2016-11-14T13:57:40-06:00 2016-06-30 042713795 MEYERS BROTHERS KALICKA PC 330 WHITNEY AVE SUITE 800 HOLYOKE MA 01040 990 2015-07-01 042104273 MISS HALL'S SCHOOL INC MISS 4134436401 492 HOLMES ROAD PITTSFIELD MA 01201 STACY SOTIRHOS PRESIDENT 4134436401 2016-11-14 1 RUDY M D'AGOSTINO P00962620 4135368510 2016-11-14 2015 2017-02-10 21:41:12Z STACEY SOTIRHOS 492 HOLMES ROAD PITTSFIELD MA 01201 16180804 0 X WWW.MISSHALLS.ORG X 1924 MA TO EDUCATE, INSPIRE, AND ENCOURAGE GIRLS IN GRADES 9 THROUGH 12. 26 26 151 274 425578 -89631 5521845 3206586 10439018 10412054 1680727 1378063 166066 418398 17807656 15415101 3296257 3397453 0 0 7050638 7599867 23075 25338 936198 4475771 4359654 14845741 15382312 2961915 32789 40294833 45096674 6683344 13343986 33611489 31752688 TO INSPIRE AND ENCOURAGE GIRLS IN GRADES 9 THROUGH 12 TO PURSUE THE HIGHEST STANDARDS OF LEARNING AND CHARACTER; TO CONTRIBUTE BOLDLY AND CREATIVELY TO THE COMMON GOOD; AND TO SEEK A PURPOSEFUL LIFE BASED ON HONOR, RESPECT AND PERSONAL AUTHENTICITY. 0 0 11340952 3397453 10412054 PROVIDED COLLEGE-PREPARATORY EDUCATION IN A SMALL SCHOOL SETTING. APPROXIMATELY 210 BOARDING AND DAY STUDENTS IN GRADES 9-12 CAME FROM 11 STATES AND 27 COUNTRIES. 11340952 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 118 0 1 151 1 1 1 0 0 0 0 1 1 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 MA X SUZANNE BAUMGARTEN 4134436401 492 HOLMES ROAD PITTSFIELD MA 01201 CHARLES PLATT VICE PRESIDENT 1.00 X X 0 0 0 LAURA H HARRIS BOARD OF TRUSTEES 1.00 X 0 0 0 ALICE BUTLER BURNHAM VICE PRESIDENT 1.00 X X 0 0 0 SUSAN ROWLAND CHOLLET BOARD OF TRUSTEES 1.00 X 0 0 0 BARBARA J COOPERMAN BOARD OF TRUSTEES 1.00 X 0 0 0 STACEY SOTIRHOS GONEOS PRESIDENT 1.00 X X 0 0 0 TERRY TRIEST GUYLAY BOARD OF TRUSTEES 1.00 X 0 0 0 PAULA WOOD LOUD BOARD OF TRUSTEES 1.00 X 0 0 0 CAROLINE RUTTER FRAZER BOARD OF TRUSTEES 1.00 X 0 0 0 CHRISTOPHER POPE VICE PRESIDENT 1.00 X X 0 0 0 MARTHA BULLOCK BOARD OF TRUSTEES 1.00 X 0 0 0 CORNELIA CABOT WHITING CLERK 1.00 X X 0 0 0 SUZANNE WILSON BOARD OF TRUSTEES 1.00 X 0 0 0 AMY CHURCH WOOD BOARD OF TRUSTEES 1.00 X 0 0 0 REBECCA HAJJAR BOARD OF TRUSTEES 1.00 X 0 0 0 JANE S JOUKOWSKY TREASURER 1.00 X X 0 0 0 STEPHANIE LAWLOR KADNAR BOARD OF TRUSTEES 1.00 X 0 0 0 JOY KISER BOARD OF TRUSTEES 1.00 X 0 0 0 SCOTT QUIGG BOARD OF TRUSTEES 1.00 X X 0 0 0 CAROLYN GREEN BOARD OF TRUSTEES 1.00 X 0 0 0 JENNIFER PERKINS SPEERS BOARD OF TRUSTEES 1.00 X 0 0 0 NANCY GUSTAFSON AULT BOARD OF TRUSTEES 1.00 X 0 0 0 EDITH STETSON YOVU BOARD OF TRUSTEES 1.00 X 0 0 0 ALISHA ARNOLD FOSTER BOARD OF TRUSTEES 1.00 X 0 0 0 JONATHAN POORVU BOARD OF TRUSTEES 1.00 X 0 0 0 STACY KIRK REICH BOARD OF TRUSTEES 1.00 X 0 0 0 SUZANNE BAUMGARTEN DIRECTOR OF FINANCE 50.00 X 126511 0 20118 JULIA HEATON HEAD OF SCHOOL 50.00 X 244646 0 24440 DIANE WORTIS DIRECTOR OF DEVELOPMENT 50.00 X 108764 0 20588 JULIA BRADLEY DIRECTOR OF ADMISSIONS 50.00 X 115529 0 14943 595450 0 80089 4 0 1 0 PAC GROUP LLC 126 SOUTH MAIN STREET TORRINGTON CT 06790 CONSTRUCTION/GENERAL 1522056 ARAMARK CORP 27310 NETWORK PLACE CHICAGO IL 60673 FOOD SERVICE 714930 FLANSBURG ASSOCIATES 77 NORTH WASHINGTON ST BOSTON MA 02114 ARCHITECT 507110 PROGRAM MANAGEMENT GROUP LLC 42 BROCKWAY ROAD WOODSTOCK CT 06282 CONSTRUCTION MANAGEMENT 121443 COHEN KINNE VALICENTI COOK 28 NORTH STREET PITTSFIELD MA 01201 ATTORNEYS 110031 5 3206586 172324 3206586 TUITION & FEES 611600 10376327 10376327 STUDENT FEES 611600 19022 19022 STUDENT ACTIVITY FEES 611710 16705 16705 10412054 212704 212704 1906031 740672 1165359 1165359 1165359 2730 25031 -22301 -22301 SUMMER BOARDING 721310 423253 423253 SCHOOL STORE 611600 15121 15121 OTHER 721310 2325 2325 440699 15415101 10412054 425578 1370883 2806513 2806513 590940 590940 422404 422404 5555210 3901711 1144709 508790 273414 185775 65685 21954 934544 580308 285659 68577 414295 281499 99530 33266 36500 36500 25338 25338 73694 73694 65354 65354 24923 24923 421889 249940 141082 30867 122804 47878 59026 15900 344041 306197 27523 10321 174968 105935 6444 62589 18473 18473 804494 627505 136764 40225 129655 129655 FOOD SERVICE 942899 942899 CONTRACTED SERVICES 396405 311832 68331 16242 STUDENT ACTIVITIES 257375 257375 MISCELLANEOUS 164846 164846 381334 144645 159483 77206 15382312 11340952 3105162 936198 4894 4110 2016319 884934 5684744 3684406 35626 91221 44990 41791 150124 143930 38734887 11007701 19507112 27727186 10517837 9800870 2129246 2524485 203941 193741 40294833 45096674 1145959 1231073 3849436 3977064 50000 6351619 128176 88427 1509773 7020 0 1688783 6683344 13343986 X 11256472 11116541 5032831 3456082 17322186 17180065 33611489 31752688 40294833 45096674 X 32789 -1849791 -41799 X X 0 1 X 1 0 X 8224336 3109235 8338438 5512270 3196707 28380986 8224336 3109235 8338438 5512270 3196707 28380986 12018044 16362942 300068 362896 409535 314093 212704 1599296 29980282 97887 0.54580 0.51730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 12647083 815258 -301816 835170 12325355 19452405 705802 -282513 6981661 246950 12647083 17174930 729895 2576580 792000 237000 19452405 15906224 1274319 1759427 1765040 17174930 15932727 1141185 -306536 861152 15906224 0.00000 0.99650 0.00350 0 0 457932 457932 25719774 9191399 16528375 2435099 1816302 618797 10122082 10122082 27727186 ALTERNATIVE INVESTMENTS 1138938 F FIXED INCOME FUNDS 178020 F CASH AND CASH EQUIVALENTS 1207527 F 2524485 CONSTRUCTION COSTS PAYABLE 1688783 1688783 X 10101635 -1849791 17351 -1832440 11934075 73694 3407332 3481026 15415101 11960436 49271 49271 11911165 73694 3397453 3471147 15382312 PART IV, LINE 2B: THE BALANCES INCLUDED IN AGENCY FUNDS PAYABLE REPRESENT FUNDS PLACED ON DEPOSIT WITH THE SCHOOL AS CUSTODIAN. PART V, LINE 4: THE ENDOWMENT FUND IS AN INVESTMENT PORTFOLIO COMPRISED OF DONOR-RESTRICTED AND BOARD- DESIGNATED ENDOWMENT FUNDS. ITS PURPOSE IS TO GENERATE A TOTAL RETURN THAT PRESERVES THE VALUE OF THE DONOR RESTRICTED FUNDS AFTER INFLATION & PROVIDE A RELATIVELY PREDICTABLE REVENUE STREAM TO BE USED FOR PURPOSES THAT REFLECT OUR MISSION. PART X, LINE 2: PER FINANCIAL STATEMENT FOOTNOTES: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX PROVISIONS REQUIRING ACCOUNTING RECOGNITION. MISS HALL'S SCHOOL'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER JUNE 30, 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: VALUATION DISCOUNT ON MINERAL DEED -31,920. RECLASS EARLY PAY TUITION DISCOUNT 24,240. RECLASS SPECIAL EVENT EXPENSE AGAINST REVENUE 25,031. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINACIAL AID GRANTS AND ALLOCATIONS NETTED WITH REVENUES FOR F/S 3,397,453. BAD DEBTS 9,879. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS EARLY PAY TUITION DISCOUNT 24,240. RECLASS SPECIAL EVENT EXPENSE AGAINST REVENUE 25,031. