2020-07-14T15:01:49-05:00 2019-06-30 390758449 WIPFLI LLP 1 MARKET SQUARE AUGUSTA ME 043304637 990 2018-07-01 010211532 KENTS HILL SCHOOL KENT 2076854914 PO BOX 257 KENTS HILL ME 043490257 ANDREW MAY CFO 2076854914 2020-07-14 1 DANIELLE MARTIN CPA P01265151 2076224766 2020-07-07 4.4.25.242 2020-07-14 08:05:32 ED P 437956799D09127D14271704E45439260242AD8B 61DFA1134CE19E703E61E13BE5D365F3589A6922 2018 2021-01-29 14:40:06Z ANDREW MAY PO BOX 257 KENTS HILL ME 043490257 16784449 0 X WWW.KENTSHILL.ORG X 1824 ME THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT. 23 22 140 23 -81175 -81175 1333231 1735591 12299075 11919738 477042 641021 -81353 -207240 14027995 14089110 4344406 4417077 0 0 5816968 5714756 0 0 640113 5532104 5602264 15693478 15734097 -1665483 -1644987 58851286 57071154 17045179 16023281 41806107 41047873 X THE ORGANIZATION'S MISSION IS TO EDUCATE STUDENTS IN MIND, BODY, AND SPIRIT IN ORDER TO: 1) PREPARE THEM FOR THE CHALLENGES AND OPPORTUNITIES OF HIGHER EDUCATION; 2) HELP THEM LEARN TO LOVE AND RESPECT THEMSELVES AND THEIR FELLOW STUDENTS, AND TO CARE FOR THOSE IN LESS FORTUNATE CIRCUMSTANCES; 3) TEACH THEM TO BE RESPONSIBLE STEWARDS OF OUR NATURAL HERITAGE; 4) REMIND THEM THAT ONE PERSON OF PRINCIPLE CAN ALWAYS MAKE A DIFFERENCE. 0 0 4417077 4417077 SCHOLARSHIPS AND OTHER FINANCIAL AID BASED ON NEED AND MERIT BASED. 6174048 11835377 PRIVATE SECONDARY SCHOOL UTILIZED BY APPROXIMATELY 220 BOARDING AND DAY STUDENTS. 10591125 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 34 0 1 140 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X ANDREW MAY 2076854914 1614 MAIN STREET KENTS HILL ME 04349 EDWARD LANE III PRESIDENT 1.00 X X 0 0 0 THEODORE B ALFOND VICE PRESIDENT 1.00 X X 0 0 0 MARK S ALCAIDE 2ND VP & TREASURER 1.00 X X 0 0 0 TAYLOR BODMAN TRUSTEE 1.00 X 0 0 0 WILLIAM J BRENNAN TRUSTEE 1.00 X 0 0 0 NANCY COLHOUN TRUSTEE 1.00 X 0 0 0 CATHERINE EATON COAKLEY TRUSTEE 1.00 X 0 0 0 GORDON H FAY TRUSTEE 1.00 X 0 0 0 DEBRA GESIMONDO TRUSTEE 1.00 X 0 0 0 JAMES R HANSEN TRUSTEE 1.00 X 0 0 0 PATRICIA R HATLER TRUSTEE 1.00 X 0 0 0 JAWAD ISSA TRUSTEE 1.00 X 0 0 0 PARKER J BEVERAGE TRUSTEE 1.00 X 0 0 0 STEVEN MADISON TRUSTEE 1.00 X 0 0 0 ALANE B O'CONNOR TRUSTEE 1.00 X 0 0 0 RICHARD O'CONNOR TRUSTEE 1.00 X 0 0 0 TEMILOLUWA ODIMAYO TRUSTEE 1.00 X 0 0 0 DOUG PHILLIPS TRUSTEE 1.00 X 0 0 0 DAVID RHODES TRUSTEE 1.00 X 0 0 0 JANET E ROCHE TRUSTEE 1.00 X 0 0 0 DOUGLAS W STINSON TRUSTEE 1.00 X 0 0 0 KAREN TEMKIN TRUSTEE 1.00 X 0 0 0 KYLE MCNULTY TRUSTEE 1.00 X 0 0 0 CHRIS CHENEY HEAD OF SCHOOL 40.00 X 216077 0 20775 ANDREW MAY CFO 40.00 X 113027 0 27089 MATTHEW CRANE ASST HEAD FOR ADVANCEMENT 40.00 X 104154 0 24562 433258 0 72426 3 0 1 0 SAGE DINING SERVICES INC 222 BOSLEY AVE SUITE B7 TOWSON MD 21204 FOOD SERVICES 990210 AWG DEWAR INC FOUR BATTERYMARCH PARD QUINCY MA 02169 TUITION REFUND PLAN 240122 WARREN CONSTRUCTION GROUP LLC PO BOX 362 SOUTH FREEPORT ME 04078 CONSTRUCTION 121434 3 1735591 176694 1735591 TUITION & FEES 611600 11814179 11814179 OTHER REVENUE 611600 105559 105559 11919738 382660 382660 146637 11273 246821 123110 -100184 -111837 -212021 -84361 -81175 -46485 2387799 30000 2159438 0 228361 30000 258361 258361 8962 5661 3301 3301 161789 160309 1480 1480 14089110 11835377 -81175 599317 3328297 3328297 1088780 1088780 394194 141777 205158 47259 4001208 2596670 1046104 358434 169142 109094 43877 16171 815337 521885 218458 74994 334875 208362 95628 30885 143670 143670 68362 68362 99242 74320 24922 662751 662751 257695 22701 166350 68644 461866 461866 1465390 1465390 114557 57757 56800 CONTRACTURAL SERVICES 1136794 1088782 48012 MAINT, SUPPLIES, & EQUI 677759 607044 53694 17021 OTHER