2026-05-14T14:15:26-05:00 2025-06-30 991445194 TSS ADVISORS LLC 19 MORGAN DRIVE LEBANON NH 03766 990 2024-07-01 020222179 PROCTOR ACADEMY PROC 6037356000 PO BOX 500 ANDOVER NH 03216 AMY SMUCKER HEAD OF SCHOOL 6037356000 2026-05-14 1 0 AMBER T MCGONIS CPA P01589070 6036530044 2026-05-13 2024 2025-03-06 01:10:19Z AMY SMUCKER PO BOX 500 ANDOVER NH 03216 48693785 0 X PROCTORACADEMY.ORG X 1848 NH TAKING INSPIRATION FROM OUR MOTTO, PROCTOR ACADEMY CREATES A DIVERSE LEARNING AND LIVING COMMUNITY: ONE THAT VALUES THE INDIVIDUAL AND RECOGNIZES THE POTENTIAL OF EACH MEMBER TO STRETCH BEYOND WHAT HAD BEEN THOUGHT POSSIBLE. BALANCING ACADEMIC RIGOR, STRUCTURE, AND SUPPORT WITH THE FREEDOM FOR STUDENTS TO EXPLORE, CREATE AND DEFINE THEMSELVES, PROCTOR ENCOURAGES STUDENTS TO ACHIEVE THEIR OPTIMAL GROWTH. A DEEP COMMITMENT TO A LEARNING SKILLS PROGRAM AND A STRONG EMPHASIS ON EXPERIENTIAL LEARNING IS INTERWOVEN THROUGHOUT PROCTOR'S ACADEMIC, ATHLETIC, ARTISTIC, AND ENVIRONMENTALLY CONSCIOUS PROGRAMS BOTH ON AND OFF CAMPUS. PROCTOR STUDENTS GRADUATE UNDERSTANDING THE VALUES OF HONESTY, COMPASSION, RESPECT, AND RESONSIBILTY, PROCEEDING WITH CONFIDENCE AND WITH STRATEGIES TO BECOME LIFE-LONG LEARNERS AND THOUGHTFUL CONTRIBUTORS TO THEIR COMMUNITIES. 25 25 365 325 294326 0 8438967 9825760 28665509 30692918 1484723 2543428 223305 369161 38812504 43431267 6647007 7035157 0 0 16236772 15977428 0 0 1328725 12383938 13631688 35267717 36644273 3544787 6786994 97647779 106034069 24035335 24101039 73612444 81933030 X TAKING INSPIRATION FROM OUR MOTTO, PROCTOR ACADEMY CREATES A DIVERSE LEARNING AND LIVING COMMUNITY: ONE THAT VALUES THE INDIVIDUAL AND RECOGNIZES THE POTENTIAL OF EACH MEMBER TO STRETCH BEYOND WHAT HAD BEEN THOUGHT POSSIBLE. BALANCING ACADEMIC RIGOR, STRUCTURE, AND SUPPORT WITH THE FREEDOM FOR STUDENTS TO EXPLORE, CREATE AND DEFINE THEMSELVES, PROCTOR ENCOURAGES STUDENTS TO ACHIEVE THEIR OPTIMAL GROWTH. A DEEP COMMITMENT TO A LEARNING SKILLS PROGRAM AND A STRONG EMPHASIS ON EXPERIENTIAL LEARNING IS INTERWOVEN THROUGHOUT PROCTOR'S ACADEMIC, ATHLETIC, ARTISTIC, AND ENVIRONMENTALLY CONSCIOUS PROGRAMS BOTH ON AND OFF CAMPUS. PROCTOR STUDENTS GRADUATE UNDERSTANDING THE VALUES OF HONESTY, COMPASSION, RESPECT, AND RESONSIBILTY, PROCEEDING WITH CONFIDENCE AND WITH STRATEGIES TO BECOME LIFE-LONG LEARNERS AND THOUGHTFUL CONTRIBUTORS TO THEIR COMMUNITIES. 0 0 30146732 7035157 30692918 EDUCATING APPROXIMATELY 390 STUDENTS TAUGHT BY 90 FACULTY AND SPECIALISTS IN 180 SCHOOL DAYS AND IN 3 TRIMESTERS. 