2024-05-09T15:28:49-05:00 2023-06-30 263753134 CBIZ MHM LLC ONE CITIZENS PLAZA 9TH FLOOR PROVIDENCE RI 02903 990 2022-07-01 050262717 ST ANDREW'S SCHOOL STAN 4012461230 63 FEDERAL ROAD BARRINGTON RI 02806 MICHAEL SMITH CFO 4012461230 2024-05-09 1 MICHAEL SMITH 999009999 0 JOHN T WILMOT P00095129 4016263200 2024-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL SMITH 63 FEDERAL ROAD BARRINGTON RI 02806 32265100 0 X WWW.STANDREWS-RI.ORG X 1893 RI ST. ANDREW'S SCHOOL IS A NURTURING, CHALLENGING, AND SAFE EDUCATIONAL COMMUNITY SERVING STUDENTS IN GRADES 6-12 AND POSTGRADUATE (PG). OUR DEDICATED FACULTY AND STAFF EMBRACE, ENCOURAGE, EDUCATE, AND EMPOWER STUDENTS ONE MIND AT A TIME. OUR EPISCOPAL HERITAGE GUIDES OUR MORAL AND ETHICAL VALUES. ACADEMIC SUCCESS AND PERSONAL GROWTH ARE PROMOTED SO THAT STUDENTS CAN PURPOSEFULLY ENGAGE, SUCCEED, AND THRIVE IN SCHOOL AND IN LIFE. 24 24 118 135 -1024 0 5017689 1333063 12477479 12249817 1969932 765372 323944 558793 19789044 14907045 4854178 4590477 0 0 6248135 6719169 0 0 584719 5572043 6062729 16674356 17372375 3114688 -2465330 60735668 62100674 20607933 21854219 40127735 40246455 X SEE SCHEDULE O 0 0 13816587 4590477 12425676 ST. ANDREW'S SCHOOL IS CONSTITUTED FOR THE PURPOSE OF PROVIDING AN EDUCATIONAL OPPORTUNITY FOR BOTH BOARDING AND/OR DAY STUDENTS IN PRIMARY OR SECONDARY GRADES WHICH WILL PREPARE THEM FOR FUTURE EDUCATIONAL TRAINING (GRADES 6 - 12). 225626 342944 ST. ANDREW'S SCHOOL SUMMER PROGRAM PROVIDES A FUN AND DIVERSE QUALITY LEARNING EXPERIENCE THAT SUPPORTS THE LOCAL COMMUNITY AND IS A BRIDGE TO THE SCHOOL'S ACADEMIC SCHOOL YEAR. 14042213 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 40 0 1 118 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MICHAEL SMITH 4012461230 63 FEDERAL ROAD BARRINGTON RI 02806 JULIE AVINA TRUSTEE 1.00 X 0 0 0 NINA BRODEUR CHARTER TRUSTEE 1.00 X 0 0 0 DAVID A BROWN CHARTER TRUSTEE 1.00 X 0 0 0 SEAN O COFFEY TRUSTEE 1.00 X 0 0 0 PAMELA C FAULKNER CHARTER TRUSTEE 1.00 X 0 0 0 ANTONE B GIEDT PRESIDENT 1.00 X X 0 0 0 THE REV PATRICK J GREEN EX. OFFICIO TRUSTEE 1.00 X 0 0 0 SOOHUEN HAM TRUSTEE 1.00 X 0 0 0 JOHN S HARKER CHARTER TRUSTEE 1.00 X 0 0 0 PETER L HOLDEN TRUSTEE 1.00 X 0 0 0 DR TIMOTHY M JOHNSON TRUSTEE 1.00 X 0 0 0 THE RIGHT REV NICHOLAS KNISLEY EX. OFFICIO TRUSTEE 1.00 X 0 0 0 AUDREY R KUPCHAN MD TRUSTEE 1.00 X 0 0 0 JOEL E LEGON TREASURER 1.00 X X 0 0 0 ERIC B MACK SECRETARY 1.00 X X 0 0 0 LT COL MICHAEL MANNING TRUSTEE 1.00 X 0 0 0 SARA SHEA MCCONNELL TRUSTEE 1.00 X 0 0 0 CYD MCKENNA TRUSTEE 1.00 X 0 0 0 DEMETRIS NICHOLS TRUSTEE 1.00 X 0 0 0 MARK A