2017-02-27T08:53:27-06:00 2016-06-30 420714325 RSM US LLP 850 CANAL STREET 4TH FLOOR STAMFORD CT 06902 990 2015-07-01 060732917 THE WHITBY SCHOOL INCORPORATED WHIT 2038698464 969 LAKE AVENUE GREENWICH CT 06831 MICHELLE SUMMERS CFO 2038698464 2017-02-23 1 DONALD J POLCHINSKI P00583238 2033273112 2015 2021-01-29 14:40:06Z MICHELLE SUMMERS 969 LAKE AVENUE GREENWICH CT 06831 17394329 0 X WWW.WHITBYSCHOOL.ORG X 1958 CT THE ORGANIZATION OPERATES AN ACCREDITED COEDUCATIONAL DAY SCHOOL 13 13 151 70 0 0 1542292 1268865 14695552 15618175 -85003 18872 446768 342840 16599609 17248752 600753 747688 0 0 10792803 11184820 0 0 480108 4321193 3945094 15714749 15877602 884860 1371150 36334816 33589104 17217191 13050006 19117625 20539098 X WHITBY INSPIRES A PASSION FOR LEARNING AND EMPOWERS EACH CHILD TO TAKE RESPONSIBILITY AS AN OPEN-MINDED PRINCIPLED CITIZEN IN A GLOBAL COMMUNITY. 0 0 12376118 747688 15650585 WHITBY IS A CO-EDUCATIONAL INDEPENDENT SCHOOL FOR STUDENTS AGES 18 MONTHS THROUGH GRADE 8. THE SCHOOL'S ACADEMICALLY FORWARD AND CHALLENGING LEARNING ENVIRONMENT UNIQUELY READIES STUDENTS TO BECOME CURIOUS, CONFIDENT AND CRITICAL-THINKING GLOBAL CITIZENS. BY COMBINING THE MONTESSORI APPROACH AND INTERNATIONAL BACCALAUREATE (IB) PROGRAM, WHITBY ENDOWS EACH STUDENT WITH DISTINCT EDUCATIONAL ADVANTAGES. THE SCHOOL PROGRAM OFFERS A THOROUGH AND PROGRESSIVE CURRICULUM INCLUSIVE OF A DYNAMIC VISUAL AND PERFORMING ARTS PROGRAM AND AN EXTENSIVE CO-CURRICULAR PROGRAM OFFERING OVER 60 COURSES INCLUSIVE OF ATHLETICS, ROBOTICS AND MODEL UNITED NATIONS. THE SCHOOL INCORPORATES COMMUNITY SERVICE INTO THE CURRICULUM. ALL 7TH AND 8TH GRADE STUDENTS PERFORM AT LEAST 10 HOURS OF COMMUNITY SERVICE PER A YEAR WITH PARTNER ORGANIZATIONS, AND HAVE AN OPPORTUNITY TO PARTICIPATE IN A SERVICE ABROAD TRIP EACH JUNE.DURING THE YEAR, 445 STUDENTS WERE ENROLLED AT WHITBY WITH 40% OF WHOM WERE INTERNATIONAL STUDENTS REPRESENTING 27 COUNTRIES. THE STUDENT TO TEACHER RATIO IS AN AVERAGE OF 5:1, ALLOWING FOR SMALL CLASSES AND DIFFERENTIATED LEARNING. 73% OF THE FACULTY HOLD GRADUATE DEGREES AND 76% ARE IB TRAINED. 12376118 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 121 0 1 151 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CT X MICHELLE SUMMERS 2038698464 969 LAKE AVENUE GREENWICH CT 06831 PATRICIA FRANKLIN CHAIR/TRUSTEE 5.00 X 0 0 0 GREGOR ANDRADE TRUSTEE 0.60 X 0 0 0 RAY BARTOSZEK TRUSTEE 0.60 X 0 0 0 ALEX BEHRING TRUSTEE 0.60 X 0 0 0 KATHLEEN HENNESSY TRUSTEE 0.60 X 0 0 0 LISA MERZON TRUSTEE 0.60 X 0 0 0 ANN MARIE PALLADINO TRUSTEE 0.60 X 0 0 0 SUHAIL RIZVI TRUSTEE 0.60 X 0 0 0 OKTAY KURBANOV TRUSTEE 0.60 X 0 0 0 MIGUEL PATRICIO TRUSTEE 0.60 X 0 0 0 NOVELLE V GRAINGER TRUSTEE 0.60 X 0 0 0 DEEPA JAVERI TRUSTEE 0.60 X 0 0 0 PETER RESNICK TRUSTEE 0.60 X 0 0 0 BRYAN NIXON HEAD OF SCHOOL 40.00 X 361741 0 123260 ROBERT CURIS CFO/DEAN OF BUS. AFFAIRS 40.00 X 92879 0 14858 SIMONE BECKER HEAD OF LOWER SCHOOL 40.00 X 169220 0 77287 JOHNATHAN CHEIN HEAD OF UPPER SCHOOL 40.00 X 132755 0 84174 TIMOTHY SCHWARTZ DIRECTOR OF INNOVATION 40.00 X 136328 0 91411 THOMAS COLEMAN DIRECTOR OF FACILITIES 40.00 X 118761 0 21811 LYNN BRUM DIRECTOR OF INST. ADVANCEM 40.00 X 148462 0 7825 NADIA MEIER DIRECTOR OF ADMISSIONS 40.00 X 117659 0 50113 1277805 0 470739 7 0 1 0 GREEN CONSTRUCTION MANAGEMENT LLC 99 HICKORY HILL