2013-05-14T15:40:40-05:00 2012-06-30 770601437 RESTIVO MONACELLI LLP 36 EXCHANGE TERRACE PROVIDENCE RI 02903 990 2011-07-01 050258876 THE GORDON SCHOOL GORD 4014343833 45 MAXFIELD AVENUE EAST PROVIDENCE RI 02914 TOM CICATIELLO 4014343833 2013-05-14 1 HELDER M MEDEIROSCPAPFSMST P00033534 4012737600 2011 2016-03-07 17:11:31Z TOM CICATIELLO 45 MAXFIELD AVENUE EAST PROVIDENCE RI 02914 22610260 0 X WWW.GORDONSCHOOL.ORG X 1929 RI EDUCATIONAL SERVICES FOR CHILDREN (NURSERY THROUGH GRADE 8). 26 25 135 280 0 0 2806330 2260754 9603388 10107172 406803 -443824 34701 57099 12851222 11981201 1762449 2034896 0 0 6402218 6617651 0 0 377929 2479113 2453933 10643780 11106480 2207442 874721 19181433 20387325 3020130 2944476 16161303 17442849 X THE GORDON SCHOOL IS A RACIALLY DIVERSE NURSERY THROUGH EIGHTH GRADE COEDUCATIONAL INDEPENDENT SCHOOL IN EAST PROVIDENCE, RHODE ISLAND. CHILD BY CHILD, THE GORDON SCHOOL COMMUNITY CULTIVATES SUCCESSFUL STUDENTS BY INSPIRING JOYFUL LEARNING, ENCOURAGING INTELLECTUAL LEADERSHIP, FOSTERING AN EMPATHIC SPIRIT AND STIMULATING A DRIVE FOR POSITIVE SOCIETAL IMPACT. 0 0 9025701 2034896 10107172 PROVIDING EDUCATIONAL SERVICES FOR CHILDREN (NURSERY TO GRADE 8) 9025701 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 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 0 0 0 0 0 1 73 0 135 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X TOM CICATIELLO 4014343833 45 MAXFIELD AVENUE EAST PROVIDENCE RI 02914 BERNIE BUONANNO 8.00 X X 0 0 0 ANDREW CAMPBELL 4.00 X X 0 0 0 HARRY ROMAIN 5.00 X X 0 0 0 SUSANNA BECKWITH 6.00 X X 0 0 0 MICHAEL HAMILTON 5.00 X X 0 0 0 ROBIN BOSS 5.00 X 0 0 0 DAVID BOURNS 4.00 X 0 0 0 SARAH DOBRON 4.00 X 0 0 0 FLOSSIE CRISP 4.00 X 0 0 0 BOB FINE 5.00 X 0 0 0 CORRYN LANGMUIR 4.00 X 0 0 0 CHERYL NATHANSON 4.00 X 0 0 0 PAM REDFERN 5.00 X 0 0 0 KERRI HAYES 4.00 X 0 0 0 RALPH WALES 55.00 X X 398105 0 47984 EILEEN CRADDOCK 5.00 X 0 0 0 CHRIS FAY 4.00 X 0 0 0 DESIREE IVEY 4.00 X 0 0 0 ROSE MALKIN 5.00 X 0 0 0 GEORGE MATOUK 4.00 X 0 0 0 IRENE PAPPAS 4.00 X 0 0 0 JASON PINA 4.00 X 0 0 0 ALEX REMPIS 4.00 X 0 0 0 JOANNA SALTONSTALL 4.00 X 0 0 0 SUSAN TAYLOR 4.00 X 0 0 0 JOHN TREVOR 4.00 X 0 0 0 THOMAS CICATIELLO 48.00 X 120245 0 0 MARYANNE PIERI 40.00 X 146002 0 14818 KIMBERLY RIDLEY 40.00 X 123152 0 8620 787504 0 71422 4 0 1 0 0 2260754 181799 2260754 TUITION AND RELATED FE 611600 10107172 10107172 10107172 303112 303112 87949 61329 26620 26620 26620 9820794 10567730 -746936 -746936 -746936 INTEREST ON A/R 611600 30479 30479 30479 11981201 10107172 0 -386725 2034896 2034896 881809 297853 583956 4427285 3775467 417998 233820 343940 294555 49385 588172 476440 64968 46764 376445 307690 68755 14388 14388 16000 16000 26529 26529 8207 8207 61992 61992 571632 449867 121765 33805 20588 13217 458853 379538 79315 20330 18296 2034 25445 25445 390346 351311 39035 43248 43248 STUDENT SERVICES 269460 269460 FACULTY SERVICES 143762 143762 GENERAL OPERATING 79382 79382 CENTENNIAL CAMPAIGN 63052 63052 227502 126596 66613 34293 11106480 9025701 1702850 377929 7438 6866 1646410 2249965 1727296 2609301 187760 173236 65747 64574 11501630 4601262 7103788 6900368 8442994 8383015 19181433 20387325 735709 770777 1890661 1760496 393760 413203 3020130 2944476 X 7458863 7187180 2967134 4261859 5735306 5993810 16161303 17442849 19181433 20387325 X 874721 406825 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8166832 258504 -72475 129555 8223306 6383140 698869 1260907 176084 8166832 5904796 225450 700952 448058 6383140 7361318 216711 -1683488 5894541 0.15500 0.11610 0.72890 1 0 495835 495835 728865 8499673 3304309 5924229 338855 228707 110148 37814 1400588 1068246 370156 6900368 VARIOUS MUTUAL FUNDS AND SECURITIES 8383015 F 8383015 DEPOSITS 183200 DEFERRED COMPENSATION 230003 413203 11981201 11106480 874721 406825 406825 1281546 11094962 406825 61329 468154 10626808 26529 1327864 1354393 11981201 9813416 61329 61329 9752087 26529 1327864 1354393 11106480 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE STUDENT WITH FINANCIAL AID AND SUPPORT VARIOUS SCHOOL PROGRAMS. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS LINE 6B RENTAL EXPENSE 61,329. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION EXPENSES SHOWN NET ON FINANCIALS 1,327,864. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RECLASS LINE 6B RENTAL EXPENSE 61,329. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION EXPENSES NETTED ON FINANCIALS 1,327,864. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE POLICY IS DESCRIBED IN ALL MEDIA, INTERVIEWS, BROCHURES APPLICATIONS, ADMISSIONS AND ASSISTANCE MATERIAL. 1 FINANCIAL AID 109 1459838 PUBLISHED TUITION RATES TUITION CREDIT TUITION REMISSION 24 575058 PUBLISHED TUITION RATES TUITION CREDIT PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE BOARD APPROVES THE TOTAL FINANCIAL AID AVAILABLE FOR THE YEAR AND DETERMINES THE INDIVIDUAL AWARDS TO BE GIVEN OUT TO STUDENTS BASED ON THE NEEDS OF THE STUDENT. ONCE AN AWARD IS GRANTED, AN ACCEPTANCE LETTER IS SIGNED BY THE PARENTS LISTING THE AMOUNT OF THE AWARD. ACCOUNTING POSTS AWARDS TO STUDENTS ACCOUNTS SO THAT EACH STUDENT IS BILLED THE GROSS TUITION LESS THE AMOUNT OF THE AWARD. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 RALPH WALES 294347 0 0 0 103758 0 15000 0 32984 0 446089 0 0 0 MARYANNE PIERI 146002 0 0 0 0 0 0 0 14818 0 160820 0 0 0 PART I, LINE 1A PER THE EMPLOYMENT CONTRACT, THE ORGANIZATION GROSS-UP TAX PAYMENTS ON CERTAIN TAXABLE FRINGE BENEFITS FOR THE HEAD OF SCHOOL. PER THE EMPLOYMENT CONTRACT, THE SCHOOL PAYS MONTHLY DUES AT A SOCIAL CLUB FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL IS RESPONSIBLE FOR ANY PERSONAL EXPENSES RELATED TO HIS PERSONAL USE OF THE CLUB. PART I, LINE 4B RALPH WALES - $15,000 DEFERRED COMPENSATION X 7 181799 MEAN MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO THE FILING OF THE FORM 990, ELECTRONIC FILES OF THE TAX RETURN ARE PROVIDED TO THE CHAIR, TREASURER AND ASSISTANT TREASURER. ALL QUESTIONS OR COMMENTS ARE POSED TO THE BUSINESS MANAGER WHO SUMMARIZES THE QUESTIONS AND COMMENTS INTO ONE DOCUMENT AND RESPONDS ELECTRONICALLY TO THE CHAIR, TREASURER AND ASSISTANT TREASURER. THIS PROCESS ALLOWS THE THREE GOVERNING BOARD MEMBERS TO SEE ALL QUESTIONS AND COMMENTS VOICED BY THEIR COLLEAGUES. ONCE ALL QUESTIONS AND COMMENTS ARE ADDRESSED TO THE CHAIR, TREASURER AND ASSISTANT TREASURER'S SATISFACTION, THE BUSINESS MANAGER IS AUTHORIZED TO FILE THE FORM 990. AT THE NEXT REGULARLY SCHEDULED MEETING, THE CHAIR ANNOUNCES THE COMPLETION OF THE ABOVE REVIEW AND INVITES ALL BOARD MEMBERS TO REVIEW THE COMPLETED FORM 990 IF THEY SO WISH. FORM 990, PART VI, SECTION B, LINE 12C ALL BUSINESS DEALINGS AND FINANCIAL TRANSACTIONS ARE PROCESSED/EXECUTED THROUGH THE BUSINESS OFFICE. THE CULTURE OF THE SCHOOL AND THE MANNER IN WHICH IT CONDUCTS ITS BUSINESS IS ONE OF TRANSPARENCY. TO AVOID ANY PERCEIVED OR ACTUAL CONFLICTS OF INTEREST THE SCHOOL AVOIDS ALL TRANSACTIONS OR BUSINESS DEALINGS THAT MIGHT INFER OR ACTUALLY BE A CONFLICT OF INTEREST. ALL MAJOR CONTRACTS OR LARGE PURCHASES ARE SENT OUT TO BID IN THE FORM OF A REQUEST FOR PROPOSAL. IN ALL CASES, OFFICERS, TRUSTEES, EMPLOYEES AND KEY EMPLOYEES ARE EXCLUDED FROM SUCH INVITATIONS. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL/EXECUTIVE DIRECTOR: THE COMPENSATION AND BENEFIT PACKAGE FOR THE HEAD OF SCHOOL IS DETERMINED BY A COMPENSATION COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE INCLUDES THE CHAIR OF THE BOARD AND OTHER CURRENT AND FORMER TRUSTEES WHO HAVE PROFESSIONAL EXPERIENCE IN INDEPENDENT SCHOOLS, LABOR LAW OR INDUSTRY. IN SETTING THE COMPENSATION AND BENEFIT PACKAGE FOR THE HEAD, THE COMPENSATION COMMITTEE REVIEWS AND ASSESSES LOCAL AND REGIONAL MARKET DATA SUPPLIED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS), THE HEAD'S PERFORMANCE AND THE LEADERSHIP NEEDS OF THE SCHOOL IN FURTHERING ITS MISSION. PERIODICALLY, THE SCHOOL WILL ENGAGE THE SERVICES OF AN INDEPENDENT CONTRACTOR WHO HAS SPECIFIC EXPERTISE IN THE EXECUTIVE COMPENSATION PROGRAMS AT EDUCATIONAL INSTITUTIONS. THE COMPENSATION COMMITTEE DOCUMENTS THE BASIS FOR ITS DETERMINATION WHICH INCLUDES; - THE TERMS OF THE APPROVED COMPENSATION AND BENEFIT PLAN AND THE DATE APPROVED. - THE MEMBERS OF THE COMMITTEE WHO PARTICIPATED IN THE DECISION - THE COMPARABLE DATA OBTAINED AND RELIED UPON. - DISCLOSURE OF ANY CONFLICTS OF INTEREST ON THE COMMITTEE (IF ANY). - BASIS FOR THE APPROVED COMPENSATION AND BENEFIT PACKAGE. THE CHAIR PRESENTS THE GENERAL TERMS OF THE HEAD'S CONTRACT TO THE BOARD IN EXECUTIVE SESSION. ALL FINANCIAL RAMIFICATIONS OF THE HEAD'S COMPENSATION ARE INCLUDED IN THE SCHOOL'S OPERATING BUDGET WHICH IS APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. TOP MANAGEMENT OFFICIALS: EACH YEAR AFTER CONSIDERING THE INDIVIDUAL'S PERFORMANCE, LOCAL AND NATIONAL MARKET ANALYSIS SUPPLIED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND BUDGETARY CONSTRAINTS, THE HEAD OF SCHOOL ASSESSES AND SETS THE COMPENSATION FOR EACH TOP MANAGEMENT OFFICIAL. THE RATIONALE FOR THE DECISION IS DOCUMENTED IN THE BUDGETARY NOTES MAINTAINED IN THE BUSINESS OFFICE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE KEPT IN THE BUSINESS OFFICE OF THE SCHOOL AND ARE AVAILABLE UPON REQUEST. FORM 990 IS ALSO AVAILABLE ON GUIDESTAR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 406,825. AUDIT COMMITTEE FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.