2017-11-13T08:10:58-06:00 2017-06-30 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL ST STE 401 CONCORD NH 03301 990 2016-07-01 020147630 HOLDERNESS SCHOOL HOLD 6035361748 CHAPEL LANE PO BOX 1879 PLYMOUTH NH 03264 PETER HENDEL BUSINESS MANAGER 6035361748 2017-11-08 1 ORESTE J MOSCA P00366101 6032245357 74.220.235.65 2017-11-08 15:48:20 ES P 4694A12F5CAFF5805F8679F88403BABC10E3F6D9 0AA8EA05EB855E7E006997EA0C7A822EE4307BB1 2016 2017-02-10 21:41:12Z PETER HENDEL CHAPEL LANE PO BOX 1879 PLYMOUTH NH 03264 31057478 0 X HTTP://WWW.HOLDERNESS.ORG/ X 1879 NH A TRADITIONAL INDEPENDENT CO-ED BOARDING SCHOOL SERVING STUDENTS IN GRADES 9-12. 26 26 223 29 0 0 5937625 4336901 15994655 16564948 802116 1142784 0 0 22734396 22044633 3462713 3557860 0 0 9261744 9516230 0 0 1711567 7237703 7420538 19962160 20494628 2772236 1550005 91143612 96762610 14399766 13680412 76743846 83082198 HOLDERNESS SCHOOL FOSTERS EQUALLY THE RESOURCES OF THE MIND, BODY, AND SPIRIT IN THE CREATION OF A CARING COMMUNITY, INSPIRING ALL TO WORK FOR THE BETTERMENT OF HUMANKIND AND GOD'S CREATION. 0 0 15636319 3557860 16564948 LOCATED IN PLYMOUTH, NEW HAMPSHIRE, HOLDERNESS SCHOOL IS A TRADITIONAL INDEPENDENT CO-ED BOARDING SCHOOL WITH AN ENROLLMENT OF 283. SERVING GRADES 9-12, HOLDERNESS SCHOOL PROVIDES A CHALLENGING COLLEGE PREPARATORY CURRICULUM AND SPECIAL PROGRAMS IN ACADEMICS, THE ARTS, THE OUTDOORS, STUDENT LEADERSHIP, AND ATHLETICS INCLUDING WINTER SPORTS. HOLDERNESS SCHOOL FOSTERS EQUALLY THE RESOURCES OF THE MIND, BODY, AND SPIRIT IN THE CREATION OF A CARING COMMUNITY, INSPIRING ALL TO WORK FOR THE BETTERMENT OF HUMANKIND AND GOD'S CREATION.DURING THE SUMMER MONTHS THE SCHOOL HOSTS SCIENTIFIC CONFERENCES. 15636319 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 69 0 1 223 1 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X PETER HENDEL 6035361748 THE HOLDERNESS SCHOOL PLYMOUTH NH 03264 MR ANDREW DAVIS MEMBER OF BOARD 2.00 X 0 0 0 MR HARRY SHEEHY MEMBER OF BOARD 2.00 X 0 0 0 MR HOWARD BURGWELL MEMBER OF BOARD 2.00 X 0 0 0 MR THOMAS PHILLIPS MEMBER OF BOARD 2.00 X 0 0 0 MR CHRIS KEATING MEMBER OF BOARD 2.00 X 0 0 0 MS SUSAN MACGRATH MEMBER OF BOARD 2.00 X 0 0 0 MR KEVIN MATTINGLY MEMBER OF BOARD 2.00 X 0 0 0 MR CHRISTOPHER CARNEY TREASURER 3.00 X X 0 0 0 MR A ROBERT HIRSCHFELD MEMBER OF BOARD 2.00 X 0 0 0 MR NEIL REYNOLDS MEMBER OF BOARD 2.00 X 0 0 0 MR RANDOLPH DALES SECRETARY 2.00 X X 3575 0 0 MS TRACY GILLETTE MEMBER OF BOARD 2.00 X 0 0 0 MR ROBERT HALL CHAIRMAN OF BOARD 2.00 X X 0 0 0 MR GARY A SPIESS ESQ MEMBER OF BOARD 2.00 X 0 0 0 MR ROBERT KINSLEY MEMBER OF BOARD 2.00 X 0 0 0 MS VICTORIA FREI MEMBER OF BOARD 2.00 X 0 0 0 MR ANDREW SAWYER MEMBER OF BOARD 2.00 X 0 0 0 MS POPPY STAUB MEMBER OF BOARD 2.00 X 0 0 0 MR SANDER VAN OTTERLOO MEMBER OF BOARD 2.00 X 0 0 0 MS CAROLYN CULLEN MEMBER OF BOARD 2.00 X 0 0 0 MR SANDEEP ALVA MEMBER OF BOARD 2.00 X 0 0 0 MR NEALE ATTENBOROUGH MEMBER OF BOARD 2.00 X 0 0 0 MR PETER KIMBALL MEMBER OF BOARD 2.00 X 0 0 0 MR ALEX MACCORMICK MEMBER OF BOARD 2.00 X 0 0 0 MS SUSIE HAYES MEMBER OF BOARD 2.00 X 0 0 0 MR BOB CUNHA MEMBER OF BOARD 2.00 X 0 0 0 MR R PHILLIP PECK HEAD