2018-05-11T07:56:50-05:00 2017-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2016-07-01 060733693 GREENS FARMS ACADEMY INC GREE 2032567543 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 RUSSELL FRIEDSON CHIEF FINANCE & OPERATIONS OFFICER 2032567543 2018-05-10 1 LAURA J KENNEY P00202198 6172211944 2018-05-10 2016 2022-09-23 18:48:47Z RUSSELL FRIEDSON 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 47189599 0 X WWW.GFACADEMY.ORG X 1925 CT GFA ENGAGES STUDENTS AS PARTNERS IN AN INNOVATIVE, INCLUSIVE, AND GLOBALLY MINDED COMMUNITY TO PREPARE THEM FOR A LIFE OF PURPOSE. 23 22 332 910 0 0 6667346 5337348 28478271 29881286 850860 2986351 203722 233275 36200199 38438260 2818910 2962109 0 0 17692280 21092768 0 0 1791636 9850502 8744236 30361692 32799113 5838507 5639147 127174789 127827231 22598965 15593676 104575824 112233555 GFA ENGAGES STUDENTS AS PARTNERS IN AN INNOVATIVE, INCLUSIVE, AND GLOBALLY MINDED COMMUNITY TO PREPARE THEM FOR A LIFE OF PURPOSE. 0 0 27822009 2962109 29696431 EDUCATING STUDENTS IN GRADES PRE-K THROUGH TWELVE IN ACADEMICS, ATHLETICS, AND THE ARTS. 1178090 0 5435 HORIZONS AT GFA - HORIZONS AT GFA HELPS UNDERSERVED BRIDGEPORT STUDENTS IN PRE-KINDERGARTEN THROUGH 12TH GRADE IMPROVE THEIR EDUCATIONAL OUTCOMES BY PROVIDING ACADEMIC INSTRUCTION, ENRICHMENT EXPERIENCES, MENTORING, AND EDUCATIONAL GUIDANCE IN A NURTURING COMMUNITY OF DEDICATED PROFESSIONALS. 125769 0 179420 SUMMER PROGRAMS - OFFERED AS A COMBINATION OF ACADEMIC COURSE AND SUMMER ENRICHMENT PROGRAMS INCLUDING A TRADITIONAL DAY CAMP AND SPORTS PROGRAM. 29125868 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 138 0 1 332 1 0 0 0 0 0 1 1 0 0 0 0 X 23 22 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 X RUSSELL FRIEDSON 2032567543 35 BEACHSIDE AVENUE PO BOX 998 GREENS FARMS CT 068380998 SHELLEY GOLDSMITH CO-PRESIDENT 4.00 X X 0 0 0 PATRICIA VANACORE CO-PRESIDENT 4.00 X X 0 0 0 STEPHEN LAWRENCE CO-VICE-PRESIDENT 4.00 X X 0 0 0 MICHAEL RINTOUL CO-VICE-PRESIDENT 4.00 X X 0 0 0 ZACHARY ZEITLIN TREASURER 4.00 X X 0 0 0 ARLENE HOWARD SECRETARY 4.00 X X 0 0 0 HENRY BACKE JR TRUSTEE 2.00 X 0 0 0 VANI BETTEGOWDA TRUSTEE 2.00 X 0 0 0 MICHAEL BLITZER TRUSTEE 2.00 X 0 0 0 ELIZABETH BOOLBOL TRUSTEE 2.00 X 0 0 0 RICHARD CANNING TRUSTEE 2.00 X 0 0 0 CAROLYN COHEN TRUSTEE 2.00 X 0 0 0 DAVID DURKIN TRUSTEE 2.00 X 0 0 0 STEPHANIE ERCEGOVIC TRUSTEE 2.00 X 0 0 0 ROGER FERRIS TRUSTEE 2.00 X 0 0 0 MICHAEL GREENBERG TRUSTEE 2.00 X 0 0 0 WARD HORTON TRUSTEE 2.00 X 0 0 0 LYNNE LAUKHUF TRUSTEE 2.00 X 0 0 0 SAMANTHA MOONEY TRUSTEE 2.00 X 0 0 0 JOSHUA SAMUELSON TRUSTEE 2.00 X 0 0 0 NANCY SOULE TRUSTEE 2.00 X 0 0 0 PETER TAUCK TRUSTEE 2.00 X 0 0 0 JAMES WOLFE TRUSTEE 2.00 X 0 0 0 JANET HARTWELL HEAD OF SCHOOL 40.00 X 478471 0 101195 RUSSELL FRIEDSON CHIEF FINANCE & OPERATIONS 