2012-11-12T08:35:42-06:00 2012-06-30 060903326 WHITTLESEY & HADLEY PC 147 CHARTER OAK AVENUE HARTFORD CT 06106 990 2011-07-01 060655136 WATKINSON SCHOOL WATK 8602365618 180 BLOOMFIELD AVENUE HARTFORD CT 06105 JOHN BRACKER 8602365618 2012-11-12 1 EDWARD G SULLIVAN P00579546 8605223111 2011 2016-02-24 21:20:13Z JOHN BRACKER 180 BLOOMFIELD AVE HARTFORD CT 06105 11965535 0 X WWW.WATKINSON.ORG X 1881 CT CO-EDUCATIONAL SECONDARY SCHOOL 30 26 103 0 0 0 744233 1138107 8377419 8858432 141859 126170 126875 138397 9390386 10261106 1927379 1938593 0 0 5195283 5468628 0 0 341850 2039412 2136569 9162074 9543790 228312 717316 14775809 15206937 4391972 4168100 10383837 11038837 CO-EDUCATIONAL SECONDARY SCHOOL 0 0 6617808 1938593 9061634 CO-EDUCATIONAL SECONDARY SCHOOL OFFERING COLLEGE PREPARATORY COURSES FOR 252 STUDENTS IN GRADES 6 THROUGH 12, INCLUDING STUDENTS IN TRANSITION TO COLLEGE 6617808 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 84 0 1 103 1 0 0 0 0 0 1 1 0 0 0 0 X 30 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 X WANDA SCHULMAN 8602365618 180 BLOOMFIELD AVENUE HARTFORD CT 06105 PETER LISI 3.00 X X 0 0 0 JEFFREY DORNENBURG 3.00 X X 0 0 0 PHYLLIS SHIKORA 3.00 X X 0 0 0 TRACY ECCLES 3.00 X X 0 0 0 ELIZABETH APPELMAN 3.00 X 0 0 0 EVAN BERMAN 3.00 X 0 0 0 FRANCESCA BORGES GORDON 3.00 X 0 0 0 COLEMAN CASEY 3.00 X 0 0 0 LAURA DAKE-ROCHE 3.00 X 0 0 0 ELIZABETH DROLET 3.00 X 0 0 0 BRIAN FIERSTON 3.00 X 0 0 0 JONATHAN FINK 3.00 X 0 0 0 CAREN FOISIE GAUDET 3.00 X 0 0 0 HANK GANS 3.00 X 0 0 0 SUSAN HABERLANDT 3.00 X 0 0 0 THERESA WING HINES 3.00 X 0 0 0 CAROL HANLON 3.00 X 0 0 0 KEITH MCLEAN-SHINAMAN 3.00 X 0 0 0 KASIA NOVAK 3.00 X 0 0 0 PETER STEVENS 3.00 X 0 0 0 KARL THOMAS 3.00 X 0 0 0 WESTLEY THOMPSON 3.00 X 0 0 0 PRISCILLA THORS 3.00 X 0 0 0 PAUL TIEGER 3.00 X 0 0 0 THOMAS GROMAK 3.00 X 60930 0 0 ARJUN KAPUR 3.00 X 0 0 0 AMELIA MAGGIO 3.00 X 0 0 0 SHERI GAUDET 3.00 X 0 0 0 LINDA NOLL 3.00 X 0 0 0 JOHN BRACKER 40.00 X X 218920 0 88365 WANDA SCHULMAN 40.00 X 87964 0 28710 367814 0 117075 1 0 1 0 0 34575 17499 1086033 1138107 TUITION AND FEES 611600 8818348 8818348 SUMMER SCHOOL 611600 31609 31609 SCHOOL STORE 451211 8475 8475 8858432 61365 61365 73126 0 73126 73126 73126 1753834 1689029 64805 64805 64805 15400 34575 15400 0 OTHER 611600 65271 65271 65271 10261106 9061634 0 61365 1938593 1938593 367814 217825 132451 17538 4252195 2519178 1530559 202458 125819 74538 45290 5991 389437 230712 140181 18544 333363 197492 119997 15874 992 588 357 47 32001 18958 11519 1524 135876 80496 48910 6470 406014 240532 146148 19334 3981 2358 1433 190 126571 74984 45560 6027 458034 271350 164873 21811 48897 28968 17601 2328 ACADEMIC 426218 426218 0 0 ADMINISTRATIVE 239167 141688 86090 11389 AUXILIARY 188347 111581 67797 8969 70471 41749 25366 3356 9543790 6617808 2584132 341850 667306 900450 92788 102035 85478 68904 23529 12904 112965 63508 14243219 4132057 10254653 10111162 3539090 3947974 14775809 15206937 86344 107842 1581375 1373659 2025984 1961268 698269 725331 4391972 4168100 X 7222215 7427019 749665 794307 2411957 2817511 10383837 11038837 14775809 15206937 X 717316 -62316 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3427459 349467 39166 3816092 2967249 25459 583146 148395 3427459 2567228 64540 335481 2967249 2931535 101370 -433896 31781 2567228 0.10000 0.72000 0.18000 0 0 1065000 1065000 11644401 3207394 8437007 1533818 924663 609155 10111162 ACCRUED SALARIES AND BENEFITS 725331 725331 10261106 9543790 717316 -62316 -62316 655000 8264650 -57863 -57863 8322513 1938593 1938593 10261106 7605197 0 7605197 1938593 1938593 9543790 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 40 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL HAS IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING CERTAIN PROVISIONS OF ASC 740, INCOME TAXES. USING THIS GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2012 AND 2011, THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN IN ITS TAX RETURNS. CURRENTLY, THE SCHOOL'S FEDERAL INFORMATIONAL RETURNS FOR FISCAL YEARS 2008-2010 REMAIN OPEN TO INSPECTION BY THE IRS. THE SCHOOL'S 2011 FEDERAL INFORMATION RETURN IS TO BE FILED IN 2012. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,938,593. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,938,593. 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 ALL APPLICANTS ARE GIVEN AN APPLICATION WHICH FULLY DESCRIBES THE SCHOOL'S NONDISCIMINATORY POLICES EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 NO CHILD LEFT BEHIND PROVIDED $43,178 FOR PROFESIONAL DEVELOPMENT, COMPUTER EQUIPMENT, STUDENT PROGRAMS, AND SUPPLIES. GALA 49975 34575 15400 15400 49975 34575 15400 15400 15400 0 1 TUITION ASSISTANCE 100 1938593 FAIR MARKET VALUE TUITION RELATED FINANCIAL AID X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JOHN BRACKER 218920 0 0 0 0 0 0 0 88365 0 307285 0 0 0 WANDA SCHULMAN OFFICER - DIRECTOR OF FINANCE AND OPERATIONS 28710 TUITION REMISSION FOR HER CHILD JOHN BRACKER OFFICER - HEAD OF SCHOOL 32400 TUITION REMISSION FOR HIS CHILD ARJUN KAPUR BOARD MEMBER - STUDENT REPRESENTATIVE 32000 TUITION ASSISTANCE FOR HIMSELF SHERI GAUDET BOARD MEMBER - PARENT REPRESENTATIVE 18000 TUITION ASSISTANCE FOR HER CHILD FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE AND EXECUTIVE COMMITTEES OF THE BOARD OF TRUSTEES REVIEWS THE COMPLETE 990 BEFORE IT IS FILED. THE FULL BOARD OF TRUSTEES REVIEWS THE DOCUMENT WITHOUT SCHEDULE B BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS CONFLICTS OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL HAS A COMPENSATION COMMITTEE AND ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -62,316.