2017-02-14T14:31:14-06:00 2016-06-30 EISNERAMPER LLP 111 WOOD AVE SO STE 600 ISELIN NJ 088302700 990 2015-07-01 221487233 Kent Place School % RITA O'CONNOR KENT 9082730900 42 NORWOOD AVENUE SUMMIT NJ 07901 RITA O'CONNOR cfo 9082730900 2017-02-15 true MICHAEL SOMER P00094591 7322437000 2015 2021-01-29 14:40:06Z RITA O'CONNOR 42 NORWOOD AVENUE SUMMIT NJ 07901 38645037 false X www.kentplace.org X 1894 NJ 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. 28 26 359 525 0 4676494 6210922 24769570 25391770 663984 -374446 342327 572681 30452375 31800927 2842091 2951401 0 0 16966376 17222546 0 0 969045 8049020 8618167 27857487 28792114 2594888 3008813 58782695 61283189 9999550 10165599 48783145 51117590 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. false false 19377544 2951401 25931705 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. 19377544 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 true 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 75 1 true 359 true false false false false false true true false false false false X 28 26 false false false false false false false true true false false true true true true true true true true false X RITA O'CONNOR 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 Megan McConnell Brozowski Trustee 2.0 0.0 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 ASTRI B KIMBALL 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 ANN MILLS 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 370401 0 145728 DORA GRAGG TRUSTEE 2.0 0.0 X 77474 0 33727 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 JENNIFER GROGAN TRUSTEE 2.0 0.0 X 0 0 0 Abimbola Lawrence-Oloko TRUSTEE 2.0 0.0 X 0 0 0 David Wyshner TRUSTEE 2.0 0.0 X 0 0 0 RITA O'CONNOR Chief Financial Officer 40.0 0.0 X 201846 0 26985 ADUNNI ANDERSON Director of Primary School 40.0 0.0 X 170249 0 8937 Elizabeth Bugliari Dir of DeveloP & ALUMNAE REL 40.0 0.0 X 163890 0 20382 KAREN REZACH DIRECTOR OF MIDDLE SCHOOL 40.0 0.0 X 172026 0 28090 ELIZAbeTH WOODALL DIRECTOR OF UPPER SCHOOL 40.0 0.0 X 152953 0 34310 Jennifer Simpson Director of College Advising 40.0 0.0 X 158128 0 31521 1466967 0 329680 17 false true false AVI FOODSYSTEMS INC 2590 ELM ROAD NE WARREN OH 44483 FOOD SERVICE 761431 BRAVO BUILDING SERVICE INC 29 KING GEORGE ROAD GREEN BROOK NJ 08812 CLEANING SERVICES 193232 KSQ ARCHITECTS PC 323 East Mathew Brady Street TULSA OK 74120 ARCHITECTS 352826 John O'Hara Company Inc 25 KEARNEY STREET EAST ORANGE NJ 07017 CONSTRUCTION 159659 E Fuschetto Landscaping Trees 99 BRIAR HILLS CIRCLE SPRINGFIELD NJ 07081 LANDSCAPING 127705 5 X 220157 5990765 835520 6210922 TUITION AND FEES 611600 24096891 24096891 AUXILIARY SERVICES 611600 1294879 1294879 25391770 510834 510834 0 0 0 0 0 5599410 6484690 -885280 -885280 -885280 244638 220157 231442 13196 13196 29800 10250 19550 19550 119545 117728 1817 1817 GLOBAL SERVICE LEARNING - TRIP FUNDS 900099 412730 412730 BOOK FAIR INCOME 900099 11187 11187 ETHICS INSTITUTE 900099 16910 16910 97291 97291 538118 31800927 25931705 -341700 0 2951401 2951401 0 0 819305 118802 700503 0 12953571 8568240 3884261 501070 953920 621881 287206 44833 1524415 924670 538232 61513 971335 643638 293961 33736 0 7388 7388 57021 57021 0 0 0 45780 39830 5950 142319 14747 127572 1246736 468918 551748 226070 664952 