DRIVE WATERBURY CT 06708 UPGRADE OF WASTE WATER TREATMENT PLANT 201462 RSM US LLP 850 CANAL STREET STAMFORD CT 06902 ACCOUNTING SERVICE 107269 APPLESEED EXPEDITIONS 39 LOGAN LANE SANTA ROSA BEACH FL 32459 INTERNATIONAL STUDENT TRAVEL 104503 3 78925 37687 1152253 22370 1268865 TUITION INCOME 611110 14921766 14921766 OTHER EDUCATION PROGRAM 611110 567229 567229 FORFEITED DEPOSITS 611110 116205 116205 APPLICATION FEES 611110 12975 12975 15618175 18872 18872 456007 37687 145577 310430 310430 OTHER INCOME 611110 32410 32410 32410 17248752 15650585 0 329302 747688 747688 1344030 771840 419950 152240 7215436 5711742 1345011 158683 271897 205955 56065 9877 1753743 1474463 237450 41830 599714 454268 123661 21785 57302 57302 168843 168843 30703 30703 158879 102457 54219 2203 34801 32365 2436 231656 173744 57912 632938 550656 63294 18988 24400 18300 6100 122835 114236 6142 2457 974851 906611 68240 138992 104244 34748 INSTRUCTIONAL AND STUDE 616400 599546 16854 EMPLOYEE SEARCH/HUMAN R 219673 164755 54918 FACULTY DEVELOPMENT 131885 109457 13485 8943 BANK AND RELATED FEES 109796 102110 5490 2196 291140 64046 185478 41616 15877602 12376118 3021376 480108 5461791 4594600 1234320 726322 5318812 15781 34539041 9193817 21464146 25345224 2703434 2772161 152313 135016 36334816 33589104 1277767 982251 13278867 9791826 2660557 2275929 17217191 13050006 X 17506134 19424163 1414131 917575 197360 197360 19117625 20539098 36334816 33589104 1371150 50323 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1911491 806380 1302936 1414935 2132303 1109000 1329812 1911491 2826507 2448601 3142805 2132303 900148 3708995 1782636 2826507 385460 826006 311318 900148 0.21000 0.14000 0.65000 0 0 39989 39989 31664064 7576987 24087077 194986 22550 172436 2640002 1594280 1045722 25345224 GOVERNMENT MONEY MARKET FUND 2772161 F 2772161 X 15949196 50323 -1349879 -1299556 17248752 0 17248752 14527723 -1349879 -1349879 15877602 0 15877602 PART V, LINE 4: $197,360 OF PERMANENTLY RESTRICTED NET ASSETS CONSISTS OF ENDOWMENT FUND INVESTMENTS TO BE HELD INDEFINITELY AS REQUIRED BY THE ORIGINAL DONORS, THE INCOME (INCLUDING REALIZED AND UNREALIZED GAINS) IS EXPENDABLE TO SUPPORT THE STIPULATED ACTIVITY. $917,575 OF TEMPORARILY RESTRICTED NET ASSETS ARE SUBJECT TO DONOR-IMPOSED STIPULATIONS SUCH AS USE FOR TECHNOLOGY, MATH, SCIENCE, ATHLETICS AND OTHER PROGRAMS. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE ON ACCOUTNING FOR UNCERTAINTY IN INCOME TAXES. THE SCHOOL EVALUATED THEIR TAX POSITIONS AS OF JUNE 30, 2016 AND 2015 AND CONCLUDED THAT THE SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND REMISSION NETTED WITH TUITION ON FINANCIAL STATEMENTS -1,349,879. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND REMISSION NETTED WITH TUITION ON FINANCIAL STATEMENTS -1,349,879. 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'S RACIAL NONDISCRIMINATORY POLICY IS REFERRED TO IN ALL ITS ADVERTISEMENTS INCLUDING LOCAL NEWSPAPERS. 