2024-05-15T09:20:29-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2022-07-01 060689699 ETHEL WALKER SCHOOL INC ETHE 8606584467 230 BUSHY HILL ROAD SIMSBURY CT 06070 BETH MCWILLIAMS CHIEF FINANCIAL OFFICER 8606584467 2024-05-15 1 BETH MCWILLIAMS XXX-XX-XXXX 0 LAURA J KENNEY P00202198 6177170831 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MEERA VISWANATHAN 230 BUSHY HILL ROAD SIMSBURY CT 06070 27764340 0 X WWW.ETHELWALKER.ORG X 1911 CT THE ETHEL WALKER SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY, BOARDING AND DAY SCHOOL FOR GIRLS IN GRADES SIX THROUGH TWELVE. SINCE 1911, THE ETHEL WALKER SCHOOL HAS EXCELLED AT PREPARING STUDENTS TO MAKE A DIFFERENCE IN THE WORLD. MEMBERS OF THIS DIVERSE COMMUNITY ARE DEDICATED TO SCHOLARSHIP, THE ARTS, ATHLETICS, WELLNESS, AND SERVICE. THE SATISFACTION OF ACHIEVEMENT AND JOY OF FRIENDSHIP ARE FUNDAMENTAL PRINCIPLES AS THE SCHOOL EMPOWERS GIRLS TO LEAD WITH INTEGRITY, CONFIDENCE, COURAGE, AND CONVICTION. 27 26 182 187 361897 0 31369857 7464955 16289267 15519681 432484 1140662 415484 536164 48507092 24661462 5669541 4818246 0 0 9156128 8902185 0 0 1830416 9159417 9991196 23985086 23711627 24522006 949835 96232703 105938075 22337120 29164854 73895583 76773221 X THE ETHEL WALKER SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY, BOARDING AND DAY SCHOOL FOR GIRLS IN GRADES SIX THROUGH TWELVE. SINCE 1911, THE ETHEL WALKER SCHOOL HAS EXCELLED AT PREPARING STUDENTS TO MAKE A DIFFERENCE IN THE WORLD. MEMBERS OF THIS DIVERSE COMMUNITY ARE DEDICATED TO SCHOLARSHIP, THE ARTS, ATHLETICS, WELLNESS, AND SERVICE. THE SATISFACTION OF ACHIEVEMENT AND JOY OF FRIENDSHIP ARE FUNDAMENTAL PRINCIPLES AS THE SCHOOL EMPOWERS GIRLS TO LEAD WITH INTEGRITY, CONFIDENCE, COURAGE, AND CONVICTION. 0 0 18114295 4818246 13660938 INSTRUCTION OF STUDENTS AND SUPPORT SERVICES FOR INSTRUCTION PROGRAMS 2028463 0 2029392 ATHLETIC PROGRAMS/RIDING INSTRUCTION 20142758 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 144 0 1 182 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BETH MCWILLIAMS CFO 8606584467 BUSHY HILL ROAD SIMSBURY CT 06070 DR MEERA VISWANATHAN HEAD OF SCHOOL 40.00 0.00 X X 405127 0 69964 KATHARINE O'BRIEN ROHN CHAIR 1.00 0.00 X X 0 0 0 DR SHELLEY MARKS VICE CHAIR 1.00 0.00 X X 0 0 0 THOMAS REGAN TREASURER 1.00 0.00 X X 0 0 0 CHRISTOPHER L BRIGHAM SECRETARY 1.00 0.00 X X 0 0 0 ALEXANDRA BADGER AIRTH TRUSTEE 1.00 0.00 X 0 0 0 MARGOT CAMPBELL BOGERT TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH ROCKWELL CESARE TRUSTEE 1.00 0.00 X 0 0 0 KEVIN CHESSEN TRUSTEE 1.00 0.00 X 0 0 0 MARY LOU COBB TRUSTEE 1.00 0.00 X 0 0 0 SARAH GATES COLLEY TRUSTEE 1.00 0.00 X 0 0 0 DR ELEANOR DAUGHERTY TRUSTEE 1.00 0.00 X 0 0 0 HARRIET BLEES DEWEY TRUSTEE 1.00 0.00 X 0 0 0 LEANDER ALTIFOIS DOLPHIN TRUSTEE 1.00 0.00 X 0 0 0 JEAN MOORE EDWARDS TRUSTEE 1.00 0.00 X 0 0 0 LINDSAY P FLYNN TRUSTEE 1.00 0.00 X 0 0 0 TOAN C HUYNH TRUSTEE 1.00 0.00 X 0 0 0 CYNTHIA KIRKLAND KELLOGG TRUSTEE 1.00 0.00 X 0 0 0 CHARLOTTE WEIDLEIN LENZNER TRUSTEE 1.00 0.00 X 0 0 0 ANN O'HARA TRUSTEE 1.00 0.00 X 0 0 0 LETITIA MCCLURE POTTER TRUSTEE 1.00 0.00 X 0 0 0 SAHBA SADEGH-VAZIRI TRUSTEE 1.00 0.00 X 0 0 0 JAMIAH TAPPIN TRUSTEE 1.00 0.00 X 0 0 0 DR WILNER SAMSON TRUSTEE 1.00 0.00 X 0 0 0 XIMENA ELETA DE SIERRA TRUSTEE 1.00 0.00 X 0 0 0 EMMA SIMON TRUSTEE 1.00 0.00 X 0 0 0 BETH A STRAPP TRUSTEE 1.00 0.00 X 0 0 0 DR EMILIANA VEGAS TRUSTEE 1.00 0.00 X 0 0 0 MICHAELYNN WARE TRUSTEE 1.00 0.00 X 0 0 0 EMILY WICK TRUSTEE 1.00 0.00 X 0 0 0 TERESA C YOUNGER TRUSTEE 1.00 0.00 X 0 0 0 BETH MCWILLIAMS CFO/COO 40.00 0.00 X 173291 0 31574 GRETCHEN ORSCHIEDT DIRECTOR OF