2019-12-16T12:29:16-06:00 2019-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2018-07-01 042104273 MISS HALL'S SCHOOL INC MISS 4134436401 492 HOLMES ROAD PITTSFIELD MA 01201 JULIA HEATON HEAD OF SCHOOL 4134436401 2019-12-13 1 LORI ROTHE YOKOBOSKY CPA P01273422 9592007000 2019-12-09 209.59.242.22 2019-12-13 10:00:54 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3A16AF227DFFBEB6A54D665AEE301AB9EC7A606C 2018 2020-04-17 16:48:07Z JULIA HEATON 492 HOLMES ROAD PITTSFIELD MA 01201 19256548 0 X WWW.MISSHALLS.ORG X 1924 MA TO EDUCATE, INSPIRE, AND ENCOURAGE GIRLS IN GRADES 9 THROUGH 12 29 29 103 291 537386 -309968 10042145 4546742 11609289 11975853 766148 -605683 556329 583043 22973911 16499955 4720284 5472087 0 0 8607205 8535042 106150 59051 1207567 5381374 5481927 18815013 19548107 4158898 -3048152 55335757 51878861 15744631 16116986 39591126 35761875 MISS HALL'S SCHOOL INSPIRES AND ENCOURAGES EACH GIRL TO PURSUE THE HIGHEST STANDARDS OF LEARNING AND CHARACTER; TO CONTRIBUTE BOLDLY AND CREATIVELY TO THE COMMON GOOD; AND TO SEEK A PURPOSEFUL LIFE BASED ON HONOR, RESPECT, GROWTH, AND PERSONAL AUTHENTICITY. 0 0 15242640 5472087 11985616 PROVIDED COLLEGE-PREPARATORY EDUCATION IN A SMALL SCHOOL SETTING APPROXIMATELY 219 BOARDING AND DAY STUDENTS IN GRADES 9-12 CAME FROM 14 STATES AND 15 COUNTRIES. 15242640 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 1 0 1 0 0 1 0 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 4 0 1 103 1 1 1 1 CJ 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X HELEN TELFER 4133957050 492 HOLMES ROAD PITTSFIELD MA 01201 NANCY GUSTAFSON AULT 1ST VICE PRESIDENT 1.00 X X 0 0 0 MARTHA BULLOCK TRUSTEE 1.00 X 0 0 0 ALICE BUTLER BURNHAM TRUSTEE 1.00 X 0 0 0 LEE CARBONELLI TRUSTEE 1.00 X 0 0 0 SUSAN ROWLAND CHOLLET TRUSTEE 1.00 X 0 0 0 ANNE PETERSON CONOLLY TRUSTEE 1.00 X 0 0 0 SUSAN DANISH TRUSTEE 1.00 X 0 0 0 KATIE GRACE DEANE TRUSTEE 1.00 X 0 0 0 SUSAN L DICK TRUSTEE 1.00 X 0 0 0 ALISHA ARNOLD FOSTER TRUSTEE 1.00 X 0 0 0 CAROLINE RUTTER FRAZER TRUSTEE 1.00 X 0 0 0 CAROLYN GREEN TRUSTEE 1.00 X 0 0 0 STACEY SOTIRHOS GONEOS PRESIDENT 1.00 X X 0 0 0 REBECCA HAJJAR TRUSTEE 1.00 X 0 0 0 LAURA H HARRIS VICE PRESIDENT 1.00 X X 0 0 0 HERBERT JAQUES JR TRUSTEE 1.00 X 0 0 0 JANE JOUKOWSKY VICE PRESIDENT 1.00 X X 0 0 0 STEPHANIE LAWLOR KADNOR TRUSTEE 1.00 X 0 0 0 STACY KIRK TRUSTEE 1.00 X 0 0 0 NAN BREWSTER PATERNOTTE TRUSTEE 1.00 X 0 0 0 CHARLES PLATT TRUSTEE 1.00 X 0 0 0 JONATHAN POORVU TRUSTEE 1.00 X 0 0 0 CHRISTOPHER POPE VICE PRESIDENT 1.00 X X 0 0 0 SCOTT QUIGG TREASURER 1.00 X X 0 0 0 JENNIFER PERKINS SPEERS TRUSTEE 1.00 X 0 0 0 CORNELIA CABOT WHITING CLERK 1.00 X X 0 0 0 SUZANNE WILSON TRUSTEE 1.00 X 0 0 0 EDITH STETSON YOVU TRUSTEE 1.00 X 0 0 0 YIYAN ZHOU TRUSTEE 1.00 X 0 0 0 JULIA HEATON HEAD OF SCHOOL 50.00 X 304083 0 93359 HELEN TELFER DIRECTOR OF FINANCE AND OPERATIONS 50.00 X 50031 0 17055 MERRITT COLAIZZI DIRECTOR OF ADVANCEMENT 50.00 X 112891 0 23393 ROBERT ALDRICH DIRECTOR OF CAMPUS SERVICE 50.00 X 105594 0 25640 572599 0 159447 3 0 1 0 ARAMARK CORPORATION 131 S DEARBORN 6TH FLOOR CHICAGO IL 60673 FOOD SERVICES 1138366 DUQUETTE EXCAVATION LLC PO BOX 289 HINSDALE MA 01235 EXCAVATING CONTRACTORS 349035 2 4546742 40546 4546742 TUITION FEES 611710 11789531 11789531 OTHER PROGRAM REVENUE 611710 157318 157318 STUDENT FEES 611710 29004 29004 11975853 360910 360910 1790000 1329736 1426857 460264 -1426857 -966593 -966593 2413 0 2413 2413 SUMMER BOARDING 721310 544736 7350 537386 MISCELLANEOUS INCOME 611710 35894 35894 580630 16499955 11985616 537386 -569789 5472087 5472087 525799 324586 201213 6136380 4244144 1275655 616581 290072 203416 58051 28605 