2016-04-28T12:48:58-05:00 2015-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2014-07-01 010504446 Hyde School at South Woodstock Inc HYDE 2074435584 616 High Street Bath ME 04530 Cynthia Morgan Executive Business Manager 2074435584 2016-04-27 1 Barbara J McGuan CPA P00219457 2077752387 2016-04-27 2014 2016-08-17 19:52:53Z Malcolm Gauld 616 High Street Bath ME 04530 9600791 0 X www.hyde.edu X 1996 CT Education for grades 9 through post graduate. 15 14 118 15 0 0 941047 631550 9518153 8968038 2111 443 0 0 10461311 9600031 2006736 1784650 0 0 3913533 3818861 0 0 78626 4871048 4532453 10791317 10135964 -330006 -535933 16711320 16413790 3766135 4093054 12945185 12320736 The mission of Hyde Schools is to renew and transform lives through in-depth programs of family-based character education, involving the values of courage, integrity, leadership, curiosity and concern. 0 0 8104580 1784650 8968038 Hyde School in South Woodstock, CT was founded to provide a grade 9-12 private school education which centers upon individual growth and character development through the teaching of values, courage, integrity, concern for others, leadership and curiosity. Approximately 174 students attended the school during the fiscal year ended June 30, 2015. 8104580 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 23 0 1 118 1 0 0 0 0 0 0 0 0 0 0 X 15 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CT X Cynthia Morgan 2074435584 616 High Street Bath ME 04530 Alvaro G DeMolina Director 1.00 2.00 X 0 0 0 Dana McAvity Director 1.00 2.00 X 0 0 0 Debbie Werner Director 1.00 2.00 X 0 0 0 Dee Dee Chesley Director 1.00 2.00 X 0 0 0 Jamie Delaney Director 1.00 2.00 X 0 0 0 Jeffrey P Black Director 1.00 2.00 X 0 0 0 Joseph B Werner Director 1.00 2.00 X 0 0 0 Kenneth P DeAngelis Past Chairman 1.00 2.00 X X 0 0 0 Malcolm McAvity Director 1.00 2.00 X 0 0 0 Malcolm W Gauld CEO 20.00 21.00 X X 0 281621 35796 Nancy B Lund Chairman 1.00 2.00 X X 0 0 0 Richard Chesley Director 1.00 2.00 X 0 0 0 Ritsubun Koda Director 1.00 2.00 X 0 0 0 Spencer Garrett Director 1.00 2.00 X 0 0 0 Thomas J Moore Director 1.00 2.00 X 0 0 0 Andrew Sylvester Director 1.00 2.00 X 0 0 0 Lorrie DeAngelis Past Director 1.00 2.00 X 0 0 0 Michael Delaney Past Director 1.00 2.00 X 0 0 0 Robert Felt Headmaster 40.00 0.00 X 127180 0 49009 Erin Brown Exec. Dir. of Development 20.00 20.00 X 0 105966 12410 Laura Gauld Bath Headmaster 10.00 30.00 X 0 173855 30526 127180 561442 127741 1 0 1 0 Rose Construction 348 Orchard Hill Road Pomfret Center CT 06259 Construction 328439 Pinecroft Paving and Landscape LLC 159 Butts Road Woodstock CT 06281 Paving 104430 2 631550 44372 631550 Tuition & Fees 611600 8268079 8268079 Miscellaneous Income 611600 575704 575704 Sales of Inventory 611600 124255 124255 8968038 203 203 1000 760 0 -760 1000 240 240 9600031 8968038 0 443 1784650 1784650 2933496 2933496 107577 107577 587167 587167 190621 190621 30000 30000 8668 8668 38433 32156 6277 857896 639028 140269 78599 123305 123305 762415 762415 85986 78044 7915 27 8494 8494 36450 2750 33700 708721 708721 203329 203329 Shared Services Allocat 1411088 1411088 Bad Debt 121612 121612 Cost of Goods Sold 99212 99212 Program Event Expenses 20294 3702 16592 16550 14935 1615 10135964 8104580 1952758 78626 X 1178382 1344451 68624 68624 248121 5800 31656 48649 114271 85798 19079343 7052173 12369969 12027170 2700297 2833298 16711320 16413790 263362 235963 1366738 1889179 1019286 899675 1116749 1068237 3766135 4093054 X 12489162 12116474 456023 204262 12945185 12320736 16711320 16413790 X -535933 -88516 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13304909 4663316 8641593 1589618 1288102 301516 4184816 1100755 3084061 12027170 Other Assets 15856 Security Deposits 3286 Due from Affiliates 2814156 2833298 Due to Affiliates 1031852 Interest Rate Swaps 36385 1068237 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Hyde School at South Woodstock does not discriminate on the basis of race, color, national origin, religion, sex, marital or parental status, or handicap in the recruitment and administration of its students; in its faculty and staff; or in its athletic or other school administrative programs or activities. This statement is included in the School's catalog provided to all families inquiring about the School and its staff. 