2024-05-08T08:33:18-05:00 2023-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2022-07-01 340714426 HATHAWAY BROWN SCHOOL HATH 2169324214 19600 N PARK BOULEVARD SHAKER HEIGHTS OH 44122 DRMARY FRANCES BISSELLE HEAD OF SCHOOL 2169324214 2024-05-07 1 DRMARY FRANCES BISSELLE 999009999 1 CHRISTOPHER B ANDERSON P00226559 2163630100 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DRMARY FRANCES BISSELLE 19600 N PARK BOULEVARD SHAKER HEIGHTS OH 44122 59733052 0 X WWW.HB.EDU X 1876 OH THE SCHOOL IS DEDICATED TO EXCELLENCE IN THE EDUCATION OF GIRLS. OUR TRUE MISSION, AS REFLECTED IN OUR MOTTO "NON SCHOLAE SED VITAE DISCIMUS," IS LEARNING & PREPARATION FOR LIFE. 27 27 565 200 0 0 9286608 5708388 25338002 26708135 5787061 2608492 0 0 40411671 35025015 5448668 6029668 0 0 15653624 17792687 0 0 1307762 8194567 8819078 29296859 32641433 11114812 2383582 152785661 157582245 11389590 11528886 141396071 146053359 X SEE SCHEDULE O 0 0 28107141 6029668 26708135 FOUNDED IN 1876, HATHAWAY BROWN IS COMMITTED TO A FUSION OF ACADEMIC AND EXPERIENTIAL LEARNING. THIS CO-ED EARLY CHILDHOOD AND ALL-GIRLS' K-12 INDEPENDENT DAY SCHOOL OF 791 STUDENTS FOCUSES ON EDUCATIONAL INNOVATION AS IT PREPARES STUDENTS TO RISE BOLDLY TO THE CHALLENGES OF OUR TIMES AND LIVE OUT THE HB MOTTO OF LEARNING NOT FOR SCHOOL, BUT FOR LIFE."HB'S INCLUSIVE ENVIRONMENT, OUTSTANDING FACULTY, AND UNIQUE PROGRAMS DRAW FAMILIES FROM 81 COMMUNITIES ACROSS NORTHEAST OHIO TO ITS BEAUTIFUL 16-ACRE SHAKER HEIGHTS CAMPUS, WHICH HOUSES AN AQUATICS CENTER, IDEA LAB, VISUAL AND PERFORMING ARTS SPACES, TURF PLAYING FIELD, UPPER SCHOOL LEARNING COMMONS, AND WORKING TELEVISION STUDIO. IMMERSIVE ACADEMIC, SERVICE, AND CULTURAL OPPORTUNITIES ABOUND, AND GRADUATES ATTEND MANY OF THE WORLD'S TOP UNIVERSITIES.THE SCHOOL IS CONSISTENTLY HONORED BY WELL-REGARDED EDUCATIONAL INSTITUTIONS, SOCIAL SERVICE ORGANIZATIONS, BUSINESSES, PROFESSIONAL SOCIETIES, AND JOURNALISTIC PUBLICATIONS. THE 97 STUDENTS IN THE CLASS OF 2023, WHICH INCLUDES 12 NATIONAL MERIT FINALISTS, 6 NATIONAL MERIT COMMENDED SCHOLARS, 7 COLLEGE BOARD NATIONAL AFRICAN AMERICAN AND HISPANIC RECOGNITION PROGRAM SCHOLARS, 2 PRESIDENTIAL SCHOLAR CANDIDATES, 1 PRESIDENTIAL SCHOLAR SEMIFINALIST, AND 1 COCA-COLA SCHOLAR, OPTED TO ATTEND 70 DIFFERENT COLLEGES IN 25 STATES AND ON 3 DIFFERENT CONTINENTS IN THE FALL. 75% OF THE CLASS RECEIVED AN OFFER OF ADMISSION TO THEIR TOP CHOICE SCHOOL (OR A TOP CHOICE IF RANKED BY GROUP). THE CLASS RECEIVED OVER $9 MILLION IN MERIT SCHOLARSHIPS, INCLUDING FULL COST OF TUITION THROUGH THE NAVY ROTC SCHOLARSHIP AND THE FULL TUITION MORRILL SCHOLARSHIP AT THE OHIO STATE UNIVERSITY. 