2023-04-25T09:51:03-05:00 2022-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2021-07-01 060655480 AVON OLD FARMS SCHOOL INC AVON 8604044100 500 OLD FARMS ROAD AVON CT 06001 ROBERT A ORENSTEIN CHIEF FINANCIAL OFFICER 8604044100 2023-04-24 1 ROBERT ORENSTEIN 999009999 LAURA KIELCZEWSKI P00740769 9592007000 2023-04-24 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JAMES DETORA 500 OLD FARMS ROAD AVON CT 06001 49204212 0 X WWW.AVONOLDFARMS.COM X 1927 CT AVON OLD FARMS DEVELOPS BOYS INTO MEN OF STRONG MORAL CHARACTER WITH CONVICTION WHO LEARN TOGETHER IN AN INCLUSIVE, TIME-HONORED COMMUNITY DEFINED BY ACADEMIC, ATHLETIC, AND CREATIVE EXCELLENCE. 22 22 228 0 121125 0 7867923 8238026 25059557 26787376 3625324 2802586 669719 916816 37222523 38744804 4878129 5253395 0 0 14655878 15129922 0 5500 1973198 10040248 11194426 29574255 31583243 7648268 7161561 152492503 153675192 35326136 45760145 117166367 107915047 AVON OLD FARMS DEVELOPS BOYS INTO MEN OF STRONG MORAL CHARACTER WITH CONVICTION WHO LEARN TOGETHER IN AN INCLUSIVE, TIME-HONORED COMMUNITY DEFINED BY ACADEMIC, ATHLETIC, AND CREATIVE EXCELLENCE. 0 0 24623732 5253395 27035749 INDEPENDENT SECONDARY SCHOOL WITH 294 BOARDING STUDENTS AND 101 DAY STUDENTS. 24623732 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 107 0 1 228 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 22 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ROBERT A ORENSTEIN 8604044103 500 OLD FARMS ROAD AVON CT 06001 GLENN SIEBER CHAIRMAN 1.00 2.00 X X 0 0 0 DEAN C GRAHAM CO-VICE CHAIRMAN 1.00 2.00 X X 0 0 0 WILLIAM P AUSTIN CO-VICE CHAIRMAN / TREASURER 1.00 X X 0 0 0 CHRIS DREW SECRETARY 1.00 2.00 X X 0 0 0 BRIAN CONROY DIRECTOR 0.50 X 0 0 0 JAMES W CORRIGAN DIRECTOR 0.50 X 0 0 0 J STRATFORD R DENNIS DIRECTOR 1.00 X 0 0 0 JOHN EDWARDS DIRECTOR 0.50 X 0 0 0 DEE GORDON DIRECTOR 0.50 X 0 0 0 RICHARD H GORDON DIRECTOR 0.50 X 0 0 0 CLAYTON JOHNSON DIRECTOR 0.50 X 0 0 0 NEAL KEATING DIRECTOR 1.00 X 0 0 0 WADE KIRBY DIRECTOR 0.50 X 0 0 0 WADE L MCDEVITT DIRECTOR 0.50 X 0 0 0 BRADLEY MORRIS DIRECTOR 0.50 X 0 0 0 JOHN A NOLAN DIRECTOR 0.50 X 0 0 0 HENRY B SMITH DIRECTOR 0.50 X 0 0 0 FRAN THORNTON DIRECTOR 0.50 X 0 0 0 JOHN WENDLER DIRECTOR 0.50 X 0 0 0 MILTON WILLIAMS DIRECTOR 0.50 X 0 0 0 NORBERT WILLIAMSON DIRECTOR 0.50 X 0 0 0 KENNETH WINEMASTER DIRECTOR 0.50 X 0 0 0 JAMES DETORA HEAD OF SCHOOL 50.00 X 350969 0 77544 ROBERT A ORENSTEIN CFO 50.00 X 279060 0 71892 ROBERT DULLY DIRECTOR OF COMMUNICATIONS 50.00 X 142500 0 20155 ROBERT WHITTY ASSOCIATE HEAD OF SCHOOL 50.00 X 160225 0 56861 CHRIS WEBB DIRECTOR OF ADVANCEMENT 50.00 X 143437 0 72447 DEBRA CASE DIRECTOR OF TECHNOLOGY 50.00 X 138146 0 40009 GLENN WILCOX DIRECTOR OF