2016-05-10T08:31:24-05:00 2015-06-30 WITHUMSMITHBROWNPC 331 NEWMAN SPRINGS RD STE 125 RED BANK NJ 077016765 990 2014-07-01 210639868 The Hun School of Princeton % STEFANIE CONNELL HUNS 6099217600 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 STEFANIE CONNELL CFO 6099217600 2016-05-09 true WITHUMSMITHBROWN P00579162 7328423113 2014 2016-08-17 19:52:53Z STEFANIE CONNELL 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 40120648 false X WWW.HUNSCHOOL.ORG X 1943 NJ THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE (SCH. O) 25 25 278 110 0 3082929 1334541 26664932 28104574 1544770 -1202041 374935 569793 31667566 28806867 4091632 4229787 0 0 15726940 16558580 0 0 1941359 9438176 9338186 29256748 30126553 2410818 -1319686 59249571 60551205 28756160 29427888 30493411 31123317 X THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES, HONOR, SERVICE, PERSERVERANCE, RESPONSIBLITY, COMPASSION, RESPECT AND LEADERSHIP. false false 611600 26250756 4229787 28104574 PROVIDED COLLEGE PREPARATORY SECONDARY EDUCATION FOR GRADES SIX THROUGH TWELVE FOR 639 STUDENTS. 26250756 true true false false false false false false false true true true false false true true true false true false false false false false true false 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 151 1 true 278 true false false false false false true true false false false false false false X 25 25 false false false false false false false true true false false true true true true true true true true false NJ X STEFANIE CONNELL 6099217600 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 PETER E BLACK VICE PRESIDENT/BOARD MEMBER 1.0 0.0 X X 0 0 0 LYNN M BREEN BOARD MEMBER 1.0 0.0 X 0 0 0 LESLIE FLORIO TREASURER/BOARD MEMBER 1.0 0.0 X X 0 0 0 MICHAEL GUADAGNO BOARD MEMBER 1.0 0.0 X 0 0 0 THOMAS HORWICH BOARD MEMBER 1.0 0.0 X 0 0 0 ALLAN LEVINE BOARD MEMBER 1.0 0.0 X 0 0 0 HUGH HURLEY PRESIDENT/BOARD MEMBER 1.0 0.0 X X 0 0 0 ERIC HUTCHERSON BOARD MEMBER 1.0 0.0 X 0 0 0 SANJAY KANNAMBADI BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN Y KEFFER BOARD MEMBER 1.0 0.0 X 0 0 0 SCOTT LANDIS BOARD MEMBER 1.0 0.0 X 0 0 0 ALFRED W LEACH II BOARD MEMBER 1.0 0.0 X 0 0 0 EDWIN H LLOYD BOARD MEMBER 1.0 0.0 X 0 0 0 SHERYL PUNIA BOARD MEMBER 1.0 0.0 X 0 0 0 NICHOLAS SCOZZARI BOARD MEMBER 1.0 0.0 X 0 0 0 LAURA LEAPER SNOOK BOARD MEMBER 1.0 0.0 X 0 0 0 KENNETH B STODDARD BOARD MEMBER 1.0 0.0 X 0 0 0 BARRY SUSSMAN BOARD MEMBER 1.0 0.0 X 0 0 0 LEAH T RICCI BOARD MEMBER 1.0 0.0 X 0 0 0 ERIC P ROSENBLUM BOARD MEMBER 1.0 0.0 X 0 0 0 ORIN S WILF BOARD MEMBER 1.0 0.0 X 0 0 0 RICHARD F STRUP BOARD MEMBER 1.0 0.0 X 0 0 0 SUSAN MCGLORY MICHEL BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN TUGWELL BOARD MEMBER 1.0 0.0 X 0 0 0 STEPHEN T WILLS BOARD MEMBER 1.0 0.0 X 0 0 0 JONATHAN G BROUGHAM VICE PRESIDENT/HEADMASTER 