2026-04-07T09:47:22-05:00 2025-06-30 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET 4TH FLOOR CONCORD NH 03301 990 2024-07-01 020265542 THE DERRYFIELD SCHOOL DERR 6036694524 2108 RIVER ROAD MANCHESTER NH 03104 SCOTT MCPHERSON CFO 6036694524 2026-04-06 1 0 MELISSA A BIRON P01399032 6032245357 2026-04-06 2024 2025-03-06 01:10:19Z SCOTT MCPHERSON 2108 RIVER ROAD MANCHESTER NH 03104 22854224 0 X WWW.DERRYFIELD.ORG X 1964 NH THE DERRYFIELD SCHOOL INSPIRES BRIGHT, MOTIVATED YOUNG PEOPLE TO BE THEIR BEST AND PROVIDES THEM WITH THE SKILLS AND EXPERIENCES NEEDED TO BE VALUED, DYNAMIC, CONFIDENT, AND PURPOSEFUL MEMBERS OF ANY COMMUNITY. 18 18 200 132 0 0 2280129 1544408 18151163 18358723 460706 988193 6467 9272 20898465 20900596 4777075 5116775 0 0 10113502 9760790 0 0 725677 5782147 6009886 20672724 20887451 225741 13145 50868578 50389091 15670837 14730936 35197741 35658155 X THE DERRYFIELD SCHOOL INSPIRES BRIGHT, MOTIVATED YOUNG PEOPLE TO BE THEIR BEST AND PROVIDES THEM WITH THE SKILLS AND EXPERIENCES NEEDED TO BE VALUED, DYNAMIC, CONFIDENT, AND PURPOSEFUL MEMBERS OF ANY COMMUNITY. 0 0 15860631 5116775 18376235 AS WE HEAD INTO THE 2025-26 SCHOOL YEAR, WE HAVE REMAINED CONSISTENT WITH ENROLLMENT AS COMPARED TO THE PRIOR YEAR. BY THE NUMBERS, 28% OF OUR POPULATION (384 STUDENTS) SELF-IDENTIFY AS PERSONS OF COLOR, AS COMPARED TO 16% IN THE STATE OF NEW HAMPSHIRE. IN ADDITION, 40% OF DERRYFIELD STUDENTS RECEIVED NEED-BASED FINANCIAL AID, INCLUDING SEVEN AMOSKEAG SCHOLARS WHO ATTEND TUITION-FREE, AND REPRESENT BRIGHT AND HIGHLY MOTIVATED STUDENTS FROM LOCAL UNDERSERVED POPULATIONS. ADDITIONALLY, DERRYFIELD ENROLLS SIX STUDENTS AS CARLSON SCHOLARS AND MALONE SCHOLARS; THESE STUDENTS QUALIFY THROUGH BOTH A FINANCIAL AND ADMISSION LENS, AND ENROLL WITH THE ASSISTANCE OF OUR ENDOWED FUNDS.THIS YEAR, OUR 60TH, WE LOOKED BACK TO CELEBRATE WHAT HAS BEEN ACCOMPLISHED, AND ALSO LOOKED FORWARD WITH OPTIMISM ABOUT WHAT LIES AHEAD FOR DERRYFIELD. A NEW STRATEGIC PLAN WAS DEVELOPED THROUGH A YEAR-LONG, COOPERATIVE EFFORT THAT ENGAGED EVERY CONSTITUENCY THROUGH FOCUS GROUPS, ONE-ON-ONE MEETINGS, AND PRESENTATIONS. THE BOARD OF TRUSTEES ADOPTED THIS NEW PLAN IN MAY. AT THE CORE OF THE PROCESS WAS A CRUCIAL BALANCE BETWEEN PRESERVING THE FUNDAMENTAL VALUES AND EFFECTIVE PRACTICES THAT DEFINE DERRYFIELD'S IDENTITY AND SUCCESS WHILE ADAPTING PROACTIVELY TO FUTURE NEEDS, CHALLENGES, AND OPPORTUNITIES.THE SCHOOL HAS STAYED TRUE TO ITS MISSION, AND STRIVES TO BE A REGIONAL AND STATE LEADER IN EDUCATIONAL EXCELLENCE AND INNOVATION. OUR STRATEGIC PLANS KEEP US FOCUSED ON BEING THOUGHT LEADERS, KEEPING OUR PEDAGOGY AND FACILITIES CURRENT AND INNOVATIVE, AND STAYING CONNECTED TO THE LOCAL AND GLOBAL COMMUNITY. AS A COLLEGE PREPARATORY SCHOOL, WE EXCEL AT DEVELOPING SKILLS AND LIFELONG HABITS THAT SET OUR ALUMNI UP FOR SUCCESS IN COLLEGE AND BEYOND. FOR THE SCHOOL YEAR ENDING