2011-02-10T14:45:23-06:00 2010-06-30 SEWARD AND MONDE CPA'S 296 STATE STREET NORTH HAVEN CT 064732165 990 2009-07-01 061492527 RIDGEFIELD ACADEMY INC RIDG 2038941800 223 WEST MOUNTAIN ROAD RIDGEFIELD CT 06877 jAMES P heus 2038941800 2011-02-04 2032489341 2009 2016-02-24 21:20:13Z jAMES P heus 223 WEST MOUNTAIN ROAD RIDGEFIELD CT 06877 15366531 0 X www.ridgefieldacademy.ORG X 1975 CT TO PROVIDE EDUCATIONAL AND OTHER STUDENT PROGRAMS TO CHILDREN. 18 18 212 0 0 0 1093990 581231 12217063 11839075 -361754 178918 219390 235166 13168689 12834390 311300 494800 834422 749798 7606154 7050874 0 242591 3767051 3700505 12518927 11995977 649762 838413 29336468 29879234 20673868 20689527 8662600 9189707 The mission of Ridgefield Academy is to educate and encourage students to become knowledgeable, independent thinkers who are passionate about learning and embrace new challenges with confidence and enthusiasm. The School strives to equip children with the skills, knowledge, and values necessary for success in school and in life. 0 0 10329213 494800 11094339 INSTRUCTION OF APPROXIMATELY 723 PRE-SCHOOL AND ELEMENTARY SCHOOL AGED CHILDREN BY APPROXIMATELY 107 QUALIFIED INSTRUCTORS 124500 195106 CONDUCTING SUMMER CAMP PROGRAMS 34524 207298 CONDUCTING AN AFTER SCHOOL PROGRAM FOR STUDENTS 352962 327300 Auxiliary Services 352962 327300 10841199 1 1 0 0 0 0 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 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 212 1 0 0 0 0 0 0 0 0 0 18 18 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X MR LARRY MCDOWELL 2038941800 223 WEST MOUNTAIN ROAD RIDGEFIELD CT 06877 Timothy Birch 8.00 X X 0 0 0 Barbara furlo 4.00 X 0 0 0 AL BARTOSIC 7.00 X 0 0 0 JILL BORNSTEIN 10.00 X 0 0 0 john lange 3.00 X 0 0 0 matt duffy 8.00 X X 0 0 0 Howard Turner 4.00 X 0 0 0 carleton henrich 4.00 X 0 0 0 Carl Hart 2.00 X 0 0 0 valerie jensen 6.00 X 0 0 0 thomas main 2.00 X 0 0 0 Jim Moore 4.00 X 0 0 0 dominic rispoli 4.00 X 0 0 0 SCOTT LINKE 9.00 X 0 0 0 john berisford 10.00 X 0 0 0 v stephen sorbaro 4.00 X 0 0 0 dr paul chu 3.00 X X 0 0 0 gerald garavel 3.00 X 0 0 0 JAMES P HEUS 40.00 X 217114 0 114339 LARRY MCDOWELL 40.00 X 141395 0 282 358509 0 114621 2 0 1 0 pustola & associates 185 meadow street naugatuck CT 06770 construction 296011 dattco 583 south street new britain CT 06051 bus service 128753 2 581231 110190 581231 Tuition and Fees 900099 11094339 11094339 Auxiliary Services 722210 327300 327300 Other Programs 611710 207298 207298 Summer Programs 900099 195106 195106 Miscellaneous Revenues 900099 15032 15032 11839075 143886 143886 21030 21030 21030 21030 2472354 2437322 35032 35032 35032 308955 94819 214136 214136 12834390 11839075 0 414084 494800 494800 749798 749798 466187 257556 176437 32194 5626964 5225333 280186 121445 482987 459072 21862 2053 474736 434595 31646 8495 29976 29976 109708 109708 1046388 920749 68675 56964 75093 75093 701515 618673 82842 214862 214862 577089 519380 57709 771921 656133 115788 Miscellaneous 86271 17959 46872 21440 bad Debts 40000 40000 professional Fees 30170 30170 Meals & Entertainment 17512 17512 11995977 10841199 912187 242591 123969 121539 11435239 11631542 1325991 900367 61769 92836 144462 182935 17946882 4367580 13718224 13579302 2221426 2991723 305388 378990 29336468 29879234 678797 766977 7231806 6865476 11530000 11315000 