1119673 813211 225130 81332 463118 296396 125042 41680 30750 30750 36280 36280 59051 59051 93919 93919 451208 324344 107461 19403 39230 39230 34847 21840 13007 203284 92381 98046 12857 400295 363068 29622 7605 173447 7121 145668 20658 33966 33966 441239 416618 24621 1199478 1132547 66931 120188 88209 31979 FOOD SERVICE 1071899 1071899 SUPPLIES 310408 298395 9510 2503 STUDENT ACTIVITIES 291849 291849 ADMINISTRATIVE EXPENSES 236568 232477 4091 313072 126955 87136 98981 19548107 15242640 3097900 1207567 4000 4000 1364239 1080445 6755400 5914283 56975 136749 60916 41160 255320 268640 41935369 13601995 31015559 28333374 14511702 14819365 1277969 1280845 33677 0 55335757 51878861 976611 1207924 3894246 3875646 9515082 9318898 132781 128753 50264 20918 1175647 1564847 15744631 16116986 X 13688698 12142985 7325016 4717746 18577412 18901144 39591126 35761875 55335757 51878861 X -3048152 -302388 -478711 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 15788843 1566555 534098 196348 1593652 16099496 14548475 1471008 1080860 157380 1154120 15788843 12325355 894752 2088368 760000 14548475 12647083 815258 -301816 835170 12325355 19452405 705802 -282513 6981661 246950 12647083 1.00000 0 0 22932 22932 38588815 11149820 27438995 2998860 2452175 546685 324762 324762 28333374 CONSTRUCTION COSTS PAYABLE 93772 LINE OF CREDIT 1000000 LIABILITIES UNDER SPLIT-INTEREST AGREEMENTS 67362 INTEREST RATE SWAP AGREEMENT 403713 1564847 X 9917996 -302388 -302388 10220384 93919 6185652 6279571 16499955 13747247 0 13747247 93919 5706941 5800860 19548107 PART IV, LINE 2B: THE BALANCES INCLUDED IN AGENCY FUNDS PAYABLE REPRESENT FUNDS PLACED ON DEPOSIT WITH THE SCHOOL AS CUSTODIAN. PART V, LINE 4: THE ENDOWMENT FUND IS AN INVESTMENT PORTFOLIO COMPRISED OF DONOR-RESTRICTED AND BOARD-DESIGNATED ENDOWMENT FUNDS. ITS PURPOSE IS TO GENERATE A TOTAL RETURN THAT PRESERVES THE VALUE OF THE DONOR-RESTRICTED FUNDS AFTER INFLATION & PROVIDE A RELATIVELY PREDICTABLE REVENUE STREAM TO BE USED FOR PURPOSES THAT REFLECT OUR MISSION. PART X, LINE 2: THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2019 OR 2018. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2016 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,472,087. TUITION REMISSION 234,854. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 4,312. CHANGE IN VALUE OF INTEREST RATE SWAP 437,390. PROVISION FOR UNCOLLECTIBLE PLEDGES 37,009. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,472,087. TUITION REMISSION 234,854. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLICATIONS, APPLICATIONS, REGISTRATION FORMS, NEWSPAPER ADVERTISEMENTS AND SUMMER PROGRAMS MAKE REFERENCE TO THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY. NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 CONSULTANT FOR RECRUITING TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL 12045 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 STUDENT RECRUITING TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL 2276 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 FUNDRAISING TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL 11130 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 CONSULTANT FOR RECRUITING TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL 500 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 RECRUITING TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL 890 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 1285775 0 0 0 0 0 0 1312616 0 1312616 0 0 0 0 0 0 PART I, LINE 3: EXPENSES REPORTED RELATE TO EMPLOYEE TRAVEL AND CONSULTANTS WORKING OVERSEAS TO RECRUIT STUDENTS TO ATTEND THE SCHOOL. THESE EXPENSES ARE TRACKED