2016-01-26T13:22:55-06:00 2015-06-30 061009205 BLUM SHAPIRO & COMPANY PC 29 SOUTH MAIN STREET WEST HARTFORD CT 061272000 990 2014-07-01 061229222 KING LOW HEYWOOD THOMAS SCHOOL INC KING 2033223496 1450 NEWFIELD AVENUE STAMFORD CT 06905 KIMBERLY LEEKER ASSISTANT HEAD, FINANCE & OPERATION 2033223496 2016-01-14 1 ELIZABETH SOLECKI P00235171 8605614000 2016-01-14 2014 2016-04-25 22:37:26Z KIMBERLY LEEKER 1450 NEWFIELD AVENUE STAMFORD CT 06905 50342272 0 X WWW.KLHT.ORG X 1988 CT KING LOW HEYWOOD THOMAS SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL SERVING 695 CHILDREN FROM PRE-K TO GRADE 12. 24 24 298 175 0 0 3127618 4502716 25324506 26942247 589045 657093 374277 31656 29415446 32133712 2425356 2615200 0 0 16014248 17074990 0 0 604940 8225803 9160040 26665407 28850230 2750039 3283482 76475926 78931617 21954063 21573731 54521863 57357886 KING IS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL SERVING STUDENTS FROM PRE-KINDERGARTEN THROUGH GRADE 12. KING IS A DIVERSE, VIBRANT LEARNING COMMUNITY DEDICATED TO EDUCATIONAL EXCELLENCE AND THE FULLEST ACADEMIC AND PERSONAL ACHIEVEMENT OF OUR STUDENTS. 0 0 24261474 2615200 26942247 PROVIDED EDUCATION FOR CHILDREN AGES PRE-SCHOOL THROUGH GRADE 12 AND PROVIDED SUMMER CAMP PROGRAMS. APPROXIMATELY 695 STUDENTS ATTENDED THIS SCHOOL FOR THE FISCAL YEAR ENDED JUNE 30, 2015. 24261474 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 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 87 0 1 298 1 0 0 0 0 0 0 0 0 0 0 X 24 24 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 X KIMBERLY LEEKER KING LOW HEYWOOD THOMAS SCHOOL 2033223496 1450 NEWFIELD AVENUE STAMFORD CT 06905 LOUIS PAGLIA PRESIDENT 10.00 X X 0 0 0 THOMAS J CONHEENEY VICE PRESIDENT 5.00 X X 0 0 0 GERALD KNORR TREASURER 3.00 X X 0 0 0 FREDERICK S GOLD SECOND VICE PRESIDENT 3.00 X X 0 0 0 SUSAN MIRZA SECRETARY 3.00 X X 0 0 0 LINDA PETRONE TRUSTEE 2.00 X 0 0 0 PEGGY BEWKES TRUSTEE 2.00 X 0 0 0 ELLEN ADAMS TRUSTEE 2.00 X 0 0 0 ROBERT HOLTZ TRUSTEE 2.00 X 0 0 0 CRAIG BURNS TRUSTEE 2.00 X 0 0 0 EDWARD CESARE TRUSTEE 2.00 X 0 0 0 ADAM DE CHIARA TRUSTEE 2.00 X 0 0 0 DONNA FARBER TRUSTEE 2.00 X 0 0 0 KEITH FLEISCHMAN TRUSTEE 2.00 X 0 0 0 HELEN JAFFE TRUSTEE 2.00 X 0 0 0 RICH GOLDMAN TRUSTEE 2.00 X 0 0 0 CHRIS MILLERCHIP TRUSTEE 2.00 X 0 0 0 SCOTT MITCHELL TRUSTEE 2.00 X 0 0 0 MOIRA SNOVER TRUSTEE 2.00 X 0 0 0 EDWARD ORENSTEIN TRUSTEE 2.00 X 0 0 0 ALISA SAVITZ TRUSTEE 2.00 X 0 0 0 KELLY WHEELER TRUSTEE 2.00 X 0 0 0 AMY SILBERFEIN TRUSTEE 2.00 X 0 0 0 TIM TULLY TRUSTEE 2.00 X 0 0 0 THOMAS B MAIN HEAD OF SCHOOL 40.00 X 434537 0 201853 KIM LEEKER ASST. HEAD, FINANCE AND OPERATIONS 40.00 X 283293 0 60577 KAREN RAIDT HEAD OF LOWER SCHOOL 40.00 X 139504 0 79603 BENNETT HOKE DIRECTOR OF INSTITUTIONAL 40.00 X 170649 0 17806 ALEX WEINER ASSOCIATE HEAD OF SCHOOL, ACADEMICS & DEAN OF FACU 40.00 X 141510 0 58435 MARNIE SADLOWSKY HEAD OF UPPER SCHOOL 40.00 X 133099 0 33996 CARRIE SALVATORE DIRECTOR OF ADMISSION & FINANCIAL AID 40.00 