2018-05-15T09:36:06-05:00 2017-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2016-07-01 010504446 Hyde School at South Woodstock Inc HYDE 2074435584 616 High Street Bath ME 04530 Sarah Clifford Chief Financial Officer 2074435584 2018-05-12 1 Barbara J McGuan CPA P00219457 2077752387 2018-05-12 2016 2022-09-23 18:48:47Z Malcolm Gauld 616 High Street Bath ME 04530 20644860 0 X www.hyde.edu X 1996 CT Education for grades 9 through post graduate. X 15 15 95 17 0 0 609553 338932 8390759 6055928 275 2337914 0 0 9000587 8732774 1881883 1998671 0 0 3869411 3357412 0 0 140789 4455262 3766393 10206556 9122476 -1205969 -389702 15878768 11304427 4764001 579362 11114767 10725065 X The mission of Hyde Schools is to renew and transform lives through in-depth programs of family-based character education, involving the values of courage, integrity, leadership, curiosity and concern. 0 1 7280342 1998671 6055928 Hyde School in South Woodstock, CT was founded to provide a grade 9-12 private school education which centers upon individual growth and character development through the teaching of values, courage, integrity, concern for others, leadership and curiosity. Approximately 108 students attended the school during the fiscal year ended June 30, 2017. 7280342 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 53 0 1 95 1 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CT X Sarah Clifford 2074435584 616 High Street Bath ME 04530 Alvaro G DeMolina Director 1.00 1.00 X 0 0 0 Dana McAvity Director 1.00 1.00 X 0 0 0 Debbie Werner Director 1.00 2.00 X 0 0 0 Dee Dee Chesley Director 1.00 1.00 X 0 0 0 Jamie Delaney Director 1.00 1.00 X 0 0 0 Jeffrey P Black Director 1.00 1.00 X 0 0 0 Malcolm McAvity Director 1.00 1.00 X 0 0 0 Nancy B Lund Chairman 1.00 1.00 X X 0 0 0 Richard Chesley Director 1.00 1.00 X 0 0 0 Ritsubun Koda Director 1.00 1.00 X 0 0 0 Thomas J Moore Director 1.00 1.00 X 0 0 0 Andrew Sylvester Director 1.00 1.00 X 0 0 0 Ann S Bell Director 1.00 1.00 X 0 0 0 Jonathan A Bell Director 1.00 1.00 X 0 0 0 James A Silverman Director 1.00 1.00 X 0 0 0 John Stanchina Past Director 1.00 1.00 X 0 0 0 Lucinda Stanchina Past Director 1.00 1.00 X 0 0 0 Malcolm W Gauld CEO 13.00 27.00 X 0 199458 10462 Robert Felt Headmaster 40.00 X 133888 0 31382 Erin Brown Exec. Dir. of Development 15.00 25.00 X 0 124439 27050 Laura Gauld Bath Headmaster 10.00 30.00 X 0 233109 35299 133888 557006 104193 1 0 1 0 0 338932 12500 338932 Tuition & Fees 611600 5551444 5551444 Miscellaneous Income 611600 421192 421192 Sales of Inventory 611600 83292 83292 6055928 14250000 11912086 2337914 2337914 2337914 8732774 6055928 0 2337914 440915 440915 1557756 1557756 2633378 2633378 96841 96841 450932 450932 176261 176261 23163 23163 4720 4720 58639 53247 5392 654639 418124 129463 107052 80123 80123 594223 594223 67366 61358 5961 47 9408 9408 12916 12916 620020 620020 187113 187113 Shared Services Allocat 1248440 1248440 Bad Debt 84589 50899 33690 Cost of Goods Sold 74708 74708 Miscellaneous Expenses 46326 19109 27217 9122476 7280342 1701345 140789 X 1447604 205711 68899 11005153 30947 1099 53944 25554 66910 66910 69041 0 0 0 11715200 0 2426223 0 15878768 11304427 222663 579362 2098544 0 817561 0 1625233 0 4764001 579362 X 10950345 10624353 164422 100712 11114767 10725065 15878768 11304427 -389702 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Hyde School at South Woodstock does not discriminate on the basis of race, color, national origin, religion, sex, marital or parental status, or handicap in the recruitment and administration of its students; in its faculty and staff; or in its athletic or other school administrative programs or activities. This statement is included in the School's catalog provided to all families