2011-05-16T14:32:54-05:00 2010-06-30 ParenteBeard LLC 1200 Atwater Drive Suite 225 Malvern PA 19355 990 2009-07-01 231352646 HAVERFORD SCHOOL HAVE 4844172722 450 LANCASTER AVENUE HAVERFORD PA 19041 david s gold 4844172722 2011-05-16 1 Leonard P Metkowski 6106478100 2009 2016-02-24 21:20:13Z joseph t cox 450 LANCASTER AVENUE HAVERFORD PA 19041 44529650 0 X www.haverford.org X 1916 PA non-sectarian college prep school for qualified boys grades jr K through 12 26 25 303 40 0 0 5404537 15359796 24787186 26836858 -4159729 649611 1130994 1088696 27162988 43934961 2924581 3581540 0 16075694 17170916 0 2915593 11890300 10549985 30890575 31302441 -3727587 12632520 119701697 135911251 53248222 55535181 66453475 80376070 The Haverford School, a non-sectarian college preparatory school for junior kindergarten through grade twelve, provides a superior liberal arts education for qualified boys of differing backgrounds. We are committed to developing the full intellectual, artistic, athletic and moral potential in each boy, and we aim to graduate young men with strong character who possess a passion for learning. 0 0 23475679 3581540 26836858 DIRECT INSTRUCTIONAL EXPENSES IN Junior KINDERGARTEN THROUGH GRADE 12, ATHLETIC PROGRAM, AND OTHER EXTRA-CURRICULAR ACTIVITY EXPENSES FOR approximately 990 STUDENTS. 23475679 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 89 0 1 303 1 0 0 0 0 0 0 0 0 0 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 PA X david gold DIRECTOR OF FINANCE 6106423020 450 LANCASTER AVENUE HAVERFORD PA 19041 Elizabeth McKee Anderson 0.50 X 0 0 0 Kenneth L brier 1.50 X 0 0 0 robert C Clothier III 1.50 X X 0 0 0 JosEPH T COX 40.00 X X 370820 0 77844 John A deflaminis 0.50 X 0 0 0 david b ford jr 1.50 X 0 0 0 John A fry 0.50 X 0 0 0 richard w graham II 0.50 X 0 0 0 richard J Green 0.50 X 0 0 0 michael s lewis 0.50 X 0 0 0 Daniel C lubin 0.50 X 0 0 0 john j lynch III 0.50 X 0 0 0 david j martinelli 0.50 X 0 0 0 richard i melvoin 0.50 X 0 0 0 leslie Muhlfelder Freemann 0.50 X 0 0 0 albert c oehrle 0.50 X 0 0 0 Amy petersen 0.50 X 0 0 0 caroline rogers 0.50 X 0 0 0 vincent A Rossi 0.50 X X 0 0 0 Michael J Selverian 0.50 X X 0 0 0 john f Stoviak 11.00 X X 0 0 0 john h Thacher Jr 0.50 X 0 0 0 FeLECIA WEISS 0.50 X 0 0 0 carter D williams 0.50 X 0 0 0 thomas L williams 0.50 X 0 0 0 JEFFREY YASS 0.50 X 0 0 0 David S Gold 40.00 X 165999 0 54008 JAMES M THORBURN 40.00 X 201374 0 23212 Matthew Green 40.00 X 66705 0 76008 David A Merrick 40.00 X 189907 0 50568 john c Nostrant 40.00 X 143155 0 49758 Brian McBride 40.00 X 75000 0 124408 Ronald F Duska 40.00 X 137815 0 18440 James J Greytok Jr 40.00 X 117606 0 45311 Daniel Slack 40.00 X 100112 0 18355 1426788 0 337496 10 0 1 0 Sodexo Operations LLC PO BOX 804735 CHICAGO IL 60695 FACILITY & dining services 2328382 BLUE CROSS IBX 1901 MARKET ST philadelphia PA 19103 INSurance 1519926 Field Turf 202 Philips Road Exton PA 19341 athletic fields 711313 Willis of Pennsylvania 100 Matsonford Road Radnor PA 19087 Insurance 313568 Sheppard Detective System Inc 2810 N Broad Street Philadelphia PA 19132 investigation services 235234 6 20978 213372 15125446 121805 15359796 TUITION & FEES 611710 26048135 26048135 DAY CARE PROGRAM 611710 244875 244875 SUMMER DAY CAMP 611710 217070 217070 Music Lessons 611710 168180 168180 ENRICHMENT