2013-02-14T14:04:29-06:00 2012-06-30 061271935 TRACY E FILLOW CPA 23 SOUTH MAIN ST PO BOX 799 KENT CT 06757 990 2011-07-01 060726595 MARVELWOOD SCHOOL INC MARV 8609275316 476 SKIFF MT RD PO BOX 3001 KENT CT 067573001 RICHARD BECKER 8609275316 2013-02-14 1 TRACY E FILLOW CPA P00634557 8609274848 2013-02-05 X 2011 2016-03-07 17:11:31Z ARTHUR F GOODEARL JR 476 SKIFF MOUNTAIN ROAD KENT CT 06757 10707820 0 X WWW.MARVELWOOD.ORG X 1956 CT MARVELWOOD IS A BOARDING SCHOOL PROVIDING COLLEGE-PREPARATORY EDUCATION TO APPROX. 170 STUDENTS. 14 14 108 25 193369 -2862 535033 1296308 8787658 8318577 87645 95378 240648 416835 9650984 10127098 803777 945743 0 0 3776346 3556864 0 0 544749 4932871 4839797 9512994 9342404 137990 784694 15481098 15827127 9711473 9358506 5769625 6468621 X MARVELWOOD'S MISSION IS TO PROVIDE THE PATH THAT LEADS TOPERSONAL GROWTH AND ACADEMIC SUCCESS FOR YOUNG PEOPLEWILLING TO GET INVOLVED IN THEIR OWN EDUCATION ANDCOMMITTED TO THE CHALLENGE OF PREPARING FOR COLLEGE.THE SCHOOL IS AN OPTIMISTIC PLACE THAT PROVIDES A STRUCTURED,SUPPORTIVE AND CHALLENGING ENVIRONMENT, CELEBRATES DIVERSITY,AND AWAKENS UNTAPPED POTENTIAL. 0 0 7343265 939313 8423004 MARVELWOOD PROVIDES SECONDARY SCHOOL EDUCATION TO APPROXIMATELY 170, PRIMARILY BOARDING, STUDENTS. NONACADEMIC PROGRAMS INCLUDE WEEKLY COMMUNITY SERVICE, VISUAL AND PERFORMING ARTS ELECTIVES AND INTERSCHOLASTIC AND NONCOMPETITIVE SPORTS. THE SCHOOL PROVIDES A STRUCTURED, SUPPORTIVE AND CHALLENGING ENVIRONMENT FOR COLLEGE PREPARATORY EDUCATION. 63298 6430 86125 DURING THE SUMMER OF 2011 MARVELWOOD OFFERED AN ACADEMIC AND LEADERSHIP PROGRAM. THIS WAS A FOUR WEEK PROGRAM OF ACADEMIC INSTRUCTION, SUPPLEMENTED WITH AFTERNOON LEADERSHIP SEMINARS AND ARTISTIC OPTIONS. APPROXIMATELY 15 STUDENTS BENEFITTED FROM THIS PROGRAM. MARVELWOOD SUMMER PROGRAM PARTICIPANTS RETURN TO THEIR HOME SCHOOLS WITH A STRONG SENSE OF ACCOMPLISHMENT, A WEALTH OF STRATEGIES FOR CONTINUED SUCCESS, AND A RENEWED SENSE OF CONFIDENCE IN THEMSELVES AND THEIR ABILITIES. 7406563 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 82 0 108 1 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 0 0 X RICHARD BECKER 8609270047 476 SKIFF MOUNTAIN ROAD KENT CT 06757 JAMES R SAMARTINI 2.00 X X 0 0 0 TED BOHNEN 2.00 X X 0 0 0 MARY BAINBRIDGE 2.00 X X 0 0 0 PETER GROSSMAN 2.00 X X 0 0 0 THOMAS H C PATTERSON 2.00 X 0 0 0 SARAH D'AGOSTINO CHRISTENSEN 2.00 X 0 0 0 ROBERT F OBER JR 2.00 X 0 0 0 JAMES T SWANSON 2.00 X 0 0 0 MICHELE GORMAN 2.00 X 0 0 0 MARK ESPOSITO 2.00 X 0 0 0 BRIAN MAIER 2.00 X 0 0 0 JAY MCALLISTER 2.00 X 0 0 0 ARTHUR GOODEARL 40.00 X 80036 0 20050 RICHARD BECKER 40.00 X 38519 0 1730 GLEN SCHWITTER 40.00 X 117810 0 16050 236365 0 37830 1 0 0 0 PREFERRED MAINTENANCE LLC 40 SOUTH END PLAZA NEW MILFORD CT 06776 HOUSEKEEPING 244477 