2016-11-03T07:19:21-05:00 2016-06-30 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL ST STE 401 CONCORD NH 03301 990 2015-07-01 020147630 HOLDERNESS SCHOOL HOLD 6035361748 CHAPEL LANE PO BOX 1879 PLYMOUTH NH 03264 PETER HENDEL BUSINESS MANAGER 6035361748 2016-10-28 1 ORESTE J MOSCA P00366101 6032245357 2015 2017-02-10 21:41:12Z PETER HENDEL CHAPEL LANE PO BOX 1879 PLYMOUTH NH 03264 29620228 0 X HTTP://WWW.HOLDERNESS.ORG/ X 1879 NH LOCATED IN PLYMOUTH, NEW HAMPSHIRE, HOLDERNESS SCHOOL IS A TRADITIONAL INDEPENDENT CO-ED BOARDING SCHOOL WITH AN ENROLLMENT OF 278. 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. 30 29 240 29 0 0 3470806 5937625 15420018 15994655 619226 802116 0 0 19510050 22734396 3249682 3462713 0 0 9058546 9261744 0 0 1827991 6880491 7237703 19188719 19962160 321331 2772236 89531088 91143612 13429749 14399766 76101339 76743846 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 15189114 3462713 15994655 PRIVATE SECONDARY SCHOOL WHICH SERVICED 278 STUDENTS IN GRADES 9-12 DURING THE LAST YEAR, TEACHING SUBJECTS USUALLY TAUGHT IN PUBLIC SCHOOLS. DURING THE SUMMER MONTHS THE SCHOOL HOSTS SCIENTIFIC CONFERENCES. 15189114 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 72 0 1 240 1 0 0 0 0 0 0 0 0 0 0 X 30 29 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 HARRY SHEEHY MEMBER OF BOARD 2.00 X 0 0 0 MS SUSAN PAINE MEMBER OF BOARD 2.00 X 0 0 0 MR THOMAS PHILLIPS MEMBER OF BOARD 2.00 X 0 0 0 MR JAMES HAMBLIN MEMBER OF BOARD 4.00 X 0 0 0 MR PETER NORDBLOM MEMBER OF BOARD 2.00 X 0 0 0 MS JAN HAUSER 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 RUSSELL CUSHMAN MEMBER OF BOARD 2.00 X 0 0 0 MR RICHARD NESBITT MEMBER OF BOARD 2.00 X 0 0 0 MR IAN SANDERSON MEMBER OF BOARD 2.00 X 0 0 0 MS JENNIFER ALFOND SEEMAN MEMBER OF BOARD 2.00 X 0 0 0 MS GRACE MACOMBER BIRD MEMBER OF BOARD 2.00 X 0 0 0 MR RANDOLPH DALES SECRETARY 2.00 X X 16575 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 JON BAUM MEMBER OF BOARD 2.00 X 0 0 0 MR GARY A SPIESS ESQ MEMBER OF BOARD 2.00 X 0 0 0 MR JEROME THOMAS 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 R PHILLIP PECK HEAD OF SCHOOL 60.00 X 275657 0 108682 MR PETER HENDEL BUSINESS MANAGER 60.00 X 173136 0 46875 MR ROBERT CALDWELL EXEC DIR FOR ADVANCEMENT 60.00 X 195560 0 43180 MR PETER BARNUM DIR LEADERSHIP GIVING 40.00 X 105798 0 25659 MS KATHLEEN KIME MAJOR GIFTS OFFICER 40.00 X 105701 0 9881 MR ANTHONY LEMENAGER DIR OF FACILITIES 40.00 X 102145 0 9551 974572 0 243828 6 0 1 0 CLAYTON DINGMAN 75 SUMMER STREET BRISTOL NH 03222 GRAPHIC DESIGN 244116 1 5937625 950698 5937625 TUITION AND FEES 900099 14877555 14877555 SUMMER PROGRAM REVENUE 900099 575941 575941 SCHOOL ACTIVITY REVENUE 900099 541159 541159 15994655 873668 873668 6814080 200 6885832 0 -71752 200 -71552 -71552 22734396 15994655 0 802116 3462713 3462713 526042 313846 212196 6551478 4465453 1050806 1035219 522989 353163 93329 76497 1073047 730646 175433 166968 588188 303638 195835 88715 78159 78159 57019 57019 306500 306500 51864 15010 3750 33104 188995 68850 120145 129085 58634 19865 50586 