2011-04-26T09:48:11-05:00 2010-06-30 Tyler Simms & StSauveur CPAS PC 19 Morgan Drive Lebanon NH 03766 990 2009-07-01 020222147 KIMBALL UNION ACADEMY KIMB 6034693211 PO BOX 188 MERIDEN NH 037700188 James E Gray 6034693211 2011-04-20 1 JAMES N GODFREY CPA 6036530044 2009 2016-02-24 21:20:13Z James E GRAY Main Street Meriden NH 03770 27067071 0 X www.kua.org X 1813 NH SECONDARY EDUCATION 24 21 280 0 194028 -91993 4877989 2610180 14095978 13465407 -1409510 569032 279990 311727 17844447 16956346 2825650 3195950 0 6754685 5885911 0 749350 7591430 7235290 17171765 16317151 672682 639195 54049781 54446699 18263390 18419977 35786391 36026722 To discover with each student the right path to academic mastery, to creativity, and to responsibility. 0 0 13635630 3195950 13465407 PRIVATE HIGH SCHOOL THAT SERVES 226 BOARDING STUDENTS AND 87 DAY STUDENTS. 13635630 1 1 0 0 0 0 0 0 1 1 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 1 96 0 1 280 1 1 1 0 0 0 0 0 0 0 0 24 21 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 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 ROUNTREE G MANNING 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 230554 0 129572 WILLIAM WEITZEL 1.00 X 0 0 0 James E Gray 40.00 X 134258 0 60079 RACHEL TILNEY 40.00 X 109072 0 31860 473884 0 221511 3 0 1 0 MAK's Trucking & Excavation LLC 909 Route 120 Meriden NH 03770 MAINTENANCE & CONSTRUCTION 117290 1 2610180 176261 2610180 TUITION 611710 12766378 12766378 SUMMER PROGRAMS 611710 353960 353960 PROGRAM SUPPORT 611710 345069 345069 13465407 402423 402423 54787 54787 54787 54787 10119250 8179 9829314 131506 289936 -123327 166609 166609 177782 149905 27877 27877 CHILD CARE FEES 624410 145978 110943 35035 ATHLETIC FACILITY RENT 713940 83085 83085 229063 16956346 13465407 194028 686731 3195950 3195950 437294 437294 4300113 3570489 570291 159333 295344 254187 29814 11343 714415 565127 124069 25219 138745 105976 28040 4729 58492 58492 86391 86391 19315 17918 1397 235986 71440 59673 104873 737546 737546 65107 19682 18123 27302 13279 3075 10204 545574 545574 1746458 1746458 187311 51395 135916 EDUCATIONAL EXPENSES 1281985 1281985 PLANT EXPENSE 527654 527654 SCHOOL GENERAL 409450 251274 153536 4640 MISC 350977 76128 10519 264330 Provisions for bad Debt 208412 208412 761353 613772 147581 16317151 13635630 1932171 749350 3336812 3132936 4570853 3668220 468921 267435 185998 162542 66438 65221 45194797 14291788 29541467 30903009 12451323 13809900 1971082 900178 1456887 1537258 54049781 54446699 758293 1461623 4324655 3765430 10305051 10159711 938742 745425 1936649 2287788 18263390 18419977 X 21681340 21589775 3471075 2978485 10633976 11458462 35786391 36026722 54049781 54446699 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12683548 824486 387622 640000 13255656 13804010 1037161 -2642671 653000 11545500 0.08450 0.86440 0.05110 0 0 4186500 4186500 28309951 11866856 16443095 5846471 52223 5794248 3923935 2372709 1551226 2927940 2927940 30903009 capital lease 211283 Retirement Obligation 177610 Deferred compensation 67370 other liabilities 5996 interest rate swap 1701570 Deferred Rent Life Estate 123959 2287788 16956346 16317151 639195 260793 -659657 -398864 240331 13751693 260793 -3379055 -3118262 16869955 86391 86391 16956346 13034810 0 13034810 3282341 3282341 16317151 Part V, Line 4: Description of Intended Use of Endowment Funds: KIMBALL UNION ACADEMY USES THEIR ENDOWMENT FUNDS FOR ACADEMICS, THE EQUESTRIAN PROGRAM, DEPARTMENT MANAGER SALARIES, FINANCIAL AID, BUILDING MAINTENANCE, BOOKS, AND OPERATING SUPPORT. Part XII, Line 2d - Other Adjustments: FINANCIAL AID: -3195950. Abandonment of Project: -171924. Unrealized loss on cash surrender value of life insurance: -11181. Part XIII, Line 4b - Other Adjustments: Financial Aid: 3195950. MANAGEMENT FEES: 86391. 1 1 1 KIMBALL UNION ACADEMY'S NONDISCRIMINATORY POLICY IS PUBLISHED ON THE SCHOOL'S WEBSITE AND IN A VARIETY OF PRINTED AND VERBAL MEDIA. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 India 0 0 Program services STUDENTS STUDYING ABROAD. 45593 0 0 45593 Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: Actual cost 1 Financial Aid 131 3195950 FMV Financial Aid Other Information: Part IV: THE NAMES AND ADDRESSES OF THE RECIPIENTS ARE AVAILABLE AT THE BUSINESS OFFICE. X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 Michael J Schafer 230554 0 0 0 0 0 23711 0 105861 0 360126 0 0 0 James E Gray 134258 0 0 0 0 0 13732 0 46347 0 194337 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 10000000 282337 10000000 2008 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 Jennifer Borislow Trustee 30081 Jennifer Borislow of the Borislow Insurance Agency received insurance commissions during the period of July 1, 2009 through June 30, 2010. These commissions were paid at fair-market prices. 0 Timothy Herbert Trustee 12000 The Organization has an equestrian activity program in which students participate. Timothy Herbert owns the horse farm, Ring Brook Farm, LLC, at which the program takes place. The Organization paid for the use of the facility. 0 GAYLE SCHAFER ADMISSIONS ASSOCIATE 28000 GAYLE, 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 7 10357 fmv X 4 124559 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 list 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.