2020-05-01T11:02:06-05:00 2019-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2018-07-01 530196507 THE HOLTON-ARMS SCHOOL HOLT 3013655300 7303 RIVER ROAD BETHESDA MD 20817 SUSANNA A JONES HEAD OF SCHOOL 3013655300 2020-04-09 1 LAURA J KENNEY P00202198 6177170831 2020-04-09 64.251.63.131 2020-04-09 15:39:48 ED P B49528270D5C596423F272EFB472E66EFBF6AFC8 3C3F3A9A6A2C4A7FAF67B2138946307825C80BAE 2018 2021-01-29 14:40:06Z SUSANNA A JONES 7303 RIVER ROAD BETHESDA MD 20817 54201585 0 X WWW.HOLTON-ARMS.EDU X 1964 MD A PRIVATE EDUCATIONAL INSTITUTION FOR GIRLS IN GRADES THREE THROUGH TWELVE. 23 23 602 250 0 0 3599082 3345375 31192783 32559398 3260193 3108311 564211 609513 38616269 39622597 3999612 3777063 0 0 21426529 21746120 0 0 1744658 11629867 12818164 37056008 38341347 1560261 1281250 108773793 107704045 36136123 34592368 72637670 73111677 THE MISSION OF THE HOLTON-ARMS SCHOOL IS TO CULTIVATE THE UNIQUE POTENTIAL OF YOUNG WOMEN THROUGH THE "EDUCATION NOT ONLY OF THE MIND, BUT OF THE SOUL AND SPIRIT". 0 0 29526729 3777063 32603356 FOUNDED IN 1901, HOLTON-ARMS IS A COLLEGE-PREPARATORY SCHOOL FOR GIRLS GRADES 3-12. THE SCHOOL PROVIDES RIGOROUS AND DYNAMIC PROGRAMS IN THE TRADITIONAL ACADEMIC AREAS, THE FINE AND PERFORMING ARTS, AND ATHLETICS. THE SCHOOL IS ACCREDITED BY: MIDDLE STATES ASSOCIATION OF COLLEGES & SCHOOLS; ASSOCIATION OF INDEPENDENT MARYLAND SCHOOLS; AND LICENSED IN THE STATE OF MARYLAND. 29526729 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 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 39 0 1 602 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X JANICE DEMARE-EXECUTIVE ASSISTANT TO THE HEAD OF SCHOOL 3013656007 7303 RIVER ROAD BETHESDA MA 20817 CLAUDIA MISPIRETA HINSCH CHAIR 10.00 X X 0 0 0 MARY WALLACK PRESIDENT 10.00 X X 0 0 0 LORI S LARSON TREASURER 3.00 X X 0 0 0 ADRENA IFILL BLAGBURN SECRETARY 3.00 X X 0 0 0 SHARLENE PETRY AMITAY TRUSTEE 3.00 X 0 0 0 LESLIE ARMITAGE TRUSTEE 3.00 X 0 0 0 CATHY BUTZ TRUSTEE 3.00 X 0 0 0 CAROL CALOMIRIS-EDMUNDS TRUSTEE 3.00 X 0 0 0 ANTHONY CAPUANO TRUSTEE 3.00 X 0 0 0 MARTHA L DIPPELL TRUSTEE 3.00 X 0 0 0 RAUL FERNANDEZ JR TRUSTEE 3.00 X 0 0 0 SANDRA ENGLE GICHNER TRUSTEE 3.00 X 0 0 0 ANNA-LIZA HARRIS TRUSTEE 3.00 X 0 0 0 KEVIN JACOBS TRUSTEE 3.00 X 0 0 0 ANNE KEISER TRUSTEE 3.00 X 0 0 0 SASSAN KIMIAVI TRUSTEE 3.00 X 0 0 0 JOHN KLICK TRUSTEE 3.00 X 0 0 0 NICOLE Y LAMB-HALE TRUSTEE 3.00 X 0 0 0 ERIC MOCKLER TRUSTEE 3.00 X 0 0 0 MARK ORDAN TRUSTEE 3.00 X 0 0 0 DAVID POLLIN TRUSTEE 3.00 X 0 0 0 CYNTHIA STROMAN TRUSTEE 3.00 X 0 0 0 LEWIS WIENER TRUSTEE 3.00 X 0 0 0 SUSANNA A JONES HEAD OF SCHOOL 40.00 X 498707 0 165221 TRACEY L FUDGE DIRECTOR OF FINANCE & OPERATIONS 40.00 X 260536 0 33677 SHARRON K RODGERS DIRECTOR OF ENROLLMENT 40.00 X 176236 0 39325 CHRISTOPHER LYNCH DIRECTOR OF UPPER SCHOOL 40.00 X 162670 0 71604 MICHAEL P JOYCE DIRECTOR OF FACILITIES 40.00 X 158954 0 24597 NICHOLE FOSTER-HINDS DIRECTOR OF MIDDLE SCHOOL 40.00 X 149852 0 28008 JULIE E TREADWELL DIRECTOR OF ATHLETICS 40.00 X 145059 0 74301 1552014 0 436733 23 0 1 0 HSU CONTRACTING LLC 507 N FREDERICK AVENUE GAITHERSBURG MD 20877 RENOVATIONS 4771145 MERIWETHER GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 DINING AND CAMPUS CATERING 1102102 BRAVO FACILITY SERVICES 29 KING GEORGE ROAD GREEN BROOK NJ 08812 JANITORIAL/CLEANING SERVICES 428354 APEX COMPANIES PO BOX 1443 BALTIMORE MD 21203 FACILITY SERVICES 232629 COUGHLIN BUS COMPANY 7961 QUEENAIR DRIVE GAITHERSBURG MD 20879 