JUNE 2025, 100% OF THE CLASS WAS ADMITTED TO FOUR YEAR COLLEGES AND UNIVERSITIES, 100%TO ONE OF THEIR TOP THREE CHOICES. AS A WHOLE, THE CLASS WAS OFFERED OVER $17.6 MILLION PER YEAR IN NON-NEED BASED MERIT AID FROM THESE COLLEGES AND UNIVERSITIES. ALUMNI CONTINUE TO CONNECT BACK TO DERRYFIELD, MOST NOTABLY IN THEIR EFFORTS TO PROVIDE VALUABLE COLLEGE AND CAREER ADVICE TO DERRYFIELD STUDENTS AND YOUNG ALUMNI USING DERRYFIELD CONNECT, AN ONLINE PLATFORM THAT OFFERS NETWORKING RESOURCES.IN FY25 THE DERRYFIELD SCHOOL WAS SUCCESSFUL IN COMPLETING THE FUNDRAISING CAMPAIGN FOR THE MATARESE COMMONS. THIS COMPLETES NEARLY A DECADE OF FACILITY IMPROVEMENTS AND INVESTMENTS TO ELEVATE OUR SPACES TO MATCH OUR EXCELLENT PROGRAM. THIS DECADE SAW THE ADDITION OF THE ATHLETIC & WELLNESS CENTER, SCIENCE & INNOVATION CENTER, THE BERK TENNIS COMPLEX, AND THE MATARESE COMMONS. IN ADDITION TO THE SUCCESSFUL FUNDRAISING EFFORTS FOR CAPITAL IMPROVEMENTS, WE'VE BUILT BACK OUR ANNUAL FUND, AND IN FY25 MET AND EXCEEDED OUR GOAL. THE 2024-25 SCHOOL YEAR SAW A CONTINUATION OF COLLABORATIONS WITH THE GREATER MANCHESTER COMMUNITY. VOLUNTEER STUDENTS PARTNERED WITH THE CENTER FOR NEW AMERICANS TO HELP TUTOR READING AND WRITING SKILLS TO ENGLISH LANGUAGE LEARNER STUDENTS. FOR OVER TWENTY YEARS, OUR STUDENTS HAVE WORKED WITH ATHLETES AT THE ANNUAL NH SPECIAL OLYMPICS WINTER GAMES, A THREE-DAY EVENT IN WATERVILLE VALLEY, WHICH DREW 39 STUDENT VOLUNTEERS IN 2025. EVERY OCTOBER, STUDENTS IN GRADES 6-11 PARTICIPATE IN A FULL DAY OF SERVICE. LAST FALL, THE HIGHLIGHT WAS A NEW COLLABORATION, IN WHICH STUDENTS PARTICIPATED IN A LARGE-SCALE BED-BUILDING PROJECT FOR SLEEP IN HEAVENLY PEACE. ONGOING VOLUNTEER COMMITMENTS INCLUDE DISTRIBUTION AT THE NH FOOD BANK SITE ON SATURDAY MORNINGS (NATIONAL HONOR SOCIETY), AND VOLUNTEERING AT DARBSTER ANIMAL RESCUE (FRESHMAN CLASS). FOR THE 18TH YEAR, DERRYFIELD STUDENTS PARTNERED WITH HABITAT FOR HUMANITY DURING SPRING BREAK TO BUILD HOMES ALONGSIDE CONSTRUCTION STAFF AND LOCAL VOLUNTEERS. IN ADDITION, THE DERRYFIELD SCHOOL IS COMMITTED TO SHARING OUR FACILITIES WITH LOCAL, FELLOW NON-PROFIT ORGANIZATIONS. DURING THE SUMMER OF 2024, TWO SUCH ORGANIZATIONS ONCE AGAIN UTILIZED OUR TENNIS COURTS: - CHABAD OF NH, OUR NEIGHBOR DOWN THE ROAD, CAME TO DERRYFIELD FOR FOUR WEEKS IN JULY. A DOZEN CHILDREN FROM THEIR DAY CAMP PROGRAM RECEIVED TENNIS INSTRUCTIONS FROM ONE OF THEIR COUNSELORS. - YOUTH CO-ED TENNIS, A (NOMINALLY) FREE PROGRAM OFFERED TO MANCHESTER CHILDREN, UTILIZED THE DERRYFIELD COURTS THE WEEK OF JULY 22-26 FOR THEIR HALF-DAY TENNIS PROGRAM. APPROXIMATELY 15 CHILDREN ATTENDED THE CAMP.DERRYFIELD ALSO PROVIDES A BUS EACH YEAR TO THE HOOKSETT KIWANIS CLUB FOR THEIR SEPTEMBER ROAD RACE EVENT. DERRYFIELD'S AIM TO INSPIRE BRIGHT, MOTIVATED STUDENTS TO BE THEIR BEST AND TO BECOME LEADERS FOR THE COMMON GOOD GIVES PURPOSE TO OUR COLLEAGUES, OUR STUDENTS, OUR