2018-02-21T14:24:02-06:00 2017-06-30 EISNERAMPER LLP 111 WOOD AVE SO STE 600 ISELIN NJ 088302700 990 2016-07-01 221487233 Kent Place School % GENEVIEVE MADIGAN KENT 9082730900 42 NORWOOD AVENUE SUMMIT NJ 07901 GENEVIEVE MADIGAN cfo 9082730900 2018-02-15 true MICHAEL SOMER P00094591 7322437000 2018-02-15 64.238.150.4 20870020180525000081 2018-02-21 P 59644ADEE67D9146A0AFE4941C01EA07CEB282B5 59644ADEE67D9146A0AFE4941C01EA07CEB282B5 2016 2021-01-29 14:40:06Z GENEVIEVE MADIGAN 42 NORWOOD AVENUE SUMMIT NJ 07901 55756279 false X www.kentplace.org X 1894 NJ SEE SCHEDULE O 27 25 355 525 0 6210922 5484541 25391770 25977871 -374446 723430 572681 239850 31800927 32425692 2951401 2975061 0 0 17222546 17931352 0 0 1234782 8618167 8065371 28792114 28971784 3008813 3453908 61283189 70524444 10165599 14898182 51117590 55626262 X FOR OVER 100 YEARS, KENT PLACE'S MISSION IS TO OFFER STUDENTS OF DIVERSE BACKGROUNDS IN PRESCHOOL THROUGH GRADE 12 AN ACADEMICALLY RIGOROUS CURRICULUM IN A CARING ATMOSPHERE, TO INSPIRE YOUNG WOMEN TO LEADERSHIP AND TO STRENGTHEN MORAL AWARENESS. KENT PLACE PROVIDES THE STIMULUS FOR EACH STUDENT TO ACHIEVE HER FULL ACADEMIC, PHYSICAL AND CREATIVE POTENTIAL, TO LOVE LEARNING, TO GAIN CONFIDENCE, TO LIVE RESPONSIBLY AND TO DEVELOP RESPECT FOR HERSELF AND OTHERS IN THE GLOBAL COMMUNITY. false false 19494043 2975061 26217833 OUR CURRICULUM AT KENT PLACE BEST EXPRESSES OUR COMMITMENT TO CHALLENGING GIRLS, INSPIRING THEIR LOVE OF LEARNING AND OFFERING THE RICHEST EDUCATION POSSIBLE. CLASSES ARE TAUGHT BY FACULTY WHO ARE MASTERS IN THEIR FIELDS AND PASSIONATE ABOUT LEARNING. VISUAL AND PERFORMING ARTS, AS WELL AS SPORTS INSTRUCTION, ARE AVAILABLE TO STUDENTS. IN A TYPICAL YEAR, MORE THAN 90 OF UPPER SCHOOL STUDENTS DEVOTE OVER 7,000 HOURS TO COMMUNITY SERVICE, AS WELL AS HAVE ENGAGED IN OUR GLOBAL SERVICE LEARNING INITIATIVE. KENT PLACE OFFERS SUMMER PROGRAMS WITH TRADITIONAL DAY CAMP, ENRICHMENT ACADEMIES, AND THE GIRLS LEADERSHIP INSTITUTE. KENT PLACE ALSO HAS AN ETHICS INSTITUTE, AFTERSCHOOL ENRICHMENT PROGRAMS, EXTENDED CARE, AND A GREEN CAMPUS INITIATIVE. OUR ETHICS INSTITUTE, A FIRST-OF-ITS-KIND AT THE ELEMENTARY AND SECONDARY SCHOOL LEVELS, BELIEVES THAT FOSTERING ETHICAL THINKING AND ETHICAL DECISION-MAKING IN THE YOUNGEST OF CHILDREN PREPARES THEM TO BE THE MOST EFFECTIVE LEADERS AND COMPASSIONATE CITIZENS OF TOMORROW. 19494043 true true false false false false false false false true true false false false false true true false true false false false false false true false false false true true true false false false false false false false false false false true false false false false false false false false true 69 1 true 355 true false false false false false true true false false false false X 27 25 false false false false false false false true true false false true true true true true true