2012-05-14T11:41:56-05:00 2011-06-30 TYLER SIMMS & STSAUVEUR CPAS PC 19 MORGAN DRIVE LEBANON NH 03766 990 2010-07-01 020222179 PROCTOR ACADEMY PROC 6037356000 PO BOX 500 ANDOVER NH 03216 020922 6037356000 2012-04-16 1 W JAY SIMMS 6036530044 2012-04-14 2010 2016-02-24 21:20:13Z MICHAEL HENRIQUES PO BOX 500 ANDOVER NH 03216 21058248 0 X PROCTORACADEMY.ORG X 1848 NH PROCTOR ACADEMY'S MISSION IS TO EDUCATE MEMBERS OF ITS DIVERSE COMMUNITY FOR LIVES THAT DEMONSTRATE HONESTY, COMPASSION, RESPECT, AND RESPONSIBILITY. 24 22 336 100 166177 -70120 1762629 2853041 15693270 16273045 1271364 1361026 281863 275794 19009126 20762906 2851102 2927283 0 0 8051708 8648268 0 0 945629 7407893 7349887 18310703 18925438 698423 1837468 68753695 72209457 21265231 20950413 47488464 51259044 PROCTOR ACADEMY'S MISSION IS TO EDUCATE MEMBERS OF ITS DIVERSE COMMUNITY FOR LIVES THAT DEMONSTRATE HONESTY, COMPASSION, RESPECT, AND RESPONSIBILITY. 0 0 11763445 2927283 16273045 EDUCATING 345 HIGH SCHOOL STUDENTS TAUGHT BY 82 FACULTY AND SPECIALISTS IN 180 SCHOOL DAYS AND IN 3 TRIMESTERS. 11763445 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 95 0 1 336 1 1 1 1 FR SP 0 0 0 0 0 0 0 0 X 24 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X PROCTOR ACADEMY 6037356000 BUSINESS OFFICE 204 MAIN ST ANDOVER NH 03216 X MARK LOEHR 1.00 X X 0 0 0 SALLY B DOWNEY 1.00 X X 0 0 0 STEPHEN THEROUX 1.00 X X 0 0 0 JEFFREY HOWARD 1.00 X X 0 0 0 LAWRENCE BALLIN 1.00 X 15979 0 0 ANNE BALLIN 1.00 X 0 0 0 KAREN CANGIANO 1.00 X 0 0 0 MARK BEGOR 1.00 X 0 0 0 CHARLES BENEVENTO 1.00 X 0 0 0 IDOLINE DUKE 1.00 X 0 0 0 WILBUR BOLTON III 1.00 X 0 0 0 ANNE GETZ 1.00 X 0 0 0 CARL FERENCE 1.00 X 0 0 0 KATIE KIDDER 1.00 X 0 0 0 ANNE LANDERS 1.00 X 0 0 0 MARY PRESSMAN 1.00 X 0 0 0 CHRIS RAY 1.00 X 0 0 0 GREGORY SHINE 1.00 X 0 0 0 TRAVIS WARREN 1.00 X 0 0 0 GREG WEISSMAN 1.00 X 0 0 0 ALEXANDER WILLIAMS 1.00 X 0 0 0 CHRIS BONEWALD 1.00 X 0 0 0 KAREN BONEWALD 1.00 X 0 0 0 JEFF MILNE 1.00 X 0 0 0 ALEXANDRA H ESTIN 1.00 X 33179 0 0 MICHAEL HENRIQUES 40.00 X X 180890 0 57890 DONALD MACDONALD 40.00 X X 113979 0 15532 BARRETT KEITH 40.00 X 103857 0 24406 447884 0 97828 3 0 1 0 0 2853041 262182 2853041 TUITION & FEES 611710 15032070 15032070 PROGRAM SUPPORT REVENU 611710 785383 785383 SUMMER PROGRAM REVENUE 611710 455592 455592 16273045 387058 387058 982503 8535 982503 -8535 973968 973968 267077 286807 -19730 -19730 DAYCARE INCOME 624410 144500 52545 91955 SKI HILL INCOME 713990 70551 33159 37392 HOCKEY RINK INCOME 713940 64093 64093 16380 16380 295524 20762906 16273045 166177 1470643 2927283 2927283 493857 493857 5947570 3759559 1720264 467747 406063 249305 125741 31017 1222829 727381 404951 90497 577949 339183 196567 42199 40877 40877 61902 61902 76869 76869 10443 10443 59480 59480 