55918 34998 1177347 1707076 20673868 20689527 X 7181677 8006844 1426923 924763 54000 258100 8662600 9189707 29336468 29879234 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41795 204100 4324 64 250155 51418 2000 -10046 1577 41795 1.00000 0 0 2000000 2000000 14661537 3410095 11251442 939383 715164 224219 345962 242321 103641 13579302 Interest Rate Swap 1707076 1707076 12834390 11995977 838413 218423 -529729 -311306 527107 12622856 218423 94819 313242 12309614 29976 494800 524776 12834390 11566020 94819 94819 11471201 29976 494800 524776 11995977 Part V, Line 4: Description of Intended Use of Endowment Funds: Furtherance of the organization's exempt purpose and donor stipulations. Part XI, Line 8 - Other Adjustments: iNTEREST RATE SWAP HEDGE ADJUSTMENT: -529729. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT - AUCTION: 94819. Part XII, Line 4b - Other Adjustments: FINANCIAL AID TO STUDENTS: 494800. Part XIII, Line 2d - Other Adjustments: SPECIAL EVENT - AUCTION: 94819. Part XIII, Line 4b - Other Adjustments: FINANCIAL AID TO STUDENTS: 494800. 1 1 1 NOTED IN GENERAL PUBLICATIONS AND ADVERTISEMENTS 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 auction 308955 308955 94819 308955 308955 94819 94819 214136 1 Financial Aid to Students 46 494800 fair market value reduction of tuition cost charged to student Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: the organization maintains a listing of all scholarship recipients and amounts awarded to each student. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 JAMES P HEUS 207114 0 10000 0 0 0 30000 0 84339 0 331453 0 0 0 Part I, Line 1a On-campus housing is provided to the Head of School. Part I, Line 4a Part I, Line 4b: Jim Heus $30,000 THE ABOVE AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN C. state of ct health and educational facilities authority 060806186 2077al2z7 2005-06-01 12000000 TO PURCHASE APPROXIMATELY 42 acre RIDGEFIELD campus 0 0 12000000 250000 11750000 2006 0 0 0 0 0 0 0 0 0 0 0 1 1 morgan stanley 20.000000000000 0 0 0 X 11 110190 fair market value 0 0 1 1 Method for Determining Number of Contributors: Part I, Column (b): 11 IS THE NUMBER OF ACTUAL CONTRIBUTIONS MADE. Third Party Use: Part I, Line 32b: BROKERS USED TO SELL GIFTS OF SECURITIES. Form 990, Part VI, Section A, line 8b THE ORGANIZATION DOES NOT HAVE ANY OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, line 11 IN ACCORDANCE WITH A BOARD RESOLUTION, THE TREASURER REVIEWS AND APPROVES THE FORM 990 PRIOR TO THE FILING OF THE RETURN. IN ADDITION, THE FORM 990 IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING THE RETURN. Form 990, Part VI, Section B, line 12c On an annual basis, all board members and top management officials are required to fill out a conflict of interest policy. all potential issues are reviewed and resolved immediately. Form 990, Part VI, Section B, line 15 the board of trustees performs an evaluation of the head of school each year. the compensation committee reviews the results of the evaluation and makes recommendations for compensation, which are voted upon by the board at the june meeting. Form 990, Part VI, Section C, line 19 the organization's governing documents, conflict of interest policy and financial statements are photocopied and mailed to individuals or organizations upon request.