2011-05-16T09:02:38-07:00 2010-06-30 990 2009-07-01 060678539 SUFFIELD ACADEMY SUFF 8606687315 185 N Main Street Suffield CT 06078 Patrick Booth 8603864477 2011-03-30 2009 2016-02-24 21:20:13Z Patrick C Booth 185 N Main Street Suffield CT 06078 28759585 0 X www.suffieldacademy.org X 1833 CT Suffield Academy is a coeducational independent secondary school serving a diverse student body of day and boarding students from across the United States and from many foreign countries. The school is grounded in a tradition of academic excellence combined with a strong work ethic; respect for individual differences and a commitment to scholarship guide our curriculum and pedagogy. We engender among our students a sense of responsibility and challenge them to grow in a school community that is both structured and nurturing. We expect our students to emerge from their Suffield experience for a lifetime of learning and active citizenship. 31 31 236 101 30935 20478 5691910 6357097 16690184 17245756 360044 770723 76776 65345 22818914 24438921 3177857 3248255 0 0 8675421 8838062 0 0 967571 7363479 7462971 19216757 19549288 3602157 4889633 82156711 90298025 23841752 24134063 58314959 66163962 Suffield Academy is a coeducational independent secondary school serving a diverse student body of day and boarding students from across the United States and from many foreign countries. The school is grounded in a tradition of academic excellence combined with a strong work ethic;respect for individual differences and a commitment to scholarship guide our curriculum and pedagogy. We engender among our students a sense of responsibility and challenge them to grow in a school community that is both structured and nurturing. We expect our students to emerge from their Suffield experience prepared for a lifetime of learning and active citizenship. 0 0 15319136 3248255 17245756 Educational Delivery, General/Other; The school provides non-discriminatory eduction to approximately 400 students, Grade 9-12. The education is academic, athletic and social. 0 0 0 15319136 1 1 0 0 0 0 1 0 1 1 1 0 1 0 1 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 17 1 1 236 1 1 1 1 HK 0 0 0 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X X Suffield Academy 8606687315 185 North Main Street Suffield CT 06078 Paul Blakeley 0 X 0 0 0 Joseph P Campanelli 0 X 0 0 0 Andrew C Chase 0 X 0 0 0 Christopher T Cuddy 0 X 0 0 0 Michael J Daly 0 X 0 0 0 George B Daniels 0 X 0 0 0 Guy L de Chazal 0 X 0 0 0 Samuel S Fuller 0 X 0 0 0 Robert C Graham 0 X 0 0 0 Valisha Graves 0 X 0 0 0 Matthew W Greene 0 X 0 0 0 Walter Harrison 0 X 0 0 0 Laurence Heilbronn 0 X 0 0 0 Christopher M Houlihan 0 X 0 0 0 Bradley S Jacobs 0 X 0 0 0 Christopher T Jensen 0 X 0 0 0 Maryann Jones 0 X 0 0 0 Lawrence N Lavine 0 X 0 0 0 Karen McDonald 0 X 0 0 0 Jeffrey K McElnea 0 X 0 0 0 Bruce C Mellon 0 X 0 0 0 Patricia Q Moore 0 X 0 0 0 Tracy Orr OKeefe 0 X 0 0 0 Frederic B Powers III 0 X 0 0 0 Jackson W Robinson 0 X 0 0 0 Daniel R Tisch 0 X 0 0 0 John M Tremaine 0 X 0 0 0 H P Van Ingen 0 X 0 0 0 Suzy Vogler 0 X 0 0 0 Jeffrey White 0 X 0 0 0 Jacqueline R Williams 0 X 0 0 0 Charles Cahn III 60 X X X 319570 0 0 Patrick C Booth 60 X X 188093 0 0 Barry Cleary 60 X 106312 0 0 Phil Riegel 60 X 105887 0 0 719862 0 0 4 0 1 0 Krupa Oil Co 827 Thompsonville Road Suffield CT 06078 Boiler installation and oil supply 251097 Wolf ColorPrint 111 Holmes Road Newington CT 06111 Printing 174187 ABM Janitorial Services Northeast Inc PO Box 1534 New York NY 100081534 Cleaning Services 150578 D C Painting Contractors Inc 32 Howard Street Newington CT 06111 Painting 120808 Cambridge Associates LLC PO Box 10317 Uniondale NY 115550317 Consulting 110442 5 0 0 269253 0 0 6087844 0 6357097 Tuition & Fees 611110 17245756 17245756 0 0 0 0 0 0 17245756 250904 250904 0 0 0 0 0 0 0 0 0 0 151966 0 103621 0 48345 0 48345 0 30935 17410 4718862 0 4199043 0 519819 0 519819 0 0 519819 0 269253 35000 18000 17000 0 0 17000 0 24438921 17496660 30935 554229 0 0 3077555 3077555 170700 170700 0 0 894190 763905 130285 6163950 5607109 215577 341264 362145 327561 17448 17136 943990 765230 153605 25155 473787 395350 46139 32298 24278 24278 58266 58266 195289 195289 421826 392135 29691 277758 101394 20918 155446 277846 97148 108870 71828 69201 69201 1235567 1235567 126875 75107 14153 37615 47455 37738 6376 3341 587740 587740 2162126 2162126 184614 184614 Supplies 947591 630906 163482 153203 Food Service Supplies & Expenses 640405 640405 0 0 Bank Fees 24403 0 24403 0 181731 181731 19549288 15319136 3262581 967571 -40020 276315 7010619 5445477 2007033 1690394 5421363 6275470 0 0 0 0 0 0 80894 96711 219700 118647 64143795 22850344 42350769 41293451 11093154 18405538 12394487 15001743 0 0 1618712 1694279 82156711 90298025 1892368 1819072 0 0 8960154 9634024 12410000 12110000 0 0 0 0 111927 80519 0 0 467303 490448 23841752 24134063 X 41012135 48362606 5513458 5857544 11789366 11943812 58314959 66163962 82156711 90298025 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X 0 23288295 4401071 3686824 0 1379660 195762 29800768 27537276 2693963 -4767832 0 1960951 214161 23288295 0.51 0.35 0.14 0 0 0 416683 416683 0 58125393 19984525 38140868 0 613229 600035 13194 0 4927388 2209707 2717681 0 61102 56077 5025 41293451 0 15001743 F 15001743 Capitalized Loan Costs Net of Amortization 520838 Funds Held in Trust by Others 1098371 Other Assets 75070 1694279 0 Student Debit Card 136249 Series B Bond Premium 354199 490448 24438921 19549288 4889633 2959370 0 0 0 0 2959370 7849003 17713187 0 0 0 0 0 17713187 0 6725734 6725734 24438921 16468791 0 0 0 0 0 16468791 0 3080497 3080497 19549288 SchD_P03_S00_L01 Schedule D, Part III, Line 1 Total value of the school's works of art are immaterial for financial statement disclosure SchD_P03_S00_L04 Schedule D, Part III, Line 4 Various piece of visual arts, mostly paintings, donated for display in academic buildings. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds have been established for a variety of purposes including, Scholarship,Prize and Awards, Support Services & General Support of the School. SchD_P10_S00_L00 Schedule D, Part X During the Fiscal year 2008, the Academy adopted FASB, Interpretation No.48 " Accounting for Uncertainty in Income Taxes-an Interpretation of SFAS No. 109, Accounting for Income Taxes"(FIN 48"). The adoption did not have a material effect on the financial statements. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Capital gifts recorded below the operating revenue line in the audited financial statements and certain expenses are netted against revenue in the audited financial statements. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Financial aid grants included in expenses for 990 but netted against revenue in the audited financial statements. Certain expenses netted against revenue in audited financial statement are included in expenses on form 990. 1 1 1 All recruitment materials include the school's non-discrimination policy. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 Europe (including Iceland and Greenland) Grantmaking Financial Aid to Students from Norway and Slovakia 85450 Central America and the Caribbean Grantmaking Financial Aid to Student from Trinidad & Tobago 42625 South America Grantmaking Financial Aid to Student From Venezuela 42625 0 0 170700 Financial Aid Europe (including Iceland and Greenland) 2 0 85450 Grantmaking Cost of Tuition Financial Aid Central America and the Caribbean 1 0 42625 Grantmaking Cost of Tuition Financial Aid South America 1 0 42625 Grantmaking Cost of Tuition SchF_P01_S00_L02 Schedule F, Part I, Line 2 The schools standard admissions practices are applied to candidates. Annual Auction 381309 151072 230237 0 0 0 0 0 36555 Misc Reunion, Go 39016 0 39016 0 0 0 0 0 30308 0 420325 151072 269253 0 0 0 0 0 66863 66863 202390 35000 18000 35000 0 18000 0 0 18000 17000 CT 1 0 0 0 1 0 Suffield Academy Business Office and Develpment Office 185 North Main St Suffield CT 06078 0 0 0 1 Financial Aid 127 0 2980225 Cost of Tuition Financial Aid and Tuition Remission SchI_P01_S00_L02 Schedule I, Part I, Line 2 Grants issued are reduction in tuition for students to attend the school. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Charles Cahn III 319570 0 0 0 0 0 38550 0 35688 0 393808 0 0 Patrick C Booth 188093 0 0 0 0 0 13678 0 61063 0 262834 0 0 0 Barry Cleary 106312 0 0 0 0 0 12337 0 28188 0 146837 0 0 0 Phil Riegel 105887 0 0 0 0 0 7998 0 28188 0 142073 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The school is a residential program. Housing is provided to faculty(which the Headmaster, Assistant Treasurer, Assistant Headmaster and Development Director all are) as a condition of employment and for the needs and convenience of the school. The school maintained a country club membership for the Headmaster and golf team of the school. Fees related to the Headmaster dues are included in w-2 compensation. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The board of trustees hired a compensation consultant when establishing the headmasters contract to perform a study of compensation at peer institutions. The committee utilized this data in establishing the contract. Annually peer compensation data is updated and reviewed by the full board when establishing the pay of the headmaster. The full board votes on the Headmasters annual pay. State of Connecticut Health and Educational Facilities Authority 060806186 20774URE7 2007-11-08 12640000 Refinance Existing Debt and New Construction 0 0 13185580 0 9103508 0 582071 0 3500000 2007 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 Patrick Booth Chief Financial Officer and Assistant Treasurer $30,375 Tuition Remission-Benefit Available to All Qualified full time employees Jackson Robinson Principle of Investment Firm 259394 Management of Endowment Assets 0 F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The school's form 990 was distributed, reviewed and discussed by the full board at its May 7, 2011 board meeting. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c All trustees, senior administrators and employees who oversee the significant budgets are required annually to review the school's conflict of interest statement and submit a statement to the school both affirming independence and if necessary disclosing conflicts. All employees trustees and employees are expected to bring conflict of interest issues to the President or Head of the School if and when they occur. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The School's board hired an independent consultant to provide peer review and data on compensation for the headmaster when his contract was established. Annually the Headmasters position relative to peers is updated. The full board reviews the data and votes on the Headmasters compensation. In addition the compensation levels of all senior administrator is reviewed with the full board with comparisons to peer data. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Documents are available upon request.