30146732 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 1 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 1 108 0 1 365 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X PROCTOR ACADEMY 6037356000 BUSINESS OFFICE 204 MAIN ST ANDOVER NH 03216 X ALEXANDRA SHOR TRUSTEE 1.00 X 0 0 0 AMANDA TOSCH TRUSTEE 1.00 X 0 0 0 ANDY STEVENSON TRSUTEE 1.00 X 0 0 0 BECCA O'CONNOR TRUSTEE 1.00 X 0 0 0 CHRIS RAY TRUSTEE 1.00 X 0 0 0 COURTNEY MONTEIRO TRUSTEE 1.00 X 0 0 0 DOUG ROBIE TRUSTEE 1.00 X 0 0 0 HADLEY SCULLY TRUSTEE 1.00 X 0 0 0 JAME HALE TRUSTEE 1.00 X 0 0 0 JON ROSENSHINE TRUSTEE 1.00 X 0 0 0 KATE KREHBIEL VICE PRESIDENT 1.00 X X 0 0 0 KEN WELLS TRUSTEE 1.00 X 0 0 0 KIM GUERSTER CLERK 1.00 X X 0 0 0 LAURA BARKAN TRUSTEE 1.00 X 0 0 0 LEE WELLS TRUSTEE 1.00 X 0 0 0 MAX COBB TRUSTEE 1.00 X 0 0 0 MELANIE SANFORD TRUSEE 1.00 X 0 0 0 PEDRO REYNOSO TRUSTEE 1.00 X 0 0 0 PETER CARR TRUSTEE 1.00 X 0 0 0 REBECCA LEAVITT TRUSTEE 1.00 X 0 0 0 RENA CLARK TREASURER 1.00 X X 0 0 0 RICHARD COURTS TRUSTEE 1.00 X 0 0 0 ROBERT GRADY TRUSTEE 1.00 X 0 0 0 TIM MINER TRUSTEE 1.00 X 0 0 0 TRAVIS WARREN PRESIDENT 1.00 X X 0 0 0 BRIAN THOMAS HEAD OF SCHOOL THROUGH 6/30/24 40.00 X 272469 0 18513 KURT CROFT CHIEF FINANCIAL AND OPERATIONS OFFICER 40.00 X 154298 0 37968 STEVE WILKINS INTM. HEAD OF SCHOOL 7/1/24 - 6/30/25 40.00 X 176270 0 1270 CHRISTOPHER BARTLETT DIRECTOR OF ENROLLMENT & M 40.00 X 151260 0 46331 SCOTT ALLENBY CHIEF STRATEGY AND COMM 40.00 X 129102 0 39022 883399 0 143104 5 0 1 0 MINUTEMAN SECURITY TECHNOLOGIES INC CONNECTOR ROAD ANDOVER MA 01810 CAMPUS-WIDE LOCK SYSTEM INSTALLATION 423718 LAVALLEE BRENSINGER ARCHITECTS DOW STREET SUITE 400 MANCHESTER NH 03101 ARCHITECTURAL DESIGN 421932 SEA EDUCATION ASSOCIATION INC WOODS HOLE ROAD FALMOUTH MA 02540 OCEAN CLASSROOM VOYAGE PROGRAM FEE 414500 GW TATRO CONSTRUCTION INC GW TATRO DRIVE JEFFERSONVILLE VT 05464 INSTALLATION OF SNOWMAKING PIPING 253266 GRANITE STATE PLUMBING & HEATING LLC OIL MILL ROAD WEARE NH 03281 HVAC INSTALLATIONS AND REPAIRS 243550 5 10175 9815585 83717 9825760 TUITION & FEES 611710 28551020 28551020 PROGRAM SUPPORT REVENUE 611710 1389791 1389791 SUMMER PROGRAM REVENUE 611710 752107 752107 30692918 1375951 1375951 37704 19843 17861 17861 17861 6287163 25000 5024957 119729 1262206 -94729 1167477 1167477 19581 10175 21415 -1834 -1834 135382 76574 58808 58808 SKI HILL INCOME 713990 253355 253355 HOCKEY RINK INCOME 713940 40971 40971 294326 43431267 30692918 294326 2618263 6538057 6538057 497100 497100 579627 579627 12082239 9450370 1951136 680733 685504 518056 130131 37317 1721692 1316169 310716 94807 908366 680238 179129 48999 110782 110782 545265 545265 170074 170074 150782 83082 63274 4426 94595 5862 78505 10228 823506 506369 264498 52639 593156 383850 168025 41281 2561722 2400856 109235 51631 818041 716358 47429 54254 476967 443580 23848 9539 3207288 2982778 160364 64146 774570 692002 61765 20803 INSTRUCTIONAL SUPPLIES 1782856 1657467 92427 32962 FOOD SERVICE EXPENSE 765830 754385 11123 322 EVENTS EXPENSES 363423 219239 23077 121107 SKI AREA EXPENSES 147922 147694 228 244909 153220 88158 3531 36644273 30146732 5168816 1328725 8659371 11563830 1611965 2535313 523856 270667 260715 259670 782285 535474 94835530 