES OF THE HEADS OF SCHOOLS OF SIMILAR SIZE. THE HEAD OF SCHOOL'S CONTRACT IS PRESENTED TO THE BOARD FOR OVERALL APPROVAL. THE HEAD OF SCHOOL AND THE EXECUTIVE COMMITTEE REVIEW THE SALARY OF THE CHIEF FINANCIAL OFFICER IN COMPARISON TO THE SALARIES OF INDIVIDUALS IN SIMILAR POSITIONS AT PEER SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR UNCOLLECTIBLE PLEDGES -44,500. CHANGE IN VALUE OF SWAP AGREEMENT 91,326. FORM 990 PART XII LINE 2C: THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.