ROSS CHARTER TRUSTEE 1.00 X 0 0 0 ALFRED B VAN LIEW CHARTER TRUSTEE 1.00 X 0 0 0 AL VERRECHIA TRUSTEE 1.00 X 0 0 0 BENJAMIN C WHITE TRUSTEE 1.00 X 0 0 0 MARGOT F WOLF CHARTER TRUSTEE 1.00 X 0 0 0 DAVID J TINAGERO HEAD OF SCHOOL 40.00 X 320292 0 141760 MICHAEL SMITH CHIEF FINANCIAL OFFICER 40.00 X 83442 0 11801 STEPHANIE MORIN ASST HEAD OF SCHOOL FOR INST ADV 40.00 X 146696 0 45474 DANA GURNEY DIRECTOR OF LEARNING SVS 40.00 X 134904 0 24072 KERRIE DONAHUE DIRECTOR OF DEVELOPMENT 40.00 X 124765 0 25200 ALEXANDRA MCMULLEN ASST HEAD OF SCHOOL FOR ACADEMICS 40.00 X 121087 0 50677 JAMES M MEEHAN FORMER CFO 40.00 X 178258 0 35063 1109444 0 334047 6 1 1 0 0 202845 1130218 52350 1333063 PROG.SERV.REVENUE-RELATED-990 611110 11906873 11906873 SUMMER PROGRAMS 611110 342944 342944 12249817 543611 543611 55518 0 55518 55518 55518 17495387 17273626 221761 221761 221761 54115 202845 68619 -14504 -14504 33164 15810 17354 17354 MISC. REVENUE-RELATED-990 611110 501449 501449 NET UNRELATED BUSINESS INVESTMENT 901101 -1024 -1024 500425 14907045 12768620 -1024 806386 3684834 3684834 905643 905643 652776 560541 92235 204419 204419 4444416 3532679 772417 139320 222905 192660 22251 7994 839448 721334 60198 57916 355205 272463 68215 14527 10032 10032 41225 41225 94228 94228 659923 607431 29567 22925 59324 59324 603813 512872 51762 39179 92055 39908 27869 24278 351359 326764 17568 7027 1454 2 1375 77 25705 7040 13227 5438 746225 661952 84273 1165774 1082471 60024 23279 157467 157467 FOOD SERVICES 728540 728540 STUDENT ACTIVITIES 408254 408254 OTHER OPERATING EXPENSE 294454 33392 244955 16107 SUMMER CAMP EXPENSES 219127 219127 403770 104847 164506 134417 17372375 14042213 2745443 584719 203358 12449 1038309 1780713 1121213 774938 14476 11535 125835 224466 47082814 20268723 25677664 26814091 21269814 22837152 2115786 1989719 9169213 7655611 60735668 62100674 1267405 1382036 1349336 1856788 17451246 18487955 149399 126635 390547 805 20607933 21854219 X 15805324 14963306 24322411 25283149 40127735 40246455 60735668 62100674 X -2465330 1958225 16647 609178 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23420986 187726 2567317 1143637 25032392 26626000 966019 -3057460 1113573 23420986 20465758 104451 6951246 895455 26626000 21394855 286585 -267565 948117 20465758 19649764 1847813 809814 912536 21394855 0.35583 0.50390 0.14027 1 0 879358 879358 41762679 17725208 24037471 2848038 2543515 304523 1592739 1592739 26814091 BOND ISSUANCE COSTS, NET 235528 BENEFICIAL INTEREST IN TRUSTS 7277444 INTEREST RATE SWAP ASSET 142639 7655611 NET RIGHT OF USE LIABILITY 805 805 X 12379749 1958225 