FACILITIES 50.00 X 140983 0 42481 1355320 0 381389 15 0 1 0 COMPASS GROUP USA PO BOX 417632 BOSTON MA 022417632 FOOD PREPARATION 1897581 ALDEN BAILEY 54 DANBURY RD 290 RIDGEFIELD CT 06877 CONSTRUCTION PROJECTS 1392120 STANLEY WEISEN INC 290 PROSPECT AVE HARTFORD CT 06106 WINDOW REPLACEMENT 598876 FIELD TURF USA 175 N INDUSTRIAL BLVD NE CALHOUN GA 30701 CONSTRUCTION PROJECTS 454365 TALCOTT VIEW DEVELOPMENT INC 11 LORDSHIP RD EAST GRANBY CT 06026 CONSTRUCTION PROJECTS 403727 17 77621 3745344 4415061 9250 8238026 TUITION AND FEES 611110 26614376 26614376 SUMMER SCHOOL TUITION 611110 173000 173000 26787376 1823269 1823269 58320 0 58320 58320 58320 11117553 10138236 979317 979317 979317 40089 77621 29800 10289 10289 447177 291372 155805 155805 HOCKEY RINK AND SQUASH 713910 471156 471156 SUMMER CAMP INCOME 611620 213693 92568 121125 MISCELLANEOUS INCOME 900099 7553 7553 692402 38744804 27035749 121125 3349904 5253395 5253395 735933 505788 167086 63059 10168636 7005102 2392430 771104 1219373 829174 231681 158518 2195234 1492759 417094 285381 810746 551307 154042 105397 36036 36036 43941 43941 5500 5500 194689 194689 778983 508100 93134 177749 49502 7446 42056 392743 151101 163798 77844 460199 318500 122499 19200 1980736 1683626 198073 99037 330710 238877 39915 51918 1106123 995511 110612 2449847 2204862 244985 FOOD SERVICE 1945788 1842125 38907 64756 STUDENT SUPPLIES & EXP 581634 572307 6929 2398 STUDENT ACTIVITIES 255695 255695 MISCELLANEOUS EXPENSES 167679 -7407 131046 44040 420121 215464 157360 47297 31583243 24623732 4986313 1973198 1323110 910748 10601071 17713020 7086008 3499425 2107525 102686 77693 93856 108256 660331 129061368 65508501 61622007 63552867 69209095 66536376 357738 605883 152492503 153675192 826551 813783 9700268 10280441 21834670 34665921 2964647 0 35326136 45760145 X 87177539 84555321 29988828 23359726 117166367 107915047 152492503 153675192 X 7161561 -13293052 -3119829 X 0 1 X 1 0 X 7203340 7299032 5886196 7867923 8238026 36494517 7203340 7299032 5886196 7867923 8238026 36494517 2841021 33653496 1170903 1397329 1223278 1379644 1881589 7052743 29036 27405 17063 73504 594140 500666 485726 490087 611366 2681985 46302749 127264122 0.72680 0.73030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: HOCKEY RINK AND SQUASH REVENUE - 2017 AMOUNT: $ 345,720. 2018 AMOUNT: $ 314,277. 2019 AMOUNT: $ 345,420. 2020 AMOUNT: $ 238,174. 2021 AMOUNT: $ 471,156. MISCELLANEOUS - 2017 AMOUNT: $ 121,146. 2018 AMOUNT: $ 87,319. 2019 AMOUNT: $ 140,306. 2020 AMOUNT: $ 164,247. 2021 AMOUNT: $ 7,553. OTHER REVENUE - 2017 AMOUNT: $ 6,095. 2020 AMOUNT: $ 59,400. 2021 AMOUNT: $ 92,568. FUNDRAISING - 2017 AMOUNT: $ 110,278. 2018 AMOUNT: $ 99,070. 