2013-11-15T14:30:46-06:00 2013-06-30 061009205 BLUM SHAPIRO & COMPANY PC CPA'S 29 S MAIN STREET PO BOX 272000 WEST HARTFORD CT 061272000 990 2012-07-01 041975990 THE WILLISTON NORTHAMPTON SCHOOL WILL 4135293279 19 PAYSON AVENUE EASTHAMPTON MA 010272213 CHARLES B MCCULLAGH JR 4135293279 2013-11-13 1 ELIZABETH SOLECKI P00235171 8605614000 2012 2015-11-30 17:44:51Z CHARLES B MCCULLAGH JR 19 PAYSON AVENUE EASTHAMPTON MA 010272213 28749096 0 X WWW.WILLISTON.COM X 1841 MA TO OPERATE AN INNOVATIVE PRIVATE SCHOOL THAT EDUCATES YOUNG MINDS AND PREPARES THEM TO THRIVE IN A GLOBAL SOCIETY. 22 22 322 75 857149 -117349 2624304 4218553 21139961 22091088 33321 1117328 1113997 1138498 24911583 28565467 6045290 5941725 0 0 13524185 14307852 2106 0 1776723 8591810 7934623 28163391 28184200 -3251808 381267 75259417 78850011 36586737 36747399 38672680 42102612 X THE WILLISTON NORTHAMPTON SCHOOL INSPIRES STUDENTS TO LIVE WITH PURPOSE, PASSION AND INTEGRITY. THE SCHOOL'S PHILOSOPHY COMPRISES THE TENENTS OF RESPECT FOR SELF AND OTHERS, RESPONSIBILITY AND TRUST, AND HONESTY AND INTEGRITY. THE SCHOOL'S VALUES ARE ENCAPSULATED BY THESE TENENTS: ACADEMIC EXCELLENCE, INDIVIDUALITY, RESPONSIBILITY, COMMUNITY AND COLLABORATION. 0 0 17568720 14000 22308878 PROVIDE A SECONDARY EDUCATION FOR STUDENTS GRADES 7-12. WILLISTON IS A BOARDING SCHOOL WITH A DAY STUDENT POPULATION. ENROLLMENT IS APPROXIMATELY 534. IN ADDITION, WILLISTON PROVIDES STUDENT SERVICES SUCH AS FOOD SERVICE, HEALTH SERVICE, STUDENT PUBLICATIONS AND A VARIETY OF CLUBS AND ACTIVITIES FOR THE STUDENTS. WILLISTON ALSO PROVIDES SUPPLEMENTARY SERVICES SUCH AS A BOOKSTORE, A SNACK BAR, DAY CARE, ETC. 5927725 5927725 FINANCIAL ASSISTANCE TO STUDENTS AWARDED ON THE BASIS OF NEED ENABLES THE SCHOOL TO SERVE STUDENTS WHO OTHERWISE WOULD BE UNABLE TO ATTEND. 23496445 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 41 0 1 322 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X CHARLES B MCCULLAGH JR 4135293261 19 PAYSON AVENUE EASTHAMPTON MA 01027 FRED ALLARDYCE 2.00 X 0 0 0 WARNER K BABCOCK 2.00 X 0 0 0 MARY E ALCOCK 2.00 X 0 0 0 MARK CUTTING 2.00 X 0 0 0 JAMES M BRENNAN SR 2.00 X 0 0 0 DANIEL DECELLES 2.00 X 0 0 0 CYRUS E DRIVER 2.00 X 0 0 0 JAMES M DUBIN 2.00 X 0 0 0 MIKE JACKSON 2.00 X 0 0 0 DONALD M KITCHEN 2.00 X 0 0 0 JOHN P BOOTH JR 2.00 X 0 0 0 RICHARD F SHIELDS 2.00 X 0 0 0 R KEITH DENHOLM 2.00 X 0 0 0 JOHN D NICHOLS 2.00 X 0 0 0 H REID STERRETT IV 2.00 X 0 0 0 JOHN HAZEN WHITE JR 2.00 X 0 0 0 STEWART B REED 2.00 X 0 0 0 WHITNEY F SMALL 2.00 X 0 0 0 ELIZABETH D'AMOUR 7.00 X X 0 0 0 KEVIN R HOBEN 5.00 X X 0 0 0 DAVID A CONNOLLY 5.00 X X 0 0 0 LEWIS RABINOVITZ 5.00 X X 0 0 0 ROBERT W HILL III 40.00 X 207896 0 99404 CHARLES B MCCULLAGH JR 40.00 X 171546 0 62879 ERIC YATES 40.00 X 137811 0 70487 JEFFREY KETCHAM 40.00 X 116282 0 45820 ANN PICKRELL 40.00 X 114203 0 20538 SHARON DAVENPORT 40.00 X 103714 0 20451 851452 0 319579 6 0 1 0 0 4218553 806002 4218553 TUITION, ROOM & BOARD 611600 22091088 22091088 22091088 1038367 5515 1032852 78061 900 0 0 78061 900 78961 78961 242454 183629 58825 58825 AUXILIARY SERVICES 531120 945748 94114 851634 ANCILLARY SERVICES 611710 123676 123676 CAFETERIA SERVICES 722210 10249 10249 1079673 28565467 22308878 857149 1180887 14000 14000 5927725 5927725 780500 162202 322480 295818 9475397 7773706 980546 721145 812058 638928 98461 74669 2521985 2117742 246282 157961 717912 564854 87046 66012 74837 74837 72173 72173 13047 13047 212349 67917 41070 103362 799068 751124 39953 7991 264792 137550 63621 63621 25558 13208 4504 7846 1052693 989531 52635 10527 2355234 2213920 117762 23552 177972 159609 12806 5557 FOOD 602646 553754 3644 45248 OUTSIDE CONTRACTORS 451435 250396 150550 50489 EQUIPMENT RENTAL AND MA 372177 292242 71215 8720 SUPPLIES 275346 220939 39672 14735 1185296 647098 418728 119470 28184200 23496445 2911032 1776723 2285 2285 3364888 5099627 1274444 1609684 11574 46073 172913 136293 129036 131203 228853 160639 58597314 28867646 30800805 29729668 26504611 29402155 11295550 11033826 1474458 1498558 75259417 78850011 1565764 1578686 7493401 8023856 26458900 26065078 1068672 1079779 36586737 36747399 X 17887439 18824918 4467952 6739267 16317289 16538427 38672680 42102612 75259417 78850011 X 381267 3069461 -20797 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36564825 868379 3964834 2204284 39193754 40021900 553590 -1004433 2931232 75000 36564825 35951652 1250690 5213011 2323453 70000 40021900 33601764 1081410 4316255 2977777 70000 35951652 43281840 1046162 -8190177 2491061 45000 33601764 0.51000 0.41000 0.08000 0 0 999304 999304 44674876 20376964 24297912 4602634 2363597 2239037 8320500 6127085 2193415 29729668 ALTERNATIVE INVESTMENTS 11033826 F 11033826 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 553352 CAPITAL LEASE OBLIGATIONS 526427 1079779 24730100 3069461 -7075412 -4005951 28736051 13047 -183631 -170584 28565467 21300168 183630 183630 21116538 13047 7054615 7067662 28184200 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 250 INDIVIDUAL FUNDS FOR A VARIETY OF PURPOSES, INCLUDING INSTRUCTION, SCHOLARSHIPS, ADMINISTRATION, LIBRARY, BUILDINGS AND GROUNDS, PRIZES AND OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -5,927,725. CHANGE IN VALUE OF SPLIT INTERESTS -20,797. TUITION REMISSION AND DISCOUNTS -1,126,890. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -183,629. ROUNDING -2. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 183,629. ROUNDING 1. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,927,725. TUITION REMISSION AND DISCOUNTS 1,126,890. 