BELL ELECTRICAL CONTRACTORS PO BOX 575 TORRINGTON CT 06790 ELECTRICAL 170183 2 3524 1292784 57121 1296308 TUITION & FEES 900099 8232452 8232452 SUMMER PROGRAM TUITION 900099 86125 86125 8318577 80508 80508 452868 437998 14870 14870 14870 175638 142724 32914 32914 FACILITY RENTAL 721000 193369 193369 INSURANCE BENEFIT 900099 177213 177213 COMMISSIONS 900099 3837 3837 9502 9502 383921 10127098 8509129 193369 128292 945743 945743 404920 271274 133646 2594313 2090008 373462 130843 73887 56480 14306 3101 254371 199543 47666 7162 229373 164499 46402 18472 7948 7948 24750 24750 14425 14425 180489 23057 123130 34302 80236 80236 189851 72860 66627 50364 91034 59770 20487 10777 1727285 1606375 86364 34546 197453 93516 76073 27864 7063 6568 354 141 557069 516531 29430 11108 270443 266987 2469 987 FOOD & KITCHEN SERVICES 639621 594848 31981 12792 STUDENT ACTIVITIES 359995 359995 TEACHING MATERIALS 126176 126176 LOSS ON ASSET DISPOSAL 104708 104708 261251 118899 73708 68644 9342404 7406563 1391092 544749 2200 26479 3240170 3402060 469000 35129 26676 83312 76804 89133 34422 14211081 4432368 10032323 9778713 1628348 1626779 370483 386194 15481098 15827127 226624 259228 3305742 3162538 5939414 5737055 239693 199685 9711473 9358506 X 3892119 4187510 730370 1128059 1147136 1153052 5769625 6468621 15481098 15827127 X 784694 -85698 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1958161 71239 1748 2301 68938 1959909 1422575 359005 235486 1902 57003 1958161 1274856 48846 128569 1128 28568 1422575 1535787 11410 -230094 1466 40781 1274856 0.24420 0.58580 0.17000 0 0 810000 810000 10890295 2698068 8192227 1733507 1384686 348821 777279 349614 427665 9778713 STUDENT MISC. ACCOUNTS-CREDITS 194685 RESERVE FOR HEALTH INS. DEDUCTIBLES 5000 199685 10127098 9342404 784694 -91614 5916 -85698 698996 10079416 -91614 148640 57026 10022390 104708 104708 10127098 9380420 142724 142724 9237696 104708 104708 9342404 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: MARVELWOOD HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ARE INTENDED TO PROVIDE AT LEAST A 5% RETURN TO OPERATIONS OF THE SCHOOL. PORTIONS OF ENDOWMENT EARNINGS ARE RESTRICTED FOR FACULTY SALARIES, SCHOLARSHIPS, STUDENT RECREATION & SUPPORT. THE REMAINDER IS AVAILABLE FOR GENERAL OPERATIONS OF THE SCHOOL. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE REMAINDER RECEIVABLE 5,916. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE REMAINDER RECVBLE 5,916 COST OF GOODS SOLD 142,724 TOTAL 148,640 PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON ASSET DISPOSAL REPORTED AS EXPENSE ON FORM 990 104,708 TOTAL 104,708 PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 142,724 TOTAL 142,724 PART XIII, LINE 4B - OTHER ADJUSTMENTS LOSS ON ASSET DISPOSAL REPORTED AS EXPENSE ON FORM 990 104,708 