16647 160421 2135293 10244456 4662589 4662589 14907045 12794215 84429 84429 12709786 4662589 4662589 17372375 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS ARE VARIED IN PURPOSE RANGING FROM SUPPORTING FACULTY SALARIES, TO PROVIDING NEED-BASED FINANCIAL AID FOR STUDENTS TO GENERAL BUDGETARY OPERATING SUPPORT. GENERALLY, THE GLOBAL PURPOSE OF THE ENDOWMENT IS TO PROVIDE CONTINUED SUPPORT FOR THE SCHOOL AND BE A FINANCIAL RESOURCE FOR THE SCHOOL TO ENSURE THAT IT CAN CONTINUE TO SUCCESSFULLY DELIVER ITS MISSION IN PERPETUITY. PART X, LINE 2: THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING AUTHORITY JURISDICTION. THE SCHOOL'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE PURCHASES 15,810. SPECIAL EVENTS EXPENSE 68,619. CHANGE IN VALUATION OF BENEFICIAL INTEREST IN TRUSTS 75,992. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,568,077. INVESTMENT FEES 94,512. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 68,619. BOOKSTORE PURCHASES 15,810. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,568,077. INVESTMENT FEES 94,512. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL STATES THAT IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, CREED, COLOR OR SEX IN THE ADMINISTRATION OF ITS ADMISSIONS, FINANCIAL AID, EDUCATIONAL POLICIES, OR OTHER SCHOOL PROGRAMS IN THEIR CATALOG, ON THEIR WEBSITE, AND IN LOCAL NEWSPAPERS. SCHEDULE E, LINE 6A THROUGH THE FEDERAL INDIVIDUAL DISABILITY EDUCATION ACT (IDEA) OF 2005 CERTAIN ASPECTS OF MUNICIPAL SUPPORT AND EDUCATIONAL RESPONSIBILITY FOR STUDENTS WITH LEARNING DISABILITIES HAVE BEEN SHIFTED FROM THEIR TOWN OF RESIDENCE TO THE TOWN IN WHICH THE STUDENT IS EDUCATED/ATTENDING SCHOOL. CONSEQUENTLY, ACCORDING TO A PRE-DETERMINED FUNDING FORMULA BASED ON THE NUMBER OF ELIGIBLE STUDENTS WITH LEARNING DISABILITIES THAT THE SCHOOL EDUCATES, THE TOWN OF BARRINGTON IS REQUIRED BY LAW TO PROVIDE CERTAIN LEVELS OF EDUCATIONAL SUPPORT. FOR THE 2022-23 ACADEMIC YEAR THE SCHOOL RECEIVED SUPPORT IN THE AREAS OF SOCIAL SKILLS INSTRUCTION AND SUPPORT, MATH SUPPORT AND SIMILAR AREAS. WHILE THE SCHOOL RECEIVES THESE SERVICES NO FUNDS ARE ACTUALLY RECEIVED BY THE SCHOOL AND CONTRACTUAL RELATIONSHIPS AND PAYMENTS REMAIN BETWEEN THE TOWN AND CONTRACTOR AND OWNERSHIP OF ANY RELATED EDUCATIONAL EQUIPMENT ALSO REMAINS WITH THE TOWN AND NOT ST. ANDREW'S. 0 0 0 0 0 0 0 0 0 0 FINANCIAL AID - TUITION DISCOUNT EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 5 245700 BASED ON FINANCIAL NEED FMV FINANCIAL AID - TUITION DISCOUNT CENTRAL AMERICAN AND THE CARIBBEAN 3 173750 BASED ON FINANCIAL