KENT SCHOOL CORPORATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KENT SCHOOL CORPORATION (EIN 06-0646687)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201431349349305153
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T13:49:30-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061009205 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUM SHAPIRO & COMPANY PC CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29 S MAIN STREET PO BOX 272000 | AddressLine1 |
| City | WEST HARTFORD | City |
| State | CT | State |
| ZIP Code | 061272000 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060646687 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENT SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KENT | NameControl |
| Phone | 8609276000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2006 | AddressLine1 |
| City | KENT | City |
| State | CT | State |
| ZIP Code | 06757 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFFREY D CATALDO | Name |
| Title | ASSISTANT TREASURER & CFO | Title |
| Phone | 8609276046 | Phone |
| Date Signed | 2014-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELIZABETH SOLECKI | Name |
| PTIN | P00235171 | PTIN |
| Phone | 8605614000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JEFFREY D CATALDO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2006 | AddressLine1 |
| City | KENT | City |
| State | CT | State |
| ZIP Code | 06757 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 43855267 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.KENT-SCHOOL.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1906 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | NON-PROFIT, INDEPENDENT, PREPATORY SCHOOL; EDUCATING APP. 520 BOARDING AND 50 DAY STUDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 273 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 39490 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -65150 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3604886 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6174759 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 28658511 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 30405900 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1015386 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2287309 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 164608 | OtherRevenuePriorYear |
| Other Revenue Current Year | 103457 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 33443391 | TotalRevenuePriorYear |
| Total Revenue Current Year | 38971425 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 7075330 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7498325 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 15351888 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 16401814 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 32000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1492759 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14416204 | OtherExpensePriorYear |
| Other Expenses Current Year | 13422630 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 36875422 | TotalExpensesPriorYear |
| Total Expenses Current Year | 37322769 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3432031 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1648656 | RevenuesLessExpensesCY |
| Total Assets BOY | 147685402 | TotalAssetsBOY |
| Total Assets EOY | 162082048 | TotalAssetsEOY |
| Total Liabilities BOY | 53558320 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 59468858 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 94127082 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 102613190 | NetAssetsOrFundBalancesEOY |
| Mission Description | ESTABLISH AND MAINTAIN A SCHOOL WHICH SHALL PROVIDE FOR BOYS AND GIRLS OF ABILITY AND CHARACTER AN ACADEMIC COURSE OF INSTRUCTION. SIMPLICITY OF LIFE, SELF-RELIANCE, AND DIRECTNESS OF PURPOSE ARE TO BE ESPECIALLY ENCOURAGED. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 31438061 | Expense |
| Grants | 7498325 | Grants |
| Revenue | 30366410 | Revenue |
| Description | INDEPENDENT, CO-EDUCATIONAL PREPATORY SCHOOL; EDUCATING BOTH BOARDING AND DAY STUDENTS. SIMPLICITY OF LIFE, SELF-RELIANCE AND DIRECTNESS OF PURPOSE ARE TO BE ESPECIALLY ENCOURAGED IN BOTH BOY AND GIRL STUDENTS. | Description |
| Total Program Service Expense | 31438061 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 1 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 70 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 273 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFREY D CATALDO BUSINESS MGR CFO & ASST TREASURER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8609276046 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2006 | AddressLine1 |
| City | KENT | City |
| State | CT | State |
| ZIP Code | 067570640 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| BENJAMIN WARING PARTRIDGE IV | ||||||||
| PRESIDENT & TRUSTEE | 2.00 | X | X | 0 | 0 | 0 | ||
| DAVID C CLAPP | ||||||||
| VICE PRESIDENT & TRUSTEE | 2.00 | X | X | 0 | 0 | 0 | ||
| ROBERT S ANDERSON | ||||||||
| TREASURER & TRUSTEE | 2.00 | X | X | 0 | 0 | 0 | ||
