2026-04-22T15:55:45-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-07-01 042109865 NORTHFIELD MOUNT HERMON SCHOOL NORT 4134983000 ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 MARY E MCENEANY CFO/COO 4134983663 2026-04-16 1 0 LAURA J KENNEY P00202198 6177170831 2026-03-29 2024 2025-03-06 01:10:19Z BRIAN H HARGROVE ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 111229942 0 X WWW.NMHSCHOOL.ORG X 1879 MA NORTHFIELD MOUNT HERMON EDUCATES THE HEAD, HEART, AND HANDS OF OUR STUDENTS. WE ENGAGE THEIR INTELLECT, COMPASSION, AND TALENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE. 20 20 533 132 235650 0 48870340 34024757 47636065 49223750 9634124 6918816 1197980 361283 107338509 90528606 10942064 11683645 0 0 29745581 30639566 0 0 3817918 21939076 23147219 62626721 65470430 44711788 25058176 395102236 443914811 90659713 91598560 304442523 352316251 X NORTHFIELD MOUNT HERMON EDUCATES THE HEAD, HEART AND HANDS OF OUR STUDENTS. WE ENGAGE THEIR INTELLECT, COMPASSION, AND TALENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE. 0 0 39558637 11481870 47347433 NORTHFIELD MOUNT HERMON SCHOOL (NMH) GIVES YOUNG PEOPLE AN EXCEPTIONAL ACADEMIC EXPERIENCE TAUGHT BY EXPERT, CARING FACULTY. NMH IS A SECULAR COED BOARDING AND DAY SCHOOL FOR 628 STUDENTS IN GRADES NINE THROUGH TWELVE AND POST GRADUATE. OUR BEAUTIFUL WOODED CAMPUS BORDERS THE CONNECTICUT RIVER IN WESTERN MASSACHUSETTS' PIONEER VALLEY. HERE, WE CHALLENGE STUDENTS TO THINK CRITICALLY AND TO CHANNEL THEIR TALENTS TO DO GOOD IN THE WORLD, INSPIRING IN THEM A SENSE OF PURPOSE AT NMH, A CONSTELLATION OF ADULTS INTERACT WITH AND SUPPORT STUDENTS THROUGHOUT THE DAY. CLASSES ARE SMALL AND EXTENDED TO ALLOW STUDENTS TO EXPLORE EACH SUBJECT IN DEPTH. STUDENTS TAKE THREE MAJOR COURSES EACH SEMESTER FOR A TOTAL OF SIX CHALLENGING COLLEGE-PREPARATORY COURSES PER YEAR. THE SCHOOL OFFERS AN EXTENSIVE CHOICE OF SPORTS TEAMS, PERFORMING ARTS GROUPS, CLUBS AND STUDY-ABROAD OPTIONS. AN ESTIMATED 132 STUDENTS VOLUNTEER EACH TERM IN SERVICE ACTIVITIES. STUDENTS ALSO HELP RUN OUR WORKING FARM, AND PROVIDE SUPPORT FOR GRADUATIONAL CREDIT IN MULTIPLE DEPARTMENTS, INCLUDING FOOD SERVICES AND PLANT FACILITIES. 1041283 201775 1876317 NORTHFIELD MOUNT HERMON SCHOOL "NMH SUMMER" OFFERS PROGRAMS FOR STUDENTS WISHING TO ENRICH, SUPPLEMENT, OR ACCELERATE THEIR SCHOOL-YEAR EDUCATION. WE HAVE AN EXTENSIVE, COMPREHENSIVE PROGRAM THAT HAS EXISTED IN VARIOUS FORMS FOR MORE THAN 100 YEARS. EACH SUMMER, WE GATHER AS A COMMUNITY OF 216 NMH SUMMER STUDENTS TO ENGAGE IN ACADEMIC WORK AND TO LEARN FROM EACH OTHER IN MANY DIFFERENT WAYS. OUR STUDENT POPULATION IS DIVERSE AND GLOBALLY INCLINED -- IN THE SUMMER OF 2024, 15 DIFFERENT COUNTRIES AND 15 STATES WITHIN THE U.S. WERE REPRESENTED. OUR 40 TALENTED FACULTY MEMBERS AND 33 TEACHING FELLOWS PROVIDED AN OUTSTANDING EXPERIENCE FOR OUR STUDENTS. OUR GOAL, THROUGH ALL ASPECTS OF