8% OF THE CLASS RECEIVED OFFERS OF ADMISSION TO 10 DIFFERENT COLLEGES FROM A SCHOOL DEEMED A "TOP 10 BEST NATIONAL UNIVERSITY OR "TOP 10 NATIONAL LIBERAL ARTS COLLEGE" BY 2023 US NEWS AND WORLD REPORT. 28% OF THE CLASS RECEIVED AN OFFER FROM A "TOP 20% BEST NATIONAL UNIVERSITY OR "TOP 20 BEST NATIONAL LIBERAL ARTS COLLEGE" BY 2023 US NEWS AND WORLD REPORT. 42% OF THE CLASS RECEIVED AN OFFER FROM A "TOP 30 BEST NATIONAL UNIVERSITY OR "TOP 30 BEST NATIONAL LIBERAL ARTS COLLEGE" BY 2023 US NEWS AND WORLD REPORT. 78% OF THE CLASS RECEIVED AN OFFER FROM A "TOP 50 BEST NATIONAL UNIVERSITY OR "TOP 50 BEST NATIONAL LIBERAL ARTS COLLEGE" BY US NEWS AND WORLD REPORT.STUDENTS HAVE BEEN ACCEPTED INTO NUMEROUS HONORS AND OTHER SPECIAL PROGRAMS INCLUDING DAVIS SCHOLAR AT COLUMBIA UNIVERSITY, LOYOLA UNIVERSITY CHICAGO HONORS PROGRAM, GEORGE WASHINGTON UNIVERSITY HONORS PROGRAM, AND KILACHAND HONORS PROGRAM AT BOSTON UNIVERSITY. 11 STUDENT-ATHLETES WILL BE COMPETING AT THE VARSITY COLLEGIATE LEVEL IN 6 DIFFERENT SPORTS - 5 IN DIVISION I AND 6 IN DIVISION III. HB'S ATHLETIC PROGRAM HOLDS 19 STATE TEAM CHAMPIONSHIP TITLES, 11 STATE TEAM RUNNER UP FINISHES, 17 STATE INDIVIDUAL CHAMPIONS, 23 STATE INDIVIDUAL RUNNER UP TITLES, AND 44 STATE SEMI-FINAL APPEARANCES. THE 2013 BLAZER BASKETBALL TEAM AND 2019 BLAZER TENNIS TEAMS MADE HISTORY WHEN BOTH PROGRAMS BECAME THE ONLY BOYS OR GIRLS' TEAM IN OHIO HISTORY TO WIN FIVE CONSECUTIVE STATE CHAMPIONSHIPS. THE 2021 TENNIS TEAM SURPASSED THIS MILESTONE EARNING A 7TH (NONCONSECUTIVE) STATE TEAM TITLE IN 2021 (2004, '15, '16, '17, '18, '19, '20, '21) AND THE DOUBLES TEAM WAS THE OHSAA DII STATE RUNNER UP. IN 2022-23, THE HB LACROSSE TEAM TOOK FIRST RUNNER-UP AT STATES AND HB'S SWIMMING AND DIVING TEAM TOOK THE 1ST STATE CHAMPIONSHIP IN THE SCHOOL'S HISTORY.HB IS A 7-TIME WINNER OF NORTHEAST OHIO'S TOP WORKPLACES BY THE PLAIN DEALER. EDUCATIONAL COLLEAGUES THROUGHOUT THE COUNTRY CONSIDER HB A LEADER IN THE FIELD. HATHAWAY BROWN SCHOOL IS RECOGNIZED NATIONALLY FOR EXTRAORDINARY TEACHING. IN 2019, HB WAS SELECTED AS A UPENN FELLOW SCHOOL. THIS HIGHLY COMPETITIVE PROGRAM INCLUDES 11 OTHER DAY SCHOOLS AND NINE BOARDING SCHOOLS. HB IS ONE OF ONLY TWO ALL-GIRLS SCHOOLS IN THE CONSORTIUM. THROUGH A UNIQUE TWO-YEAR FELLOWSHIP MODELED AFTER MEDICAL RESIDENCIES FOR ASPIRING DOCTORS, HB HOSTS CANDIDATES PURSUING A MASTERS OF SCIENCE DEGREE IN EDUCATION FROM PENN'S GRADUATE SCHOOL OF EDUCATION. HB ALSO HOSTED THE 2016 PRIVATE SCHOOLS WITH PUBLIC PURPOSE CONFERENCE IN 2016, WHICH BROUGHT EDUCATORS