2024-05-15T09:56:13-05:00 2023-06-30 231144520 TAIT WELLER & BAKER LLP TWO LIBERTY PL 50 S 16TH ST STE 2900 PHILADELPHIA PA 191022529 990 2022-07-01 231352647 THE HILL SCHOOL HILL 6103261000 860 BEECH STREET POTTSTOWN PA 19464 KATHLEEN DEVANEY HEAD OF SCHOOL 6103261000 2024-05-15 1 KATHLEEN DEVANEY 999009999 0 HARRISON PEREIRA P00746867 2159798800 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATHLEEN DEVANEY 860 BEECH STREET POTTSTOWN PA 19464 94903306 0 X WWW.THEHILL.ORG X 1920 PA SECONDARY BOARDING/DAY EDUCATIONAL INSTITUTION 24 24 374 85 783267 73553 15722733 18098640 33710925 35364816 13316668 6540947 212009 195148 62962335 60199551 6898993 6876669 0 0 20983724 23126089 24000 26895 3674322 23680508 24955270 51587225 54984923 11375110 5214628 320010649 332927756 53565584 55015074 266445065 277912682 X THE HILL SCHOOL PREPARES STUDENTS FROM ACROSS THE COUNTRY AND AROUND THE WORLD FOR COLLEGE, CAREERS AND LIFE. WITHIN A FAMILY SCHOOL ENVIRONMENT AND A RIGOROUS LIBERAL ARTS CURRICULUM, WE CHALLENGE OUR YOUNG PEOPLE TO WORK HARD; THINK AND REASON; BE FULFILLED; SERVE THE COMMON GOOD; AND BE PREPARED TO LEAD AS CITIZENS OF THE WORLD, UNIQUELY GUIDED BY OUR MOTTO, "WHATSOEVER THINGS ARE TRUE." 0 0 38525733 6876669 35335115 THE HILL SCHOOL PROVIDES A CHALLENGING CURRICULUM TO ITS 545 STUDENTS EMPHASIZING CRITICAL THINKING AND WRITING. A TOTAL OF 27 ADVANCED PLACEMENT COURSES WERE OFFERED AS WELL AS AN ARRAY OF HONORS CLASSES AND INDEPENDENT STUDIES. HILL STUDENTS ARE ACTIVE IN ATHLETICS, THE ARTS, STUDENT-RUN ORGANIZATIONS AND COMMUNITY SERVICE. HILL STUDENTS ARE DRAWN FROM 29 STATES AND 25 FOREIGN COUNTRIES. THE TYPICAL CLASS SIZE IS 11 STUDENTS WITH A STUDENT/TEACHER RATIO OF 7:1. 38525733 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 139 0 374 1 1 1 0 0 0 0 0 0 0 1 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA AK CO KY MD MA MI NH OH OK OR WA X RICHARD T WOOD 6103261000 THE HILL SCHOOL 860 BEECH STREET POTTSTOWN PA 19464 JAMES L ALEXANDRE CHAIRMAN 10.00 X X 0 0 0 MICHAEL W HARRIS VICE CHAIRMAN 3.00 X X 0 0 0 JAMES A BAKER IV BOARD MEMBER 2.00 X 0 0 0 DOUGLAS R BRODY BOARD MEMBER 2.00 X 0 0 0 MICHELLE A GYVES BOARD MEMBER 2.00 X 0 0 0 GEOFFREY A RICHARDS BOARD MEMBER 2.00 0.50 X 0 0 0 JOHN P MILLAR JR BOARD MEMBER 2.00 X 0 0 0 ELIZABETH T BURTON BOARD MEMBER 2.00 X 0 0 0 ROBERT W OBERRENDER BOARD MEMBER 2.00 X 0 0 0 LYNNE EVANS BOARD MEMBER 2.00 X 0 0 0 JAMES J SHEWARD BOARD MEMBER 2.00 X 0 0 0 RICHARD J TABARRINI JR BOARD MEMBER 2.00 X 0 0 0 MATTHEW J BATES BOARD MEMBER 2.00 X 0 0 0 MADISON BYRNES BENADUM BOARD MEMBER 2.00 X 0 0 0 DARNELL J MORROW BOARD MEMBER 2.00 X 0 0 0 TRACY L STEELE BOARD MEMBER 2.00 X 0 0 0 MAX ZHANG BOARD MEMBER 2.00 X 0 0 0 NICOLE E LAUREDAN BOARD MEMBER 2.00 X 0 0 0 DOUGLAS J BOUQARD III BOARD MEMBER 2.00 X 0 0 0 JENNIFER KANG BOARD MEMBER 2.00 X 0 0 0 JAY LANKFORD BOARD MEMBER 2.00 X 0 0 0 HANS MAENTZ BOARD