2011-11-10T13:05:29-06:00 2011-06-30 TYLER SIMMS & STSAUVEUR CPAS PC 19 MORGAN DRIVE LEBANON NH 03766 990 2010-07-01 020222147 KIMBALL UNION ACADEMY KIMB 6034693211 MAIN STREET MERIDEN NH 037700188 JAMES E GRAY 6034693211 2011-11-02 1 JAMES N GODFREY CPA 6036530044 2010 2016-03-07 17:11:31Z JAMES E GRAY MAIN STREET MERIDEN NH 03770 19306866 0 X WWW.KUA.ORG X 1813 NH SECONDARY EDUCATION 25 22 227 0 179505 -103836 2610180 4688163 13465407 13718470 569032 533210 311727 242392 16956346 19182235 3195950 3736315 0 0 5885911 6295344 0 0 848419 7235290 7376038 16317151 17407697 639195 1774538 54446699 58898397 18419977 19619660 36026722 39278737 TO DISCOVER WITH EACH STUDENT THE RIGHT PATH TO ACADEMIC MASTERY, TO CREATIVITY, AND TO RESPONSIBILITY. 0 0 14664605 3736315 13718470 PRIVATE HIGH SCHOOL THAT SERVES 212 BOARDING STUDENTS AND 105 DAY STUDENTS. 14664605 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 229 0 1 227 1 1 1 0 0 0 0 0 0 0 0 0 X 25 22 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NH X X JAMES E GRAY 6034692000 KIMBALL UNION ACADEMY MERIDEN NH 037700188 ROBERT FITZGERALD 1.00 X 0 0 0 ROBERT V BARTLES 1.00 X 0 0 0 WILLIAM A BLACK 1.00 X X 0 0 0 WILLIAM BARKER 1.00 X 0 0 0 GEOFFREY FLICKINGER 1.00 X 0 0 0 THOMAS L GOSSELIN 1.00 X 0 0 0 TIMOTHY J HERBERT 1.00 X 0 0 0 ALLAN FERGUSON 1.00 X 0 0 0 DONALD E LOWERY 1.00 X 0 0 0 THOMAS MAHER 1.00 X 0 0 0 SYDNEY FINKELSTEIN 1.00 X 0 0 0 KATHRYN MUNRO 1.00 X 0 0 0 CHRISTOPHER TATUM 1.00 X 0 0 0 CHRISTIE MORSE MD 1.00 X 0 0 0 BENJAMIN FISCHMAN 1.00 X 0 0 0 HANS OLSEN 1.00 X 0 0 0 G MANNING ROUNTREE 1.00 X 0 0 0 JEFFREY P CUTTS 1.00 X X 0 0 0 J ROBERTS SNOW 1.00 X 0 0 0 KARIN TRAVAGLIONE 1.00 X 0 0 0 JENNIFER A BORISLOW 1.00 X X 0 0 0 EDWARD H STANSFIELD III 1.00 X X 0 0 0 MICHAEL J SCHAFER 40.00 X X 245555 0 109973 WILLIAM WEITZEL 1.00 X 0 0 0 ROBIN SCHILTKAMP 1.00 X 0 0 0 JAMES E GRAY 40.00 X 136254 0 46982 GREGORY POLLARD 40.00 X 102308 0 60118 484117 0 217073 3 0 1 0 0 4688163 225822 4688163 TUITION 611710 12801923 12801923 SUMMER PROGRAMS 611710 477869 477869 PROGRAM SUPPORT 611710 438678 438678 13718470 370943 370943 1020 1020 1020 1020 155222 7045 155222 7045 162267 162267 157869 124631 33238 33238 CHILD CARE FEES 624410 146345 146345 ATHLETIC FACILITY RENT 713940 61789 33160 28629 208134 19182235 13718470 179505 596097 3736315 3736315 481008 481008 4576076 3744856 609506 221714 403599 333632 50214 19753 683278 531234 120592 31452 151383 113580 31078 6725 53616 53616 85982 85982 41512 41512 201768 87528 35864 78376 803467 803467 64371 30223 15208 18940 12989 3838 9151 402076 402076 2020730 2020730 234635 58478 176157 EDUCATIONAL EXPENSES 1309019 1309019 PLANT EXPENSE 502723 502723 MISC 384527 68514 8116 307897 SCHOOL GENERAL 334406 204746 129652 8 DEVELOPMENT 212889 49335 163554 711328 622799 88529 17407697 14664605 1894673 848419 3132936 5170968 3668220 4314100 267435 677335 162542 194596 65221 64947 48847852 15922398 30903009 32925454 13809900 13176246 900178 757815 1537258 1616936 54446699 58898397 1461623 2835722 3765430 4285476 10159711 10000000 745425 680437 2287788 1818025 18419977 19619660 X 21589775 25316339 2978485 2021624 11458462 11940774 36026722 39278737 54446699 58898397 X 1774538 1477477 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13422419 588352 1628624 538225 15101170 12683548 824486 387622 640000 13255656 13804010 1037161 -2642671 653000 11545500 0.09940 0.79070 0.10990 0 0 4186500 4186500 28637768 10963648 17674120 11344935 2362833 8982102 3709338 2595917 1113421 969311 