2019-05-14T14:08:49-05:00 2018-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2017-07-01 060646961 WESTOVER SCHOOL INC WEST 2037582423 1237 WHITTEMORE ROAD MIDDLEBURY CT 067620847 JULIE FAULSTICH HEAD OF SCHOOL 2037582423 2019-05-13 1 JOHN TOSCANO P00358542 9592007000 2019-05-10 209.59.242.22 2019-05-13 15:38:47 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A999648B7C0F94429496C189B46642AFC33E1A30 2017 2019-02-21 02:37:17Z JULIE FAULSTICH 1237 WHITTEMORE ROAD MIDDLEBURY CT 067620847 23564205 0 X WWW.WESTOVERSCHOOL.ORG X 1909 CT THE MISSION OF WESTOVER SCHOOL IS TO PROVIDE AN ENVIRONMENT THAT INSPIRES THE INTELLECTUAL ARTIST, ATHLETE, AND PHILOSOPHER IN EACH STUDENT. WESTOVER CHALLENGES YOUNG WOMEN TO THINK INDEPENDENTLY, TO EMBRACE DIVERSITY, AND TO GROW INTELLECTUALLY AND SPIRITUALLY. 21 20 127 253 61732 0 3471240 5539640 9729943 9349185 293101 2709960 558740 67125 14053024 17665910 3634500 3668922 0 0 6975343 6349092 36731 3211 1378876 5835097 6077969 16481671 16099194 -2428647 1566716 106831434 106985914 28598283 25681569 78233151 81304345 THE MISSION OF WESTOVER SCHOOL IS TO PROVIDE AN ENVIRONMENT THAT INSPIRES THE INTELLECTUAL, ARTIST, ATHLETE, AND PHILOSOPHER IN EACH STUDENT. WESTOVER CHALLENGES YOUNG WOMEN TO THINK INDEPENDENTLY, TO EMBRACE DIVERSITY, AND TO GROW INTELLECTUALLY AND SPIRITUALLY. 0 0 11181678 3668922 9353950 THE PROGRAM SERVICES RENDERED ARE THOSE ASSOCIATED WITH COLLEGE PREP INSTITUTIONS. THESE INCLUDE: PROVIDING AN ENVIRONMENT SUITABLE FOR THE EDUCATION, DORMITORY SERVICE, TEXTBOOKS AND SUPPLIES AND ATHLETIC FACILITIES INCLUDING USE OF THE FACILITIES BY OTHER ORGANIZATIONS FOR THE SAME PURPOSE. 11181678 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 45 0 1 127 1 1 1 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THOMAS G GORMAN CPA 2035774505 1237 WHITTEMORE RD MIDDLEBURY CT 06762 ELEANOR ACHESON VICE PRESIDENT 1.00 X X 0 0 0 DOMENICK CALABRESE BOARD MEMBER 1.00 X 0 0 0 CAROLINE DEMIRS CALIO BOARD MEMBER 1.00 X 0 0 0 FREDERIC M CLARK BOARD MEMBER 1.00 X 0 0 0 SUSAN CLARK PRESIDENT 1.00 X X 0 0 0 CHRISTINE MULDOWNEY DAHL BOARD MEMBER 1.00 X 0 0 0 LISA DETWILER SECRETARY 1.00 X X 0 0 0 WILLIAM DONOVAN BOARD MEMBER 1.00 X 0 0 0 JENNIFER GOLD BOARD MEMBER 1.00 X 0 0 0 CAROL GOLDBURG BOARD MEMBER 1.00 X 0 0 0 JUDITH LESAGE GRASSI TREASURER 1.00 X X 0 0 0 LILY HURLIMANN VICE PRESIDENT 1.00 X X 0 0 0 JUTTA KLOMBURG P BOARD MEMBER 1.00 X 0 0 0 ROBIN CRUZ MCCLEARN BOARD MEMBER 1.00 X 0 0 0 MICHAEL PAOLUCCI BOARD MEMBER 1.00 X 0 0 0 MOLLY A PARKER BOARD MEMBER 1.00 X 0 0 0 DR DIVYA SINGH BOARD MEMBER 1.00 X 0 0 0 C ELIZABETH SPENCER BOARD MEMBER 1.00 X 0 0 0 STARR WHITE SNEAD BOARD MEMBER 1.00 X 0 0 0 MAURA TANSELY BOARD MEMBER 1.00 X 0 0 0 JULIE FAULSTICH HEAD OF SCHOOL 40.00 X X 257910 0 45691 THOMAS G GORMAN CPA CHIEF OPERATING OFFICER 40.00 X 99853 0 28621 BARBARA SABIA DIRECTOR OF DEVELOPMENT 40.00 X 104272 0 24727 462035 0 99039 2 0 1 0 TURNER CONSTRUCTION 50 WATERVIEW DR STE 220 SHELTON CT 06484 CONSTRUCTION SERVICES 7617272 ARAMARK 1101 MARKET ST PHILADELPHIA PA 19101 DINING SERVICES 964941 OMR ARCHITECTS 543 MASSACHUSETTS AVE ACTON MA 06720 CONSTRUCTION SERVICES 873337 DELMAR ELECTRICAL CONTRACTORS PO BOX 104 WATERTOWN CT 06795 CONSTRUCTION SERVICES 219841 BI-GLASS OF CT 1033 PROSPECT ST WEST HARTFORD CT 06105 CONSTRUCTION SERVICES 215441 8 5539640 534249 5539640 TUITION AND FEES 611600 9349185 9349185 9349185 639964 61732 578232 7967752 5897756 2069996 2069996 2069996 5304 539 4765 4765 OTHER INCOME 900099 62360 62360 62360 17665910 9353950 61732 2710588 3668922 3668922 505184 44085 431709 29390 4679334 3110356 1017805 551173 234108 142257 64548 27303 556921 389486 108366 59069 373545 221685 111560 40300 113306 113306 62887 62887 3211 3211 115511 115511 370931 214175 115727 41029 136145 134226 1919 120257 45688 52065 22504 329906 158820 95028 76058 606751 368298 157149 81304 209573 45509 145946 18118 48982 39852 9130 626086 380034 162156 83896 966822 586861 250407 129554 183721 115878 44711 23132 FOOD SERVICES 969816 969816 DEPARTMENTAL SUPPLIES 275209 241199 25825 8185 REPAIRS AND MAINTENANCE 259112 166372 61119 31621 CAPITAL