40.00 X 218425 0 71573 JENNIFER KLEIN DIRECTOR OF ADVANCEMENT 40.00 X 166730 0 39961 CHRISTOS KOLOVOS ASSISTANT HEAD OF SCHOOL 40.00 X 166634 0 23926 ANDREW MEYER HEAD OF THE MIDDLE SCHOOL 40.00 X 146685 0 37481 ANN MILLER ADMISSION DIRECTOR 40.00 X 141125 0 9498 ALEWA COOPER HEAD OF THE LOWER SCHOOL 40.00 X 139083 0 15260 MATHIEU FREEMAN UPPER SCHOOL SCIENCE 40.00 X 130864 0 82011 JESSE ROBINSON IT DIRECTOR 40.00 X 127845 0 38954 1715862 0 419859 32 0 1 0 AP CONSTRUCTION 707 SUMMER ST STAMFORD CT 06901 CONSTRUCTION 2199808 APAPPAJOHN COMPANY 66 FORT POINT ST NORWALK CT 06851 CONSTRUCTION 2101225 ROGER FERRIS PARTNERS LLC 11 WILTON RD WESTPORT CT 06880 ARCHITECTURAL SERVICES 976472 CHARTWELLS DINING SERVICES PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 700765 PLAZA DESIGN LLC 1771 POST RD E 203 WESTPORT CT 06880 PRINTING/GRAPHIC SERVICES 140949 12 305132 5032216 350780 5337348 TUITION & FEES 611110 29227976 29227976 STUDENT ACTIVITIES & YEARBOOK 611710 418265 418265 SUMMER SCHOOL TUITION 611110 179420 179420 SCHOOL STORE REVENUE 611110 55625 55625 29881286 604921 604921 75688 65040 10648 10648 10648 10977064 8595634 2381430 2381430 2381430 90665 305132 90665 0 OTHER INCOME 900099 112488 112488 PARENTS ASSOC. INCOME 900099 110139 110139 222627 38438260 29881286 0 3219626 2962109 2962109 1320544 590409 332109 398026 14704590 13216682 884354 603554 1060437 933631 71690 55116 2922083 2683186 123799 115098 1085114 923490 87757 73867 35662 35662 47835 47835 119125 119125 277541 219541 54672 3328 626626 624538 2088 411951 411951 1609169 1565769 34212 9188 132529 41321 15046 76162 2543983 2494023 49960 98196 96232 1964 STUDENT ACTIVITIES 843259 843259 DINING ROOM 621139 621139 HORIZONS - OTHER 379061 379061 PRINTING AND PUBLICATIO 231420 8949 222471 766740 510578 21336 234826 32799113 29125868 1881609 1791636 89078 41517 18072199 17205133 3969144 3352542 90518 52470 31314 32920 334256 316110 88050678 22300418 60720671 65750260 35894003 32204705 7973606 8871574 127174789 127827231 3385595 3566597 10864494 12027079 8348876 0 22598965 15593676 X 94412919 102148949 6795804 6924876 3367101 3159730 104575824 112233555 127174789 127827231 X 5639147 1987065 31519 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40523225 283757 4466056 8458425 19639 36794974 41193806 474398 -807213 149195 176715 11856 40523225 40702817 418010 1223786 1150807 41193806 34977258 286160 5708130 258454 10277 40702817 30061047 2358085 2812518 251377 3015 34977258 0.86000 0.08000 0.06000 0 0 5725539 5725539 72135491 20020724 52114767 2346762 1064371 1282391 7842886 1215323 6627563 65750260 FORESTER OFFSHORE, LTD. 4075560 F GOLDENTREE HIGH YIELD PARTNERS 29525 F POINTER OFFSHORE, LTD 4766489 F 8871574 37747175 1987065 155705 2142770 35604405 2833855 2833855 38438260 30525101 559843 559843 29965258 2833855 2833855 32799113 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE SUPPORT FOR GREENS FARMS ACADEMY AND ITS MISSION OVER THE LONG TERM. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 90,665. RENTAL EXPENSES 65,040. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,833,855. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 90,665. RENTAL EXPENSES 65,040. ROUNDING -2. UNCOLLECTIBLE PLEDGES 404,140. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,833,855. 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 PUBLISHES A BROCHURE WHICH INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY. THE SCHOOL ALSO ADVERTISES ITS RACIALLY NONDISCRIMINATORY POLICY IN THE NEW YORK TIMES EACH YEAR. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS 8871574 0 0 0 0 0 0 8871574 0 8871574 0 0 0 1 0 0 X X X X X X 0 CT NY HORIZONS GOLF 199132 135419 63713 3720 30274 29719 HORIZONS FALL 196665 169713 26952 26952 395797 305132 90665 3720 30274 56671 90665 0 1 STUDENT FINANCIAL AID 99 2962109 FMV FINANCIAL AID IS PROVIDED THROUGH TUITION REDUCTION. OTHER ASSISTANCE INCLUDES BOOKS, TRANSPORTATION, REQUIRED TRIPS, REQUIRED ATHLETIC UNIFORMS, MOUTHGUARDS & FEES, COLLEGE GUIDANCE FEES, USE OF LAPTOPS, YEARBOOKS, PROMS, CLASS PHOTOS (LOWER SCHOOL) & THE SMART TUITION PAYMENT PLAN PROCESSING FEE. X 1 1 X X X 0 0 0 0 0 0 0 0 0 JANET HARTWELL HEAD OF SCHOOL 478471 0 0 0 0 0 22525 0 78670 0 579666 0 0 0 RUSSELL FRIEDSON CHIEF FINANCE & OPERATIONS 218425 0 0 0 0 0 19525 0 52048 0 289998 0 0 0 JENNIFER KLEIN DIRECTOR OF ADVANCEMENT 166730 0 0 0 0 0 14645 0 25316 0 206691 0 0 0 CHRISTOS KOLOVOS ASSISTANT HEAD OF SCHOOL 166634 0 0 0 0 0 14208 0 9718 0 190560 0 0 0 ANDREW MEYER HEAD OF THE MIDDLE SCHOOL 146685 0 0 0 0 0 12889 0 24592 0 184166 0 0 0 ANN MILLER ADMISSION DIRECTOR 141125 0 0 0 0 0 7131 0 2367 0 150623 0 0 0 ALEWA COOPER HEAD OF THE LOWER SCHOOL 139083 0 0 0 0 0 11904 0 3356 0 154343 0 0 0 MATHIEU FREEMAN UPPER SCHOOL SCIENCE 130864 0 0 0 0 0 7435 0 74576 0 212875 0 0 0 JESSE ROBINSON IT DIRECTOR 127845 0 0 0 0 0 11249 0 27705 0 166799 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS PROVIDED WITH A RESIDENCE FOR PERSONAL AND BUSINESS USE. THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS, AND HOST EVENTS OPEN TO FACULTY, STUDENTS, AND CONSTITUENTS ON AVERAGE ONCE A WEEK. THE VALUE OF THE HOUSING IS REPORTED IN SCHEDULE J, PART II, COLUMN (D) AND IS TREATED AS NONTAXABLE. VARIOUS FORMER TRUSTEE 33270 FINANCIAL AID FINANCIAL AID ROGER FERRIS PARTNERS LLC OWNER, ROGER FERRIS, IS A TRUSTEE 585824 ARCHITECTURAL SERVICES 0 X 24 334780 FMV X FURNITURE 0 16000 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER OF DONATIONS OF PUBLICLY TRADED STOCK REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. THERE