ADVANCEMENT 40.00 0.00 X 225699 0 12314 MARK FULLER DIRECTOR OF TECHNOLOGY 40.00 0.00 X 109005 0 6523 LEILA WETMORE DIR. OF DEVELOPMENT AND THE ANUAL FUND 40.00 0.00 X 130254 0 20432 HARRISON SHURE ASSISTANT HEAD OF SCHOOL/DEAN OF ACADEMICS 40.00 0.00 X 121399 0 14594 1164775 0 155401 6 0 1 0 AP CONSTRUCTION 707 SUMMER STREET STAMFORD CT 06901 CONSTRUCTION SERVICES 5515487 FLIK INTERNATIONAL CORP COMPASS GROUP U PO BOX 91337 CHICAGO IL 606931337 DINING SERVICES 1569950 KELIANDA FARM INC 100 HATCHET HILL ROAD EAST GRANBY CT 060269528 RIDING SERVICE 500109 MARYANN THOMPSON ARCHITECTS 741 MOUNT AUBURN STREET WATERTOWN MA 02472 CONSTRUCTION SERVICES 390636 AGENCY SACKS 345 7TH AVENUE NEW YORK NY 10001 BRANDING SERVICES 321603 14 729758 6735197 3675454 7464955 STUDENT TUITION 611110 13660938 13660938 AUXILLARY SERVICES 611110 1858743 1858743 15519681 1163542 1163542 80386 0 80386 80386 80386 2995184 3018064 -22880 -22880 -22880 88432 84814 3618 3618 OTHER INCOME 611110 452160 170649 281511 452160 24661462 15690330 361897 1144280 4818246 4818246 942416 782205 94241 65970 6369560 4773541 827173 768846 282005 209742 45133 27130 813015 606232 140423 66360 495189 361545 77985 55659 72345 72345 78129 78129 587436 421532 64721 101183 487305 146761 340544 663295 396883 32131 234281 238179 189506 132 48541 1264902 1264902 178161 106288 22402 49471 6242 3326 644 2272 357566 357566 2322357 2157487 137598 27272 286212 286212 EQUESTRIAN EXPENSES 1147173 1147173 SPECIAL PROGRAMS 918101 881290 36811 CONTRACT HELP 750216 695709 54507 PROFESSIONAL DEVELOPMEN 497489 494919 1788 782 136088 41693 89101 5294 23711627 20142758 1738453 1830416 63199 8228 3341924 4926478 4652670 4298558 59030 47591 154626 317633 84491020 45737748 36920603 38753272 37236903 43175300 13450134 13764845 353614 646170 96232703 105938075 1064961 2123683 8440794 8905227 12831365 12247588 5888356 22337120 29164854 X 49169883 50950199 24725700 25823022 73895583 76773221 96232703 105938075 X 949835 889543 1038260 X 0 1 X 1 0 X 5104805 4955403 8424067 31369857 7464955 57319087 5104805 4955403 8424067 31369857 7464955 57319087 29807004 27512083 160546 228264 241815 471953 1163542 2266120 56915 56915 59642122 74451295 0.46130 0.46150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23449084 16311 1405059 106243 790010 23974201 17546885 11184219 -4448701 120071 713248 23449084 15415566 2966697 182274 653104 17546885 15182825 800000 533377 182265 918371 15415566 17580511 22237 439500 178362 2681061 15182825 0.48000 0.37000 0.15000 1 1 0 256883 256883 63909993 32534093 31375900 5407467 3444728 1962739 9019819 8164841 854978 5896858 1594086 4302772 38753272 BENEFICIAL INTEREST IN A CHARITABLE TRUST HELD BY A THIRD PARTY 1904845 F BENEFICIAL INTEREST IN CHARITABLE AND PERPETUAL TRUSTS 11860000 F 13764845 21306530 889543 573771 1463314 19843216 4818246 4818246 24661462 18893381 0 18893381 4818246 4818246 23711627 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUND CONSISTS OF APPROXIMATELY 90 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN TRUSTS 200,000. UNREALIZED GAIN ON INTEREST RATE SWAP 373,771. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION ASSISTANCE 4,818,246. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION ASSISTANCE 4,818,246. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ETHEL WALKER SCHOOL ADVERTISES IN BOTH INTERNAL AND EXTERNAL PUBLICATIONS ITS POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, COLOR, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN. THE NONDISCRIMINATION POLICY WITH REGARD TO STUDENTS IS POSTED ON THE WEBSITE HOMEPAGE. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 6590105 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 1130459 0 0 0 0 0 0 7720564 0 7720564 0 0 1 0 1 0 0 0 PART III ACCOUNTING METHOD: 1 FINANCIAL AID FOR TUITION 127 4818246 FMV FINANCIAL AID PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS ON THE BASIS OF NEED DETERMINED BY SCHOOL AND STUDENT SERVICES (SSS) GUIDELINES WHICH PROVIDES A FINANCIAL AID NEED ANALYSIS BASED ON CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DR MEERA VISWANATHAN HEAD OF SCHOOL 405127 0 0 0 0 0 24750 0 45214 0 475091 0 0 0 GRETCHEN ORSCHIEDT DIRECTOR OF ADVANCEMENT 225699 0 0 0 0 0 12057 0 257 0 238013 0 0 0 BETH MCWILLIAMS CFO/COO 173291 0 0 0 0 0 11142 0 20432 0 204865 0 0 0 LEILA WETMORE DIR. OF DEVELOPMENT AND THE ANUAL FU 130254 0 0 0 0 0 0 0 20432 0 150686 0 0 0 PART I, LINE 1A CERTAIN EMPLOYEES, INCLUDING THE HEAD OF SCHOOL, ARE REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. THE SCHOOL REPORTS THE VALUE OF THE HOUSING AS NONTAXABLE BENEFITS IN SCHEDULE J, PART II, COLUMN (D). THE HEAD OF SCHOOL HOSTS EVENTS AT THE RESIDENCE. A CLEANING SERVICE IS USED TO CLEAN THE PUBLIC AREAS OF THE HOME, NOT THE PERSONAL SPACE. A STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2016-06-14 13145000 REFUND CURRENT BOND ISSUE AND CONSTRUCTION OF NEW ATHLETIC FACILITY 0 0 0 B STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2013-04-03 8665000 CONSTRUCTION OF NEW DORM AND OTHER CAPITAL MAINTENANCE PROJECTS 0 0 0 A 7180000 13145000 7979251 262900 4902849 2017 0 1 1 1 B 1945000 8665000 165000 8500000 2014 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00650 0.00650 0.01300 0 0 1 A 0 0 0 0 1 1 KEY BANK 13.500000000000 0 0 0 0 1 B 0 1 0 1 1 1 KEY BANK 16.750000000000 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: STATE OF CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/03/2018 X 39 3480254 FMV X HORSES 3 195200 FMV 4 0 1 0 PART I, LINE 32B: THE NUMBER REPORTED IN PART I, COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE SCHOOL'S TAX ADVISORS WITH INFORMATION PROVIDED BY THE SCHOOL'S MANAGEMENT. THE CHIEF FINANCIAL OFFICER AND AUDIT COMMITTEE REVIEW THE FORM 990. THE BOARD OF THE ETHEL WALKER SCHOOL DIRECTS THAT THE AUDIT COMMITTEE REVIEW AND APPROVE THE FINAL VERSION WITH FULL AUTHORITY OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES AND KEY EMPLOYEES NEED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM, WHICH IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. TO ADDRESS AN EXISTING CONFLICT OF INTEREST, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE SCHOOL CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OR INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE SCHOOL'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY A COMBINATION OF HIRING COMMITTEE INPUT, RESEARCH BY THE TRUSTEES WITH REGARD TO OTHER HEAD OF SCHOOLS' COMPENSATION, AND RECOMMENDATION FROM CARNEY SANDOE, A SEARCH FIRM. THE DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED. THIS PROCESS IS PERFORMED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUSTS 200,000. UNREALIZED LOSS ON INTEREST RATE SWAP 373,771. UNREALIZED GAIN TRANSFERRED TO ETHEL WALKER FOUNDATION 80,600. INTEREST AND DIVIDEND INCOME REPORTED ON ETHEL WALKER FOUNDATION RETURN 363,664. INTEREST AND DIVIDENDS TRANSFERRED TO ETHEL WALKER FOUNDATION 20,225. ETHEL WALKER CHARITABLE AND EDUCATIONAL FOUNDATION 230 BUSHY HILL ROAD SIMSBURY CT 060702698 060679139 PRIVATE FOUNDATION CT 501(C)(3) PF ETHEL WALKER SCHOOL 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ETHEL WALKER CHARITABLE AND EDUCATIONAL FOUNDATION C 729758 FMV