2024-02-29T07:40:32-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2022-07-01 060646937 THE UNQUOWA SCHOOL ASSOCIATION INC UNQU 2033363801 981 STRATFIELD ROAD FAIRFIELD CT 068251655 SHARON LAUER HEAD OF SCHOOL 2033363801 2024-02-23 1 SHARON LAUER 999009999 0 JOHN TOSCANO P00358542 8605614000 2024-02-23 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHARON LAUER 981 STRATFIELD ROAD FAIRFIELD CT 068251655 6373443 0 X WWW.UNQUOWA.ORG X 1917 CT THE UNQUOWA SCHOOL IS A CO-ED PRE K-8TH GRADE SCHOOL THAT TEACHES A TRADITIONAL ACADEMIC CURRICULUM, WITH A PROGRESSIVE APPROACH THAT FOSTERS ARTISTIC CREATIVITY, LEADERSHIP AND ENGENDERS POSITIVE ETHICAL VALUES. 16 16 58 30 0 0 322699 304081 5692351 5770348 61314 77758 175811 131731 6252175 6283918 896348 1075120 0 0 3915570 3960282 0 0 279459 1252404 1432602 6064322 6468004 187853 -184086 9667986 10033665 4182443 4557447 5485543 5476218 TO DEVELOP, EDUCATE AND PREPARE OUR FAMILY OF CHILDREN WITH AN UNAFRAID SPIRIT TO ACHIEVE THEIR PERSONAL BEST IN A CHANGING WORLD. 0 0 4962622 1075120 5892815 INSTRUCTIONAL EXPENSES INCURRED TO ENHANCE THE EDUCATION OF APROXIMATELY 160 STUDENTS 4962622 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 58 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X JANICE CERONE BUSINESS MANAGER 2033363801 981 STRATFIELD AVENUE FAIRFIELD CT 06825 JOAN PANAGOS PRESIDENT 5.00 X X 0 0 0 PAUL GREENBERG VICE PRESIDENT 5.00 X X 0 0 0 KARL MARTONE TREASURER 5.00 X X 0 0 0 STEPHEN JONES SECRETARY 5.00 X X 0 0 0 ATHENA ADAMSON BOARD MEMBER 5.00 X 0 0 0 DAVID COOPER OUTGOING BOARD MEMBER 5.00 X 0 0 0 RYAN ERENHOUSE OUTGOING BOARD MEMBER 5.00 X 0 0 0 MARGARET FARINELLA OUTGOING BOARD MEMBER 5.00 X 0 0 0 SASHA MACK OUTGOING BOARD MEMBER 5.00 X 0 0 0 DAVID MCKINNIS BOARD MEMBER 5.00 X 0 0 0 ROBIN POMPA BOARD MEMBER 5.00 X 0 0 0 LAURIE RENZULLI OUTGOING BOARD MEMBER 5.00 X 0 0 0 ALISON ROBERTS BOARD MEMBER 5.00 X 0 0 0 ALISON SMITH BOARD MEMBER 5.00 X 0 0 0 ALAN STECKLER BOARD MEMBER 5.00 X 0 0 0 HILARY TANNER BOARD MEMBER 5.00 X 0 0 0 ALEX THOMSON BOARD MEMBER 5.00 X 0 0 0 PETER TOOLAN BOARD MEMBER 5.00 X 0 0 0 MELODY WATERHOUSE BOARD MEMBER 5.00 X 0 0 0 SANDRA WILSON BOARD MEMBER 5.00 X 0 0 0 HEATHER WINKELMANN OUTGOING BOARD MEMBER 5.00 X 0 0 0 JENAH YEUNG BOARD MEMBER 5.00 X 0 0 0 SHARON LAUER HEAD OF SCHOOL 60.00 X 179047 0 33852 JANICE CERONE BUSINESS MANAGER 40.00 X 137499 0 5650 LLOYD MITCHELL DIRECTOR OF OPERATIONS & IT 40.00 X 120694 0 53188 437240 0 92690 3 0 1 0 0 69946 234135 44947 304081 TUITION & FEES 611110 5770348 5770348 5770348 77758 77758 92547 69946 83283 9264 9264 7899 6242 1657 1657 AUXILIARY SERVICES 900099 120810 120810 120810 6283918 5892815 0 87022 1075120 1075120 393417 62060 318945 12412 2706482 2225966 344564 135952 56870 46045 8374 2451 583184 469991 92576 20617 220329 158461 51911 9957 6578 6578 29909 29909 1650 1650 35747 35747 82880 65653 