MEMBER 2.00 X 0 0 0 DENNIS MAGUIRE BOARD MEMBER 2.00 X 0 0 0 ANNIE MCLAUGHLIN BOARD MEMBER 2.00 X 0 0 0 ZACHARY LEHMAN HEAD OF SCHOOL 40.00 0.50 X 571999 0 115206 SCOTT FAULKINGHAM ASSISTANT TREASURER & CONT 40.00 0.50 X 138806 0 72802 RICHARD WOOD TREASURER & CFOO 40.00 X 287253 0 86314 THOMAS ECCLESTON IV ASST. HEADMASTER FOR ENROL 40.00 X 169139 0 71236 CHRISTIAN P SOCKEL ASST. HEADMASTER FOR ADVAN 40.00 X 242776 0 88063 LYNDA HAMILTON-KIRK ASST. HEAD OF STUDENT LIFE 40.00 X 168912 0 116020 DR KRISTIN SPENCER MEDICAL DIRECTOR 40.00 X 189857 0 99149 SYLVIA RODRIGUEZ VARGAS ASSOCIATE HEAD OF SCHOOL 40.00 X 163047 0 60426 1931789 0 709216 10 0 1 0 SODEXHO FOOD SERVICE 9801 WASHINGTONIAN BLVD GAITHERSBURG MD 20878 FOOD SERVICE 2844460 WOHLSEN CONTRUCITON COMPANY 1295 MANHEIM PIKE LANCASTER PA 17601 CONSTRUCTION 2003151 SACKS & SONS INC 1207 GRAVEL PIKE ZIEGLERVILLE PA 19492 CONSTRUCTION 1149708 VONBRONG BUILDERS LLC 605 FAIRWAY DRIVE TELFORD PA 189692263 CONSTRUCTION 1018804 MOONLIGHT OFFICE CLEANERS INC 1289 LAURELWOOD ROAD POTTSTOWN PA 19465 CAMPUS CLEANING 721277 40 18098640 8829995 18098640 TUITION AND FEES 611600 35335115 35335115 USE OF FACILITIES 713990 28714 28714 SUMMER ATHLETIC CAMPS 713990 987 987 35364816 4424013 753566 3670447 36683713 34566779 2116934 2116934 2116934 139683 136976 2707 2707 STUDENT BUS TRIPS 900099 103502 103502 MISCELLANEOUS INCOME 900099 88939 88939 192441 60199551 35530263 783267 5787381 20000 20000 6856669 6856669 998654 93941 810772 93941 16134090 9290616 5783728 1059746 1740229 999652 625022 115555 3051278 1766718 1079195 205365 1201838 665459 455621 80758 682008 682008 34500 34500 26895 26895 318642 318642 431846 324910 106936 125 125 755414 541382 214032 38447 38447 1387222 1115731 252792 18699 143307 127880 15427 1877660 1680506 168989 28165 6137332 5492912 552360 92060 508343 508343 INSTRUCTIONAL 4100055 4100055 FOOD SERVICE 2561225 2561225 AUTO-GROUNDS-HOUSEKEEPI 1805944 1616320 162535 27089 REPAIRS & MAINTENANCE 1382238 1237103 124401 20734 2790962 1028826 231788 1530348 54984923 38525733 12784868 3674322 705362 1095235 19011914 21602839 13901940 11228669 1087303 672921 112380 132155 322641 295382 154811065 49449487 100923979 105361578 86962955 113502699 96769406 78899470 212769 136808 320010649 332927756 4611344 5418212 151608 160280 44112951 43969085 4689681 5467497 53565584 55015074 X 103485173 109474534 162959892 168438148 266445065 277912682 320010649 332927756 X 5214628 6102321 150668 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 187714147 3875513 12225125 2525309 6714591 194574885 210000530 913875 -15687858 2254943 5257457 187714147 163082007 11933442 42430681 2161505 5284095 210000530 172987113 3485763 -5521269 2212427 5657173 163082007 168744097 2138008 9783711 2074314 5604389 172987113 0.25022 0.42593 0.32385 0 0 2785258 2785258 121432745 37575937 83856808 15879511 8584577 7294934 6540682 3288973 