| CATHLEEN P BLACK | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ANDREW A BOGLE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| FREDERIC A BOURKE III | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JOHN HARVEY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| PETER PATCH | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| WILLIAM G CAREY III | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ALAN S S CHUANG | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| HILTON B CLARK | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| THOMAS CRAIG | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| SIR RICHARD B DEARLOVE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ANN DICKINSON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ALICE C FRELINGHUYSEN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| PETER W GETSINGER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| THOMAS L HARRISON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ROBERT F HOERLE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| HENRIK VANDERLIP | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| HELEN M PARDOE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| WILLIAM C PETTY III | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| LORD JONATHAN ROTHMERMERE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| LYNN DOE SHIPWAY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| REV E DON TAYLOR | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BRUCE N WHITMAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| KIMBERLY BRAINARD NAYLOR | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RENE A LACERTE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| WILLIAM W WURTS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RICHARDSON W SCHELL | ||||||||
| SECRETARY & HEADMASTER | 60.00 | X | 351126 | 0 | 135940 | |||
| JEFFREY D CATALDO | ||||||||
| ASST. TREASURER & CFO | 50.00 | X | 181801 | 0 | 90896 | |||
| MARC CLOUTIER | ||||||||
| ASST. SECRETARY | 50.00 | X | 135127 | 0 | 66406 | |||
| ADAM FISCHER | ||||||||
| IT DIRECTOR | 50.00 | 113816 | 0 | 102013 | X | |||
| KENT ALLEY | ||||||||
| FUNDRAISER | 50.00 | 100357 | 0 | 22111 | X | |||
| KATHERINE SULLIVAN | ||||||||
| DIRECTOR OF ADMISSION | 50.00 | 100309 | 0 | 13199 | X | |||
| CATHERINE MAZZA | ||||||||
| DEAN OF STUDENTS | 50.00 | 110675 | 0 | 49632 | X | |||
| THOMAS B SIDES | ||||||||
| FORMER OFFICER | 50.00 | 246123 | 0 | 36660 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1339334 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 516857 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ABM JANITORIAL SERVICES | |||||
| PO BOX 1534 | NEW YORK | NY | 10008 | CLEANING SERVICE | 562804 |
| APEX TECHNOLOGIES | |||||
| 2158 PLAINFIELD PIKE SUITE 1 | CRANSTON | RI | 02921 | IT NET/INFRASTRUCTURE | 441055 |
| ALLIED PRINTING | |||||
| PO BOX 34 | BRATTLEBORO | VT | 05302 | PRINTING SERVICES | 256369 |
| SLAM COLLABORATIVE | |||||
| PO BOX 12 | BRATTLEBORO | VT | 05302 | ARCHITECTS | 241840 |
| WILLIAM C GAWEL | |||||
| PO BOX 31 | KENT | CT | 06757 | EXCAVATION | 183164 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Government Grants | 3517 | GovernmentGrants |
| All Other Contributions | 6171242 | AllOtherContributions |
| Noncash Contributions | 401444 | NoncashContributions |
| Total Contributions | 6174759 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & RELATED SERV. | 611710 | 29292837 | 29292837 | |
| OTHER PROGRAM RELATED FEES | 611710 | 917781 | 917781 | |
| SUMMER RENTAL INCOME | 531190 | 155792 | 155792 | |
| MEMBERSHIP DUES | 713940 | 39490 | 39490 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 30405900 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1040730 | TotalRevenueColumn |
| Exclusion | $1,040,730 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5888983 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4642404 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1246579 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1246579 | TotalRevenueColumn |
| Exclusion | $1,246,579 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 344895 | GrossSalesOfInventory |
| Cost Of Goods Sold | 241438 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 103457 | TotalRevenueColumn |
| Exclusion | $103,457 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38971425 | TotalRevenueColumn |
| Related Or Exempt Function Income | 30366410 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 39490 | UnrelatedBusinessRevenue |
| Exclusion | $2,390,766 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7498325 | Total |
| Program Services | 7498325 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 960154 | Total |
| Program Services | 206186 | ProgramServices |
| Management And General | 497529 | ManagementAndGeneral |
| Fundraising | 256439 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 311935 | Total |
| Management And General | 311935 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10449087 | Total |
| Program Services | 8789586 | ProgramServices |
| Management And General | 1069479 | ManagementAndGeneral |
| Fundraising | 590022 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1939751 | Total |
| Program Services | 1627963 | ProgramServices |
| Management And General | 220048 | ManagementAndGeneral |
| Fundraising | 91740 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1951867 | Total |
| Program Services | 1760568 | ProgramServices |
| Management And General | 117178 | ManagementAndGeneral |
| Fundraising | 74121 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 789020 | Total |
| Program Services | 619796 | ProgramServices |
| Management And General | 115336 | ManagementAndGeneral |
| Fundraising | 53888 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111092 | Total |
| Management And General | 111092 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69536 | Total |
| Management And General | 69536 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 510608 | Total |
| Management And General | 510608 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 206578 | Total |
| Program Services | 138807 | ProgramServices |
| Management And General | 44021 | ManagementAndGeneral |
| Fundraising | 23750 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21197 | Total |
| Management And General | 21197 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1340452 | Total |
| Program Services | 998778 | ProgramServices |
| Management And General | 240864 | ManagementAndGeneral |
| Fundraising | 100810 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133069 | Total |
| Program Services | 70451 | ProgramServices |
| Management And General | 9616 | ManagementAndGeneral |
| Fundraising | 53002 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2805342 | Total |
| Program Services | 2805342 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 297771 | Total |
| Program Services | 227091 | ProgramServices |
| Management And General | 50654 | ManagementAndGeneral |
| Fundraising | 20026 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38524 | Total |
| Fundraising | 38524 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1313746 | Total |
| Program Services | 1313746 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3062642 | Total |
| Program Services | 2878884 | ProgramServices |
| Management And General | 153132 | ManagementAndGeneral |
| Fundraising | 30626 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221525 | Total |
| Management And General | 221525 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| EQUIP. RENTAL & MAINT. | 899378 | 874676 | 24702 |
| FOOD | 537732 | 537732 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1853438 | Total |
| Program Services | 1090130 | ProgramServices |
| Management And General | 603497 | ManagementAndGeneral |
| Fundraising | 159811 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37322769 | Total |
| Program Services | 31438061 | ProgramServices |
| Management And General | 4391949 | ManagementAndGeneral |
| Fundraising | 1492759 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15792508 | BOY |
| EOY | 20758897 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6237564 | BOY |
| EOY | 6668761 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6601433 | BOY |
| EOY | 6602846 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 253947 | BOY |
| EOY | 292868 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4227979 | BOY |
| EOY | 3962307 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 107194283 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 49208624 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56085232 | BOY |
| EOY | 57985659 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44395126 | BOY |
| EOY | 50365219 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13287113 | BOY |
| EOY | 14701307 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 804500 | BOY |
| EOY | 744184 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 147685402 | BOY |
| EOY | 162082048 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2352152 | BOY |
| EOY | 2789656 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19908065 | BOY |
| EOY | 20365527 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26150447 | BOY |
| EOY | 32994296 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5147656 | BOY |
| EOY | 3319379 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53558320 | BOY |
| EOY | 59468858 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36149869 | BOY |
| EOY | 50160614 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17904022 | BOY |
| EOY | 9671872 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40073191 | BOY |
| EOY | 42780704 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94127082 | BOY |
| EOY | 102613190 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 147685402 | BOY |
| EOY | 162082048 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1648656 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 5019603 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 1817849 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 55822436 | BeginningOfYearBalance |
| Contributions | 1261351 | Contributions |
| Investment Earnings Or Losses | 6054143 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3938000 | GrantsOrScholarships |
| End Of Year Balance | 59199930 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 59690734 | BeginningOfYearBalance |
| Contributions | 654696 | Contributions |
| Investment Earnings Or Losses | -864994 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3658000 | GrantsOrScholarships |
| End Of Year Balance | 55822436 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 52804510 | BeginningOfYearBalance |
| Contributions | 628572 | Contributions |
| Investment Earnings Or Losses | 9985652 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3728000 | GrantsOrScholarships |
| End Of Year Balance | 59690734 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51220227 | BeginningOfYearBalance |
| Contributions | 814066 | Contributions |
| Investment Earnings Or Losses | 4564585 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3794368 | GrantsOrScholarships |
| End Of Year Balance | 52804510 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 65861541 | BeginningOfYearBalance |
| Contributions | 781086 | Contributions |
| Investment Earnings Or Losses | -11315041 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4107359 | GrantsOrScholarships |
| End Of Year Balance | 51220227 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.24000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.68000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.08000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 705348 | OtherCostOrOtherBasis |
| Book Value | 705348 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 86341387 | OtherCostOrOtherBasis |
| Depreciation | 33187307 | Depreciation |
| Book Value | 53154080 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11732869 | OtherCostOrOtherBasis |
| Depreciation | 9608444 | Depreciation |
| Book Value | 2124425 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8414679 | OtherCostOrOtherBasis |
| Depreciation | 6412873 | Depreciation |
| Book Value | 2001806 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 57985659 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| ALTERNATIVE INVESTMENTS | 12641163 | F |
| REAL ESTATE | 649265 | F |
| SPLIT INTEREST AGREEMENTS | 1410879 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 14701307 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED PENSION EXPENSE | $2,523,677 |
| POOLED INCOME FUND LIABILITY | $323,218 |
| LIABILITY UNDER SPLIT INTEREST AGREEMENTS | $472,484 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3319379 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 35441016 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 5019603 | NetUnrealizedGainsInvestments |
| Other Revenues | -8791450 | OtherRevenues |
| Revenue Not Rptd F990 | -3771847 | RevenueNotRptdF990 |
| Revenue Subtotal | 39212863 | RevenueSubtotal |
| Other Revenues Not Included | -241438 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -241438 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 38971425 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 26954908 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -1576411 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -1576411 | ExpensesNotRptdF990 |
| Expenses Subtotal | 28531319 | ExpensesSubtotal |
| Other Expenses Not Included | 8791450 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 8791450 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 37322769 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO SUPPORT THE SCHOOL'S MISSION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID/TUITION REMISSION -8,288,825. INVESTMENT FEES -502,625. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COGS -241,438. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COGS 241,438. CHANGE IN PENSION LIABILITY -1,817,849. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID/TUITION REMISSION 8,288,825. INVESTMENT FEES 502,625. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | A NOTICE OF OUR NONDISCRIMINATORY POLICY AS TO STUDENTS WAS PUBLISHED IN THE HARTFORD COURANT |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | KENT SCHOOL RECEIVES A GRANT FROM THE REGION 1 SCHOOL DISTRICT. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures | Specific Services ProvidedSpecificServicesProvided |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | FUNDRAISING | 12800 | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM | 13400 | ADMISSION |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | 35959 | |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM | 1000 | ADMISSION |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM | 33000 | ADMISSION |
| RUSSIA & THE NEWLY INDEPENDENT STATES | 0 | 0 | PROGRAM | 6000 | ADMISSION |
| SOUTH AMERICA | 0 | 0 | PROGRAM | 4000 | ADMISSION |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | 3148731 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 3254890 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 3254890 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 224 | NumberOfRecipients |
| Amount Of Cash Grant | 0 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 7498325 | AmountOfNonCashAssistance |
| Method Of Valuation | FAIR VALUE | MethodOfValuation |
| Description Of Non Cash Assistance | WAIVE TUITION, FEES, AND OTHER CHARGES FOR THOSE STUDENTS WHO QUALIFY FOR AID. | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS PROVIDED VIA A WAIVER OF TUITION, FEES, AND OTHER CHARGES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARDSON W SCHELL | ||||||||||||||
| SECRETARY & HEADMASTER | 351126 | 0 | 0 | 0 | 0 | 0 | 112986 | 0 | 22954 | 0 | 487066 | 0 | 0 | 0 |
| JEFFREY D CATALDO | ||||||||||||||
| ASST. TREASURER & CFO | 181801 | 0 | 0 | 0 | 0 | 0 | 20625 | 0 | 70271 | 0 | 272697 | 0 | 0 | 0 |
| MARC CLOUTIER | ||||||||||||||