1 CARRIBEAN-DOMINIC REPUBLIC 0 0 PROGRAM SERVICE EDUCATIONAL TRIP 104503 0 0 0 0 0 0 104503 0 104503 0 0 0 0 0 0 PARENT ASSOCIATION BOOKFAIR & EVENT 57074 57074 12939 21775 24394 SPRING BENEFIT 436620 37687 398933 6918 2500 44906 650 31495 493694 37687 456007 6918 2500 57845 22425 55889 145577 310430 0 FINANCIAL AID FOR TUITION ASSISTANCE 47 747688 N/A N/A FORM 990 SCHEDULE I PART IV FINANCIAL AID IS EVALUATED AND AWARDED BY A FINANCIAL AID COMMITTEE. THE FINANCIAL AID BUDGET IS 10% OF THE TUITION. FAMILIES WHO WISH TO BE CONSIDERED FOR FINANCIAL ASSISTANCE MUST COMPLETE THE FINANCIAL AID FOR SCHOOL TUITION (FAST) APPLICATION. AWARDS ARE BASED ON NEED AND AVAILABILITY OF FUNDS. X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 BRYAN NIXON HEAD OF SCHOOL 325741 0 36000 0 0 0 13250 0 110010 0 485001 0 0 0 SIMONE BECKER HEAD OF LOWER SCHOOL 144220 0 25000 0 0 0 7501 0 69786 0 246507 0 0 0 JOHNATHAN CHEIN HEAD OF UPPER SCHOOL 117755 0 15000 0 0 0 6090 0 78084 0 216929 0 0 0 TIMOTHY SCHWARTZ DIRECTOR OF INNOVATION 136328 0 0 0 0 0 6000 0 85411 0 227739 0 0 0 LYNN BRUM DIRECTOR OF INST. ADVANCEM 148462 0 0 0 0 0 7501 0 324 0 156287 0 0 0 NADIA MEIER DIRECTOR OF ADMISSIONS 117659 0 0 0 0 0 0 0 50113 0 167772 0 0 0 PART I, LINE 1A FOR THE HEAD OF SCHOOL, INCLUDED IN OTHER COMPENSATION IS HOUSING RESIDENCE FOR PERSONAL USE AND A HOUSEKEEPER. NEITHER OF THESE ARE TAXABLE BENEFITS. PART I, LINE 7 EMPLOYMENT AGREEMENT HAS A BONUS AMOUNT THAT IS BASED ON PERFORMANCE. IT IS STATED AT THE BEGINNING OF THE YEAR AS TO WHAT THE MAXIMUM AMOUNT IS AND IS EVALUATED AND PAID BASED ON ACHIEVEMENT OF AGREED UPON GOALS FOR THAT YEAR. THE BONUS IS PAID IN THE YEAR EARNED. 15275 GRANT TUITION ASSISATNCE FORM 990, PART VI, SECTION B, LINE 11 THE FULL 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND TAX COUNSEL. THE FULL BOARD REVIEWS THE 990 WITHOUT SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON SERVING AS A TRUSTEE OR OFFICER OF THE WHITBY SCHOOL IS REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH NEW PERSON SERVING AS A TRUSTEE, OFFICER OR KEY EMPLOYEE OF THE WHITBY SCHOOL IS REQUIRED TO ANNUALLY COMPLETE THE CONFLICT OF INTEREST DISCLOSURE FORM AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. THE GOVERNANCE COMMITTEE REVIEWS ALL POTENTIAL CONFLICTS OF INTEREST AND MAKES RECOMMENDATIONS TO THE BOARD IF ANY CONFLICTS ARISE FOR FURTHER DISCUSSION AND ACTION. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF COMPENSATION FOR THE HEAD OF SCHOOL AND FOR SENIOR MEMBERS OF THE FACULTY AND STAFF IS DONE INDEPENDENTLY BY, IN THE CASE OF THE HEAD OF SCHOOL'S AND CFO'S COMPENSATION, THE BOARD OF TRUSTEES AND, IN THE CASE OF OTHER SENIOR MEMBERS OF THE FACULTY AND STAFF, BY THE HEAD OF SCHOOL. COMPARABLE COMPENSATION DATA IS PART OF THE INDEPENDENT REVIEWS WITH SOURCES DRAWN FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND LOCALLY FROM INDEPENDENT SCHOOLS COMPRISING FAIRCHESTER (FAIRFIELD COUNTY, CT AND WESTCHESTER COUNTY, NY). FOR THE HEAD OF SCHOOL'S MOST RECENT MULTI-YEAR CONTRACT, THE BOARD OF TRUSTEES HAD ENGAGED AN INDEPENDENT HUMAN RESOURCE CONSULTANCY TO DO AN IN-DEPTH ANALYSIS OF THE COMPENSATION MARKET OF THAT POSITION AT COMPARABLE SCHOOLS. THE CONSULTANCY ALSO ASSISTED THE BOARD IN DETERMINING THE HEAD'S COMPENSATION PACKAGE. AS PART OF THAT ENGAGEMENT, THE CONSULTANT PROVIDED WHITBY WITH A REASONABLENESS COMPLIANCE TAX LETTER (INTERMEDIATE SANCTIONS) IN ADDITION TO THE MORE GENERAL NOTES AND OTHER CONTEMPORANEOUS DOCUMENTATION OF THE BOARD'S INDEPENDENT ANNUAL REVIEW OF THE HEAD OF SCHOOL'S COMPENSATION BEING MAINTAINED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990 PART XII, LINE 2C NO CHANGE IN PROCESS