2015-11-13T11:27:18-06:00 2015-06-30 042713795 MEYERS BROTHERS KALICKA PC 330 WHITNEY AVE SUITE 800 HOLYOKE MA 01040 990 2014-07-01 042104273 MISS HALL'S SCHOOL INC MISS 4134436401 492 HOLMES ROAD PITTSFIELD MA 01201 JANE JOUKOWSKY TREASURER 4134436401 2015-11-12 1 RUDY M D'AGOSTINO P00962620 4135368510 2015-11-12 2014 2016-03-07 17:11:31Z JANE JOUKOWSKY 492 HOLMES ROAD PITTSFIELD MA 01201 23834269 0 X WWW.MISSHALLS.ORG X 1924 MA TO EDUCATE, INSPIRE, AND ENCOURAGE GIRLS IN GRADES 9 THROUGH 12. 26 26 139 274 187841 -22024 8338438 5521845 9743640 10439018 1357825 1680727 425973 166066 19865876 17807656 3605074 3296257 0 0 6805530 7050638 30322 23075 899736 4353487 4475771 14794413 14845741 5071463 2961915 46160523 40294833 13603977 6683344 32556546 33611489 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 11110488 3296257 10439018 PROVIDED COLLEGE-PREPARATORY EDUCATION IN A SMALL SCHOOL SETTING. APPROXIMATELY 214 BOARDING AND DAY STUDENTS IN GRADES 9-12 CAME FROM 16 STATES AND 28 COUNTRIES. 11110488 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 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 133 0 1 139 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 BONNIE CAMPBELL PERKINS CLERK (UNTIL 7/1/15) 1.00 X 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 ANGELA W FOWLER BOARD OF TRUSTEES (UNTIL 7/1/15) 1.00 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 VALORIE WALKER GUTHRIE BOARD OF TRUSTEES-TERM EXPIRES 5/15 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 JOHN J TURCIK BOARD OF TRUSTEES-TERM EXPIRES 5/15 1.00 X 0 0 0 CORNELIA CABOT WHITING VICE PRESIDENT 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 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 SUZANNE BAUMGARTEN DIRECTOR OF FINANCE 50.00 X 119752 0 11329 JULIA HEATON HEAD OF SCHOOL 50.00 X 133873 0 11097 DIANE WORTIS DIRECTOR OF DEVELOPMENT 50.00 X 114282 0 12448 JULIA BRADLEY DIRECTOR OF ADMISSIONS 50.00 X 130681 0 13018 MARY GRANT HEAD OF SCHOOL(THROUGH 6/30/14) 50.00 X 123474 0 7762 MARGARET JABLONSKI HEAD OF SCHOOL(THROUGH 6/30/13) 50.00 X 115000 0 0 737062 0 55654 6 1 0 0 ALLEGONE CONSTRUCTION CO INC 273 NEWELL STREET PITTSFIELD MA 01201 CONTRACTOR 1367279 ARAMARK CORP PO BOX 840706 DALLAS TX 75284 FOOD SERVICE 975939 FLANSBURG ASSOCIATES 72 SUMMER STREET MILFORD MA 01757 ARCHITECTS 323039 PROGRAM MANAGEMENT GROUP LLC 42 BROCKWAY ROAD WOODSTOCK CT 06282 CONSTRUCTION MANAGEMENT 148953 HIRTLE CALLAGHAN & CO 300 BARR HARBOR DRIVE W CONSHOHOCKEN PA 19428 INVESTMENT MANAGEMENT 104540 6 5521845 790494 5521845 TUITION & FEES 611600 10400831 10400831 STUDENT FEES 611600 35256 35256 STUDENT ACTIVITY FEES 611710 2931 2931 10439018 314093 314093 7341808 5908836 66338 1432972 -66338 1366634 1366634 9860 51439 -41579 -41579 SUMMER FOOD SERVICES 721310 184491 184491 SCHOOL STORE 611600 19804 19804 OTHER 721310 3350 3350 207645 17807656 10439018 187841 1658952 2739307 2739307 556950 556950 427551 427551 5216368 3680459 1033654 502255 246327 161699 62562 22066 751309 459850 228705 62754 409083 268539 103898 36646 1128 1128 34400 34400 23075 23075 113618 113618 77023 77023 29510 29510 508211 351914 118945 37352 141201 64109 67072 10020 385062 346556 26954 11552 131819 97144 5800 28875 19186 19186 241838 188634 41112 12092 763737 595715 129835 38187 127208 127208 FOOD SERVICE 917636 917636 CONTRACTED SERVICES 363430 294525 42509 26396 STUDENT ACTIVITIES 274782 274782 ADMINISTRATIVE EXPENSES 96508 92368 4140 249474 112669 81989 54816 14845741 11110488 2835517 899736 4000 4894 2067659 2016319 7021941 5684744 34769 35626 52557 44990 173306 150124 29823735 10316623 17353886 19507112 13059169 10517837 6393236 2129246 0 203941 46160523 40294833 1494003 1145959 0 50000 137280 128176 8137248 1509773 3835446 3849436 13603977 6683344 X 5781632 11256472 7385366 5032831 19389548 17322186 32556546 33611489 46160523 40294833 X 2961915 -1914058 7086 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 19452405 705802 -282513 6981661 246950 12647083 17174930 729895 2576580 792000 237000 19452405 15906224 1274319 1759427 1765040 17174930 15932727 1141185 -306536 