2012-05-03T13:57:49-05:00 2011-06-30 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2010-07-01 210639868 THE HUN SCHOOL OF PRINCETON HUNS 6099217600 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 RICHARD FLECK 6099210903 2012-05-03 1 MARGUERITE L MOUNT CPA 6096899700 2010 2016-02-24 21:20:13Z RICHARD FLECK 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 38872918 0 X WWW.HUNSCHOOL.ORG X 1943 NJ THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES; HONOR, SERVICE, PERSERVERANCE, RESPONSIBILITY, COMPASSION, RESPECT AND LEADERSHIP. 31 30 261 900 0 0 1105373 1660758 21156626 22100735 574472 1822847 573329 496253 23409800 26080593 3025966 3533746 0 0 13094257 13990711 0 0 1099175 8509308 8284127 24629531 25808584 -1219731 272009 48454117 47801973 26479597 25201450 21974520 22600523 X THE HUN SCHOOL OF PRINCETON IS DEDICATED TO PROVIDING A STRONG COLLEGE PREPATORY PROGRAM LEADING TO INFORMED COLLEGE CHOICES. THE FACULTY AND CURRICULUM ARE RESPONSIVE TO INDIVIDUAL LEARNING STYLES AND INTERESTS. THE TOTAL PROGRAM IS COMMITTED TO THE DEVELOPMENT OF SOLID SCHOLARSHIP AND SOUND CHARACTER IN AN ENVIRONMENT DEDICATED TO TIMELESS VALUES; HONOR, SERVICE, PERSERVERANCE, RESPONSIBILITY, COMPASSION, RESPECT AND LEADERSHIP. 0 0 20919911 3533746 22401501 COLLEGE - PREPARATORY SECONDARY EDUCATION (GRADES 6-12) CONSTITUTES THE ONLY PROGRAM SERVICE OF THE SCHOOL. 20919911 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 78 0 1 261 1 0 0 0 0 0 1 1 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X STEFANIE CONNELL 6099217600 176 EDGERSTOUNE ROAD PRINCETON NJ 08540 PATRICK RYAN 1.00 X X 0 0 0 KENNETH A BERLIN 1.00 X 0 0 0 SHEILAGH MESCAL GUNSTENSEN 1.00 X 0 0 0 LYNN M BREEN 1.00 X 0 0 0 JANET DILLIONE 1.00 X 0 0 0 THOMAS GALLAGHER 1.00 X 0 0 0 MICHAEL GUADAGNO 1.00 X 0 0 0 KAREN HOUSE 1.00 X 0 0 0 JOHN KEFFER 1.00 X 0 0 0 EDWIN LLOYD 1.00 X 0 0 0 JOHN PLACE 1.00 X 0 0 0 SHERYL PUNIA 1.00 X 0 0 0 ERIC ROSENBLUM 1.00 X 0 0 0 BETSY SANDS 1.00 X 0 0 0 NICHOLAS SCOZZARI 1.00 X 0 0 0 LAURA SNOOK 1.00 X 0 0 0 KENNETH STODDARD 1.00 X 0 0 0 JONATHAN STONE 1.00 X 0 0 0 BARRY SUSSMAN 1.00 X 0 0 0 THOMAS HORWICH 1.00 X 0 0 0 THOMAS VALERI 1.00 X 0 0 0 ALFRED LEACH 1.00 X 0 0 0 HUGH HURLEY 1.00 X 0 0 0 EMILY GOLDMAN 1.00 X 0 0 0 MORDECHAI ROZANSKI 1.00 X 0 0 0 PETER BLACK 1.00 X 0 0 0 SCOTT LANDIS 1.00 X 0 0 0 KEVIN TYLUS 1.00 X X 0 0 0 LESLIE FLORIO 1.00 X X 0 0 0 RICHARD GOLDMAN 1.00 X X 0 0 0 JONATHAN BROUGHAM 40.00 X X 225047 0 125702 WILLIAM MCQUADE 40.00 X 127215 0 49008 KATHARIN KIEFER 40.00 X 121436 0 47818 J MICHAEL CHAYKOWSKY 40.00 X 110465 0 69021 MARY ANN FOX 40.00 X 102805 0 36648 WILLIAM LONG 40.00 X 102134 0 41799 RICHARD FLECK 40.00 X 167357 0 65608 956459 0 435604 7 0 1 0 THE BRICKMAN GROUP LLC 3630 SOLUTIONS CENTER CHICAGO IL 60677 LANDSCAPING 234671 DOROTHEA GANOP SEASONED TRAVEL 4 BRICK YARD TRAVEL CRANBURY NJ 08512 TRAVEL AGENCY 222186 DRINKER BIDDLE & REATH LLP 105 COLLEGE ROAD EAST SUITE 300 P PRINCETON NJ 08542 LEGAL 137987 H2L2 