40.0 0.0 X 356559 0 53035 RICHARD GOLDMAN ESQ SECRETARY/COUNSEL 1.0 0.0 X 0 0 0 ANDREW C HAMLIN ASST SECRETARY/ASST HEADMASTER 40.0 0.0 X 185925 0 21071 STEFANIE CONNELL CFO 40.0 0.0 X 128327 0 68954 WILLIAM R MCQUADE ASST. HEAD FOR ADMIN. PROJECTS 40.0 0.0 X 149056 0 34367 KATHARIN KIEFER DEAN OF FACULTY 40.0 0.0 X 136556 0 31751 RYAN K HEWS HEAD OF UPPER SCHOOL 40.0 0.0 X 133559 0 18691 STEVEN C BRISTOL DIRECTOR OF ADMISSIONS 40.0 0.0 X 133274 0 105465 J MICHAEL CHAYKOWSKY DIRECTOR OF FACILITIES 40.0 0.0 X 126170 0 20321 1349426 0 353655 13 false true false THE BRICKMAN GROUP LTD LLC 3630 SOLUTIONS CENTER CHICAGO IL 606773006 LANDSCAPING 392811 CASCADES CONSTRUCTION LP PO BOX 60597 PHILADELPHIA PA 19145 CONSTRUCTION 5177802 JEMAR CONTRACTING LLC 3738 RIDGEVIEW RD HUNTINGDON VALLEY PA 19005 CONSTRUCTION 498933 ALLAN INDUSTRIES INC 270 ROUTE 46 EAST SUITE E ROCKAWAY NJ 07866 CLEANING 297038 FIELDTURF USA INC 7445 COTE-DE-LIESSE ROAD SUITE 200 MONTREAL QUEBEC CA H4T1G2 TURF INSTALLATION 185780 5 1334541 82481 1334541 TUITION AND FEES 611600 26773515 26773515 STUDENT FEES 611600 165805 165805 SUMMER TUITION 611600 693016 693016 OPTIONAL PROGRAMS 611600 472238 472238 28104574 463677 463677 0 0 63278 6260 57018 0 57018 9347261 63925 11031337 45567 -1684076 18358 -1665718 88528 68094 20434 4835 1775 3060 276953 160748 116205 OTHER REVENUE 900099 373076 373076 373076 28806867 28477650 463677 0 4229787 4229787 0 0 711583 320718 159758 231107 0 11951900 10970473 302183 679244 772886 633767 85017 54102 2234128 1831985 245754 156389 888083 728228 97689 62166 0 0 0 0 0 0 541460 432468 52253 56739 148962 24719 124243 1849003 1652170 74808 122025 137726 112935 15150 9641 0 826477 693310 81380 51787 207462 188246 7664 11552 0 82396 80373 1236 787 497998 408358 54780 34860 0 1999382 1639493 219932 139957 198235 19856 178379 REPAIRS & MAINTENANCE 228486 189892 23585 15009 FOOD 608301 608301 CONTRACTED SERVICES 1024681 850045 106176 68460 SPECIAL PROGRAMS 766254 564139 55716 146399 221363 71493 48735 101135 30126553 26250756 1934438 1941359 10387 10840 6383163 4965231 2582219 1782559 566186 667705 0 0 0 0 0 0 85051 98283 753174 888324 57005936 24643295 23364244 32362641 0 0 18577159 19171414 0 0 293876 283742 6634112 320466 59249571 60551205 2823591 2494642 0 0 4120970 4490473 18447864 19354450 0 0 0 0 0 0 0 0 3363735 3088323 28756160 29427888 X 18148225 23620489 4947166 59670 7398020 7443158 30493411 31123317 59249571 60551205 -1319686 1949592 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15350512 3460276 744873 730555 184767 18640339 12321319 1583316 2115225 553235 116113 15350512 11647883 248568 1159459 644803 89788 12321319 11339639 145716 254901 92373 11647883 10055746 211989 1186105 114201 11339639 0.60100 0.39900 false false 23749 23749 47896027 17654701 30241326 6081489 