9204 655748 0 1185721 790481 341648 53592 0 0 122048 58179 60756 3113 152500 152500 0 1726162 1726162 222358 22486 199872 TEMPORARY EMPLOYMENT EXPENSE 36581 10006 9153 17422 INSTRUCTIONAL EXPENSE 910944 910944 DINNING HALL 684582 684582 STUDENT TRANSPORTATION 141929 141929 1271146 518944 724506 27696 28792114 19377544 8445525 969045 X 3463399 8242148 0 0 3569599 4011152 200031 275366 0 0 0 0 0 0 215322 166411 664524 622265 47380328 13997383 32306082 33382945 15163295 11751692 3200443 2831210 0 0 0 0 0 0 58782695 61283189 1936565 2076881 0 0 3062985 3088718 5000000 5000000 0 0 0 0 0 0 0 0 0 0 9999550 10165599 X 27270579 27728099 8891682 10551716 12620884 12837775 48783145 51117590 58782695 61283189 3008813 -674368 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19179227 736099 -1115254 486081 -734520 19048511 20401497 253525 12453 443070 1045178 19179227 15253807 1353891 2024803 374618 -2143614 20401497 18291271 1543504 780712 276276 5085404 15253807 14934472 3594543 118585 285884 70445 18291271 0.29000 0.67000 0.04000 true false 368323 368323 26081446 8017050 18064396 14118729 3539766 10578963 4606188 2313814 2292374 2205642 126753 2078889 33382945 0 0 X 29583392 -2951401 -2951401 32534793 -733866 -733866 31800927 26200133 359420 359420 25840713 2951401 2951401 28792114 PART XI, Line 4B INVESTMENT INCOME - $510,834 REALIZED LOSS ON INVESTMENTS - $(885,280) DIRECT FUNDRAISING EXPENSES - $(231,442) DIRECT GAMING EXPENSES - $(10,250) COST OF GOODS SOLD - $(117,728) TOTAL - $(733,866) PART XI, LIne 2d FINANCIAL AID - $(2,951,401) PART XII, LINE 4B FINANCIAL AID - $2,951,401 PART XII, LINE 2D DIRECT FUNDRAISING EXPENSES - $231,442 DIRECT GAMING EXPENSES - $10,250 COST OF GOODS SOLD - $117,728 TOTAL - $359,420 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, 2016 AND 2015, 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, 2016 AND 2015. 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 391972 177988 213984 60653 7500 128973 GOLF OUTING 72823 42169 30654 28605 5711 0 464795 220157 244638 89258 7500 134684 231442 13196 29800 10000 250 29800 10000 250 10250 19550 NJ true false false false 1.00000 KELLY DAAB 42 NORWOOD AVENUE SUMMIT NJ 07901 false Elizabeth Bugliari General Raffle Oversight X false true FINANCIAL AID 120 2951401 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 370401 0 0 0 0 0 46800 0 98928 0 516129 0 0 0 RITA O'CONNOR Chief Financial Officer 201846 0 0 0 0 0 6487 0 20498 0 228831 0 0 0 ADUNNI ANDERSON Director of Primary School 170249 0 0 0 0 0 8621 0 316 0 179186 0 0 0 Elizabeth Bugliari Dir of DeveloP & ALUMNAE REL 163890 0 0 0 0 0 13600 0 6782 0 184272 0 0 0 KAREN REZACH DIRECTOR OF MIDDLE SCHOOL 172026 0 0 0 0 0 21275 0 6815 0 200116 0 0 0 ELIZAbeTH WOODALL DIRECTOR OF UPPER SCHOOL 152953 0 0 0 0 0 19249 0 15061 0 187263 0 0 0 Jennifer Simpson Director of College Advising 158128 0 0 0 0 0 20147 0 11374 0 189649 0 0 0 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 29 645313 market sale X SPRING FLING DONATIONS 321 185443 MARKET VALUE X golf outing donations 9 4764 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 III, Line 1 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 TO DEVELOP RESPECT FOR HERSELF AND OTHERS IN THE GLOBAL COMMUNITY. 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.