true true false X GENEVIEVE MADIGAN 9082730900 42 NORWOOD AVENUE SUMMIT NJ 07902 X JAMES H MCGRAW IV PRESIDENT, BD OF TRUSTEEs 2.0 0.0 X X 0 0 0 JANIS E SMITH-GOMEZ VICE PRESIDENT, BD OF TRUSTEES 2.0 0.0 X X 0 0 0 NEIL MOSKOWITZ TREASURER, BOARD OF TRUSTEES 2.0 0.0 X X 0 0 0 G ALEXANDER CRISPO VICE PRESIDENT, BD OF TRUSTEES 2.0 0.0 X X 0 0 0 MARIA L CHRIN TrusteE 2.0 0.0 X 0 0 0 RAJIV K L DE SILVA Trustee 2.0 0.0 X 0 0 0 LINDA ESTEY Trustee 2.0 0.0 X 0 0 0 CHRISTINE CHAMBERS GILFILLAN Trustee 2.0 0.0 X 0 0 0 CHRISTINE HAYWARD Trustee 2.0 0.0 X 0 0 0 MICHAEL HENINGBURG JR Trustee 2.0 0.0 X 0 0 0 PAMELA M KAPSIMALIS Trustee 2.0 0.0 X 0 0 0 ELIZABETH L MCGINLEY Trustee 2.0 0.0 X 0 0 0 MARK MILLER Trustee 2.0 0.0 X 0 0 0 BINDIA PURI Trustee 2.0 0.0 X 0 0 0 USHA P ROBILLARD secretary, bd of trustees 2.0 0.0 X X 0 0 0 DOUGLAS B SIEG Trustee 2.0 0.0 X 0 0 0 BORIS V VUCHIC Trustee 2.0 0.0 X 0 0 0 Susan C Bosland Head of School 40.0 0.0 X X 386107 0 146623 SUSANNE SANTOLA MULLIGAN TRUSTEE 2.0 0.0 X 0 0 0 OLGA NAUMOVICH TRUSTEE 2.0 0.0 X 0 0 0 MARY ANN STORMS TRUSTEE 2.0 0.0 X 0 0 0 Nicole Rusas trustee 2.0 0.0 X 0 0 0 Mark Semioli trustee 2.0 0.0 X 84684 0 27921 David Wyshner trustee 2.0 0.0 X 0 0 0 Jennifer Grogan trustee 2.0 0.0 X 0 0 0 Abimbola Lawrence-Oloko trustee 2.0 0.0 X 0 0 0 Greg Mayes trustee 2.0 0.0 X 0 0 0 RITA O'CONNOR Chief Financial Officer 40.0 0.0 X 213518 0 27701 ADUNNI ANDERSON Director of Primary School 40.0 0.0 X 174348 0 14360 Elizabeth Bugliari Dir of DeveloP & ALUMNAE REL 40.0 0.0 X 168369 0 27632 KAREN REZACH DIRECTOR OF MIDDLE SCHOOL 40.0 0.0 X 176068 0 28567 ELIZAbeTH WOODALL DIRECTOR OF UPPER SCHOOL 40.0 0.0 X 157503 0 34829 Jennifer Simpson Director of College Advising 40.0 0.0 X 167003 0 20946 1527600 0 328579 19 false true false AVI FOODSYSTEMS INC 2590 ELM ROAD NE WARREN OH 44483 FOOD SERVICE 839972 BRAVO BUILDING SERVICE INC 29 KING GEORGE ROAD GREEN BROOK NJ 08812 CLEANING SERVICES 202453 john o'hara company inc 25 kearney street EAST ORANGE NJ 07017 construction 2081490 NORDIC CONTRACTING CO INC 111 HOWARD BOULEVARD LEDGEWOOD NJ 07852 CONSTRUCTION 281178 KSQ Architects PC 323 East Mathew Brady Street TULSA OK 74120 architects 784461 8 X 179642 5304899 2100884 5484541 TUITION AND FEES 611600 24756223 24756223 AUXILIARY SERVICES 611600 1221648 1221648 25977871 535263 535263 0 0 0 0 0 23109387 22921220 188167 188167 188167 256474 179642 260336 -3862 -3862 14000 10250 3750 3750 120071 138781 -18710 -18710 GLOBAL SERVICE LEARNING - TRIP FUNDS 900099 133766 133766 BOOK FAIR INCOME 900099 11024 11024 ETHICS INSTITUTE 900099 22731 22731 91151 91151 258672 32425692 26217833 723318 0 2975061 2975061 0 0 841104 112314 728790 0 13481219 8676965 4097561 706693 1019777 632666 319042 68069 1583410 934085 557883 91442 1005842 654696 303471 47675 0 20673 20673 57550 57550 0 0 72018 72018 31149 