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 WILLISTON NORTHAMPTON SCHOOL ADVERTISES IN BOTH INTERNAL AND EXTERNAL PUBLICATIONS ITS POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, RELIGION, NATIONAL ORIGIN, GENDER OR SEXUAL ORIENTATION. EAST ASIA AND THE PACIFIC - 0 0 PROGRAM SERVICES & FUNDRAISING RECRUITING & FUNDRAISING 47774 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 9832321 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES & FUNDRAISING RECRUITING & FUNDRAISING 2005 0 0 0 0 0 0 9882100 0 9882100 1 0 0 1 1 0 1 EMILY WILLISTON MEMORIAL LIBRARY 9 PARK ST EASTHAMPTON MA 01027 046054363 501(C)(3) 10000 CHARITABLE SUPPORT 1 0 FINANCIAL AID 232 5765100 FAIR MARKET VALUE ELIGIBLE STUDENTS RECEIVE A CREDIT ON TUITION ADDITIONAL FINANCIAL AID 34 21187 FAIR MARKET VALUE BOOKS, SUPPLIES, INSURANCE, ETC. TUITION DISCOUNTS AND MERIT AID 197 141438 FAIR MARKET VALUE ELIGIBLE STUDENTS RECEIVE A CREDIT ON TUITION PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS PROVIDED VIA A REDUCTION IN TUITION. X X 1 1 X X X X 0 0 0 0 0 0 0 0 1 1 ROBERT W HILL III 207896 0 0 0 0 0 14875 0 84529 0 307300 0 0 0 CHARLES B MCCULLAGH JR 171546 0 0 0 0 0 17675 0 45204 0 234425 0 0 0 ERIC YATES 137811 0 0 0 0 0 9997 0 60490 0 208298 0 0 0 JEFFREY KETCHAM 116282 0 0 0 0 0 9891 0 35929 0 162102 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. PART I, LINE 8 ROBERT W. HILL, III, HEAD OF SCHOOL, WAS IN HIS INITIAL CONTRACT WITH THE SCHOOL DURING THE FISCAL YEAR. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 575583RAW 2005-06-14 18887491 PAY OFF B AND C, CAPEX 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RZ40 2010-07-22 8760000 PAYOFF COMMERCIAL PAPER 0 0 0 A 18887491 13059896 343372 500000 4984223 2006 1 1 1 1 B 8760000 8483480 175200 57520 43800 2010 1 0 1 1 A 0 0 1 1 0 0.02350 0.00000 0.02350 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 1 1 BANK OF AMERICA 1.706000000000 0 0 0 0 1 A 1 B 1 MARTHA MCCULLAGH SPOUSE OF OFFICER 31250 EMPLOYMENT 0 KATHRYN HILL SPOUSE OF OFFICER 14898 EMPLOYMENT 0 X 40 806002 FMV - DATE OF GIFT 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS E-MAILED TO THE AUDIT COMMITTEE AND THERE IS A FOLLOW-UP MEETING VIA CONFERENCE CALL. ONCE APPROVED BY THE AUDIT COMMITTEE, THE FORM 990, EXCLUDING SCHEDULE B, IS THEN PRESENTED TO THE FULL BOARD VIA E-MAIL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S ADVANCEMENT OFFICE FOLLOWS UP BY COLLECTING ANNUALLY ACKNOWLEDGEMENTS BY BOARD MEMBERS THAT THEY HAVE RECEIVED AND UNDERSTAND THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 COMPARISON OF SALARIES WITH DATA COLLECTED FROM 40 PEER INSTITUTIONS IS USED. REASONABLE AND COMPETITIVE SALARIES ARE DETERMINED BASED ON THE DATA COLLECTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTERESTS -20,797. FORM 990, PART XI, LINE 2C THE PROCESS OF OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. SCHEDULE R, PART V, LINE 1S: WORDS & MUSIC, INC. PAID A DIVIDEND OF $38,000 AND A RETURN OF CAPITAL OF $40,000 TO THE WILLISTON NORTHAMPTON SCHOOL. WORDS & MUSIC INC 19 PAYSON AVE EASTHAMPTON MA 01027 131486950 MUSIC PUBLISHING NY N/A C 896428 51371 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 WORDS & MUSIC INC F 38000 DIVIDEND RECEIVED WORDS & MUSIC INC S 40000 RETURN OF CAPITAL RECEIVED