X 133358 0 18634 1435950 0 470904 15 0 1 0 THE WHITING TURNER CONTRACTING COMPANY PO BOX 17596 BALTIMORE MD 21297 CONSTRUCTION SERVICES 1695534 SODEXO INC & AFFILIATES PO BOX 81049 WOBURN MA 01813 FACILITIES MAINTENANCE 1174920 FLIK INDEPENDENT SCHOOLS BY CHARTWELL PO BOX 9337 CHICAGO IL 60693 FOOD SERVICES 891469 ROGER FERRIS & PARTNERS LLC 285 RIVERSIDE AVENUE WESTPORT CT 06880 ARCHITECTURAL SERVICES 341060 GROSSO CUSTOM BUILDERS 86 SHERIDAN ST STRATFORD CT 06615 CONSTRUCTION SERVICES 326555 20 4502716 197075 4502716 TUITION & PROGRAM FEES 611600 26942247 26942247 26942247 753804 753804 17878524 17878524 96711 0 -96711 -96711 -96711 264790 233325 31465 31465 GAIN IN CSV OF INS. 611600 1517 1517 GAIN (LOSS) ON ANNUITY 611600 -1326 -1326 191 32133712 26942247 0 688749 2615200 2615200 908351 908351 11710297 10021026 1451709 237562 666257 603793 48654 13810 3003051 2779416 183263 40372 787034 641435 129215 16384 33779 33779 78127 78127 183673 165306 18367 1850152 1665137 185015 29744 14872 14872 188534 169680 18854 2535444 2281900 253544 346394 311755 34639 EDUCATIONAL & LIBRARY 1440231 1440231 ATHLETIC SUPPLIES 453480 453480 PROF. DEVELOPMENT 328476 229944 98532 ADVERTISING & MARKETING 277842 181575 34800 61467 1414164 686724 492095 235345 28850230 24261474 3983816 604940 18206757 18010530 1460765 1595216 146099 158691 432034 383009 56175248 18751819 36832754 37423429 19064794 20937681 332723 423061 76475926 78931617 2100987 2441116 11138076 10737615 8715000 8395000 21954063 21573731 X 49604075 52076219 4917788 5281667 54521863 57357886 76475926 78931617 X 3283482 -439759 -7700 X X 0 1 X 1 0 X 3029395 3150346 6376509 3127618 4502716 20186584 3029395 3150346 6376509 3127618 4502716 20186584 1979370 18207214 394599 338247 324435 690066 753084 2500431 364105 230145 3898 372860 31465 1002473 23689488 119876791 0.76860 0.75820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 18210633 1539547 118529 969 19867740 16551494 1663488 4349 18210633 16154940 12592 386677 2715 16551494 15794829 100796 259410 95 16154940 14497854 10621 1291015 4661 15794829 1.00000 0 0 220000 220000 49854309 14722792 35131517 6100939 4029027 2071912 37423429 28242015 -439759 -3501591 -3941350 32183365 183672 -233325 -49653 32133712 25405992 233325 233325 25172667 183672 3493891 3677563 28850230 PART V, LINE 4: IN ORDER TO GROW THE GENERAL ENDOWMENT, THE SCHOOL DID NOT TAKE A DRAW DURING 2014. THE INTENTION OF THE SCHOLARSHIP ENDOWMENT IS TO PROVIDE NEED-BASED SCHOLARSHIPS TO ELIGIBLE STUDENTS IN A SUSTAINABLE MANNER. PART XI, LINE 2D - OTHER ADJUSTMENTS: WRITE OFF OF PLEDGES RECEIVABLE -7,700. SCHOLARSHIPS ($90,000) & GRANTS IN AID ($2,525,200) -2,615,200. TUITION REMISSION -878,691. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -233,325. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 233,325. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSION 878,691. SCHOLARSHIPS ($90,000) & GRANTS IN AID ($2,525,200) 2,615,200. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ONCE A YEAR, IN CONJUNCTION WITH OTHER AREA NAIS SCHOOLS, THE SCHOOL PLACES AN ADVERTISEMENT IN THE NEW YORK TIMES LISTING THE NON-DISCRIMINATORY POLICY. IN ADDITION, THE POLICY IS CLEARLY STATED IN ALL ADMISSION MATERIALS. VARIOUS EVENTS 264790 264790 233325 264790 264790 233325 233325 31465 1 FINANCIAL AID 98 2597095 FMV REDUCTION IN TUITION FACULTY SCHOLARSHIPS FOR PROFESSIONAL GROWTH & DEVELOPMENT 4 18105 FMV REDUCTION IN TUITION PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS VIA REDUCTION IN TUITION. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 THOMAS B MAIN HEAD OF SCHOOL 345593 0 75964 0 12980 0 50804 0 151049 0 636390 0 0 0 KIM LEEKER ASST. HEAD, FINANCE AND OPERATIONS 252519 0 30000 0 774 0 37232 0 23345 0 343870 0 0 0 KAREN RAIDT HEAD OF LOWER SCHOOL 134400 0 5000 0 104 0 12285 0 67318 0 219107 0 0 0 BENNETT HOKE DIRECTOR OF INSTITUTIONAL 163086 0 7500 0 63 0 8400 0 9406 0 188455 0 0 0 ALEX WEINER ASSOCIATE HEAD OF SCHOOL, ACADEMICS 141277 0 0 0 233 0 13928 0 44507 0 199945 0 0 0 MARNIE SADLOWSKY HEAD OF UPPER SCHOOL 132990 0 0 0 109 0 12420 0 21576 0 167095 0 0 0 CARRIE SALVATORE DIRECTOR OF ADMISSION & FINANCIAL AI 128258 0 5000 0 100 0 10620 0 8014 0 151992 0 0 0 PART I, LINE 1A PER CONTRACT PART I, LINE 4B THE HEAD OF THE SCHOOL PARTICIPATES IN A 457(F) PLAN. PART I, LINE 7 BONUSES ARE AWARDED BASED ON THE ACHIEVEMENT OF SPECIFIC PERFORMANCE GOALS. A CHEFA 060806186 2013-04-30 9100000 REFINANCING SERIES A BOND ISSUE 0 0 0 A 9100000 99056 9000944 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 PART II, LINE 11 OTHER SPENT PROCEEDS RELATES TO REFINANCING OF PRIOR BOND X 18 197075 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED FACILITIES MANAGEMENT TO SODEXO, AND HAS DELEGATED FOOD SERVICE MANAGEMENT TO FLIK. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD, OTHER THAN THE EXECUTIVE COMMITTEE IN LIMITED CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEW THE ENTIRE FORM 990. FORM 990, INCLUDING SCHEDULE B WITH THE NAMES REDACTED, IS THEN DISTRIBUTED, REVIEWED AND APPROVED AT THE BOARD OF TRUSTEES MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL SIGNED CONFLICT OF INTEREST STATEMENTS ARE REQUIRED. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, ACCORDING TO THE PHILOSOPHY AND PROCESS OUTLINED IN THE COMPENSATION PHILOSOPHY CHARTER. COMPETITIVE SALARY DATA FROM SEVERAL SOURCES, EXPERIENCE AND A PERFORMANCE APPRAISAL ARE UTILIZED IN THE COMPENSATION DETERMINATION AND DOCUMENTATION. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION FOR KEY EMPLOYEES AND SENIOR ADMINISTRATORS UTILIZING THE OVERALL SALARY INCREASE POOL APPROVED BY THE BOARD OF TRUSTEES AS A BASE. IN ADDITION, COMPETITIVE SALARY DATA, EXPERIENCE AND A PERFORMANCE APPRAISAL ARE UTILIZED FOR DETERMINING COMPENSATION AS WELL AS DOCUMENTATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: PLEDGE WRITE-OFF -7,700. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.