OUR COMPREHENSIVE PROGRAM, IS TO PROVIDE A VALUABLE, LIFE-CHANGING EXPERIENCE FOR EACH STUDENT WHO JOINS US. FOR MANY STUDENTS, NMH SUMMER PROVIDES THEIR FIRST EXPERIENCE OF A RIGOROUS INDEPENDENT BOARDING SCHOOL ACADEMIC PROGRAM AND CHALLENGES THEM TO A NEW LEVEL. OTHER STUDENTS COME FROM VARIOUS PEER SCHOOLS AND USE THEIR NMH SUMMER PROGRAM AS AN OPPORTUNITY TO FURTHER ACCELERATE ACADEMIC SKILLS, ADVANCE IN THEIR COURSEWORK, GAIN CONFIDENCE AND INDEPENDENCE, AND PREPARE FOR COLLEGE. 40599920 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 1 160 0 1 533 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X MARY MCENEANY 4134983663 ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 MONIE T HARDWICK CHAIR OF THE BOARD 3.00 0.00 X X 0 0 0 PETER J MACDONALD VICE CHAIR, SECRETARY 3.00 0.00 X X 0 0 0 JOSEPHINE M HART TREASURER 3.00 0.00 X X 0 0 0 JEWEL AZANIA ANDREWS TRUSTEE 3.00 0.00 X 0 0 0 TIFFANI R BROWN TRUSTEE 3.00 0.00 X 0 0 0 DAVID B CADE TRUSTEE 3.00 0.00 X 0 0 0 ARSHAY COOPER TRUSTEE 3.00 0.00 X 0 0 0 BADER A EL-JEAAN TRUSTEE 3.00 0.00 X 0 0 0 ALISON S ELLIOTT TRUSTEE 3.00 0.00 X 0 0 0 MIRJA C HAFFNER TRUSTEE 3.00 0.00 X 0 0 0 THERESA M JACOBS TRUSTEE 3.00 0.00 X 0 0 0 JAY M KAPLAN TRUSTEE 3.00 0.00 X 0 0 0 CHARLES A KNIRSCH TRUSTEE 3.00 0.00 X 0 0 0 AUDREY G KUBIE TRUSTEE 3.00 0.00 X 0 0 0 ALEX LOTOCKI DE VELIGOST TRUSTEE 3.00 0.00 X 0 0 0 CARL D MEYER TRUSTEE 3.00 0.00 X 0 0 0 JUN WOO PARK TRUSTEE 3.00 0.00 X 0 0 0 EDWARD B PITONIAK TRUSTEE 3.00 0.00 X 0 0 0 SHANNON WEINBERGER TRUSTEE 3.00 0.00 X 0 0 0 SALLY WILLIS TRUSTEE 3.00 0.00 X 0 0 0 BRIAN H HARGROVE HEAD OF SCHOOL 50.00 0.00 X 536395 0 277329 MARY MCENEANY CFO/COO 50.00 0.00 X 325918 0 46794 DEANNA FLETCHER EXECUTIVE ASSISTANT 40.00 0.00 X 67821 0 6700 PATRICIA JACKSON CHIEF ADVANCEMENT OFFICER 50.00 0.00 X 271695 0 51418 CHARLES TIERNEY ASSOCIATE HEAD OF SCHOOL 50.00 0.00 X 224675 0 72169 SARA ROURKE DIRECTOR OF HEALTH SERVICES 50.00 0.00 X 210251 0 101339 BEATRIZ GARCIA DEAN OF FACULTY 50.00 0.00 X 152074 0 83402 THEMBA FLOWERS DIRECTOR OF INFORMATION TECHNOLOGY 50.00 0.00 X 135789 0 43023 NATALIE GEORGES UNTIL 1124 DIRECTOR OF COMMUNICATIONS 50.00 0.00 X 161199 0 62640 JEFFREY SEYMOUR DIRECTOR OF FACILITIES AND GROUNDS 40.00 0.00 X 146326 0 14304 2232143 0 759118 24 0 1 0 STATEWIDE AQUASTORE INC 6010 DROTT DR EAST SYRACUSE NY 13057 CONSTRUCTION OF WATER STORAGE TANKS 773835 STUDIO TROIKA INC 15 CHANNEL CENTER ST BOSTON MA 02210 ARCHITECTURAL SERVICES 714340 FIELDTURF USA INC 175 NORTH INDUSTRIAL BLVD CALHOUN GA 30701 RETURF ATHLETIC FIELD 512869 MOWRY & SCHMIDT 15 POWER COURT GREENFIELD MA 01302 CONSTRUCTION 482589 SINGER MA LLC 100 BOWLES ROAD AGAWAM MA 01001 CONSTRUCTION OF NEW SERVERY 459220 20 34024757 2955022 34024757 SCHOOL YEAR TUITION 611110 46514068 46514068 SUMMER TUITION/FEES 611110 1876317 1876317 SUMMER CAMP AND CONFER 900099 258232 258232 575133 575133 49223750 4459252 -23612 4482864 145544 0 145544 145544 145544 22544284 392150 19391108 1085762 3153176 -693612 2459564 1030 2458534 424975 224466 200509 200509 MISCELLANEOUS 900099 15230 15230 15230 90528606 48965518 235650 7302681 11683645 11683645 2101015 1793277 307738 15375 15375 19595789 11331050 6548824 1715915 1912394 855682 843700 213012 5468897 3022058 2164899 281940 1546096 830190 572908 142998 114523 114523 99822 99822 315780 315780 1866914 1096477 558689 211748 62006 15439 46567 1007057 334642 529532 142883 879657 83636 691307 104714 2206344 1894781 288022 23541 578708 249683 193768 135257 475670 9181 74915 391574 2827101 2827101 6623549 6045017 552625 25907 864417 864417 STUDENT ACTIVITIES 1481690 1269130 212560 PLANT MAINTENANCE 1383458 121512 1257552 4394 FOOD/FLOWERS/INVENTORY 1094600 1036754 20778 37068 STUDENT TRANSPORTATION 506159 506159 759764 214884 481026 63854 65470430 40599920 21052592 3817918 5738813 8589544 33204482 33974555 12587616 10556149 6505809 4457558 516363 531554 721418 745631 222908561 118623635 99883252 104284926 140599676 166560041 95344807 114214853 395102236 443914811 3043408 4264497 15099169 15637162 59531652 58163986 434476 622332 12551008 12910583 90659713 91598560 X 138995292 167908112 165447231 184408139 304442523 352316251 395102236 443914811 X 25058176 23581238 -765686 X 0 1 X 1 0 X 12674890 15125882 16479221 48870340 34024757 127175090 12674890 15125882 16479221 48870340 34024757 127175090 49059405 78115685 2273970 3666345 3310350 5410269 4628408 19289342 15230 15230 146479662 233592684 0.53330 0.63040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 167000 1 0 1 X 229191937 21332969 27782088 3742937 5092179 269471878 186082292 29308239 25051648 3667811 7582431 229191937 167228260 5414164 20370768 3552973 3377927 186082292 189597546 6476558 -21699450 3196796 3949598 167228260 151911222 4437896 43610015 3034700 7326887 189597546 0.44790 0.38510 0.16700 0 0 117819 117819 183291594 91970700 91320894 29071720 24279244 4792476 10427428 2373691 8053737 104284926 TIMBER 3841971 F HEDGE FUNDS 5127229 F PRIVATE EQUITY 7529528 F INTERNATIONAL 78074622 F VENTURE CAPITAL 873694 F INVESTMENT IN ENWC 1308613 F PRIVATE REAL ASSETS 3469033 F OPPORTUNISTIC CREDIT 13990163 F 114214853 SWAP AGREEMENTS LIABILITY 3750448 OBLIGATION UNDER SPLIT INTEREST AGREEMENTS 2063716 ASSET RETIREMENT OBLIGATION 7096419 12910583 101930295 23581238 -180124 23401114 78529181 315780 11683645 11999425 90528606 54042345 571340 571340 53471005 315780 11683645 11999425 65470430 PART IV, LINE 2B: NORTHFIELD MOUNT HERMON SCHOOL MAINTAINS AGENCY ACCOUNTS AND ACTS AS A FISCAL AGENT FOR THE FUNDS. THESE AGENCY ACCOUNTS ARE MAINTAINED TO SUPPORT STUDENT INTRAMURAL SPORT CLUBS, COMMUNITY OUTREACH INITIATIVES, MUSICAL GROUPS AND OTHER EXTRACURRICULAR ACTIVITIES. PART V, LINE 4: NORTHFIELD MOUNT HERMON SCHOOL'S ENDOWED FUNDS ARE INVESTED IN PERPETUITY AND THE INCOME IS USED TO FUND ITS PROGRAMS. THE FUNDS ARE INVESTED FOR LONG TERM GROWTH SO THAT CURRENT AND FUTURE GENERATIONS OF STUDENTS WILL RECEIVE BENEFIT FROM THE FUNDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ENWC REVENUE 369,065. CHANGE IN VALUE OF SWAP AGREEMENTS -486,602. REALIZED LOSS ON SWAP AGREEMENTS -62,587. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 11,683,645. PART XII, LINE 2D - OTHER ADJUSTMENTS: ENWC EXPENSES 344,610. UNREALIZED SWAP LOSSES 226,730. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 11,683,645. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATION POLICY IS PUBLICLY ACCESSIBLE ON THE SCHOOL'S WEBSITE HOMEPAGE. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 72351130 EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING 36670 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES RECRUITMENT 10941 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES RECRUITMENT 14965 RUSSIA AND NEIGHBORING STATES 0 2 PROGRAM SERVICES RECRUITMENT 2494 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES RECRUITMENT 7546 NORTH AMERICA 0 0 PROGRAM SERVICES RECRUITMENT 4945 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RECRUITMENT 35934 0 3 0 0 0 3 72464625 0 72464625 1 0 1 1 1 1 PART I, LINE 3: THE SCHOOL USES THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR EXPENDITURES. INVESTMENTS ARE REPORTED AT FAIR MARKET VALUES. 1 0 0 SCHOLARSHIPS 211 11683645 N/A N/A PART I, LINE 2: IN ORDER TO OBJECTIVELY ESTABLISH FINANCIAL NEED, NORTHFIELD MOUNT HERMON SCHOOL (NMH) SUBSCRIBES TO THE SERVICES OF THE SCHOOL SCHOLARSHIP SERVICE (SSS) WHICH PROVIDES A FINANCIAL AID NEED ANALYSIS BASED ON INFORMATION MADE AVAILABLE BY FAMILIES IN A CONFIDENTIAL STATEMENT KNOWN AS THE PFS -- PARENT FINANCIAL STATEMENT. BY APPLYING OBJECTIVE CRITERIA IN A SPECIFIC FORMULA, SSS IS ABLE TO HELP ESTABLISH A FAMILY'S ABILITY TO PAY THE EXPECTED PARENTAL CONTRIBUTION, WHICH IS THEN ADJUSTED FOR THE NUMBER OF OTHER FAMILY MEMBERS IN TUITION CHARGING INSTITUTIONS AND FOR DAY VERSUS BOARDING SITUATIONS. ONCE FINANCIAL NEED HAS BEEN ESTABLISHED, NMH WILL MAKE A FINANCIAL AID AWARD WHICH COMES AS CLOSE AS POSSIBLE TO MEETING THE INDICATED NEED. X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 BRIAN H HARGROVE HEAD OF SCHOOL 534895 0 0 0 1500 0 33022 0 244307 0 813724 0 0 0 MARY MCENEANY CFO/COO 311564 0 0 0 14354 0 30985 0 15809 0 372712 0 0 0 PATRICIA JACKSON CHIEF ADVANCEMENT OFFICER 268555 0 0 0 3140 0 26560 0 24858 0 323113 0 0 0 SARA ROURKE DIRECTOR OF HEALTH SERVICES 209329 0 0 0 922 0 21438 0 79901 0 311590 0 0 0 CHARLES TIERNEY ASSOCIATE HEAD OF SCHOOL 218584 0 0 0 6091 0 22610 0 49559 0 296844 0 0 0 BEATRIZ GARCIA DEAN OF FACULTY 149885 0 0 0 2189 0 15279 0 68123 0 235476 0 0 0 NATALIE GEORGES UNTIL 1124 DIRECTOR OF COMMUNICATIONS 120333 0 0 0 40866 0 11841 0 50799 0 223839 0 0 0 THEMBA FLOWERS DIRECTOR OF INFORMATION TECHNOLOGY 