46407032 47818503 48428498 36512074 40886013 813987 813987 665023 740617 97647779 106034069 1569296 1832041 5312558 5702948 16867133 16302492 286348 263558 24035335 24101039 X 44951108 45285483 28661336 36647547 73612444 81933030 97647779 106034069 X 6786994 1533609 -17 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34255591 1997256 3401954 1834000 37820801 32354949 586668 3181574 1867600 34255591 28732666 2597502 2671381 1646600 32354949 33000511 977216 -3678761 1566300 28732666 27435087 268912 7151512 1855000 33000511 0.27353 0.63967 0.08680 0 0 5306594 5306594 73197232 36498125 36699107 14222501 9908907 4313594 2109203 2109203 48428498 RETIREMENT OBLIGATIONS 154392 FINANCE LEASE OBLIGATIONS 109166 263558 X 37877460 1533609 -7035174 -5501565 43379025 170074 -117832 52242 43431267 29556874 117832 117832 29439042 170074 7035157 7205231 36644273 PART V, LINE 4: TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR THE PROGRAMS SUPPORTED BY THE ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U. S. INTERNAL REVENUE CODE, EXCEPT WITH REGARD TO UNRELATED BUSINESS INCOME, WHICH IS TAXED AT CORPORATE INCOME TAX RATES. ACCOUNTING STANDARDS CODIFICATION SUBTOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ADDRESSES THE ACCOUNTING UNCERTAINTY OF INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE-LIKELY-THAN-NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE SCHOOL HAS DETERMINED THAT THE PROVISIONS OF SUBTOPIC 740-10 DO NOT HAVE A MATERIAL EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATIONS FOR YEARS PRIOR TO 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -7,035,157. POST-RETIREMENT HEALTH BENEFIT OBLIGATION CHANGES -17. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES -76,574. FUNDRAISING EXPENSES -21,415. RENTAL EXPENSES -19,843. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF SALES 76,574. FUNDRAISING EVENT EXPENSES 21,415. RENTAL EXPENSES 19,843. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 7,035,157. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PROCTOR ACADEMY PUBLICIZES ITS NONDISCRIMINATORY POLICY IN THE CONCORD MONITOR NEWSPAPER ANNUALLY IN SEPTEMBER. THE POLICY IS PUBLICIZED ON THE PROCTOR ACADEMY'S WEBSITE. 0 FRANCE 1 2 PROGRAM SERVICES STUDY ABROAD TERM 430537 SPAIN 1 2 PROGRAM SERVICES STUDY ABROAD TERM 406134 COSTA RICA 0 0 PROGRAM SERVICES STUDY ABROAD TERM 153151 2 4 0 0 2 4 989822 0 989822 FINANCIAL AID SERBIA 1 76300 FINANCIAL AID FINANCIAL AID LITHUANIA 1 68000 FINANCIAL AID FINANCIAL AID CANADA 4 241000 FINANCIAL AID FINANCIAL AID VIETNAM 2 36000 FINANCIAL AID FINANCIAL AID SENEGAL 1 75800 FINANCIAL AID 0 0 0 0 0 0 ANNUAL GOLF TOURNAMENT 29756 10175 19581 2861 11200 7066 288 29756 10175 19581 2861 11200 7066 288 21415 -1834 0 FINANCIAL AID & TUITION REMISSION. 