FAMILIES, AND ALL OUR VOLUNTEERS. WE LOOK FORWARD TO ANOTHER STELLAR YEAR. 618420 THE DERRYFIELD SCHOOL HAS HOSTED BREAKTHROUGH MANCHESTER ON CAMPUS FOR THE PAST 34 YEARS. EVERYONE IS A TEACHER AND A LEARNER AT BREAKTHROUGH! WITH THREE AND A HALF DECADES OF A UNIQUE, PROVEN STUDENTS-TEACHING-STUDENTS DUAL MISSION, BREAKTHROUGH MANCHESTER IS A LEADER IN EDUCATIONAL EQUITY AND ACCESS. BREAKTHROUGH NARROWS THE OPPORTUNITY GAP BY PROVIDING EDUCATIONAL EXPERIENCES THAT EMPOWER SCHOLARS TRADITIONALLY UNDERREPRESENTED ON COLLEGE CAMPUSES TO ACHIEVE POST-SECONDARY SUCCESS. BREAKTHROUGH ALSO TRAINS ASPIRING HIGH SCHOOL AND COLLEGE-AGED LEADERS AS FUTURE EDUCATORS, THEREBY STRENGTHENING AND DIVERSIFYING THE TEACHER PIPELINE. THE SIX-WEEK SUMMER PROGRAM FOR MANCHESTER MIDDLE SCHOOL SCHOLARS IS THE FOUNDATION OF BREAKTHROUGH'S SIX-YEAR COLLEGE ACCESS PROGRAM, FOCUSING ON RIGOROUS ACADEMIC ENRICHMENT COMBINED WITH SUMMER CAMP FUN. MANCHESTER STUDENTS INCLUDE: 68% WILL BE FIRST-GENERATION COLLEGE GRADUATES 90% IDENTIFY AS STUDENTS OF COLOR 64% QUALIFY FOR FREE/REDUCED LUNCH 32% LIVE WITH AN ALTERNATIVE HEAD OF HOUSEHOLD (SINGLE PARENT, RELATIVE, FOSTER) 84% SPEAK A LANGUAGE OTHER THAN ENGLISH AT HOMETHE SUMMER FILLS IN GAPS FROM THE PREVIOUS SCHOOL YEAR AND EQUIPS MIDDLE SCHOOL SCHOLARS WITH SKILLS FOR SUCCESS IN THE YEAR AHEAD. COLLEGE-AGED TEACHING FELLOWS MENTOR MIDDLE SCHOOLERS, ADDING CREATIVE TWISTS IN MATH, SCIENCE, LITERATURE, AND WRITING. AFTER CORE CLASSES EACH MORNING, THERE ARE EXTRACURRICULAR ACTIVITIES, SUCH AS CHINESE, MUSIC, SPORTS, AND MYTHOLOGY, FOLLOWED BY COMMUNITY-BUILDING ACTIVITIES. DURING THE 7TH AND 8TH-GRADE SCHOOL YEARS, SCHOLARS PARTICIPATE IN SUPER SATURDAYS. HIGH SCHOOL JUNIORS AND SENIORS SERVE AS TEACHERS AND MENTORS, AND COMPLEMENT THE SUMMER AND SCHOOL LEARNING WITH ADDITIONAL ACADEMIC EXPLORATIONS. IN HIGH SCHOOL, SCHOLARS PARTICIPATE IN BREAKTHROUGH COLLEGE-BOUND, HOSTED AT SOUTHERN NEW HAMPSHIRE UNIVERSITY, WITH A FOCUS ON COLLEGE ADMISSION, INCLUDING CAMPUS VISITS, APPLICATION TIPS, FINANCIAL AID WORKSHOPS, WRITING A COLLEGE ESSAY, AND MORE. BREAKTHROUGH SCHOLAR OUTCOMES:BREAKTHROUGH STUDENTS MADE SIGNIFICANT STRIDES IN LEARNING. EIGHTY PERCENT (80%) OF STUDENTS GREW OR MAINTAINED THEIR READING SKILLS, AND 74% OF STUDENTS MAINTAINED OR IMPROVED THEIR MATH SKILLS LAST SUMMER; A REMARKABLE ACHIEVEMENT GIVEN THAT NATIONALLY, MOST STUDENTS LOSE TWO MONTHS OF MATH SKILLS OVER THE SUMMER, AND THOSE WITH FEWER RESOURCES OFTEN LOSE THREE. A SCHOOL COUNSELOR FROM A LOCAL MANCHESTER HIGH SCHOOL SHARED, "WE HAVE SOMETIMES FOUND THAT INCOMING FRESHMEN WHO HAVE PARTICIPATED IN BREAKTHROUGH MAKE TREMENDOUS GAINS OVER THE SUMMER, AND OUR ORIGINAL ACADEMIC PLACEMENT FOR THEM IS NO LONGER THE RIGHT FIT". AFTER BREAKTHROUGH'S MIDDLE SCHOOL PROGRAM, 100% OF OUR STUDENTS ENROLL IN BREAKTHROUGH COLLEGE-BOUND AT SOUTHERN NEW HAMPSHIRE