135101 0 0 0 688 0 14457 0 28566 0 178812 0 0 0 JEFFREY SEYMOUR DIRECTOR OF FACILITIES AND GROUNDS 145811 0 0 0 515 0 14280 0 24 0 160630 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED FOR OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER AND IS NOT INCLUDED IN TAXABLE WAGES. NON-TAXABLE BENEFITS (REPORTED IN SCHEDULE J, PART II, COLUMN D) FOR THE FOLLOWING INDIVIDUALS INCLUDES HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER: BRIAN HARGROVE, $156,255 CHARLES TIERNEY, $19,669; PATRICIA JACKSON, $15,548; AND BEATRIZ GARCIA, $51,259. TRAVEL IS PROVIDED FOR THE HEAD OF SCHOOL'S SPOUSE. THIS WAS TREATED AS NONTAXABLE INCOME. PART I, LINE 4A NATALIE GEORGES'S COMPENSATION REPORTED ON FORM 990 PART VII AND SCHEDULE J INCLUDED $40,256 FOR SEVERANCE; TERMS AND CONDITIONS WERE AS FOLLOWS: SEVERANCE/SEPARATION PAYMENT. THE SEVERANCE IS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). A MDFA 2014 BONDS 043431814 2014-03-26 68635000 REFUND OF 2007 BONDS 0 0 0 A 9990000 68635000 670000 67965000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00450 0.00450 0 0 1 A 0 0 1 0 1 1 MORGAN STANLEY 23.000000000000 0 0 0 0 1 A 1 LINDA C HARGROVE SPOUSE OF OFFICER 15375 EMPLOYMENT 0 JUSTIN WAI FORMER TRUSTEE 225000 LAND SALE ON 8/14/2024, THE NINE TRUSTEES OF THE NMH BUILDING & GROUNDS COMMITTEE UNAIMOUSLY VOTED TO SELL A PARCEL OF LAND FOR THE APPRAISED VALUE TO JUSTIN WAI, FORMER TRUSTEE, FOR FAIR MARKET VALUE PRICE OF $225,000. 0 X 50 2788022 MARKET VALUE X 1 167000 SELLING PRICE 0 0 1 1 PART I, COLUMN (B): IN COLUMN B, THE SCHOOL IS REPORTING THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: NMH HIRED AMERICAN RARITIES, INC TO SELL A COIN COLLECTION. THE COINS WERE SOLD FOR $167,000. NMH HAS DOCUMENTATION THAT THE DONOR OF THE COINS DID NOT WANT TO RECEIVE A TAX DEDUCTION FOR THE GIFT. NO FORM 8282 WAS FILED AND NO FORM 8283 WAS SIGNED BY THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD MAY DELEGATE SOME OR ALL OF ITS POWERS TO COMMITTEES, EXCEPT THOSE POWERS WHICH BY LAW, THE ARTICLES OF ORGANIZATION, OR THE BY-LAWS IT IS PROHIBITED FROM DELEGATING. COMMITTEES SHALL BE DESIGNATED EITHER STANDING OR AD HOC COMMITTEES. IN NO EVENT SHALL THE FOLLOWING POWERS BE DELEGATED BY THE BOARD TO ANY COMMITTEE ESTABLISHED BY IT: (I) THE POWER TO CHANGE THE PRINCIPAL OFFICE OF THE CORPORATION. (II) THE POWER TO AMEND THE BY-LAWS. (III) THE POWER TO ELECT OFFICERS REQUIRED BY LAW, THE ARTICLES OF ORGANIZATION, OR THE BY-LAWS TO BE ELECTED BY THE BOARD AND THE POWER TO FILL VACANCIES IN ANY SUCH OFFICES. (IV) THE POWER TO CHANGE THE NUMBER OF MEMBERS CONSTITUTING THE BOARD AND THE POWER TO FILL VACANCIES ON THE BOARD. (V) THE POWER TO REMOVE OFFICERS FROM OFFICE OR TRUSTEES FROM THE BOARD. (VI) THE POWER TO AUTHORIZE A MERGER OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B ONCE NORTHFIELD MOUNT HERMON SCHOOL (NMH)'S FORM 990 IS COMPLETED, IT