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS AND ALLOCATIONS 3,397,453. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLICATIONS, APPLICATIONS, REGISTRATION FORMS, NEWSPAPER ADVERTISEMENTS AND SUMMER PROGRAMS MAKE REFERENCE TO THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY. 1 MIDDLE EAST & NORTH AFRICA 0 1 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 15759 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 12334 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 13992 CANADA AND MEXICO 0 1 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 5947 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 1 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 11976 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES FOR FUNDRAISING. 48501 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 1138938 0 7 0 0 0 7 1247447 0 1247447 STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. EAST ASIA AND THE PACIFIC - 10 197820 CREDIT TO TUITION BALANCE STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 37050 CREDIT TO TUITION BALANCE STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION EUROPE (INCLUDING ICELAND & GREENLAND) - 5 131250 CREDIT TO TUITION BALANCE STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 4 150170 CREDIT TO TUITION BALANCE STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 3 70500 CREDIT TO TUITION BALANCE BOOK SCHOLARSHIP EAST ASIA AND THE PACIFIC 1 600 CREDIT TOWARD BOOK FEE STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. CANADA, MEXICO 1 3550 CREDIT TO TUITION BALANCE 0 0 1 0 0 0 PART I, LINE 2: FINANCIAL AID IS AWARDED TO STUDENTS QUALIFYING FOR FINANCIAL GRANTS AND ARE BASED SOLELY ON DEMONSTRATED FINANCIAL NEED AS REPORTED THROUGH SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSSFA) APPLICATIONS. TWO MERIT BASED SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO HAVE EXCELLENT ACADEMIC CREDENTIALS. A LISTING OF GRANT RECIPIENTS IS MONITORED AND AVAILABLE AT THE SCHOOL. AWARDS ARE CREDITED AGAINST THE STUDENT'S TUITION. PART I, LINE 3: EXPENSES REPORTED RELATE TO EMPLOYEE TRAVEL AND CONSULTANTS WORKING OVERSEAS TO RECRUIT STUDENTS TO ATTEND THE SCHOOL. THESE EXPENSES ARE TRACKED BY THE SCHOOL AND REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. THE VALUE OF INVESTMENTS REPORTED IN COLUMN F IS BASED ON THE FAIR MARKET VALUE AS OF JUNE 30,2016, IN ACCORDANCE WITH US GAAP. PART III, COL (C): THE NUMBER OF RECIPIENTS WAS BASED ON RESIDENCE OF THE STUDENT WHEN THE EDUCATIONAL ASSISTANCE WAS AWARDED. A LISTING OF GRANT RECIPIENTS IS MONITORED AND AVAILABLE AT THE SCHOOL. X X X X X X 1 GRAHAM-PELTON ASSOCIATES INC 39 BEECHWOOD ROAD SUMMIT NJ 07901 CONSULTING REGARDING FUNDRAISING 0 0 25338 -25338 25338 -25338 MA 1 STUDENT FINANCIAL AID/RESIDENT TUITION 44 1435871 STUDENT FINANCIAL AID/DAY TUITION 51 861953 STUDENT FINANCIAL AID/OTHER 5 8309 SCHOLARSHIPS 28 240658 TUITION REMISSION 8 259680 PART I, LINE 2: REQUEST FOR FINANCIAL ASSISTANCE ARE SUBMITTED THROUGH STUDENT SERVICE FOR FINANCIAL AID (SSSFA), AN ORGANIZATION OPERATED BY THE NATIONAL ASSOCIATION OF INDEPDENDENT SCHOOLS. MISS HALL'S RECEIVES A REPORT DETAILING THE AMOUNT OF FINANCIAL NEED AS DETERMINED BY SSSFA. FINANCIAL ASSISTANCE AWARDS ARE BASED ON THIS REPORT. IN ADDITION, AN INTERNATIONAL ASSIST PROGRAM SENDS STUDENTS TO THE SCHOOL FROM FOREIGN COUNTRIES. ASSIST ALSO DETERMINES