861152 15906224 12631830 1281863 2750026 730992 15932727 1.00000 0 0 457932 457932 25392838 8489563 16903275 2399788 1827060 572728 1573177 1573177 19507112 ALTERNATIVE INVESTMENTS 1504219 F FIXED INCOME FUNDS 203067 F CASH AND CASH EQUIVALENTS 421960 F 2129246 ADVANCE DEPOSITS PAYABLE 3849436 3849436 X 12566758 -1914058 84765 -1829293 14396051 113618 3297987 3411605 17807656 11511815 77679 77679 11434136 113618 3297987 3411605 14845741 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, 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS SPECIAL EVENT EXPENSE AGAINST REVENUE 51,439. VALUATION DISCOUNT ON MINERAL DEED 7,086. RECLASS EARLY PAY TUITION DISCOUNT 26,240. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINACIAL AID GRANTS AND ALLOCATIONS NETTED WITH REVENUES FOR F/S 3,296,257. SUMMER SUPPLIES NETTED WITH REVENUE FOR F/S PRESENTATION 1,730. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS SPECIAL EVENT EXPENSE AGAINST REVENUE 51,439. RECLASS EARLY PAY TUITION DISCOUNT 26,240. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS AND ALLOCATIONS 3,296,257. SUMMER SUPPLIES NETTED WITH REVNUE FOR F/S PRESENTATION 1,730. 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 0 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 47724 EAST ASIA AND THE PACIFIC - 0 0 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 192705 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 165853 CANADA AND MEXICO 0 0 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 3000 SOUTH ASIA 0 0 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 79540 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 116880 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL 12013 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 1504219 RUSSIA & NEWLY INDEPENDENT STATES 0 0 PROGRAM SERVICE AND EDUCATIONAL ASSISTANCE TO RECIPIENTS LOCATED IN THE REGION TRAVEL AND EXPENSES TO RECRUIT STUDENTS TO ENROLL AT THE SCHOOL. 6053 0 0 0 0 0 0 2121934 6053 2127987 STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. EAST ASIA AND THE PACIFIC - 8 163330 STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 2 79540 STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION EUROPE (INCLUDING ICELAND & GREENLAND) - 4 140380 STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 4 116880 STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 2 43820 STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 1 10000 STUDENT FINANCIAL AID/RESIDENT TUITION APPLIED TOWARDS MISS HALL'S SCHOOL TUITION. CANADA, MEXICO 1 3000 0 0 0 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 30,2015, 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 THE WAYLAND GROUP 323 BOSTON POST ROAD SUITE 3C SUDBURY MA 01776 CONSULTING REGARDING FUNDRAISING 0 0 23075 -23075 23075 -23075 MA 1 STUDENT FINANCIAL AID/RESIDENT TUITION 46 1574020 STUDENT FINANCIAL AID/DAY TUITION 51 783417 STUDENT FINANCIAL AID/OTHER 5 8279 SCHOLARSHIPS 33 214466 TUITION REMISSION 5 159125 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 0 1 X X X X 1 0 0 0 0 0 0 0 0 MARY GRANT HEAD OF SCHOOL(THROUGH 6/30/14) 123474 0 0 0 0 0 0 0 7762 0 131236 0 0 0 MARGARET JABLONSKI HEAD OF SCHOOL(THROUGH 6/30/13) 0 0 0 0 115000 0 0 0 0 0 115000 0 115000 0 PART I, LINE 1A THE CURRENT HEAD OF SCHOOL IS REQUIRED AS A CONDITION OF EMPLOYMENT TO BE A RESIDENT OF THE SCHOOL'S BOARDING COMMUNITY IN ORDER FOR HER TO PERFORM HER DUTIES AND BE AVAILABLE TO FACULTY AND STUDENTS. AS HER ON CAMPUS HOUSING WAS A CONDITION OF HER EMPLOYMENT IT HAS BEEN EXCLUDED FROM HER W-2 AS A TAX-FREE BENEFIT UNDER SEC. 119. 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. PART I, LINE 4A SEVERANCE PAYMENTS OF $115,000 TO MARGARET JABLONSKI ARE INCLUDED IN THE W-2 FIGURE FOR 2014. THIS AMOUNT WAS PREVIOUSLY INCLUDED ON A PRIOR YEAR'S SCHEDULE J AS DEFERRED COMPENSATION. X 15 790494 MARKET QUOTATIONS 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, JOHN TURCIK, 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 7,086. FORM 990, PART XII, LINE 2C THE OVERSIGHT & SELECTION PROCESS HAS NOT CHANGED DURING THE FISCAL YEAR.