4696874 1384615 3004671 2291720 712951 32362641 INVESTMENTS 19171414 F 19171414 0 STUDENT DEPOSITS 936775 OBLIGATION 1908484 CAPITAL LEASE PAYABLE 243064 3088323 X 26763541 1949592 -4229787 -2280195 29043736 -236869 -236869 28806867 26133635 236869 236869 25896766 4229787 4229787 30126553 PT XI LINE 4B COST OF GOODS SOLD - $ 160,748 RENTAL EXPENSE - 6,260 FUNDRAISING EXPENSES - 69,861 TOTAL $ 236,869 PT XII, LINE 2D COST OF GOODS SOLD - $ 160,748 RENTAL EXPENSE - 6,260 FUNDRAISING EXPENSES - 69,861 TOTAL $ 236,869 PART V, LINE 4 AS DESIGNATED BY THE DONOR FOR PERMANENTLY RESTRICTED AND AS DESIGNATED BY THE BOARD FOR BOARD RESTRICTED. PART X, LINE 2 ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AS WELL AS THE STATE OF NEW JERSEY AND HAS NO INCOME TAX RELATED PENALTIES AND INTEREST FOR PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THE SCHOOL'S POLICY WOULD BE TO RECOGNIZE THEM AS OPERATING EXPENSES. IN THE NORMAL COURSE OF BUSINESS, THE SCHOOL IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2015, AND THROUGH THE DATE OF THIS REPORT THERE ARE NO ON-GOING AUDITS OR UNRESOLVED DISPUTES WITH THE VARIOUS TAX AUTHORITIES THAT THE SCHOOL FILES WITH. AS OF JUNE 30, 2015 AND 2014, THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS. PART XII, LINE 4B FINANCIAL AID - $ 4,229,787 PART XI, LINE 2D FINANCIAL AID - $(4,229,787) true true true true true true true false false false false false false false false false false true SCHEDULE E, PT I, LINE 3 THE POLICY IS INCLUDED IN BROCHURES, CATALOGUES AND WRITTEN COMMUNICATIONS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. IN CONJUNCTION WITH NEW JERSEY ASSOCIATION OF INDEPENDENT SCHOOLS AND THE ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOLS, WE PLACE ADS STATING OUR NONDISCRIMINATORY POLICY IN AREA NEWSPAPERS. WE HAVE PLACED ADS IN THE STAR LEDGER, THE PHILIDELPHIA INQUIRER AND THE PHILADELPHIA DAILY NEWS. GALA 41200 41200 15879 6000 2671 GOLF & TENNIS 47328 47328 13787 6347 5075 0 88528 88528 29666 12347 7746 49759 38769 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 true FINANCIAL AID AND TUITION REMISSION 180 4148722 FMV FINANCIAL AID/REMISS DISCOUNTS 255 81065 FMV DISCOUNTS PART I, LINE 2 THE SCHOOL ESTABLISHED A COMMITTEE TO REVIEW APPLICATIONS AND AWARD FINANCIAL AID BASED ON NEED. X X true true X X false false false false false false false false false JONATHAN G BROUGHAM VICE PRESIDENT/HEADMASTER 356559 0 0 0 0 0 27277 0 25758 0 409594 0 0 0 ANDREW C HAMLIN ASST SECRETARY/ASST HEADMASTER 185925 0 0 0 0 0 14152 0 6919 0 206996 0 0 0 WILLIAM R MCQUADE ASST. HEAD FOR ADMIN. PROJECTS 149056 0 0 0 0 0 18825 0 15542 0 183423 0 0 0 KATHARIN KIEFER DEAN OF FACULTY 136556 0 0 0 0 0 16387 0 15364 0 168307 0 0 0 RYAN K HEWS HEAD OF UPPER SCHOOL 133559 0 0 0 0 0 10133 0 8558 0 152250 0 0 0 STEVEN