EXPENDITURES 256933 155958 66546 34429 426021 156279 162191 107551 16099194 11181678 3538640 1378876 2766193 1012563 420045 3658149 1198044 1998860 230236 142479 342398 286017 40412 39497 82643 43173 51690994 15697674 29052310 35993320 41019357 34072053 20660519 28967949 11019277 771854 106831434 106985914 2727268 2321094 1568834 2072864 20811513 20840309 3000000 118389 109546 372279 337756 28598283 25681569 X 16291063 17172899 16605038 18513984 45337050 45617462 78233151 81304345 106831434 106985914 X 1566716 1824463 -319985 X X 0 1 X 1 0 X 64518203 765871 4521163 3574634 66230603 57576151 624029 9196831 2878808 64518203 63615379 275963 -3036155 2767047 58088140 63102121 3039304 1258617 3784663 63615379 55073234 4536271 7686416 4193800 63102121 0.08200 0.67700 0.24100 0 0 1047600 1047600 43371006 12004785 31366221 3410634 2559469 851165 3861754 1133420 2728334 35993320 ALTERNATIVE INVESTMENTS 28967949 F 28967949 LIABILITY UNDER SPLIT-INTEREST AGREEMENT 337756 337756 X 15499217 1824463 -245090 1579373 13919844 115511 3630555 3746066 17665910 12428023 113262 113262 12314761 115511 3668922 3784433 16099194 PART X, LINE 2: THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2018. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2015 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 STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE -245,629. COST OF GOODS SOLD 539. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,668,922. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -38,367. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 539. CASUALTY LOSS 112,723. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,668,922. 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'S RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN BROCHURES AND CATALOGS PERTAINING TO STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. IT IS ALSO PUBLISHED IN VARIOUS NEWSPAPER ADVERTISING. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 13937169 0 0 0 0 0 0 13937169 0 13937169 0 0 1 1 1 0 1 FINANCIAL AID AND SCHOLARSHIPS 113 3668922 CASH VALUE FINANCIAL AID AND SCHOLARSHIPS APPLIED TO THE STUDENTS' ACCOUNTS. PART I, LINE 2: FINANCIAL ASSISTANCE IS AVAILABLE IN THE FORM OF NEED-BASED AID AND PAYMENT PLANS. AN OBJECTIVE NEEDS-ANALYSIS SYSTEM IS USED BY THE SCHOOL AS A BASIC GUIDELINE TO PROVIDE CONSISTENCY IN ASSESSING NEED. WESTOVER SUBSCRIBES TO THE PRINCIPALS AND SERVICES OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS). X X 0 0 X X X 0 0 0 0 0 0 0 0 1 0 JULIE FAULSTICH HEAD OF SCHOOL 257910 0 0 0 0 0 19771 0 25920 0 303601 0 0 0 A CT HEALTH & EDUCATIONAL FACILITIES - SERIES C & D 060806186 2017-06-13 21330000 FUNDING THE RENOVATION OF MAIN BLDG & CONSTRUCTION OF NEW STUDENT CENTER 0 1 0 A 21330000 6710355 199372 14420273 1 0 0 1 A 0 0 0 0 1 0 0 0 1 A 1 X 13 534249 FMV 0 1 1 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE SCHOOL MAINTAINS AN ACCOUNT WITH A FINANCIAL INSTITUTION WHICH IS USED TO LIQUIDATE GIFTS OF MARKETABLE SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE SCHOOL'S CHIEF OPERATING OFFICER AND CONTROLLER. A COMPLETE DRAFT, EXCLUDING SCHEDULE B, IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY. ANY MATTERS DISCLOSED ARE REVIEWED AND RESOLVED BY THE EXECUTIVE LEADERSHIP OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL HAS A COMPENSATION COMMITTEE THAT IS CHAIRED BY THE PRESIDENT OF THE BOARD OF TRUSTEES. THE COMMITTEE REVIEWS STATISTICAL DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND SURVEYS OF CT INDEPENDENT SCHOOLS TO PROVIDE COMPARATIVE DATA. IN DETERMINING COMPENSATION, A PERFORMANCE REVIEW IS ALSO COMPLETED. THE RESULTS ARE DOCUMENTED IN WRITING AND FORWARDED TO THE CHIEF OPERATING OFFICER. A COPY IS MAINTAINED IN THE INDIVIDUALS' PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTSCHANGE IN VALUE OF SPLIT-INTERE 38,367. PROVISION FOR UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE -245,629. CASUALTY LOSS -112,723. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR. WESTOVER WATER INC 1237 WHITTEMORE RD MIDDLEBUY CT 06762 WATER UTILITY CT N/A C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0