WAS ONE CONTRIBUTION OF VARIOUS PIECES OF FURNITURE. FORM 990, PART VI, SECTION A, LINE 3 THE ACADEMY DELEGATES CONTROL OVER MANAGEMENT DUTIES IN REGARDS TO ITS OUTSOURCED FOOD SERVICE TO CHARTWELLS/FLIK INDEPENDENT SCHOOL DINING, ALTHOUGH THIS DOES NOT RELATE TO ITS CORE BUSINESS OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B GFA'S FORM 990 FILING AND DISTRIBUTION POLICY: 1. THE BUSINESS OFFICE WILL GATHER THE INFORMATION REQUESTED BY THE SCHOOL'S TAX ADVISORS NEEDED TO COMPLETE THE FORM. INFORMATION WILL BE GATHERED AND/OR CONFIRMED FROM ALL RELEVANT AREAS OF THE SCHOOL, INCLUDING: BUSINESS OFFICE, ADMISSION, FINANCIAL AID, ADVANCEMENT, AND PROGRAM. 2. THE INITIAL DRAFT OF THE FORM WILL BE PREPARED BY THE SCHOOL'S TAX ADVISORS. 3. THE CFO/COO AND CONTROLLER WILL REVIEW THE DRAFT FORM AND HAVE ANY INITIAL CORRECTIONS/CHANGES MADE. 4. AFTER INITIAL CORRECTIONS, IF ANY, A PROPOSED FINAL DRAFT WILL BE REVIEWED BY THE TREASURER, HEAD OF SCHOOL, CFO, AND CONTROLLER. ONCE APPROVED AS IS (OR WITH CORRECTIONS) THE FORM WILL BE FILED WITH THE IRS. THIS REVIEW WILL INCLUDE ALL SCHEDULES, INCLUDING SCHEDULE B - SCHEDULE OF CONTRIBUTORS. 5. AFTER FILING, A COPY OF THE FORM, EXCLUDING THE NAMES AND ADDRESSES OF CONTRIBUTORS, WILL BE DISTRIBUTED TO THE EXECUTIVE COMMITTEE. 6. THE SCHOOL WILL MAKE A COPY OF THE FORM, EXCLUDING THE NAMES AND ADDRESSES OF CONTRIBUTORS, AVAILABLE TO ALL OTHERS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH TRUSTEE, OFFICER, AND MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE GOVERNING BOARD SHALL SIGN A STATEMENT THAT AFFIRMS: THEY HAVE RECEIVED A COPY OF THE COI POLICY, HAVE READ AND UNDERSTOOD THE POLICY, HAVE AGREED TO COMPLY WITH THE POLICY, AND UNDERSTAND THAT THE SCHOOL IS CHARITABLE, AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PERIODIC REVIEWS ARE COMPLETED TO DETERMINE, AT A MINIMUM: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE SCHOOL'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES, AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY THE EXECUTIVE COMMITTEE USING COMPARABLE COMPENSATION DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE BOARD APPROVES AGGREGATE INCREASES. THE HEAD OF SCHOOL IS PROVIDED COMPARABLE DATA. THE HEAD OF SCHOOL REVIEWS DATA AND MAKES A DETERMINATION FOR ALL COMPENSATION OTHER THAN HER OWN, WITHIN OVERALL COMPENSATION PARAMETERS SET BY THE BOARD. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES THE FORM 990 AVAILABLE UPON REQUEST AT THE ACADEMY'S PLACE OF BUSINESS. THE ACADEMY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON INTEREST RATE SWAP AGREEMENTS 435,657. UNCOLLECTIBLE PLEDGES -404,140. ROUNDING 2. FORM 990, PART XII, LINE 2C: GREENS FARMS ACADEMY HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR