2013-02-06T11:18:47-07:00 2012-06-30 990 2011-07-01 060646681 INDIAN MOUNTAIN SCHOOL INCORPORATED INDI 8604350871 211 INDIAN MOUNTAIN ROAD LAKEVILLE CT 06039 William Zekas 8604350871 2013-02-06 2011 2016-02-25 16:41:14Z Lucius Fowler 211 Indian Mountain Road Lakeville CT 06039 11500193 0 X WWW.INDIANMOUNTAIN.ORG X 501(C)3 1922 CT TO PROVIDE EDUCATION TO PRE K THRU 9TH GRADE SCHOOL STUDENTS, INCLUDING BOTH DAY AND BOARDING STUDENTS. 24 24 123 0 0 0 2165712 2290369 7874783 7813197 596423 244625 0 0 10636918 10348191 895236 957652 0 0 5285512 5312581 45912 30000 485460 2999735 3071214 9226395 9371447 1410523 976744 15879424 17792382 1298759 1921400 14580665 15870982 TO PROVIDE EDUCATION TO PRE K THRU 9TH GRADE DAY AND BOARDING SCHOOL STUDENTS. 0 0 7389573 957652 7813197 Basic program service activities include school and education programs for approximately 192 students in grades 5-9 and approximately 60 students in grades PK-4. This includes both day and boarding students. 0 0 0 7389573 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 70 0 1 123 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WILLIAM J ZEKAS 8604350871 211 INDIAN MOUNTAIN ROAD LAKEVILLE CT 06039 LUCIUS L FOWLER 0 X X 0 0 0 GEORGE A BENINGTON 0 X 0 0 0 GIAN ANDREA BOTTA 0 X 0 0 0 LAURA H HARRIS 0 X 0 0 0 MARY HARVEY 0 X 0 0 0 JAMES KIGGEN 0 X 0 0 0 CAROLINE MERISON 0 X 0 0 0 HELEN MOORE 0 X 0 0 0 SAMUEL F POSEY JR 0 X 0 0 0 ROSELLEN W SCHNURR 0 X 0 0 0 JOHN S W SPOFFORD 0 X 0 0 0 THOMAS D STEINER 0 X 0 0 0 JUSTIN VAGLIANO 0 X 0 0 0 MARIA HORN 0 X X 0 0 0 KEITH MULLINS 0 X X 0 0 0 JESSICA FOWLER 0 X X 0 0 0 JOHN P BANNING 0 X 0 0 0 ANNETTE MORRISS CLOW 0 X 0 0 0 BRYAN MCCOY 0 X 0 0 0 EMILIE M PRYOR 0 X 0 0 0 ANNA TRAGGIO 0 X 0 0 0 Chul Joon Park 0 X 0 0 0 Christina Lang-Assael 0 X 0 0 0 Robin McGraw 0 X 0 0 0 MARK A DEVEY 40 X X 170248 0 103012 WILLIAM J ZEKAS 40 X 113672 0 18397 283920 0 121409 2 0 1 0 SAGE DINING SERVICE SUITE 100 1402 YORK ROAD LUTHERVILLE MD 21093 DINING/FOOD SERVICE 538745 1 0 0 201891 0 0 2088478 148520 2290369 Tuition and Fees 611110 7575789 7575789 0 0 Auxiliary Services-Bkstore 611110 150900 150900 0 0 Other School Program Fees 611110 86508 86508 0 0 0 0 0 0 7813197 164448 164448 0 0 0 0 0 0 0 0 0 0 0 0 1221070 11109 1152002 0 69068 11109 80177 80177 0 0 201891 0 10348191 8057822 0 0 0 0 916652 916652 41000 41000 0 0 267117 0 267117 0 0 0 0 0 3680321 2851585 604633 224103 139105 100757 28078 10270 939101 890030 32791 16280 286937 214199 56323 16415 0 0 0 0 12678 0 12678 0 16000 0 16000 0 0 0 0 0 30000 30000 35322 34196 1126 0 56718 40608 11360 4750 46344 45433 911 0 0 0 0 0 113762 25695 66902 21165 0 0 0 0 16566 16566 0 0 92495 63830 9492 19173 0 0 0 0 29741 26888 919 1934 1975 1770 205 0 0 0 0 0 559651 559651 0 0 91825 0 91825 0 Food and Supplies expense 697121 610851 58741 27529 Sub Eqt & Vehicle expenses 394980 348163 31721 15096 Utilities & Telephone expenses 342874 311858 30973 43 Bad debt & School/Stud Svces expenses 201957 140165 61658 134 361205 149676 112961 98568 9371447 7389573 1496414 485460 1314724 1556948 1141278 1459578 95018 132015 104658 103841 144742 248686 18352073 11063180 5575291 7288893 7503713 7002421 15879424 17792382 516495 525394 0 700401 775603 0 0 0 0 521000 0 81863 99403 1298759 1921400 X 9581070 10814484 2801929 2758732 2197666 2297766 14580665 15870982 15879424 17792382 X 976744 313573 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6926611 98144 540454 0 490807 37080 7037322 5860402 98538 1230026 0 226915 35440 6926611 5220055 77123 813754 0 221379 29151 5860402 5897612 347444 -762782 0 235538 26681 5220055 0.67 0.33 0 0 0 0 409640 409640 0 15505044 9256906 6248138 0 0 0 0 0 2253198 1806274 446924 0 184191 0 184191 7288893 Deferred Compensation-Head 99403 99403 10348191 9371447 976744 313575 0 0 0 0 313575 1290319 9706964 313575 0 0 0 313575 9393389 0 954802 954802 10348191 8416645 0 0 0 0 0 8416645 0 954802 954802 9371447 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The organization's endowment funds are used to pay for the expenses related to the educational purpose of the organization. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Financial Aid Grants: Audited financial statements included financial aid grants as a direct reduction of tuition and fee income. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Financial Aid Grants: Audited financial statements included financial aid grants as a direct reduction of tuition and fee income. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Advertised in local/regional newspaper annually Financial Aid: Boarding Central America and the Caribbean 2 41000 Applied against Tuition 0 n/a 0 0 0 0 0 0 X X X X X 1 Jenks Group LLC PO Box 429 Falls Village CT 06031 Provides comprehensive consulting services for school's development capital campaign. 0 125000 30000 95000 125000 30000 95000 All States IMS Auction 177700 0 177700 0 0 0 0 0 29645 IMS Tuition Raffle 19875 0 19875 0 0 0 0 0 10205 0 197575 0 197575 0 0 0 0 0 39850 39850 157725 1 Financial Aid Awards: Boarding Tuition 12 385870 0 Financial Aid Awards: Day Tuition 64 520997 0 Financial Aid Awards: Tutoring & Other Incidental Fees 10 9785 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The Organization maintains a financial aid committee of five individuals, including the Head of School, Director of Admissions, Associate Director of Admissions, Chief Financial Officer, and Director of Financial Aid/Controller. The committee reviews all financial aid applications on an annual basis to determine awards, utilizing tax returns, SSS applications, and parent interviews. Financial aid awards are based on need. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 MARK A DEVEY 170248 0 0 0 0 0 9180 0 93832 0 273260 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The Head of School and his family reside, as a condition of employment, in the Head of School's house at 211 Indian Mountain Road, the school property. The school pays for housekeeping services for the Head of School's residence. At the school's request, the Head of School is a member of the local country club, Norfolk Country Club. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 Please refer to Schedule O Supplemental Information to Form 990, Part VI, Line 15 explanation. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 The Organization made deferred compensation payments, per terms of employment contract, for Mark Devey (Head of School), in the amount of $17,500. X 9 148520 Cost Basis-Rec Date 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b Salisbury Bank & Trust sells all stock gifts. Indian Mountain School maintains a custodial bank account at our local bank. Any donated securities to our organization are received and valued at the bank's calculated cost basis on the date of receipt. The calculated cost basis is the mean of the securities' high and low valuation on the receipt date. Upon confirmation of the donor by Indian Mountain School, the bank immediately sells the securities, recording an appropriate gain or loss. Indian Mountain School had 9 such contributions during the period of 7/1/11-6/30/12. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The members of the Board of Trustees elect their own officers and vote on the induction of new Trustees. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Prior to the filing of this Form 990, a copy of the completed form was sent for review to all voting members of the School's Board of Trustees. The Trustees were instructed to review the information in the form and to let the School's Chief Financial Officer know if they had any questions or suggested modifications. The Trustees were given approximately two weeks to review the form before it was filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c On an annual basis, the Board of Trustees circulates its conflict of interest policy. All Trustees then are require to disclose any potential conflicts of interest and also to sign their acknowledgment of the policy. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation for the Head of School, the School's top Management Official, is determined by the compensation committee made up of independent members of the Board of Trustees, including the President and the Vice President of the Board. Their process includes: communication with an independent consultant who is knowledgeable about the compensation of Heads of similar schools; a review of the Head's job performance; a review of information about compensation of Heads of similar schools found in their respective Form 990's; consideration of percent raises given to other employees of the School; consideration of the School's overall financial status. The compensation for the Chief Financial Officer is set by the Head of School. The Head considers the following in setting his salary: a review of his job performance; as appropriate, a review of information from the National Association of Independent Schools about CFO compensation; percent raises given to other employees of the School; consideration of the School's overall financial status. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The Organization's Governing Documents, Conflict of Interest Policy, and Financial Statements, are available upon request to the Chief Financial Officer, William Zekas, in the Business Office. F990_P11_S00_L05 Form 990, Part XI, Line 5 Net unrealized gains (losses) on investments. Automatic 90 day extension filed.