969311 32925454 CAPITAL LEASE 88295 RETIREMENT OBLIGATION 157610 DEFERRED COMPENSATION 82370 INTEREST RATE SWAP 1371524 DEFERRED RENT LIFE ESTATE 118226 1818025 19182235 17407697 1774538 1147431 330046 1477477 3252015 16507369 1147431 -3736315 -2588884 19096253 85982 85982 19182235 13585400 0 13585400 85982 3736315 3822297 17407697 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: KIMBALL UNION ACADEMY USES THEIR ENDOWMENT FUNDS FOR ACADEMICS, THE EQUESTRIAN PROGRAM, DEPARTMENT MANAGER SALARIES, FINANCIAL AID, BUILDING MAINENTANCE, BOOKS, AND OPERATING SUPPORT. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -3,736,315. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,736,315. NON-CASH BENEFITS 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 KIMBALL UNION ACADEMY'S NONDISCRIMINATORY POLICY IS PUBLISHED REGULARLY IN EMPLOYMENT ADS IN THE VALLEY NEWS AND IN THE CLAREMONT EAGLE TIMES. THE NONDISCRIMINATORY POLCY IS ALSO STATED VARIOUS TIMES ON THE KUA WEBSITE AND IN KUA'S ADMISSIONS MATERIAL. EVERY STUDENT HAS AN ANNUAL CONTRACT WITH THE SCHOOL THAT CLEARLY STATES THE SCHOOL'S NONDISCRIMINATORY POLICY. INDIA 0 0 PROGRAM SERVICES STUDENTS STUDYING ABROAD. 11047 COSTA RICA 0 0 PROGRAM SERVICES STUDENTS STUDYING ABROAD. 28387 0 0 0 39434 0 39434 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ACTUAL COST 1 FINANCIAL AID 167 3736315 FMV FINANCIAL AID OTHER INFORMATION: PART IV: THE NAMES AND ADDRESSES OF THE RECIPIENTS ARE AVAILABLE AT BUSINESS OF KIMBALL UNION ACADEMY. X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL J SCHAFER 245555 0 0 0 0 0 1045 0 108928 0 355528 0 0 0 JAMES E GRAY 136254 0 0 0 0 0 3035 0 43947 0 183236 0 0 0 GREGORY POLLARD 102308 0 0 0 0 0 9692 0 50426 0 162426 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO A MAJORITY OF THE FACULTY SINCE FACULTY MUST BE AVAILABLE FOR DUTY IN THE EVENINGS AND ON THE WEEKENDS. NHHEFA 020279866 644614TA7 2007-10-01 10000000 STUDENT CENTER RENOVATIONS & DEFERRED MAINENTANCE PROJECTS 0 0 0 10000000 418803 10000000 2008 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 GAYLE SCHAFER ADMISSIONS ASSOCIATE 28000 GAYLE SCHAFER, AN EMPLOYEE OF THE SCHOOL, IS THE WIFE OF THE HEAD OF THE SCHOOL, MICHAEL J. SCHAFER. 0 MARY GRAY TEACHER 49000 MARY GRAY, A TEACHER AT THE SCHOOL, IS THE WIFE OF THE SCHOOL'S CFO, JAMES E. GRAY. 0 X 19 218347 FMV X US EXTERNAL HARD DRIVES 1 7475 FMV 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION'S GIFTS OF STOCK ARE TRANSFERRED TO UBS FINANCIAL SERVICES, INC. TO BE SOLD. THE PROCEEDS ARE THEN REMITTED TO THE ORGANIZATION. 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 THE INDEPENDENT AUDITORS REVIEW THE 990 IN DETAIL WITH THE ORGANIZATION'S CFO. THE CFO REVIEWS THE 990 WITH THE AUDIT COMMITTEE AND THEN THE AUDIT COMMITTEE REVIEWS THE 990 WITH THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH TRUSTEE, PRIOR TO TAKING A POSITION ON THE BOARD, TO SUBMIT IN WRITING ANY POSSIBLE CONFLICTS. THE ORGANIZATION REQUIRES EACH TRUSTEE TO UPDATE THE LISTS ANNUALLY. TRUSTEES HAVING A FINANCIAL INTEREST IN THE TRANSACTION AT HAND ARE NOT ALLOWED TO VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A COMPENSATION COMMITTEE. THE COMMITTEE HIRED A THIRD PARTY TO REVIEW HEAD COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST ONLY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,147,431. UNREALIZED LOSS ON CASH SURRENDER VALUE OF LIFE INSURANCE NON-CASH BENEFITS INTEREST RATE SWAP 330,046. TOTAL TO FORM 990, PART XI, LINE 5: 1,477,477.