FROM 35 SCHOOLS IN 17 STATES TOGETHER TO COLLABORATE AND FIND SOLUTIONS TO SOME OF OUR NATION'S MOST PRESSING ISSUES FOR STUDENTS. IN 2018, THE SCHOOL WAS THE SITE OF THE ANNUAL CONFERENCE FOR THE GLOBAL EDUCATORS BENCHMARK GROUP.SOME ADDITIONAL NOTEWORTHY LEADERSHIP ROLES FOR HB: HATHAWAY BROWN IS PROUD TO OFFER INITIATIVES IN DIVERSITY, EQUITY, INCLUSION, AND BELONGING AND IN SOCIOEMOTIONAL GROWTH THAT OPTIMIZE LEARING FOR OUR STUDENTS AT EVERY GRADE LEVEL. HATHAWAY BROWN WAS THE FIRST SCHOOL IN THE ISACS (INDEPENDENT SCHOOLS ASSOCIATION OF THE CENTRAL STATES) TO COMPLETE THE ACCREDITATION PROCESS IN A REMOTE MODE, SERVING AS A MODEL FOR OTHER SCHOOLS FOLLOWING IN THE PROCESS.SINCE ITS BEGINNING AS "AFTERNOON CLASSES FOR YOUNG LADIES" AT THE ALL-BOYS PRIVATE BROOKS MILITARY SCHOOL IN DOWNTOWN CLEVELAND, HATHAWAY BROWN SCHOOL HAS BEEN HELPING STUDENTS FIND AND PURSUE OPPORTUNITIES, MAXIMIZE THEIR OWN POTENTIAL, AND MAKE A DIFFERENCE IN THE WORLD. THE SCHOOL MOVED TO ITS CURRENT LOCATION IN SHAKER HEIGHTS IN 1927 AND IT IS NOW HOME TO 791 STUDENTS IN PRESCHOOL THROUGH 12TH GRADE, 42 PERCENT OF WHOM ARE STUDENTS OF COLOR. FORTY-FIVE PERCENT OF STUDENTS RECEIVED FINANCIAL AID AWARDS (GRADES K-12) IN 2022-2023.THE SCHOOL MAINTAINS SMALL CLASS SIZES IN ALL DIVISIONS, AND THE STUDENT:FACULTY RATIO IS 8:1. HB IS GENEROUSLY SUPPORTED BY GIFTS FROM ALUMNAE AROUND THE WORLD, AS WELL AS PARENTS, FACULTY MEMBERS, AND FRIENDS OF THE INSTITUTION. AS OF JUNE 30, 2023, THE MARKET VALUE OF HB'S ENDOWMENT IS $76.7 MILLION. THE SCHOOL OFFERS EXTENSIVE TRANSPORTATION SERVICES AND A ONE-TO-ONE TECHNOLOGY PROGRAM.IN 2016, DR. MARY FRANCES "FRAN" BISSELLE BECAME HB'S 14TH HEAD OF SCHOOL. HATHAWAY BROWN'S SIGNATURE LEARN FOR LIFE APPROACH IS UNIQUE AND BUILT ON FOUR AREAS OF STRENGTH: DISTINGUISHED ACADEMICS, EMPOWERED GIRLS, FELLOWSHIP IN APPLIED STUDIES, AND CELEBRATED COMMUNITY. OUR DISTINGUISHED ACADEMICS INCLUDE A CORE CURRICULUM NATIONALLY RECOGNIZED FOR ACADEMIC EXCELLENCE. OUR 8:1 STUDENT TO TEACHER RATIO SUPPORTS REAL LEARNING IN A RICH CURRICULUM. EMPOWERED GIRLS LEAD WITH CONFIDENCE AND DEMONSTRATE THE POWER OF SISTERHOOD IN THE CLASSROOM, ON THE PLAYING FIELD, AND BEYOND. FELLOWSHIPS IN APPLIED STUDIES PROVIDE HB STUDENTS WITH THE OPPORTUNITY TO APPLY THEIR ACADEMICS TO REAL-WORLD PROBLEM-SOLVING. EXAMPLES OF WORK WITHIN THE FELLOWSHIPS INCLUDES STUDENTS SPENDING FOUR YEARS AS CONTRIBUTING MEMBERS OF SCIENTIFIC RESEARCH TEAMS, CO-AUTHORING PUBLICATIONS, AND PRESENTING AT PROFESSIONAL CONFERENCES. OR SERVING ON A FINANCE TEAM INVESTING A PORTION OF THE SCHOOL'S