NEED FMV FINANCIAL AID - TUITION DISCOUNT SOUTH ASIA 3 219568 BASED ON FINANCIAL NEED FMV FINANCIAL AID - TUITION DISCOUNT SUB-SAHARA AFRICA 2 78250 BASED ON FINANCIAL NEED FMV FINANCIAL AID - TUITION DISCOUNT NORTH AMERICA 4 188375 BASED ON FINANCIAL NEED FMV 0 0 0 0 0 0 PART III ACCOUNTING METHOD: GOLF TOURNAMENT 109310 73790 35520 2234 27510 2790 WHITE AND BLACK GALA 147650 129055 18595 22683 13402 256960 202845 54115 2234 50193 16192 68619 -14504 1 FINANCIAL AID SCHOLARSHIPS 132 3662434 FINANCIAL AID SCHOLARSHIPS COLLEGE SCHOLARSHIPS 21 22400 COLLEGE SCHOLARSHIPS PART I, LINE 2: IN ORDER TO MONITOR THE USE OF COLLEGE SCHOLARSHIPS, THEY ARE SENT DIRECTLY TO THE COLLEGES OF THE RECIPIENTS, ALL OF WHOM ARE ST. ANDREW'S SCHOOL GRADUATES. FINANCIAL AID SCHOLARSHIPS ARE NEED-BASED AND PROVIDED TO SUPPORT PROSPECTIVE AND CURRENT STUDENTS AT ST. ANDREW'S. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DAVID J TINAGERO HEAD OF SCHOOL 320292 0 0 0 0 0 35182 0 106578 0 462052 0 0 0 JAMES M MEEHAN FORMER CFO 178258 0 0 0 0 0 13391 0 21672 0 213321 0 0 0 STEPHANIE MORIN ASST HEAD OF SCHOOL FOR INST ADV 146696 0 0 0 0 0 7842 0 37632 0 192170 0 0 0 ALEXANDRA MCMULLEN ASST HEAD OF SCHOOL FOR ACADEMICS 121087 0 0 0 0 0 6575 0 44102 0 171764 0 0 0 DANA GURNEY DIRECTOR OF LEARNING SVS 134904 0 0 0 0 0 13793 0 10279 0 158976 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL, DAVID J. TINAGERO, AND THE CHIEF FINANCIAL OFFICER, MICHAEL SMITH, ARE BOTH REQUIRED TO RESIDE IN SCHOOL HOUSING AS A CONDITION OF CONTINUED EMPLOYMENT WITH THE SCHOOL, AS WELL STEPHANIE MORIN, ASSISTANT HEAD OF SCHOOL FOR INSTITUTIONAL ADVANCEMENT, AND ALEXANDRA MCMULLEN, ASSISTANT HEAD OF SCHOOL FOR ACADEMICS. AN ESTIMATED MARKET VALUE APPROACH FOR COMPARABLE PROPERTIES WAS USED TO DETERMINE THE ESTIMATED VALUE OF THIS NONTAXABLE BENEFIT. SCHEDULE J, EXPLANATION OF NONTAXABLE BENEFITS NONTAXABLE BENEFITS OF $106,578 FOR DAVID J. TINAGERO, HEAD OF SCHOOL, INCLUDE HEALTH INSURANCE AND OTHER BENEFITS, TUITION REMISSION, AND HOUSING. SCHEDULE J, EXPLANATION OF NONTAXABLE BENEFITS NONTAXABLE BENEFITS OF $21,672 FOR JAMES M. MEEHAN, FORMER CFO, INCLUDE HEALTH INSURANCE AND OTHER BENEFITS AND HOUSING. SCHEDULE J, EXPLANATION OF NONTAXABLE BENEFITS NONTAXABLE BENEFITS OF $37,632 FOR STEPHANIE MORIN, ASSISTANT HEAD FOR INSTITUTIONAL ADVANCEMENT, INCLUDE HEALTH INSURANCE AND OTHER BENEFITS AND HOUSING. SCHEDULE J, EXPLANATION OF NONTAXABLE BENEFITS NONTAXABLE BENEFITS OF $10,279 FOR DANA GURNEY, DIRECTOR OF LEARNING SERVICE, INCLUDE HEALTH INSURANCE AND OTHER BENEFITS. SCHEDULE J, EXPLANATION