27499 3650 136073 16095 119978 1206750 456097 520804 229849 646138 12141 574598 59399 0 1219405 831592 386096 1717 0 0 113262 57691 55571 151144 151144 0 1795248 1795248 217114 23216 193898 TEMPORARY EMPLOYMENT EXPENSE 41311 2156 35924 3231 INSTRUCTIONAL EXPENSE 908783 908783 DINNING HALL 714916 714916 STUDENT TRANSPORTATION 124527 124527 609310 387151 195452 26707 28971784 19494043 8242959 1234782 X 8242148 3639312 0 0 4011152 4279113 275366 569934 0 0 0 0 0 0 166411 131123 622265 392464 59039090 15792631 33382945 43246459 11751692 17420523 2831210 845516 0 0 0 0 0 0 61283189 70524444 2076881 6388054 0 0 3088718 3797234 5000000 4712894 0 0 0 0 0 0 0 0 0 0 10165599 14898182 X 27728099 36905908 10551716 5708913 12837775 13011441 51117590 55626262 61283189 70524444 3453908 1054764 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19048511 1356218 1685527 467521 1137458 20485277 19179227 736099 -1115254 486081 -734520 19048511 20401497 253525 12453 443070 1045178 19179227 15253807 1353891 2024803 374618 -2143614 20401497 18291271 1543504 780712 276276 5085404 15253807 0.29000 0.64000 0.07000 true false 368323 368323 26081446 8660563 17420883 14503952 4182431 10321521 4832613 2790413 2042200 13252756 159224 13093532 43246459 0 0 X 29136570 -2975061 -2975061 32111631 72018 242043 314061 32425692 26334075 409370 409370 25924705 72018 2975061 3047079 28971784 PART XI, Line 4B INVESTMENT INCOME - $463,245 REALIZED GAIN ON INVESTMENTS - $188,167 DIRECT FUNDRAISING EXPENSES - $(260,336) DIRECT GAMING EXPENSES - $(10,250) COST OF GOODS SOLD - $(138,781) Rounding - $(2) TOTAL - $242,043 PART XI, LIne 2d FINANCIAL AID - $(2,975,061) PART XII, LINE 4B FINANCIAL AID - $2,975,061 PART XII, LINE 2D DIRECT FUNDRAISING EXPENSES - $260,336 DIRECT GAMING EXPENSES - $10,250 COST OF GOODS SOLD - $138,781 ROUNDING - $3 TOTAL - $409,370 SCHEDULE D, PART X, LINE 2 THE SCHOOL HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE (THE "IRS") AS AN ORGANIZATION DESCRIBED UNDER 501(c)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(a) OF THE CODE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AS OF JUNE 30, 2017 AND 2016, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX-RELATED INTEREST AND PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2017 AND 2016. Schedule D, Part V, line 4 The endowment supports student financial aid and other educational purposes such as professional development for faculty and staff. true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3: A STATEMENT OF POLICY IS PUBLISHED IN THE LEGAL ADVERTISEMENT SECTION OF LOCAL NEWSPAPERS. SPRING FLING 346150 124767 221383 69962 2500 148189 GOLF OUTING 89966 54875 35091 30953 8732 0 436116 179642 256474 100915 2500 156921 260336 -3862 42 NORWOOD AVENUE SUMMIT NJ 07901 true FINANCIAL AID 123 2975061 PART III, Line 1 FINANCIAL AID IS PROVIDED TO