ENDOWMENT AND SHEPHERDING THAT INVESTMENT OVER THE COURSE OF SEVERAL YEARS. FELLOWSHIPS PROVIDE AN IMMERSIVE EXPERIENCE WORKING WITH PROFESSIONALS BEYOND THE CLASSROOM, SOLVING REAL-WORLD PROBLEMS. THE CELEBRATED COMMUNITY OF STUDENTS, ALUMNAE, AND FAMILIES PROVIDES A NETWORK OF CONNECTIONS TO HB WOMEN IN LEADERSHIP POSITIONS IN INDUSTRY, ACADEMIA, AND GOVERNMENT.THE ASPIRE PROGRAM OF HATHAWAY BROWN SCHOOL IS A TUITION-FREE ACADEMIC ENRICHMENT AND LEADERSHIP PROGRAM. FOUNDED IN 2002, ASPIRE TARGETS MOTIVATED AND HIGH-ACHIEVING GIRLS WHO ARE LIMITED IN OPPORTUNITY BECAUSE OF LOW FAMILY INCOME AND LACK OF EXPOSURE TO HIGHER EDUCATION. OVER THE COURSE OF A THREE-YEAR COMMITMENT DURING MIDDLE SCHOOL, ASPIRE GIRLS PARTICIPATE IN A VARIETY OF LEADERSHIP-BUILDING ACTIVITIES IN ACADEMIC CLASSES AND EXPLORATORY WORKSHOPS. ASPIRE INCREASES A GIRL'S AWARENESS AND INVESTMENT IN HER LEARNING, LEADERSHIP, AND CHOICES. ASPIRE ALSO OFFERS HIGH SCHOOL AND COLLEGE STUDENTS AN INTRODUCTION TO TEACHING IN AN INNOVATIVE ENVIRONMENT. THESE YOUNG PEOPLE WORK TOGETHER WITH EXPERIENCED EDUCATORS TO IMPLEMENT CREATIVE, ENGAGING CLASSES. ASPIRE DEVELOPS THEIR AWARENESS OF THE COMPONENTS OF A HIGH-QUALITY EDUCATION, THEREBY LEADING THEM TO BE EFFECTIVE ADVOCATES FOR EDUCATION AND CONSIDER TEACHING AS A CAREER. 28107141 1 1 0 0 0 0 0 0 0 1 1 1 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 1 0 0 0 1 0 0 0 0 1 106 0 1 565 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X HATHAWAY BROWN SCHOOL 2163208083 19600 N PARK BOULEVARD SHAKER HEIGHTS OH 44122 NANCY SWEGLER ANTHONY TRUSTEE 1.00 X 0 0 0 NIC BARLAGE TRUSTEE 1.00 X 0 0 0 CAROLINE BORROW SECRETARY 1.00 X X 0 0 0 HELEN RANKIN BUTLER PRESIDENT 1.00 X X 0 0 0 VALDA CLARK CHRISTIAN TRUSTEE 1.00 X 0 0 0 PAUL DANES TRUSTEE 1.00 X 0 0 0 LISA BATTAGLIA FEDOROVICH TRUSTEE 1.00 X 0 0 0 KRISTIN GIBBS TRUSTEE 1.00 X 0 0 0 ASMITA GOLDBLUM TRUSTEE 1.00 X 0 0 0 STEPHANIE SKYLAR HENCH TRUSTEE 1.00 X 0 0 0 RICHARD JESCHELNIG TRUSTEE 1.00 X 0 0 0 CASSANDRA L JOHNSON TRUSTEE 1.00 X 0 0 0 JOE KUBIC TRUSTEE 1.00 X 0 0 0 DANIELLE BRADSHAW LANE TRUSTEE 1.00 X 0 0 0 BONNIE MARCUS TRUSTEE 1.00 X 0 0 0 PAUL MATSEN TRUSTEE 1.00 X 0 0 0 ERIC MORGAN TRUSTEE 1.00 X 0 0 0 ELIZABETH MORTIMER TRUSTEE 1.00 X 0 0 0 AMY NORDSTROM TRUSTEE 1.00 X 0 0 0 ELIZABETH DEMARCO NOVAK TREASURER 1.00 X X 0 0 0 GRACE OFFUTT TRUSTEE 1.00 X 0 0 0 ROBERT PERRY TRUSTEE 1.00 X 0 0 0 MARGARET ROBERTS PRESIDENT-ELECT 1.00 X X 0 0 0 PHILLIP ROWLAND-SEYMOUR TRUSTEE 1.00 X 0 0 0 SIMRAN SETHI TRUSTEE 1.00 X 0 0 0 DANIELLE HORVITZ WEINER TRUSTEE 1.00 X 0 0 0 ROSEANNE WINCEK TRUSTEE 1.00 X 0 0 0 DR MARY FRANCES BISSELLE HEAD OF SCHOOL 40.00 X 459817 0 46668 LAUREN GIBSON CHIEF FIN.