OF SCHOOL 60.00 X 277216 0 86380 MR PETER HENDEL BUSINESS MANAGER 60.00 X 184798 0 28800 MR ROBERT CALDWELL EXEC DIR FOR ADVANCEMENT 60.00 X 259503 0 20741 MR PETER BARNUM DIR LEADERSHIP GIVING 40.00 X 101290 0 26472 MS KATHLEEN KIME MAJOR GIFTS OFFICER 40.00 X 112189 0 10801 MR NIGEL FURLONGE ASSOC HEAD OF SCHOOL 40.00 X 120612 0 28218 1059183 0 201412 6 0 1 0 KNOWER ACADEMICS 85 MAIN STREET PLYMOUTH NH 03264 TUTORING 217373 FRANCONIA SKI CLUB PO BOX 462 FRANCONIA NH 03580 SKI PROGRAM 204801 FTG TECHNOLOGIES 2 BATTERYMARCH PARK QUINCY MA 02169 TECHNOLOGY SUPPORT 139642 CLAYTON DINGMAN 75 SUMMER STREET BRISTOL NH 03222 GRAPHIC DESIGN 124701 4 4336901 1455917 4336901 TUITION AND FEES 900099 15580525 15580525 SUMMER PROGRAM REVENUE 900099 543118 543118 SCHOOL ACTIVITY REVENUE 900099 441305 441305 16564948 1009852 1009852 9145477 300 9003276 9569 142201 -9269 132932 132932 22044633 16564948 0 1142784 3557860 3557860 541056 323203 217853 6854410 4615527 1195146 1043737 552763 367188 112741 72834 931065 621807 185919 123339 636936 319943 212314 104679 78059 78059 56676 56676 287903 287903 33484 456 111 32917 158723 59533 99190 144215 86427 21495 36293 294726 147363 88418 58945 1139393 1052150 87243 216402 164566 3148 48688 46590 40495 6095 250171 250171 1747901 1747901 201262 201262 RESIDENTIAL SERVICES 572425 572425 ATHLETICS 373619 373619 TUITION REMISSION 373400 373400 SUMMER PROGRAM 358327 358327 1087262 894624 107788 84850 20494628 15636319 3146742 1711567 701 701 3380827 3428233 3438091 3837376 59242 3933 154295 153218 420242 171282 55305223 20035431 34784513 35269792 46229736 51223982 2565063 2674093 110902 91143612 96762610 964654 870946 3428941 3946641 9821069 8648338 185102 214487 14399766 13680412 X 35258925 37579974 17158043 20228020 24326878 25274204 76743846 83082198 91143612 96762610 X 1550005 4757776 30571 X X 0 1 X 1 0 X 3512507 3763603 3470806 5937625 4336901 21021442 3512507 3763603 3470806 5937625 4336901 21021442 3702283 17319159 634356 551071 819950 873668 1009852 3888897 24910339 76469343 0.69530 0.84600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47275286 1140839 5592680 980418 648672 228370 52151345 47424440 3470974 -1706136 1022720 679450 211822 47275286 49381068 389276 -462153 1011119 687991 184641 47424440 44442364 780609 5711548 827004 573402 153047 49381068 40760825 1128210 4150089 837632 600271 158857 44442364 0.22870 0.44400 0.32730 0 0 1391055 1391055 49214942 16339278 32875664 4699226 3696153 1003073 35269792 DEFERRED COMPENSATION 214487 214487 X 22987216 4757775 55506 4813281 18173935 287903 3582795 3870698 22044633 16648865 0 16648865 287903 3557860 3845763 20494628 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE COMPRISED OF THE ORIGINAL VALUE OF GIFTS AND ALL SUBSEQUENT GIFTS DONATED TO THE PERMANENT ENDOWMENT TO BE USED PRIMARILY FOR SCHOLARSHIPS, FACULTY ENRICHMENT, AND PLANT MAINTENANCE. TERM AND BOARD DESIGNATED ENDOWMENT FUNDS ARE TO BE USED FOR VARIOUS PURPOSES SIMILAR TO THOSE OF THE PERMANENT ENDOWMENT FUNDS. PART X, LINE 2: THE SCHOOL HAS ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ACCORDINGLY, MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THE SCHOOL HAD MAINTAINED ITS TAX-EXEMPT STATUS, DOES NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN VALUE OF SPLIT-INTEREST AGREEMENTS 55,506. . PART XI, LINE 4B - OTHER ADJUSTMENTS: ASSISTANCE TO INDIV (SHOWN NET AGAINST PROGRAM SVC REVENUE ON FINANCIAL REP) 3,557,860. BAD DEBT EXPENSE 24,935. PART XII, LINE 4B - OTHER ADJUSTMENTS: ASSISTANCE TO INDIV (SHOWN NET AGAINST PROGRAM SVC REVENUE ON FINANCIAL REP) 3,557,860. 