302762 151381 90829 60552 1229361 1148514 80847 215193 139583 2800 72810 49190 37077 12113 270019 270019 1476633 1476633 178648 178648 RESIDENTIAL SERVICES 616562 616562 ATHLETICS 422084 422084 TUITION REMISSION 398250 398250 SUMMER PROGRAM 382347 382347 885032 681807 91943 111282 19962160 15189114 2945055 1827991 648 701 4821311 3380827 2122333 3438091 15410 59242 153039 154295 206597 420242 53201623 18417110 31877636 34784513 47765293 46229736 2501756 2565063 67065 110902 89531088 91143612 1476680 964654 4087032 3428941 7746637 9821069 119400 185102 13429749 14399766 X 34557044 35258925 19473714 17158043 22070581 24326878 76101339 76743846 89531088 91143612 X 2772236 -2192771 63042 X X 0 1 X 1 0 X 2144351 3512507 3763603 3470806 5937625 18828892 2144351 3512507 3763603 3470806 5937625 18828892 18828892 547669 634356 551071 819950 873668 3426714 22255606 73526322 0.84600 0.84890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 46321896 351120 -4340802 795489 613377 162523 40760825 0.22970 0.47020 0.30010 0 0 424972 424972 48219652 14891047 33328605 4556999 3526063 1030936 34784513 DEFERRED COMPENSATION 185102 185102 X 16835454 -2192771 63307 -2129464 18964918 306500 3462978 3769478 22734396 16192947 0 16192947 306500 3462713 3769213 19962160 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 (FASB ASC 740). 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 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN VALUE OF SPLIT-INTEREST AGREEMENTS 63,307. PART XI, LINE 4B - OTHER ADJUSTMENTS: ASSISTANCE TO INDIV (SHOWN NET AGAINST PROGRAM SVC REVENUE ON FINANCIAL REP) 3,462,713. BAD DEBT EXPENSE 265. PART XII, LINE 4B - OTHER ADJUSTMENTS: ASSISTANCE TO INDIV (SHOWN NET AGAINST PROGRAM SVC REVENUE ON FINANCIAL REP) 3,462,713. 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 95 3462713 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 275657 0 0 0 0 0 74465 0 34217 0 384339 0 0 0 MR PETER HENDEL BUSINESS MANAGER 173136 0 0 0 0 0 17481 0 29394 0 220011 0 0 0 MR ROBERT CALDWELL EXEC DIR FOR ADVANCEMENT 195560 0 0 0 0 0 37803 0 5377 0 238740 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 3246637 CAPITAL EXPENDITURES FOR CAMPUS BIOMASS SYSTEM 0 0 0 C NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY 020279866 2015-08-01 3000000 ICK RINK CONSTRUCTION 0 0 0 A 4500000 2011 0 0 1 1 B 1600 3165059 79978 2015 0 0 0 1 C 3000000 2015 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 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 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 ROBIN PECK WIFE OF R. PHILLIP PECK, HEAD OF SCHOOL 20800 EMPLOYMENT FOR THE ORGANIZATION'S TAX YEAR 0 X 49 950698 FMV ON DONATION DATE X FURNITURE/DECOR 1 4623 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINAL DRAFT OF THE SCHOOL'S FORM 990 IS REVIEWED AND APPROVED BY THE FULL BOARD AT THEIR OCTOBER BOARD MEETING. 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 63,307. BAD DEBT EXPENSE -265. 990, PART XII, LN 2C AUDIT COMMITTEE OVERSIGHT OF THE AUDIT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.