2026-02-06T08:26:45-06:00 2025-06-30 061438606 ZACKIN ZIMYESKI SULLIVAN CPA LLC 333 CHURCH STREET NAUGATUCK CT 06770 990 2024-07-01 060726595 MARVELWOOD SCHOOL INC MARV 8609270047 476 SKIFF MOUNTAIN ROAD KENT CT 06757 DAVID FIORILLO CHIEF FINANCIAL OFFICER 8609270047 2026-01-29 1 1 KEITH F SULLIVAN P00372938 2037532200 2026-01-28 2024 2025-03-06 01:10:19Z DAVID FIORILLO 476 SKIFF MOUNTAIN ROAD KENT CT 06757 15597878 0 X WWW.MARVELWOOD.ORG X 1956 CT MARVELWOOD IS A BOARDING SCHOOL PROVIDING COLLEGE-PREPARATORY EDUCATION TO APPOX. 100 STUDENTS. 16 16 65 0 0 0 2755414 1628171 8360912 8119833 285796 430380 7826 7769 11409948 10186153 1328600 1399591 0 0 3783367 4241218 0 0 322492 4933369 4676187 10045336 10316996 1364612 -130843 19126680 19486539 7871777 7707858 11254903 11778681 X MARVELWOOD'S MISSION IS TO PROVIDE THE PATH THAT LEADS TO PERSONAL GROWTH AND ACADEMIC SUCCESS FOR YOUNG PEOPLE WILLING TO GET INVOLVED IN THEIR OWN EDUCATION AND COMMITTED TO THE CHALLENGE OF PREPARING FOR COLLEGE. 0 0 8380964 1399591 8557982 MARVELWOOD PROVIDE SECONDARY SCHOOL EDUCATION TO APPROXIMATELY 100, PRIMARILY BOARDING, STUDENTS. NONACADEMIC PROGRAMS INCLUDE WEEKLY COMMUNITY SERVICE, VISUAL AND PERFORMING ARTS ELECTIVES AND INTERSCHOLASTIC AND NONCOMPETITIVE SPORTS. THE SCHOOL PROVIDES A STRUCTURED, SUPPORTIVE AND CHALLENGING ENVIRONMENT FOR COLLEGE PREPARATORY EDUCATION. 8380964 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 57 0 65 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 0 0 CT X MARVELWOOD SCHOOL 8609275316 476 SKIFF MT RD KENT CT 067573001 TIMOTHY K CARPENTER CHAIR 2.00 X X 0 0 0 MARK ESPOSITO BOARD MEMBER 2.00 X 0 0 0 FRANK MOORE TREASURER, FINANCE CHAIR 2.00 X X 0 0 0 MARSHALL H HEAVEN SECRETARY 2.00 X X 0 0 0 GEORGE BARD BOARD MEMBER 2.00 X 0 0 0 RICHARD L HODDESON BOARD MEMBER 2.00 X 0 0 0 ROBERT H BAYNE III BOARD MEMBER 2.00 X 0 0 0 PETER B SOMMERFIELD BOARD MEMBER 2.00 X 0 0 0 JEFF BECK BOARD MEMBER 2.00 X 0 0 0 AMY B STAUB BOARD MEMBER 2.00 X 0 0 0 STEVEN CORNELL BOARD MEMBER 2.00 X 0 0 0 PAUL D KELLER III INTERIM VICE CHAIR 2.00 X X 0 0 0 BLYTHE EVERETT HEAD OF THE SCHOOL 40.00 X 190409 0 0 DAVID FIORILLO CHIEF FINANCIAL OFFICER 40.00 X 216859 0 0 407268 0 0 2 0 1 0 GREENWOOD COUNSELING REFERRALS INC 25 SOUTH ST LITCHFIELD CT 06759 STUDENT COUNSELING SERVICES 220330 PREFERRED MAINTENANCE LLC 40 SOUTH END PLAZA NEW MILFORD CT 06776 HOUSEKEEPING 155467 TWIN LAKES CONSULTING 85 TWIN LAKES ROAD SALISBURY CT 06068 CONSULTING 140515 3 1628171 10387 1628171 TUITION & FEES 900099 8119833 8119833 8119833 5842105 5409402 2323 432703 -2323 430380 430380 OTHER INCOME 900099 7769 7769 7769 10186153 8557982 0 0 1399591 1399591 3377105 2380989 817722 178394 864113 719735 109954 34424 360956 250103 110853 20636 20636 43698 43698 124874 112457 12417 333013 263964 57193 11856 1151876 1052912 79292 19672 142889 77750 57824 7315 106201 31810 51246 23145 200135 199659 381 95 732599 659339 58608 14652 309621 291044 14862 3715 FOOD AND KITCHEN SERVIC 824534 742124 65928 16482 STUDENT ACTIVITIES 299498 299498 BAD DEBT EXPENSE 438 438 25219 12446 12448 325 10316996 8380964 1613540 322492 2718839 1938642 104906 108925 140521 192662 17676245 11724556 6507703 5951689 9137337 10773455 517374 521166 19126680 19486539 349722 378180 2504514 2380316 4841084 4790782 176457 158580 7871777 7707858 X 1707589 1248294 9547314 10530387 11254903 11778681 19126680 19486539 -130843 654621 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9340922 1040105 1021013 -225000 11627040 6803314 2094153 732455 -289000 9340922 5492553 1194042 306599 -189880 6803314 6276319 -783766 5492553 4367620 950000 958699 6276319 0 0 810000 810000 14762341 9788451 4973890 2103904 1936105 167799 5951689 STUDENT MISC. ACCOUNTS-CREDITS 147961 RESERVE FOR OTHER LIABILITIES 5000 EMPLOYEE BENEFITS 5619 158580 