IS FIRST REVIEWED BY NMH'S INTERNAL MANAGEMENT. FOLLOWING THAT REVIEW, NMH'S INTERNAL MANAGEMENT AND OUTSIDE ADVISORS PRESENT THE FORM 990 (EXCLUDING SCHEDULE B - SCHEDULE OF CONTRIBUTIONS) TO THE AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE CHAIR OF THE AUDIT COMMITTEE REVIEWS SCHEDULE B WITH THE CHAIR OF THE BOARD OF TRUSTEES. THE COMPLETED FORM 990 (EXCLUDING SCHEDULE B - SCHEDULE OF CONTRIBUTORS) IS PROVIDED TO MEMBERS OF THE AUDIT COMMITTEE PRIOR TO THE FORM BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NORTHFIELD MOUNT HERMON SCHOOL (NMH) MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY REQUIRING DISCLOSURE OF RELEVANT FACTS THAT GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST. ANNUALLY, OFFICERS, KEY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO ACKNOWLEDGE IN WRITING THAT THEY HAVE READ AND UNDERSTOOD THE CONFLICT-OF-INTEREST POLICY. ADDITIONALLY, EACH OFFICER, KEY EMPLOYEE, AND BOARD MEMBER ACKNOWLEDGES WITH SIGNATURE THAT NO CONFLICT OF INTEREST EXISTS OR PROVIDES DISCLOSURE OF A CONFLICT. THE FORMS ARE RETURNED TO THE EXECUTIVE ASSISTANT TO THE HEAD OF SCHOOL. IF A CONFLICT EXISTS, THAT MEMBER MAY NOT BE PRESENT FOR DELIBERATIONS OR PARTICIPATE IN DECISIONS FOR A TRANSACTION INVOLVING A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 NORTHFIELD MOUNT HERMON SCHOOL (NMH) HAS AN INDEPENDENT COMPENSATION AND BENEFITS COMMITTEE THAT REVIEWS ANNUALLY THE PERFORMANCE OF THE HEAD OF SCHOOL AND THE SENIOR STAFF BASED ON FEEDBACK SHARED FROM ALL INDEPENDENT TRUSTEES. DURING ITS REVIEW OF THAT FEEDBACK AND CONSIDERING AVAILABLE ANALYTICAL MARKET DATA, THE COMMITTEE SETS THE COMPENSATION OF THE HEAD OF SCHOOL FOR THE UPCOMING YEAR. AT THE FALL MEETING OF THE FULL BOARD, THE COMMITTEE GIVES AN ORAL REPORT OF ITS FINDINGS AND RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE. THE LAST REVIEW WAS PERFORMED IN 2025. THE HEAD OF SCHOOL IS RESPONSIBLE FOR SETTING THE COMPENSATION FOR THE SENIOR STAFF BASED ON COMPARABLE MARKET DATA. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 NORTHFIELD MOUNT HERMON SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE SCHOOL. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENTS -486,602. REALIZED GAIN ON SWAP AGREEMENTS -62,587. OTHER ADJUSTMENT -216,497. EAST NORTHFIELD WATER COMPANY PO BOX 152 NORTHFIELD MA 01360 041269905 WATER COMPANY MA NORTHFIELD MOUNT HERMON SCHOOL C 48593 999406 1.00000 1 CHARITABLE REMAINDER UNITRUST (1) SUPPORT NY NMH T 0.50000 0 TRUST UNDER AGREEMENT (HIBBARD TRUSTS) (2) SUPPORT MA NMH T 0.85000 1 CHARITABLE REMAINDER ANNUITY TRUST (4) SUPPORT MA NMH T 1.00000 1 CHARITABLE REMAINDER UNITRUST (7) SUPPORT MA NMH T 1.00000 1 POOLED INCOME FUND (6) SUPPORT MA NMH T 1.00000 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 EAST NORTHFIELD WATER COMPANY J 14794 LEASE AGREEMENT TRUST UNDER AGREEMENT (HIBBARD TRUSTS) (2) S 111786 FMV