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 INCLUDES THIS IN ITS SCHOOL HANDBOOK. IN ADDITION, THE SCHOOL PUBLISHES THIS INFORMATION IN NEWSPAPERS THROUGH THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND. 1 FINANCIAL AID TO STUDENTS 117 3557860 FAIR MARKET VALUE FINANCIAL AID ASSISTANCE TO ATTEND HOLDERNESS SCHOOL PART I, LINE 2: FINANCIAL AID ASSISTANCE THAT IS AWARDED TO INDIVIDUAL STUDENTS WHO ATTEND THE SCHOOL IS APPLIED DIRECTLY TO EACH STUDENT'S TUITION ACCOUNT, THUS USED FOR TUITION PURPOSES ONLY. X 1 0 X X X X 0 1 0 0 0 0 0 0 0 MR R PHILLIP PECK HEAD OF SCHOOL 277216 0 0 0 0 0 73850 0 12530 0 363596 0 0 0 MR PETER HENDEL BUSINESS MANAGER 184798 0 0 0 0 0 16521 0 12279 0 213598 0 0 0 MR ROBERT CALDWELL EXEC DIR FOR ADVANCEMENT 259503 0 0 0 0 0 19644 0 1097 0 280244 0 0 0 PART I, LINE 1A ON CAMPUS HOUSING IS PROVIDED FOR THE HEAD OF SCHOOL AND BUSINESS MANAGER AND OTHER FACULTY MEMBERS WHO ALL HAVE IN-HOUSE RESIDENT RESPONSIBILITIES AND FOR THE CONVENIENCE OF HOLDERNESS SCHOOL. A NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY 020279866 2012-03-01 4500000 RENOVATION AND FURNISHING OF CAMPUS BUILDINGS 0 0 0 B NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY 020279866 2014-04-23 4500000 CAPITAL EXPENDITURES FOR CAMPUS BIOMASS SYSTEM 0 0 0 A 4500000 4500000 2011 0 0 1 1 B 293571 4500000 1600 4418422 79978 2015 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 A 1 B 1 ROBIN PECK WIFE OF R. PHILLIP PECK, HEAD OF SCHOOL 20800 EMPLOYMENT FOR THE ORGANIZATION'S TAX YEAR 0 X 54 1455917 FMV ON DONATION DATE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINAL DRAFT OF THE SCHOOL'S FORM 990 IS REVIEWED AND APPROVED BY THE FULL BOARD (INCLUDING OFFICERS) AT THEIR OCTOBER BOARD MEETING, PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE IS ANNUALLY DISTRIBUTED TO ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES OF THE SCHOOL IN THE FALL. THESE ARE REVIEWED BY THE AUDIT AND FINANCE COMMITTEE AT THEIR OCTOBER MEETING AND ANY CONFLICTS WHICH MIGHT BE CONSIDERED SERIOUS ARE BROUGHT TO THE BOARD'S ATTENTION AT ITS NEXT MEETING FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS DIRECTED THE HEAD OF SCHOOL TO HIRE AND COMPENSATE THE SENIOR MANAGEMENT BASED ON INDUSTRY BENCHMARK & PERFORMANCE EVALUATION AND REPORT BACK TO THE COMPENSATION COMMITTEE THE COMPENSATION LEVELS OF OFFICERS, KEY AND HIGHLY COMPENSATED EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE SCHOOL'S BUSINESS OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 55,506. BAD DEBT EXPENSE -24,935. FORM 990, PART XII, LINE 2C: AUDIT COMMITTEE OVERSIGHT OF THE AUDIT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.