C BRISTOL DIRECTOR OF ADMISSIONS 133274 0 0 0 0 0 10339 0 95126 0 238739 0 0 0 STEFANIE CONNELL CFO 128327 0 0 0 0 0 10369 0 58585 0 197281 0 0 0 PART I, LINE 1A THE HEADMASTER IS REQUIRED TO LIVE ON SCHOOL GROUNDS. A PUBLIC FINANCE AUTHORITY 273866124 2013-08-01 23000000 BOND REFINANCING + CONSTRUCTION false false false A 13660000 0 19457568 0 0 0 280950 0 0 5516618 0 0 2014 true false false true A false false false false 0 false false false false A false true false false false false 0 false 0 false false A false PART II LINE 3 THE TOTAL ISSUE PRICE IS $23,000,000, OF WHICH $13,660,000 WAS USED TO PAY OFF THE OUTSTANDING BALANCE ON THE 2004 BONDS AND $280,950 WAS USED TO PAY FINANCING COSTS. THE REMAINING BALANCE OF $9,059,050 IS BEING TREATED AS A CONSTRUCTION LOAN AND IS BEING DRAWN DOWN AS NEEDED. AS OF JUNE 30, 2015, $5,516,618 HAD BEEN DRAWN DOWN ON THE LOAN. X 11 81908 FMV ON DATE OF DONAT X GALA MISCELLANEOUS AUCTION ITEMS 30 8138 FMV OF DONATED ITEM X GOLF & TENNIS MISCELLANEOUS AUCTION ITEMS 3 6980 FMV OF DONATED ITEM X ATHLETICS MISCELLANEOUS 1 854 FMV OF DONATED ITEM X GORRIE SCHOLARSHIP 4 284 FMV OF DONATED ITEM X FINE ARTS & DRAMA 2 392 FMV OF DONATED ITEM X INSTITUTIONAL ADVANCEMENT 1 480 FMV OF DONATED ITEM false true false FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WAS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND COMMENT PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMEBERS REVIEW THE SCHOOL'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE HEADMASTER RECEIVES AN ANNUAL REVIEW BY THE BOARD OF TRUSTEES FOR PERFOMANCE THROUGHOUT THE FISCAL YEAR. THE HEADMASTER HAS A THREE YEAR CONTRACT THAT OUTLINES POTENTIAL SALARY INCREASES AND THE BOARD WILL DETERMINE IF AN INCREASE IS APPROPRIATE BASED ON THEIR REVIEW. OTHER OFFICERS AND KEY EMPLOYEES RECEIVE ANNUAL REVIEWS BY THE HEADMASTER. THE BOARD APPROVES A BUDGET AND A SET AMOUNT OF OVERALL SALARY INCREASES EACH YEAR. THE HR DIRECTOR WILL DO BENCHMARKING FOR ALL OF THE OTHER OFFICERS AND KEY EMPLOYEES AND THE HR DIRECTOR AND THE HEADMASTER WILL DISCUSS IF COMPENSATION ADJUSTMENTS ARE NECESSARY. THE HEADMASTER TYPICALLY INFORMS THE BOARD CHAIR AND/OR FINANCE COMMITTEE CHAIR WHEN HE RECOMMENDS COMPENSATION ADJUSTMENTS FOR THE OTHER OFFICERS AND KEY EMPLOYEES, BUT BOARD APPROVAL IS NOT NEEDED TO MAKE THOSE ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST FROM THE ORGANIZATION. FORM 990, PART IV, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL OF ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THE ORGANIZATION HAS A FINANCE COMMITTEE THAT REVIEWS THE AUDITED FINANCIAL STATEMENT BY THE INDEPENDENT AUDITORS. FORM 990, PART I, LINE 1 TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES, HONOR, SERVICE, PERSERVERANCE, RESPONSIBILITY, COMPASSION, RESPECT AND LEADERSHIP.