2015-02-12T08:52:55-06:00 2014-06-30 061009205 BLUM SHAPIRO & COMPANY PC CPA'S 29 S MAIN STREET PO BOX 272000 WEST HARTFORD CT 061272000 990 2013-07-01 060689699 ETHEL WALKER SCHOOL INC ETHE 8606584467 230 BUSHY HILL ROAD SIMSBURY CT 06070 THOM GREENLAW CHIEF OPERATING OFFICER 8606584467 2015-02-07 1 ELIZABETH SOLECKI P00235171 8605614000 2015-02-07 2013 2016-02-25 16:41:14Z 230 BUSHY HILL ROAD SIMSBURY CT 06070 19536155 0 X WWW.ETHELWALKER.ORG X 1911 CT THE ETHEL WALKER SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY, BOARDING AND DAY SCHOOL FOR GIRLS IN GRADES SIX THROUGH TWELVE. SINCE 1911, THE ETHEL WALKER SCHOOL HAS EXCELLED AT PREPARING STUDENTS TO MAKE A DIFFERENCE IN THE WORLD. MEMBERS OF THIS DIVERSE COMMUNITY ARE DEDICATED TO SCHOLARSHIP, THE ARTS, ATHLETICS, WELLNESS, AND SERVICE. THE SATISFACTION OF ACHIEVEMENT AND JOY OF FRIENDSHIP ARE FUNDAMENTAL PRINCIPLES AS THE SCHOOL EMPOWERS GIRLS TO LEAD WITH INTEGRITY, CONFIDENCE, COURAGE, AND CONVICTION. 21 20 165 0 135702 -41305 3641894 5746018 12466250 12796908 2064584 48726 293065 -120581 18465793 18471071 3714331 3894475 0 0 7463464 8146244 15181 0 1307773 6104674 6748903 17297650 18789622 1168143 -318551 68879857 72384308 22419509 22516891 46460348 49867417 X THE ETHEL WALKER SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY, BOARDING AND DAY SCHOOL FOR GIRLS IN GRADES SIX THROUGH TWELVE. SINCE 1911, THE ETHEL WALKER SCHOOL HAS EXCELLED AT PREPARING STUDENTS TO MAKE A DIFFERENCE IN THE WORLD. MEMBERS OF THIS DIVERSE COMMUNITY ARE DEDICATED TO SCHOLARSHIP, THE ARTS, ATHLETICS, WELLNESS, AND SERVICE. THE SATISFACTION OF ACHIEVEMENT AND JOY OF FRIENDSHIP ARE FUNDAMENTAL PRINCIPLES AS THE SCHOOL EMPOWERS GIRLS TO LEAD WITH INTEGRITY, CONFIDENCE, COURAGE, AND CONVICTION. 0 0 10179445 11665867 INSTRUCTION OF STUDENTS AND SUPPORT SERVICES FOR INSTRUCTION PROGRAMS 3894475 3894475 FINANCIAL AID 1851201 1112523 ATHLETIC PROGRAMS/RIDING INSTRUCTION 15925121 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 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 1 123 0 1 165 1 1 1 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X GREGORY JANDREAU CONTROLLER 8606584467 BUSHY HILL ROAD SIMSBURY CT 06070 RENEE ALEXANDER TRUSTEE 1.00 0.00 X 0 0 0 LYNN ALLEGAERT TRUSTEE 1.00 0.00 X 0 0 0 BRUCE BACKMAN TRUSTEE 1.00 0.00 X 0 0 0 ANN FAY BARRY TRUSTEE 1.00 0.00 X 0 0 0 TIMOTHY R BAZEMORE TRUSTEE 1.00 0.00 X 0 0 0 STUART M BELL TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER L BRIGHAM TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH ROCKWELL CESARE TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH SIVAGE CLARK TRUSTEE 1.00 0.00 X 0 0 0 SARAH GATES COLLEY TRUSTEE 1.00 0.00 X 0 0 0 SARAH HOUSE DENBY TRUSTEE 1.00 0.00 X 0 0 0 HARRIET BLEES DEWEY TRUSTEE 1.00 0.00 X 0 0 0 KATE CRICHTON GUBELMANN TRUSTEE 1.00 0.00 X 0 0 0 SPENCER LAMPERT TRUSTEE 1.00 0.00 X 0 0 0 CYTHLEN CUNNINGHAM MADDOCK TRUSTEE 1.00 0.00 X 0 0 0 LYNN SHEPPARD MANGER TRUSTEE 1.00 0.00 X 0 0 0 LAURA MOUNTCASTLE TRUSTEE 1.00 0.00 X 0 0 0 AMANDA PITMAN TRUSTEE 1.00 0.00 X 0 0 0 LETITIA