2020-05-14T13:52:10-05:00 2019-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2018-07-01 060733693 GREENS FARMS ACADEMY INC GREE 2032567543 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 JENNIFER CAMPBELL CHIEF FINANCE & OPERATING OFFICER 2032567543 2020-05-08 1 LAURA J KENNEY P00202198 6177170831 2020-05-07 64.251.63.131 2020-05-08 15:32:46 ED P 9F3B9057DC4C1AB93FF6CCB85D8B21EC61D194BB 9F3B9057DC4C1AB93FF6CCB85D8B21EC61D194BB 2018 2021-01-29 14:40:06Z JENNIFER CAMPBELL 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 42479807 0 X WWW.GFACADEMY.ORG X 1925 CT GFA ENGAGES STUDENTS AS PARTNERS IN AN INNOVATIVE, INCLUSIVE, AND GLOBALLY MINDED COMMUNITY TO PREPARE THEM FOR A LIFE OF PURPOSE. 25 24 357 910 18943 -2689 5335974 4045567 31096565 31608844 5096481 1316327 100076 325266 41629096 37296004 3204537 3545046 0 0 21423227 22891259 0 0 2198427 8767753 8932831 33395517 35369136 8233579 1926868 132726399 136378992 14234248 15805587 118492151 120573405 GFA ENGAGES STUDENTS AS PARTNERS IN AN INNOVATIVE, INCLUSIVE, AND GLOBALLY MINDED COMMUNITY TO PREPARE THEM FOR A LIFE OF PURPOSE. 0 0 29716436 3543446 31450289 AT GFA, WE BELIEVE A PREK-12 EDUCATION CAN BE JOYFUL. WE INVITE OUR STUDENTS TO THINK BIG, QUESTION OFTEN AND STAY GROUNDED IN OUR CORE VALUES OF PASSION, INTEGRITY, EMPATHY, CURIOSITY, AND EXCELLENCE. STUDENTS ARE AT THE CENTER OF EVERYTHING, AS KNOWN AND ENGAGED PARTNERS IN THEIR OWN LEARNING. THEY TAKE PRIDE IN THEIR ACHIEVEMENTS, DEFINE WHAT EXCELLENCE MEANS FOR THEM, AND THEN RISE TO MEET IT. INNOVATION IS NOT A BUZZWORD AT GFA. HERE, THOUGHTFUL PROGRESS TRAVELS ALONGSIDE A LEGACY OF ACADEMIC STRENGTH. GFA PROUDLY HELPS SHAPE MEN AND WOMEN OF CHARACTER WHO WILL LEAVE THEIR MARK ON THE BROADER GLOBAL COMMUNITY. 1184733 5580 HORIZONS AT GFA - HORIZONS AT GFA HELPS UNDERSERVED BRIDGEPORT STUDENTS IN PRE-KINDERGARTEN THROUGH 12TH GRADE IMPROVE THEIR EDUCATIONAL OUTCOMES BY PROVIDING ACADEMIC INSTRUCTION, ENRICHMENT EXPERIENCES, MENTORING, AND EDUCATIONAL GUIDANCE IN A NURTURING COMMUNITY OF DEDICATED PROFESSIONALS. 113726 1600 152975 SUMMER PROGRAMS - THE GFA SUMMER PROGRAM OFFERS INNOVATIVE ACADEMIC COURSES, SUMMER SPORTS FOR YOUNG ATHLETES AND A FUN-FILLED SUMMER CAMP. 31014895 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 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 156 0 1 357 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 X JENNIFER CAMPBELL 2032567543 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 DAVID DURKIN PRESIDENT/CHAIR 4.00 X X 0 0 0 ARLENE HOWARD SECRETARY 4.00 X X 0 0 0 STEPHEN LAWRENCE TREASURER 4.00 X X 0 0 0 SAMANTHA MOONEY VICE PRESIDENT/VICE CHAIR 4.00 X X 0 0 0 HENRY BACKE JR TRUSTEE 2.00 X 0 0 0 VANI BETTEGOWDA TRUSTEE 2.00 X 0 0 0 MICHAEL BLITZER TRUSTEE 2.00 X 0 0 0 ELIZABETH BOOLBOL TRUSTEE 2.00 X 0 0 0 RICHARD CANNING TRUSTEE 2.00 X 0 0 0 CAROLYN COHEN TRUSTEE 2.00 X 0 0 0 STEPHANIE ERCEGOVIC TRUSTEE 2.00 X 0 0 0 ROGER FERRIS TRUSTEE 2.00 X 0 0 0 SANDRA FROST TRUSTEE 2.00 X 0 0 0 DERRICK GAY TRUSTEE 2.00 X 0 0 0 SHELLY GOLDSMITH TRUSTEE 2.00 X 0 0 0 MICHAEL GREENBERG TRUSTEE 2.00 X 0 0 0 WARD HORTON TRUSTEE 2.00 X 0 