2020-05-07T15:57:14-05:00 2019-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2018-07-01 131740452 HACKLEY SCHOOL % PETER MCANDREW C/O THE SCHOO HACK 9146310128 293 BENEDICT AVENUE TARRYTOWN NY 10591 PETER MCANDREW DIRECTOR OF FINANCE 9146310128 2020-05-07 true CANDICE METH P01306891 2129498700 64.238.150.4 26505220201285000060 2020-05-07 P 8B157416A116837EC6BFC69048563AD0574ECD35 0171DCF37D0058A3A7E131C8AA9958388F37ABDA 2018 2020-11-19 02:30:22Z MICHAEL WIRTZ CO HACKLEY 293 BENEDICT AVENUE TARRYTOWN NY 10591 91257418 false X WWW.HACKLEYSCHOOL.ORG X 1900 NY THE SCHOOL IS AN INDEPENDENT, College-Preparatory School for boys and girls in kindergarten through THE 12TH GRADE. 22 22 371 20 351432 53195 6652512 25067597 37098461 38326328 936085 3022119 465887 463453 45152945 66879497 6964108 6874663 0 0 25244944 26122199 0 0 1537354 13566294 14323269 45775346 47320131 -622401 19559366 214796000 233204581 31676235 29899100 183119765 203305481 THE SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL FOR BOYS AND GIRLS IN KINDERGARTEN THROUGH THE 12TH GRADE. false false 40501176 6874663 37877523 INSTRUCTION AND RELATED COSTS - INCLUDES ALL COSTS ASSOCIATED WITH INSTRUCTION OF 845 STUDENTS. THE SCHOOL OFFERS FINANCIAL AID GRANTS TO QUALIFIED STUDENTS BASED ON DEMONSTRATED NEED. 312635 448805 AUXILIARY ACTIVITIES INCLUDES SERVICES INDIRECTLY RELATED TO INSTRUCTION SUCH AS STUDENT ACTIVITIES EXPENSES, MUSIC INSTITUTE, DRIVERS EDUCATION, ETC., AS WELL AS SUMMER PROGRAMS AND FACILITIES RENTAL ACTIVITIES. 40813811 true true false false false false true false false true true false false false true true true false true false true 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 true false false false true 115 0 true 371 true true true false false false false true true false false true false false false X 22 22 false false false false false false false true true false false true true true true true true true true false X PETER MCANDREW CO THE SCHOO 9146310128 293 BENEDICT AVENUE TARRYTOWN NY 10591 JOHN C CANONI PRESIDENT 4.0 0.0 X X 0 0 0 SY STERNBERG VICE PRESIDENT 3.0 0.0 X X 0 0 0 JOHN R TORELL IV TREASURER 2.0 0.0 X X 0 0 0 MARIA A DOCTERS SECRETARY 1.0 0.0 X X 0 0 0 DAVID A BERRY TRUSTEE 1.0 0.0 X 0 0 0 SHERRY BLOCKINGER TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER P BOGART TRUSTEE 1.0 0.0 X 0 0 0 ROGER G BROOKS TRUSTEE 1.0 0.0 X 0 0 0 THOMAS A CAPUTO TRUSTEE 1.0 0.0 X 0 0 0 H RODGIN COHEN TRUSTEE 1.0 0.0 X 0 0 0 DAWN N FITZPATRICK TRUSTEE 1.0 0.0 X 0 0 0 ERIC B GYASI TRUSTEE 1.0 1.5 X 0 0 0 JASON J HOGG TRUSTEE 1.0 0.0 X 0 0 0 LINDA HOLDEN-BRYANT TRUSTEE 1.0 0.0 X 0 0 0 KAVEH KHOSROWSHAHI TRUSTEE 1.0 0.0 X 0 0 0 KEITH R KROEGER TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL H LOWRY TRUSTEE 1.0 0.0 X 0 0 0 HARVINDER SANDHU MD TRUSTEE 1.0 0.0 X 0 0 0 JUMAANE SAUNDERS TRUSTEE 1.0 0.0 X 0 0 0 SARAH UNGER TRUSTEE 1.0 0.0 X 0 0 0 PAMELA GALLIN YABLON MD TRUSTEE 1.0 0.0 X 0 0 0 MAUREEN WRIGHT TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL WIRTZ HEAD OF SCHOOL 50.0 0.0 X 351537 0 44302 PETER MCANDREW DIR. OF FIN. & CAMPUS PLANNING 40.0 0.0 X 573763 0 51177 ANNE E BURNS DIRECTOR OF LOWER SCHOOL 40.0 0.0 X 236021 0 47899 PHILIP J VARIANO ASSOCIATE HEADMASTER 40.0 0.0 X 215371 0 46949 JOHN P GANNON DIRECTOR OF DEVELOPMENT 40.0 0.0 X 195669 0 44141 ANDREW M KING DIRECTOR OF UPPER SCHOOL 40.0 0.0 X 171400 0 43221 STEVEN BILECA ASSISTANT HEADMASTER 40.0 0.0 X 157409 0 35008 CHRISTOPHER MCCOLL DIRECTOR OF ADMISSIONS 40.0 