UNIVERSITY, AND 100% OF BREAKTHROUGH ALUMNI PURSUE HIGHER EDUCATION, WITH 98% ATTENDING 4-YEAR COLLEGES. BREAKTHROUGH ALUMNI ARE PERSISTING AT HIGHER RATES THAN COMPARISON GROUPS AND GRADUATING FROM COLLEGE, BUT THEY ALSO EXCEED THE NATIONAL COLLEGE GRADUATION AVERAGE FOR ALL STUDENTS. THERE ARE MANY STORIES OF BREAKTHROUGH STUDENTS, NOW COLLEGE GRADUATES, PURSUING THEIR PASSIONS IN THE WORKFORCE AS ENGINEERS, LAWYERS, DOCTORS, EDUCATORS, AND MORE. TEACHING FELLOW OUTCOMES:OVER THE PAST THREE SUMMERS, 78% OF OUR TEACHING FELLOWS (14 OF THE 18 WHO HAVE GRADUATED FROM COLLEGE) LAUNCHED CAREERS IN EDUCATION. MANY COMMIT TO TEACHING STUDENTS FROM UNDERREPRESENTED COMMUNITIES, WHERE COMPASSIONATE TEACHERS ARE NEEDED THE MOST. IN FACT, AT THE END OF THIS SUMMER, A TEACHING FELLOW SHARED, "BREAKTHROUGH HAS TRULY CHANGED MY PERSPECTIVE ON MY LIFE SO MUCH THAT I AM NOW CONSIDERING A CAREER IN THE POLITICAL SCIENCE OR INTERNATIONAL RELATIONS FIELD BECAUSE I AM INTERESTED IN SOCIAL JUSTICE. I TRULY FELT LIKE I WAS A PART OF A GREAT MOVEMENT LAST SUMMER, AND THAT MY DAILY EFFORTS AS A TEACHER WERE FURTHERING MY STUDENTS' ACCESS TO EDUCATIONAL RESOURCES." SCHOOL YEAR:TO KEEP OUR SCHOLARS ENGAGED AND CONTINUE TO SUPPORT THEIR EDUCATIONAL PATHWAYS, BREAKTHROUGH PROVIDES A SCHOOL-YEAR PROGRAM WITH FIVE SUPER SATURDAYS. PARTNERING WITH DERRYFIELD AND OTHER LOCAL HIGH SCHOOLS, WE RECRUITED 15 HIGH SCHOOL JUNIORS AND SENIORS TO SERVE AS TEACHERS AND MENTORS FOR OUR 56 MIDDLE SCHOOL STUDENTS. THE THEMES FOR THE SATURDAYS INCLUDED: PERSONAL PASSIONS, MATH AROUND THE WORLD, "TIME TRAVEL, HISTORY, AND GEOGRAPHY", AND FAVORITE BOOKS AND AUTHORS. OUR FINAL SATURDAY WAS A COLLABORATION WITH DERRYFIELD'S MODEL UN. BREAKTHROUGH SCHOLARS EMBRACED THEIR ROLES AS UNITED NATIONS DELEGATES REPRESENTING THE PEOPLE'S REPUBLIC OF CHINA, FEDERAL REPUBLIC OF GERMANY, JAPAN, THE RUSSIAN FEDERATION, AND THE UNITED STATES OF AMERICA. THE TOPIC, CHOSEN DUE TO STUDENTS' CONCERN, WAS MINIMIZING THE IMPACT OF SINGLE-USE PLASTICS. IT WAS INSPIRING TO SEE OUR STUDENTS TACKLE FINDING SOLUTIONS FROM THEIR COUNTRY'S PERSPECTIVE TO NEGOTIATE AND COME TO A CONSENSUS ON PROPOSED RESOLUTIONS. SOME OF THE DEBATES AND NEGOTIATIONS GOT QUITE ANIMATED ALONG THE WAY! SCHOLARS AND TEACHING INTERNS WERE TRULY ENGAGED IN THE PROCESS- IT WAS A WONDERFUL WAY TO WRAP UP BREAKTHROUGH'S SUPER SATURDAY SCHOOL YEAR PROGRAM! FINANCIAL SUSTAINABILITY:BREAKTHROUGH EXCEEDED ITS FUNDRAISING GOAL BY APPROXIMATELY $16,000, IN FY25. THIS IS DUE IN PART TO A HIGHLY SUCCESSFUL EVENT, "ARE YOU SMARTER THAN A BREAKTHROUGH STUDENT?" WHICH RAISED OVER $70,000, COMPARED TO $50,000 THE PREVIOUS YEAR.AT A TIME OF WIDENING OPPORTUNITY GAPS AND A TEACHER SHORTAGE CRISIS, BREAKTHROUGH'S WORK TO INSPIRE STUDENTS AND CULTIVATE FUTURE EDUCATORS IS MORE CRITICAL THAN EVER. WE ARE GRATEFUL FOR THE GENEROSITY OF MANY FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS IN OUR COMMUNITY WHO MAKE BREAKTHROUGH HAPPEN - ESPECIALLY THE DERRYFIELD SCHOOL FOR ITS GENEROUS IN-KIND SUPPORT. 