THE FINANCIAL NEED OF THOSE STUDENTS. X X X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 JULIA HEATON HEAD OF SCHOOL 244646 0 0 0 0 0 11000 0 13440 0 269086 0 0 0 PART I, LINE 1A THE CURRENT HEAD OF SCHOOL AND DEAN OF ACADEMICS AND FACULTY ARE REQUIRED AS A CONDITION OF EMPLOYMENT TO BE RESIDENTS OF THE SCHOOL'S BOARDING COMMUNITY IN ORDER TO PERFORM THEIR DUTIES AND BE AVAILABLE TO FACULTY AND STUDENTS. AS ON CAMPUS HOUSING WAS A CONDITION OF EMPLOYMENT, IT HAS BEEN EXCLUDED FROM THE W-2 FORMS AS A TAX-FREE BENEFIT UNDER SEC. 119. KEY EMPLOYEES HAVE SMALL DISCRETIONARY SPENDING ACCOUNTS FOR BUSINESS USE. PART I, LINE 1B THE HEAD OF THE SCHOOL IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. THE HEAD OF THE SCHOOL PERFORMS A SIGNIFICANT AMOUNT OF BUSINESS SERVICES IN THE RESIDENCE, INCLUDING EVENTS FOR EMPLOYEES, FAMILIES, ALUMNAE, AND DONORS. IT IS ALSO NECESSARY FOR THE HEAD OF SCHOOL TO BE A PART OF THE RESIDENTIAL COMMUNITY OF THE SCHOOL IN ORDER TO OVERSEE AND CONNECT TO THE RESIDENT STUDENTS AND EMPLOYEES. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2015-05-27 10000000 BUILDINGS AND STRUCTURES 0 0 0 A 10000000 43200 203941 6104478 3648381 0 0 0 1 A 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 1 A 1 X 12 172324 MARKET QUOTATIONS 0 0 1 1 PART I, LINE 32B: A THIRD PARTY ORGANIZATION IS USED TO SELL SECURITIES RECEIVED AS CONTRIBUTIONS. PART I, LINE 10 B: THE NUMBER OF SEPARATE STOCK CONTRIBUTIONS HAS BEEN REPORTED. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE REVIEWED BY SUZANNE BAUMGARTEN, DIRECTOR OF FINANCE AND OPERATIONS, NANCY AULT, TRUSTEE AND CHAIR OF AUDIT COMMITTEE, AND AT LEAST ONE OFFICER OF THE CORPORATION. AN ELECTRONIC COPY OF FORM 990 WILL THEN BE MAILED TO EACH MEMBER OF THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO THE FILING OF THE 990. HARD COPIES OF FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL REQUIRES EACH MEMBER OF THE BOARD OF TRUSTEES TO COMPLETE THE CONFLICT OF INTEREST STATEMENT ANNUALLY. ANY BOARD MEMBER THAT HAS A POTENTIAL CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING ON A PARTICULAR ISSUE. FORM 990, PART VI, SECTION B, LINE 15 MHS USES OUTSIDE SOURCES FOR BENCHMARKING COMPENSATION LEVELS INCLUDING THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS), ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND (AISNE), AS WELL AS PUBLIC SCHOOL COMPENSATION DATA. COMPENSATION FOR ALL TOP MANAGEMENT POSITIONS WAS BENCHMARKED IN DECEMBER 2014 USING NAIS AND OTHER INDUSTRY STATISTICS. MHS STRIVES TO MAINTAIN A COMPETITIVE SALARY AND BENEFITS PACKAGE. THEREFORE, OUR PACKAGE IS REGULARLY REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES, AS DATA IS AVAILABLE, FOR REASONABLENESS AND COMPETITIVE WEIGHT. THE SALARY AND BENEFITS OF THE HEAD OF SCHOOL ARE SET BY THE BOARD OF TRUSTEES. COMPENSATION FOR ALL OTHER EMPLOYEES IS SET BY THE HEAD OF SCHOOL AND APPROVED BY THE BOARD OF TRUSTEES ANNUALLY. THE CONSIDERATIONS AND DELIBERATIONS ON DETERMINING SALARY ARE DOCUMENTED BY THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 ALL FORMS ARE MADE AVAILABLE TO PUBLIC INSPECTION UPON WRITTEN REQUEST MADE TO THE BUREAU OFFICE. FORM 990, PART XI, LINE 9: VALUATION DISCOUNT ON MINERAL DEED -31,920. BAD DEBTS -9,879. FORM 990, PART XII, LINE 2C THE OVERSIGHT & SELECTION PROCESS HAS NOT CHANGED DURING THE FISCAL YEAR.