0.0 X 151098 0 41307 ERICH TUSCH DIRECTOR OF TECH CURRICULUM 40.0 0.0 X 137829 0 11024 2190097 0 365028 49 false true false CONSIGLI CONSTRUCTION NY LLC 199 WEST ROAD SUITE 100 PLEASANT VALLEY NY 12559 CONSTRUCTION 5322858 Architectural Resources Cambridge 501 Boylston Street Suite 4101 BOSTON MA 02116 Architect 618069 RUSSELL INVESTMENTS 1301 SECOND AVENUE 18TH FLOOR SEATTLE WA 98101 INVST. MGMT. FEES 322761 VP BUSES LLC DBA SUPERTRANS 60 ALEXANDER STREET YONDERS NY 10701 TRANSPORTATION 297497 JR TOURS LTD 80 EDISON AVENUE MOUNT VERNON NY 10550 TRANSPORTATION 103385 5 105654 495777 24466166 20800599 25067597 TUITION AND FEES 611710 37877523 37877523 AUXILIARY ACTIVITIES 532000 448805 448805 38326328 1331459 1331459 0 0 662946 200702 462244 0 462244 351432 110812 25845695 24155035 1690660 1690660 1690660 0 0 0 0 0 0 23393 22184 1209 1209 0 66879497 38326328 351432 3134140 0 6874663 6874663 0 0 1558543 1348140 155854 54549 0 18074541 15495077 1851448 728016 1653203 1357726 232395 63082 3171085 2760595 295347 115143 1664827 1428254 170213 66360 0 76545 76545 78400 78400 0 0 348316 348316 174984 174984 0 782144 222280 487138 72726 0 0 1860102 1813582 35505 11015 58480 57018 1116 346 0 0 68018 68018 0 4894913 3939883 758286 196744 324092 315987 6186 1919 INSTRUCTIONAL SUPPLIES 2430827 2422751 5964 2112 FOOD SERVICE 1459639 1394745 56423 8471 MAINTENANCE 653923 484998 165979 2946 ATHLETICS 623028 623028 489858 275084 849 213925 47320131 40813811 4968966 1537354 X 1000 1000 13209044 10324454 4056325 1872076 994025 993778 7446 0 0 0 62969 51007 18446 16550 468402 518975 175758218 41757919 131992966 134000299 59800595 81107785 3851741 4015891 0 0 0 0 333041 302766 214796000 233204581 6035682 4477929 0 0 17563491 16838884 3485000 3170000 0 0 0 0 0 0 0 0 4592062 5412287 31676235 29899100 X 151486720 151703720 13371435 32637858 18261610 18963903 183119765 203305481 214796000 233204581 X 19559366 1182390 -556040 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 37.00 1 false 50.00 2000 true 43228044 759876 2268684 658883 251117 45346604 41451755 313302 2512987 772143 277857 43228044 36084267 897162 5155326 501302 183698 41451755 39015740 937941 -2584414 825537 459463 36084267 36936652 1673856 1080232 475844 199156 39015740 0.35000 0.42000 0.23000 false false 7924241 7924241 143200992 30256310 112944682 8913496 7128929 1784567 15719489 4372680 11346809 134000299 0 OBLIGATIONS 5412287 5412287 X 61061794 1182390 222886 1405276 59656518 348316 6874663 7222979 66879497 40326845 229693 229693 40097152 348316 6874663 7222979 47320131 SCHEDULE D - PART II, QUESTION 9 CONSERVATION EASEMENT: THE LAND OWNED BY THE SCHOOL IS INCLUDED IN THE SCHOOL'S STATEMENT OF FINANCIAL POSITION. THERE IS NO REVENUE AND MINIMAL EXPENSE ASSOCIATED WITH THE CONSERVATION EASEMENT, AND ACCORDINGLY, THERE IS NO FOOTNOTE DISCLOSURE REGARDING THE EASEMENT. SCHEDULE D - PART V, QUESTION 4 ENDOWMENT FUNDS: THE SCHOOL'S ENDOWMENT GENERATES A PREDICTABLE STREAM OF REVENUE THAT HELPS FUND ITS PROGRAMS, INCLUDING ITS FINANCIAL AID PROGRAM. SCHEDULE D - PART X, QUESTION 2 ASC 740 - INCOME TAXES: The School is subject to the provisions of the Financial Accounting Standards Board's ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") Topic 740, "Income Taxes", AS IT RELATES to accounting and reporting for uncertainty in income taxes. The School is subject to and pays unrelated business income tax relating to its rental activities; BECAUSE the School has always RECOGNIZED the liability