2011-10-17T14:34:10-05:00 2011-06-30 WHITTLESEY & HADLEY PC 147 CHARTER OAK AVENUE HARTFORD CT 06106 990 2010-07-01 060655136 WATKINSON SCHOOL WATK 8602365618 180 BLOOMFIELD AVENUE HARTFORD CT 06105 JOHN BRACKER 8602365618 2011-10-20 1 EDWARD S JASON 8605223111 2010 2016-03-07 17:11:31Z JOHN BRACKER 180 BLOOMFIELD AVE HARTFORD CT 06105 11629375 0 X WWW.WATKINSON.ORG X 1881 CT CO-EDUCATIONAL SECONDARY SCHOOL 26 22 101 0 0 0 860144 744233 8354120 8377419 97652 141859 120172 126875 9432088 9390386 1963823 1927379 0 0 5021532 5195283 0 0 332208 1926579 2039412 8911934 9162074 520154 228312 14949946 14775809 5250090 4391972 9699856 10383837 CO-EDUCATIONAL SECONDARY SCHOOL 0 0 6364872 8527822 CO-EDUCATIONAL SECONDARY SCHOOL OFFERING COLLEGE PREPARATORY COURSES FOR 245 STUDENTS IN GRADES 6 THROUGH 12, INCLUDING STUDENTS IN TRANSITION TO COLLEGE 6364872 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 59 0 1 101 0 0 0 0 0 0 0 0 0 0 0 X 26 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 X WANDA SCHULMAN 8602365618 180 BLOOMFIELD AVENUE HARTFORD CT 06105 DAVID KLEIN 3.00 X X 0 0 0 PETER LISI 3.00 X X 0 0 0 PHYLLIS SHIKORA 3.00 X X 0 0 0 TRACY ECCLES 3.00 X X 0 0 0 ELIZABETH APPELMAN 3.00 X 0 0 0 FRANCESCA BORGES GORDON 3.00 X 0 0 0 COLEMAN CASEY 3.00 X 0 0 0 JEFF DORNENBURG 3.00 X 0 0 0 BRIAN FIERSTON 3.00 X 0 0 0 HANK GANS 3.00 X 0 0 0 MIKE GOSS 3.00 X 0 0 0 CAROL HANLON 3.00 X 0 0 0 CHUCK MCLEAN-SHINAMAN 3.00 X 0 0 0 KASIA NOVAK 3.00 X 0 0 0 PETER STEVENS 3.00 X 0 0 0 KARL THOMAS 3.00 X 0 0 0 WESTLEY THOMPSON 3.00 X 0 0 0 PRISCILLA THORS 3.00 X 0 0 0 PAUL TIEGER 3.00 X 0 0 0 MARY HILLS POWELL 3.00 X 43530 0 27450 ARJUN KAPUR 3.00 X 0 0 30500 JAKE MILLER 3.00 X 0 0 0 SHERI GAUDET 3.00 X 0 0 16000 JOHN BRACKER 40.00 X X 220775 0 119451 WANDA SCHULMAN 40.00 X 87777 0 27450 352082 0 220851 1 0 1 0 0 20589 723644 744233 TUITION AND FEES 611600 8348708 8348708 SUMMER SCHOOL 611600 24922 24922 SCHOOL STORE 451211 3789 3789 8377419 118331 118331 68381 68381 68381 68381 2262517 2238989 23528 23528 23528 OTHER 611600 58494 58494 58494 9390386 8527822 0 118331 1927379 1927379 352082 208187 126805 17090 4130586 2442431 1487663 200492 3753 2219 1352 182 389796 230488 140388 18920 319066 188665 114914 15487 13265 7844 4777 644 32000 18922 11525 1553 123258 72883 44392 5983 408663 241644 147183 19836 6807 4025 2452 330 187984 111156 67704 9124 440937 260728 158807 21402 47532 28106 17119 2307 ACADEMIC 390490 390490 ADMINISTRATIVE 197656 116875 71187 9594 AUXILIARY 172790 102171 62232 8387 OTHER 18030 10659 6494 877 9162074 6364872 2464994 332208 1038994 667306 199573 92788 116454 85478 30144 23529 99862 112965 13928676 3674023 10389144 10254653 3075775 3539090 14949946 14775809 116581 86344 1338661 1581375 3109903 2025984 684945 698269 5250090 4391972 X 6783527 7222215 529831 749665 2386498 2411957 9699856 10383837 14949946 14775809 X 228312 455669 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3075775 25459 586251 148395 3539090 2663746 64540 347489 3075775 3020598 101370 -426441 31781 2663746 0.32000 0.68000 0 0 12564678 2859466 9705212 1363998 814557 549441 10254653 ACCRUED SALARIES AND BENEFITS 698269 698269 9390386 9162074 228312 455669 455669 683981 7918676 455669 455669 7463007 1927379 1927379 9390386 7234695 0 7234695 1927379 1927379 9162074 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 40 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL HAS IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING CERTAIN PROVISIONS OF ASC 740, INCOME TAXES. USING THIS GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2011 AND 2010, THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN IN ITS TAX RETURNS. CURRENTLY, THE SCHOOLS FEDERAL INFORMATIONAL RETURNS FOR FISCAL YEARS 2007-2009 REMAIN OPEN TO INSPECTION BY THE IRS. THE FOUNDATIONS 2010 FEDERAL INFORMATION RETURN IS TO BE FILED IN 2011. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,927,379. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,927,379. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL APPLICANTS ARE GIVEN AN APPLICATION WHICH FULLY DESCRIBES THE SCHOOL'S NONDISCIMINATORY POLICES EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 NO CHILD LEFT BEHIND PROVIDED $43,178 FOR PROFESIONAL DEVELOPMENT, COMPUTER EQUIPMENT, STUDENT PROGRAMS, AND SUPPLIES. 1 TUITION ASSISTANCE 96 1910249 FAIR MARKET VALUE TUITION RELATED FINANCIAL AID X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JOHN BRACKER 220775 0 0 0 0 0 0 0 119451 0 340226 0 0 0 WANDA SCHULMAN OFFICER - DIRECTOR OF FINANCE AND OPERATIONS 27450 TUITION REMISSION FOR HER CHILD JOHN BRACKER OFFICER - HEADMASTER 62200 TUITION REMISSIONS FOR HIS CHILDREN MARY HILL POWELL BOARD MEMBER - FACULTY REPRESENTATIVE 27450 TUITION REMISSION FOR HER CHILD ARJUN KAPUR BOARD MEMBER - STUDENT REPRESENTATIVE 30500 TUITION REMISSION FOR HIMSELF SHERI GAUDET BOARD MEMBER - PARENT REPRESENTATIVE 16000 TUITION REMISSION FOR HER CHILD X PROFESSIONAL DEVELOPMENT 1 11383 FMV X COMPUTER EQUIPMENT/SOFTWARE 1 22780 FMV X STUDENT PROGRAMS 1 2380 FMV X SUPPLIES 1 6635 FMV 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE AND EXECUTIVE COMMITTEES OF THE BOARD OF TRUSTEES REVIEWS THE COMPLETE 990 BEFORE IT IS FILED. THE FULL BOARD OF TRUSTEES REVIEWS THE DOCUMENT WITHOUT SCHEDULE B BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS CONFLICTS OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL HAS A COMPENSATION COMMITTEE AND ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 455,669.