16479051 1 1 0 0 0 0 1 0 0 1 1 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 1 110 0 1 200 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NH X X LYNNE WAGNER 6036694524 2108 RIVER ROAD MANCHESTER NH 03104 ANDREW CHAPPELL HEAD OF SCHOOL/TRUSTEE 40.00 X X 353115 0 32743 DR CECELIA CLEMANS TRUSTEE - PHILANTHROPY CHAIR 4.00 X 0 0 0 RICHARD CRITZ JR TRUSTEE 2.00 X 0 0 0 SHEILA DEWITT TRUSTEE - GOVERNANCE CHAIR 4.00 X 0 0 0 LISA DRAKE TRUSTEE 2.00 X 0 0 0 SALLY GREEN SECRETARY AND AUDIT CHAIR 4.00 X X 0 0 0 BOB GRUNBECK TRUSTEE - FACILITIES CHAIR 4.00 X 0 0 0 LAUREN HINES TRUSTEE - VICE CHAIR 4.00 X X 0 0 0 BILL KELSEY TRUSTEE 2.00 X 0 0 0 LIZ LARSON TRUSTEE 2.00 X 0 0 0 KELLY LEWIS TRUSTEE 2.00 X 0 0 0 DR SAL MALIK TRUSTEE 2.00 X 0 0 0 BRENT POWELL TRUSTEE 2.00 X 0 0 0 SUSAN RAND KING TRUSTEE - BOARD CHAIR 8.00 X X 0 0 0 JOEL ROZEN TRUSTEE 2.00 X 0 0 0 STEVE SIDERIS TRUSTEE 2.00 X 0 0 0 SAURABH ULLAL TRUSTEE 2.00 X 0 0 0 NEAL WINNEG TRUSTEE - TREASURER/FINANC 4.00 X X 0 0 0 DR KAREN WU TRUSTEE 2.00 X 0 0 0 SCOTT MCPHERSON CHIEF FINANCE AND OPERATIO 40.00 X 193818 0 15777 FRANK BRANDT ASSISTANT HEAD OF ACADEMIC 40.00 X 121283 0 30460 KATHLEEN RUTTY FEY ASSISTANT HEAD FOR EXTERNA 40.00 X 120433 0 30228 MARK BLAISDELL HEAD OF MIDDLE SCHOOL 40.00 X 117301 0 24352 ANNA MOSKOV DIRECTOR OF PHILANTHROPY A 40.00 X 106517 0 25982 1012467 0 159542 6 0 1 0 0 79219 48353 1416836 115228 1544408 TUITION AND FEES 611110 17037789 17037789 AUXILIARY OPERATIONS 611110 1320934 1320934 18358723 501072 501072 2430664 1943543 487121 487121 487121 1845 79219 10085 -8240 -8240 FEES AND OTHER INCOME 611110 17512 17512 17512 20900596 18376235 0 979953 X 5116775 5116775 616817 616817 7296096 5592689 1318574 384833 406668 293576 88728 24364 885216 644516 159761 80939 555993 400255 128020 27718 15710 75 15635 91787 91787 95578 72841 20218 2519 1106987 935797 168764 2426 48075 2756 45319 50121 14198 26871 9052 671468 465037 172839 33592 44946 20054 23612 1280 29632 23536 5696 400 424578 424578 1577650 1163183 325334 89133 191669 111483 76993 3193 STUDENT AWARDS AND PART 479590 477457 2133 COPYRIGHT LICENSING FEE 262070 62935 181078 18057 SUPPLIES 233041 175211 38872 18958 RENTALS 213671 197985 10989 4697 473313 284114 164683 24516 20887451 16479051 3682723 725677 1832147 1839284 34083 56890 489602 278545 207173 123986 337752 323474 44790440 14946406 30987522 29844034 16854208 17830319 30176 18106 95915 74453 50868578 50389091 1284123 1016666 1977544 1680472 5116251 4995182 6269024 6038691 416250 371250 607645 628675 15670837 14730936 X 22289826 22275650 12907915 13382505 35197741 35658155 50868578 50389091 X 13145 450788 -3519 X 0 1 X 1 0 X 3652633 2311414 4282108 2280129 1496055 14022339 3652633 2311414 4282108 2280129 1496055 