PROGRAM 611710 158598 158598 26836858 646279 646279 71067 71067 71067 71067 573526 570194 3332 3332 3332 25638 20978 24495 1143 1143 Cafeteria 611710 814345 814345 OTHER 611710 110242 110242 CENTENNIAL HALL 611710 91899 91899 1016486 43934961 26836858 0 1738307 3581540 3581540 1977609 625180 831385 521044 11529918 9543919 1096337 889662 1065438 1065438 1594385 1323340 159439 111606 1003566 854616 82225 66725 79937 79937 1688024 1441454 156916 89654 323619 5904 317715 1492114 1212132 198330 81652 143583 143583 979982 443228 307704 229050 171181 142624 28557 63542 31846 26756 4940 947405 706770 137948 102687 2981681 2224352 434153 323176 174413 130113 25396 18904 INSTRUCTIONAL EXPENSES 617862 617862 books, dues & subscript 273244 207061 63993 2190 ATHLETIC DEPARTMENT 246059 246059 ADMINISTRATION AND RELA 210769 210769 communications 128031 128031 28539 28539 31302441 23475679 4911169 2915593 X 3500 3500 6684455 8578967 6247932 14706005 34276 45637 190000 420143 206365 103765061 23888128 81377839 79876933 19475226 26514543 4331267 5071956 531736 486609 405323 420736 119701697 135911251 1840381 2758805 3395893 4099575 45285000 44715000 2000000 2000000 726948 1961801 53248222 55535181 X 55611178 59300576 1643019 9506599 9199278 11568895 66453475 80376070 119701697 135911251 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23695095 4490543 3070918 215488 31041068 43497483 857273 -8757931 1761940 10139790 23695095 0.59000 0.35000 0.06000 0 0 631496 631496 93265609 16675865 76589744 9816062 7212263 2603799 51894 51894 79876933 Accrued postretirement health costs 477852 Interest rate swap agreements 1483949 1961801 43934961 31302441 12632520 2543191 -1253116 1290075 13922595 41588054 2543191 -4834656 -2291465 43879519 79937 -24495 55442 43934961 27665459 24495 24495 27640964 79937 3581540 3661477 31302441 Part V, Line 4: Description of Intended Use of Endowment Funds: THE ENDOWMENT FUND Supports the mission of the school through scholarships, program support, and faculty support. Part X: Description of Uncertain Tax Positions Under FIN 48: The School has evaluated its tax positions as of June 30, 2010. A tax position is recognized as a benefit only if it is "more-likely-than-not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that has a likelihood of being realized on examination of more than 50 percent. For tax positions not meeting the "more-likely-than-not" test, no tax benefit is recorded. Under the "more-likely-than-not" threshold guidelines, Management believes no significant uncertain tax positions exist, either individually or in the aggregate, that would give rise to the recognition of an income tax liability. As of June 30, 2010, in the opinion of Management, the School has no material unrecognized income tax liabilities or accrued interest and penalties. The School's Federal Exempt Organization Business Income Tax Returns for 2009, 2008, and 2007 remain subject to examination by the IRS. Part XI, Line 8 - Other Adjustments: interest rate swap agreement : -1268529. beneficial interest in perpetual trust: 15413. Part XII, Line 2d - Other Adjustments: financial Aid: -3581540. interest rate swap agreement : -1268529. beneficial interest in perpetual trust: 15413. Part XII, Line 4b - Other Adjustments: FUNDRAISING EXPENSES: -24495. Part XIII, Line 2d - Other Adjustments: FUNDRAISING EXPENSES: 24495. Part XIII, Line 4b - Other Adjustments: FINANCIAL AID: 3581540. 