related to this unrelated business income and because of the School's general tax-exempt status, management believes ASC Topic 740 has not had, and is not expected to have, a material impact on the School's financial statements. SCHEDULE D - PART XI, QUESTION 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH REVENUE PER RETURN: REPORTED AS REVENUE WITHIN THE FORM 990, WHILE REPORTED AS EXPENSES WITHIN THE FINANCIAL STATEMENTS: COSTS OF GOODS SOLD ($22,184) Rental expenseS ($200,702) _________ Total ($222,886) ========= SCHEDULE D - PART XI, QUESTION 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH REVENUE PER RETURN: INCLUDED IN REVENUE ON THE FINANCIAL STATEMENTS BUT NOT NETTED WITH REVENUE ON FORM 990: FINANCIAL AID OF $6,874,663 SCHEDULE D - PART XII, QUESTION 2D RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH EXPENSES PER RETURN: REPORTED AS EXPENSE WITHIN THE FORM 990, WHILE NETTED WITH REVENUE WITHIN THE FINANCIAL STATEMENTS: COSTS OF GOODS SOLD $22,184 Rental expenseS $200,702 LOSS ON UNCOLLECTIBLE ACCOUNTS $6,807 _________ Total $229,693 ========= SCHEDULE D - PART XII, QUESTION 4B RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH EXPENSES PER RETURN: EXPENSES INCLUDED ON FORM 990 BUT NOT REFLECTED AS EXPENSES WITHIN THE FINANCIAL STATEMENTS: FINANCIAL AID OF $6,874,663 true true true true true true true false false false false false false false false true false true SCHEDULE E - PART I, QUESTION 3 NONDISCRIMINATORY POLICY: THE SCHOOL ANNUALLY PUBLISHES ITS NONDISCRIMINATION POLICY IN THE NEW YORK TIMES. SCHEDULE E - PART I, QUESTION 6A FINANCIAL AID/ASSISTANCE FROM A GOVERNMENT AGENCY: THE SCHOOL RECEIVES FUNDS FROM NEW YORK STATE FOR THE PERFORMANCE OF MANDATED SERVICES AND CAPITAL EXPENDITURES. Central America and the Caribbean Investments 3441829 3441829 3441829 false false false false false false SCHEDULE F - PART I, LINE 3, COLUMN (F) AMOUNT REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. true Financial assistance 141 6874663 FMV Tuition Reduction SCHEDULE I - PART I, LINE 2 - FINANCIAL AID POLICY THE SCHOOL'S FINANCIAL AID OFFICE REVIEWS PARENTS' FINANCIAL STATEMENTS, INCLUDING INDIVIDUAL TAX RETURNS, AND THEN AWARDS AID ON THE BASIS OF DEMONSTRATED NEED. X X true true X X X X false true false false false false false false false MICHAEL WIRTZ HEAD OF SCHOOL 351537 0 0 0 20625 23677 395839 0 0 PETER MCANDREW DIR. OF FIN. & CAMPUS PLANNING 333602 0 0 240161 27500 23677 624940 0 162227 ANNE E BURNS DIRECTOR OF LOWER SCHOOL 236021 0 0 0 24222 23677 283920 0 0 PHILIP J VARIANO ASSOCIATE HEADMASTER 215371 0 0 0 21388 25561 262320 0 0 JOHN P GANNON DIRECTOR OF DEVELOPMENT 195669 0 0 0 20463 23678 239810 0 0 ANDREW M KING DIRECTOR OF UPPER SCHOOL 171400 0 0 0 17660 25561 214621 0 0 STEVEN BILECA ASSISTANT HEADMASTER 157409 0 0 0 12457 22551 192417 0 0 CHRISTOPHER MCCOLL DIRECTOR OF ADMISSIONS 151098 0 0 0 15746 25561 192405 0 0 SCHEDULE J - LINES 1A, 1B THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS, AS BOARDING STUDENTS RESIDE AT THE SCHOOL. SINCE THE HEAD OF SCHOOL'S HOME SERVES AS HIS PERMANENT RESIDENCE, PERSONAL USE OF THE HOME DOES OCCUR. THE SCHOOL PAYS FOR A CLEANING SERVICE FOR THE HOME, AS NEEDED. THE HOUSING REQUIREMENT PROVISION IS CONTAINED IN THE EMPLOYMENT CONTRACT OF THE HEAD OF SCHOOL. DURING THE CURRENT REPORTING PERIOD, THE SCHOOL DID NOT PROVIDE ANY FUNDS FOR COMPANION TRAVEL. Schedule J - Line 4b The School contributes to A supplemental nonqualified retirement plan for