148 6538057 FMV SCHOLARSHIPS AND OTHER FINANCIAL AID FOR STUDENTS. SCHEDULE I, LINE 2 THE DIRECTOR OF FINANCIAL AID MAINTAINS THE RECORDS, AND THE DIRECTOR OF FINANCE CONFIRMS THE TOTAL FINANCIAL AID TO THE BUDGETED AMOUNT. X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 BRIAN THOMAS HEAD OF SCHOOL THROUGH 6/30/24 272469 0 0 0 0 0 5500 0 13013 0 290982 0 0 0 CHRISTOPHER BARTLETT DIRECTOR OF ENROLLMENT & M 151260 0 0 0 0 0 6442 0 39889 0 197591 0 0 0 KURT CROFT CHIEF FINANCIAL AND OPERATIONS OFFIC 154298 0 0 0 0 0 3282 0 34686 0 192266 0 0 0 STEVE WILKINS INTM. HEAD OF SCHOOL 7/1/24 - 6/30/2 176270 0 0 0 0 0 0 0 1270 0 177540 0 0 0 SCOTT ALLENBY CHIEF STRATEGY AND COMM 129102 0 0 0 0 0 5616 0 33406 0 168124 0 0 0 PART I, LINE 1A ANNUALLY, THE CHAIR OF THE FINANCE COMMITTEE, PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE (ACTING IN ITS CAPACITY AS THE COMPENSATION COMMITTEE) USE THE INDEPENDENT SCHOOL ASSOCIATION OF NORTHERN NEW ENGLAND (ISANNE) PAY RATES, INFORMATION FROM FORM 990'S AND AN INTERNALLY PREPARED COMPENSATION STUDY TO DETERMINE AND APPROVE THE HEAD OF SCHOOL'S COMPENSATION. AS A CONDITION OF EMPLOYMENT AS HEAD OF SCHOOL AND IN ORDER TO FULFILL RESPONSIBILITIES AS HEAD OF SCHOOL, AND FOR THE CONVENIENCE OF THE SCHOOL THE HEAD OF SCHOOL WILL BE PROVIDED WITH HOUSING ON THE MAIN CAMPUS OF THE SCHOOL, WHICH INCLUDES PAYMENT OF ALL UTILITIES. A NEW HAMPSHIRE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 020279866 000000000 2017-01-25 25000000 FINANCE EXISTING DEBT, SUBSIDIZE DEFERRED MAINTENANCE AND CAMPAIGN PROJECTS. 0 0 0 A 20479232 215976 20263256 1 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 A 0 X 14 83717 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: PROCTOR HAS AN ACCOUNT AT MORGAN STANLEY AND ALL STOCK GIFTS ARE IMMEDIATELY LIQUIDATED AND TRANSFERRED TO THE SCHOOL'S BANK ACCOUNT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, AND THE FINANCE COMMITTEE INCLUDING THE PRESIDENT AND THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE ASKED ANNUALLY TO REPORT ON ANY CONFLICTS OF INTERESTS THAT THEY MAY HAVE. THAT INFORMATION IS ANNOUNCED PUBLICLY TO THE REST OF THE BOARD AND POSTED INTO THE NEWSPAPER. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE CHAIR OF THE FINANCE COMMITTEE, PRESIDENT OF THE BOARD AND THE EXECUTIVE COMMITTEE (ACTING IN ITS CAPACITY AS THE COMPENSATION COMMITTEE) USE THE ASSOCIATION OF INDEPENDENT SCHOOLS IN NEW ENGLAND (AISNE) PAY RATES, INFORMATION FROM FORM 990'S AND AN INTERNALLY PREPARED COMPENSATION STUDY TO DETERMINE AND APPROVE THE HEAD OF SCHOOL'S COMPENSATION. THE BOARD CONSULTED WITH EXECUTIVE CONSULTING FIRM FOR DETERMINING NEW HEAD OF SCHOOL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST PART VII - TWO BOARD MEMBERS SHARE SINGLE VOTE KEN WELLS AND LEE WELLS SHARE ONE SEAT AS BOARD MEMBERS AND SHARE A SINGLE VOTE. FORM 990, PART XI, LINE 9: POST RETIREMENT HEALTH BENEFIT OBLIGATION CHANGE -17.