BY THE SCHOOL AND REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. THE VALUE OF INVESTMENTS REPORTED IN COLUMN F IS BASED ON THE FAIR MARKET VALUE AS OF JUNE 30, 2019, IN ACCORDANCE WITH US GAAP. X X X X X X 1 GRAHAM-PELTON ASSOCIATES INC 39 BEECHWOOD ROAD SUMMIT NJ 07901 FUNDRAISER CONSULTANT 0 0 59051 -59051 59051 -59051 MA 1 STUDENT FINANCIAL AID/RESIDENT TUTION 150 5472087 X X X 0 1 X X X X X 0 0 0 0 0 0 0 0 1 0 JULIA HEATON HEAD OF SCHOOL 215934 0 0 0 88149 0 18787 0 74572 0 397442 0 0 0 PART I, LINE 1A THE CURRENT HEAD OF SCHOOL IS REQUIRED AS A CONDITION OF EMPLOYMENT, TO BE A RESIDENT OF THE SCHOOLS BOARDING COMMUNITY. IN ORDER TO PERFORM HER DUTIES AND BE AVAILABLE TO FACULTY AND STUDENTS, AS ON CAMPUS HOUSING WAS A CONDITION OF EMPLOYMENT, IT HAS BEEN EXCLUDED FROM THE W-2 FORM AS A TAX-FREE BENEFIT UNDER SEC 119. KEY EMPLOYEES HAVE SMALL DISCRETIONARY SPENDING ACCOUNTS FOR BUSINESS USE. THE HEAD OF SCHOOL IS REQUIRED TO LIVE IN CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT. THE HEAD OF SCHOOL PERFORMS A SIGNIFICANT AMOUNT OF BUSINESS SERVICES IN THE RESIDENCE, INCLUDING EVENTS FOR EMPLOYEES, FAMILIES, ALUMNAE, AND DONORS. IT IS ALSO NECESSARY FOR THE HEAD OF SCHOOL TO BE A PART OF THE RESIDENTIAL COMMUNITY OF THE SCHOOL, IN ORDER TO OVERSEE AND CONNECT TO THE RESIDENT STUDENTS AND EMPLOYEES. PART I, LINE 8 THE HEAD OF SCHOOL ASSUMED THIS POSITION IN JULY 2014. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2015-05-27 10000000 BUILDINGS AND STRUCTURES 0 0 0 A 517961 10000000 10000000 0 0 1 1 A 0 1 1 1 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 X 7 40546 FMV 0 1 0 PART I, COLUMN (B): COULUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY HELEN TELFER, DIRECTOR OF FINANCE AND OPERATIONS, NANCY AULT, TRUSTEE AND CHAIR OF THE AUDIT COMMITTEE, AND AT LEAST ONE OFFICER OF THE CORPORATION. AN ELECTRONIC COPY OF FORM 990 WILL THEN BE MAILED TO EACH MEMBER OF THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO THE FILLING OF THE 990. HARD COPIES OF FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL REQUIRES EACH MEMBER OF THE BOARD OF TRUSTEES TO COMPLETE THE CONFLICT OF INTEREST STATEMENT ANNUALLY. ANY TRUSTEE THAT HAS A POTENTIAL CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING ON A PARTICULAR ISSUE. FORM 990, PART VI, SECTION B, LINE 15 MISS HALL'S SCHOOL USES OUTSIDE SOURCES FOR BENCHMARKING COMPENSATION LEVELS INCLUDING, NAIS, (THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS), AISNE (ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND), AS WELL AS PUBLIC SCHOOL COMPENSATION DATA. COMPENSATION FOR ALL TOP MANAGMENT POSITIONS WAS BENCHMARKED IN DECEMBER 2016 USING NAIS AND OTHER INDUSTRY STATISTICS. MISS HALL'S SCHOOL STRIVES TO MAINTAIN A COMPETITIVE SALARY AND BENEFITS PACKAGE. THEREFORE, OUR PACKAGE IS REGULARLY REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES, AS DATA IS AVAILABLE FOR REASONABLENESS AND COMPETITIVE WEIGHT. THE SALARY AND BENEFITS OF THE HEAD OF SCHOOL ARE SET BY THE BOARD OF TRUSTEES. COMPENSATION FOR ALL OTHER EMPLOYEES IS SET BY THE HEAD OF SCHOOL AND APPROVED BY THE BOARD OF TRUSTEES ANNUALLY. THE CONSIDERATIONS AND DELIBERATIONS ON DETERMINING SALARY ARE DOCUMENTED BY THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 ALL FORMS ARE MADE AVAILABLE TO PUBLIC INSPECTION UPON WRITTEN REQUEST MADE TO THE BUSINESS OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -4,312. CHANGE IN VALUE OF INTEREST RATE SWAP -437,390. PROVISION FOR UNCOLLECTIBLE PLEDGES -37,009. FORM 990 PART XII, LINE 2C THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED DURING THE FISCAL YEAR.