thE director of finance AND CAMPUS PLANNING. DURING CALENDAR 2018, THE INDIVIDUAL TOOK A FULL DISTRIBUTION FROM THE PLAN AS REFLECTED IN COLUMN B(III). A COUNTY OF WESTCHESTER INDUSTRIAL DEVELOP AGENCY 521294265 957368FMO 2004-01-02 16000000 FINANCING RENOVATIONS false false false A 12830000 0 16000000 0 0 0 714662 274337 0 15285739 0 0 false false true true A false false false false 0 false false false true A false false false true true false 0 false 0 false false A X 75 FMV X 43 20776362 FMV X 2 2172 FMV X TICKETS SPORTING & OTHER 4 13582 FMV X MUSICAL INSTRUMENTS 3 7930 FMV X COMPUTER 1 338 FMV X TENT 1 140 FMV false true true SCHEDULE M - PART I, LINE 32B The School uses TD Ameritrade to sell donated securities. FORM 990 - PART VI, LINE 11B FORM 990 REVIEW PROCESS: THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD AND THEN PRESENTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL, WITH COPIES BEING DISTRIBUTED IN ADVANCE. FORM 990 - PART VI, LINE 12C Conflict-of-Interest Policy: The conflict-of-interest policy is distributed annually along with a declaration form to key personnel and administrators, as well as all trustees. The business office collects all declaration forms and prepares a memo of all known conflicts for the Chair of the Audit Committee, the Head OF SCHOOL, and the President of the Board OF TRUSTEES to review. FORM 990 - PART VI, LINES 15A AND 15B Determining compensation: The Head OF SCHOOL sets compensation pools for all employees. Compensation is based on comparable data obtained from peer institutions and an association of independent schools. The Head OF SCHOOL'S compensation is determined by the board of trustees' executive committee. An assessment of performance along with comparable data provided FROM peer schools are used to determine this compensation. The head OF SCHOOL and Director of Finance AND CAMPUS PLANNING have written employment AGREEMENTS. FOMR 990 - PART VI, LINE 19 GOVERNING DOCUMENTS: THE School'S GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 - PART XI, LINE 9 RECONCILIATION OF NET ASSETS - OTHER CHANGES IN NET ASSETS CONSIST OF: Change in Post Retirement Benefits OTHER THAN PERIODIC COSTS ($549,233) LOSS ON UNCOLLECTIBLE ACCOUNTS ($6,807) ________ TOTAL ($566,040) ======== FORM 990 - PART X, LINES 27, 28, AND 29 THE SCHOOL IS SUBJECT TO THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS UPDATE ("asu") NO.2016-14, PRESENTATION OF FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ENTITIES. ASU 2016-14 AMENDS THE FINANCIAL STATEMENT PRESENTATION OF THE NET ASSET CLASSIFICATION FROM THE PREVIOUS CATEGORIES OF "UNRESTRICTED", "TEMPORARILY RESTRICTED", AND "PERMANENTLY RESTRICTED" TO THE NEW CATEGORIES OF "WITHOUT DONOR RESTRICTIONS"WITH DONOR RESTRICTIONS". AS A RESULT, THE SCHOOL'S JUNE 30, 2019 FINANCIAL STATEMENTS REFLECT ASU 2016-14'S PRESENTATION OF THE NET ASSET CLASSIFICATIONS AS "WITHOUT DONOR RESTRICTIONS"WITH DONOR RESTRICTIONS". AS NOTED BY THE IRS IN THE INSTRUCTIONS TO THE FORM 990, PART X OF THE FORM WILL CONTINUE TO UTILIZE THE PREVIOUS CLASSIFICATION, AND THE IRS ACKNOWLEDGES THAT THOSE WHO HAVE ADOPTED ASU 2016-14 WILL HAVE A DIFFERENT STRUCTURE WITHIN THEIR AUDITED FINANCIAL STATEMENTS. HACKLEY ALUMNI ENDOWMENT FUND 293 BENEDICT AVENUE TARRYTOWN NY 10591 136068876 CHARITABLE NY 501(C)(3) 12A; TYPE I NA false false false true false false false false false false false false false true false false false false false HACKLEY ALUMNI ENDOWMENT FUND C 105654 FMV