14022339 2748466 11273873 200905 279763 461691 397071 506259 1845689 15868028 87250927 0.71050 0.88370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 6.21 1 1 15.00 641 13513021 62604 1172714 573783 72485 14102071 11461751 1009113 1608631 498737 67737 13513021 10180051 888036 908909 453369 61876 11461751 11660224 101824 -1218319 297299 66379 10180051 9458194 365461 2219203 318361 64273 11660224 0.07180 0.51490 0.41330 0 0 1240229 1240229 35347383 10838498 24508885 4186418 2406551 1779867 4016410 1701357 2315053 29844034 DEFERRED COMPENSATION 56890 GIFT ANNUITIES PAYABLE 54700 INTEREST RATE SWAP IN LOSS POSITION 293774 LEASE LIABILITIES 24999 REFUNDABLE ADVANCE 198312 628675 X 16127583 450788 -5141183 -4690395 20817978 92703 -10085 82618 20900596 15697510 -10804 -10804 15708314 92703 5086434 5179137 20887451 PART II, LINE 9: THE VALUE IS ACCOUNTED FOR AS A PART OF LAND IN THE SCHOOL'S FIXED ASSETS. PART V, LINE 4: DERRYFIELD'S ENDOWMENT IS AN INVESTMENT PORTFOLIO WITH THE INITIAL CAPITAL DERIVING FROM DONATIONS AND BOARD OF TRUSTEES ALLOCATIONS. INVESTMENT APPRECIATION IS TAKEN ANNUALLY AT AN APPROVED BOARD PERCENT. RELIABLE LONG-TERM SUPPORT FROM DERRYFIELD'S ENDOWMENT ENABLES THE SCHOOL TO INCREASE STUDENT AID, MAKE COMMITMENTS TO FACULTY, INITIATE PIONEERING RESEARCH, DEVELOP STRONGER TEACHING PROGRAMS, INVEST IN NEW TECHNOLOGIES, AND MAINTAIN OUR LIBRARIES, SCIENCE LABS, AND OTHER PHYSICAL ASSETS. PART X, LINE 2: THE SCHOOL HAS ADOPTED THE PROVISIONS OF FASB ASC 740, ENTITLED "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". ACCORDINGLY, MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THE SCHOOL HAS MAINTAINED ITS TAX-EXEMPT STATUS, DOES NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION REPORTED PER AUDITED FINANCIAL STATEMENTS IS NET OF FINANCIAL AID -5,116,775. CHANGE IN VALUE OF INTEREST RATE SWAP -24,408. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING REVENUE REPORTED PER 990 IS NET OF FUNDRAISING EXPENSES -10,085. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING REVENUE REPORTED PER 990 IS NET OF FUNDRAISING EXPENSES 10,085. CHANGE IN PRESENT VALUE OF PLANNED GIFTS -20,889. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REPORTED PER AUDITED FINANCIAL STATEMENTS IS NET OF FINANCIAL AID 5,116,775. OTHER EXPENSES -30,341. 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 SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH ADMISSION VIEWBOOK, ITS WEBSITE, AND PERSONAL COMMUNICATIONS. BREAKTHROUGH MANCHESTER 81064 79219 1845 6108 3977 81064 79219 1845 6108 3977 10085 -8240 1 FINANCIAL AID AND SCHOLARSHIPS TO STUDENTS 124 4490075 FMV TUITION REDUCTION TUITION REMISSION 18 349200 FMV TUITION REDUCTION FOUNDER'S SCHOLAR AWARDS 33 197500 FMV TUITION REDUCTION CORE VALUES SCHOLAR AWARDS 4 80000 FMV TUITION REDUCTION PART I, LINE 2: SCHOLARSHIPS AND FINANCIAL AID PROVIDE ASSISTANCE TO STUDENTS WHO