OF NONTAXABLE BENEFITS NONTAXABLE BENEFITS OF $44,102 FOR ALEXANDRA MCMULLEN, ASSISTANT HEAD OF SCHOOL FOR ACADEMICS, INCLUDE HEALTH INSURANCE AND OTHER BENEFITS AND HOUSING. A RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION 521300173 2018-10-31 20000000 SEE BELOW 0 0 0 A 1062029 20000000 278916 3881068 450076 1 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 01/14/2021 SCHEDULE K, PART I, LINE A (F) THE RHODE ISLAND HOUSING AND EDUCATIONAL BUILDING CORPORATION ('RIHEBC") FACILITATED THE ISSUANCE OF EDUCATIONAL INSTITUTION REVENUE BONDS IN 2018 SERIES A AND 2018 SERIES B FORM. THE SERIES A BONDS ($16,030,318) WERE UTILIZED TO REFUND THE EXISTING RIHEBC SERIES 2013 BONDS, REFINANCING OF AN EXISTING EDUCATIONAL FACILITY LOAN AND PAY FOR CERTAIN EXPENSES OF ISSUANCE. THE RIHEBC SERIES B BOND REPRESENTS A NON-REVOLVING DRAW DOWN BOND ($3,969,682) WHERE PROCEEDS MUST BE UTILIZED PRIOR TO OCTOBER 31, 2023. CERTAIN EXPENSES OF ISSUANCE WERE PAID FROM THE SERIES B BOND, WITH THE BALANCE OF THE BOND AVAILABLE TO FUND THE ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF EDUCATIONAL / ATHLETIC FACILITIES AND VARIOUS OTHER CAPITAL RENOVATIONS AND IMPROVEMENTS TO THE INSTITUTIONS FACILITIES AND GROUNDS. X 14 2387 FMV X 3 43866 FMV ON DATE OF GIFT X 4 279 X MISCELLANEOUS 27 3025 FMV X FURNITURE 4 1299 FMV X SPORTS EQUIPMENT 1 1200 FMV X JEWELRY 3 294 FMV 0 1 0 FORM 990, PART III ST. ANDREW'S SCHOOL IS A NURTURING, CHALLENGING, AND SAFE EDUCATIONAL COMMUNITY SERVING STUDENTS IN GRADES 6-12 AND POSTGRADUATE (PG). OUR DEDICATED FACULTY AND STAFF EMBRACE, ENCOURAGE, EDUCATE, AND EMPOWER STUDENTS ONE MIND AT A TIME. OUR EPISCOPAL HERITAGE GUIDES OUR MORAL AND ETHICAL VALUES. ACADEMIC SUCCESS AND PERSONAL GROWTH ARE PROMOTED SO THAT STUDENTS CAN PURPOSEFULLY ENGAGE, SUCCEED, AND THRIVE IN SCHOOL AND IN LIFE. FORM 990, PART VI, SECTION B, LINE 11B THE DOCUMENT IN ITS ENTIRETY WAS REVIEWED BY THE SCHOOL'S CHIEF FINANCIAL OFFICER, CONTROLLER, AND THE CHAIRMAN OF THE FINANCE COMMITTEE. THE HEAD OF SCHOOL WAS ALSO PROVIDED THE OPPORTUNITY FOR REVIEW. THE FULL DOCUMENT WITH SCHEDULE B DONOR NAMES AND ADDRESSES REDACTED WAS THEN PRESENTED FOR REVIEW OF THE FULL FINANCE COMMITTEE. THE DOCUMENT WITH THE SAME REDACTION WAS THEN MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING. THE DONOR NAME AND ADDRESS REDACTIONS WERE MADE TO PRESERVE THE CONFIDENTIALITY OF DONORS INCLUDING THOSE WHO DONATE TO THE SCHOOL ANONYMOUSLY. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE SCHOOL REQUIRES THAT ALL DESIGNATED PERSONS INCLUDING BOARD MEMBERS, COMMITTEE MEMBERS AND SENIOR ADMINISTRATORS EXECUTE A NEW ANNUAL STATEMENT CERTIFYING THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE CURRENT CONFLICT OF INTEREST POLICY IS INTEGRATED BY A REFERENCE IN THE ANNUAL DISCLOSURE STATEMENT. THE POLICY REQUIRES THE DISCLOSURE OF ANY POTENTIAL OR ACTUAL CONFLICT THAT MAY OCCUR DURING THE YEAR AND DETAILS THE PENALTIES FOR NON-COMPLIANCE. THE CONFLICT OF INTEREST POLICY IS ALSO AN INTEGRAL PART OF THE SCHOOL'S EMPLOYEE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 AFTER UTILIZING AN INDEPENDENT CONSULTANT IN THE INITIAL HIRING AND SALARY SETTING PROCESS FOR THE HEAD OF SCHOOL, THE COMPENSATION OF THE HEAD OF SCHOOL HAS BEEN DETERMINED PERIODICALLY BY THE EXECUTIVE COMMITTEE AND THE PRESIDENT OF THE BOARD OF TRUSTEES. SUCH COMPENSATION, WHICH WILL BE INCORPORATED INTO A WRITTEN EMPLOYMENT CONTRACT IS THEN APPROVED AND RATIFIED BY THE BOARD. IN DETERMINING THE COMPENSATION OF THE HEAD OF SCHOOL, FACTORS ENTERING INTO THE DECISION ARE PERFORMANCE-BASED, AS WELL AS MARKET-BASED. OUTSIDE OF PERFORMANCE, THE COMMITTEE WILL STUDY COMPENSATION FOR SIMILAR POSITIONS AT LOCAL, REGIONAL AND NATIONAL SCHOOLS OF SIMILAR SIZE AND STRUCTURE WHEN AVAILABLE, AS WELL AS EXAMINE AVAILABLE FORM 990'S FROM OTHER ORGANIZATIONS. THE SCHOOL'S OTHER KEY EMPLOYEE, THE CHIEF FINANCIAL OFFICER, HAS HIS/HER COMPENSATION DETERMINED ANNUALLY BY THE HEAD OF SCHOOL. THE COMPENSATION LEVEL IS DETERMINED BY HIS/HER LEVEL OF PERFORMANCE, AS WELL AS GENERAL MARKET CONDITIONS. TOOLS UTILIZED IN THE DETERMINATION OF SALARY INCLUDE YEARS OF EXPERIENCE IN AND OUTSIDE OF THE SCHOOL INDUSTRY, LOCAL, REGIONAL AND NATIONAL COMPENSATION LEVELS FOR SIMILAR RESPONSIBILITIES, SURVEY DATA, AS WELL AS COMPARISONS TO FORM 990'S FROM OTHER SIMILAR INSTITUTIONS OR THOSE WHERE THE INCUMBENT MAY BE QUALIFIED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INTEREST RATE SWAP 533,186. CHANGE IN VALUATION OF BENEF INT OF 75,992. FORM 990, PART XII - FINANCIAL STATEMENTS AND REPORTING RESPONSIBILITIES OF THE COMMITTEE HAVE REMAINED UNCHANGED FROM THE PRIOR YEAR. 990, SCHEDULE D, PART VI, LINE 1(E) OTHER FIXED ASSETS CONSIST OF CONSTRUCTION IN PROGRESS, AND THEREFORE REMAINS NOT DEPRECIATED BY YE 6/30/2023. THE LESTER B KEATS TRUST C/O VANLIEW TRUST COMPANY 1 US-1 PROVIDENCE RI 02903 BENEFICIAL INTEREST IN TRUST RI ST ANDREW'S SCHOOL T 154967 3925779 0.66670 1 THE LINDA D KEATS TRUST C/O VANLIEW TRUST COMPANY 1 US-1 PROVIDENCE RI 02903 BENEFICIAL INTEREST IN TRUST RI ST ANDREW'S SCHOOL T 131361 3351665 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0