MCCLURE POTTER TRUSTEE 1.00 0.00 X 0 0 0 KATHARINE O'BRIEN ROHN TRUSTEE 1.00 0.00 X 0 0 0 LISA PAGLIARO SELZ TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM WRIGLEY JR TRUSTEE 1.00 0.00 X 0 0 0 BESSIE SPEERS HEAD OF SCHOOL 40.00 0.00 X X 261694 0 102911 THOMAS SCHNEIDER DIRECTOR OF FINANCE & OPERATIONS 40.00 0.00 X 172679 0 8700 THOMPSON GREENLAW CHIEF OPERATING OFFICER 40.00 0.00 X 66847 0 0 JANE BRADFORD DIRECTOR OF GIFT PLANNING 40.00 0.00 X 152148 0 8100 STEPHEN DUNN ASSISTANT HEAD OF SCHOOL 40.00 0.00 X 117145 0 31500 STEPHEN REYNOLDS DIRECTOR OF TECHNOLOGY 40.00 0.00 X 110255 0 7100 880768 0 158311 5 0 1 0 CS MARGISON INC PO BOX 948 FARMINGTON CT 06034 CONSTRUCTION 7040383 FLIK INTERNATIONAL CORP COMPASS GROUP U PO BOX 91337 CHICAGO IL 606931337 DINING SERVICE 827629 SODEXO OPERATIONS LLC PO BOX 360170 PITTSBURGH PA 152516170 FACILITIES MANAGEMENT 409469 THOMAS G BENNECHE 885 HOPMEADOW STREET SIMSBURY CT 06070 ATTORNEY 227836 MILONE & MACBROOM INC 99 REALTY DRIVE CHESHIRE CT 06410 ENGINEERING 143686 9 5746018 1591078 5746018 STUDENT TUITION 611110 11576045 11576045 AUXILLARY SERVICES 611110 1220863 1128078 92785 12796908 224212 224212 43956 1039 42917 42917 42917 816596 13250 816931 188401 -335 -175151 -175486 -175486 89655 58713 30942 30942 OTHER INCOME 900099 74267 74267 GAIN ON INTEREST RATE SWAP 900099 -268707 -268707 -194440 18471071 12778390 135702 -189039 3894475 3894475 726391 387191 339200 5591939 4295773 484031 812135 252127 173239 49788 29100 1144863 963860 129512 51491 430924 302969 73160 54795 98522 98522 306786 221095 32864 52827 891115 891115 107906 39964 575 67367 23773 13811 291 9671 575944 575944 1854572 1854572 PURCHASED SERVICES 812396 540210 232631 39555 OTHER RIDING EXPENSES 535063 535063 CONTRACT HELP 438297 438297 DINING EXPENSES 228817 228817 875712 568726 116154 190832 18789622 15925121 1556728 1307773 1762374 1154494 1925109 2523044 726815 1333963 48724 50189 30382 28241 53713007 26421217 22340367 27291790 25056609 21273203 16338588 18101128 650889 628256 68879857 72384308 2028751 1307945 3672455 4536982 16516509 16422928 201794 249036 22419509 22516891 X 16092100 16001675 12765948 15526066 17602300 18339676 46460348 49867417 68879857 72384308 X -318551 2164580 1561040 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15799900 202053 2129694 720000 17411647 15916681 1203000 1369608 2689389 15799900 17317593 114088 1515000 15916681 14844227 1506000 1602366 635000 17317593 11734491 3478205 631531 1000000 14844227 0.37000 0.55000 0.08000 1 0 40413556 19716954 20696602 6418828 4764220 1654608 6880623 1940043 4940580 27291790 BENEFICIAL INTEREST IN A CHARITABLE TRUST HELD BY THIRD PARTY 1661128 F BENEFICIAL INTEREST IN CHARITABLE AND PERPETUAL TRUSTS 16440000 F 18101128 OBLIGATIONS UNDER CAPITAL LEASES 51296 NOTES PAYABLE 85260 FAIR VALUE OF INTEREST RATE SWAP 112480 249036 17709218 2164580 -2926433 -761853 18471071 0 18471071 14302149 0 14302149 4487473 4487473 18789622 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUND CONSISTS OF APPROXIMATELY 90 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION ASSISTANCE -4,487,473. CHANGE IN BENEFICIAL INTEREST 1,560,000. RENTAL EXPENSES 1,039. ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION ASSISTANCE 4,487,473. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ETHEL WALKER SCHOOL ADVERTISES IN BOTH INTERNAL AND EXTERNAL PUBLICATIONS ITS POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, COLOR, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN. 1 FINANCIAL AID FOR TUITION 129 0 3563540 FMV FINANCIAL AID PART I, LINE 2: FINANCIAL AID IS PROVIDED VIA A REDUCTION OF THE TUITION CHARGES. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 BESSIE SPEERS HEAD OF SCHOOL 237500 0 0 0 24194 0 15720 0 87191 0 364605 0 0 0 THOMAS SCHNEIDER DIRECTOR OF FINANCE & OPERATIONS 156536 0 0 0 16143 0 8700 0 0 0 181379 0 0 0 JANE BRADFORD DIRECTOR OF GIFT PLANNING 152148 0 0 0 0 0 8100 0 0 0 160248 0 0 0 PART I, LINE 1A CERTAIN EMPLOYEES, INCLUDING THE HEAD OF SCHOOL, ARE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. A STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774UP66 2009-10-05 400000 REFUND CURRENT BOND ISSUE, FUND A DEBT SERVICE FUND, AND PAY ISSUANCE COSTS 0 0 0 B STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774UQ24 2009-10-05 650000 REFUND CURRENT BOND ISSUE, FUND A DEBT SERVICE FUND, AND PAY ISSUANCE COSTS 0 0 0 C STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774UR56 2009-10-05 2700000 REFUND CURRENT BOND ISSUE, FUND A DEBT SERVICE FUND, AND PAY ISSUANCE COSTS 0 0 0 D STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774UR72 2009-10-05 4470000 REFUND CURRENT BOND ISSUE, FUND A DEBT SERVICE FUND, AND PAY ISSUANCE COSTS 0 0 0 A 400000 8000 392000 2000 1 0 1 1 B 650000 13000 637000 2000 1 0 1 1 C 2700000 54000 2646000 2000 1 0 1 1 D 4277439 609100 85549 3559773 23017 2000 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 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 D 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 A STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2013-04-03 8665000 CONSTRUCTION OF NEW DORM AND OTHER CAPITAL MAINTENANCE PROJECTS 0 0 0 A 8665000 5830590 165000 2669410 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 THOMAS SPEERS SPOUSE OF HEAD OF SCHOOL 10200 EMPLOYMENT 0 X 34 1544681 FMV X HORSES 2 41006 INDEPENDENT APPRAISA X SUPPLIES 8 5391 DONORS APPRAISAL 2 0 1 0 PART I, LINE 32B: THE SCHOOL USES A BROKER TO SELL GIFTS OF SECURITIES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF THE ETHEL WALKER SCHOOL DIRECTS THAT THE FISCAL MANAGEMENT COMMITTEE REVIEW AND APPROVE THE FINAL VERSION WITH FULL AUTHORITY OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEE AND KEY EMPLOYEES NEED TO COMPLETE AN ANNUAL DISCLOSURE FORM WHICH IS REVIEWED BY THE DIRECTOR OF FINANCE. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL ENGAGED AN OUTSIDE CONSULTANT, HUGH MALLON, FOR A CONTRACT REVIEW TO DETERMINE HEAD OF SCHOOL COMPENSATION. 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 XI, LINE 9: CHANGE IN BENEFICIAL INTEREST 1,560,000. RENTAL EXPENSES 1,039. ROUNDING 1.