17227 126311 101049 25262 288054 259249 28805 152352 137117 15235 50179 50179 EDUCATIONAL SUPPLIES AN 224064 224064 FOOD & KITCHEN COSTS 162210 162210 STRATEGIC PLANNING 101999 101999 ADMINISTRATIVE EXPENSES 62865 22971 39894 107804 16669 46039 45096 6468004 4962622 1225923 279459 1395 4731 1605691 1518691 25782 1500 2712581 2891361 653 5356 6340344 2772691 3629349 3567653 1692535 1955549 0 88824 9667986 10033665 303620 308271 3878823 4160352 0 88824 4182443 4557447 X 5032601 4983082 452942 493136 5485543 5476218 9667986 10033665 X -184086 175913 -1152 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1201005 19919 171959 1392883 1289858 54366 -143219 1201005 959299 87327 243232 1289858 956204 93081 -89987 959298 740170 168570 47464 956204 0.64590 0.35410 0.00000 0 0 390000 390000 5206943 2080969 3125974 684386 632707 51679 59015 59015 0 3567653 RIGHT OF USE LEASE LIABILITY 88824 88824 X 5428137 175913 -1076272 -900359 6328496 -44578 -44578 6283918 5437462 44578 44578 5392884 1075120 1075120 6468004 PART V, LINE 4: THE SCHOOL IS CURRENTLY BUILDING ITS ENDOWMENT. THE INTENT IS TO PROVIDE A REASONABLY PREDICABLE STREAM OF INCOME THAT WILL BE USED TO SUPPORT THE SCHOOL'S OPERATING BUDGET. PART X, LINE 2: THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2020 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 STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,075,120. UNCOLLECTIBLE PLEDGE RECEIVABLE -1,152. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES -38,336. COST OF GOODS SOLD -6,242. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 38,336. COST OF GOODS SOLD 6,242. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,075,120. 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 POLICY IS PUBLICIZED ON THE SCHOOL'S HOMEPAGE, AS WELL AS THROUGH SCHOOL BROCHURES, NEWS LETTERS, ANNOUNCEMENTS AND AN ANNUAL AD IN THE LOCAL NEWSPAPER SPRING GALA 151910 69946 81964 3776 12735 46155 WINE TASTING 10583 10583 2209 4673 13735 162493 69946 92547 5985 17408 59890 83283 9264 1 FINANCIAL AID 48 1075120 CASH VALUE REDUCED TUITION PART I, LINE 2: THE UNQUOWA SCHOOL USES THE CLARITY APPLICATION TO ASSESS THE FINANCIAL STRENGTH OF EACH FAMILY BY TAKING INTO ACCOUNT INCOME (BOTH TAXABLE AND NONTAXABLE) AND EXPENSES, ASSETS (HOME EQUITY, REAL ESTATE, SAVINGS, ETC) INDEBTEDNESS, FAMILY SIZE, AND NUMBER OF CHILDREN ATTENDING TUITION-CHARGING SCHOOLS OR IN FULL TIME DAY CARE. THE CLARITY STANDARD CALCULATION CONSIDERS THESE FACTORS AND DETERMINES EACH FAMILY'S EFFECTIVE INCOME. OUT OF THIS INCOME, A PORTION IS PROTECTED FOR NECESSITIES. THE REMAINING INCOME IS DEFINED AS DISCRETIONARY AND A STANDARD PERCENTAGE OF THIS IS CONSIDERED TO BE AVAILABLE FOR EDUCATION. FINANCIAL ASSISTANCE ELIGIBILITY IS BASED ON THE DIFFERENCE BETWEEN THIS AMOUNT AND THE TUITION. X 1 0 X X X X 0 0 0 0 0 0 0 1 0 SHARON LAUER HEAD OF SCHOOL 158047 0 