COULD NOT OTHERWISE AFFORD TO ATTEND THE SCHOOL. STUDENTS WHO RECEIVE MERIT-BASED SCHOLARSHIPS, NEED-BASED SCHOLARSHIPS, AND FINANCIAL AID ARE OFFERED AS A TUITION REDUCTION ONLY. CREDITS ARE NON-CASH AND ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS AT THE SCHOOL. THE SCHOOL AWARDS FINANCIAL AID BASED UPON FINANCIAL NEED IN AN OBJECTIVE AND NON-DISCRIMINATORY MANNER. THE SCHOOL MAINTAINS FILES ON EACH SUCCESSFUL CANDIDATE FOR NEED-BASED FINANCIAL AID. THE FILE INCLUDES A COMPLETED "PARENT FINANCIAL STATEMENT" (PFS) PROVIDED BY CLARITY, THE SCHOOL'S FINANCIAL AID APPLICATION AND COPIES OF THE MOST RECENT FILINGS OF THE PARENT'S 1040 FEDERAL TAX RETURN. THE SCHOOL USES THE INFORMATION PROVIDED BY THE ANALYSIS OF THE PFS BY CLARITY TO HELP MAKE AWARD DETERMINATIONS. AWARDS ARE ALSO ADJUSTED, AS NECESSARY, TO REFLECT SUPPLEMENTAL INFORMATION PROVIDED BY THE PARENTS. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 ANDREW CHAPPELL HEAD OF SCHOOL/TRUSTEE 353115 0 0 0 0 0 30643 0 2100 0 385858 0 0 0 SCOTT MCPHERSON CHIEF FINANCE AND OPERATIO 193818 0 0 0 0 0 14708 0 1069 0 209595 0 0 0 FRANK BRANDT ASSISTANT HEAD OF ACADEMIC 121283 0 0 0 0 0 13237 0 17223 0 151743 0 0 0 KATHLEEN RUTTY FEY ASSISTANT HEAD FOR EXTERNA 120433 0 0 0 0 0 13238 0 16990 0 150661 0 0 0 PART I, LINE 1B IT IS THE POLICY OF THE SCHOOL TO REIMBURSE STAFF FOR REASONABLE AND NECESSARY EXPENSES INCURRED IN CONNECTION WITH APPROVED TRAVEL AND EXPENSES ON BEHALF OF THE SCHOOL. THERE IS NO WRITTEN FORMAL POLICY REGARDING EXPENSES AND REIMBURSEMENTS. REIMBURSEMENT FOR EXPENSES FOLLOW IRS GUIDELINES FOR AN ACCOUNTABLE PLAN; PAID FOR INCURRED EXPENSES, ACCOUNT FOR EXPENSES INCURRED, RETURN EXCESS REIMBURSEMENT, ALL WITHIN A REASONABLE TIME PERIOD. A NH HEALTH & ED FACILITIES AUTHORITY 020279866 644614VK2 2017-12-01 5943000 PROCEEDS USED TO CURRENTLY REFUND PRIOR ISSUE. 0 0 0 A 5943000 2011 1 1 0 0 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 RBS CITIZENS NATIONAL 31.000000000000 0 0 0 0 0 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NH HEALTH & ED FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/24/2022 X 1044 X 9 93616 FMV X 1 1747 X SMALLWARES 1 18821 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE DERRYFIELD SCHOOL'S AUDIT COMMITTEE CONDUCTS A REVIEW OF COMPLIANCE AND FINANCIAL INFORMATION OF THE 990 BEFORE IT IS FILED. IN ADDITION, THE 990 IS MADE AVAILABLE FOR EVERY VOTING BOARD MEMBER BY PLACING THE DOCUMENT ON THE TRUSTEE WEBSITE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH ACADEMIC YEAR AT THE FIRST BOARD MEETING, THE BOARD IS PRESENTED WITH A QUESTIONNAIRE ON CONFLICTS OF INTEREST. THE CHAIR AND VICE CHAIR OF THE GOVERNANCE COMMITTEE IN CONSULTATION WITH THE DERRYFIELD CFO, REVIEW THE CONFLICT OF INTEREST FORMS AND DETERMINE WHETHER OR NOT THERE IS ANY POTENTIAL CONFLICT OF INTEREST. CONFLICTED PARTIES ARE UNABLE TO VOTE IN THIS