X 9441183 654621 654621 8786562 1399591 1399591 10186153 8917405 0 8917405 1399591 1399591 10316996 PART V, LINE 4: MARVELWOOD HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSESTS THAT ARE INTENDED TO PROVIDE A 4-5% RETURN TO OPERATIONS OF THE SCHOOL. PORTIONS OF ENDOWMENT EARNINGS ARE RESTRICTED FOR FACULTY SALARIES, SCHOLARSHIPS, STUDENT RECREATION & SUPPORT. THE REMAINDER IS AVAILABLE FOR GENERAL OPERATIONS OF THE SCHOOL. PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITY. THE SCHOOL HAS DETERMINED THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO OR DISCLOSURES IN THE FINANCIAL STATEMENTS. TAX RETURNS FILED FOR YEARS ENDING JUNE 30, 2017 AND LATER ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE GOVERNMENT TAX AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AND FINANCIAL AID PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE REMAINDER RECEIVABLE PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AND FINANCIAL AID 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'S WEBSITE HAS THE FOLLOWING STATEMENT DISPLAYED IN A CLEAR AND NOTICEABLE MANNER AT ALL TIMES THROUGHOUT THE FISCAL YEAR: MARVELWOOD SCHOOL DOES NOT DISCRIMINATE AGAINST STUDENTS ON THE BASIS OF RACE, COLOR, RELIGIOUS CREED, GENDER, SEXUAL ORIENTATION, NATIONAL ORGIN, ANCESTRY OR DISABILITY. THIS POLICY APPLIES TO, BUT NOT LIMITED TO, ADMISSION, FINANCIAL AID, USE OF SCHOOL FACILITIES AND PARTICIPATION IN SCHOOL ACTIVITIES. 1 FINANCIAL AID TO STUDENTS ATTENDING MARVELWOOD SCHOOL 1399591 FAIR MARKET VALUE DOLLAR FOR DOLLAR REDUCTION OF TUTION AND FEES PART I, LINE 2: MARVELWOOD SCHOOL AWARDS FINANCIAL AID BASED ON FINANCIAL NEED. THE SCHOOL USES AN OBJECTIVE METHODOLOGY PROVIDED BY AN INDEPENDENT SERVICE FOR CALCULATING A FAMILY'S ABILITY TO CONTRIBUTE TO EDUCATION EXPENSES. FINANCIAL AID IS AWARDED ANNUALLY FOR ONE YEAR, THERFORE, FINANCIAL AID REQUESTS MUST BE MADE EACH YEAR. FINANCIAL AID IS A DOLLAR FOR DOLLAR REDUCTION IN TUITION; NO CASH IS DISTRIBUTED. THERFORE, IT IS NOT NECESSARY FOR THE SCHOOL TO MONITOR THE AWARD TO ENSURE PROPER USE. X 0 0 X X X 0 0 0 0 0 0 0 0 0 DAVID FIORILLO CHIEF FINANCIAL OFFICER 191859 0 25000 0 0 0 0 0 0 0 216859 0 0 0 BLYTHE EVERETT HEAD OF THE SCHOOL 175409 0 15000 0 0 0 0 0 0 0 190409 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS PROVIDED HOUSING ON CAMPUS FOR THE CONVENIENCE OF MARVELWOOD SCHOOL, INC. PART I, LINE 3 THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE HEADMASTER AND THE CHIEF FINANCIAL OFFICER. THE BOARD OF DIRECTORS CONSIDERS THE COMPENSATION AT OTHER AREA SCHOOLS BY REFERENCE TO THEIR FORM 990S AND OTHER INFORMATION. A STATE OF CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2017-12-18 6328000 REFINANCE DEBT AND BUILDING RENOVATION 0 0 0 A 6328000 126560 2000976 4200464 2018 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 1 0 0 0 1 A 1 FORM 990, LINE 1 THE SCHOOL IS AN OPTIMISTIC PLACE THAT PROVIDES A STRUCTURED, SUPPORTIVIE AND CHALLENGING ENVIRONMENT, CELEBRATES DIVERSITY, AND AWAKENS UNTAPPED POTENTIAL. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S POLICY IS TO HAVE FORM 990 REVIEWED BY THE CHIEF FINANCIAL OFFICER PRIOR TO FILING WITH THE IRS. THE CHIEF FINANCIAL OFFICER DISCUSSES THE DOCUMENT IN DETAIL WITH THE CPA PREPARER, WHO MAKES CHANGES PURSUANT TO THAT REVIEWED & DISCUSSION AND FINALIZES THE FILING COPY. FORM 990, PART VI, SECTION B, LINE 15A PERFORMANCE OF THE ORGANIZATION'S CEO/HEAD OF SCHOOL IS EVALUATED ANNUALLY BY THE BOARD PRESIDENT AND AT LEAST TWO MEMBERS OF THE EXECUTIVE COMMITEE. BASE COMPENSATION IS PAID ACCORDING A CONTRACT. INCREASE IN THE BASE SALARY AMOUNT ARE CONSIDERED AND DETERMINED ANNUALLY BY THE BOARD BASED ON A PERFORMANCE REVIEW, THE SCHOOL'S FINANCES AND OTHER RELEVANT FACTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.