1 1 1 The Haverford School is a member of a local consortium called "ADVIS" that publishes a nondiscriminatory statement in newspapers. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 GOLF OUTING 46616 20978 25638 24495 46616 20978 25638 24495 24495 1143 1 scholarships & financial Aid 251 3581540 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: STUDENTS AND PARENTS GO THROUGH AN EXTENSIVE APPLICATION PROCESS EVERY YEAR TO DETERMINE ELIGIBILITY. AFTER FAMILIES ARE APPROVED, GRANTS ARE ISSUED (AFTER THE ENROLLMENT CONTRACT AND DEPOSIT HAVE BEEN RECEIVED). IF CURRENT FAMILIES HAVE A PAST DUE BALANCE, THEY MUST PAY THEIR ACCOUNT BALANCE TO RECEIVE FUTURE GRANTS. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 JosEPH T COX 309336 0 60000 0 1484 0 24500 0 53344 0 448664 0 224332 0 David S Gold 165765 0 0 0 234 0 17500 0 36508 0 220007 0 110004 0 JAMES M THORBURN 168640 0 0 0 32734 0 16200 0 7012 0 224586 0 112293 0 David A Merrick 159673 0 0 0 30234 0 16560 0 34008 0 240475 0 120238 0 john c Nostrant 112921 0 0 0 30234 0 11500 0 38258 0 192913 0 96457 0 Ronald F Duska 107581 0 0 0 30234 0 11440 0 7000 0 156255 0 78128 0 James J Greytok Jr 117372 0 0 0 234 0 12000 0 33311 0 162917 0 81656 0 Part I, Line 1a The school reimbursed the Headmaster's spouse for cleaning services for their school provided house. The house is used for entertaining development prospects and hosts school functions. The school paid for air fare for the headmaster's wife to attend development functions (for which his spouse was involved) appropriate to be included. Part I, Line 4a Joseph T Cox, the headmaster, participates in a nonqualified 457b plan. he contributed $16,500. Montgomery County Industrial Development Authority 232245125 613609WH5 2007-03-29 11501946 revenue refunding bonds 0 0 Montgomery County Industrial Development Authority 232245125 613609XQ4 2008-06-02 34845000 revenue refunding bonds 0 0 11501946 174731 2007 1 0 1 1 34845000 269296 2008 1 0 1 1 0 0 0 0 1 0.00000 0.00000 1 0 0 0 0 1 0.00000 0.00000 1 0 0 0 0 0 0 0 1 1 Wachovia and Royal Bank or Canada 27.000000000000 0 0 0 X 20 644532 FMV 0 0 0 Form 990, Part VI, Section B, line 11 The Executive Committee will receive a copy of the full 990 and approve. The 990 without the Schedule B will then be circulated to the full board. Form 990, Part VI, Section B, line 12c Annually the Board is required to complete a conflict questionnaire to highlight any conflicts or relationships. IF A POTENTIAL CONFLICT ARISES, THE BOARD MEMBER OR OFFICER IN QUESTION RECUSES HIMSELF OR HERSELF FROM ANY VOTES OR DECISIONS RELATED TO THE CONFLICT. Form 990, Part VI, Section B, line 15 The Headmaster's compensation is determined by the chairman of the board of trustees and the executive committee. They engage an outside consultant (Littleford & Associates) in determining the Headmaster's contract. The consultant benchmarks/safe harbors against other headmasters in the industry. A contract was just signed/reviewed in June 2010. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part XI, Line 2C: The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accountant. The methods in which they follow have not changed from the prior year.