PROCESS. CONNECTIONS TO THE SCHOOL ARE CONSIDERED UPON 'HIRING' NEW TRUSTEES. NEW TRUSTEES ARE PROVIDED WITH A COPY OF THE SCHOOL'S CONFLICT OF INTEREST POLICY AS A PART OF ORIENTATION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF TOP OFFICIALS AND OFFICERS IS REVIEWED AGAINST THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) BENCHMARKS UPON HIRING, THEN PERIODICALLY EVERY FEW YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS ARE NOT MADE PUBLIC, BUT ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 9,050. MANAGEMENT AND GENERAL EXPENSES 88,997. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98,047. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 926,747. MANAGEMENT AND GENERAL EXPENSES 79,767. FUNDRAISING EXPENSES 2,426. TOTAL EXPENSES 1,008,940. FORM 990, PART IX, LINE 24E CATERING AND MEALS: PROGRAM SERVICE EXPENSES 116,649. MANAGEMENT AND GENERAL EXPENSES 35,067. FUNDRAISING EXPENSES 13,194. TOTAL EXPENSES 164,910. VEHICLES, GAS AND REGISTRATION: PROGRAM SERVICE EXPENSES 68,176. MANAGEMENT AND GENERAL EXPENSES 3,979. FUNDRAISING EXPENSES 1,082. TOTAL EXPENSES 73,237. INSTITUTIONAL MEMBERSHIPS: PROGRAM SERVICE EXPENSES 16,519. MANAGEMENT AND GENERAL EXPENSES 47,148. FUNDRAISING EXPENSES 51. TOTAL EXPENSES 63,718. FURNITURE AND EQUIPMENT: PROGRAM SERVICE EXPENSES 32,538. MANAGEMENT AND GENERAL EXPENSES 10,470. FUNDRAISING EXPENSES 467. TOTAL EXPENSES 43,475. STUDENT BILLING EXPENSE: PROGRAM SERVICE EXPENSES 37,369. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,369. BANK AND BOND FEES: PROGRAM SERVICE EXPENSES 10,495. MANAGEMENT AND GENERAL EXPENSES 19,500. FUNDRAISING EXPENSES 6,953. TOTAL EXPENSES 36,948. LEASES: PROGRAM SERVICE EXPENSES 7,158. MANAGEMENT AND GENERAL EXPENSES 29,359. FUNDRAISING EXPENSES 196. TOTAL EXPENSES 36,713. EMPLOYEE RECRUITMENT: PROGRAM SERVICE EXPENSES 6,016. MANAGEMENT AND GENERAL EXPENSES 27,056. FUNDRAISING EXPENSES 27. TOTAL EXPENSES 33,099. SUBSCRIPTIONS AND DUES: PROGRAM SERVICE EXPENSES 9,981. MANAGEMENT AND GENERAL EXPENSES 671. FUNDRAISING EXPENSES 2,319. TOTAL EXPENSES 12,971. DESIGN AND PRODUCTION: PROGRAM SERVICE EXPENSES 6,041. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,041. TUITION REIMBURSEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,300. SAFETY AND SECURITY: PROGRAM SERVICE EXPENSES 2,993. MANAGEMENT AND GENERAL EXPENSES 836. FUNDRAISING EXPENSES 227. TOTAL EXPENSES 4,056. TESTING: PROGRAM SERVICE EXPENSES 520. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 520. BAD DEBT AND ALLOWANCE ADJUSTMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -13,703. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -13,703. OTHER EXPENSES: PROGRAM SERVICE EXPENSES -30,341. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -30,341. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF PLANNED GIFTS 20,889. CHANGE IN VALUE OF INTEREST RATE SWAP -24,408.