TOTAL 104,708 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT WAS PUBLISHED IN THE HARTFORD CURRENT NEWSPAPER ON NOVEMBER 25,2011: "THE SCHOOLS LISTED BELOW(INCLUDING MARVELWOOD SCHOOL) ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. THEY DO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF THEIR EDUCATIONAL POLICIES, ADDMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED A REIMBURSEMENT TYPE GRANT FROM THE REGION 1 REGIONAL SCHOOL SERVICES CENTER. THIS GRANT WAS USED FOR FACULTY DEVELOPMENT. THE TOTAL RECEIVED FOR THE YEAR ENDED JUNE 30, 2012 WAS $3,524. 1 FINANCIAL AID TO STUDENTS ATTENDING MARVELWOOD SCHOOL 42 945743 FAIR MARKET VALUE DOLLAR FOR DOLLAR REDUCTION OF TUITION AND FEES. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: MARVELWOOD SCHOOL AWARDS FINANCIAL AID BASED ON FINANCIAL NEED. THE SCHOOL USES AN OBJECTIVE METHODOLOGY PROVIDED BY AN INDEPENDENT SERVICE FOR CALCULATING A FAMILY'S ABILITY TO CONTRIBUTE TO EDUCATION EXPENSES. FINANCIAL AID IS AWARDED ANNUALLY FOR ONE YEAR, THEREFORE, FINANCIAL AID REQUESTS MUST BE MADE EACH YEAR. FINANCIAL AID IS A DOLLAR FOR DOLLAR REDUCTION IN TUITION; NO CASH IS DISTRIBUTED. THEREFORE, IT IS NOT NECESSARY FOR THE SCHOOL TO MONITOR THE AWARD TO ENSURE PROPER USE. X 6 57121 STOCK MARKET QUOTE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S POLICY IS TO HAVE FORM 990 REVIEWED BY THE CHIEF FINANCIAL OFFICER AND BOARD TREASURER OR CHAIRMAN PRIOR TO FILING WITH THE IRS. THE CHIEF FINANCIAL OFFICER OR THE BOARD TREASURER DISCUSS THE DOCUMENT IN DETAIL WITH THE CPA PREPARER WHO MAKES CHANGES PURSUANT TO THAT REVIEW & DISCUSSION AND FINALIZES THE FILING COPY. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY STATES THAT ALL TRUSTEES MUST DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTERST AT THE EARLIEST PRACTICABLE TIME AND THAT NO TRUSTEE SHALL PARTICIPATE IN DISCUSSIONS AND DELIBERATIONS OR VOTE ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A PERFORMANCE OF THE ORGANIZATION'S CEO/HEADMASTER IS EVALUATED ANNUALLY BY THE BOARD PRESIDENT AND AT LEAST TWO MEMBERS OF THE EXECUTIVE COMMITTEE. BASE COMPENSATION IS PAID ACCORDING TO A THREE YEAR CONTRACT. INCREASES IN THE BASE SALARY AMOUNT ARE CONSIDERED AND DETERMINED ANNUALLY BY THE BOARD BASED ON A PERFORMANCE REVIEW, THE SCHOOL'S FINANCES AND OTHER RELEVANT FACTORS. THE COMPENSATION OF ALL OTHER EMPLOYEES IS DETERMINED BY THE HEADMASTER AND THE BOARD THROUGH THE NORMAL BUDGETARY PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -91,614. CHANGE IN VALUE OF CHARITABLE REMAINDER RECEIVABLE 5,916. TOTAL TO FORM 990, PART XI, LINE 5: -85,698. AUDIT OVERSIGHT FORM 990 PAGE 12 LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS AUDIT OVERSIGHT PROCESS OR AUDITOR SELECTION PROCESS DURING THE YEAR.