EXPENSES 330355 467 328105 1783 VEHICLES 84615 84615 99208 72143 27065 15734097 10591125 4502859 640113 8392 2458176 2840245 425498 401181 187912 56457 36993 10246 19090 144850 148003 50661595 23709058 27863087 26952537 26419141 26169172 1107687 673773 58851286 57071154 551727 381711 2538164 2048110 777813 597813 12935798 11880655 241677 1114992 17045179 16023281 X 30459368 29575057 6953851 7013757 4392888 4459059 41806107 41047873 58851286 57071154 X -1644987 1742652 17763 -873662 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26419142 2421621 406478 2197163 67950 26169172 24760199 98551 2577773 239273 736069 42039 26419142 22947087 78082 3488961 158773 1529814 65344 24760199 24580692 109269 36769 141064 1500086 64955 23020625 24926716 208636 1069928 120484 1454925 49179 24580692 0.66870 0.17900 0.15230 1 0 74330 74330 45926940 19969718 25957222 4608774 3739340 869434 51551 51551 26952537 INTEREST RATE SWAPS 1104798 LAIBILITY UNDER UNITRUST AGREEMENT 10194 1114992 11071263 1742652 530240 2272892 8798371 5290739 5290739 14089110 11847260 530240 530240 11317020 4417077 4417077 15734097 PART V, LINE 4: ENDOWMENT IS USED TO SUPPORT FACILITIES, CAPITAL PROJECTS, TO PROVIDE SCHOLARSHIPS, AND TO SUPPORT THE ONGOING OPERATIONS OF THE SCHOOL. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 160,309. RENTAL EXPENSES 369,931. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 873,662. FINANCIAL AID 4,417,077. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 160,309. RENTAL EXPENSES 369,931. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,417,077. 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 HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS NEWSPAPER AND BROADCAST MEDIA ADS. 1 0 0 0 0 0 0 0 0 0 STUDENT FINANCIAL AID EUROPE 16 257000 SCHOLARSHIP FMV STUDENT FINANCIAL AID NORTH AMERICA 20 747480 SCHOLARSHIP FMV STUDENT FINANCIAL AID EAST ASIA AND THE PACIFIC 38 84300 SCHOLARSHIP FMV 0 0 0 0 0 0 PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID AND GRANTS SCHOLARSHIPS TO ELIGIBLE STUDENTS AND MAINTAINS RECORDS AS PART OF THE ENROLLMENT PROCESS. 1 STUDENT FINANCIAL AID 132 3328297 FMV SCHOLARSHIPS PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID AND GRANTS SCHOLARSHIPS TO ELIGIBLE STUDENTS AND MAINTAINS RECORDS AS PART OF THE ENROLLMENT PROCESS. X 1 1 X X 0 0 0 0 0 0 0 0 0 CHRIS CHENEY HEAD OF SCHOOL 216077 0 0 0 0 0 0 0 20775 0 236852 0 0 0 THEODORE ALFOND VICE PRESIDENT TO ASSIST IN CASH FLOW X 1000000 597813 0 1 0 597813 X 1143 FMV DATE OF DONATION X 11 175551 FMV DATE OF DONATION 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 ALANE O'CONNOR (TRUSTEE) AND RICHARD O'CONNOR (TRUSTEE) HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED FIRST BY THE CHIEF FINANCIAL OFFICER, CONTROLLER AND THE AUDIT COMMITTEE AND THEN IS AVAILABLE TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL PROVIDES TRUSTEES THE CONFLICT OF INTEREST POLICY AT A BOARD MEETING TO COMPLETE AND RETURN ON AN ANNUAL BASIS AND THE SCHOOL REVIEWS FOR ANY QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL'S HEAD OF SCHOOL COMPENSATION WAS DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND THE SCHOOL WILL PROVIDE A COPY OF THE 990 UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS -873,662. MAINE WESLEYAN BOARD OF EDUCATION 39A PLEASANT ST TOPSHAM ME 04086 237275366 TRUST ME KENTS HILL SCHOOL T 39260 1155697 1.00000 1 WILLIAM FARWELL TRUST 127 PUBLIC SQAURE CLEVELAND OH 44114 016010161 TRUST OH KENTS HILL SCHOOL T 41741 927231 0.66660 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 MAINE WESLEYAN BOARD OF EDUCATION S 39260 BOOKS WILLIAM FARWELL TRUST S 41741 BOOKS