TRANSPORTATION SERVICES 228905 13 3345375 438237 3345375 EDUCATIONAL PROGRAM 900099 32144152 32144152 STUDENT SUPPORT SERVICE 900099 415246 415246 32559398 1827197 1827197 353669 0 353669 353669 353669 15641170 14360056 1281114 1281114 1281114 216761 67308 149453 149453 214057 151624 62433 62433 OTHER INCOME 900099 43958 43958 43958 39622597 32603356 0 3673866 3777063 3777063 868882 57083 754716 57083 16662423 13486318 2231141 944964 1200053 930041 201609 68403 1762208 1409072 255453 97683 1252554 970729 210429 71396 190414 190414 339670 339670 69331 69331 132971 132971 418704 418704 363537 281741 61074 20722 237441 237441 2456768 1903995 412737 140036 365454 342874 5439 17141 846302 846302 2188041 1695732 367591 124718 337413 337413 STUDENT SUPPORT 1321733 1321733 SP PROGRAMS & CREATIVE 904500 904500 ACADEMIC PROGRAMS 667798 667798 STUDENT ACTIVITIES 352388 352388 1625699 1188221 234966 202512 38341347 29526729 7069960 1744658 3769 3780 10234642 7898065 3355214 3441910 72813 198696 25 45937 45729 1074343 1142619 83119755 43530397 36135425 39589358 39436550 39895528 18239284 15282972 175791 205388 108773793 107704045 2783420 2819487 12031265 10644195 20378495 20053060 942943 1075626 36136123 34592368 X 58239066 57363036 3859302 3775579 10539302 11973062 72637670 73111677 108773793 107704045 1281250 -807243 0 X 0 1 X 1 0 X 2752105 3892822 4148375 3599082 3345375 17737759 2752105 3892822 4148375 3599082 3345375 17737759 1647327 16090432 1158774 1440828 1436809 1660634 2180866 7877911 249956 154593 184185 117223 149453 855410 26471080 148717295 0.60780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45451415 1256762 2110184 55212 3222809 45540340 43048140 2548027 2721181 54518 2811416 45451414 39053482 1638436 5172601 43025 2773354 43048140 40953799 2270623 -1400219 42158 2728563 39053482 42537775 101588 685715 41680 2329599 40953799 0.71000 0.21000 0.08000 0 0 4780313 4780313 70949310 37567126 33382184 3263688 2513346 750342 4126444 3449925 676519 39589358 15282972 F 15282972 FUNDS HELD FOR OTHERS 870238 DEFERRED COMPENSATION 205388 1075626 X 35124252 -807243 218932 -588311 35712563 132971 3777063 3910034 39622597 34650245 218932 218932 34431313 132971 3777063 3910034 38341347 PART X, LINE 2: THE SCHOOL IS A NONPROFIT ORGANIZATION GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. HOWEVER, THE SCHOOL IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME AS DEFINED BY THE INTERNAL REVENUE SERVICE. THE SCHOOL MAY RECOGNIZE A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 151,624. AUCTION EXPENSES 67,308. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION REVENUE 3,777,063. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 151,624. FUNDRAISING EVENT EXPENSES, NET W/FUNDS RAISED FOR F/S 67,308. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION REVENUE 3,777,063. PART V, LINE 4: THE BOARD OF TRUSTEES SETS THE ANNUAL SPENDING POLICY FOR THE ENDOWMENT AND RESERVES TO BALANCE THE GOALS OF PROVIDING SUPPORT FOR CURRENT OPERATIONS AND MAINTAINING LONG-TERM ASSETS FOR THE FUTURE NEEDS OF THE SCHOOL. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE RACIAL NONDISCRIMINATION POLICY IS PUBLICIZED THROUGH PRINTED MATERIALS, PERIODIC ADVERTISEMENTS AND THROUGH THE ORGANIZATION'S WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES GLOBAL EDUCATION - BELIZE 336 SOUTH AMERICA 0 0 PROGRAM SERVICES GLOBAL EDUCATION - PERU 70230 SOUTH ASIA 0 0 PROGRAM SERVICES GLOBAL EDUCATION - INDIA 64990 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES LANGUAGE IMMERSION - FRANCE 26519 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES GLOBAL EDUCATION - CHINA 56653 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 11339579 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES GLOBAL EDUCATION - ITALY 318 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES LANGUAGE IMMERSION - SPAIN 24418 0 0 0 0 0 0 11583043 0 11583043 0 0 1 0 0 0 AUCTION 216761 216761 67308 216761 216761 67308 67308 149453 1 FINANCIAL AID 139 3777063 SCHOLARSHIP 3 25000 RECIPROCAL TUITION REMISSION 12 257856 ADDITIONAL FINANCIAL AID SUPPORT 139 152628 PART 1, LINE 2: THE SCHOOL AWARDS FINANCIAL AID BASED ON THE DECISIONS OF THE SCHOOL'S FINANCIAL AID COMMITTEE WHICH USES AN INDEPENDENT THIRD PARTY TO ESTABLISH THE NEED OF THE RECIPIENTS. GRANT SUPPORT: THE ALUMNAE SCHOLARSHIP OF $15,000 IS AWARDED TO AN 11TH GRADE STUDENT BASED ON AN APPLICATION PROCESS. THE ACWORTH SCHOLARSHIPS SUPPORT 2 STUDENTS WITH $5,000 ANNUAL AWARDS EACH BASED ON FINANCIAL NEED AND OTHER CRITERIA ESTABLISHED BY THE ACWORTH FOUNDATION. RECIPROCAL TUITION REMISSION - THE SCHOOL HAS A RECIPROCAL AGREEMENT WITH ANOTHER PRIVATE EDUCATIONAL INSTITUTION. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 SUSANNA A JONES HEAD OF SCHOOL 443180 0 37527 0 18000 0 67340 0 97881 0 663928 0 0 0 TRACEY L FUDGE DIRECTOR OF FINANCE & OPERATIONS 260536 0 0 0 0 0 21078 0 12599 0 294213 0 0 0 SHARRON K RODGERS DIRECTOR OF ENROLLMENT 176236 0 0 0 0 0 18203 0 21122 0 215561 0 0 0 CHRISTOPHER LYNCH DIRECTOR OF UPPER SCHOOL 162670 0 0 0 0 0 14616 0 56988 0 234274 0 0 0 MICHAEL P JOYCE DIRECTOR OF FACILITIES 158954 0 0 0 0 0 12980 0 11617 0 183551 0 0 0 NICHOLE FOSTER-HINDS DIRECTOR OF MIDDLE SCHOOL 149852 0 0 0 0 0 12180 0 15828 0 177860 0 0 0 JULIE E TREADWELL DIRECTOR OF ATHLETICS 145059 0 0 0 0 0 11849 0 62452 0 219360 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVED ON-CAMPUS HOUSING AND CLEANING SERVICES. THE DIRECTOR OF ATHLETICS AND DIRECTOR OF UPPER SCHOOL RECEIVED ON-CAMPUS HOUSING. THESE WERE TREATED AS NON-TAXABLE. PART I, LINE 4B THE SCHOOL PROVIDES THE HEAD OF SCHOOL WITH A NONQUALIFIED DEFERRED COMPENSATION PLAN. THE PLAN HAS A SUBSTANTIAL RISK OF FORFEITURE. A ECONOMIC DEVELOPMENT REVENUE BONDS (HOLTON-ARMS SCHOOL PROJECT) SERIES 526000980 NONEAVAIL 2015-06-17 21352201 TO RETIRE 2002 SERIES BOND & PROVIDE FINANCING FOR SCHOOL CAPITAL PROJECTS 0 0 0 A 960000 21352201 3000000 18352201 2015 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 31 438237 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE AMOUNT OF GIFTS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THEN PRESENTED FOR REVIEW AND APPROVAL TO THE FULL BOARD OF TRUSTEES WITH A REDACTED SCHEDULE B, SCHEDULE OF CONTRIBUTORS, PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEE ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ACCORDING TO THE SCHOOL'S POLICY AND SIGN THE CONFLICT OF INTEREST DISCLOSURE AT THE FIRST BOARD MEETING OF THE YEAR. THE DIRECTOR OF FINANCE AND CHAIR OF THE FINANCE COMMITTEE REVIEW THE DISCLOSURES AND MONITOR THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES USES A NUMBER OF METRICS AND ANALYSES, INCLUDING INFORMATION FROM COMPARABLE SCHOOLS, TO SET THE TOTAL COMPENSATION PACKAGE FOR THE HEAD OF SCHOOL. SCHOOL ADMINISTRATOR COMPENSATION IS COMPARED TO BENCHMARK INFORMATION FROM COMPARABLE SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.