| ASST. SECRETARY | 135127 | 0 | 0 | 0 | 0 | 0 | 39038 | 0 | 27368 | 0 | 201533 | 0 | 0 | 0 |
| ADAM FISCHER | ||||||||||||||
| IT DIRECTOR | 113816 | 0 | 0 | 0 | 0 | 0 | 13467 | 0 | 88546 | 0 | 215829 | 0 | 0 | 0 |
| CATHERINE MAZZA | ||||||||||||||
| DEAN OF STUDENTS | 110675 | 0 | 0 | 0 | 0 | 0 | 26862 | 0 | 22770 | 0 | 160307 | 0 | 0 | 0 |
| THOMAS B SIDES | ||||||||||||||
| FORMER OFFICER | 246123 | 0 | 0 | 0 | 0 | 0 | 27289 | 0 | 9371 | 0 | 282783 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | BUSINESS CLASS TRAVEL IS PROVIDED FOR THE HEADMASTER ON CERTAIN EUROPEAN TRIPS. CERTAIN EMPLOYEES, INCLUDING THE HEADMASTER, ARE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. A CLEANING SERVICE IS PROVIDED FOR THE HEADMASTER'S RESIDENCE. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| CHEFA | ||||||||
| A | 060806186 | 20774LJ97 | 2004-10-06 | 21725000 | REFUND EXISTING DEBT | 0 | 0 | 0 |
| CHEFA | ||||||||
| B | 060806186 | 2013-03-28 | 17490000 | REFUND EXISTING DEBT & ISSUANCE OF NEW DEBT | 0 | 0 | 0 | |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceeds | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund | Capital ExpendituresCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 22982518 | 22228726 | 344792 | 409000 | 2004 | 0 | 1 | 1 | 1 | ||
| B | 17490000 | 9335000 | 155000 | 2014 | 0 | 1 | 0 | 1 | 6846310 | 1153690 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 1 |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.01970 | 0.01970 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 1 |
| B | 1 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| BETTINA CLOUTIER | |||
| SPOUSE OF AN OFFICER | 61374 | EMPLOYMENT | 0 |
| BENJAMIN WARING PARTRIDGE | |||
| PRESIDENT & TRUSTEE | 57300 | RENTAL PAYMENTS | 0 |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE L, PART IV: | Identifier |
| Explanation | IN MARCH OF 2013 THE SCHOOL ENTERED INTO A 60 MONTH LEASE FOR A BUILDING AND SURROUNDING PROPERTY WITH A SINGLE MEMBER LLC OWNED BY A MEMBER OF THE BOARD OF TRUSTEES.EMPLOYMENT OF INTERESTED PERSONS IS REVIEWED AND APPROVED AS APPROPRIATE BASED ON THE INDIVIDUAL'S ABILITY TO PERFORM THE JOB. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 42 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 356444 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | HORSES | Description |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 45000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | LOWER OF FMV/APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE CORPORATION CONSIST OF THE HEADMASTER AND THE CURRENT MEMBERS OF THE BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE ORGANIZATION VOTE ON THE TRUSTEE NOMINATIONS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS VOTE ON AND APPROVE DECISIONS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 AND ALL RELATED SCHEDULES ARE REVIEWED WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. SUCH COMMITTEE HAS RESPONSIBILITY FOR ENSURING BOTH ACCURATE AND COMPLETE FINANCIAL AND TAX DISCLOSURE. ONCE FORM 990 IS APPROVED BY THE AUDIT COMMITTEE, FORM 990, EXCLUDING THE SCHEDULE B, IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD FOR REVIEW PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR THE SCHOOL SURVEYS THE FULL BOARD OF TRUSTEES TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE PROCESS IS REVIEWED BY BOTH THE HEADMASTER'S OFFICE AND THE BUSINESS MANAGER'S OFFICE TO CONFIRM NO CONFLICT OF INTEREST OR TO REVIEW THE POSSIBLE CONFLICT AND RESOLVE AS APPROPRIATE. ALL CONFLICTS MUST BE VOTED ON AND APPROVED BY THE AUDIT COMMITTEE. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE WILL CONSIDER THE SKILL SET OF THE HEAD OF SCHOOL, THE EXPERIENCE LEVEL OF THE HEAD OF SCHOOL AND WILL BENCHMARK CURRENT COMPENSATION AND PROPOSED COMPENSATION AGAINST OTHER HEADMASTERS IN OUR PEER GROUP. FURTHER, THE COMMITTEE, IF IT DEEMS APPROPRIATE, WILL LOOK TO THE ADVICE OF A 3RD PARTY CONSULTANT TO VALIDATE COMPENSATION. THE COMMITEE WILL THEN MAKE A RECOMMENDATION AS TO THE COMPENSATION WHICH WILL BE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. FOR OTHER OFFICERS AND KEY EMPLOYEES, THE BUSINESS MANAGER AND THE HEADMASTER WILL REVIEW COMPENSATION IN CONJUNCTION WITH JOB RESPONSIBILITY, SKILL SET AND EXPERIENCE. THE JOB WILL THEN BE BENCHMARKED AGAINST OTHER POSITIONS AT OTHER SCHOOLS WITHIN OUR PEER GROUP. THE PROPOSED COMPENSATION WILL THEN BE DISCUSSED AS NECESSARY WITH MEMBERS OF THE BOARD'S EXECUTIVE COMMITTEE. IN THE RECENT PAST, A 3RD PARTY CONSULTANT HAS NOT BEEN USED TO SET THE COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL'S BY LAWS, CERTIFICATE OF INCORPORATION, AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND ALL TAX RELATED DOCUMENTATION WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | CHANGE IN PENSION LIABILITY 1,817,849. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| PART VII, SECTION A | THE KENT SCHOOL HAS DISCLOSED THE VALUE OF HOUSING AS A NONTAXABLE BENEFIT ON PART VII, SECTION A AND ON SCHEDULE J. HOWEVER, THE KENT SCHOOL DOES NOT CONSIDER THE HOUSING TO BE AN EMPLOYEE BENEFIT. HOUSING IS A CONDITION OF EMPLOYMENT THAT IS REQUIRED AND NECESSARY TO ALLOW CERTAIN EMPLOYEES TO PERFORM THEIR JOB RESPONSIBILITIES. | COMPENSATION: |
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