2021 AMOUNT: $ 40,089. INSURANCE PROCEEDS - 2017 AMOUNT: $ 10,901. BAD DEBT RECOVERY - 2020 AMOUNT: $ 28,266. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 5000 9800753 1796044 64738174 1 1 74178176 9919472 -11166059 801226 1267636 70862727 57072964 2504155 17390523 755644 2033822 74178176 56749719 1720261 2135543 3532559 57072964 57118513 2847460 2582938 692417 5106775 56749719 52838581 2299340 3712879 646090 1086197 57118513 0.72990 0.20620 0.06390 0 1 1 5020662 5020662 112266144 57028604 55237540 9138755 8479897 658858 2635807 2635807 63552867 X PART V, LINE 4: INCOME FROM THE SCHOOL'S ENDOWMENT FUND IS APPROPRIATED FOR STUDENT FINANCIAL AID, FACULTY SALARIES AND BENEFITS AS WELL AS OTHER OPERATING EXPENSES OF THE SCHOOL, IN ACCORDANCE WITH DONOR-IMPOSED RESTRICTIONS AND THE SCHOOL'S BOARD APPROVED SPENDING POLICY. PART X, LINE 2: THE SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2022 AND 2021. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2019 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS PUBLISHED IN ALL SCHOOL CATALOGUES AND BROCHURES AS WELL AS ON THE SCHOOL WEBSITE. AUCTION 66910 61460 5450 5450 PARENT'S DINNER 50800 16161 34639 16161 8189 117710 77621 40089 16161 13639 29800 10289 1 SCHOLARSHIPS/STUDENT AID 179 5253395 FMV SCHOLARSHIPS & GRANTS ARE PROVIDED TO STUDENTS VIA A WAIVER OF TUITION, FEES AND OTHER CHARGES. PART I, LINE 2: ALL FINANCIAL AID RECIPIENTS ARE REQUIRED TO COMPLETE A FINANCIAL AID STATEMENT AND PROVIDE THE NECESSARY SUPPORTING DOCUMENTATION. X 0 0 X X X 0 0 0 0 0 0 0 1 0 JAMES DETORA HEAD OF SCHOOL 321969 0 29000 0 0 0 49115 0 28429 0 428513 0 0 0 ROBERT A ORENSTEIN CFO 267560 0 11500 0 0 0 46125 0 25767 0 350952 0 0 0 ROBERT WHITTY ASSOCIATE HEAD OF SCHOOL 151725 0 8500 0 0 0 18234 0 38627 0 217086 0 0 0 CHRIS WEBB DIRECTOR OF ADVANCEMENT 143111 0 0 0 326 0 20625 0 51822 0 215884 0 0 0 GLENN WILCOX DIRECTOR OF FACILITIES 133481 0 5000 0 2502 0 15855 0 26626 0 183464 0 0 0 DEBRA CASE DIRECTOR OF TECHNOLOGY 130611 0 2900 0 4635 0 18638 0 21371 0 178155 0 0 0 ROBERT DULLY DIRECTOR OF COMMUNICATIONS 138000 0 2500 0 2000 0 20155 0 0 0 162655 0 0 0 PART I, LINE 1A THE SCHOOL REQUIRES THAT CERTAIN SENIOR LEADERSHIP RESIDE ON CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE SAFETY AND SUPERVISION OF ITS STUDENTS, FACULTY AND OTHER CONSTITUENCIES WITHIN THE SCHOOL COMMUNITY OUTSIDE OF NORMAL BUSINESS HOURS. THESE RESIDENCES ALSO SERVE AS LOCATIONS FOR VARIOUS SCHOOL-RELATED EVENTS. PART I, LINE 7 AT THE DISCRETION OF THE BOARD OF DIRECTORS AND BASED UPON THE INDIVIDUAL'S PERFORMANCE AS COMPARED TO EXPECTATIONS SET BY THE BOARD OF DIRECTORS, THE HEAD OF SCHOOL AND MEMBERS OF THE EXECUTIVE TEAM WERE AWARDED A BONUS DURING CALENDAR YEAR 