15000 0 6000 0 5100 0 28752 0 212899 0 0 0 LLOYD MITCHELL DIRECTOR OF OPERATIONS & IT 120694 0 0 0 0 0 2914 0 50274 0 173882 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS PROVIDED WITH A DISCRETIONARY SPENDING ACCOUNT AS PART OF THE SCHOOL'S ANNUAL BUDGET. POLICIES AND PROCEDURES ARE FOLLOWED TO ENSURE THE EXPENSES ARE PROPER BUSINESS EXPENSES. THE DISCRETIONARY SPENDING ACCOUNT IS A NONTAXABLE BENEFIT. PART I, LINE 7 THE HEAD OF SCHOOL RECEIVED A DISCRETIONARY BONUS DETERMINED AND APPROVED BY THE FINANCE COMMITTEE. 32144 FINANCIAL AID FINANCIAL AID X AUCTION ITEMS 139 44947 FAIR VALUE 0 0 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN PART I, COLUMN (B) REPRESENTS THE TOTAL NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE, WITH ASSISTANCE FROM OUR EXTERNAL AUDITORS, GATHERS THE NECESSARY INFORMATION AND COMPLETED FORM 990. THE FINAL VERSION WAS DISTRIBUTED TO EACH BOARD MEMBER VIA ELECTRONIC MAIL PRIOR TO FILING. BOARD MEMBERS WERE ENCOURAGED TO CONTACT THE FINANCE COMMITTEE IF ADDITIONAL CLARIFICATION WAS NEEDED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PRESIDENT REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD OF GOVERNERS ANNUALLY. AFTER REVIEW, EACH BOARD MEMBER COMPLETES AND SIGNS THE CONFICT OF INTEREST STATEMENT. THESE STATEMENTS ARE THEN REVIEWED BY THE BOARD PRESIDENT AND FILED IN THE UNQUOWA SCHOOL OFFICE. BOARD MEMBERS ARE URGED TO DISCLOSE CONFLICTS AS THEY ARISE AS WELL AS TO DISCLOSE THOSE SITUATIONS THAT ARE EVOLVING THAT MAY RESULT IN A CONFLICT OF INTEREST. FOR EACH POTENTIAL CONFLICT OF INTREST DISCLOSED, THE BOARD PRESIDENT OR THE FULL BOARD, AS APPROPRIATE, WILL DETERMINE WHETHER THE ORGANIZATION SHOULD: A. TAKE NO ACTION B. DISCLOSE THE SITUATION MORE BROADLY AND INVITE DISCUSSION/RESOLUTION BY THE FULL BOARD OF WHAT ACTION TO TAKE, OR C. REFRAIN FROM TAKING ACTION AND OTHERWISE AVOID THE CONFLICT. IN SOME CASES THE BOARD MEMBER WITH THE CONFLICT MAY BE ASKED TO RECUSE HER/HIMSELF FROM SENSITIVE DISCUSSIONS, SO AS NOT TO UNDULY INFLUENCE THE DISCUSSION OF THE CONFLICT. IN ALL CASES, DECISIONS INVOLVING A CONFLICT WILL BE MADE ONLY BY DISINTERESTED MEMBERS. THE FACT THAT A CONFLICT WAS MANAGED, ALONG WITH THE OUTCOME, WILL BE DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL BUSINESS MANAGER ARE DETERMINED ANNUALLY BY THE EXECUTIVE COMMITTEE. THE PROCESS INCLUDES A REVIEW OF THE CURRENT CONTRACT, AN ANALYSIS OF SALARIES FOR SIMILAR POSITIONS AT COMPARABLE SCHOOLS IN THE AREA, AND A STUDY OF ADDITIONAL CONTRACT BENEFITS. THE COMPENSATION PACKAGE IS THEN APPROVED THROUGH AN INDEPENDENT VOTE BY THE EXECUTIVE COMMITTEE. THIS PROCESS INCLUDES INPUT AND AGREEMENT BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE UNQOUWA SCHOOL ASSOCIATION, INC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGE RECEIVABLE -1,152. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.