223897 30493 193404 92903 92903 1383270 1383270 48689 29168 19521 585121 731 584390 504065 504065 253995 232991 21004 INSTRUCTIONAL ATHLETICS 598727 598727 FOOD SERVICE 545684 545684 OFF-CAMPUS PROGRAMS 541736 541736 MISCELLANEOUS 365328 14210 198721 152397 GENERAL INSTRUCTION 364834 364834 1592067 1431328 18488 142251 18925438 11763445 6216364 945629 687435 455801 1088529 1746775 150195 166223 190795 190933 75110 79401 46065515 4454896 40939425 41610619 20322489 22630867 4886500 4886500 413217 442338 68753695 72209457 1291764 1429055 4518440 5176620 10285000 10693667 346497 307745 4823530 3343326 21265231 20950413 X 33276038 35205816 1843990 3422632 12368436 12630596 47488464 51259044 68753695 72209457 X 1837468 1933112 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17733643 262210 3091581 1109000 19978434 16426350 377122 1925171 995000 17733643 0.40540 0.59460 0 0 1559594 1559594 38803458 38803458 5702463 4454896 1247567 41610619 LAND HELD FOR INVESTMENT 4886500 C 4886500 CAPITAL LEASE OBLIGATIONS 381696 RETIREMENT OBLIGATIONS 1511630 SHORT-TERM NOTES PAYABLE 1000000 LINES OF CREDIT 450000 3343326 20762906 18925438 1837468 1819425 113687 1933112 3770580 19864986 1819425 286807 2106232 17758754 3004152 3004152 20762906 16208093 286807 286807 15921286 3004152 3004152 18925438 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR THE PROGRAMS SUPPORTED BY THE ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN UNRESTRICTED INTEREST RATE SWAP 486,497. POST RETIREMENT HEALTH BENEFIT OBLIGATION CHANGE -162,361. EARLY RETIREMENT BENEFIT OBLIGATION CHANGE -19,099. BOND EARLY EXTINGUISHMENT PENALTY -191,350. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES 286,807. PART XII, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEES 76,869. FINANCIAL AID 2,927,283. PART XIII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES 286,807. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,927,283. MANAGEMENT FEES 76,869. 1 1 0 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 PROCTOR ACADEMY PUBLICIZES ITS NONDISCRIMINATORY POLICY IN THE CONCORD MONITOR NEWSPAPER ANNUALLY IN SEPTEMBER. FRANCE 1 2 STUDY ABROAD TERM 2471 SPAIN 1 2 STUDY ABROAD TERM 283066 COSTA RICA 0 0 STUDY ABROAD TERM 115103 MOROCCA 0 0 STUDY ABROAD TERM 22526 2 4 0 0 2 4 423166 0 423166 0 0 0 0 0 0 0 FINANCIAL AID & TUITION REMISSION. 112 2927283 FMV SCHOLARSHIPS AND OTHER FINANCIAL AID FOR STUDENTS. OTHER INFORMATION: PART IV: THE FINANCIAL AID OFFICER MAINTAINS RECORDS AND THE BUSINESS MANAGER CONFIRMS TOTAL FINANCIAL AID TO THE BUDGETED AMOUNT. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL HENRIQUES 180890 0 0 0 0 0 9354 0 48536 0 238780 0 0 0 PART I, LINE 1A ANNUALLY, THE CHAIR OF THE FINANCE COMMITTEE, PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE (ACTING IN ITS CAPACITY AS THE COMPENSATION COMMITTEE) USE THE INDEPENDENT SCHOOL ASSOCIATION OF NORTHERN NEW ENGLAND (ISANNE) PAY RATES, INFORMATION FROM FORM 990'S AND AN INTERNALLY PREPARED COMPENSATION STUDY TO DETERMINE AND APPROVE THE HEAD OF SCHOOL'S COMPENSATION. AS A CONDITION OF EMPLOYMENT AS HEAD OF SCHOOL AND IN ORDER TO FULFILL RESPONSIBILITIES AS HEAD OF SCHOOL, AND FOR THE CONVENIENCE OF THE SCHOOL THE HEAD OF SCHOOL WILL BE PROVIDED WITH HOUSING ON THE MAIN CAMPUS OF THE SCHOOL, WHICH INCLUDES PAYMENT OF ALL UTILITIES. NEW HAMPSHIRE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 020279866 644614AG5 2010-12-15 10175000 FINANCE EXISTING DEBT AND SUBSIDIZE DEFERRED MAINTENANCE PROJECTS 1 0 0 STATE OF NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY 521304598 64468KAD8 2010-12-15 518667 FINANCE EXISTING DEBT AND SUBSIDIZE DEFERRED MAINTENANCE PROJECTS 1 0 0 10285000 10175000 2010 0 0 0 1 518667 2010 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STEPHEN THEROUX CHAIR OF FINANCE & TREASURER 528842 STEPHEN THEROUX IS AN OFFICER OF LAKE SUNAPEE BANK THE PURCHASER OF THE THE SCHOOL'S OUTSTANDING SERIES 2010A BOND ISSUED FOR $10,175,000 AND 2010B BOND ISSUED FOR $518,667. THE BONDS WERE ISSUED DURING 2011. 0 0 X 9 229036 FAIR MARKET VALUE X EQUIPMENT 1 33146 KOBOTA TRACTOR,LOADER,SKIDDER & MANUAL ROLL BENDER 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 LAWRENCE AND ANNE BALLIN ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, AND THE FINANCE COMMITTEE INCLUDING THE PRESIDENT, THE HEAD OF SCHOOL, AND THE CHIEF FINANCIAL & OPERATING OFFICER. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE ASKED ANNUALLY TO REPORT ON ANY CONFLICTS OF INTERESTS THAT THEY MAY HAVE. THAT INFORMATION IS ANNOUNCED PUBLICLY TO THE REST OF THE BOARD AND POSTED INTO THE NEWSPAPER. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE CHAIR OF THE FINANCE COMMITTEE AND PRESIDENT OF THE BOARD USE THE INDEPENDENT SCHOOLS ASSOCIATION OF NORTHERN NEW ENGLAND (ISANNE) PAY RATES TO DETERMINE THE HEAD OF SCHOOL'S COMPENSATION. ADDITIONALLY, THE HEAD OF SCHOOL USES ISANNE TO DETERMINE ADMINISTRATIVE PAY CHARTS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART VII, SECTION A COMPENSATION LISTED FOR TRUSTEES HAS BEEN PROVIDED AS A RESULT OF THEIR EMPLOYMENT AT THE SCHOOL AND NOT AS COMPENSATION FOR ACTIVITES PERFORMED WHILE SERVING ON THE BOARD OF TRUSTEES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,819,425. CHANGE IN UNRESTRICTED INTEREST RATE SWAP 486,497. POST RETIREMENT HEALTH BENEFIT OBLIGATION CHANGE -162,361. EARLY RETIREMENT BENEFIT OBLIGATION CHANGE -19,099. BOND EARLY EXTINGUISHMENT PENALTY -191,350. TOTAL TO FORM 990, PART XI, LINE 5: 1,933,112.