0 0 LYNN LAUKHUF TRUSTEE 2.00 X 0 0 0 KRISTEN MCDONALD TRUSTEE 2.00 X 0 0 0 THOMAS MURPHY TRUSTEE 2.00 X 0 0 0 KIM RAVEIS TRUSTEE 2.00 X 0 0 0 MICHAEL RINTOUL TRUSTEE 2.00 X 0 0 0 KATE ROTH TRUSTEE 2.00 X 0 0 0 PETER TAUCK TRUSTEE 2.00 X 0 0 0 EMILY VON KOHORN TRUSTEE 2.00 X 0 0 0 ROBERT WHELAN HEAD OF SCHOOL 40.00 0.00 X 292231 0 91436 JENNIFER CAMPBELL CHIEF FINANCE & OPERATIONS 40.00 X 145410 0 31337 JENNIFER KLEIN DIRECTOR OF ADVANCEMENT 40.00 X 190600 0 35345 CHRISTOS KOLOVOS ASSISTANT HEAD OF SCHOOL 40.00 X 179149 0 27084 ANDREW MEYER HEAD OF THE MIDDLE SCHOOL 40.00 X 158914 0 41816 ATTILA AGH DIRECTOR OF SQUASH PROGRAM 40.00 X 173396 0 28471 ANN MILLER ADMISSION DIRECTOR 40.00 X 152007 0 15196 ALEWA COOPER HEAD OF THE LOWER SCHOOL 40.00 X 150113 0 23057 ANDREW JONES HEAD OF THE UPPER SCHOOL 40.00 X 141182 0 41517 TAUNI BUTTERFIELD ATHLETICS DIRECTOR 40.00 X 135046 0 17207 JANET HARTWELL FORMER HEAD OF SCHOOL 40.00 X 266479 0 82515 RUSSELL FRIEDSON FORMER CHIEF FINANCE & OPERATIONS 40.00 X 125892 0 28029 2110419 0 463010 46 1 1 0 A P CONSTRUCTION 707 SUMMER ST STAMFORD CT 06901 CONSTRUCTION 2811599 CHARTWELLS DINING SERVICES PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 671683 ROGER FERRIS PARTNERS LLC 11 WILTON ROAD WESTPORT CT 06880 ARCHITECTURAL SERVICES 335952 DAVID KEITH PAINTING 11 RYEGATE ROAD FAIRFIELD CT 06824 PAINTING 143507 A PAPPAJOHN COMPANY 66 FORT POINT RD NORWALK CT 06851 CONSTRUCTION 128106 12 320182 3725385 311668 4045567 TUITION & FEES 611110 30819606 30819606 STUDENT ACTIVITIES & YEARBOOK 611710 630683 630683 SUMMER SCHOOL TUITION 611110 158555 158555 31608844 824039 824039 119340 21924 97416 97416 97416 5571034 5078746 492288 492288 492288 96900 320182 43055 53845 53845 61365 40078 21287 21287 PARENTS ASSOC. INCOME 900099 84194 84194 OTHER INCOME 900099 49581 49581 VARIOUS FACILITIES USAGE 713940 18943 18943 152718 37296004 31608844 18943 1622650 4500 4500 3540546 3540546 1454375 861482 387869 205024 286053 30000 5000 251053 15439692 13859012 884448 696232 1242316 1124296 67085 50935 3272622 2874611 204135 193876 1196201 1027778 88544 79879 53741 53741 49185 49185 45774 45774 577542 302127 231543 43872 310854 9075 301779 209860 205661 990 3209 244031 244031 1246282 1206185 28684 11413 129182 34852 27589 66741 2994667 2934774 59893 118362 115995 2367 STUDENT ACTIVITIES 874733 874733 DINING ROOM 702588 702588 HORIZONS PROGRAM 401809 401809 ATHLETICS 274797 274797 699424 386043 18967 294414 35369136 31014895 2155814 2198427 110 96 17352683 19290001 2408664 1585810 107764 34328 47547 37304 282756 298770 98943836 27424912 69639145 71518924 32183075 29507042 10704655 14106717 132726399 136378992 3061082 3954672 11173166 11850915 14234248 15805587 X 109359212 112110513 5993382 5293364 3139557 3169528 118492151 120573405 132726399 136378992 X 1926868 468785 -314399 X X 0 1 X 1 0 X 6090389 6667346 5337348 5335974 4045567 27476624 6090389 6667346 5337348 5335974 4045567 27476624 547706 26928918 658402 655084 680609 963772 956322 3914189 120274 167711 222626 84399 139775 734785 32125598 148180112 0.83820 0.84860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARENTS ASSOC INCOME OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38582151 579487 1485198 160910 1205465 45775 39234686 36794974 1963197 2906624 159133 2916310 7201 38582151 40523225 283757 4466056 8458425 19639 36794974 41193806 474398 -807213 149195 176715 11856 40523225 40702817 418010 1223786 1150807 41193806 0.86000 0.08000 0.06000 0 0 5725539 5725539 80571887 23651343 56920544 2938019 1416356 1521663 9708391 2357213 7351178 71518924 GOLDENTREE HIGH YIELD PARTNERS 15195 F POINTER OFFSHORE, LTD 5542126 F AETOS CAPITAL CAYMAN FUND 5002958 F DOLLAR SENIOR LOAN OFFSHORE FUND 3546438 F 14106717 34519230 468785 105057 573842 33945388 45774 3304842 3350616 37296004 32437976 419456 419456 32018520 45774 3304842 3350616 35369136 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE SUPPORT FOR GREENS FARMS ACADEMY AND ITS MISSION OVER THE LONG TERM. IN DETERMINING INVESTMENT AND DRAW POLICIES, THE SCHOOL'S GOAL IS TO ENSURE THAT THE FUTURE GROWTH OF THE ENDOWMENT IS SUFFICIENT TO OFFSET NORMAL INFLATION PLUS REASONABLE SPENDING, THEREBY PRESERVING THE REAL (INFLATION-ADJUSTED) VALUE AND PURCHASING POWER OF THE FUND FOR FUTURE GENERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 43,055. RENTAL EXPENSES 21,924. COST OF GOODS SOLD 40,078. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,304,842. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 43,055. RENTAL EXPENSES 21,924. UNCOLLECTIBLE PLEDGES 314,399. COST OF GOODS SOLD 40,078. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,304,842. 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 SCHOOL PUBLISHES A BROCHURE WHICH INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY. THE SCHOOL ALSO ADVERTISES ITS RACIALLY NONDISCRIMINATORY POLICY IN THE NEW YORK TIMES EACH YEAR. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 11370058 0 0 0 0 0 0 11370058 0 11370058 1 0 1 1 0 0 HORIZONS FALL GALA 417082 320182 96900 21899 1750 19406 1 417082 320182 96900 21899 1750 19406 43055 53845 1 STUDENT FINANCIAL AID 104 3303242 TUITION TRAVEL SCHOLARSHIPS 43939 TRAVEL SCHOLARSHIPS SUPPLEMENTAL STUDENT AID FOR ACADEMIC NEEDS 104 191765 BOOKS, TRANSPORTATION, UNIFORMS, TRIPS, ATHLETICS SUMMER PROGRAM FINANCIAL AID 1 1600 SUMMER PROGRAM TUITION PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS BASED ON NEED AND IS DETERMINED UTILIZING SCHOOL AND STUDENT SERVICES (SSS) GUIDELINES WHICH PROVIDE A FINANCIAL AID NEED ANALYSIS BASED ON CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. ADDITIONAL AID MAY ALSO BE PROVIDED FOR SUPPLEMENTAL NEEDS SUCH AS BOOKS, TRANSPORTATION, AND REQUIRED EQUIPMENT. X X 1 1 X X X 0 0 0 0 0 1 0 0 1 1 ROBERT WHELAN HEAD OF SCHOOL 292231 0 0 0 0 0 16362 0 75074 0 383667 0 0 0 JENNIFER CAMPBELL CHIEF FINANCE & OPERATIONS 145410 0 0 0 0 0 11440 0 19897 0 176747 0 0 0 JENNIFER KLEIN DIRECTOR OF ADVANCEMENT 190600 0 0 0 0 0 16575 0 18770 0 225945 0 0 0 CHRISTOS KOLOVOS ASSISTANT HEAD OF SCHOOL 179149 0 0 0 0 0 15342 0 11742 0 206233 0 0 0 ANDREW MEYER HEAD OF THE MIDDLE SCHOOL 158914 0 0 0 0 0 13983 0 27833 0 200730 0 0 0 ATTILA AGH DIRECTOR OF SQUASH PROGRAM 35933 0 137463 0 0 0 8873 0 19598 0 201867 0 