1 Financial Aid/Scholarships 57 1485592 FMV Financial Aid/Scholarships Tuition Remission 3 84000 FMV Tuition Remission Sibling Discount 1 15600 FMV Sibling Discount Early Enrollment Discount 48 54188 FMV Early Enrollment Discount International Student Placement 29 145270 FMV International Student Placement Part I, Line 2: All assistance to individuals is in the form of scholarships and tuition discounts awarded to students of Hyde School. X X 1 1 X 0 0 0 0 0 0 0 1 0 Malcolm W Gauld CEO 0 201012 0 15000 0 65609 0 10903 0 24893 0 317417 0 0 Robert Felt Headmaster 111500 0 8000 0 7680 0 5900 0 43109 0 176189 0 0 0 Laura Gauld Bath Headmaster 0 153175 0 13000 0 7680 0 10800 0 19726 0 204381 0 0 Part I, Line 7 The amount of bonuses paid to each employee are determined based on multiple factors. The factors include, but are not limited to, the following: employee position in the Organization, employee performance during the year, and the number of hours worked by that employee. X 7 44372 FMV 0 0 1 Part I, Line 32b: The Organization sells contributions of securities through its investment broker. All gifts of securities are sold as soon as administratively possible. Form 990, Part VI, Section A, line 2 Joseph Werner (Director) and Debbie Werner (director) have a family relationship. Dana McAvity (Director) and Malcolm McAvity (Director) have a family relationship. Kenneth P. DeAngelis (Past Chairman) and Lorrie DeAngelis (Past Director) have a family relationship. Jamie Delaney (Director) and Michael Delaney (Past Director) have a family relationship. Richard Chesley (Director) and Dee Dee Chesley (Director) have a family relationship. Form 990, Part VI, Section B, line 11 The Form 990 is reviewed by the Executive Business Manager and the Finance Committee and a copy of the Form 990 is provided to the governing body for review before it is filed. Form 990, Part VI, Section B, line 12c The conflict of interest policy and signature page is provided to the Board for review at the June board meeting. Form 990, Part VI, Section B, line 15 The salary of the CEO and other key employees are determined and approved by the Board. The recommendations are specifically made by the Board Compensation Committee. Periodically Hyde School South Woodstock has a compensation analysis performed of key employees. Hyde School South Woodstock annually utilizes the surveys from ISANNE (Independent School Association of Northern New England) and NAIS (National Association of Independent Schools). Both surveys provide detailed compensation information of all positions of member schools in addition to key employees. Hyde School South Woodstock utilizes the survey to benchmark all of their departments. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Hyde School at South Woodstock, Inc. 616 High Street Bath, ME 04530 EIN 01-0504446 Hyde School at South Woodstock, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Net Assets Redesignated -88,516. Hyde School Inc (Bath ME Campus) 616 High Street Bath ME 04530 016021559 Education for grades 9 through 12. ME 501(c)(3) 2 N/A 0 Hyde Foundation 616 High Street Bath ME 04530 223026440 Develop charter schools throughout the country. ME 501(c)(3) 7 N/A 0 FAST Inc 616 High Street Bath ME 04530 223118810 Promote welfare of children ME 501(c)(3) 7 N/A 0 Hyde School Realty Trust 616 High Street Bath ME 04530 137462342 Complex Trust ME Hyde School T 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0