ARCHITECTSPLANNERS LLC 714 MARKET STREET SUITE 600 PHILADELPHIA PA 19106 ARCHITECT/DESIGN 114408 4 7615 1653143 28182 1660758 TUITION 900099 21229068 21229068 SUMMER TUITION 900099 753961 753961 STUDENT FEES 900099 117706 117706 22100735 409969 409969 120723 34355 86368 86368 86368 13711979 12299101 1412878 1412878 1412878 276535 7615 80850 195685 195685 377821 378019 -198 -198 MISCELLANEOUS INCOME 900099 157925 157925 SNACK BAR 900099 56473 56473 214398 26080593 22401501 0 2018334 3533746 3533746 553718 279899 241743 32076 9345382 7084977 1721682 538723 626582 475796 114665 36121 2719901 2064148 499276 156477 745128 557194 144989 42945 32768 32768 68668 68668 320010 277881 13056 29073 85017 85017 800233 599193 166577 34463 618749 618749 52291 26293 5432 20566 70242 67229 2025 988 845572 634179 211393 1773561 1514453 259108 180856 163642 17214 BUILDING CARE AND MAINT 1074284 890829 135667 47788 MISCELLANEOUS 886945 642500 159735 84710 FOOD SERVICE 558700 558700 COMPUTER SERVICES 261818 244629 17189 OTHER 223111 156192 66919 431302 343229 12828 75245 25808584 20919911 3789498 1099175 5917 15071 4631804 3072279 194267 694113 326023 404171 169492 167801 866457 628316 47394609 20049751 28459334 27344858 13578693 14922287 222130 553077 48454117 47801973 2300269 2263282 4852931 3501578 15318226 14844355 4008171 4592235 26479597 25201450 X 15203667 15463358 20000 6770853 7117165 21974520 22600523 48454117 47801973 X 272009 353994 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10055746 382739 1186105 114201 11510389 8988099 468498 692566 93417 10055746 11803262 273259 -2990141 98281 8988099 0.38170 0.61830 0 0 23749 23749 41915189 15727066 26188123 5046583 4250925 795658 409088 71760 337328 27344858 INVESTMENTS 14922287 F 14922287 STUDENT DEPOSITS 689722 ACCRUED POST RETIREMENT BENEFITS 2305601 INTEREST RATE SWAP 1596912 4592235 26080593 25808584 272009 534227 -180233 353994 626003 23513113 534227 -3189250 -2655023 26168136 -87543 -87543 26080593 22887110 644926 644926 22242184 3566400 3566400 25808584 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: AS DESIGNATED BY THE DONOR FOR PERMANENTLY RESTRICTED; AND AS DESIGNATED BY THE BOARD FOR BOARD RESTRICTED DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS FOR UNCERTAINTIES WITH RESPECT TO THE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED JUNE 30, 2011, AND HAS DETERMINED THAT NO LIABILITY EXISTS FOR UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET DEPRECIATION IN FAIR VALUE OF INTEREST RATE SWAP -180,233. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -3,566,400. SPECIAL EVENTS EXPENSES 81,006. COST OF GOODS SOLD 296,144. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERFUND INTEREST -87,543. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 81,006. COST OF GOODS SOLD 296,144. NET DEPRECIATION IN FAIR VALUE OF INTEREST RATE SWAP 180,233. INTERFUND INTEREST 87,543. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,566,400. 