0 0 ANN MILLER ADMISSION DIRECTOR 152007 0 0 0 0 0 12946 0 2250 0 167203 0 0 0 ALEWA COOPER HEAD OF THE LOWER SCHOOL 150113 0 0 0 0 0 13031 0 10026 0 173170 0 0 0 ANDREW JONES HEAD OF THE UPPER SCHOOL 141182 0 0 0 0 0 12750 0 28767 0 182699 0 0 0 TAUNI BUTTERFIELD ATHLETICS DIRECTOR 135046 0 0 0 0 0 11688 0 5519 0 152253 0 0 0 JANET HARTWELL FORMER HEAD OF SCHOOL 266479 0 0 0 0 0 22100 0 60415 0 348994 0 0 0 RUSSELL FRIEDSON FORMER CHIEF FINANCE & OPERATIONS 125892 0 0 0 0 0 11263 0 16766 0 153921 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS PROVIDED WITH A RESIDENCE FOR PERSONAL AND BUSINESS USE. THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS, AND HOST EVENTS OPEN TO FACULTY, STUDENTS, AND CONSTITUENTS ON AVERAGE ONCE A WEEK. THE VALUE OF THE HOUSING IS REPORTED IN SCHEDULE J, PART II, COLUMN (D) AND IS TREATED AS NONTAXABLE. CLEANING SERVICES WERE PROVIDED FOR THE HEAD OF SCHOOL'S RESIDENCE. THIS WAS NOT TREATED AS TAXABLE INCOME. PART I, LINE 6 THE SQUASH DIRECTOR'S INCENTIVE COMPENSATION IS BASED ON NET EARNINGS FROM SQUASH LESSONS & CLINICS. PART I, LINE 8 GREENS FARMS ACADEMY ENTERED INTO A THREE YEAR CONTRACT WITH THE NEW HEAD OF SCHOOL EFFECTIVE 7/1/18. 30270 FINANCIAL AID EDUCATION FERRIS ASSOCIATES OWNER, ROGER FERRIS, IS A TRUSTEE 185886 ARCHITECTURAL SERVICES 0 X 17 311668 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF DONATIONS OF PUBLICLY TRADED STOCK REPRESENTS THE NUMBER OF CONTRIBUTIONS RECIEVED. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ACADEMY'S FORM 990 IS PREPARED BY THE SCHOOL'S TAX ADVISORS WITH INFORMATION PROVIDED BY MANAGEMENT. THE FINAL DRAFT FORM 990 IS REVIEWED BY THE HEAD OF SCHOOL, THE BOARD TREASURER, THE CHIEF FINANCIAL OFFICER & CONTROLLER. ONCE APPROVED, IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THE FORM 990, EXCLUDING SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH TRUSTEE, OFFICER, AND MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE GOVERNING BOARD SHALL SIGN A STATEMENT THAT AFFIRMS: HE OR SHE HAS RECEIVED A COPY OF THE COI POLICY, HAS READ AND UNDERSTOOD THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE SCHOOL IS CHARITABLE, AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PERIODIC REVIEWS ARE COMPLETED TO DETERMINE, AT A MINIMUM: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE SCHOOL'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES, AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY THE EXECUTIVE COMMITTEE USING COMPARABLE COMPENSATION DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE BOARD APPROVES AGGREGATE INCREASES. THE HIRING COMMITTEE ALONG WITH THE SEARCH FIRM CAME TOGETHER BEFORE THE HEAD OF SCHOOL WAS HIRED AND DEVELOPED HIS NEW CONTRACT IN NOVEMBER OF 2017, FOR THE 18/19 SCHOOL YEAR. THE HEAD OF SCHOOL REVIEWS DATA AND DETERMINES COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES WITHIN THE OVERALL COMPENSATION PARAMETERS SET BY THE BOARD. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES THE FORM 990 AVAILABLE UPON REQUEST AT THE ACADEMY'S PLACE OF BUSINESS. THE ACADEMY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -314,399.