3251709 8172869 8172869 105361578 PRIVATE EQUITY AND REAL ESTATE PARTNERSHIPS 78899470 F 78899470 DEPOSITS AND ADVANCED TUITION 5205964 DUE TO HOBART'S RUN 261533 5467497 X 59358149 6102321 231588 6333909 53024240 318642 6856669 7175311 60199551 48062479 252867 252867 47809612 318642 6856669 7175311 54984923 PART III, LINE 4: THE SCHOOL MAINTAINS THREE COLLECTIONS; N.C. WYETH PAINTINGS, DUCK STAMPS AND AUDUBON PRINTS. THESE ARE ALL DISPLAYED FOR THE EDUCATION OF OUR STUDENTS. THE WYETH PAINTINGS DEPICT HISTORICAL BATTLES THAT SHAPED U.S. HISTORY. THE DUCK STAMPS AND AUDUBON PRINTS ARE VISUAL AIDS FOR THE STUDENTS STUDYING BIRDS. PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (JUNE 30, 2020 - JUNE 30, 2022) OR EXPECTED TO BE TAKEN IN THE SCHOOL'S TAX RETURN FOR THE YEAR ENDED JUNE 30, 2023 AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 136,976. INCOME OF RELATED ENTITY 94,612. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,856,669. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - BOOKSTORE 136,976. EXPENSES OF RELATED ENTITY 115,891. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,856,669. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IN 2022-2023, THE HILL SCHOOL'S STUDENT BODY OF 420 BOARDING STUDENTS AND 125 DAY STUDENTS WAS DRAWN FROM 29 STATES, AND 25 FOREIGN COUNTRIES. THE SCHOOL HAS ALWAYS HAD A NON-DISCRIMINATORY POLICY, WHICH HAS BEEN APPROVED BY THE BOARD OF TRUSTEES, AND THIS POLICY IS STATED IN ALL OF THE MAJOR SCHOOL PUBLICATIONS. THE STUDENT BODY CONSISTS OF AFRICAN-AMERICANS AND OTHER STUDENTS FROM RACIAL MINORITY GROUPS AS WELL AS NATIVE STUDENTS FROM AUSTRALIA, BOTSWANA, CANADA, CHINA, ENGLAND, HONG KONG, JAPAN, MEXICO, POLAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SPAIN, SWEDEN, THAILAND, TURKEY AND VIETNAM. X X X X X 0 MARTS & LUNDY 1200 WALL STREET WEST LYNDHURST NJ 07071 CONSULTANT 0 0 26400 -26400 26400 -26400 1 POTTSTOWN AREA ECONOMIC DEVELOPMENT CORP INC 152 E HIGH STREET SUITE 360 POTTSTOWN PA 19464 231878840 501(C)(3) 20000 0 GOOD FAITH PAYMENT. 1 0 FINANCIAL AID 176 6856669 PART I, LINE 2: THE FINANCIAL AID COMMITTEE REVIEWS APPLICATIONS FOR AID SUBMITTED THROUGH SSS OF PRINCETON, COPIES OF PARENT'S FEDERAL TAX RETURNS AND ANY OTHER INFORMATION OFFERED BY THE APPLICANTS. ALL RECORDS ARE MAINTAINED BY THE DIRECTOR OF FINANCIAL AID. AID IS AWARDED BASED ON THE NEED AS DETERMINED BY THE SSS CALCULATIONS. ALL FINANCIAL AID THAT IS AWARDED IS CREDITED TO THE TUITION BILLING FOR THE STUDENT. ALL AID IS USED TO REDUCE THE TUITION PAYABLE. X X 1 1 X X X 1 1 0 0 0 0 0 0 0 ZACHARY LEHMAN HEAD OF SCHOOL 551499 0 0 0 20500 0 61000 0 54206 0 687205 0 0 0 RICHARD WOOD TREASURER & CFOO 271653 0 0 0 15600 0 36927 0 49387 0 373567 0 0 0 CHRISTIAN P SOCKEL ASST. HEADMASTER FOR ADVAN 215776 0 0 0 27000 0 28990 0 59073 0 330839 0 0 0 DR KRISTIN SPENCER MEDICAL DIRECTOR 163857 0 0 0 26000 0 9152 0 89997 0 289006 