&OPER.OFFICER 40.00 X 167217 0 21010 SHARON BAKER DIRECTOR OF MIDDLE SCHOOL 40.00 X 100119 0 41361 SHERI HOMANY ASSOC HEAD OF SCHOOL 40.00 X 149305 0 12697 BARRY KALLMEYER CHIEF INFORMATION OFFICER 40.00 X 118272 0 12267 CLARKE LESLIE DIRECTOR OF ADVANCEMENT 40.00 X 202900 0 21317 1197630 0 155320 6 0 1 0 PRECIOUS CARGO TRANSPORTATION PO BOX 23617 CHAGRIN FALLS OH 44023 TRANSPORTATION 458418 ALL FOR YOU JANITORIAL INC 5454 SIERRA DRIVE UNIT C WILLOUGHBY OH 44094 CLEANING 291795 AVI FOOD SYSTEMS 2590 ELM ROAD NE WARREN OH 44483 FOOD SERVICES 159459 3 933962 4774426 861287 5708388 STUDENT TUITION & FEES 900099 23973573 23973573 INFANT&TODDLER CENTER FEES 900099 965777 965777 OTHER PROGRAM SVC. REV. 900099 919443 919443 SUMMER PROGRAMS 900099 795035 795035 TRANSPORTATION FEES 900099 54307 54307 26708135 3311272 3311272 24005257 24578171 129866 -572914 -129866 -702780 -702780 35025015 26708135 0 2608492 6029668 6029668 627034 206921 294706 125407 13303683 11938997 658245 706441 706152 565705 84459 55988 2186827 1696660 377658 112509 968991 820932 99984 48075 43525 43525 28100 28100 254498 939 230827 22732 127813 18528 107479 1806 187472 187472 479654 452365 27289 379627 331939 47688 319133 222941 31948 64244 1804891 1804891 188697 188697 PLANT REPAIRS&MAINT. 737682 737682 STATE AID EXPENSE 639328 639328 INSTRUCTIONAL MATERIALS 522693 522693 PROFESSIONAL DEVELOP. 191927 158239 30262 3426 2914038 1771241 1023351 119446 32641433 28107141 3226530 1307762 9834363 6507832 8643974 5851785 55117 32677 21555 34429 381116 863377 67765447 27218661 35511323 40546786 86848346 83989155 11316665 19489014 173202 267190 152785661 157582245 2779273 3775080 2015990 1868074 6267396 5596404 326931 289328 11389590 11528886 X 61283821 65659768 80112250 80393591 141396071 146053359 152785661 157582245 2383582 2273706 0 X 0 1 X 1 0 X 7851603 17731598 6844118 9286608 5708389 47422316 7851603 17731598 6844118 9286608 5708389 47422316 5571336 41850980 945333 1299035 812171 1074782 3311272 7442593 54864909 121200692 0.76280 0.68310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62998587 1406575 4279727 757092 1830807 66096990 67631116 2766128 -5110274 674277 1614106 62998587 56573419 1068785 12143813 618899 1536002 67631116 54816805 1992266 2107795 573016 1770431 56573419 52974273 235065 3849145 523442 1718236 54816805 0.06253 0.62527 0.31220 0 0 219345 219345 52738678 24167020 28571658 3367263 2321931 1045332 11440161 729710 10710451 40546786 ALTERNATIVE INVESTMENTS 19489014 F 