2021. A CONNECTICUT HEALTH AND EDUCATION FACILITIES AUTHORITY 060806186 20775DRL8 2021-12-15 33263609 REFUNDING OF SERIES C TAX EXEMPT BOND ISSUES AND RELATED COSTS 0 0 0 A 640372 33263609 18808275 455334 73460 14000000 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 1 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 2 DEE AND RICHARD H. GORDON, DIRECTORS, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL'S 990 IS FIRST REVIEWED BY THE CFO AND CONTROLLER. ONCE ANY NECESSARY EDITS HAVE BEEN MADE, THE RETURN IS THEN PROVIDED TO THE TREASURER AND THE FINANCE COMMITTEE FOR FURTHER REVIEW AND APPROVAL. IT IS MADE AVAILABLE TO THE FULL BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE SECRETARY SHALL SEND TO EACH PERSON WHO IS A DIRECTOR OR OFFICER OF THE SCHOOL, AND TO THOSE KEY EMPLOYEES OF THE SCHOOL AS THE BOARD MAY DETERMINE, A COPY OF THIS POLICY REGARDING CONFLICT OF INTEREST, TOGETHER WITH A QUESTIONNAIRE INQUIRING AS TO CONFLICTS. ALL OTHER EMPLOYEES WILL BE MADE AWARE OF THE POLICY FROM THE DIRECTOR OF HUMAN RESOURCES, AND THEY SHOULD DISCLOSE ANY CONFLICTS OF INTEREST. IT SHALL BE THE DUTY OF EACH DIRECTOR, OFFICER AND KEY EMPLOYEE, AS THE CASE MAY BE, TO INFORM THE SECRETARY AND THE HEAD OF SCHOOL OF ANY AND ALL CHANGES IN THE INFORMATION SET FORTH IN THE QUESTIONNAIRE OR OTHERWISE UPDATE THE SECRETARY IN A TIMELY FASHION. WHEN IN DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, OR MAY EXIST, IT SHALL BE THE DUTY OF EACH PERSON TO INFORM THE SECRETARY OR HEAD OF SCHOOL FOR CLARIFICATION. FORM 990, PART VI, SECTION B, LINE 15 AVON OLD FARMS COMPENSATION GOAL PROVIDES A TOTAL COMPENSATION PROGRAM WHICH RECOGNIZES INDIVIDUAL PERFORMANCE AND MAINTAINS A COMPETITIVE MARKET POSITION. THE SCHOOL'S HUMAN RESOURCES DEPARTMENT UTILIZES THE FOLLOWING FACTORS TO ESTABLISH EMPLOYEE PAY LEVELS AND BENEFITS INCLUDING: MARKET SURVEY OF COMPARABLE POSITIONS AT COMPARABLE PRIVATE SCHOOLS, PERFORMANCE EVALUATIONS, REGIONAL COST OF LIVING DIFFERENTIALS, AS WELL AS RECRUITMENT AND RETENTION EXPERIENCE. THE BOARD'S EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE EXECUTIVE AND KEY EMPLOYEES' COMPENSATION PACKAGES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENT 292,447. PROVISION FOR UNCOLLECTIBLE PLEDGES -3,412,276. AVON OLD FARMS SCHOOL FOUNDATION 500 OLD FARMS ROAD AVON CT 06001 066386828 FORMED FOR THE PURPOSE OF OPERATING AS A SUPPORTING ORG. FOR THE SCHOOL. CT 501(C)(3) LINE 12A, I AVON OLD FARMS SCHOOL INC 1 THE RIDDLE TRUST 500 OLD FARMS ROAD AVON CT 06001 066074707 PROVIDE FINANCIAL SUPPORT TO AVON OLD FARMS SCHOOL. CT 4947 (A)(1) CHARITABLE TRUST AVON OLD FARMS SCHOOL INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0