0 0 0 LYNDA HAMILTON-KIRK ASST. HEAD OF STUDENT LIFE 164399 0 0 0 4513 0 14721 0 101299 0 284932 0 0 0 THOMAS ECCLESTON IV ASST. HEADMASTER FOR ENROL 157304 0 0 0 11835 0 21979 0 49257 0 240375 0 0 0 SYLVIA RODRIGUEZ VARGAS ASSOCIATE HEAD OF SCHOOL 158262 0 0 0 4785 0 20736 0 39690 0 223473 0 0 0 SCOTT FAULKINGHAM ASSISTANT TREASURER & CONT 134614 0 0 0 4192 0 12577 0 60225 0 211608 0 0 0 PART I, LINES 4A-B ZACHARY LEHMAN - RECEIVED $15,279 FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING THE FISCAL YEAR ENDED JUNE 30, 2023. PER CONFIDENTIALITY AGREEMENTS SIGNED BY THE ORGANIZATION, A SEVERANCE PACKAGE PAID TO AN EMPLOYEE IS NOT OPEN FOR PUBLIC INSPECTION. THIS INFORMATION WILL BE MADE AVAILABLE TO THE TAX AUTHORITIES UPON REQUEST. A MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY 232447147 613603UF4 2015-05-01 21366223 CURRENT REFUNDING; THE REFUNDED BONDS WERE ISSUED ON 6/16/2005. 0 0 0 B MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY 232447147 613603XX2 2017-12-01 20267236 SEE PART VI 0 0 0 A 21366223 298297 1 0 1 1 B 20267236 8000000 263656 8000000 1 0 1 1 B 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 A 1 B 1 SCHEDULE K, PART I, LINE B, COLUMN F (F) DESCRIPTION OF PURPOSE: CURRENT REFUNDING AND TO FINANCE THE CONSTRUCTION/RENOVATIONS OF THE DINING HALL. THERE WERE TWO SERIES OF REFUNDED BONDS ISSUED ON 05/01/2013 AND 10/01/2014. X 62 8829995 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE SCHOOL UTILIZES THE SERVICES OF A DISCOUNT BROKER TO SELL ALL SECURITIES RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND THEN IS REVIEWED BY THE OFFICERS. IT IS THEN GIVEN TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ASSISTANT SECRETARY SENDS A SURVEY TO ALL SENIOR STAFF AND TRUSTEES EVERY MAY. SHE IS RESPONSIBLE FOR MAKING SURE ALL REQUIRED PERSONS RETURN THE SURVEY. ALL POTENTIAL CONFLICTS NOTED IN THE SURVEY RESPONSES ARE THEN FORWARDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. ANY INTERESTED TRUSTEE WILL RECUSE HIM/HERSELF WHEN CASES ARE BROUGHT TO THE ENTIRE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL COLLECTS SALARY INFORMATION FROM A GROUP OF 40 BOARDING SCHOOLS AND OTHER MARKET SURVEYS FOR ALL KEY EMPLOYEE POSITIONS. THIS INFORMATION IS REVIEWED BY A COMMITTEE OF THE BOARD OF TRUSTEES FOR SETTING THE HEADMASTER'S SALARY. THE HEADMASTER USES THIS INFORMATION FOR SETTING THE SALARIES FOR THE REST OF THE SCHOOL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: ACTUARIAL GAIN ON ANNUITY OBLIGATIONS AND LIFE INCOME FUNDS 150,668. TRANSFER FROM HOBART'S RUN TO PLANT FUND FORM 990, PART XII, LINE 2C THE PROCESS BY WHICH THE ORGANIZATION APPOINTS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. HOBART'S RUN NEIGHBORHOOD DISTRICT 860 BEECH STREET POTTSTOWN PA 19464 820939123 COMMUNITY AND ECONOMIC DEVELOPMENT PA 501(C)(3) LINE 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0