inquiring about the School and its staff. East Asia and the Pacific 0 0 Fundraising 20942 0 0 0 0 0 0 20942 0 20942 0 0 0 0 0 0 1 Hyde School 616 High Street Bath ME 04530 016021559 501c3 440915 Cash Organizational support 1 Financial Aid/Scholarships 47 1184413 FMV Financial Aid/Scholarships Tuition Remission 5 142500 FMV Tuition Remission International Student Placement 5 230843 FMV International Student Placement Part I, Line 2: All assistance to individuals is in the form of scholarships and tuition discounts awarded to students of Hyde School. X X 1 1 X 0 0 0 0 0 0 0 1 0 Malcolm W Gauld CEO 0 193958 0 5500 0 0 0 9700 0 762 0 209920 0 0 Robert Felt Headmaster 128388 0 5500 0 0 0 6313 0 25069 0 165270 0 0 0 Erin Brown Exec. Dir. of Development 0 114439 0 10000 0 0 0 6100 0 20950 0 151489 0 0 Laura Gauld Bath Headmaster 0 178266 0 10000 0 44843 0 8766 0 26533 0 268408 0 0 Part I, Line 7 The amount of bonuses paid to each employee are determined based on multiple factors. The factors include, but are not limited to, the following: employee position in the Organization, employee performance during the year, and the number of hours worked by that employee. Sale of plant, property and equipment. 2017-06-15 14250000 Sale price to third party 060704624 Woodstock Academy 57 Academy Road Woodstock CT 06281 501c3 0 0 0 0 Form 990, Part III, line 3 In November 2016, the Ogranization entered into a fully executed purchase and sale agreement to sell the Woodstock campus. The campus remained open through the remainder of the school year and the closing of the sale occurred in June 2017. In 2018 operations will be consolidated at the Bath campus. Management plans to terminate Hyde School Woodstock in 2018. Form 990, Part VI, Section A, line 2 Dana McAvity (Director) and Malcolm McAvity (Director) have a family relationship. Ann S. Bell (Director) and Jonathan A. Bell (Director) have a family relationship. John Stanchina (Director) and Lucinda Stanchina (Director) have a family relationship. Dee Dee Chesley (Director) and Richard Chesley (Director) have a family relationship. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Executive Business Manager and the Finance Committee and a copy of the Form 990 is provided to the governing body for review before it is filed. Form 990, Part VI, Section B, line 12c The conflict of interest policy and signature page is provided to the Board for review at the June board meeting. Form 990, Part VI, Section B, line 15 The salary of the CEO and other key employees are determined and approved by the Board. The recommendations are specifically made by the Board Compensation Committee. Periodically Hyde School South Woodstock has a compensation analysis performed of key employees. Hyde School South Woodstock annually utilizes the surveys from ISANNE (Independent School Association of Northern New England) and NAIS (National Association of Independent Schools). Both surveys provide detailed compensation information of all positions of member schools in addition to key employees. Hyde School South Woodstock utilizes the survey to benchmark all of their departments. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Hyde School at South Woodstock, Inc. 616 High Street Bath, ME 04530 EIN 01-0504446 Hyde School at South Woodstock, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Hyde School Inc (Bath ME Campus) 616 High Street Bath ME 04530 016021559 Education for grades 9 through 12. ME 501(c)(3) 2 N/A 0 Hyde Foundation 616 High Street Bath ME 04530 223026440 Develop charter schools throughout the country. ME 501(c)(3) 7 N/A 0 FAST Inc 616 High Street Bath ME 04530 223118810 Promote welfare of children ME 501(c)(3) 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0