19489014 GIFT ANNUITIES LIABILITY 33348 CUSTODIAL FUNDS 255980 289328 X 31269053 2273706 2273706 28995347 6029668 6029668 35025015 26611765 0 26611765 6029668 6029668 32641433 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - ENDOWMENT FUNDS ARE APPROPRIATED BASED ON AN APPROVAL PROCESS THROUGH THE BOARD OF TRUSTEES. THE PURPOSE OF THE ENDOWMENT IS TO SUPPORT VARIOUS CURRENT AND FUTURE PROGRAMS AND ACTIVITIES OF THE SCHOOL. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - FEDERAL INCOME TAXES - THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE SCHOOL FOLLOWS PROVISIONS OF GAAP, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN FINANCIAL STATEMENTS. THE PROVISIONS PRESCRIBE CERTAIN CRITERIA FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WERE NO UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2023. THE SCHOOL'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES, GENERALLY FOR THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS WHICH WERE SHOWN AS A REDUCTION OF REVENUE ON THE FINANCIAL STATEMENTS BUT AS AN EXPENSE ON FORM 990 6,029,668. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS WHICH WERE SHOWN AS A REDUCTION OF REVENUE ON THE FINANCIAL STATEMENTS BUT AS AN EXPENSE ON FORM 990 6,029,668. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HATHAWAY BROWN SCHOOL INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS BROCHURES, NEWSLETTERS, MEDIA NOTICES AND WEBSITE WHICH ARE AVAILABLE TO THE PUBLIC, AND THE SCHOOL ACTIVELY PROMOTES ITS DIVERSITY PROGRAM WHICH IS HIGHLIGHTED ON THE ADMISSIONS PORTION OF THE WEBSITE. SCHEDULE E, PART I, LINE 6 HATHAWAY BROWN SCHOOL RECEIVES FUNDS FROM THE OHIO DEPARTMENT OF EDUCATION TO SUPPORT ACTIVITIES MANDATED BY STATE LAW AND OTHER AUXILIARY SERVICES TO NON-PUBLIC SCHOOLS. THE SCHOOL ALSO RECEIVES REIMBURSEMENT FROM A FEDERAL AGENCY FOR FOOD FOR THE SCHOOL'S SIX-WEEK SUMMER PROGRAM. 1 SCHOLARSHIPS FOR STUDENTS 362 6029668 FMV PART I, LINE 2: MONITORING USE OF GRANTS - STUDENTS RECEIVING SCHOLARSHIPS ARE JUDGED WORTHY BY THE SCHOOL'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WITHOUT REGARD TO RACE, RELIGION OR CREED. OTHER DISBURSEMENTS ARE MADE DIRECTLY FOR SALARY AND SIMILAR EXPENSES INCURRED IN THE ACTIVE CONDUCT OF THE ACTIVITIES CONSTITUTING THE EXEMPT PURPOSE OR FUNCTION FOR WHICH HATHAWAY BROWN SCHOOL IS ORGANIZED AND OPERATED. ALL OTHER DISBURSEMENTS IN FURTHERANCE OF THE SCHOOL'S EXEMPT PROGRAMS ARE MADE IN ACCORDANCE WITH PROCEDURES OR SUBJECT TO CONDITIONS ESTABLISHED BY THE SCHOOL'S GOVERNING BOARD DESIGNED TO INSURE THAT INDIVIDUALS AND ORGANIZATIONS RECEIVING DISBURSEMENTS FROM HATHAWAY BROWN ARE ADEQUATELY INVESTIGATED AND DEEMED TO BE QUALIFYING RECIPIENTS. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DR MARY FRANCES BISSELLE HEAD OF SCHOOL 459817 0 0 0 0 0 33456 0 13212 0 506485 0 0 0 CLARKE LESLIE DIRECTOR OF ADVANCEMENT 202900 0 0 0 0 0 20290 0 1027 0 224217 0 0 0 LAUREN GIBSON CHIEF FIN.&OPER.OFFICER 167217 0 0 0 0 0 8500 0 12510 0 188227 0 0 0 SHERI HOMANY ASSOC HEAD OF SCHOOL 149305 0 0 0 0 0 11931 0 766 0 162002 0 0 0 PART I, LINE 1A BENEFITS PROVIDED TO CERTAIN INDIVIDUALS - THE SCHOOL PROVIDED A HOUSING ALLOWANCE TO ITS CURRENT HEAD OF SCHOOL, DR. BISSELLE. THE AMOUNT OF THE HOUSING ALLOWANCE WAS $36,000 AND WAS INCLUDED IN DR. BISSELLE'S TAXABLE INCOME. PART II: ADDITIONAL INFORMATION REGARDING COMPENSATION AND BENEFITS - "OTHER REPORTABLE COMPENSATION" OF $45,000 IN COLUMN B(III) FOR DR. BISSELLE CONSISTS OF A HOUSING ALLOWANCE OF $36,000 AND A CAR ALLOWANCE OF $9,000. THESE AMOUNTS ARE INCLUDED IN HER TAXABLE INCOME. "NONTAXABLE BENEFITS" IN COLUMN D OF $13,212 FOR DR. BISSELLE ARE THE EMPLOYER'S SHARE OF WELFARE BENEFITS. ALL COMPENSATION AMOUNTS DISCLOSED FOR THE PERSONS LISTED IN PART VII OF FORM 990 AND SCHEDULE J, PART II REFLECT DATA FOR THE 2022 CALENDAR YEAR INSTEAD OF THE FISCAL YEAR ENDED JUNE 30, 2023, AS REQUIRED BY THE INSTRUCTIONS FOR FORM 990. A COUNTY OF CUYAHOGA OHIO 341408846 2016-12-01 9850000 REFUNDING ISSUE 0 0 0 A 9850000 349000 9501000 2016 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 X 38 861287 FAIR MARKET VALUE 0 0 1 1 PART I, LINE 32B: USE OF THIRD PARTIES - THE SCHOOL USES THE SERVICES OF ITS INVESTMENT BROKER TO SELL DONATED SECURITIES. THE FEES CHARGED FOR THIS SERVICE ARE IN ACCORDANCE WITH FAIR MARKET VALUE AND THE FEES CHARGED TO OTHER CUSTOMERS. FORM 990, PART III, LINE 1: HATHAWAY BROWN IS A DYNAMIC AND COMPASSIONATE COMMUNITY DEDICATED TO EXCELLENCE IN THE EDUCATION OF GIRLS. FOR US, EDUCATIONAL EXCELLENCE INCLUDES, BUT REACHES WELL BEYOND, SUPERB PREPARATION FOR COLLEGE. THE TRUE MISSION OF THE SCHOOL, AS REFLECTED IN OUR MOTTO, "NON SCHOLAE SED VITAE DISCIMUS," IS PREPARATION FOR LIFE. WE STRIVE TO FOSTER IN THE MINDS OF OUR STUDENTS AN ABIDING PASSION FOR LEARNING AND IN THEIR HEARTS A CONSTANT DEVOTION TO STRONG CHARACTER AND PUBLIC SERVICE. OUR THEME FOR THE 22-23 SCHOOL YEAR WAS "BUILDING THE FUTURE." THERE IS A GREAT NEED FOR WOMEN OF VISION AND COURAGE WHO ARE EMPOWERED FOR LEADERSHIP IN A MULTICULTURAL AND GLOBALIZED SOCIETY. WE SEEK TO ANSWER THAT NEED BY INSPIRING OUR STUDENTS TO RISE TO THESE CHALLENGES AND ACHIEVE