STUDENTS IN NEED IN ACCORDANCE WITH AN APPLICaTION PROCESS. X true true X X X X X X false false false false false false false false false Susan C Bosland Head of School 386107 48204 98419 532730 RITA O'CONNOR Chief Financial Officer 213518 6487 21214 241219 ADUNNI ANDERSON Director of Primary School 174348 14114 246 188708 Elizabeth Bugliari Dir of DeveloP & ALUMNAE REL 168369 20910 6722 196001 KAREN REZACH DIRECTOR OF MIDDLE SCHOOL 176068 21807 6760 204635 ELIZAbeTH WOODALL DIRECTOR OF UPPER SCHOOL 157503 19769 15060 192332 Jennifer Simpson Director of College Advising 167003 20700 246 187949 PART II, COLUMN D Non-taxable benefits for individuals listed include medical, disbility and pension benefits paid by the School. Non-taxable benefits also include a housing allowance for the head of school. A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 000000000 2013-10-04 5022087 REFINANCING BANK LOAN & RENOVATION false false false A 0 0 5022087 0 0 0 106000 0 0 1090000 3826087 0 2016 false false true true A false false false false 0 false false false true A false true false false 0 false 0 false false A true X 41 1901984 market sale X SPRING FLING DONATIONS 302 191005 MARKET VALUE X GOLF OUTING DONATIONS 6 7895 MARKET VALUE false true true PART I, Line 32b THE SCHOOL UTILIZES AN OUTSIDE BROKER TO FACILITATE THE SALE OF DONATED STOCKS. FORM 990, PART VI, SECTION B, Line 11 FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. THE FORM IS MADE AVAILABLE TO BOARD MEMBERS FOR 7 DAYS PRIOR TO FILING. FORM 990, PART VI, SECTION B, Line 12 THE HEAD OF SCHOOL MAINTAINS THE STATEMENTS OF CONFLICTS OF INTEREST. THE STATEMENTS ARE SIGNED ANNUALLY AND THE Committee on Trusteeship CHAIR FOLLOWS UP ON COMPLIANCE. NON-COMPLIANCE IS BROUGHT TO THE ATTENTION OF THE BOARD PRESIDENT FOR FURTHER FOLLOW-UP. FORM 990, PART VI, SECTION B, Line 15 THE COMPENSATION COMMITTEE, CONSISTING OF BOARD OF TRUSTEE MEMBERS, REVIEWS THE PERFORMANCE OF THE HEAD OF SCHOOL AND COMPARES COMPENSATION TO ITS PEERS BASED ON SURVEYS PERFORMED BY SCHOOL ASSOCIATIONS and independent compensation consultant. THE COMMITTEE REVIEWS THE KEY DATA AND PROVIDES A RECOMMENDATION TO THE PRESIDENT OF THE BOARD OF TRUSTEES. For key employees, the head of school determines compensation based on an annual performance review and periodically compares compensation to that of their peers based on surveys performed by school associations. FORM 990, PART VI, SECTION C, Line 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED SUBJECT TO WRITTEN REQUEST AND UPON APPROVAL BY THE BOARD OF TRUSTEES OR THEIR APPOINTED DESIGNEE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PART I, LINE 1 THE ONLY NONSECTARIAN GIRLS' DAY SCHOOL IN NJ, KENT PLACE SCHOOL PROVIDES A RIGOROUS AND FULFILLING EDUCATION FOR 600+ STUDENTS IN KINDERGARTEN THROUGH GRADE 12 WITH A COED PRESCHOOL.