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 INCLUDED IN BROCHURES, CATALOGUES AND WRITTEN COMMUNICATIONS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. IN CONJUNCTION WITH NEW JERSEY ASSOCIATION OF INDEPENDENT SCHOOLS AND THE ASSOCIATION OF DELAWARE VALLEY INDEPENDENT SCHOOLS, WE PLACE ADS STATING OUR NONDISCRIMINATORY POLICY IN AREA NEWSPAPERS. WE HAVE PLACED ADS IN THE STAR LEDGER, THE PHILADELPHIA INQUIRER AND THE PHILADELPHIA DAILY NEWS. FALL GALA 146895 6565 140330 30502 GOLF & TENNIS OUTING 124030 1050 122980 39602 1 13225 13225 0 10746 284150 7615 276535 80850 80850 195685 1 FINANCIAL AID AND TUITION REMISSION 168 3533746 FMV FINANCIAL AID IS A REDUCTION OF STUDENT TUITION PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SCHOOL ESTABLISHED A COMMITTEE TO REVIEW APPLICATIONS AND AWARD FINANCIAL AID BASED ON NEED. X X 1 1 X X 0 0 0 0 0 0 0 0 0 JONATHAN BROUGHAM 225047 0 0 0 0 0 16876 0 108826 0 350749 0 0 0 WILLIAM MCQUADE 127215 0 0 0 0 0 15266 0 33742 0 176223 0 0 0 KATHARIN KIEFER 121436 0 0 0 0 0 14572 0 33246 0 169254 0 0 0 J MICHAEL CHAYKOWSKY 110465 0 0 0 0 0 0 0 69021 0 179486 0 0 0 RICHARD FLECK 167357 0 0 0 0 0 12552 0 53056 0 232965 0 0 0 PART I, LINE 1A THE HEADMASTER IS REQUIRED TO LIVE ON SCHOOL GROUNDS. NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645916W45 2004-11-15 16745000 CONSTRUCTION OF PREMISES 0 0 0 21944562 220763 69374 16745000 2007 0 0 1 1 0 0 0 0 1 1 0 1 1 PNC BANK 23.000000000000 0 0 0 0 0 JULIANNA BELLO DAUGHTER OF A CONTRIBUTOR TO THE SCHOOL 29385 RECEIVED A MERIT SCHOLARSHIP BASED ON ACADEMIC MERIT, NOT FINANICAL NEED. X 3 28182 FMV ON DATE OF DONATION 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION WAS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND COMMENT PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS REVIEW THE SCHOOL'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE HEADMASTER RECEIVES AN ANNUAL REVIEW BY THE BOARD OF TRUSTEES FOR PERFORMANCE THROUGHOUT THE FISCAL YEAR. THE HEADMASTER HAS A 3 YEAR CONTRACT THAT OUTLINES POTENTIAL SALARY INCREASES AND THE BOARD WILL DETERMINE IF AN INCREASE IS APPROPRIATE BASED ON THEIR REVIEW. OTHER OFFICERS AND KEY EMPLOYEES RECEIVE ANNUAL REVIEWS BY THE HEADMASTER. THE BOARD WILL REVIEW THE HEADMASTER'S REVIEW AND RECOMMENDATION OF OTHER OFFICERS AND KEY EMPLOYEES AND THEY WILL DETERMINE THE APPROPRIATE COMPENSATION ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST TO THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL OF THEIR GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 534,227. NET DEPRECIATION IN FAIR VALUE OF INTEREST RATE SWAP -180,233. TOTAL TO FORM 990, PART XI, LINE 5: 353,994. PART XI, LINE 2C THE ORGANIZATION HAS A FINANCE COMMITTEE THAT REVIEW THE AUDITED FINANCIAL STATEMENT BY THE INDEPENDENT AUDITORS. HEDGE TERMS FORM 990, SCHEDULE K, PART IV, LINE 3C THE SCHOOL HAS AN INTEREST RATE SWAP ASSOCIATED WITH THE EDA BOND. THE FIXED RATE ON THE SWAP IS 4.525% WITH THE FLOATING RATE OPTION BASED ON THE USD-SIFMA MUNICIPAL SWAP INDEX.