THEIR UTMOST POTENTIAL IN EVERYTHING THEY DO. FORMING THE LIVES OF THE GIRLS IN OUR CARE IS OUR PRIMARY CALLING, HATHAWAY BROWN EMBRACES BROADER ASPIRATIONS AS WELL: TO HELP SHAPE A FUTURE OF UNBOUNDED POSSIBILITY FOR WOMEN; TO STAND AMONG THE COUNTRY'S LEADING SCHOOLS IN EDUCATIONAL INNOVATION; AND TO BE SUCH A FORCE FOR THE COMMON GOOD BEYOND OUR CAMPUS THAT WE ARE RESPECTED AS A CIVIC TREASURE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - A COPY OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THE AUDIT COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD OF TRUSTEES. THE FORM 990 IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM WITH THE AUDIT COMMITTEE AND THEY APPROVE THE FORM FOR ACCURACY AND COMPLETENESS PRIOR TO ITS FILING. IN ADDITION, A COPY OF THE FORM 990, WITH DONORS' NAMES AND ADDRESSES REDACTED FROM SCHEDULE B, IS PROVIDED TO ALL BOARD MEMBERS VIA THE BOARD PORTAL ON THE SCHOOL'S WEBSITE, PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 11B DISTRIBUTION OF FORM 990 TO GOVERNING BODY - AS NOTED ABOVE, THE SCHOOL DISTRIBUTES A COPY OF FORM 990 TO ALL BOARD MEMBERS THROUGH ITS SECURE INTERNET PORTAL BUT REDACTS THE NAMES AND ADDRESSES OF DONORS FROM SCHEDULE B. THE SCHOOL HAS CHOSEN NOT TO DISCLOSE THE IDENTITIES OF ITS DONORS, PARTICULARLY IN CASES IN WHICH THE DONOR WISHES TO REMAIN ANONYMOUS. AS SUCH, WE ARE REQUIRED TO ANSWER THE QUESTION ON LINE 11A "NO" EVEN THOUGH THE BOARD RECEIVES ALL OF FORM 990 EXCEPT FOR DONORS' NAMES AND ADDRESSES. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - CONFLICT OF INTEREST FORMS ARE COMPLETED BY ALL MEMBERS OF THE GOVERNING BODY ON AN ANNUAL BASIS. ALL CONFLICT RELATIONSHIPS ARE REVIEWED AND ANY BOARD MEMBER WITH A CONFLICTING INTEREST IS EXCLUDED FROM DECISIONS ON THOSE TRANSACTIONS AND VOTING ON THOSE ISSUES. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW AND APPROVAL - THE COMPENSATION FOR THE HEAD OF SCHOOL OF HATHAWAY BROWN SCHOOL IS DETERMINED AFTER A REVIEW OF LOCAL, REGIONAL AND NATIONAL COMPARABLE COMPENSATION FOR INDEPENDENT SCHOOLS, AND A REVIEW OF THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS. THE FINAL COMPENSATION DECISION IS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND DOCUMENTED WITH A WRITTEN EMPLOYMENT CONTRACT. THE COMMITTEE MEMBERS ARE INDEPENDENT OF THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR AND ALSO BY REQUEST. ALL OTHER GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. BLAZING BARRACUDAS LLC 19600 N PARK BOULEVARD SHAKER HTS OH 44122 831065313 SWIMMING EDUCATION OH -54834 33522 HATHAWAY BROWN SCHOOL